No offense given the non liquidity of the stock if you have just one or two large buyers its going to drive the stock price higher. Most stocks don't act this way after a reverse split that is the are ranged bound for a significant time frame. Maybe NYC is telling us something.........!!!!!!!!!!!!!!!!!!!
iCAD has been woefully undervalued over the past several years. The CAD market was nearing full penetration and it seemed a lot of investors lost faith in the future potential of the company, especially given all the red ink. Leadership made wise investments in the Xoft acquistion and their new suite of detection solutions and, when coupled with their disciplined financial management, it looks like the investments are going to finally pay off. The favorable CMS decision for IORT and increased awareness/adoption of all of their solutions is going to propel the Company toward profitability soon and I think people are becoming aware of iCAD's potential.
To be fair the fiscal responsibility is a relatively recent development born out of necessity. The fact that they were able to make the cuts they did is a testament to the people that remain, but shows a lack of discipline on the part of management.
In response to the original post, IORT is going to be huge, and people outside of health care are starting to hear about it.