vatking2 usually I do like your comments about abaxis, but now I think you got carried away by your optimism. Do you really think that abaxis will sell 300 Piccolos in this current Q? I think Picoolo sales will rather be around 150. Don't forget unit sales benefited last Q from a short term product promotion at PSS! But what about rotor sales? I think after last Q lumpy rotor sales, we should see a strong pick up in the current Q. I don't know what kind of impact will the next-generation picclo 2 have on sales? As far as I know the launch will only be in June ore even later. I do think some customers might wait for the next-generation piccolo 2.
But I agree with you that the next target will be $ 25. I even think we could see $ 30 untill the end of 2006!
Abachick stop your bull
Yes bbfinus you are right, and some of this guys seem to be the same people just writing under another name and constantly trying to talk the stock down.... I think we will only have to wait for 1 or 2 more q results and the stock price will move well above 20! The daily chart starts to show some kind of support in this area. Short therm momentum is building up and I can see some positive divergence. I think this are some clever investors starting to build up positions at nice price levels! Watch out!
Just give us a break with your forecasting!!!.... All message board readers know that you are a fired, frustrated ex Abax employee. You recommended to sell this stock around US$ 4!!!! Where are we now?.........??? Soon we will see another good Q! Actually we are in a period of consolidation. No wonder after such a good performance!!! At the end of this consolidation we will see the next move up to US$ 30!........ And you will be proofed wrong again!!!...... Just leave us alone and stop your
A lot of "smart" people on this message board recommend to buy or sell abax shares. I would suggest to all of them, please let us know if you are a trader or a investor. Why? Traders and investors are thinking in diffrent time periods. In my opinion everyone who recommends to sell or buy this stock should also mention his price targets. Afterwards it will be easy to check the quality of those diffrent forecasts. For example, you can check my forecasts over this messag board, which I made in the past. If you like, do it. You will recognize that I am a investor and I am holding a nice position in this stock which I bought for an average price between $ 3 - 4! I don't trade this stock because I have a clear view where this stock can go to. But I also know a lot of people who tried to be clever and traded this stock on its way up. Most of them failed and missed the big move!!! I don't wan't to mention what all this "super smart shorties did....!!!
My forecast: We will see this year abax moving over $ 30. Why? A share price is mostly looking 11 - 16 month ahead of itself! I guess that abax will earn in its next business year between 40 - 50 cts or even more! A year after they can earn between 75 cts to $ 1.00, it all depends how they are getting on in the human market. Therefore is this stock expensive at the moment? No not for me as an investor. I think this stock has the potential to move above $50!!!............ My advice, hold this stock and enjoy the uptrend!..................
It seems you are following my statements on this message board quite close. I am yours as others as well. I don't care if the stock is first going down to $ 7 or up to 10. We both and also some other investors think, that the key attraction for investing in this company are the recurring revenues from rotor sales. Abax might sometimes grow fast and sometimes a bit slower but one thing is sure, there is a huge market out there to go for. The company will get their market share and soon we will be talking about stock price targets between $ 15 and $ 20 as fulhamvip mentioned. You might know that my long therm target is between $ 50 and $ 100! Short therm I agree with you. We will see $ 10 before the release of the current Q results. Therefore I see no reason to trade this stock. It seems that there are a lot of smart investors accumulating this stock every time it has been traded on lower levels. Soon the stocks will change from weak holders, profit takers and traders into investors hands with a long therm view. That's one reason why this stock will be going above $ 10.-- within the next 2 month!
I agree with you if ABAX hits $10 it should be due for a consolidation. But I belive that the stimulus for the price rise was the uptrend in rotor sales for the piccolo. Last 3 Q rotor sales for piccolos went from 18'000 up to 36'000 and last Q up to 54'000. To me it seems that investors, institutional and others have realised that Abaxis is starting to show the kind of performance in the human market we all have been waiting for. With the 3 new rotors, which will be sold into the market in this Q, it should even be easier to sell piccolos!!! Another key success factor will be the recuring revenues. I guess in the current Q they could be above $ 7 Mio.! So I can't see the stock price falling back to $ 4.--!!! But I know one thing, there are a lot of investors out there who missed this move and they are just waiting for a setback. Either they will add to existing positons or buying into Abaxis as new shareholders. In our forecasts we didn't even consider a bigger order for piccolos! What will happen, if they get a order from VA or a country like Iraq etc. for 20 - 50 piccolos? I think this stock would start flying!!!! Therefore this stock is a strong buy (= my long-term sentiment). I don't try to be clever and won't be trading. I would be very angry about myself if I would be out of this stock and the price would take off!!! Ask only all those bears which sold between $ 4-6!!!! The long-term potential of this stock is huge, in my view above $ 100.-- in 4 to 5 years!!
