CSMG Technologies, Inc (fka CTGI)

[MeLikeMoney77]

I don't think there is any doubt this is a revolutionary technology and will definitely be the standard of care eventually. Why spend time and effort sewing something together when you could do a couple short snips and be done with it? The question is whether CSMG can break into the market. There are other companies out there with essentially the same technology. Ligasure already has multiple products out and the backing of a multibillion dollar company. But I would imagine that as this technology takes off, there will be opportunity for multiple players. I can't think of too many surgeries that don't use sutures which could be replaced with a superior product of tissue welding.

Does CSMG have the deck stacked against them? Certainly looks like it at this point. The potential is there for huge returns though. Definitely highly speculative.

We seemed to have found a somewhat stable bottom here though, especially if we bounce off of this 0.6 level for a third time. Seems as good a time as any to get in if you're going to. I'm in for a couple grand.