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Metropolitan Health Networks Inc. Message Board

cuthbertcookie 3 posts  |  Last Activity: Jun 26, 2014 9:08 PM Member since: Feb 1, 2011
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    EDAP may be a medical equipment company

    by cuthbertcookie Jun 26, 2014 9:01 PM
    cuthbertcookie cuthbertcookie Jun 26, 2014 9:08 PM Flag

    This company in short order should have a cap of at least $500 million; that's $17 per share diluted. I don't understand why it isn't at least halfway to it right now.

  • but it greatly resembles a drug company in that they not only supply expensive equipment but are now furnishing a kit which must be used for each treatment using that equipment. The kit costs 900 euro, that's about $1250. The profit on these kits has been said to be substantial so we can assume it must be at least $500. If they were to have, say. 20,000 treatments per quarter that would be a profit of $10 million. We are looking at a gold mine here.

  • cuthbertcookie by cuthbertcookie Jun 24, 2014 12:30 PM Flag

    Who in his right mind would sell at this point? The MM and others are trying to make it look like there is heavy selling but who would believe it? EDAP should have very good earnings this quarter after the French gov't approval. With everything else on a roll, there's no selling here.

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