ABAXIS, INC. (NASDAQ:ABAX), Down By 25.69% ($7.43) From $28.920 After BUYINS.NET Report Predicted Stock Would Go Down Due To Be
August 4, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Monday, June 6th 2011 stating that ABAXIS, INC. (NASDAQ:ABAX) was expected to go Down due to the Bearish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=abax&id=170694
At the time this story was written, ABAXIS, INC. (NASDAQ:ABAX) is Down By $7.43 (25.69%) 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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ABAXIS, INC. (NASDAQ:ABAX) - Abaxis, Inc. develops, manufactures, markets, and sells portable blood analysis systems for use in the human or veterinary patient-care setting to provide clinicians with rapid blood constituent measurements in the medical and veterinarian markets. Its products include point-of-care blood chemistry analyzer, which performs a panel of 14 tests on human patients and 13 tests on veterinary patients marketed under the Piccolo xpress and Piccolo Classic names in the human medical market, and under the VetScan VS2 and VetScan Classic names in the veterinary market. The companys products also include Reagent Discs that handle various technical steps of blood chemistry testing automatically; and VetScan HM5, VetScan HM2, VetScan HMII, and VetScan HMT hematology instruments, which offer blood count analysis for veterinary applications. In addition, its products comprise VetScan VSpro that assists in the diagnosis and evaluation of suspected bleeding disorders, toxicity/poisoning, disseminated intravascular disease, hepatic disease, and monitoring therapy, as well as progression of disease states; VetScan canine heartworm rapid test, a test for the detection of dirofilaria immitis in canine whole blood, serum, or plasma; and i-STAT 1 analyzer, a handheld instrument and associated consumables for blood gas, electrolyte, basic blood chemistry, and immunoassay testing for the animal health care market. Further, Abaxiss products consist of Orbos Discrete Lyophilization process, which allows the production of active chemical ingredient in the form of a soluble bead, as well as involves in flash-freezing a drop of liquid reagent to form a solid bead and then freeze-drying the bead to remove water. The company markets and sells its products through a direct sales force and independent distributors world wide. Abaxis, Inc. was founded in 1989 and is headquartered in Union City, California.
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