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Re: THREE-DAY-TRADER post# 58

Wednesday, 03/25/2015 4:30:42 PM

Wednesday, March 25, 2015 4:30:42 PM

Post# of 41321
What's to like? From the CC:

-Their product is no better than equivalent to PEEK
-The doctor performing and presenting the CASCADE trial wouldn't even endorse the product over PEEK
-They gave no guidance on pricing
-There was a lot of talk of "high-speed drills" and needing to carefully prep the area before implanting the AMDA device
-They're bleeding cash

IMO, there might be a corner to turn here, but it's not looking too likely to me that AMDA will become cash flow positive this year.
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