So go play somewhere else
This is a slam dunk? Why?
- doctors and reps have been begging for a product like this. With the current three way injection that is on the market you would have to visit the hospital three times in the span of thirty days to complete the procedure. Furthermore the product that was being injected was Rooster based whereas this is from a non animal source. It will to some degree canibalize Orthovisc however when you think about it why not pay a higher price when the injection is safer, more productive and you only need one injection.
Sit tight everybody we will be going higher
With the exception of the slight miss in EPS everything else was great. Backlog is up, new products are contributing at a heavy rate, cash is up, gross profit margin percent is up, etc.........
Looks to me the shorts got a hold of this and tore it down. Looks like a double bottom.
almost a 4% yield. Buy Buy Buy
Then the analysts can start modeling their estimates which of course will continue to rise. Then you have the vultures waiting at the door to take this company out...
This is not the only product that was in the pipeline. There are others that apply to the Dental and Skin Care segments. Just think of all the companies that want this technology. This is the FIRST that is non animal.
Furthermore it does not hurt that they are already in bed with two major players to sell the drug.
Lastly. the float is so small that based on the demand tomorrow this could fetch another 20 pts on the upside.
Oh the smell of shorts burning...............Ahhhhhhhhh
You better start to cover
Stock is breaking out