Profound Medical Corp (PROF)

[hayfarmer]

James, thanks for posting. I agree with everything you said and I'm also expecting a raise at some point. I think the potential gain here is even more than 4 or 5 times where we are now but when we will get there is anybody's guess. That is my disappointment....how long it's taking for this to catch on. Insurance coverage is definitely a huge reason why so not likely until 2025 or later. Not everyone can shell out 30k for the treatment out of pocket.

What are your thoughts on the C code being approved for 2024? That will help although I still agree a raise at some point is likely. I just hope it can wait until later 2024 or early 2025 when insurance kicks in and this starts getting on investor's radar.

The fact that no one knows about this one and the float is so small could really lead to an explosive move at some point!

I admit I was unable to ignore the price as it dropped from 28 to 3. I sold 75% on the way down, mostly at profits and managed to lower my avg cost. I'm fully back in at this point but that could change. I have have a core position I will never sell until we are much much higher.