For Apple Tree possibly but you need to put it into context. If HTWR gets approval the stock will probably double in time (over the year or so), but for Apple Tree if they can find a nice start up they can make 10 times their investment.
For the notes issue, this is probably a great time to raise funds because interest in the company is high and there is a lot of investor demand at the moment. Having the infrastructure ready for the ramp up once approval is given is critical in fighting against Thoratec or any likely competitor.
Maybe I'm miss guided but I think that they are very keen to ramp development on the MVAD given their confidence with the HVAD.
HIN Price at posting:
$2.45 Sentiment: Buy Disclosure: Held
