Very impressed! Wish I would have found this gem earlier! I am a cardiac nurse and can tell you that if this thing works like it should this could be a game changer! Hope to free up some funds and initiate a position! GLTAL
I think Sunshine Heart will be acquired long before clinical trials are complete. As soon as we get some positive updates on how the trials are going I think the suitor will make their move and not wait until the trials are complete in order to acquire Sunshine at a lower price. Now when I say lower price I still think that could be 5 X today's price or more. There is no equivalent device on the market and a multi billion dollar market opportunity. I also think that the extremely low float makes Sunshine an easy acquisition target. The float also allows the stock to scream higher on the slightest bit of positive news. My hunch is Medtronic will be the suitor. It's a perfect fit and I don't think it's a coincidence that a former executive with Medtronic has recently been added to Sunshine's board of directors. The median price target out of 5 brokers is $18 and the high price target is $26 and we're currently at $6.84. All of them have strong buy or buy ratings....think they see the potential?