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Response Genetics, Inc Message Board

  • knewhywould knewhywould Sep 13, 2012 8:39 AM Flag

    Frank wuz up dude!

    Sold my RGDX long time ago for a nice profit. Haven't checked back for over a year.
    But the Glaxo investment got my attention.
    Frank can't believe you are still here!
    What's your opinion of the Glaxo investment? Do you think they will ultimately buy the company?
    Is it time to get back in?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • YESits good! YES they need a Dx play like RGDX! YES get back in...SORRY LT just said BUY today...hurry knewIwould...I think you have some time left this week!


      RGDX still my biggest Dx play...holding a BOATLOAD...that TB is quite a if he can get the troops to go out and deliver...I really liked the CC the other day...this (below) is HUGE imo knewIwould...

      The Company also increased its gross margin in three consecutive quarters from approximately 25% for the fourth quarter of 2011, to approximately 32% for the quarter ended March 31, 2012 to approximately 37% for the quarter ended June 30, 2012, to approximately 49% for the quarter ended September 30, 2012.

      Gross margin is Net Revenue less Cost of Revenue.

      How long they can maintain this 49% GM is up for grabs..but TB deserves a lot a credit as the new CEO imo!


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