Verenium Corp (NASDAQ:VRNM) Top Loser

By George Zabel
November 02, 2009 1:58 PM

Symbols: VRNM

Posted in: Options, Markets, Analyst Ratings, Movers

Verenium Corp (VRNM)is looking bear ugly at $3.78 and is in sure fire down move which can only lead lower, Verenium is a lose-lose scenario no matter what the rest of market will do.

Stocks like Verenium can still be used in a number of bearish strategies, looking to implement Put strategies on any rebounds. Verenium is doomed to drop even more, maybe under $1 in the near to medium term.

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Verenium Corp (NASDAQ:VRNM) Top Loser

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