Cardiome Pharma Corporation (CRME)
Cardiome Pharma Corporation Beneish M-Score
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About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
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CRME News
This company is amazing! A brick is more creative, eloquent and energetic than this $CRME management.
about 10 days ago by OysterX
about 10 days ago by OysterX
Very Interesting One : $CRME ( 0.70 ) This One Will Head Back Over a Buck ! Add On Your Watchlist And Keep An Eye On It ...
about 58 days ago by WallStreetBeats
about 58 days ago by WallStreetBeats
@PIER $CRME I have a feeling it may take a while. could test new lows, though the market hasn't helped.. but its a good buy here
about 60 days ago by peoples
about 60 days ago by peoples
$CRME With Merck calling it quits, is there a possibility that another big player might swoop in? Just wondering.
about 66 days ago by MarketBuy
about 66 days ago by MarketBuy
$CRME Long at .785. Let's go. Merck pullout just a minor setback. PPS is lower than book or cash per share! Easy long!
about 66 days ago by MarketBuy
about 66 days ago by MarketBuy
$CRME they have the cash on hand and it is equal or even more than share price.. its an easy buy
about 68 days ago by peoples
about 68 days ago by peoples
$CRME master at catching a falling knife... and it is not yet... but coming
about 70 days ago by peoples
about 70 days ago by peoples
$CRME I'll let you guys know when to buy.. it is starting to look interesting... sorry for those who thought they are getting in right
about 70 days ago by peoples
about 70 days ago by peoples
Oppenheimer Downgrades Cardiome Pharmaoration from Outperform to Perform, Removes PT from $ to $
Mar 19, 2:25PM Benzinga
Mar 19, 2:25PM Benzinga
$CRME Funny, this morning's plungle probably caused a few heart attacks. Ironic? A little.
about 70 days ago by MarketBuy
about 70 days ago by MarketBuy
Cardiome Announces Positive Phase 1 PK/PD Trial Results for Vernakalant Oral
Nov 03, 5:09PM GlobeNewswire
Nov 03, 5:09PM GlobeNewswire
Cardiome should benefit from significant vernakalant progress, says Oppenheimer
Sep 12, 7:28AM FlyOnTheWall
Sep 12, 7:28AM FlyOnTheWall
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CRME | 0.44 | +0.01 | +2.33% | 26.90M |
| CRMD | 0.27 | -0.01 | -3.50% | 3.081M |
| CRM | 147.00 | +0.79 | +0.54% | 20.14B |
| CRL | 33.56 | +0.21 | +0.63% | 1.641B |
| CPA | 83.85 | +0.62 | +0.74% | 3.713B |
| CP | 74.95 | -0.57 | -0.75% | 12.81B |
| COY | 7.40 | -0.04 | -0.54% | |
| COWN | 2.39 | +0.00 | +0.00% | |
| COVR | 1.54 | +0.00 | +0.00% | 39.42M |
| COV | 53.32 | -0.14 | -0.26% | 25.77B |
