2007-08-04 02:58:41 · 2 answers · asked by B 1 in Business & Finance ➔ Investing
that positive test was over two months ago and the stock as gone down since. Now it is only .50 above its 52 week low the stock is under accumlation but keep an eye on it. Cardiome is a Canadian company developing (with partner Astellas) a new injectable cardiovascular drug for the treatment of cardiac arrhythmias. A Food and Drug Administration approval decision for the drug, Vernakalant, is coming up on Oct. 18. Just as important is an oral version of the drug still in clinical testing with a much larger commercial potential.
wait and see. If you have it hold it
2007-08-04 06:57:34 · answer #1 · answered by Anonymous · 0⤊ 0⤋
unless you're part of an illegal "pump and dump" scheme, I suggest that the 3 day, 5 day, and biweekly charts say this boat has either sailed or isn't going anywhere.
sure, there are upside surprises in the stock markets and you can likely find better bets in terms of risk and reward.
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2007-08-04 03:05:09 · answer #2 · answered by Spock (rhp) 7 · 0⤊ 0⤋