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$23.82 -0.55 (-2.26%)
10/7/2008 4:00 PM

Inverness Medical Innovations, Inc. (IMA)

CAPS Rating:
***

The Company is a global developer, manufacturer and marketer of vitro diagnostic products for the over-the-counter pregnancy and fertility/ovulation test market and the professional rapid diagnostic test markets.

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Avatar hleggett (44.45) Submitted: 2/26/08 4:15 PM : Underperform Start Price: $32.97 IMA Score: 0.47

Adown to half former value, it's going lower. Management cannot explain why it's paying $900 million for a $475 million company, Matria. Yep, it's a stinker until the CEO can explain this deal. Obviously, the shareholders aren't buying the sorry guidance thus far ....

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