its called resistance levels, most take profits wait for pullback and load up repeat. many hedgies waiting for earnings, still losing money, Colongard appears to be penetrating markets, but remember most doctors will not give up on the more expensive procedure (margins are 10x better) needs to get nod from FDA for standard procedure. Will take time to to convince the greedy medical profession.
Don't trust any of those mentioned, they all have motives, in bed with most hedge funds, whatever they want they make it happen. Farce..
50k is nothing if you are worth 50 million in net worth between the both of them. These guys may be smart but smartness can blind your strategy if the business model is broken. Oh by the way it's broken, they have been in business IPO launching for 4 years now, at what 15 a share. Lost 97% of it's value. Cloud business true is growing and fast, it's just the big boys have a death grip on the the sector and the money to team up with big partners. These 2 million dollar deals not keeping up with burn rate. Just don't see the business model working. They need to cut salaries and capex, re-group, Start over....
I believe CEO'CFO's can make same mistakes be it, ego, pride etc.., as regular investors, regardless these executives, have money, and have an exit strategy, they will be fine. Volume is meager, just no conviction from buyers. under a dollar junk status, Mutual funds can't even buy under 5 a share. I understand your feelings Chazz, I too have been swept up in the maelstrom of "what could be", they just don't have the muscle, salesforce, or partnerships needed to become profitable. These small deals are peanuts, and the 25 mil you mentioned are from the broken backs of shareholders.
come on Chazz face it, many of us commenting here have been onboard since the beginning, Your problem is you can't let go of this loser, you need to cut losses and move on, never fall in love with a stock. Huge mistake I lost a boat load as well so I have a right to comment. Proof is staring you right in the eyes. Delisting around the corner, they will have to either sell debt or dilute, reverse split, anyway you look at it, we will continue to get hurt. I don't have years to wait waited long enough. Sorry...
all they did was destroy stockholder value, company is basically worthless. Other then intangible IP, and patents. There is nothing there, management sitting around collecting a pay check, Sat on there Laurels way too long.
look my man, the stock says it all, not trying to be difficult, just pointing to there just released 10Q, did you read it???? This stock has done nothing since IPO. anyone who has held it since then is down almost 90%. Not sure what your looking at. All I have seen is RED...
should have never went public, there burn rate cannot sustain company. OH boy?
any thought on what they will do? NOT HAPPY with management
who's buying? Tks.
Need some good news here, Management better be landing new contracts, not enough conviction for buyers. Thoughts?