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Let's grab some of this, playing double top
Congrats on 95% share price increase. Stryker!!!!!
Elk Creek Partners, LLC has filed a new 13G, reporting 5.01% ownership in $NVDQ - https://fintel.io/so/us/nvdq and https://fintel.io/i/elk-creek-partners-llc
They report next Tues after hours
Must be a great earnings report with all this pre earnings trading.
been a while since any posted here. the news could put this back on the radar
$NVDQ recent news/filings
bullish 12.50
## source: finance.yahoo.com
Mon, 14 Dec 2015 21:01:27 GMT ~ Is Chart Industries, Inc. (GTLS) Going to Burn These Hedge Funds?
read full: http://www.insidermonkey.com/blog/is-chart-industries-inc-gtls-going-to-burn-these-hedge-funds-399739/
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Thu, 10 Dec 2015 13:59:36 GMT ~ NOVADAQ to Present at the 34th Annual J.P. Morgan Healthcare Conference
[at noodls] - Toronto, Ontario - December 10, 2015 - Novadaq Technologies Inc. ('NOVADAQ' or the 'Company') (NASDAQ:NVDQ; TSX:NDQ), the leading developer and provider of clinically relevant fluorescence imaging solutions ...
read full: http://www.noodls.com/view/60011B65977CF31CF71ABBB34EAA169CE5BA5D30
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Thu, 10 Dec 2015 13:25:00 GMT ~ NOVADAQ to Present at the 34th Annual J.P. Morgan Healthcare Conference
[GlobeNewswire] - TORONTO -- Novadaq Technologies Inc. ("NOVADAQ" or the "Company") (NASDAQ:NVDQ) , the leading developer and provider of clinically relevant fluorescence imaging solutions for use in ...
read full: http://finance.yahoo.com/news/novadaq-present-34th-annual-j-132500603.html
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Tue, 08 Dec 2015 18:12:49 GMT ~ NOVADAQ TECHNOLOGIES INC Financials
read full: http://finance.yahoo.com/q/is?s=nvdq&annual
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Wed, 02 Dec 2015 16:07:09 GMT ~ Novadaq Technologies, Inc. breached its 50 day moving average in a Bearish Manner : December 2, 2015
read full: http://www.capitalcube.com/blog/index.php/novadaq-technologies-inc-breached-its-50-day-moving-average-in-a-bearish-manner-december-2-2015/
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$NVDQ charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$NVDQ company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/NVDQ/company-info
Ticker: $NVDQ
OTC Market Place: Not Available
CIK code: not found
Company name: Novadaq Technologies, Inc.
Company website: http://www.novadaq.com
Incorporated In:
Business Description:
$NVDQ share structure
## source: otcmarkets.com
Market Value: $411,630,921 a/o Dec 17, 2015
Shares Outstanding: 32,747,090 a/o Nov 30, 2011
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value
$NVDQ extra dd links
Company name: Novadaq Technologies, Inc.
Company website: http://www.novadaq.com
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/NVDQ/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/NVDQ/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=NVDQ+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=NVDQ+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=NVDQ+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/NVDQ/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/NVDQ/news - http://finance.yahoo.com/q/h?s=NVDQ+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/NVDQ/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/NVDQ/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/NVDQ/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/NVDQ/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/NVDQ/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/NVDQ/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/NVDQ/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/NVDQ/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=NVDQ+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/NVDQ
DTCC (dtcc.com): http://search2.dtcc.com/?q=Novadaq+Technologies%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Novadaq+Technologies%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Novadaq+Technologies%2C+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.novadaq.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.novadaq.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.novadaq.com
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/NVDQ/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/NVDQ
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/NVDQ/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/NVDQ/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/NVDQ/sec-filings
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/NVDQ/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/NVDQ/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/NVDQ/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/NVDQ/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=NVDQ&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=NVDQ
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/NVDQ/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=NVDQ+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=NVDQ+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=NVDQ
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=NVDQ
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=NVDQ+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/NVDQ/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=NVDQ+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/NVDQ.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=NVDQ
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/NVDQ/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/NVDQ/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/NVDQ/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/NVDQ/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/NVDQ
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/NVDQ
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/NVDQ:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=NVDQ
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=NVDQ
$NVDQ DD Notes ~ http://www.ddnotesmaker.com/NVDQ
Hey cynical, any thoughts on GNMK? I agree with you on NVDQ...great story!
