It looks like the stock is coming into a good time to add to a position. Maybe I can catch a weak hand with a market order!
After reading several Seeking Alpha articles I bought a small amount of this a couple of months ago. Since then it has done nothing but crash and burn. The company never has anything positive to report and the financials are a disgrace. I agree, radiogel is the last chance for this and its not being well received in the market no matter how much stupid in seattle wants to pump this. I do like the potential of radiogel just not very confident this useless CEO can do anything with it but pay himself a big salary. With all that said at these prices I may take a gamble, and it is a gamble, and buy a few more shares. Next month or so should tell the story on this.
but it's not trading like thats happening. If Radiogel gets rejected or has long delays this company is dead. CEO of this company should be fired for incompetence. Next week could see the beginning of the end of this company.
I agree stan. I'm holding the few shares I own of this but this company is near bankruptcy. If RadioGel is delayed or not approved its over. Very little interest from the market for Radiogel to date. Its not looking like its anywhere near approval. Isotope sales have gone from bad to worse. Nothing here but hype from idiots like stupid in seattle.
Per their 10Q their cyclotron was down for repairs for quite a while and so they were not able to produce the isotopes that they wanted to. ADMD will get that tuned up and isotope sales will start increasing in my opinion. If "Team Ignore" read financial statements they would have known this but they do not. Sure would be nice if they contributed anything here but they don't. They just send me love notes. I am on their alerts. To bad they are not buying. They can't make any money when ADMD gets that flywheel going.
Only a moron like stupid in seattle would call that a better 10Q. Stan is right this has one last chance to survive and thats radiogel and so far the market is not impressed with it.
Looks like losses went down qt/qt by nearly half to (605,500). Cash on hand increased a bit. Loss per common share decreased by .01.
ADMD is going in the right direction. This is one quarter, I look forward to them building further positive momentum in the quarters to come. Increase in isotope sales and direction from the FDA after their initial review should be recognized this summer. In my opinion ADMD is still certainly a buy down here at this quite depressed share price.
The weak hands are being worked out of the shareholder pool and strong hands coming in like Brookline and longs like myself.
This thing looks worse all the time. Revenue from isotope sales down to 24,000 for the entire quarter. About half of what it was a year ago. Debt is growing, nothing else is except the CEO's pay check. Like I said before this company is down to its last chance with Radiogel. If it gets FDA approval on time in the next couple of months it will make it. If not its done. Stupid in seattle is an idiot, forget these "alliances" that never produce any revenue. Isotope sales are dead. Its only hope is Radiogel. The only source of income is stock sales.
Funny how the CEO bought a few shares right before they dumped this horrible financial report.
Glad too see he bought $1400 worth of stock but I would be much more impressed if he sold some isotopes or got FDA approval. Quarterly financials are due out very soon and they will be a train wreck again.
Looks like an insider has bought more shares. The ignore crowd here, recently outlined in another post, will say it is a small buy, or so what? I say that insiders do have a better idea of when to buy and sell their stock and they are saying to buy. Just like me. So I expect to see more insider buying at these prices and I expect the "Team Ignore" here to tell of us why they are wrong to buy.
There are many great days to come from ADMD. Hang tight and accumulate a little at a time down here.
It's not many CEO's that can stay in business over 7 years and pay themselves a salary of over $200,000 a year while producing absolutely nothing of value the entire time.