Seastar Medical, operating within the rapidly growing biotechnology sector projected to reach $3879.51 billion by 2030, is at the forefront with its Selective Cytopheretic Device (SCD) aimed at treating excessive inflammation through extracorporeal therapies. Despite a significant financial downturn, with a 400% decrease in income and a substantial increase in research spending, the company has identified a crucial catalyst for future growth. The SCD has received an Approvable Letter from the FDA for use in pediatric patients with acute kidney injury and sepsis, marking a pivotal step towards commercialization expected by early 2024. This development positions Seastar Medical as a promising investment, particularly for those looking to enter the market at a potentially undervalued price point, with the anticipation of limited aggressive selling historically observed in this stock's lower value range $.40 to .50 cent area, this is the area im watching, i may be too late. But at least my pole is in the water.
Nota
I wouldn't mind snagging some shares at 60 cent or below range, set up a new alert for this area. then average down if needed. Again, I may be late, but im not willing to take a swing while we are above PoC.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.