Monday, March 13, 2006

Weekend Follies (March 11-12, 2006)

Weekend follies culprits were highly influenced by the 55 Annual Scientific Session of American College of Cardiology. Five breathless press releases were issued to co-incide with the opening session as well as on line publication within the New England Journal of Medicine. Amazing how these studies can be timed to match up to certain events. Tip of the hat to the scientific method. Two NYSE companies Abbott (ABT), Boston Scientific (BSX) and Three Nasdaq companies Vasogen (VSGN), Myriad Genetics (MYGN) and Angio Pharmaceuticals (ANPI)

Three non-pharma culprits Macadamia (NYSE:NUT), North Bay Bancorp (Nasdaq:NBAN), Dundee Precious Metals (TSX:DPM)