GREY:MDCGF - Post by User
Comment by
alexl1on Dec 17, 2010 12:39pm
241 Views
Post# 17862580
Patience
PatienceI'm a die hard MDG investor. I just continue to accumulate every opportunity I get.
Its unfortunate that only a crappy few, not worth listening to individuals keep posting on this board.
Anyhow, for all those on this board, Depomed (symbol DEPO) is worth looking at as it keeps going up. Since early September its gone from $3.50 to $5.39 when I last mentioned this stock to you all on this board. Its now at just shy of $5.90. Have a look at its graph over the last year. Very impressive.
Anyhow, much more upside potential on this stock. Big news coming January 2011 regarding approval of a drug from the FDA. If the news is positive this stock can move towards $10.00 or more.. Approval of DM-1796 is a virtual certainty many believe since it is an improved version of gabapentin, which was approved for PHN years ago and millions of patients have used it. DM-1796 is a long extended-release gabapentin, which SIGNIFICANTLY reduces the adverse effects of immediate release gabapentin while offering an improved efficacy. in other words, there is no logical reason that could prevent approval.
As usual do your own DD.