Yes.....I'd buy equipemtn from Stryker first. But yet why do hospitals keep piloting and buying Streamways? Hmmmm.maybe a better product? Stryker has a death hold on the purchasing groups, so why not just buy out SKLN?
I hate to poo poo on your parade, but ADMD's product is far superior for multiple reasons. It should get approval in the next week or so.
What in the world are you talking about? The FDA can pretty much do damn well what they want. Given the weather and holidays, my guess would be mid Feb. What's your bone to pick here? Short the stock if you want, but I truly don't get the bashing. How do you know that the FDA responded back to them in Jan? They did not publicly disclose that fact, so it sounds like you are in possession of insider information to me.....careful what you say.
Also, if you are short, you might makes .06-.07 if it goes to zero. With approval, you are in deep poop. On my binary bets, I like to have at least a 3:1 return potential....meaning if I am willing to lose a dollar I better make three. Good luck bud.
Seriously, I'd just like to hear the rationale for bashing. Are you a disgruntled investor at .30 or something? Hate Jim or Kenin personally?
Look up the difference between cesium and the yttrium-90 products. The y-90 has a much shorter range of damage (and a few other positives) and if approved would make Isoray's product obsolete.
Wow. You really know nothing about this company. It's a bet on RadioGel. Like a biotech. 90 days from somewhere around Nov 7 to approval or not. It'll be a 1.00 stock or back to .04 while they figure things out. I like the odds so I am long. The 10Q is really meaningless at this point.
What are you rambling about? What "developmental" company doesn't have debt or zero to low revenue? The debt is all in the form of converts from the largest shareholder. Come back in 90-180 days after the FDA approves the RadioGel. Then we can listen to your idiocy.
Trading was fun to watch today. Some seller got stuck with 700K near the close. It looked like a bluff to me, and they got picked off. It would be good to get through .06 tomorrow and make them puke it.
Alright. For the disclaimer...I am long a pile of stock north of .10. Why .10? that is where the stock was trading when we finished our due diligence on the probability of getting the RadioGel approved by the FDA. We liked the odds, so we bought the stock. Folks, this is not a current revenue story. It is a binary bet, with a revenue story that can save your investment but will NEVER make a multiple. The multiple is coming from RadioGel and is a very short term story. The Moly 99 project is an amazing one, but is 3-4 years off and will cost the company north of $100MM. That is a multi-billion dollar story, but out of my personal time frame. The other HIGHLY OVERLOOKED fact that really gets my attention is that every large investor, including the CEO, is from the same little bitty town in WA. This means to me that the entire town is probably shareholders, and if you look closely, you will see that Carl himself has been funding this company month to month. So what appears to be a godawful financing risk, in reality, probably is not. They can't let it fail and expect to still live in this town. Maybe Argentina, but not Kennewick.
The clock started on the RadioGel when the release went out. So now we have a definitive clock ticking down.....from 90-180 days for a PASS/FAIL grade. RadioGel and it's sidecars are a multi-hundred million dollar a year market. Am I willing to bet $1 to make $10-15 if it get approved? Damn right. Is there risk that my $1 goes to zero? Yes, but a good portion of that gets mitigated by the other rev sources and the too big to fail for Kennewick.
I am long and buying more. I like the risk/reward on RadioGel. Everything else is fluff for now.
Sentiment: Strong Buy
Longs- please have your broker move your shares from your MARGIN account into a CASH account. There are a lot of shares in street name. You can't margin the shares (obviously) but if they are in your your margin account, your broker dealer can borrow those shares from you to lend to someone else. By removing that ability to borrow, the short has to cover or face illegal short selling.
Sentiment: Strong Buy
These guys bought SKLN at .07. They bought here at a much higher price. Check the 8-k's. They love small caps and are generally successful in helping co's raise capital and get the story out. Kaplan works with these guys on a few of their common investments: MRIC and CNDO are a few that I could find. Overton is new on the scene....we'll see what happens.
Item 3.02 Unregistered Sales of Equity Securities.
On March 14, 2013 (the "Closing Date"), BioDrain Medical, Inc. (the "Company") sold and issued to Brookline Special Situations Fund, LLC, (1) 7,142,858 shares (the "Shares") of common stock; (2) a warrant to purchase 7,142,858 shares of common stock exercisable at an exercise price of $0.08 per share (the "A Warrant"); and (3) a warrant to purchase 3,571,429 shares of common stock exercisable at an exercise price of $0.15 per share (the "B Warrant", collectively with the A Warrant, the "Warrants"). The Shares and Warrants may collectively hereinafter be referred to as the "Securities".The Warrants are exercisable at any time after the Closing Date until 5:00 p.m. EST on the fifth anniversary of the Closing Date.
Don't get me wrong, I still think this is a fraud. If it is a fraud, they will have a strong rebuttal....if it is not a fraud, they will still have a strong rebuttal. Investor psychology and strong hands win the game on this one, as a stock that does not go down on bearish news is not bearish. A short yesterday has covered today and happy I did not lose all of my profit. Have fun longs, as i think a big ride is coming up, regardless of the validity of the underlying.