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  • jerrywang99 jerrywang99 May 27, 2010 3:41 PM Flag

    Drad shoot up to 4 dollars

    i don't think managment is to blame for the state of the business. Reimbursement got cut drastically and it's not easy to run any business under those circumstances. to their credit, they were able to work behind the scenes to get a redo on the reimburesment and came away with a 16% increase retroactive to Jan 1. if they can actually pull off a cash flow positive result in the back half of the year, the stock will go up at least 50%.

    (can't comment on $4, although it wouldn't surprise me to see a takeout given the absurd 10M enterprise value and leading edge technology).

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