HGR unknown

worth 1 dollar on fda approval, page-12

  1. 11,407 Posts.
    I agree. No need for wild valuations. Lets be realistic. I cant crunch it out based on the US market but my intuitions says it will be 15-20 as soon as FDA approval is granted.

    FDA approval was expected as early as July...as late as august.

    The big question now is how close are we to gaining the approval.

    Tried ringing the company at 6pm but got in too late. Will try in the morning and update on here what I find out.

    I expect tomorrow some good buying up to around 5.8 and a close of 5.5 in anticipation of the FDA approval being announced at possibly any tie. Hopefully its Friday...if not...it could be monday before opening so I wont be selling till I see FDA approval and sales aggrements with the USA after the FDA approval. May be 1-2 weeks bfore the deals flow from the US but the FDA already has approved HGR product to be used by law enforcement so we know its close to approving it for the whole USA market.

 
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