I've followed several other health market companies and the impact from FDA approvals. A first product approval can generate any where from $100 million to a few billion in market cap. I do see significant impact on ALRT. My target price is $1 at FDA approval and $5 by mid to late summer. Hope FDA approval news comes soon.
looks like they are now OTC and not OTCBB. Due to some filing. OTCBB removed several hundred companies last week. I saw it on another shareholder board about a different company. I think the filing is some annual one to otcbb.com related to market makers but I'm not sure. ALR has not been late with SEC filings, so it's shouldn't be long before they are back on otcbb. Still trading strong.
Hello Natraps. I see ALRT hitting .20 to .30 within a few weeks. But I'm holding until after FDA approval (which could be soon as well). I'm expecting 1.00 plus after FDA approval. Surprised to see someone selling yesterday.