'The lower level of anticipated sales to Stryker in 2008 is clearly disappointing but we, as does Stryker, remain confident that the potential for Cormet in the world's largest orthopaedic market is substantial.'

This was 600p at one stage, started falling and then after the above statement. I recall that a broker downgraded target price to 300p.

Cheap at 160p?

so was Foinavon - lol!
not in the mood for buying, though at least PHTM has an acceptable spread.
no news to give a clue as to surge, but of course very small cap so always a hostage to any volume

Its a funny stock but in the past its 10 bagged in 12 months its that kind of stock..

Corin on the otherhand is overvalued.

Investors Chronic has told readers to Sell this Friday .

how much is a Friday fetching nowadays?

Less than Thursday.

Any ideas how low this will go..

thinking of shorting it then?

No position here cynic its a hard one to value as you know.

not worth the effort

I agree.

Down 10% to 45p today not worth the bother.. yet.