i posted a few ideas here and got almost no response, as you said...perhaps this is why the portfolio had gotten to where it was...people seem to be worried about things like whether a stock is "real" and/or should be listed or over 5 bucks, or whether trades will be reported to the exact penny, rather than sharing and discussing ideas
here's a stock i bought today just in case anyone cares:
CTE
company has a decent and growing business in wound care dressings and various other medical devices, and the estimate for 2004 is .19 vs .01 in 2003, so that's not bad in and of itself, but the key is the synthetic graft that they have developed and are currently testing, which could allow for people who have already had triple, quadruple, or quintuple bypasses to have additional bypasses...these people cannot currently have further bypass surgery because the first procedure uses up the available arterial material in their bodies (taken from their legs normally), so often times these people end up dying...this product could save their lives, and it could also be used in the initial bypass surgeries to eliminate the need to take artery from their legs, which adds to the potential complications of such surgery
the synthetic grafts are currently being tested in brazil and have shown good results so far...i'd much rather see them being tested here, but it's easier to get such testing started there with less regulatory hurdles to jump through and less litigation risk so that is where they are starting...it will be a while before the product could come to market, but in the meantime the company as it stands is profitable
carl |
