Fri, Aug 22, 2014, 12:28 PM EDT - U.S. Markets close in 3 hrs 32 mins

Recent

% | $
Quotes you view appear here for quick access.

CorMedix, Inc. Message Board

  • michaeljamespolec@gmail.com 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?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • 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.

 
CRMD
2.05+0.01(+0.49%)Aug 22 9:48 AMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.