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Verichip Corporation (CHIP) [hlAlert]

Rating:
Buy CHIP
up 7.54 %

Verichip Corporation (CHIP) rated Buy by Merriman Curhan Ford

Posted on: Tuesday,  Jul 1, 2008  8:25 AM ET by Merriman Curhan Ford

Merriman Curhan Ford rated Buy Verichip Corporation (NASDAQ: CHIP) on 07/01/2008, when the stock price was $1.59. Since
then, Verichip Corporation has gained 7.55% as of 11/10/2009's recent price of $1.71.
If you would have followed this Merriman Curhan Ford's recommendation on CHIP, you would have gained 7.54% of your investment in 497 days.

PositiveID Corporation, formerly VeriChip Corporation, is engaged in development, marketing, and sale of radio frequency identification (RFID) systems used for the identification and protection of people in the healthcare market. On November 14, 2008, the Company acquired Digital Angel. In March 2009, the Company established a subsidiary, VeriGreen Energy Corporation, to focus and invest in the clean and alternative energy sector. In November 2009, the Company completed its acquisition of Steel Vault Corp.

We occupy a unique niche among our investment banking peers: we offer our clients both traditional sell-side equity research and primary market research, and we focus on high-potential sectors such as CleanTech, Consumer/Internet/Media, Health Care and Tech/Telecom. Our institutional and corporate clients get the best of both worlds: expertise from our analysts and access to experts through our Panel Intelligence platform.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/1/2008 8:25 AM Buy
None
1.59
as of 12/24/2008
1 Week up  4.25 %
1 Month up  22.50 %
3 Months up  2.08 %
1 YTD up  32.43 %

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