Hey Guys, major breakout here today on very heavy volume!, already traded over 1.4 Million Shares and we still have over 5 hours to go!. ETRM blew right buy and broke that $2.24 resistance level on the charts once again on very heavy volume!, this is as bullish! as it gets and by breaking that resistance with imminent FDA Panel news on the way and you can clearly see that this stock is heading up to much higher share price levels the closer we get to that FDA Panel Date. Great article out today saying that ETRM can double to $4.00 very soon which I think is very conservative considering the fact that we have another analyst with a $7.00 Price target which seems a lot more reasonable and realistic given the huge potential this company has in the extremely large obesity market and the very real potential for this company to make very large amounts of revenue if the FDA approves their device which I think is very likely given the great data that this device has and the exceptional safety record it has , combine this great article with pending FDA Panel Date News which could come at any moment and you can clearly and convincingly see that this stock is without a doubt going to make new 52 week highs very soon.
These share price levels are very undervalued considering the huge! potential upside that this stock has, so If you have not bought yet load the boat! because these very undervalued share price levels will be history very soon the closer and closer we get to an FDA Panel Date which I think has an excellent chance of turning out positive and when that happens guys watch out! because this stock will explode to the upside in a very big way and that's when the real fireworks start. GLTA AND A HAPPY NEW YEAR!!! ALL IMHO OF COURSE.
Short squeeze. Also the FDA date is not written in stone. This is still speculative but an attractive one. The fact that T. Rowe price bought a major position is the best news to date. They are very savvy biotech an device investors. That is why I bought.