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Re: TechStockBob post# 7571

Tuesday, 07/27/2010 7:55:04 AM

Tuesday, July 27, 2010 7:55:04 AM

Post# of 18345
tsb, I'm not expecting $4-$5 either, but who knows. It would help if we knew for sure what the delay is. I am working under the theory that the recent FDA announcement that they want to regulate LDT's (lab developed tests) is the root of it. But I don't know.

But if that's it, then I believe the delay will be resolved soon and we'll see Quest move forward with the rollout. In which case we'll finally get a run in the stock price. Once we break to new ground, the psychology will change. When the stock is at .15, I would agree, I'd feel lucky to get $1 per share. But if the stock were at .65, I might feel ripped off to only get $1.

We have too much uncertainty right now. No one knows what we're waiting on. That's why the stock price is a disaster. If Quest is waiting on clarification of the regulatory environment, that's one thing. If Quest has an issue with the test itself, that's another. And it could just be the usual "Everything takes longer than you think."

But as long as there is no problem with the test itself, and knock on wood, I don't think there is - then patience should be rewarded. Good luck all! ou
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