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Sunday, June 20, 2010 10:10:05 PM
PICKS 6/21/ 10 NMT Medical Inc. (NASDAQ:NMTI)
NMT Medical Inc.
(NasdaqCM: NMTI)
I got in and out of this one 3 times and the third time was after i looked at a 3 yr. chart. .56 being a 4 yr low is where she bounced closing at .7288.
Stock tanked on a stroke trial that had less than favorable results and like they always do, sell it down the river. Which is great opportunities for traders like us, gotta love bounce plays.
See her going to .80 short term .84 being hod friday and i think its goin to a buck anyway and if not or not performing i will sell it so fast lol.
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NMT Medical, Inc., a medical technology company, designs, develops, manufactures, and markets implant technologies that allow interventional cardiologists to treat structural heart disease through minimally invasive catheter-based procedures. Its product line comprises CardioSEAL, a cardiac septal repair implant device used for the repair of structural heart disease and intracardiac shunts that result in abnormal blood flow through the chambers of the heart; STARFlex, which incorporates a self-centering system that allows the implant to self-adjust to variations in the anatomy of a septal defect without deforming the septum or interfering with heart valve function; and BioSTAR, a bioabsorbable patent foramen ovale implant and biological closure technology. The company also develops BioTREK, a biological closure technology, which incorporates a biosynthetic material that uses the body?s own regenerative capability to restore function naturally. It primarily serves hospitals, clinics, and other healthcare centers. The company markets its products through distributors, as well as directly in North America and internationally. NMT Medical, Inc. was founded in 1986 and is headquartered in Boston, Massachusetts.
NMT Medical Inc.
(NasdaqCM: NMTI)
I got in and out of this one 3 times and the third time was after i looked at a 3 yr. chart. .56 being a 4 yr low is where she bounced closing at .7288.
Stock tanked on a stroke trial that had less than favorable results and like they always do, sell it down the river. Which is great opportunities for traders like us, gotta love bounce plays.
See her going to .80 short term .84 being hod friday and i think its goin to a buck anyway and if not or not performing i will sell it so fast lol.
_________________________________________________
NMT Medical, Inc., a medical technology company, designs, develops, manufactures, and markets implant technologies that allow interventional cardiologists to treat structural heart disease through minimally invasive catheter-based procedures. Its product line comprises CardioSEAL, a cardiac septal repair implant device used for the repair of structural heart disease and intracardiac shunts that result in abnormal blood flow through the chambers of the heart; STARFlex, which incorporates a self-centering system that allows the implant to self-adjust to variations in the anatomy of a septal defect without deforming the septum or interfering with heart valve function; and BioSTAR, a bioabsorbable patent foramen ovale implant and biological closure technology. The company also develops BioTREK, a biological closure technology, which incorporates a biosynthetic material that uses the body?s own regenerative capability to restore function naturally. It primarily serves hospitals, clinics, and other healthcare centers. The company markets its products through distributors, as well as directly in North America and internationally. NMT Medical, Inc. was founded in 1986 and is headquartered in Boston, Massachusetts.
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