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RegMed Daily, Closing Bell, 10/17/11, a sharp volume sell-off after renewed fears

End of Day, Cause and Effect …

 

Fading hopes for an EU sovereign-debt fix turn sentiment against further gains. The big picture is the RegMed universe  … just had a marginal rally off and on … in the last 2 weeks …so investors decided to take a … deep breath and … lock some profits in … yet, again! 

Closing Bell: The NASDAQ closed Down -52.93 (-1.98%) to 2,614.92. The Dow closed DOWN -246.81 (-2.12%) to 11,397.68.

 

Who’s up … at the close and any … whys:

Neuralstem (AMEX: CUR) +$0.04 <+3.20%> to $1.29 and Tengion (TNGN) +$0.013 <+3.03%> to $0.445. 

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