I personally don't think we have seen much institutional interest up to this point and that it's been mostly retail-
The CMS approval was a given but the pricing announced today was very favorable IMO. I expected us to rally or at a minimum end in the green today. The product 'should be' a game-changer AND the team(money) behind this is about as good as one could wish for IMO.
'If' it's just retail capitulation, we should be close now(?) Those in cheap are jumping out while they still have profits and those in high are bailing to save what's left. For those of us who see the bigger picture and are here for the medium-long term, 'I think' it's just a matter of time. My entire position is in the warrants as I fully expect DMTK to be 'over' $30 by 2024.
Time will tell...
Good Luck!!
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All posts are strictly my opinion and are not buy or sell recommendations.
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