Wednesday, October 18, 2006

CVTX on the rise

This has been an amazing ride for CVTX in the last few months. The stocks gone down to 9.45 after bad news about Ranexa, but now the stocks climbed back up to 14 without much news. The earnings are supposed to be released on October 31, 2006, with probably some information about Ranexa sales. It's been about a 50% return since the 52 week low, and no ideas if this from a short squeeze, institution accumulation, or insider buying.

http://finance.yahoo.com/charts#symbol=CVTX;range=1y

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