Hassieb,
I think so too. 2.5 years back thier stock was trading as high as
$ 17. As discribed the C.E.O in this company said to be a mad scientest. And this is what I really want in a company. If you read
the article back in March by tom, it is amazing this article help send the stock to 6 and then again mention in his monthly published last friday. About the aids testing I heard the company is expecting an FDA approval by this month July. Since this company happened to be across the street from where I work, I'll try to ask more if I can get more more money making story.
This article came out friday
"Every time investors think they're getting smart by buying cheap, they get hurt,'' remarks investment professional Mitch
Levine.
Like many investors, Levine made money this year buying technology stocks and medical device makers. One of his picks,
ChemTrak, a California developer of medical tests for the HIV virus and stomach ulcers, just won FDA clearance for its quick
h. pylori bacteria test for peptic ulcers. ChemTrak's stock has quadrupled since January and now sells for around $5. Levine
expects ChemTrak to sell as many as a half-million tests for the rest of this year for a profit of around $2 million.
Down the road, possibly in the autumn: FDA approval of a home test for the HIV virus that leads to AIDS.
Happy hunting, value seekers. |
