Gee, aren't you the observant one! If you read my post carefully, you would have noticed I said I traded the stock and held a core position. So, yes, I've lost on the small core position, but have managed to make back most of the losses on trades. Now, who are you? I haven't seen your name here before last week either.
So who cares what you think?
You're just another troll who flits from message board to message board.
The only rubbish is a public company that hides behind a wall and is afraid/chicken to disclose what management makes, and how much money they r burning per month. Because they r not making any money (profit)...
if u have held this for 3 yrs - u aint too smart and lost a boat load of money after the 2 reverse splits. this company has no clarity into their finances. ask yourself if they are public company what do they have to hide? like i said yesterday this would b rite back to the 200 ma - 3.9 yesterday to 3.33 today. LoL
I am not short. There is nothing novel about this company other than a complete bloodbath for longs. Any long attempting to hold this company over a long period of time has lost most (80-90%ish of their investment). Ask any money manager that has a fund if they lost money like that if they would be in business. So why do people continue to believe in individuals that have no business being in a fiduciary capacity?
Sentiment: Strong Sell
I'm not a happy camper here, but you are talking rubbish, Mister! A total BS masked behind a perverse "objectivity" of yours. This is a highly speculative stock, often manipulative just like a wast majority of novice micro cap bios, but it is NOT a garbage company by any means! One needs to know the entire history of this Co. How it got where it is now - a highly promising area of personalized medicine and unique cancer testing. It is by FAR more advanced and diversified company than it was only a year ago with growing revenue, broad collaboration portfolio and a very promising pipeline of products. KB is a SOB for his good and good of the company but he will get where he wants to be and make it into a $1B market cap Co. in the next 2-3 years. Just stop polluting this board with your pseudo sincerity, move on!
And just for clarification's sake, exactly how long were you a "long" before you sold? I've traded this stock and held a core position for three years now, and that's what I mean by "a long." You popped up on this message board last week. Gee, I'd like to believe that your post on this string is as altruistic as you claim, but you just don't have the "creds" yet. Stick around for a year or two and show you really understand the company, and then make your claims. You're so new, you don't even realize everyone else on this message board has gone over all the weaknesses you seem to think are so insightful and original. Why don't you try balancing your bashing with a consideration of the potential "on the horizon"? You won't do that, because you really are a short seller, and are trying to cover that fact up with protests of oh so noble intentions.
Mike the problem is funds don't invest in garbage companies. You don't get a respectable valuation just for the hell of it- you have to earn it with strong products and sales. No fund will touch this company with a ten foot pole
Sentiment: Strong Sell
DIsclosure-i'm a former long that got duped into a terrible company. Please if you value your money sell. I am not a short, just a realist who sees trouble on the horizon. How does 400k revenue support 45 employees. LOL this is sickening.
Sentiment: Strong Sell
Obviously there are lots of problems with ROSG. Low valuation problem however is in part caused by the shift in investment style. Funds are taking in more money to invest and individual investors form a smaller portion of the market, compared to several years ago. Large funds, with all of the money they must invest, can't take the time to research micro-cap stocks like ROSG. Even if they did, they couldn't invest enough money to make a difference without driving the price much higher. Much safer for a large fund to invest in AMGN than a company like ROSG.
So that leaves it to the retail investor or active trader to own shares. The retail investor is scared off too easily and the traders simply look at short term momentum, attempt to extract a profit and move on.
If ROSG were able to build market cap to $250 million, they'd start getting some fund interest. Right now GS, MS, and WFC hold less than 25K shares.... combined! As it is, every decline in price makes it less attractive to the big boy and girls.