Wednesday, June 17, 2020 9:57:46 AM
BUY CEMI WHY? - Covid-19 testing revoked by FDA. BUT a 60% drop?? It had FDA "emergency use authorization", but never earned any money from it. So NOTHING LOST. The company has other products and more coming. It has been around for 35 years. I used to own a dental lab down the road from it from 1985-1995. They are the SAME company as BEFORE the FDA authorization in April and the share price was $4-6 then with a $9 price target.
This is way over reaction IMO. The 5 year support is $4.
And it is $3.90 now.
So IMO it is a screaming BUY for at LEAST a 25%-50% gain short term.
Do your own DD.
This is way over reaction IMO. The 5 year support is $4.
And it is $3.90 now.
So IMO it is a screaming BUY for at LEAST a 25%-50% gain short term.
Do your own DD.
Rayank
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