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Cardica Inc (NASDAQ:CRDC), Down By 6.28% ($0.12) From $1.910 After BUYINS.NET Report Predicted Weakness After Earnings

^{Published on 2012-08-06 09:41:02 - WOPRAI}
 

August 6, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Wednesday, August 1st 2012 stating that Cardica Inc (NASDAQ:CRDC) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=crdc&id=297369

At the time this story was written, Cardica Inc (NASDAQ:CRDC) is Down By 6.28% ($0.12) From $1.910 since the BUYINS.NET report was released.

The movement of stock prices in the days and weeks leading to and following earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php

Cardica Inc (NASDAQ:CRDC) - Cardica, Inc. designs and manufactures medical devices for cardiac and other surgical procedures based on its proprietary stapling and cutting technology. It designs and manufactures its automated anastomosis product line, the C-Port Distal Anastomosis systems and PAS-Port Proximal Anastomosis system to automate the joining of blood vessels for the coronary artery bypass graft (CABG) surgery market. The company develops the C-Port Flex A Anastomosis system to enable automated anastomoses, or the joining of blood vessels, to be performed as part of minimally invasive and surgical robot-facilitated CABG procedures. In addition, Cardica is developing the Microcutter, a true multi-fire endoscopic stapling device designed to be used in a various procedures, including bariatric, thoracic, and general surgery. The company was founded in 1997 and is based in Redwood City, California.

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DISCLAIMER:

BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. Cardica Inc (NASDAQ:CRDC) has not approved the statements made in this release. Please read our report and visit our web site, http://www.buyins.net, for complete risks and disclosures.

Contact: BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net http://www.buyins.net