February 25, 2013 3:03 PM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Shares of EDAP TMS S.A. (NASDAQ: EDAP) are spiking on Monday after a
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
suggested that the stock is undervalued. The French biotechnology concern, with a market-cap of only $50 million, is small by most measures, but the stock is already up 83 percent in 2013. On Monday, EDAP has risen around 9 percent to $3.71. The Seeking Alpha author, who goes by the handle Biotech Breakthroughs, previously wrote a bullish piece on CombiMatrix (NASDAQ: CBMX), which contributed to a massive rally in that stock. EDAP markets the Ablatherm device, which is used in high intensity focused ultrasound (HIFU) treatment of localized prostate cancer. The company is also exploring the use of HIFE as a treatment for other cancers including metastatic liver cancer. The Seeking Alpha article covering the company argues that it is highly likely that EDAP's Ablatherm-HIFU treatment device will be approved by the FDA. The treatment has already been approved in Europe, Canada, Russia, Australia and South Korea and entry into the U.S. market could be a game-changer for the company, according to the author.
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