Sharing a Belter of a Post23 Mar 2021 19:43
Spartans
Traded FUM - did OK - 40% prof out now:
Picked this up tonight - very cool.
Forget the stock specific commentary - feel the vibe / undertow
GLA
PetitStVincent
Posts: 1
Price: 56.00
No Opinion
No straight line of truth, just an arc of distortionToday 18:42
They look but they do not see; they listen but they do not hear. Very apt to describe those on this board who grossly misrepresent the information contained in RNSs and whatโs said by Futura Medical execs on webcasts. With them, there is no straight line of truth, just an arc of distortion.
Itโs abundantly clear final EU certification will be received by May this year. Thatโs been made clear by the company at least 3 times in the past week, including in two webcasts.
But the twisters try to make the short tail wag the long dog, and throw focus on the need for a further trial to satisfy the FDA. Completely ignoring the raft of near imminent positives that will transform FUM commercially.
Iโm as sure as the sun rises in the east and sets in the west that FUM will be substantially higher than 55p by year end. But getting from here to there (and beyond) will likely be a very volatile and turbulent ride until investors have more clarity about adoption and usage rates of the gel. Even the โposter childโ share of 2020, NYCT, would trade over 200p one day, below in the mid 60s two days later, and next day be at almost 200p again. It topped out at almost ยฃ12.
Once final EU certification is received, FUM can start selling its product in Europe (and in some territories beyond). It will want to start doing so as quickly as possible. Which means thereโs added urgency to sign commercial partners by the time final clearance is given. As well, every day with final clearance but without sales eats into that precious period to 2039 of patent protection (awaited). Things have to happen very quickly now.
Everyone in at 55p will make money on FUM if they have patience. Not as much as they would have made if they had bought in at the sub 8p price of 2020, or even the 13p available earlier this year. But those are super rewards earned only by the very brave and very patient.
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