Once BIOL Posts Q4/2012 Results On March 6th, Its Share Price Will Scream Forward Toward $5.00
The investment community will get a very nice positive surprise when BIOL posts their Q4/2012 results on March 6th. In a nutshell, it will show that CEO Frederico Pignatelli and team are guiding the company toward significantly increased growth and finanancial stability. I fully expect to see BIOL at $5.00/share in the very short term. I rate the stock as a "strong buy"
Techie, will you tell us the day after you sell this time? I respect you buying low and cashing, but think it poor form to sell and then tell the board you sold a month later with the stock down another 15%.
Hey retired, What if Lookingforatenbag shorts the hell out of at $5 like he claims. He says he can't wait until it hits $5, so he can short it. We will see! If he new anything about shorting he would know there is a way to short at any price. Some folks wouldn't recognize a ten bagger if it chewed on their back side. We could have a real winner here.
Please know that "Lookingforatenbagger" will take the wrong turn if he shorts BIOL at $5.00. BIOL will become a real growth story over 2013 and into 2014 with profitability coming very soon. CEO Frederico Pignatelli has this company poised for vastly better times ahead. I want to be a part of that story. I'm into BIOL on a long term basis which for me means 12 to 36 months. This stock should provide an easy 2 bagger within 12 months and more that that given patience into the longer term. Those who have watched BIOL over the recent past need to dis-associate themsleves with that past. The future indeed looks very bright for BIOL as we roll into future quarters. The quarterly report tomorrow, Wednesday, March 6th, will give the investment community a nice glimpse of what can be expected through 2013 and into 2014. Hang in there my friend and I intend to do the same. We are on a pathway that will lead to a serious money maker given our postiion in BIOL.
As I wrote, I'm small time and do most of my trading through E-Trade. Even over $5 they wouldn't lend Biolase stock to short. I had to call an old friend at Merril. Merill charged me 7% interest, kept the money for the short and forced me to pledge stock as collateral against the short. 200% price protection! After the price had fallen 35% they still wouldn't reduce the collateral. Life sucks for a retail short, but when Biolase true believers want to give money away, I just can't resist.