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jayree

04/08/11 7:26 AM

#1269 RE: kun #1268

S$1-2 at the very least.

If you ask the longs S$1-2 is a joke at .25 cents pre-split.... Remember the products of nephros already have CE Mark approval and used in Europe and Canada. Do your DD on this company and you'd realize how FDA played out this company to the brink of extinction. Previous mgmt may have something to do with it too . Luckily, there's new blood in the company.

Now 70% owned by institutions, that's huge confidence level IMO and I am back in. Nibble, nibble, nibble...