ConforMIS Inc (CFMS) pump dead or going back to .85 under?
(YTD = NASDAQ: $CFMS) 1.27 USD +0.61 year to date = Alright many waited for a news here! seeing this baby going above $1+ was a good capital gain for the long-term because not many bag and "all high" also so people was making money to money of new capital gain. This is a biotech company, so we all know biotech has been down 7% this year due to many less good news on Vaccine of COVID. This a trend and FDA. I will ply it around buy slowly under $1.15 and wait for the baby to drop under $1 again. I mean we might have to wait but if season of rain + more news about vaccine this is can easy shoot back up! It's not as popular but I hope it does shine one-day. The website has so much information and active that you can see it can be a long-term play and less percentage of a R/S. I will keep an eye here also might be a hidden GEM ...
Man made virus and man create vaccine. when ever I do a stock about biotech I think of this kind of act. We are a product right? thats reality of capitalism.
This Chart already show a pump around a few weeks ago! but my main focus is not that, its below $1 and I believe the next pump will be higher then ever. Whats cool this stock jump and jump and has action weekly or a months by months. Not a boring stock at all but a good stock to hold on the side and wait for PR or FDA news to appear for it to jump into some type of tycoon. With the power of 3-D and stem its a battle in the industry but hey who know? this might be a good long-term if its CEO can hit a combo breaker !!! keep this in mind with its 11/3 good ER understand?
By looking at the market-cap and also the 1 year target it show 2.25! 52-week high = $1.96 drop where it is now. We got a pump to go back level to 52 week high. 6,825 is the number being follow on stock-twits.
LAST SIGNAL:: STAY LONG
LEVEL:: SWING KINGS HERE
About ConforMIS Inc.
"The Conformis Hip System is the only primary total hip replacement system on the market designed with 3D imaging technology to provide a stem and acetabular".
Comments