So they now have 1.8 MM shares OS and $3 million cash
The question is not adding institutional investores as they won't look at such a tiny microcap in most cases. The question for us longs is when to start cashing out? To me the best way to figure it is to look at market cap. If you conservativly figure 20,000 tests at a Medicare reimbursement rate of $2k that is $40M in sales. So a conservative 1x sales equates to a $20 stock. Would anyone be considered greedy to hold for that kind of market cap??
At $20 I will only sell a third of my position. Then I'm comfortably able to hold the rest. I've been badly burned in the past for not doing so.
I agree this is the best story stock I've seen in probably 15 years. Talk about timing. Announcement of the huge news the day after a 1-15 rs split was just the best thing the company could have done. Remember yahoo finance now says earnings Friday. Has anyone been able to confirm? Remember Medicare pr said reimbursement levels to be announced"in the coming weeks" What could share price be at then?? 15-20 could be a reality.