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Arthrocare Corporation (ARTC) [hlAlert]

Rating:
Negative ARTC
up 190.28 %

Arthrocare Corporation (ARTC) downgraded to Negative with price target $32 by Susquehanna Financial

Posted on: Monday,  May 5, 2008  8:25 AM ET by Susquehanna Financial

Susquehanna Financial rated Negative Arthrocare Corporation (NASDAQ: ARTC) on 05/05/2008, when the stock price was $42.12. Since then, Arthrocare Corporation
has lost 65.55% of its value until Susquehanna Financial rated ARTC Neutral on 12/05/2008, when the price was $14.51.
If you would have followed this Susquehanna Financial's recommendation on ARTC, you would have gained 190.28% of your investment in 214 days.

ArthroCare Corp. is a medical device company that develops, manufactures and markets products based on its patented Coblation technology. The company's soft-tissue surgery systems consist of a controller unit and an assortment of disposable devices that are specialized for specific types of surgery. The company's strategy includes applying its patented Coblation technology to a range of soft-tissue surgical markets, including arthroscopic surgery, cosmetic surgery, nose and throat surgery, spinal surgery, neurosurgery, general surgery, and cardiology applications.

Since its inception in 1987, the Susquehanna International Group of Companies (SIG)* has grown from a trading firm on the Philadelphia Stock Exchange to one of the largest privately held financial institutions in the world. With more than 1,500 employees worldwide, SIG sits at the helm of the latest trends and developments in trading and market making, institutional sales, research, private equity, venture capital, and investment banking. SIG has offices across North America, Europe, Asia, and Australia. SIG distinguishes itself through its global market presence, capital commitment, and its grasp of trading dynamics. It excels at decision theory and implementing sophisticated pricing probability models.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/5/2008 8:25 AM Hold
None
14.51
as of 12/24/2008
1 Week up  27.08 %
1 Month down  -43.58 %
3 Months up  42.28 %
1 YTD up  30.81 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/5/2008 8:25 AM Sell
None
42.12 32.00
12/17/2007 8:25 AM Hold
None
49.65

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