52-Week Low Club (June 8, 2007)

Stock Tickers: AZN, BCRX, EHTH, CTIC, HW, NRMX, SBUX, WFMI, DUK

It’s no secret we had the makings of a crummy week, but the market managed to turn itself back around after a fairly week open.  Regardles of a bull market or any market, there are still stocks hitting 52-week lows:

AstraZeneca (AZN) ADR’s put in lows, two days after the CFO left to join Goldman Sachs.

BioCryst (BCRX) stays weak, apparently the near-term bounce turned back into a pounce.

Cell Therapeutics (CTIC) managed to keep its post-ASCO slide going.

eHealth, Inc (EHTH) put in the lowest close since its October IPO.

Headwaters (HW) just keeps slipping and looks uglier daily, and has been oin a crash course for about 6 weeks..

Neurochem (NRMX) closed down another 10% after the poor drug outlook yesterday.

Starbucks (SBUX) and Whole Foods (WFMI) were in the 52-week low gutter club earlier but got bailed out by the market offer. Duke Energy (DUK) also rode most of the day on new adjusted lows before an end of day recovery, although these might not be ultimate 52-week lows on an adjusted basis.

Jon C. Ogg
June 8, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.