DUKE,
I have been following SNRS now for a couple of months, it seems to have generated a lot of interest on a local talk show in my area.
I understand the basic concept behind the stock, and basically what I am understanding is that it is all centered on the FDA approval, which I now believe will take place in July.
I understand that it is a speculative issue, it remains to be seen to what degree.
I have a lot of confidence in the talk show host, and he is maintaining that the stock could easily double to the 20 range, and possibly to 30, in a very short period of time.The question I raise
is that all centered on the approval.I guess what I am endeavoring to seek out is a price range if the approval takes place, it appears everyone is confident it will.
Interestingly enough a talk show on the same station is strongly opposed to this issue, stating it is HIGHLY speculative, has no earnings, blah blah blah, and would not go anywhere near it.That is just an interesting issue to me as it has generated some confusion to listeners of the radio show, myself included!
I believe it to be a good buy in this range, but again I guess that is based on how speculative an issue it is.
Read your post,just thought I would mention it is time for me to get off the fence, as July will soon be here, any other input that I should be considering, regards...........Harry |
