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Targacept Down 76% Since Detected With EPS Syndrome

|Includes: Catalyst Inc. (CBIO)

Targacept, Inc. (NASDAQ:TRGT) closed yesterday @ $5.28.
Stockdiagnostics suspended the ranking on TRGT, November 23,2010 after the company reported 3rd quarter financials for the period ending September 30,2010. TRGT was diagnosed with the EPS SYNDROME, which is a red flag and warns extreme caution should be exercised before owning shares of companies with a Suspended ranking. Since the EPS Syndrome was detected 16 months ago, shares have declined from $22.43, down over $16 or 76%. During this same period the S&P500 index is up 20%.
click to TRGT Stockdiagnostics OPS chart
click to TRGT GFNN news story

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.