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Bullboard - Stock Discussion Forum Response Biomed Corp RPBIF

"Response Biomedical Corp is engaged in the research, development, commercialization and distribution of diagnostic technologies for the medical central-lab testing, point of care (POC) testing and on-site environmental testing markets."

GREY:RPBIF - Post Discussion

Response Biomed Corp > Closing the gap?
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Post by Sir_Holler on Nov 27, 2013 9:46am

Closing the gap?

The stock fell from $3 recently on the issues with the distributors in China but now RBM controls its own license to sell the product and has two new distributors. The company has also hired a new network in the U.S. and financed up. With growth everywhere in the world outside of China, and now China back in force things should turn. The company has done a good job increasing margins, etc., and now the Canadian dollar is also favoring the company as it trades below $.95 and appears headed lower accoriding to the top currency strategist at Goldman.



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