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Amedica Corporation (AMDA)
Posted on 1/12/16 at 1:46 pm
Posted on 1/12/16 at 1:46 pm
Anyone following this one? Currently trading at 0.11. Have a FDA approval imminent (early Feb). They develop and commercializes silicon nitride ceramics as a biomaterial platform. Projected trading target of $1 by end of February. For someone who doesn't know a lot about stocks, can anyone lend sound advice if this is a good buy.
Posted on 1/12/16 at 3:02 pm to Crescent Connection
Any more info on FDA approval?
Posted on 1/12/16 at 5:34 pm to Crescent Connection
quote:
Anyone following this one? Currently trading at 0.11. Have a FDA approval imminent (early Feb). They develop and commercializes silicon nitride ceramics as a biomaterial platform. Projected trading target of $1 by end of February. For someone who doesn't know a lot about stocks, can anyone lend sound advice if this is a good buy.
If FDA approval was imminent they'd already be trading at a dollar. I think what you mean is that they have FDA decision imminent; however, there is no way to ever tell what the FDA is going to do.
Unless you really understand the science and/or are comfortable with your investment going to zero (literally) I'd stay away.
Posted on 1/12/16 at 8:39 pm to Crescent Connection
They've diluted like crazy the last several months. I reckon there are a lot of bag holders ready to get out at any opportunity. AMDA won't hit a dollar without a reverse split.
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