$AMDA I just started following it a few weeks ago. It has one of the worst 52 week charts I've ever seen due to repeated delays in FDA approval.
I think it goes (much) higher due to past statements of management that with (this) FDA approval they would announce partnerships for commercialization.
Another new and exciting revenue source could be 3D printing of Silicon Nitride joints. AMDA is first to 3D print Silicon Nitride- and it has many advantages over other composites.
Also, company has about $19-$20M in annual revenues before this product launch, and a P/S ratio of < 1 with market cap only $25M here. Lots of room to run higher there
Anyway- I think there could be a run in this one to $2 or even $3 by end of week with + news, especially if they have a partnership in the wings to announce following FDA approval as has been suggested by management.
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