I just had to have a Colonoscopy that included the disgusting prep for the prior day, starving myself, and the inconvenient, expensive, risky procedure. I am a retired medical device executive and Exact Science's molecular screening technology is looking at a huge market of at least $3 billion when it clears the FDA early next year! People like me that have to have a colonoscopy every 5 years will probably use their test kit every 2 years for extra safety. Also, those that evade colonoscopies will now be happy to get tested. I am biotech venture capitalist, and using a DCF earnings model this stock has a current intrinsic value of ~$30 and should be over $70 in several years, IMHO.
Senior they are also working on other digestive tract cancers ... it is believed that pancreatic cancer takes years to turn deadly if this can be detected early through sDNA we have another winner on top of irritable bowel disease application ... i believe this runs to $20 by q1 2014
Ummm, wake up doofas, it was all just a bad dream...NOT! And guess again, even AFTER our test comes out you are STILL going to have to have a visit with the big black snake before age 50 or sooner if you know what's good for you....ENJOY!!!