Sep 28, 2005 (financialwire.net via COMTEX) --
September
28, 2005 (FinancialWire) MIV Therapeutics (OTCBB: MIVT) gained 26.13%
on volume of 682,160, slightly higher than its usual 624,059, to close
at $1.40.
MIV Therapeutics is covered by Investrend Research
affiliate Beacon Equity Research analyst Shailesh Dhuri, who on April
6, 2005, rated the company "Outperform," with a Target of $1.53. The
company was previously covered by Investrend Research affiliate SISM
Research's analyst, Ernest C. Schlotter. On February 15, 2005 Schlotter
reinforced his coverage with a Speculative Buy/4 rating with a 12-month
price target of $1.50, which was reiterated June 29, 2005. SISM
Research is also distributed by the Investrend Research Syndicate.
Beacon Equity Research, SISM Research and Investrend Research all
subscribe to the "Standards for Independent Research Providers" at
http://www.firstresearchconsortium.com, and adhere to the Guidelines
for independent providers jointly endorsed by the National Investor
Relations Institute (http://www.niri.org) and the CFA Institute
(http://www.cfainstitute.org)
According to the New York Times
(NYSE: NYT), a survey by Charles Schwab & Co. reveals an
astonishing 78 percent of active stockholders now "value research from
independent firms over analysis by Wall Street firms with financial
ties to the companies they are rating." A survey at Investopedia
reveals that 74.7% of investors say that "legitimate fee-based research
is objective and useful," and 70.9% say that a company that enrolls for
"legitimate fee-based research is making a positive statement about its
investment potential."
The fee for SISM coverage is $1,750 per
month, and the fees are paid by the company to SISM. There are never
any fees associated with FinancialWire, which independently covers a
wide range of corporate news, including but not limited to those that
are or have been enrolled in Investrend's platforms. The fee for Beacon
Equity Research coverage is $18,000 for a year, and was paid by the
company.
Complete information about any company enrolled in an
Investrend Research affiliate platform, including disclosures and
disclaimers, is available at the company's InvestorPower page at
http://www.investrend.com/company/list.asp?sPathParam=yes , and on each
report and press release, and investors are advised to read those
disclosures carefully before trading in the equities of any enrolled
company.
For up-to-the-minute news, features and links click on http://www.financialwire.net
FinancialWire
is an independent, proprietary news service of Investrend Information,
a division of Investrend Communications, Inc. It is not a press release
service and receives no compensation for its news or opinions. Other
divisions of Investrend, however, provide shareholder empowerment
platforms such as forums, independent research and webcasting. For more
information or to receive the FirstAlert daily summary of news,
commentary, research reports, webcasts, events and conference calls,
click on http://www.investrend.com/contact.asp
For a free annual report on a company mentioned in the news, please click on http://investrend.ar.wilink.com/?level=279
The
FinancialWire NewsFeed is now available in multiple formats to your
site or desktop, free. Click on:
http://www.investrend.com/XmlFeeds?level=268
http://www.financialwire.net
(C) 2005 financialwire.net, Inc. All rights reserved.