RE:RE:Gov't Approves Abbott....DM is out???First and foremost DM is an AI company if your in for just Covid you own the wrong stock ,The revenue gains from Covid sales were always considered transitory not long term. Having said that we have already padded the cash bucket with some nice Covid sales already and frankly I don't think we are anywhere near the end of these sales both domestic and international . Covid is a global problem and many countires besides Canada and USA are crying for more Covid tests rapid and otherwise. The fact that Ameircan Abbot Labs got a conditional PO from the Candian Federal Govt is in itself a bit fishy . Sure Abbot Labs is a leader in diagnostic testing but keep in mind their FDA approvals on this latest rapid test comes at a very opportune time for Trump . I don't blame HC for doing thier own DD on their solution, FDA has been already been comprised by pressure from the Whitehouse to give fast approvals . So who knows? I wish Abbot Labs well if thier rapid test is proven to be the gold standard but they will have a challenge suppyling world demand , DM I beleive will get their share of the global pie going forward. IMHO
GLTA TO_Canuck