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Essa Pharma Inc (EPIX) [hlAlert]

Rating:
Hold EPIX
down 91.66 %

Epix Pharmaceuticals, Inc. (EPIX) downgraded to Hold by Maxim Group

Posted on: Thursday,  Nov 6, 2008  12:25 PM ET by Maxim Group

Maxim Group rated Hold Essa Pharma Inc (NASDAQ: EPIX) on 11/06/2008. Previously Maxim Group rated Buy Essa Pharma Inc (NASDAQ: EPIX) on
06/28/2007., when the stock price was $5.40. Since then, Essa Pharma Inc has lost 91.67% as of 11/06/2008's recent price of $0.45.
If you would have followed the previous Maxim Group's recommendation on EPIX, you would have lost 91.66% of your investment in 497 days.

EPIX Pharmaceuticals, Inc., based in Cambridge, MA, discovers and develops innovative pharmaceuticals for imaging that are designed to transform the diagnosis, treatment and monitoring of disease. They use their proprietary Target Visualization Technology to create imaging pharmaceuticals targeted at the molecular level, enabling physicians to use Magnetic Resonance Imaging to obtain detailed information about specific disease processes. The Company's lead product, MS-325, is the first imaging pharmaceutical specifically designed for Magnetic Resonance Angiography.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/6/2008 12:25 PM Hold
None
0.45
as of 12/24/2008
1 Week   
1 Month down  -22.72 %
3 Months down  -110.02 %
1 YTD down  -66.99 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/28/2007 11:25 AM Buy
None
5.40 10.00

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