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Biotech / Medical : Biotech & Pharma.T.A,
BIB 82.74-1.3%Dec 26 4:00 PM EST

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To: Jibacoa who wrote (2612)1/14/2010 1:47:05 PM
From: Jibacoa  Read Replies (1) of 3722
 
CRDC is up 50% with volume > 1,771,400 about 22x its ADV.<g>

bigcharts.marketwatch.com

It is apparently still benefiting from its presentation in Frisco.<g>

CRDC makes stapling devices for surgical procedures.Its stapling technology is designed to minimize operating time and to enable minimally-invasive and robot-assisted surgeries.

Its automated anastomosis systems, the C-Port Distal Anastomosis Systems and PAS-Port Proximal Anastomosis System, for CABG surgery have been already shipped over 25,000 units throughout the world.

It is also developing the Cardica Microcutter, an endoscopic stapling device designed to be used in a variety of procedures, including bariatric, thoracic and general surgery.

The stock is still trading below its July spike.<g>

bigcharts.marketwatch.com

In spite of lower revenues in the last 2Qs it has continued to trim its losses, and it doesn't have significant LTD.

The stock is starting to get off from its longer term DT coming from the July 2008 H above $11 <g>

bigcharts.marketwatch.com

Bernard
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