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Re: Medtrade77 post# 19474

Friday, 01/28/2022 2:57:08 AM

Friday, January 28, 2022 2:57:08 AM

Post# of 19499
Medtrade , Many thanks for the response. That's a serious price target.
I noticed they have a decent amount of cash on the balance sheet. My guess is that they will need to hire additional sales people once the FDA clearance happens. IMO, the security trades like the company is private, so whether the company is on a $35mio market capitalization or lower really does not tell the true value. The company has been around for decades and has withstood the the changes in reimbursement and shortages of radioisotopes from a decade ago. It's interesting that the company is now entering the PET/CT market, to target Oncology which in my opinion is the game changer. Massive market, with reimbursement coverage. If the company gets the correct IR/PR we should see a higher value, perhaps your $15.00 price target. So, with the share count being correct that would make it a $400mil company. This year should be the make or break, clear the FDA hurdle, get a few sales of the new product, service revs for recurring income and some market participants the price action should follow.