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Guided Therapeutics, Inc Message Board

  • cytomotw cytomotw Jul 18, 2013 6:47 AM Flag

    GTHP Continues to Await FDA

    The technology seems to be amazing but sales continue to be non-existant in countries where it is being marketed. Is the world's system inexorably tied to the FDA? This stock should be over $1 on the tech alone. GLTA

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    • I agree. The reality is very different. GTHP is dead money until it gets FDA approval. The secondary a couple months ago really hurt the stock. However, the main issue is that we continue to wait for the FDA. FDA is about 2 months late but the technology is impressive. Already approved in Canada and Europe. Company should be at break even (cash flow) late this year. As a result, I do not expect additional dilution. Insiders got warrants and can buy at 68 cents where we have support. Ton of sellers above 70 cents not sure why. I think the risk/reward favor longs. However, be warned.... until FDA you are looking at dead money. The problem is FDA can be tomorrow or 12 months from now.

 
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