Cyberonics, Inc. (NASDAQ:CYBX)
CAPS Rating:
A neuromodulation company founded to design, develop and bring to market medical devices that provide a unique therapy, VNS Therapy, for the treatment of epilepsy, TRD and other debilitating neurological or psychiatric diseases and other disorders.
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Overvalued by around 240%, the science behind their product is inconclusive at best (according to various studies by governments, academia, and private enterprises), insiders have sold 823,000+ shares over the last year, and a whistleblower is filing a very large and ugly lawsuit against the company.I would short as soon as possible.