Novadaq On Track To Bring Excellent Growth To Light
http://seekingalpha.com/article/1606312-novadaq-on-track-to-bring-excellent-growth-to-light?source=email_rt_article_readmore
JP Morgan adds 2.0 mil shares and owns over 10% now
Bought a slug of this stock on the announcement of shelf. This and GNMK, 2 of my largest holdings.
institutional investors that bought recent $12.90 offering must be feeling good.....
shelf offering...ouch.....didn't see that one coming.
Impressive! Thanks
Novadaq Tech.: Beginnings of a Novadaq PINPOINT empire? Impressive PILLAR II goes up at SAGES - Feltl & Co. (12.66 -0.07)
Feltl notes NVDQ released impressive interim results from the PILLAR II study at a dinner event late last week which it attended. Two posters were presented at the SAGES conference and Novadaq held a number of booth presentations by surgeons during the conference as well. Novadaq products were prominently featured in the Intuitive Surgical (ISRG) and LifeCell booths. Conversations with company personnel imply early activity on Luna is encouraging.
Read more: http://www.briefing.com/InPlayEq/InPlay/InPlayDual.htm#ixzz2RCR186yc
Under Creative Commons License: Attribution
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Biobum. where is cyclical trader? He was always vocal on NVDQ and GNMK?
yea baby..............
4 out of 20 were abnormal... Pinpoint identified the problems and they were resolved.
Researchers from Maimonides Medical Center Report on Findings in Gastroenterology
GastroenterologyNewsRx.com
By a News Reporter-Staff News Editor at Gastroenterology Week -- New research on Gastroenterology is the subject of a report. According to news originating from Brooklyn, New York, by NewsRx correspondents, research stated, "Aim Anastomotic dehiscence is a devastating complication. Inadequate blood supply is felt to be the prevailing cause."
Our news journalists obtained a quote from the research from Maimonides Medical Center, "This study describes the use of near infrared imaging to evaluate transanally anastomotic tissue perfusion following low anterior resection.Twenty patients undergoing low anterior resection for benign and malignant disease were studied. After completing the anastomosis, indocyanine green (ICG) was injected via a peripheral intravenous catheter. An endoscopic near infrared imaging system (Pinpoint, Novadaq, Canada) was then used transanally to visualize mucosal perfusion of the colon, rectum and the anastomotic staple line. All patients underwent a technically successful ICG angiogram. The angiogram was abnormal in four patients. Two of these had a protective loop ileostomy and showed no sign of anastomotic breakdown. The other two patients were found on CT scan to have a peri-anastomotic collection consistent with anastomotic leakage. Both were managed conservatively with resolution. This study confirms that transanal ICG angiography is feasible and provides imaging of mucosal and anastomotic blood flow."
According to the news editors, the research concluded: "The technique warrants further study in a larger group of patients to assess its ability to identify defects in tissue perfusion that may lead to anastomotic breakdown."
For more information on this research see: Intra-operative transanal near infrared imaging of colorectal anastomotic perfusion: a feasibility study. Colorectal Disease, 2013;15(1):91-6. (Wiley-Blackwell - www.wiley.com/; Colorectal Disease - onlinelibrary.wiley.com/journal/10.1111/(ISSN)1463-1318)
The news correspondents report that additional information may be obtained from D.A. Sherwinter, Maimonides Medical Center, Division of Minimally Invasive Surgery, Brooklyn, New York, United States (see also Gastroenterology).
http://www.equities.com/news/headline-story?dt=2013-01-16&val=933057&cat=hcare
Firefly mentions from ISRG conf call...
In imaging, we submitted a 510(k) application to expand indications for our Firefly Fluorescence imaging system to use in biliary imaging. We believe this will have application for use in imaging in the common bile duct during Cholecystectomy, and we’ll complement the use of Single-Site.
The year-over-year increase in I&A was driven by procedure growth of approximately 25%, sales of new instrument and accessory products, including Single-Site, Vessel Sealer and Firefly and higher stocking orders associated with higher system unit sales.
Instrument and accessory revenue realized per procedure including initial stocking orders was approximately $2,050 per procedure, which is higher than the $1,980 realized in the fourth quarter of 2011, and the third quarter of 2012. The sequential year-over-year increases were driven by higher new product sales, including Vessel Sealers, Single-Site kit, and Firefly kits.
