play the guessing game.
Berlin stated in the October business update conference call the first Medicare reimbursement payment was received in July. So we know MET^2 is selling, but how many test kit sales will make the market happy? My guess is anything less than 150 MET^2 test kits sold since July will be a negative number. Assuming no revenue from other product test kits sold (not likely) 150 MET^2 test kits sold will put revenue at $535,500 (150 x $3570 (Medicare reimbursement rate)). Exceeding that number, along with positive forecasts, should move the PPS up, anything less and the PPS is in trouble. JMO.
Recently spoke to ROSG related person and was told that SALES ARE VIRTUALLY NOTHING... only 5-7 tests per week from the only ROSG sales people (only 5 of 8 still remaining) and almost no sales from the Precision Therapeutics team.
5-7/week; what time period? if we assume aug as that's when the ptic deal was signed, that works out to
20 weeks (sept-jan) x 7 x 3457 = $483,980
if not in aug, still 5-7 tests per week works out to $17k-$24k/week
approx $20k in revs per week is hardly "VIRTUALLY NOTHING"
that works; still need to know the margins, but approx $20k/week in revs coming in (5-7x3457) will get the markets attention
Sentiment: Strong Buy
I think a better way to view the sales data is hoping they show more that $300K. That would put it 100K more than 2011. I think that anymore would be optimistic but not highly optimistic. Additionally, I look for anything less that $250K in sales to tank the pps. We will get the usual pop on sales data but those that look at ROSG realistically will pull the pps back down. I will sell out all of my little 1K shares I have left. I think many are becoming bored and want to put their money with something that will move up 5% this year.
Take a look at the (DOW). No flirting with 14K again. Look at the order book for corporate jets! And now the silly consumers are being a little more positive. So, there are many good companies to be long. FSLR and housing stocks are moving and have moved for the past 3 months. Transportation stocks are moving up. SWFT is up a bunch. The two largest home builders are up almost 80% in the last 4 months.
So, that little $4K I have tied up in ROSG could be making some money for beer this Memorial Day. I do need lots of beer for the Indy 500.
But really, I watch ROSG very close but not bury my tail in it. I need to make money and ROSG is not the short term symbol I want to play.
If that's the best we can expect from any "sales", then this companyt is more pathetic than I thought. Your scenerio would suggest a re-test of the 52 wk lows which is WAY under $2. The more people who buy this and get burned the less there will be to buy more shares in the future. Bankruptcy seems a real possibility here.
Ha, you guys are debating all of this as if it matters in the stock price. If Mr Institutional owner/pumper decides tomorrow this stock is going to $16, you better believe it will, I have seen it go there and past. The main concern is if it beat expectations. Companies can loose money, but as long as they loose less than expected, stock will rise. This isnt even a stock, its a pump and dump money maker for fat cats.