Grapefruit USA Inc (GPFT)

[mr_sano]

The answer is there is just many choose to ignore it. The run to 1.90 was pure speculation and driven by stock promotion ala Money TV or whomever in order to make sure the PP folks got a payday(at least if they were smart enough to register shares and bail) Prior to this and as far as we all knew the FDA would come back at any minute with approval, and we were still trading around .03-.18. We are twice that now and are at 150 million market cap. Other companies with viable products, with FDA approved devices or drugs trade at much lower levels. El HEfe believes approval is not priced in this time...he might be right. I tend to think it has been for a while. We will continue to wait and see!