What is massive dilution? 1 million shares, 2 million. 5 million? Whatever the number, raising money as the PPS increases is good for long- term investors. People invest in companies for future returns of capital and big individual/institutional buying means they believe the company will be able to generate positive cash flow. In 2012 TEAR raised capital on two separate occasions, which helped fund the company and double the share price. Due to their efforts, if they need to raise capital today, they will be doing so at a much higher valuation. The reason they are able to raise capital at an increased valuation is because the market opportunity exists and they are beginning to capitalize on their sales efforts.
Management is heavily invested in the stock and they have given us no reason to doubt their motives.
Nice post. You still holding tear or took your profits? I took some profits on the run up when Feltl upgraded but was only to reduce my margin %. Still holding a substantial amount and I'm excited about how everything is panning out.
How many devices do you think they placed in the masters program? In the research paper provided by "CHLM" shows that one doctor ordered 12k cards last QTR that's doctor is based in NY and holds 4 large hospital style complexes.
I expect some revisions in targets after earnings and perhaps some large players stepping in. Morgan stanley and Bank of NY Mellon bought in last QTR it can be seen on institutional holdings so coverage could be initiated by new players.
Massive dilution is selling millions of dollars worth of stock every year. So far it is working since they are getting people to buy the new equity. If it dries up, it gets harder to survive since they would have trouble with debt offerings with their balance sheet.
You conveniently keep ignoring the fact that they were still in product development stage up until last year. Even then they spent a lot less on getting the test ready for market than most device companies. They only started the real commercial roll out phase mid 2012. Now balance sheet is being used for GROWTH and lots of it. Enjoy. Looks like you are going to self banish from this board in about 36 hours. Stock below $7 you said. Remember? NOT.