Bot at $6 and sold between $14 and $22 - now on the sidelines.
The procedure works. I like the gross margins on repeat procedures.
Why aren't they making money yet?
One problem is that people are private about word-of-mouth - this so you don't get the network effect in the marketing, so marketing costs will always be high. The royalty also kind of gets in the way of profitability.
did you hear'd of investors business daily IBD in short? the first lesson of IBD , and its a mistake a lot people doing, is to look at valuation in the beginning of a stock uptrend, market is looking at the growth story here, and it can go much higher before its turned to a profit, b-c the market is looking for future earnings.