BG Medicine, Inc. (NASDAQ:BGMD)

CAPS Rating: 2 out of 5

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Member Avatar JoeCasino (28.33) Submitted: 4/14/2014 8:52:37 PM : Outperform Start Price: $1.17 BGMD Score: +8.73

like

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Member Avatar SqwiiTrader (39.18) Submitted: 2/13/2014 11:41:20 AM : Outperform Start Price: $1.20 BGMD Score: +5.94

Big IHS pattern will run

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Member Avatar zzlangerhans (99.74) Submitted: 12/20/2013 4:54:37 PM : Underperform Start Price: $1.01 BGMD Score: -25.09

Woo-hoo! CMS increased the reimbursement for the Galectin-3 test from $18 to $30! While that's certainly not a negative for BG Medicine, it doesn't address the fundamental problem with the test which is a lack of usefulness and a lack of demand. Quarterly utilization of the test has been flat and losses have been excessive given the amount of cash remaining. Expect a dip back towards the 50 cent mark on announcement of a new below market dilutive financing in the near future.

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Member Avatar CarlosDK (< 20) Submitted: 9/26/2013 6:52:50 AM : Outperform Start Price: $0.87 BGMD Score: +38.35

BravoBevo

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Member Avatar phatchips767 (< 20) Submitted: 9/8/2011 2:52:47 PM : Outperform Start Price: $4.26 BGMD Score: -125.96

cecamadocv1 liked it.

Results 1 - 5 of 5

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