Total holdings 19,583 @ .925 avg.
European dossier amendment to add hypertension and diabetes will be announced any day now. Remember that things slow down around Easter in Europe. FDA advisory committee in the fall will like outstanding safety profile and added benefit to hypertension and diabetes. Alternative weigh loss drugs have a MUCH higher hurdle to clear than the Maestro system, a medical device.
so how low can it go? How low before you go to the bank to add-on / double down?
You are now expotential overhang.
Longs have lost money since 2008. All-time low 2/15/13 was 1.07 when I sold. Now is .83
Remember that with high frequency trading a basket of stocks is often simultaneously traded without regard to the individual merits of an individual stock. The PRIMARY goal of hedge funds and HF Trading Desks is to make trading profits, NOT pick winners or losers. An oversold condition is a buying opportunity. ETRM is a relatively young company with competent management, based in one of the geographic centers for medical devices: Minnesota.