Bellwether Report Continues Tracking NTMD, VSTA, SIRI and Alerts Shareholders of AHFI
TORONTO - MARKET WIRE - 12/06/04
The Bellwether Report has issued post market trading alerts on four companies that our analysts will be tracking over the course of the day tomorrow, as they have all announced new corporate developments this afternoon after the bell.
Nitromed Inc. (NASDAQ: NTMD) traded down 11% today on regular volume with no news to explain the sudden downward trend.
Vistacare Inc. (NASDAQ: VSTA) traded down 7% in after market trading after posting dismal third quarter financials, with a loss of $.38 per share as oppose to net income of $.22 a share a year earlier.
Sirius Satellite Radio (NASDAQ: SIRI) has shown no signs of slowing down in the last 3 months, being by far the most impressive company on the market. Today they closed up another 8% while continuing to look as strong as ever.
Absolute Health and Fitness (OTC: AHFI) traded down 17% today due in part to the fact that there's Absolutely no concrete information available on this heavily traded small cap company. BWR is looking into developments with this speculative issue, and on Tuesday, November 14th, 2004, will post our commentary on the company. We will cover topics such as, where is the volume coming from? What is the justification of a $10 target price based on no public information? How can companies like Penny Stock Pro and Hot Stock Finder pay $1.01 per click through Overture a Pay Per Click Service to promote their companies to investors searching the key words "Penny Stocks" and "Stock Tips", if the only company they are promoting is AHFI, and the site was only created on October 26th of 2004 meaning the news letter itself is somewhat speculative.
The Bellwether analysts will be tracking the day's events with these companies to see how the markets react. Our research will continue over the next 30 days to gauge the impact of these developments in the short term and mid term.
As a gift from the BWR team to you, we are offering our service complimentary for the next 45 days leading up to the Holiday Season and into the New Year. If you would like to receive more information on the Bellwether Report or the above mentioned companies visit, www.bellwetherreport.com.
Bellwether Report Continues Tracking NTMD, VSTA, SIRI and Alerts Shareholders of AHFI |
