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Verisante Technology Inc. V.VRS


Primary Symbol: V.VER.H

Verisante Technology Inc is a Canada based medical device company. It is engaged in commercializing medical systems for the early detection of cancer. The products of the company are Verisante Aura which is for skin cancer detection and Verisante Core which is for lung, colon and cervical cancer detection. It utilizes a cancer detection platform while the operating software and probe technology. The group generates revenue from the sale and renting of its medical devices.


TSXV:VER.H - Post by User

Bullboard Posts
Post by possessed2on May 16, 2008 9:41pm
447 Views
Post# 15084090

Overreaction??

Overreaction??In this market bad news is punished severely and no different here. Actually the guidance wasn't bad enough to cause such a big drop but a loss is a loss, especially with so many other places to put money that are growing by 10-15% rather than dropping by that much in one day. IF management can deliver the results quoted in the news release this should be okay long term, question is when to increase position. I wouldn't think the downside is too much from here but how long do you sit with dead money considering the alternatives. Wouldn't be a surprise to see 10-20% up from here by year end. looking forward to next year and better numbers. Is that enough?? We will see....
Bullboard Posts