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You're right that would make no sense and probably would never happen. I'm not commenting on what I think the buyout price will be. I'm simply explaining how the stock's pps reacts to the buyout price and why.
The subsequent PPS would depend on the buyout price. If the PPS goes to $4 before the buyout but the buyout is at $3 PPS, there will be a sell off down to $3 PPS. People are going to take the profit above the buyout price while they can.
On the otherhand, if the PPS is $4 but the buyout price is $6, people will continue to buy in until the price reaches $6 PPS because there's money to be made at any price below the buyout price (ie you own the stock at $5 knowing the buyout company will eventually contact you to buy your shares at $6 PPS.)
The bottom line is that, either way, the price of the stock will eventually settle down at or very near the buyout price.
Hope this helps.
Doc.
Well said, well said, amen.
You responded to my post.
Interesting.
Disclosure: Strong supporter of IMGG.
Man, I sure hope so.
Come on, man. Get real. Old technology like the common x-ray. Big step backward, buddy. Awfully pessimistic fellow shareholder.
The exactly is: Completely different kind of imaging. Ultrasound can't do what radiation emitting devices can do.
Am I correct in saying that as of now image quality and capabilities are all wrapped up in the radiologist opinion piece?
Here ya go. See ya in da circle.
dean@imaging3.com
FYI, FDA on the Move
Don't know if anyone has viewed this info. I think this is a good thing for I3. GLTA
http://www.fda.gov/Radiation-EmittingProducts/RadiationSafety/RadiationDoseReduction/ucm199904.htm
http://www.foxbusiness.com/story/markets/industries/industrials/fda-require-medical-imaging-firms-redesign-equipment/
Absolutemente!!! Everyone just needs to chill. I think Dean's got this!!!
It was clearly stated during the last CC that the resubmission would happen sometime between mid and late February. If people panic because it doesn't happen eod today or even next week its their own fault if they panic sell and miss out. I'm like the other responder to your post, I'll be loading up big time on the dip.
Well, that's surely the hope. What else could it be? If he's moving on and nothing good is coming from the current venture, he just cut his own throat pretty much. Who's going to trust or have any faith in him then? So, while we're all only speculating at this point, I see this as a good thing. I think Mr. Janes is too smart to start a new venture without successfully wrapping up the existing one.
Thanks. What do you think this means for I3 and the Dominion scanner?
Rumor of New Venture! Can anyone confirm that Mr. Janes is starting a new company?
Really?!!! I've been wondering about that and hoped that it would. Thanks for the info.
Chuck. As I said. I have a long (not a short) sentiment for CBAI and I'm trying to get back in. I have no shares at the present and I'm not the kind of investor that attempts in anyway to manipulate a stock, especially by commenting on a message board. I don't think stock manipulation via message boards works all that well, anyway. I understand your concern and could see how you might think talk of a R/s, even long term, might be an attempt at manipulation, but no. GLTU and GLT all of us longs.
Well let's here it. Serious rely only, please. Thanks in advance.
GLTU2 shark.
I don't think there will be a R/s in the near future. I'm thinking long term. Hopefully very long term. The strategies I've mentioned are either short term or long term. Anticipating a R/s is long term.
Yeah, I'm feeling you. Maybe not so much about a conspiracy to reaches that high but certainly about delaying the approval further because of the current ionized radiation emission hype.
Little to nothing in terms of utilization is absolutely correct since there is no alternative as of yet. I'm an ER doc and during a very busy 12 hour shift I can easily order 30 plus CT scans. In today's world of defensive medicine they're a must. The questions I believe the FDA are asking go beyond your radiologist friend's comments. Because of all the recent hype over the high levels of ionizing radiation emitted I think the FDA is focusing with special intensity on this 510(K). They may be focusing on the company claim that dominion emits significantly less ionizing radiation on average. And if Imaging3's claim of less radiation emission is true, are the images still as good?
But I agree with Mr. Janes that image quality is a market driven issue and not one upon which FDA approval should depend.
Disclosure: Long IMGG.
Would like to buy in again. Would appreciate your thoughts
I'm a fan of CBAI and think it has tremendous potential in the long term. I bought in at .003 last year and sold for a nice profit several weeks later on a run up to 0.01. Since then I've just been watching and waiting to get back in and would like to do so for the long haul this time. But I'm wondering what the best strategy for re-entry should be.
I expect a reverse split at some point in the long term and many will sell on that news, thus creating a very nice buying opportunity in the far future. The company should be well on its way by then and the investment will be less risky. On the other hand, buying in on another dip in the near future would also be an outstanding opportunity to pick up a few million shares instead of several thousand. Of course, a few million shares before a RS could turn into a few thousand after the split and that would be disappointing.
So the question is: what is the best way to play this stock? A)Buy at the bottom in the near term and holding with the expectation that an inevitable RS will take a lot of power out of the initial investment? B)Continue to watch the stock over the long term and buy on a dip after the inevitable RS with the idea that a second RS will be highly unlikely beyond that point? C)Slowly accumulate the stock on dips in the short term while its in the 1/10's of a penny (again, biting the bullet, knowing that a RS is inevitable)and then continue to accumulate after a RS with the thought that this company is a true winner and it will all pay off in the end, anyway? Or D) There's a better scenario than any of the 3 above that I haven't yet considered?
Any serious thoughts on this?
February 18, 2010.
Surely they can quickly and easily verify all those specifications. After all, wouldn't vibration and harmonics be more about image quality than patient comfort? The patient platform is the fixed, stationary part once the brakes are put on its wheels. Sounds like this new person is either eagerly over doing it or throwing a wrench in the works for whatever reason.