Ceasing coverage: Nanosonics, GI Dynamics and Universal Biosensors

We are ceasing coverage on the three medical device companies. There are better opportunities elsewhere.

We are ceasing coverage today on three biotech stocks, as a result of the departure of an analyst.

The stocks are: GI Dynamics, Universal Bionsensors and Nanosonics. All of these are non-profitable companies on which we don’t have a clear enough understanding of their pathway to profits.


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