From my post on the IV board (source theflyonthewall)-
Piper Jaffray says Novadaq not granted motion to dismiss Lifecell's complaint concerning employee solicitation. Lifecell directed to pursue arbitration. Piper Jaffray indicates this squabble will have little effect on Novadaq's sales numbers and rates its stock Overweight.
Anyone have thoughts on why NVDQ is being beaten down again right before Tuesday's earnings release? Does someone know something we don't?
My thoughts are that the Lifecell situation is overall going to be a net positive, at least in the intermediate to long term. So I'm treating yesterday and today's drop as another buying opportunity - just picked up another 900 shares.