Arab money getting in :-)
This company worth 4$ minimum.
The ultrasound threatment is the future for cancer cure. The market is beginning to understand I hope.
GL to everybody
I have been to Qatar and Abu Dhabi -- both are spending heavily (in the hundreds of millions) on building centers of excellence in medical research/education and care. They want the very best and will pay for it. This is a very good time for EDAP to be presenting there.
Even with the run up in the past couple of days, it is still very cheap.
Short interest was 197.000 as of 12/30 2011.
I think 30% it's too much only for a short coverage, although some shorts are quickly covering, but the move IMO should be dealt by new investors, entering and rising the price. If you observe the behavement of transactions, they do not allow the price drop (and shorts try to cover lower then higher :-)), what I see is that they are defending (yesterday 2.4 today 2.6) a base and buy higher. We will see to confirm my sentiment. If this is true, we will break 3$ for next week. Otherweise we will fall back around 2$ very quickly