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BIOLASE, Inc. Message Board

  • retiredtechie retiredtechie May 16, 2011 1:33 PM Flag

    RT: Recovery Is Now In Process With BLTI

    I believe the recent share price decline has run its course. I'm now looking for a decent recovery. BLTI will be a very good one for those folks that maintain patience into the long term.

    Cheers and good investing,
    Retiredtechie/RT

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    • Another bold prediction from May 16, 2001. Biolase closed at $4.16 that day.

      Sentiment: Strong Sell

    • One would have to ask, "Why?"

    • Institutional or insider purchases were just made from $3.97 price as volume increased in a quick spike.

    • Hi RT
      I'm new to the BLTI story and was wondering about the historical revolving door of management. The current CEO has been Chairman and was the Founder so he's been around the whole time. Any insights to why the management changes so frequently ? Seems like you've been around here for a while

      • 1 Reply to gam_65
      • I thinkt eh follwouing table would explain the constant changes in management: One has to do something after you have a $40M earnings swing just after the company's secondary offering.

        Year...$/share....Net
        2002.....0.05.........$1.1M
        2003.....0.91.......$19.0M
        2004....(1.00).....($23.2M)
        2005....(0.76).....($17.5M)
        2006....(0.20).....($4.7M)
        2007....(0.31).....($7.3M)
        2008....(0.38).....($9.1M)
        2009....(0.12).....($2.9M)
        2010....(0.49).....($12.0M)
        2011....(0.03).....($0.75M) through 1Q11

        Yup burned through over 70 million under Freddie's hand selected management teams, but don't worry, "He'll do much better now!" ROPFLMAO

    • I don't concern myself with day to day price movements, which we all know can swing wildy in either direction. But I see a positive trend in operations which I've invested in. My thinking is I'm comfortable with a long term hold from here.

      • 1 Reply to pfewl
      • I'm into BLTI for the long haul too and I fully expect to see $10.00 to $12.00/share here within 12 months. This outfit had some bad apples on the previous B.O.D. That entire group was recently replaced with people with whom we can now look to with strong confidence. Beyond that, CEO Frederco Pignatelli is a very wise man with excellent strategic vision. With good support now in back of him from the B.O.D. level and with a vision that will lead to fast growth, this company will go places real fast and I dare say that will lead current shareholders to much higher share pricing over time. Those folks that bash here need to be ignored because they are simply on the wrong track. They are motivated by their own agenda and you better believe its not in the best interest of those who are playing this stock from a "long" point of view. Time will prove that I've hit an easy bulls eye with BLTI - - - its a "strong buy" and accumulation at current share price levels is highly recommended.

        Cheers and good investing,
        Retiredtechie/RT

 
BIOL
1.98-0.01(-0.50%)Jul 10 4:00 PMEDT

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