Gentium SpA (NASDAQ:GENT), Down By 7.53% ($0.79) From $10.490 After BUYINS.NET Report Predicted Stock Would Go Down Due To Bear
October 8, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Friday, October 5th 2012 stating that Gentium SpA (NASDAQ:GENT) 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=gent&id=317602
At the time this story was written, Gentium SpA (NASDAQ:GENT) is Down By $0.79 (7.53%) 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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Gentium SpA (NASDAQ:GENT) - Gentium S.p.A., a biopharmaceutical company, focuses on the development and manufacture of drugs to treat and prevent various diseases and conditions, including vascular diseases related to cancer and cancer treatments. It develops and manufactures defibrotide, a drug based on single-stranded DNA extracted from pig intestines to treat and prevent hepatic veno-occlusive disease (VOD), a condition in which some of the veins in the liver are blocked as a result of cancer treatments, such as chemotherapy or radiation treatments that are given prior to stem cell transplantation. The company has completed a Phase III clinical trial of defibrotide for the treatment of severe VOD in the United States, Canada, and Israel; and a Phase II/III pediatric trial in Europe for the prevention of VOD in children. It also offers sulglicotide that is developed from swine duodenum, and has ulcer healing and gastrointestinal protective properties in South Korea; and urokinase, which is made from human urine to treat various vascular disorders, such as deep vein thrombosis and pulmonary embolisms. The company was formerly known as Pharma Research S.r.L. and changed its name to Gentium S.p.A. in July 2001. Gentium S.p.A. was founded in 1993 and is headquartered in Villa Guardia, Italy..
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