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Biotech / Medical : THOR-Thoratec Corporation -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (6)11/4/2008 6:33:39 AM
From: robert b furman  Read Replies (1) | Respond to of 8
 
Q3 earnings out - up 44 %.

Heartmate II providing good growth.

26 new centers came on board for the quarter.

phx.corporate-ir.net

The stock has now made an island reversal:

stockcharts.com

Think like a criminal:

Senior convertible debt converted into stock.

Announce a trials finding of all failures since inception (For the benefit of the clinicians.This looks like a recalll but isn't - price collapses.Hold a webcast and explain the professsionalism of data and long term good news.

Then blow away earnings numbers,as sellers of the converted stock buy back at a 10% hair cut and then quickly recover with killer earnings that you know are coming.

NAH - just my paranoid - but really clever if they are that good.

Nothing beats getting your debt converted into a winning stock and then turn it into cash just in time to buy the stock back on a discount.

It is really clever and I'm thinking way too much or am I?

Bob

That IS WHAT HAPPENED!!