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There's a risk and reward principle to investing just like there is to gambling. It might not be as instant as rolling a dice or spinning a roulette wheel but similarly enticing in a longer term different way.
For those lucky folk with a surplus X amount of thousand this stock it will be seen as a bit of fun risk. All of know on this board this intricate details about this company, kinda like a City beating Nottingham Forrest at home? ha
Or the chances of it not being approved, it has passed 3 phases of clinical trails, their tech is being actively used in over a dozen hospitals and that the CRL last year was essentially only manufacturing queries. I'd be concerned and not invested if the FDA were querying specific aspects e.g. the gas exchange/length of time within the body, exit route of the gas or potential adverse reactions of the procedure. The results are impressive and it will add to the arsenal of diagnostic imaging options available to the clinicians that have the machine. The addition of another highly skilled and experienced individual today is a nice RNS today. Long covid is also still a ongoing problem for thousands with many individuals experiences different types of symptoms to another. If anyone had to put a % on it not being approved this time round surely it has to be under 10%. But all guesswork, people cautious after last years disappointment. Still plenty of time until the back end of September, expect this to rise further. Investors love a gamble. Good luck to us all.
Personally I think this announcement will fall on if not very close to the 30th of Sep. Maybe.. inside knowledge, leaks and word of mouth out of the fda will keep this share bubbling until the last minute, maximise profits and opportunity. History loves to repeat itself and I strongly believe this share price could reach up to highs of 90p between the 14th-18th of September. Lets see. We've all got our own personal desired outcomes for our investment here. I'm just sharing mine. Good luck all.
This goose is starting to lay its golden eggs. For those wanting a short profit consider your sell 1/2 week before the 30th. However there’s potentially a bigger pot of gold on the horizon, IF this doesn’t go our way on the 30th buy big on the immediate dip. This company will not let up on gaining approval, and it will get it. How it grows after that is anyones prediction. But with the amount of healthcare providers in the US fighting for the competitive edge over the others this tech will be swept up. Working with radiology in the NHS currently we are regularly sending patients elsewhere to access a service/scan we cannot provide. I strongly think this will be the case for hospitals/healthcare providers which have this machine amongst their inventory.
I feel that the global downtrend in the stock market is masking the long term potential of many stocks including this one especially. Despite the company solely relying on approval to kickstart growth, the facts are there, the technology and its results are proven and are popping up in medical research news regularly now. You have to be optimistic in what you invest in, these guys are onto something and will revolutionise lung imaging. The FDA cannot ignore the wide scale research and it’s outcomes. Do not be unnerved by the falling SP.
I guess the question is now how many will cash in before the FDA announcement with a modest return. Is anyone planning to let it ride with a certain percentage of shares or hold strong with no selling? Share your thoughts/plans if your willing to.
Hi everyone, what's everyones thoughts on the approval on the day 30th September. 1st approval date was right up until the date stated. Whats the likelihood of them approving sooner? I understand Sajy you say that it could be sooner. However I can't help but think the FDA are a very busy department with bigger fish to fry and it will be last minute.
Personally Jerryn I’m rushing to build as big a holding as I can afford over the coming months before there is more concrete news of approval date. When there’s an approval date I think the SP will be what it was last time before. After approval I would like to see £1.90 at some point which is when I’ll consider pulling my shares out. But £2 upwards? Not sure what other people think.
There is no point being invested in this if you don’t hold a long term view of at least 12 months where you are prepared for the SP to drift down. Stop checking it everyday. Approval is coming and a lot us are confident about that. Holding this share a good while after that is where the money lies.