Settlement Date Short Interest Avg Daily Share Volume Days To Cover
8/15/2014 734,875 487,849 1.506357
7/31/2014 630,443 1,236,903 1.000000
7/15/2014 965,716 612,567 1.576507
6/30/2014 2,379,160 692,713 3.434554
Read more: http://www.nasdaq.com/symbol/neo/short-interest#ixzz3CBgfACJl
At this price this is very low risk.... You are correct this is a Loooong term investment..... Buy and hold for couple of years if you can handle the fluctuations. Thanks for sharing your thoughts
From the CEO update on Progress Millennium Medical Devices has begun the official launch of its current product lines. The product launch marks the conclusion of product beta testing and the initiation and development of product roll out and revenues for the Company. The Company is now focused on product distribution, execution, and training for the previously announced 1,300 locations now in our distribution network through various network selling agreements... Mr. Perry commented, "We are anticipating a dramatic increase in revenues in the third quarter, and an even more significant increase in the fourth quarter 2014. We are rolling out our technology every day to new physicians with an outstanding rate of usage and integration. Training and integration have been key thus far during our soft launch."
The Company is currently launching its medical equipment and device business. This business focuses on strategic alliances and partnerships with medical device companies that provide innovative medical devices that utilize cutting edge technology, are cost effective, and FDA cleared. Devices the Company elects to distribute are focused on preventative and diagnostic testing and care with the anticipation of detecting potential medical issues in their early stages yielding positive medical outcomes for patients. All of the products that the Company distributes have obtained necessary approvals and certifications and are reimbursable under current medical procedure billing codes. As the Company continues to launch and grow this business, it continues to secured network selling agreements with US based healthcare organization for the use of its medical devices within these organizations' managed locations. These network agreements include average monthly minimum usage requirements for managed locations. The Company continues to procure and take delivery of device inventory for distribution in fulfilling these agreements during launch and rollout. The Company has also secured office space in New York City, New York, which will contain executive offices, and warehousing space in Boynton Beach, Florida, which will house regional inventory, distribution, local management and training facilities. The Company has also entered into at-will employment agreements to facilitate the regional roll out of the Company's medical device business.
Nope... have no idea who racavelli is.... I tried to add more when price went below .5 but order was not filled then stock went to .7 for one day .... Now that the thing dropped to .4 I added. If we rally to .8 on no news I'm selling . If positive news move this guy I will hold to $2-3. GLA
I was looking at short interest and noticed on 6/30/2014 it was almost 2.4 mil shares then on 7/15 its less than 1 mil so 1.4 mil shares were covered in that time .... explains some of the run up from 3.03 to over 5.50... I m very curious to see the numbers on 7/30/2014
I'm long this stock (IMO u have to be out of ur mind to be short) but I wouldn't mind price dropping in near future I would like to ad more. All longs here are betting on future and it is just a matter of time. GLA
so we end up with10 times avg. over 1 million shares traded but price remained in check that tells me some big (s) wanted in and market makers held price down for them/him to get in... Now lets see some serious move up.
if one is buying or selling a stock based on what he reads on a message board he/she deserves to loose all their money.
Looks like some longs are cashing out. IMO this is a good opportunity to pocket some profits and I think 3 will be available to buy. I see a market correction coming and once earning CC is done selling the news action will take place. What we are seeing now is called buying the rumor. All are my opinions do your own DD.