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EnteroMedics Inc. Message Board

  • fiedlermatthew fiedlermatthew Sep 15, 2013 8:41 AM Flag

    realistic goal

    I am some what new to ETRM but have done some research on this company and stock and think it is somewhat headed in the right direction... I was lucky enough to be on the ride for ARNA last year and took my profit from that and stuck it in ETRM at around $1.00 and am pretty pleased so far... I don't think this is going to go up to $3.00 any time soon but might approach something like $2.25 before any FDA approval. Not sure if it will get approved but usually the run up before hand can be pretty nice (just depends if you want to gamble and stick around to see the decision).... Anyway, just curious to get some thoughts on any realistic PPS gueses from people that have been longer ETRM

    thanks and GL

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    • I have only been here a few months but what I expect is:

      If FDA approves device then we see the high from last year (when everyone expected it to knock a grand-slam phase 3). Now however it only knocked a homerun...

      Priot to FDA decision/Adcomm meeting the price realistically should see $2-3/share and maybe more depending on catalysts between now and then...

      They just had financing done and I would not expect any dilution which should help the share price elevate too!

      Stay tuned....

      IMO

      SM

    • I say you are very close target there at $2.25. I see strong buying blocks ending for today. My take on this will be $2.16 but hey I will take $2.25 before FDA approval.

      Sentiment: Strong Buy

    • Fiedler: Your analysis is as good as anyone's. The market can be very irrational, both good and bad, regarding small medical companies. GNVC is a good example.

 
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