Researching this stock and looking for a reason to buy. I am sitting on the fence. I can not find a compelling reason to take me to one side or the other. Anyone have any educated and serious insights that they would be willing to share?
Too late. I went ahead and bought a couple of thousand shares. I recognize that I will be holding it for awhile. It meets my need for greater diverification in my portfolio. On a positive note, Schwab shows a equity ranking of 3. This is rather high. Although I only ocassionally buy per their recommendation, I must say that I have never ever lost money on anything that they have rated a 5 or lower.
I'd still sit on the fence a bit longer. Watch it closely though. There's been some speculation recently however further evidence should be apparent shortly. BTW you guys should look at CVBT for a stock with multi bagger potential. They're in Phase II for treating no option heart patients. It one of the biggest unmet needs in medicine. I loaded up below 20.