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Wright Medical Group N.V. Message Board

  • cjcollins17 cjcollins17 Jul 16, 2013 10:03 AM Flag

    -OT- Guys NAVB is getting ready to leave.

    Hi All. OK, Last post on this promise. Just want to give you a head up.

    NAVB has an FDA approved Cancer imaging agent that is the 1st of its kind approved in 30 years. Soon to be the standard of care. They had a late start getting the sales out, but they are due to show sales numbers for a 1 month period at the beginning of August.
    GE recently gave them a loan and there does not appear to ANY share dilution in the near future.

    Now, the shorts seem to have hammered this stock after FDA approval but to me....they are stuck. This stock was had a nice run in the last few weeks....but its about to break out.

    You can still get in near $3.00 a share and let it run for a few years. Estimates are varied from $4.00 -- $9.00 but we could see a huge jump.
    Also, $3.00 October puts were running $0.45 if you wanted to enter that way.

    I'm still in WMGIZ, but got bumped out of the stock further down.

    Sentiment: Hold

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