THORATEC CORP (NASDAQ:THOR), Up By 6.85% ($2.28) From $33.300 After BUYINS.NET Report Predicted Stock Would Go Up Due To Bullis
May 19, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Tuesday, May 10th 2011 stating that THORATEC CORP (NASDAQ:THOR) was expected to go Up due to the Bullish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=thor&id=165556
At the time this story was written, THORATEC CORP (NASDAQ:THOR) is Up By $2.28 (6.85%) since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following specific fundamental or technical events may follow a predictable pattern. Many companies stock price histories show random or unpredictable movements around certain events. But some seem to repeat the same pattern quarter after quarter, year after year. We use powerful computers to uncover those events and correlations to generate predictions with high probabilities of generating very specific returns within very specific time periods.
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THORATEC CORP (NASDAQ:THOR) - Thoratec Corporation develops, manufactures, and markets proprietary medical devices used for circulatory support. It operates in two divisions, Cardiovascular and International Technidyne Corporation (ITC). Cardiovascular division offers medical devices used for mechanical circulatory support (MCS). Its products include HeartMate II, an implantable left ventricular assist device consisting of a miniature rotary blood pump to provide intermediate and long-term MCS; HeartMate XVE, an implantable device for intermediate and long-term MCS; and Paracorporeal Ventricular Assist Device, an external device approved for bridge-to-transplantation and post-cardiotomy myocardial recovery to provide left, right, and biventricular MCS. This division also offers Implantable Ventricular Assist Device, an implantable device, which provides left, right, and biventricular MCS; CentriMag that provides 6 hours support for patients requiring short-term extracorporeal circulatory support during cardiac surgery, as well as used as a right ventricular assist device for 30 days for patients in cardiogenic shock due to acute right ventricular failure; and Vectra Vascular Access Graft, which is used as a shunt between an artery and a vein. ITC division offers point-of-care diagnostic test systems that monitor blood coagulation, as well as monitor blood gas/electrolytes, oxygenation, and chemistry status. This segment also provides incision products to obtain a patients blood sample for diagnostic testing and screening for platelet function. It offers its products to hospital point-of-care market; and the alternate site point-of-care market comprising physicians offices, long-term care facilities, clinics, visiting nurse associations, and home healthcare companies. Thoratec Corporation markets its products through direct sales force and distributors in the United States and internationally. The company was founded in 1976 and is headquartered in Pleasanton, California.
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