We are in a very difficult bear market.It seems that traders
are selling into the market as a result of Obama's proposals
on raising the capita gains tax.
Even commodoties such as oil,gold and metals are going down
while the other stocks in the market are getting beaten as well in sucker rallies.
Stocks such as CTGI with its potential application
to surgeries has not yet gotten the attention it deserves
With the United Nations report by its WHO organization
that there are over 234 Million surgeries done in the world a year.
How much of this market can we get even at a minimum
for $1, $5 ,$10,$20,$100 per surgery?
How much of the staple,suture,clip and stitch market
of over $3.2 Billion among three competitors do you
think we can get for the first year,the secnond year,
the third year and so on with a growth rate of over 50 percent plus per year and a forward PE of 30-40.
Can anyone guess what the PPS would be?
What about the market for Chindia( India and China )
a small percentage of those markets.
Instead we remain in the doghouse playing monkey
in the middle with VFIN and HDSN.
I think we will be surprised when the catalyst
is announced that will trigger the PPS to where it belongs.
Only DOn and Frank knows what they expect to launch
this company on the right road and it is evident from
the pace of newsreleases and money shows that CTGI investors will have a Quickening with the PPS of CTGI until that happens we have to be patinet.
Regards,
bbhuey
AI
