ABMD @ $17.28 (Abiomed) develops medical devices designed to assist or replace the pumping function of a failing heart. They've traded almost 5 million shares over the last two days, which is heavy for a stock that averages only 235K shares a day. We are establishing half a position here and will enter the remaining half on a pull back to the $15.50 level. Our stop loss will be set at $14.
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06-03-2008 8:30 PM