ASPs include all da Vinci models, all simulators, and Firefly when configure with the systems and exclude upgrades. Fourth quarter ASP's benefited from the favorable mix of dual console systems, Firefly enabled systems, and direct sales to Europe. ASPs will fluctuate quarter-to-quarter based on product, customer, and trade-in mix as well as foreign exchange rates on direct sales to international customers.
We sold 150 simulators during the quarter, mostly in conjunction with new system sales compared with 123 last year and 87 last quarter. We sold 32 dual console systems compared with 29 last year and 20 last quarter. 52 of our fourth quarter 2012 system sales involve trade-in comprised of 40 da Vinci S and 12 standard models. 50 of our fourth quarter 2011 sales all trade-in, and 34 of our third 2012 sales all trade-in.
Our recently launched Vessel Sealer product continues to pick up clinical momentum with most of the interest coming from colorectal, advanced general and GYN clinicians. The customer adoption for both da Vinci Simulator and Firefly continues to expand, with 115 customers purchasing a da Vinci Simulator and 88 customers purchasing Firefly systems, as part of their da Vinci purchase this quarter.
Lawrence S. Keusch – Raymond James Financial
Got it and then just two other quick ones, just relative to the 510 clearance that you guys are anticipating for Firefly in biliary, could you talk about how important that is to proceed the option of Single-Site Chole. It seems to me that obviously we can reduce kind of bile duct injuries that would be a positive with that technology. And then separately, I think last quarter you provided some feel for kind of in the U.S. what procedures grew if you were to adjust for the declines in prostatectomy. I was wondering if you can help us with that in the fourth quarter.
Gary S. Guthart
Just speaking to the first one, the 510(k) submission for Firefly biliary imaging that has just been submitted this quarter, so in terms of when we expect clearance, no end point to tell you about yet. We do think that biliary imaging in real time is interesting and meaningful for Cholecystectomy for the reason that you indicated that a common bile duct injury is a serious complication, and we think that Firefly can augment the white light imaging and be a complement to cholangiography, so that’s the intend. We‘ve just started that conversation with FDA and as it proceeds in we have something more material to share we will. With regard to the break outs on kind of the adjustments and the procedure mix, I’ll turn to Aleks.
Rick A. Wise – Stifel, Nicolaus & Co., Inc.
Okay. Japan, just again, I think you said a significant demand, with the da Vinci Si approval on hand, is this going to be an incremental driver or we’re going to see more upgrades maybe in 2013, getting help or bring that for us? Thank you.
Gary S. Guthart
I think there are really two things to say with regard to Si approval in Japan. The first one is we’re excited about the approval in large part, because it allows us to bring the Japan with follow-on clearances, a set of technologies that we think have really made a down set in the rest of the world and things like Single-Site and Firefly and thus assuming to counsel and simulate or a bunch of things that we invest on the SI system side. So we’re excited about that. I think structurally though in the longer term, the Japanese market penetration will be based by additional procedure reimbursement and so near-term it’s a great thing to get in the hands of Japanese customer. We need to continue to work on reimbursements beyond Prostatectomy and we will continue to do so.
Toronto, Ontario — January 24, 2013 – Novadaq® Technologies Inc. (“Novadaq” or the “Company”) (NASDAQ: NVDQ, TSX: NDQ,), a developer of clinically-relevant fluorescence imaging solutions for use in surgical procedures, will announce its fourth quarter and full year 2012 financial results before the market opening on Thursday, February 7, 2013.
Novadaq is pleased to invite all interested parties to participate in a conference call, on February 7 at 8:30 a.m. Eastern Time, during which the results will be discussed.
Those wishing to access the live conference call by telephone should dial 1-877-407-8031 (within Canada and the United States) or 1-201-689-8031 (international callers) several minutes prior to the beginning of the call.
A telephonic replay of the conference call will be made available until midnight on March 7, 2013 and can be accessed by dialing 1-877-660-6853 (within Canada and the United States) or 1-201-612-7415 (international callers) and entering the conference identification number 408022 when prompted. The call will also be archived for 90 days on the Company’s website at http://www.novadaq.com under the “Events” tab in the Investors section, and a replay of the call will be available for download to a portable audio player or computer, as an MP3 or podcast file, at the same location on Novadaq’s website.
Needham conference presentation...
http://wsw.com/webcast/needham55/register.aspx?conf=needham55&page=nvdq&url=http%3A//wsw.com/webcast/needham55/nvdq/
$8.49 is the 78.6% fib retracement from the $12.20 H on Oct 17. Should hold, consolidate then reverse from here. May take a week or so.
