Why because they have an s-3 filed? Yes that has been out for months. With shares at 50 cents, if management was concerned of shares headed lower management would have sold shares already and raised the money. They have not done that which i view as positive. We had 30% growth last quarter and with the new sales focus on repeat surgeries don't be surprised.
You're aware that they are in the middle of trying to raise money right now, right? 30% QoQ rev growth would be a pipe dream. Believe you me, I'd love to see it...... but their revs are up 17% YoY,, not exactly hitting the ball out of the park!
I am actually encouraged by management not diluting now- that tells me they are confident in their strategy. Each day that goes by gives me more confidence. If they can grow quarter over quarter @ 30% for the next 2 quarters as a shareholder I wouldnt be opposed to fully capitalizing the company and reverse splitting the stock. 1:2.