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ARYX THERAPEUTICS I (ARYX) [hlAlert]

Rating:
Buy ARYX
down 99.90 %

ARYX THERAPEUTICS I (ARYX) rated Buy with price target $8 by Wedbush Morgan

Posted on: Thursday,  Jul 2, 2009  9:37 AM ET by Wedbush Morgan

Wedbush Morgan rated Buy ARYX THERAPEUTICS I (OTCBB: ARYX) on 07/02/2009. Previously Wedbush Morgan rated Buy ARYX THERAPEUTICS I (OTCBB: ARYX) on
04/14/2009., when the stock price was $3.30. Since then, ARYX THERAPEUTICS I has lost 99.91% as of 08/27/2015's recent price of $0.00.
If you would have followed the previous Wedbush Morgan's recommendation on ARYX, you would have lost 99.9% of your investment in 2326 days.

ARYx Therapeutics is a biopharmaceutical company focused on developing a portfolio of internally discovered product candidates designed to eliminate known safety issues associated with well-established, commercially successful drugs. ARYx uses its RetroMetabolic Drug Design(TM) technology to design structurally unique molecules that retain the efficacy of these original drugs but are metabolized through a potentially safer pathway to avoid specific adverse side effects associated with these compounds. ARYx currently has three products in Phase 2 clinical trials: ATI-7505 for the treatment of various gastrointestinal disorders, ATI-5923 for the treatment of patients at risk for the formation of dangerous blood clots, and ATI-2042 for the treatment of atrial fibrillation.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/2/2009 9:25 AM Buy
None
4.62 8.00
as of 12/31/2009
1 Week down  -86.69 %
1 Month down  -85.14 %
3 Months down  -88.17 %
1 YTD down  -91.99 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/2/2009 9:25 AM Buy
None
4.62 8.00
4/14/2009 8:25 AM Buy
None
3.30 7.50

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