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SIGA Technologies Inc. Message Board

  • drod4ball drod4ball Apr 24, 2014 12:02 PM Flag

    golong,

    When do you suppose this mdwd freefall is going to stop? When's a good time to avg down?

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    • Drod...Never seen anything like it frankly...not in a long time. MDWD is the real deal. Their product peals off the dead burned skin in severly burned patients without damaging the good skin underneath, in around 4 hours, verus 4-6 days. Allows the healing process to commence right away and scarring is dratically reduced because of that. The entire management came from Teva where they headed major departments there.
      They are also in development of a healing compound for critical open wounds such as caused by diabetes, etc. which may in fact be available in the US by 2017. That market is a billion plus per year.

      Problem is that MDWD is still years away from FDA approvals here in the US. They have European approval for their first product which should be in the 250-400 million a year revenue area once established.

      Shorts and IPO sellers are killing the stock. Has to end sometime. Would not want to see it break below it's old low of $10.08...If it holds that area I think that would be the bottom. At least I surely hope so!

 
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