I've added a lot of shares. Nothing has fundamentally changed in the last couple weeks. There's a great, unique product, a massive Chinese market, the entire wearable space and ultimately, FDA approval. I'm hopeful that we'll hear some news this week, but if not, I'm still in. Even if they are delisted, which I doubt, not a huge deal. They have MTIA backing and will likely be selling the product in China in Q1 2017. Good luck!
I agree. You may wake up one morning and see the news that they've partnered with Fitbit or another company. Then you would never see it lower than $10 again. I don't want to miss that, so no trading for me, just accumulating.
This sounds like a risky move. Sure, there's plenty of risk here, but we're on the verge of starting the China studies and we could hear about a significant partnership in the wearable space at any time. I would hate to miss a move on that and there's no telling when that could come.
Yes, it's true that it's being reported. So unless Platinum is unloading a large block of their shares during the raid, of what significance is this news? Either the technology works and will be a blockbuster or it won't.