Last year Americans spent over 10 Billion dollars on cosmetic surgery. But NONE of that was towards the goal of removing the cellulite that abounds on their behinds. Main reason? There is no viable treatment out there - until now that is. Current clinical trials are indicating that Xiaflex is working quite well in reducing if not outright eliminating cellulite. This is a multi BILLION dollar opportunity people. No woman wants to share the view of her derier when it's covered with "cottage cheese", and they would gladly shell out a few hundred bucks for the privilege of wearing a bathing suit in public and feeling good about themselves once again.
good question. this stock needs something to jump start it. a year from now, folks who bought around these prices will look smart. the ceo paid $1mm for an open market buy late last year -- the highest insider buy in the past 10 years. good sign.