Make that today 11-07-13. Again, I like Jim's energy. Good update on filing and details on Yttrium-90 and how it works. Jim also touched on outsourcing for additional revenue. Listen for yourself, again it's good to hear Jim's optimism about the progress AMIC is making to generate revenue. MDLAND~
He is enthusiastic, I'll give you that. I listened to it at lunch today PST. I liked the 10 patents they have already on Y90 and more on the way. I do not see any reason that the cancer fighting industries will not pick up on the use of their product quickly. Outsourcing will help get some revenue coming a lot quicker as well as give them the time to get their own production up and running. I just do not see ADMD sticking around for long with approval of RadioGel if it has good uptake by the industry. There are too many players out there that want to expand their own pipeline and acquiring ADMD early on would be a great way to do it.
Why the stock took such a significant step back today is beyond me. Maybe someone got skitish with the lack of volume and decided it was simply better to take some profit than spend too much time worrying about it. Likely a buy high sell low type that just wanted to sell on the rise. Couldn't take it anymore.
It has had a nice little bounce here on the news. Consolidate a little bit of it, just fine with me. The old sell the news trick.