Top Cannabis Stocks

[Pennybuster]

$TRXC 1.95 Watching 2 See If It Gets a Technical Bounce Here Or Possibly More Downside. It Should Be Pretty Volatile Here 4 Awhile.




Shares of TransEnterix Inc. NYSEMKT: $TRXC went into free fall on Thursday morning following a devastating judgment by the U.S. Food and Drug Administration (FDA). The company announced after the markets closed on Wednesday that the FDA notified TransEnterix that it had determined that the SurgiBot System does not meet the criteria for substantial equivalence based on the data and information submitted.

Over the course of the week, the stock was down 64%. Shares of TransEnterix fell to $1.94 to close Friday. The consensus analyst price target is $4.04, and the 52-week trading range is $1.28 to $6.10.


http://247wallst.com/investing/2016/04/24/4-companies-that-have-destroyed-shareholders/