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CorMedix, Inc. Message Board

  • michaeljamespolec Apr 3, 2013 4:45 PM Flag

    After the CE Mark approved...

    I just discovered this stock.
    Where do you guys think it will head after the CE Mark is approved?

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    • Welcome. I'm betting it'll trade into the $1.50-$2 range on CE Mark. If they could somehow obtain the CE Mark AND address their cash situation, then we could be off to the races since the current market cap is quite small considering the market opportunity. This could easily be a $100-200M company in a few years.

    • Who knows. I think their biggest concern may be someone seeking to buy them out. The company is cash poor but will have a pretty large market opportunity. Also, there will likely be legal issues with IP claim vs. Tauropharm (German company that sells something very similar to Neutrolin)down the road. That could be a major plus.

      The blessing here is that they FINALLY removed the old management team. Dr. Pfaffle and Friends seem to be both open and honest.

1.55+0.06(+4.09%)Dec 24 1:00 PMEST

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