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mlkrborn

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mlkrborn

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Tuesday, 10/19/2010 1:41:55 AM

Tuesday, October 19, 2010 1:41:55 AM

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MIPI
Molecular Insight Pharmaceuticals(MIPI_) shares were declining Monday after rocketing by as much as 80% Friday. The troubled company -- on the verge of being delisted by Nasdaq -- said an early-stage clinical trial of a cancer diagnostic test showed positive results vs. a rival technology.

The stock finished Monday by sinking 15.8% to $1.07. Also on Friday, Molecular Insight received another waiver extension from its bondholders as it struggles to refinance its debt load.
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