Replies to post #1624 on Profound Medical Corp (PROF)

[James666666]

Thanks. I agree with everything you just posted. We can indeed go higher than 4-5 times - but timing is uncertain. Arun is getting older and he’s sold in the past so he may just want out at some point. Not sure about succession planning at co.

I do hope they get c code for 2024 and Gagnon asked about that in previous quarterly calls. The key is the CPT 1 approval and we have that know.

I understand selling as price went down. It turned out to be the right move to buy back at lower level. For stocks like this I just buy and hold (adding sometimes). There is certainly an opportunity cost and it has been frustrating but I do believe it will be worth the wait. A core holding makes sense for sure.