Author Topic: Opinions on Helius Medical HSDT / HSM Stock  (Read 245 times)

Frznrth

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Opinions on Helius Medical HSDT / HSM Stock
« on: October 28, 2018, 03:57:33 PM »
Hi
I'm looking for some advice on a stock. 

I'm a Speech-Therapist.  I've been reading about treatments for various brain disorders.  One that seems to be really changing people's lives is the PoNS device by Helius Medical.  I'm wondering if the stock might be as promising.  The device/treatment was just approved in Canada, the US military bought in and they are seeking FDA clearance for the US.  I've read everything I could find but I still don't know how to know if this is a good investment or not.  Some speculate that there is lots of upside but I'd appreciate your opinions?

If it does look like a good investment I'm also wondering on if you would buy the HSDT (NASDAQ) version or the HSM (TSX)?

Thanks for your time.

Abe

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Re: Opinions on Helius Medical HSDT / HSM Stock
« Reply #1 on: October 28, 2018, 10:01:57 PM »
I don't know much about this specific device but it seems they have only now submitted their approval request to the FDA. This can take several years to go through. Then they have to market it. Unless you have expert knowledge on why this device will be superior to others in development, I'd pass.

Also, <boilerplate about index funds vs. stock picking>.


Frznrth

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Re: Opinions on Helius Medical HSDT / HSM Stock
« Reply #2 on: October 29, 2018, 07:58:22 AM »
Thanks - it is a total stock pick - for better or worse. 

I'm checking on when the FDA approval might come.  I'm hopeful the Canadian side will generate revenue sooner.  I'll let you know how it goes.