noticing a bit of pain occurring in the spec mining sector, particularly some uranium explorers with no proven resources. many are coming off insane market caps given the majority are grass roots explorers. even stocks like PDN that do have a proven resource have not got unscathed.
on the other hand biotechs are starting to show signs of life. in the past few weeks the action in EMS, AGX and ACL has shown that money is coming into this sector. CMP will follow suit. It has great revenues, is already profitable, proven products & has just broken into the respiratory treatment area, a sector dominated by RMD. CMP is a baby RMD but worth a hell of a lot more than a cap of $20 odd million. given the sentiment that is just starting to come for biotechs CMP is a must for the watchlist!
CMP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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