Cardium Therapeutics (CXM)
Cardium Therapeutics 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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CXM News
$CXM Small Biotech Companies Look to Benefit From Improvement of U.S. Patent System http://stks.co/3yJh
about 4 days ago by OTCShowcase
about 4 days ago by OTCShowcase
Cardium Therapeutics (CXM) Enters Excellagen Agreement with Angel Biomedical
May 15, 9:09AM Street Insider
May 15, 9:09AM Street Insider
Cardium Presents First Quarter 2012 Financial Results and Recent Developments
May 15, 9:00AM PR Newswire
May 15, 9:00AM PR Newswire
$CXM Growing Footprint in Health Sciences and Regenerative Medicine Space http://stks.co/3nJI
about 17 days ago by MissionIR
about 17 days ago by MissionIR
Small Biotech Companies Look to Benefit From Improvement of U.S. Patent System
May 11, 8:20AM Marketwire
May 11, 8:20AM Marketwire
Cardium Exhibiting Its New FDA-Cleared Excellagen® At The 2012 Spring Symposium Of Advanced Wound Care
Apr 19, 6:43PM PR Newswire
Apr 19, 6:43PM PR Newswire
Smith Medical Partners Announces Logistics Agreement for Cardium's National Distribution of Excellagen™
Apr 02, 8:00AM PR Newswire
Apr 02, 8:00AM PR Newswire
Cardium Presents Fourth Quarter and Year-End 2011 Financial Results and Recent Developments
Mar 30, 9:15AM PR Newswire
Mar 30, 9:15AM PR Newswire
FAST Act to Modernize Approval Process -- Cardium and BioSante Poised to Benefit
Mar 19, 8:20AM Marketwire
Mar 19, 8:20AM Marketwire
Cardium Presents New Generx Findings at 2012 Annual Gene and Cell Therapy Forum
Jan 30, 9:00AM PR Newswire
Jan 30, 9:00AM PR Newswire
Biotechnology Industry on the Upswing - BioSante and Cardium Therapeutics Look to Rally
Jan 17, 8:20AM Marketwire
Jan 17, 8:20AM Marketwire
Cardium Reports on Renewed Compliance With NYSE Amex Exchange Listing Guidelines
Jan 03, 9:01AM Benzinga
Jan 03, 9:01AM Benzinga
Cardium Therapeutics (CXM) Enters Into Cross-Strategic Equity Investment Partnership with SourceOne Global Partners
Dec 21, 9:23AM Street Insider
Dec 21, 9:23AM Street Insider
$CXM heavy premarket volume, potential FDA approval would be nice way to finish year
about 517 days ago by CaptainOyama
about 517 days ago by CaptainOyama
$SPY trending higher. Check out $CXM FDA approval coming 12/31 this stock trades at .48 will go to $2 or more on approval.
about 522 days ago by scottheggs
about 522 days ago by scottheggs
What to look forward to June 2010 for investors? $CXM, $HNAB, $DCTH, $QCOR http://goo.gl/fb/GuP5p #europecrisis
about 728 days ago by comparebroker
about 728 days ago by comparebroker
$CXM filled the gap.support at .58. first target .87, next stop 1.03. hope to see u all there.
about 766 days ago by StockTA888
about 766 days ago by StockTA888
but will consider buying in the .40s in $CXM, if it gets back down there.
about 768 days ago by LitheLyricist
about 768 days ago by LitheLyricist
buying programs chewing through offers in $CXM. A big offer is left at .55. Risk/reward not good enough to pay .55, probably
about 768 days ago by LitheLyricist
about 768 days ago by LitheLyricist
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CXM | 0.2375 | -0.00 | -0.25% | 28.41M |
| CXH | 10.60 | +0.00 | +0.00% | |
| CXDC | 4.93 | -0.05 | -1.00% | 234.32M |
| CXA | 24.42 | +0.02 | +0.08% | |
| CX | 5.47 | +0.00 | +0.00% | 5.797B |
| CWTR | 0.84 | +0.02 | +2.44% | 102.15M |
| CVS | 44.98 | -0.19 | -0.42% | 58.77B |
| CVRT | 21.71 | +0.00 | +0.00% | |
| CVR | 18.70 | -0.07 | -0.37% | 18.14M |
| CVO | 1.72 | +0.02 | +1.18% | 109.10M |
