Avinger +24% on FDA clearance for Pantheris SV device

• The FDA grants 510(k) clearance to Avinger's (NASDAQ:AVGR) Pantheris SV (Small Vessel) image-guided atherectomy system.
• Pantheris SV is indicated for the diagnosis and treatment of Peripheral Artery Disease in small vessels (2 to 4 millimeters in diameter).
• The Company intends to initiate a limited launch in several sites in U.S. when commercial product is available.
• Shares are up 24% premarket.

Comments

[my620club]

up too 8500 shares putting my money where my mouth is. :-)

[my620club]

im a man of faith, those who bought in before the fall, sorry.
those who have in after :-). cry babies boo hooing because they stayed too long. just because a trader has been at it a long time does not mean hes worth a shit. This stock is about to rocket ship.

[gxsg]

I hope you're right, as I am long... if it does 'rocket ship' expect another offering from management...

[gxsg]

Newbies to this stock should look at a long term chart. Note in particular the 1 for 40 split, and subsequent issuance of shares which effectively wiped out previous shareholders. What they are developing sounds wonderful but it's a long game and the people with the controlling interest have only their own interests in mind.

[Cramer7]

It’s become a pump and dump scheme. If this device was needed, the company would’ve been bought out years ago.

[gradatim-ferociter]

I am not a financial wizard so I will not add any rhetoric to your "pump and dump" belief.

I am, however, a medical professional very familiar with technology and, specifically, hemodynamics and biophysiology. The platform this company us developing will save lives. It is not only needed, it is long overdue.

[gradatim-ferociter]

I got in when shares were selling at 66 cents....then went all in when it dropped to 19 cents and bought all I could with available cash...if I had seen the post 510k spike sooner I would have sold it all and bought it back later in the day at 81. I am convinced of the viability of the company's mission so am holding ch ot the long haul. skittish about buying any more at this moment.

[my620club]

robinhood took my day trades away, guess im too agressive. i watched it hit.60. my co worker heard me cussing because i couldnt do anythin

[my620club]

i came in at .37 and back in at .45 i bumped from 5000 too 8000, anomalies are hard to explain. the shorts ran and others jumped to see how low it would go. Im waiting for a big jump like we got about a month ago when it jumped from .65 to 1.10 in two days. i bought in 3000 more, im a gambling nut for what i can afford but my bet is people with more money than myself are lying in wait as the shorts and thinner skinned people sell out. give this time and the jump will be exponential.

[gradatim-ferociter]

I too waited for the 510k and was thrilled when word of approval came out.

That approval has not been revoked or reversed so it remains a mystery as to the events that followed. I am an ardent believer in the technology and the company's mission so I am riding this wave for the long term....bu tv I would like to hear from someone in the company as to their perspectives on the stock drop.

[gxsg]

I too believe in the technology, especially so if some version of it gets used in cardiology. Call me a fool if you like. I believe there were a lot of warrants out that gave people the right to buy at a low price (if i remember, $0.40). So my guess is that when the price popped above a dollar a lot of these got exercised, and the stock sold.

[gene russell]

I bought in at .45 back it Jan. when i seen some info on awaiting 510k approval. I had lost out when it hit the all time high this past week on selling, I held on then started to see the rapid fall off. I made a few bucks pulling the cord as I did. Hate too say I don't think there will be too many who would want to take the risk again to buy back into this company, or at least I'm not..

[gene russell]

Trying to figure this one out myself..Device gets FDA 510k approval by chance did it revoked? Notta a sound from any officer within the company explaining what happened..

[gradatim-ferociter]

it's dropping another 15% today.

[gradatim-ferociter]

and down 35% on the week.

[gradatim-ferociter]

the debacle continues....

[gradatim-ferociter]

will someone please explain what the f*** is going on....

[Byan43]

Well that turned downhill quickly

[gradatim-ferociter]

I replied with a like, but I dont like that it happened...

[my620club]

what a day, wish i had more money to buy in further

[gradatim-ferociter]

a 45 cent spread on a 1 dollar stock. elation turns to consternation.

[LeanSustainable]

I lost a bunch on this since I've owned AVGR for a few years now. I got bearish once the price started rising above 45 cents, so I'm happy to see some announcement progress! LONG AVGR

I'm hoping this has potential similar to $EXAS stock

[Lockedon1]

I'm new to this stock so I was wondering, have they teamed up with anyone or do they have a partnership with anyone else? Thanks.

[Cramer7]

@lockedon1
No one believes in this device including the chef tech officer. It’s a scheme to buy at 0.3 and sell at 0.5. Peaks above 1 are juicy bonuses for insiders. Sad story.

[fdelfino1726]

is this fda approval?

[Acemaker12]

Woopie, it up to $1.22!

[gradatim-ferociter]

for ten seconds, evidently....

[pat45]

:-)