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Enter Symbol:
 
Cardica, Inc. (CRDC) [hlAlert]

Rating:
Buy CRDC
down 95.80 %

Cardica, Inc. (CRDC) rated Buy

Posted on: Thursday,  Dec 6, 2007  9:25 AM ET by Oppenheimer

Oppenheimer rated Buy Cardica, Inc. (NASDAQ: CRDC) on 12/06/2007, when the stock price was $8.35. Since
then, Cardica, Inc. has lost 95.81% as of 09/10/2015's recent price of $0.35.
If you would have followed this Oppenheimer's recommendation on CRDC, you would have lost 95.8% of your investment in 2835 days.

Cardica, Inc. designs and manufactures proprietary automated anastomotic systems used by surgeons to perform coronary artery bypass graft surgery. In these surgery procedures, veins or arteries are used to construct alternative conduits to restore blood flow beyond narrowed or occluded portions of coronary arteries, bypassing the narrowed or occluded portion of the artery that is impairing blood flow to the heart muscle. Our first two products, the C-Port Distal Anastomosis System, and the PAS-Port Proximal Anastomosis System, provide cardiovascular surgeons with easy-to-use automated systems to perform consistent, rapid and reliable connections, or anastomoses, of the vessels, which surgeons generally view as the most critical aspect of the bypass procedure.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/6/2007 9:25 AM Buy
None
8.35 11.00
as of 8/27/2015
1 Week down  -12.50 %
1 Month down  -22.22 %
3 Months down  -12.50 %
1 YTD down  -64.28 %

(*) Stock Price at the time of the recommendation.
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