Stock Picks

Disclaimer: This Blog/Person is not a Registered Investment Advisor or a Broker / Dealer. Readers are advised that this website is issued solely for information purposes and does not guarantee its accuracy.

My Photo
Name:
Location: Los Angeles, California, United States

I first became interested in stocks at the age of 14 and I have been an intern for three summers at a large Investment banking firm on the West Coast. I do research on stocks all the time and I also enjoy basketball,hockey and football

Thursday, March 23, 2006

The Year of the Bildil?

Could it be that this year is the turnaround year for Nitromed(NTMD)? With their drug called Bildil which they are getting absolutely hammered on in sales, can they make a push for profitability? Their drug Bildil reduces heart failure by 43% in African Americans. I think with the replacements of the CEO and CFO, they are pumping their blood in the right direction. With NTMD looking to cut costs as a new strategy, I think this new executive staff will get the job done. Let me say this one more time, this is the year of the Bildil. Watch out for new strategic alliances with bigger drugmakers, to cut costs according to the conference call made by NTMD on Wednesday. If all else fails, Someone will pay a premium for this company who has a great product and works well with a soft heart. Currently: $8.22 Price Target: $14


Free Hit Counter