If we look at the volumes traded in Abaxis in the last couple of days we might have to come to the conclusion that there is institutional buying going on in this stock!
All the bears have gone even on this message board!!! And why, because they have been prooved to be damed wrong.
Why is the stockprice going up so strong?
If you listen to the conference call or to the comcast interview, everyone will realise that at the end of August or beginning of September we will see 3 new rotors coming out for the human market. So it seems that the company is on the right way to the breaktrough in the medical market. What will happen? Soon we might see a big order for the piccolo or a nice increase in piccolo sales over the current Q. That's just what everyone is waiting for! I believe that we see US$ 10.-- before the next results!!!!!
If you would listen to the conference calls you would know the targets for the Piccolo. Besides the Army there are plenty of small hospitals and urgent care centers in the USA. There are a lot of opportunities in these markets and if Abaxis gets 10 - 25 % or more of this markets, the share price will be far away from your $ 7-8 range. I think that you are also one of this frustrated ex Abaxis salespeople. I asked you, to give us your forecast concerning sales and eps for Abaxis next 2-3 quarters. But it seems that you are not capabel of doing this!!! You try to spread some bullshit about Clint and his CFO!!! This is unfair, but they will prove you wrong at the 31. July with Abaxis Q1 result. At the end of this year we will talk again and have a big laugh about your stupid forecast for the share price!!!!
If you think you know Abaxis so well, just give us a forecast for Abaxis tunrover, eps etc. for the next 3 - 4 quarters! Then we will be abel to check your estimates! I think a couple of people on this message board still don't realise that the sales cycle of Abaxis has just begun. They all will be surprised by the growth and also by the move of the share price in the comming weeks and months.
But in this case you don't have to tell people on this message board to sell Abaxis. Just do whatever you like and don't give allways those negative comments about Abaxis. Let real investors take the full advantage of Abaxis potential. After having read your last message, you might even agree with me, that there is a huge potential in the stockprice of Abaxis. You are just not this type of investor who rides those trends!!! You are a short therm trader not a investor!!!!
For me, this stock has a fantastic potential and I will try to make a lot of money out of it.
I don't agree with you stock-scallywag. No matter at what level you bought Abaxis shares in the past, a investor has to look into the future. Abaxis has the potential to move in 1-2 years up to $ 20 - 30 ore more, it all depends on various reasons. I mentioned a lot of diffrent reasons in other messages before, so I wan't repeat them in this message again.
You, wallst666 and jenordald are telling readers of this message board to sell this stock for various reasons (if people are interested just read old messages from those fantastic forecasters). For example for a profit, this is your newest version!!! What should a investor think about your forecast in one or two years after having sold Abax shares between $ 6 - 6.80 (because of your advice)??? By then the share price can be well above $ 20??? This will be a fantastic performance for a 2 years time period, therefore people should hold this stock for at least 3 or 4 more quarters and check the q results in between. If the results will be good just hold or add! If they are not according to your expectations you should listen to the conference calls and then you might understand the future potential of this company a bit better!
Anyway it looks that most investors are bullish about the future of Abaxis just check the chart! Volumes and the price are picing up ahead of the results, so people think that Abaxis will show us a good set of figures. Let's wait and see.
I belive the sales cycle of this company has just begun. The next quarters will show us if I and a lot of bullish investors are right. After the last q results I am more confident then ever.
I am not a employee of the company nor a paid agent from the company etc. and I am not writing messages under other names. Do you know what I am? I am simply a private investor who follows this company since a while. I bought a nice position in this stock and my average cost is around $ 3.50.
The reason why I am writing messages on this board is quite simple. I am fed up with stupid messages from you, wallst666 and jenordald etc.! It seems as some of you are fired ex Abaxis salesmen. All of them are always complaining about Clint and the reason is, he has fired some of this salesmen in the past and he will do this in the future as well, if they don't hit his targets!
I am personally a big believer in charts. Charts tell you a lot! The reason is simple, in charts you can see all the actions from all the people who put the money where their mouth is. I think everyone agrees that a lot of people together have a broader knowledge about a company than one individual person. This accumulated knowledge can you see in the share price. At the moment the share price of ABAX is rising, therefore most people think that Clint and his team are doing a good job and they expect good figures for the next quarter etc.
I tried to explain reasons for that in other messages before. Main reason might be, people belive that Abaxis is going in a sales cycle with strong growth and profits over the next couple of years. They made new distribution agreements and hired new sales people. They have more diffrent tests to sell and the menues are getting broader and broader. Abaxis has about $ 11 million in cash, the company is profitabel and they will have a nice cash flow in the future. The piccolo sales will be very important for the future. So let's wait and see how they develop in the next 4 quarters. For that we have to give the company some credit. The strong figures from last quarter are showing us that they are on the way to deliver!
