Replies to post #258 on Chembio Diagnostics Inc (CEMI)

[rayank]

After "emergency" what happens? That is what I was concerned about in my email question to Chembio. (link back to see Chembio reply)
They really didn't know themselves if we are still in a state of emergency, and their EUA is only effective during a state of emergency. After that it is not valid, so unless they get actual FDA approval, I wonder if this 300% run is over and we settle in the $9-10 range?
The big pharma companies like Abbott and others are doing it too of course and soon the pharmacies will be doing testing to individuals according to the Newsday on LI, NY this morning.
I am just being cautious with stops in place.
Good luck to all.
Stay safe.
:-)