News Focus
News Focus
Followers 1
Posts 84
Boards Moderated 0
Alias Born 08/07/2019

Re: blue_skies post# 137

Wednesday, 01/29/2020 8:23:03 AM

Wednesday, January 29, 2020 8:23:03 AM

Post# of 475
I do not think the story is getting old. I think with the share appreciation it is perfectly normal for the stock to consolidate.

The company has been steadfast that they are aiming for $50 million in 2022 revs. I believe that the Street is shifting to a "show me" mode. Will need to see some revenue and profit acceleration.

I also believe that within the next 12-18 months KRMD can have a new source of revenues that is not factored into the stock. Maybe a new partnership or an expanded label use for a sub-q drug.

I have not bought any stock back yet. Stock continues to hold but meander around the 10 week moving average - $5.56 right now.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KRMD News