Both are reputable firms and both upgrade within a week or two of each other to $ 3 price target, a double from this level or 100% return and both said FDA panel will approve.
So which other hedge fund is trying to told up and hired PR firm with employee penny_dreaddful to spread doubt and shake trees. Stock is very illiquid so a 3 million share order on the buy means a $ 3 per share stock price.
Fact penny_dreaddful is still here means hedge fund is still buying. Must be a large order
The Canaccord upgrade isn''t an upgrade - I have it in front of me and it says in bold print "reiterate". Don't forget they, too, see no to miniscule sales (maybe one or two thousand units/yr) at best until insurance coverage is found.
As Canaccord has been trying to move this stock for its own profit, it's 'buy' ratings are too compromised to accept as an objective recommendation.
And then Bruce Jackson came to Lake Street (not some indisputably reputable and authoritative firm, by the way) came from Abbott Labs of the TAP sales scandals fame. Doesn't mean he's necessarily playing fast and loose with sales and their projections here -- but it'd be a lot less uncomfortable if hadn't come from Abbott.
The have raised the price target to $3.00 and rated it a buy. It is still very early in the game. If you knew as much as you blab, you would know that and you think WE don't know that?? You make yourself look silly at your own expense. Insurance reimbursement will come in time, right now wouldn't make sense as there is no FDA approval yet???? How dumb your statements are!
insurance coverage is not far away. ACA means all of those fast food fatties will suddenly be able to medically care for themselves. We presently see only 1% of obese population seeking interventional surgery, with ACA that will change, and this procedure WILL be covered, just as LapBand, Roux enY, and other interventionals are now.
Safety profile is better than all existing treatments.
Sentiment: Strong Buy
Answer me one question:
Do you feel doing SATANIC work for money trying to instill fear into people by pretending you are concerned for them meanwhile you work for hedge fund who is loading up and deceiving people?
Are you not afraid of the consequences for your soul? Or do you believe you are immortal and will not die one day to face judgement for your lies, manipulation and distortion.
There has to be better jobs out there which will do good for your soul, like charity.