|From: atsignal (Rep: 3)||Date: 07/27/2017 11:37|
|Forum: Dextera Surgical Inc - Msg #57||Thread #673941870 (Rec: 0) |
|SPECIAL SITUATION PLAY: A beauty @ .25, Imo.|
DXTR makes a surgical stapler.
They put a temp hold on them because they got 6 complaints from surgeons that there is an issue with how the stapler fires the staples.
Based on my DD, I believe it is a minor issue that the company is fixing.
In response, the stock has cratered & there is also a 46% short position.
Also, DXTR is now trading under cash and has a very low float.
Imo, DXTR is going to do very well when it this issue is resolved..........which is likely at any time.
In any event, here are some links
DXTR letter explaining issue:
Chart & more info:
NOTE: Here is a link to the I-Hub website. The posters there are on top of this and have a very sober and responsible take on DXTR. Well worth reading last month of posts.
NOTE 2:: Would be great to get some input on DXTR. Imo, this could be a big winner for the board.
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