InvestorsHub Logo
icon url

plutoniumimplosion

05/06/20 10:37 PM

#79531 RE: Jaded Past #79529

But yet, it continues! LOL! Why! Well, none of us will know the bid or ask price, none of the longs are going to give any shares away (we all know too much), and none of us are in a big rush to sell because we have had to wait 2 weeks already...

I think there will be another story that catches your eye. And it will be a doozie.
icon url

Johnny_C

05/06/20 11:03 PM

#79536 RE: Jaded Past #79529

Why is CODX mentioned so much as DECN comparable? it is apples and oranges. CODX is a fully reporting NASDAQ company DECN was a non SEC reporting pink sheet company

DECN is a new testing method, compared to traditional PCR testing

DECN fully diluted could be as high as 500 mil shares compared to maybe 50 mil

They are not comparable, but if for argument sake DECN were to have the same market cap, wouldn't DECN trade at $1.40... nothing to sneeze at. If DECN product became a commercial success I would think they would surpass most PCR test kit sales

Either way, it is not a good comparable







p
icon url

rawman

05/07/20 10:07 AM

#79581 RE: Jaded Past #79529

If anyone doubts that, CODX would be a decent comparison.


NOT EVEN CLOSE!

CODX has chosen to be registered with the SEC, files audited annual financial reports, is listed on the NASDAQ, generated $215 million in 2019 annual sales, with a 40%+ gross margin, and is actually selling a COVID-19 product that has been granted an FDA EUA Authorization!

THERE IS NOT EVEN THE REMOTEST OF SIMILARITIES BETWEEN CODX AND DECN!