Why Coronado Biosciences Is Poised to Keep Plunging
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, biotechnology company Coronado Biosciences has received a distressing two-star ranking.
With that in mind, let's take a closer look at Coronado and see what CAPS investors are saying about the stock right now.
Burlington, Mass. (2006)
Chairman/CEO Harlan Weisman
Trailing-12-Month Return on Capital
$44.1 million / $14.3 million
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 22% of the 23 members who have rated Coronado believe the stock will underperform the S&P 500 going forward.
Just last week, one of those Fools, All-Star zzlangerhans, showed a great deal of skepticism over Coronado's prospects:
Whipworm eggs to treat autoimmune disease might sound completely reasonable to some people, but I see it as farfetched to the border of insanity. If you wonder why high level executives and scientists would spend years pursuing a completely irrational scientific endeavor, my answer would be that I don't know but I see it happen all the time. The fact that Coronado management is confident does not make me confident. ... Topline results from the TRUST-1 phase II trial of the magic beans in ulcerative colitis are expected in the second half of 2013, so we don't have too long to wait.
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The article Why Coronado Biosciences Is Poised to Keep Plunging originally appeared on Fool.com.
Fool contributor Brian Pacampara has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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