Response Biomed Corp RPBIF

Be patient at least a little longer.

[HippygirL74]

My friends, i find it amazing that i can be so calm and patient and some of my fellow RBMer's are becoming so jittery.  What's wrong?  Is it that one doesn't know who to blame anymore?  Ah, so it might not be Radvak's doing as many were complaining about in the past. 

The FDA is now asking most applicants for more information.  Approvable letters, not that much different from non-approval letters from a share price point of view but since April 2008 when the company replied to the FDA for nt-proBNP,  we just have to wait a few more months at the most.  We'll get approval.

And yes, we have to wait for 3M sales numbers.  But as far as i am concerned, 3M is quite capable of detailed DD beyond what you and i can do.  But even before Flu season the market will start to anticipate sales.  So just relax.  Don't check the sp everyday or you'll go crazy. 

BTW, institutions are now loading up again.  3M is still a major shareholder.  They may be taking from retailers, but not from me.  i am holding a huge position now (huge for me) and waiting patiently.  One day, you'll wake up and BANG, news is out and volume is way up and you'll all be smiling, except for those who sold the day before.  They will be kicking themselves and talking about the "fish" that got away.  There will probably we another PP soon.  May it be a done deal and may the future cardiac partner take a huge stake.  And like before, may there be no warrants attached.  See you around RBMers.