They are shaking the tree hard despite all of the great news. IMHO, this is the time to be long this name.
Identification of anomolous biliary anatomy using near-infrared cholangiography.
Sherwinter DA.
Source
Division of Minimally Invasive Surgery, Maimonides Medical Center, 4802 10th avenue, Brooklyn, NY 11219, USA. dsherwinter@maimonidesmed.org
Abstract
BACKGROUND:
Intraoperative cholangiography (IOC) is especially helpful for the detection of anomalous biliary anatomy during laparoscopic cholecystectomy. Fluorescent cholangiography using an intravenously injected fluorophore and near-infrared (NIR) imaging provides similar anatomical detail to standard radiographic cholangiography without ionizing radiation, puncture of the biliary system, or additional operative time. This video shows a laparoscopic cholecystectomy performed under NIR cholangiographic guidance and highlights its ability to identify anomalous anatomy.
METHODS:
The attached video shows a laparoscopic cholecystectomy being performed on a 28-year-old female with a history of biliary colic and ultrasonographic evidence of cholelithiasis. This patient agreed to be part of a larger randomized study looking at near-infrared cholangiography and its ability to prevent common bile duct injuries (approved by the ethics review board of our institution and registered with clinicaltrials.gov Identifier# NCT01424215). This study uses the Pinpoint system (Novadaq, Ontario, Canada) for NIR imaging (Fig. 1). The Pinpoint mates a high definition white light laparoscopic view to the NIR cholangiography, providing an uninterrupted, augmented view of the anatomy. 1 cm(3) of indocyanine green was injected intravenously prior to the procedure.
RESULTS:
As shown in the video, an anomalous duct was identified during dissection and development of the critical view of safety. Because of the possibility that this represented an aberrant right hepatic duct, the cystic duct was controlled and divided distal to the anomalous duct and the gall bladder excised from the fossa in the usual manner. The patient did well without sequelae at 1 week and 1 month follow-up.
CONCLUSION:
Anomolous ductal anatomy of the biliary tree has been reported in up to 23 % of cases.1,2 The ability of IOC to elucidate biliary anatomy and thus prevent bile duct injury has led many to espouse routine cholangiography for all laparoscopic cholecystectomies.3,4 Near-infrared cholangiography (NIRC) is easy to perform, does not add steps to the operative procedure, and produces a similar anatomic roadmap of the hepatocystic triangle to that of standard IOC. Although the clinical significance of the anomalous duct identified in this video is unknown, this video highlights the excellent detail provided by NIRC. Recommendations regarding the routine use of this new technology await the results of an ongoing randomized control study.
Cantor Fitzgerald raises their ISRG tgt to $525 from $475. The firm notes that they hosted a meeting with Intuitive management at company headquarters as part of their Bay Area bus tour, and key takeaways include: 1) Intuitive expects to add single-incision indications in 2013 and sees a significant opportunity in outpatient clinics, 2) management is not ready to call a bottom in U.S. dVP volumes but continues to believe that other procedures are ready to pick up the slack, and 3) Firefly is expected to be included in a greater percentage of units going forward.
from theflyonthewall.com
Novadaq Announces First PINPOINT Purchase Order
Toronto, Ontario - December 5, 2012 -
Novadaq® Technologies Inc. (“Novadaq” or the “Company”) (NASDAQ: NVDQ, TSX: NDQ), a developer of real-time medical imaging systems for use in the operating room, today announced that Maimonides Medical Center in Brooklyn, New York, is the first United States hospital to purchase a PINPOINT® endoscopic fluorescence imaging system. Maimonides has also purchased a set of endoscopes and signed long term contracts for service and supply of disposable kits, which are required for each PINPOINT procedure.
Over the past year, Maimonides has worked with Novadaq to develop minimally invasive surgery applications for PINPOINT, and three articles highlighting the Maimonides experience have already been published in medical journals. The first of two colorectal surgery articles, entitled: Intraoperative Transanal Near Infrared Imaging of Colorectal Anastomotic Perfusion: a Feasibility Study, was published in May in the journal Colorectal Disease. In this article, the authors reported that PINPOINT revealed colon perfusion abnormalities in four of twenty patients enrolled in the study. In accordance with the study protocol, surgeons did not adjust their operative plan based on the PINPOINT images. All 16 patients who had a normal perfusion study did not manifest any evidence of leak, while two of the four patients who had abnormal Pinpoint images subsequently went on to develop complications consistent with anastomotic leaks. In the article, Identification of Anomolous Biliary Anatomy Using Near-Infrared Cholangiography, which was published in September in the Journal of Gastrointestinal Surgery, PINPOINT assisted the surgeon by identifying an aberrant bile duct that otherwise might have been injured during a laparoscopic cholecystectomy case.
