Cyberonics Inc. (CYBX) falls on negative report from Infitialis
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Cyberonics (CYBX) Bounces After Sell-Off
January 24, 2013 9:57 AM ESTAfter getting socked 8.6% Wednesday on a negative theStreetSweeper.org report, share of Cyberonics Inc. (NASDAQ: CYBX) are moving higher on word theStreetSweeper.org said it covered its short.... More
Amid Sell-Off, Sidoti Upgrades Cyberonics (CYBX) to Buy
January 23, 2013 3:08 PM ESTWith shares of Cyberonics (NASDAQ: CYBX) down over 7 percent on a negative report from short sellers, Sidoti used the opportunity to... More
Cyberonics (CYBX) Slammed as Whistleblower, Valuation Bubble Revealed
January 23, 2013 10:21 AM ESTShares of Cyberonics (NASDAQ: CYBX) came under heavy pressure Wednesday following a negative report by Infitialis posted at noted short-selling investigative blog TheStreetSweeper.org.
Infitialis, which boasts a track recover showing an average gain of 71% from the time of their past publications, called Cyberonics "out highest conviction exposé yet highlighting folly in the form of a significant valuation bubble." The firm cited "very serious allegations of unscrupulous and potentially fraudulent activity on the part of NASDAQ-listed Cyberonics."
The research firm notes the allegations have been documented in an amended complaint filed by the... More
