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Digirad tumbles on class-action investigation

Dec. 23, 2015 3:19 PM ETStar Equity Holdings, Inc. (STRR) StockBy: Stephen Alpher, SA News Editor2 Comments
  • What looks like a fairly typical hunting expedition by a class-action law firm is enough to send thinly-traded Digirad (DRAD -10.1%) sharply lower.
  • A prescient bull on the stock, Seeking Alpha contributor Dane Capital Management isn't concerned, and sees the selloff as a buying opportunity. Even better, there's a positive catalyst looming as management hopes to close its "highly accretive" DMS Health acquisition prior to year-end. With a week to go, Dane is confident management will deliver.
  • Previously: Digirad acquisition excites a bull (Oct. 14)

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