Two Stocks Bought
Both start with A and hopefully both end in profits. Check the charts and tell me if you see any pattern that looks good.
AVM – Advanced Magnetics Inc.
What they do: “Advanced Magnetics, Inc., incorporated in November 1981, is a developer of superparamagnetic iron oxide nanoparticles used in pharmaceutical products. The Company is dedicated to the development and commercialization of its nanoparticle technology for use in therapeutic iron compounds to treat anemia, as well as novel imaging agents to aid in the diagnosis of cardiovascular disease and cancer. The Company has two approved products: Feridex I.V. and GastroMARK, and two product candidates: ferumoxytol and Combidex.” For more info on what AVM does go here.
AVNX – Avanex Corporation
What they do: “Avanex Corporation (Avanex), incorporated in October 1997, is engaged in the design, manufacture and marketing of fiber optic-based products, known as photonic solutions. The Company’s photonic solutions are used by telecommunications system integrators and their network carrier customers. Avanex’s photonic solutions perform optical signal processing and influence systems architecture. Its photonic solutions include discrete devices, modules and sub systems with built-in optical processing algorithms.” For more info on what AVNX does go here.
