I bought a 1000 shares at 4.30 and still very interested in Oste. I've watched on the sidelines for years, it's clear that their management has some competency issues. Whether it's with product launches, positioning product etc. Anyways, I remain unconvinced that they either have the know how or the resources to optimize the potential of their pipeline.
Their ROW agenda is in shambles and never really worked and their US push doesn't look like it will meet it's full potential.
I find the price today attractive and will wait for maybe a further pull back to load up. It's a gamble but their pipeline looks good.
1) Assuming they remain incompetent, the market is expecting very little so they should beat future expectations.
2) If they get any part of their act together, the next couple of quarters could begin to show promising signs.
3) Someone with a $5-$6 offer could concieveably take them out and realise the product potential.
Good luck to all, it's my humble guess?/