Seeing the added liquidity that ADMD has been enjoying makes me like the stock that much more. I am fully invested on the potential of radiogel. The recent drop in stock price doesnt bother me a bit, I am taking the opportunity to add more with every decline. They have submitted data to the FDA and are on the road to success. I wouldnt doubt if we see financing soon though. The good thing about that is that financing is usually followed with good news and the share price jumps higher than pre financing price. In any case long is the way to be with this company. Those that hold will be rewarded. I feel sorry for the folks that paniced and sold in high volume earlier this week.
IF the one poster is right, and ADMD landed a massive deal overseas. This is probably going to become a buyout play. Why keep giving away equity when they can sell the thing for huge profits, and the insiders will make a grip of money?
The reason for the sudden drop in price could be attributed to the announcement that the Canadien government has decided not to close Chalk River reactor and has made a commitment to fund through grants, isotope (M-99 ) production commencing in 2016 by utilizing leu production methods simliar to admd's. In a carbon copy of the US legislation passed at the turn of the year, Canada has adopted a strategy of isotope production for medical application commencing this year and is encouraging companies to come forth with like minded business plans.