Now back to you and some of your friends with your negative bullshit. You are not abel to giving us simple and good reasons why we should sell this stock. The chart and the rising share price are telling us, that most of the people are bullish about the future of this company and they give a shit on your negative opinion and comments.
jenordald sell all your stocks at 7 and go short if you believe in your thick thoughts
wallst666 put your money where your mouth is and go short, you forecast 3.50 for the year end, therefore this could be a good chance for you to make some easy money
stock_scallywag put your money where your mouth is and go short as well
After that let us alone on this message board untill the end of 2003. Let's compare then who made more money the longs or the shorties!!!
As mentioned past performance is not future performance!!! Abaxis is going into a sales cycle. They are employing more salespeople, they made new distribution agreements, they are lunching the piccolo with a couple of new tests which they didn't have in the past. They have enough cash a good cash flow and a big market to go for. So let's talk again at the end of this year meanwhile leave us alone because we are fed up with your bullshit!!! Did you get the message???
I like your comments and also your recent idea. If those bears want to bet against us, they should go short in ABAX and tell us. In one year we will have big fun.............!!!!!
When I read this bearish messages from stock_sallywag, beaten_again and genious pjr754 (strong sell advice at $ 4.-- 7/29/02 msg. 3136!!!! where are we now???) I must say they can only be ex salespeople from Abax who change their name on this message board from time to time. They might have sent earlier messages under walst666 or rotoraborts etc.!!!
It seems they don't follow what the company does. Didn't they analayse the last Q result. There are many reasons why the share price takes off, some of them are mentioned in messages 3399 fulhamvip, 3405 abax10 and 3406 schoolydrule as some examples. Fact is, that there are more people buying this stock then selling = higher share price. What are they doing? They give the management some credit for the future. This company has a strong balance sheet, generates cash, is expanding its salesforce, will have a strong growth etc.! The razor blade model is a fantastic story and will generate a good cash flow in future. Just wait and follow the next 4 quarterly results. Meanwhile don't forget to add some stock or hold your existing shares in 1 or 2 years we are trading between $ 15 - 30, it mostly depends in the salesgrowth of the piccolo. Anyway just ignore those bears the share price will go up no matter what kind of bullshit they are trying to tell us. Isn't the trend our friend?????
It seems you didn't read my message 3387 about you genius. We all know that you are a bad salesman and forecaster! You recommended to sell ABAX at around US$ 3.--!!! You idiot now we are trading around 6!!! The next move will go up to 7. In about 1 month we will see good results and before the end of this year we will be trading around US$ 10.--!!! And you recommended to get out at 6.50 = another shit recommendation from you.....!!!!! Come on wallst666 give us a break and go to another message board we are all fed up with your bullshit!!!!
You are also one of this ABAX bears. But I tell you something: The share price of this stock will meet some short therm resistance between $6 - 7. But I would bet after the next results, if not before, we will move above this level. I can tell you that, because of this nice chart pattern which is building up at the moment. More fundamental reasons can you read under my message nr. 3375! I belive this company starts to produce a strong sales momentum with growth above 30% year over year and this for the next 2 - 3 years!!! As we all know there is no broker covering this stock. What will happen when they realise that this company is growing at that pace? They start producing research about ABAX!!! People as well as fund managers, will buy the stock! What about index funds they also must buy ABAX shares etc.... What about your stock overhang??? There will be a shortage by then!!!! I think Abax will move above $ 10 before the end of this year and I also agree with fulhamvip that we will see $ 25 - 30 in next 2 years!!! By the way you should listen to the conference calls. Clint mentioned in the last conference call that his next goal will be $1.-- eps!!! I don't have any doubt that he won't reach this level in the next 2 years or so!!! Where do you see the share price then????
We all remember about your strong sale ratings for example msg. nr. 3186 8/29/02!!! The share price of ABAX was at that time around $ 3.--!!! If somebody would have followed your advice, he would have missed a double!!! We all know that you must be a frustrated ex ABAX employee. We wont take you serious because you give us allways such a bad advice. If you just shut up it would be the best thing for you!!!
In my view ABAX is building up a nice bullish chart pattern. Sure there is resistance around $ 6.00 but I guess that we will move above $ 10 until the end of this year. I am expecting for this Q more than 30% growth compared to last years Q1!!! I guess we will see a turnover between 10.3 and 11.0. Don't forget this Q there are more sales poeple in the market and the distributor in Japan started selling ABAX products in April. We have also seen regular increasing piccolo sales over the last couple of Q. This is the reason why I am expecting more rotor sales for the current Q. What about 550'000 ore more this Q???
Let's wait and see. I am expecting another record Q from the company. We havent seen a bigger order from a hospital group yet. In my view this could happen any time. This are a couple of reasons why I am so bullish! In my view this stock is a strong buy and this year it will fly up in the sky!!!!!!!!!!!