Quote:
Originally Posted by lewdog
Ok. Why March?
I’m breaking my rules for this. No stop loss and will hold awhile to see spike before selling.
If it doesn’t spike, you owe me!
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Hype on this stock is surrounded by the release of their TRUFORMA diagnostics which will hit the shelves of veterinary clinics March 30th.
Protected by approximately 70 issued and pending patents, the TRUFORMA diagnostic platform uses Bulk Acoustic Wave (“BAW”) technology, developed by Qorvo to provide a non-optical and fluorescence-free detection system for use at the point-of-care
Basically a vet can diagnosis cancer and certain other conditions right there at the office visit within 15 minutes.
Talking heads predict $5-$6 but it's pure speculation. They have more products in the pipeline but most expect the price to mature before release of TRUFORMA. That's why I'm valuing the time frame more than the PT.