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Wednesday, September 01, 2010 2:25:39 AM
I think the teens is very likely. I'd be VERY surprised if we saw single digits.
The WORST case scenario is that the FDA returns a NSE decision and we're forced to go down the PMA route, even though I'm not sure that route even makes sense for the DViS. How long would it take to go through that process? A few months? I think those of us holding long-term can afford to wait that process out.
I'm with BennyJ, I think we're maybe a week or two away from hearing approval. If not, I think the worst is we'll hear the FDA ask for some AI.
The volume yesterday was 6 million on no news. Does anyone remember what the daily volume was last year when it ran up to $1.95?
Given how frenzied and irrational the market can be, what do you all think the price will look like the day of and the day after we receive clearance? I think $3 or $4 would be entirely plausible. And I wouldn't even be surprised at $5.
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