BGU - ONVO 10/22/13
Organovo Holdings (ONVO), creator and manufacturer of functional, three-dimensional human tissues for medical research and therapeutic applications, is looking to gap up on news that it retained key liver functions in bioprinted tissues for up to 40 days, longer than one month.
ONVO also demonstrated that its 3D Liver tissue can potentially have value in assessing toxicology problems in human liver over a long period, including sub-acute and multiple dose effects.
We reported on ONVO's pocket pivot as well as its prior gap up. Friday's reversal action may have led you to sell part of your position, which is understandable. It is important to stay nimble and flexible when trading stocks, especially with the volatile ones.
We own a position in ONVO.
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