While the analysts at the underwriting brokerage firms seem to be supporting the stock this morning in reports talking about possible acqusition values and the excitement of the technology they also are reducing their key growth measures going forward AND they are avaoiding comments on potential competitors. Analysts not part of the underwiting group seem to even more conservative.
Does the king have no clothes on? Soon the PSCHCOLOGY may shift to survivability. Accountants may have issues at year-end. Next 2 QUARTERS OF CASH DRAIN will raise further red flags. Reimbursement delay issues, sensor probems, sales force prodcutivity, manufacturing issues and potential competitor annoucements are going to weigh heavy on this stock. Watch for insider transaction to gauge insider panic or optimism.
Several catalyst could result in capitulation and $8 price> What good news is available to help stock?