Dr. Danny A. Sherwinter, Director, Division of Minimally Invasive Surgery, Maimonides Medical Center and author of the published articles, stated, “Lack of blood flow to tissue at the anastomotic site is known to contribute to the potential for post-operative anastomotic leaks, an often extremely serious complication following colorectal surgery. Major anastomotic leaks can require a return to surgery, significantly longer hospital stays and even death.” Dr. Sherwinter added, “Until PINPOINT, there was no technology that could efficiently assist in determining the quality of tissue perfusion at the anastomosis. We purchased the PINPOINT system because, in our experience, which now includes more than 100 patients, relying on PINPOINT and responding to images that show inadequate perfusion has significantly reduced the anastomotic leak rate at Maimonides.”
Commenting on the Maimonides purchase, Arun Menawat, Ph.D., MBA, President and CEO of Novadaq said, “Now that application development is complete and the PINPOINT commercial launch is underway, the fact that the surgeons and administration at Maimonides wish to fully integrate PINPOINT into their minimally invasive surgery program validates the proposition that the use of PINPOINT contributes to reductions in postoperative complication rates and costs.”
PINPOINT combines the fluorescence imaging capabilities of Novadaq’s SPY imaging technology with the HD visible light imaging of a traditional endoscope. PINPOINT can be used as a traditional endoscope and to obtain fluorescence images either on demand or simultaneously during minimally invasive surgeries. PINPOINT is expected to provide surgeons with better visualization of blood flow to tissue and important anatomical structures during these complex minimally invasive procedures. Improved visualization and functional imaging information may result in reduced incidences of post-operative complications and lower costs of care.
Novadaq has initiated PILLAR™, Perfusion Assessment in Laparoscopic Left Anterior Resection, a North American multi-center, open label, prospective study of patients undergoing laparoscopic left sided colon resection surgery during which PINPOINT imaging is performed. The PILLAR study is intended to evaluate the clinical impact of visual perfusion assessment using PINPOINT on the outcomes of laparoscopic colon resection surgery. Dr. Sherwinter’s experience at Maimonides was integral to the development of the PILLAR study design.
Colon resection or colectomy is indicated for colon cancer, diverticulitis, and certain inflammatory and other bowel diseases and has been traditionally performed by means of a standard abdominal incision. The use of minimally invasive techniques in colorectal surgery is growing and it is estimated that today, 40% of the 300,000 annual colectomies performed in the United States are performed using minimally invasive techniques. However, small incisions restrict the surgeon’s vision and therefore can make intra-operative clinical decisions more difficult, increasing the complexity of the surgery. Perfusion to tissue can be compromised in colorectal surgery and, if undetected and not addressed at the time of surgery, can lead to serious and costly post-operative complications including anastomotic leaks.
Selling looks to be exhausted, strong support in the 8.70ish range, MACD cross is imminent. IMO NVDQ is close to leaving the station.
this may be why we're seeing a pop...
Some Democrats, like incoming Sen. Elizabeth Warren, are open to cutting the device tax.
Cynical, have been dipping my toes into this one. I continue to buy the pullback in the 8s and low 9s. Novadaq is severely oversold at this stage. Watching the business execution this Q and next before I take a larger leap.
Taglich Brothers reiterated its Buy rating on Novadaq Technologies (NASDAQ: NVDQ[FREE Stock Trend Analysis]) and increased its price target from $11 to $13.25.
Taglich Brothers commented, "Reconstructive, cardiac and urological surgery markets have been penetrated to an extent that has made Novadaq cash flow positive. Novadaq aims to commercialize, on its own, the PINPOINT endoscopic imaging systems for minimally invasive surgeries. Substantial development costs for PINPOINT will continue to burn cash through next year. But fortified with $37 million in proceeds from a common stock offering, Novadaq is well prepared for expanded product development and penetration of additional large markets."
Taglich Brothers closed at $9.11 on Wednesday.
(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Read more: http://www.benzinga.com/analyst-ratings/analyst-color/12/11/3093489/update-taglich-brothers-raises-pt-to-13-25-on-novadaq-te#ixzz2CIJonVYz