InvestorsHub Logo
Post# of 24568
Next 10
Followers 51
Posts 4564
Boards Moderated 0
Alias Born 12/14/2009

Re: None

Saturday, 06/14/2014 6:08:19 AM

Saturday, June 14, 2014 6:08:19 AM

Post# of 24568
EDAP:According to the AF-rule,EDAP should be $12/share.

According to Adam Feuerstein, every biotech company which has an oncology drug in phase 3 and which is nearing FDA decision should have a market cap of 300M at least. I presume this should be also for medical device companies like EDAP, especially when it already approved in Europe and from which the treatment is already reimbursed in France. So with a current market cap of 80M dollar, the share price BEFORE FDA approval should be $12 at least. Please don't forget that this company made net profit last quarter

final FDA decision July 10th

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.