I first bought this share in January 2010.
My highest purchase price was 7.3 cents and I sold some at 10.5 shares when it seemed the Autostart Burette would save all the hospitals in the world a whole bunch of money.
Overall as a LT holder this has been a frustrating non performing share for a long time, but I see signs, at long last, that this is about to change.
A triple bagger from here simply takes the share price back to the 2010 level. As the CEO said in the recent interview, the burette market is dominated by big sellers selling to big buyers, so that even with a superior product, ALT hasn't been able to get a look in.
With that unfortunate track record hanging like a millstone on ALT's SP neck, the really positive news about the Pericoach means that MULTIPLE good news announcements are required before the SP gains traction. Without the shadow of the delayed market penetration of the autostart burette, the upward resistance would not be nearly so stubborn as it has been. However I did sell some at 0.037 and captured them back at 0.031. However, now I will hang on for the ride!
The buyers of Pericoach will be women all over the world, not chains of hospitals with vested interests, and I am sure they will take to the Pericoach like ducks to water. Once ALT does become a force in the market place, it will also be a lot easier to make progress with selling the autostart burette in two or three years' time. In five years I am hoping this becomes a 10 or 20 bagger. Over the last couple of weeks, ALT shares, along with other biotech shares such as ANP have suffered a bit as people have been rebalancing to get some OBJ.
Please note the website is analyticamedical.com. You may get a shock if you go to alt.com !!!
I first bought this share in January 2010. My highest purchase...
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