QMED ... down 38% today ... yeah, sounds great, they'll get their new partner Polartec to sell Speedos laced with Stay-Fresh, their hydrogen peroxide impregnated product. The result is that after only a short time in the sun, warts disappear and your hair turns red.
This is a small company, and their business model is probably very cost effective, since they license their products to large partners with sales teams. Thus QMDT has manageable cost of sales. The main thing they have to do is hit a homerun with one or more of their products.
We'll see.
'peeker
ps> I have no idea what will make QMDT's products take off. Maybe they are about to achieve critical mass, and profits truly are just ahead. It's probably best to put it on a watch list so you'll see the news when they do achieve a breakout deal.
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