GREY:SBIYF - Post by User
Comment by
Wormguyon Oct 14, 2011 4:21pm
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Post# 19150993
RE: Consistent Volume=New Life
RE: Consistent Volume=New LifeI agree,but I don't think we'll see a giant uptick until one of their products is approved in China.Don't forget that China is a huge market and this company isn't only the insulin product. They also make the Apo AI and Apo AImilano for cardiovascular disease. They also have a line of plants that are high in GLA, industrial enzymes like chymosin (also called rennin) and a technology that can be applied for many other purposes. The chance that they will sell none of these is low and now they have financial backing from a major company.All indicators are good!Finally, I'm in at an average of .75 and after a year or two of thinking I'd never see it again. I think I may average down and perhaps see a profit in the near term or most definitely long term.All is IMHO, DYODD.