Replies to post #15987 on Grapefruit USA Inc (GPFT)

[mr_sano]

The answer is there is just many choose to ignore it. The run to 1.90 was pure speculation and driven by stock promotion ala Money TV or whomever in order to make sure the PP folks got a payday(at least if they were smart enough to register shares and bail) Prior to this and as far as we all knew the FDA would come back at any minute with approval, and we were still trading around .03-.18. We are twice that now and are at 150 million market cap. Other companies with viable products, with FDA approved devices or drugs trade at much lower levels. El HEfe believes approval is not priced in this time...he might be right. I tend to think it has been for a while. We will continue to wait and see!

[lennygoat]

so following your logic...people are panicking so i should panic and sell my shares too? this is an FDA approval-play for me, so sorry, i'm not panicking. so folks are getting scared and selling shares, or maybe cashing out some of their profits. again, i don't buy that the market is able to predict the FDA's response. we rose to 1.95 last submittal, did we get approval??

[borntwice]

Maybe Dean will post the answer on the new and improved investor relations video blog... Keep watching for the regular investor relations video that has been promised...

peace