Guided Therapeutics Inc (GTHP)

[GetSeriousOK]

This is a FDA play.

I've had success with FDA plays where the drug or device was rejected more than once by the FDA. The investing public tends to undervalue those and when/if those companies get FDA approval/clearance, the stock really pops.

There are no guarantees in biotech, especially in penny biotech. This is gambling and anyone who says different is lying or ignorant. There's no guarantee that the FDA won't reject the application AGAIN, and if that happens this company goes belly up. It pretty much went belly up after the last rejection but the CEO (Cartwright) somehow replaced the toxic financing and pulled a phoenix from the ashes.

This is my current favorite biotech pennystock gamble. Those who don't like it don't have to participate.

Will the LuViva Scan make Guided a lot of money after FDA clearance? Frankly, I don't care. That's an entirely different play, IMO. I've seen dozens of biotechs get FDA approval/clearance only to discover they couldn't sell the product. (Dendreon might be the most famous.)

But that's putting the cart in front of the horse. I'm here for the FDA play. Study results first, then FDA submission, then FDA decision.... it's not happening tomorrow. The PPS reflects this.

I'm not mentioning SMI because I don't believe SMI has any money. If they prove me wrong and make a payment... icing on the cake. And if they don't, their clinical study won't hurt Guided's chances with the USFDA.

The lawsuit against Faupel and Blumberg is unrelated chatter. The disputed loan amount was only $64,000 and GTHP is not a defendant. The outcome of that case is not going to affect GTHP but I guess there's not much else to talk about right now.

Are Faupel and Blumberg saints? Of course not. Should you believe anything a pennystock biotech CEO tells you over the phone? No you should not. Welcome to penny biotech. I've seen, and made money on, a LOT WORSE.