This is having an A2 Milk vibe. I missed a 34 bagger! Mrs explained the science of A2 protein, A2M was trading at 50 cents (not yet profitable). I tried to buy at 49 cents, missed out. And then A2M hit $17 over 3 or 4 years. Simply by having a product and a market and margins.
Well, LDX, I actually bought after the IPO at $1.26, as they have a product, a market, and margins. But when the US all but nix'ed them, they rightly went to 1 cent! They were in a bad way. Then to go from 1 cent to 15 cents in a day or two on FDA approval gives them their market back. (mind you, they could have decided to do it with Uncle Sam)
In any case, this now has the A2M vibe to me. A few announcements and some sales and the moon beckons. I cannot see what can go wrong. Mind you, I did not punt a lot at 8 cents. Thanks to the sellers who pushed it back there. They got their quick buck. But, honestly, this LDX seems like something you buy, then watch, and maybe in a couple years you are happy. Well, I hope I am!
LDX Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
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