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ITMN - A new addition to my watchlist

05/11/2010 05:35 PM by Dave Pinsen

Down 80% since the FDA nixed its pulmonary fibrosis drug Pirfenidone ( http://www.reuters.com... ). Z-score in the distress zone. Couldn't even get a bounce yesterday, when almost every stock was up. I've been wondering whether I should short this here, or wait for bulls to buy a dip first.

Also thinking of re-shorting HGSI ( http://shortscreen.com... ) which I got stopped out of Monday for a small gain (a trailing stop).

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