Good article, spot on. We'll see if the retail investor starts to move in. For now, it's looking like the share price will not budge much (at least this morning). The news should get us well past $10-12/share, IMO.
Of all the details that I've read so far, the following is probably the MOST eye catching!! "NeoGenomics also revised upward its guidance for fiscal year 2016 today. The Company now expects full year 2016 revenue to be in the range of $242 - $252 million, Adjusted EBITDA(1) to be in the range of $35 - $40 million, Adjusted Net Income(2) to be in the range of $8 - $13 million, and Adjusted Diluted EPS to be in the range of $0.08 - $0.13 per share."
Even for this usually quiet board. Scratching my head and wondering, "Does the train leave the station tomorrow?" Even under the most modest circumstances, the co. is now double the size and should command about double the market cap. My fingers and toes are crossed. Tomorrow will tell.
Dude, the new COMBINED company has a predicted revenue of $57 million. You are suggesting that they will come in $37 MILLION ahead of estimates???? If they could pull that off (and there is no way in hell they will), they would be the hottest company in the country!! They would shoot to $50/share in a week. What are you smoking????
are all over the place for 2017. the range of -.13 to 22 cents is huge and means that no one wants to make the big move until this gets some more clarity. I doubt there is any downside here and surprises to the upside will open the gates. Next quarter consensus is $57 million. I predict $59.5-61.5 million. Anyone else care to make their prediction?
Hold for the run of this economic cycle, you'll be glad you did. Gold is on track to push into the $2000/oz and above in the next 24 months as the effects of all the economic easing measures work their way into the cycle. McEwen sounded almost crazy a couple of years ago with his prediction of $4-5k/oz gold, but it doesn't seem so crazy now.
Never hurts to have a major news outlet talking up the technical trend in share price. I am upping my personal estimates for % gains MUX vs. % gains in AU. Starting to look more like 7/1 gains rather than 4/1 gains. I'll take that any day. Now, let's see AU push past that $1250/oz ceiling and break out to $1300 and above.
Yeah, but no love (yet). I've never heard of the covering co. and their price target is only $8. I suspect that if we surprise on the upside for the next quarter, we will have a bump much more generous that the dollar and change that they are expecting.
I have long held this as a hedge against the inflation of the next economic cycle. As the economic policies have been somewhat different in the last 8 years (the tinkering of money supply via the QE's have moderated the inevitable devaluation of the dollar to some degree) but I suspect that the devaluation will play out in a long, slow unwinding that pushes gold to higher and higher highs, and this will be a sustained increase, with levels unseen, from a historical standpoint. Long time coming and will be with us for a longer time.
I expect at least one updated analysis from a covering analyst, with a new price target, this quarter. I would not be surprised if we also got 1-2 new initial covering analysts' reports. The merger is complete, time for the number crunchers to get after it.
BTW, if you missed the comment on the upside potential to any improvement in FISH reimbursement, know that this will be a real kick. CMS has punished the reimbursement and annual adjustments are inevitable, this time to the upside.
We beat by $0.7 million. Earnings a little lower, but that should not be a problem as we have more transition expenses. It's now all about how the merged company will perform and 2016 expectations.
I did as well, another 7K shares. Fully locked and loaded for the long term. I will tolerate indifferent news on 3/1 but hoping for something SPECTACULAR! ;). Good luck to us all.
And the march of gold continues this morning, along with the news of an acquisition that makes Gold Bar a bigger play, potentially. It's looking like we get 4% share price improvement with each 1% increase in gold. I'm hoping that continues.
I haven't looked at the short position for some time, but it's up. If our numbers look good on March 1st, we are going to be on the move. I see little on the downside as the market has already punished our value.