Why doesn't the share price reflect it.....if the direction is positive? Who is recognizing it? Is there any institutional investor interest?
Old Ben Bernake just said the Fed is only going to buy $75 billion of bond assets/month...instead of $85 billion. The market cheered ...the Dow goes up 160 pts. Becton Dickinson...a company selling microbiology culture products like NNLX, amongst other things, jumps $1.50/share...as well as paying $2.18/share annual dividend.
NNLX lays an egg at .115 on weak volume of 20K shares.
sgsf70 -"These middle men have to still go out and find the distributors who are willing to sell and represent these foreign entities, create the introduction and build a GTM strategy, then release the product through awareness by these partners to get leads and drum up sales."
Actually, all the middle man has to do is find hospitals and testing labs in the Kingdom and Gulf states who WANT to purchase the products. The Saudis in their country either require you to form a 50/50 joint venture with a Saudi company or sign on with a trading company like this Naseem-alJazeera. Pretty much ensures a make work program for citizens in their country. Middle men/distributors move the stuff from point A to point B. All that ever matters is end user demand.
I think you need to understand how they do business in the Kingdom of Saudi Arabia...and what is necessary in order for one's product to be allowed to be sold there.
I hate to see someone trying to play golf in 35-40 degree weather. The golf ball does tend to go a lot less than the 150 yds they normally hit it off the tee.
"Coltrane's main deputies — whom he often calls "dipstick" — include Enos Strate and Cletus Hogg."
The Pumpmeister appears to have Eric & Ray. LOL
I just saw the .25 to .30 price range and volume off the Yahoo charts from a year ago...so yes that would be average trading prices for the week.
It isn't just the PIPE action. Takes about 10 seconds to see that from mid Dec. 2012 to the first week of Jan. 2013, there was a collective volume of @1.2 million retail shares traded....at prices in the .25 to .30 range. So a bit of a small crowd there who possibly (if they didn't bail already) would be coming up on the one year anniversary of being down in the 55% to 60% range on their investment. Tax loss selling pressure could be getting pent-up.....the problem is, are there sufficient buyers willing to pony up a dime/share?
Here is useful and accurate info....after all it is from the NNLX 9/30/2012 financial report. During the first 9 months of the year they sold 4.2 million shares for cash at prices of .23 to .30 And 328,040 shares at .38 to .48
Those folks would appear to be needing a snorkel...as they appear to be underwater....and those shares were acquired more than a year ago.
Poster named "bentley's report from AXDX's recent shareholder's meeting --" Very small number of shareholders present, so after a brief meeting to take care of official business, the CEO gave us a 90 minute tour of the lab and other spaces and answered all our questions. Extremely impressive with the progress they have made in the 17 months since they have taken over. 55 employees at present and growing. The latest version of the BacCel is amazing, with only about a 12x15 inch footprint and a cost of about 10% of the prior model last made by AXK. It won't be long now for them to ramp up production..and should be in full commercial operation in 2015."
Quite a contrast.
Eric- " to consolidate a loss by selling at these prices would be foolish at best"
No, it wouldn't. In case you hadn't noticed the broader markets have done well over the last 3 yrs. Offset capital gains profits by selling a slug/laggard. Simple concept...tax loss selling.
BadBilly-- " but I still own significant shares and did not sell any today"
After reaming out the company, he emerged yesterday as the prime suspect in taking a big steaming dump of shares. Good to know he still has "sucker" stamped on his head.
LANSING, Mich., Dec. 2, 2013 – Neogen Corporation (Nasdaq: NEOG) announced today that it has introduced a "clearly better" test system for microbial counts.Neogen's new NeoFilm™ microbial tests require only the inoculation of a fabric sample pad and an incubation period. Following incubation, the sample pad is evaluated for bacterial colony growth. NeoFilm tests are available for coliforms, E. coli, yeast and mold, Staphylococcus aureus, and aerobic bacteria.
"Our simple NeoFilm tests represent the perfect complement to our product line of six other distinct microbial testing families," said James Herbert, Neogen's chief executive officer and chairman. "The global market for convenient microbial tests such as NeoFilm has been estimated to be in excess of $100 million annually. Until now, this market segment has been dominated by one other company; however, with NeoFilm we believe we have a superior product that is technically advanced over the established product."
"NeoFilm is designed with the user in mind and offers advantages, such as greater visual clarity and easy enumeration," said Ed Bradley, Neogen's vice president of Food Safety. "The test films are color-coded for easy identification, and the required incubation time is printed right on the test to simplify the procedure for the technician. The advanced design of NeoFilm simplifies the technician's workflow by allowing test films to be stacked as they are inoculated, freeing up valuable bench space, and eliminating any wait time between inoculation and incubation. NeoFilm requires no 'spreader' and there is no gelling or set-up time making them much easier to handle. Perhaps the biggest advantage is the clarity of the results that NeoFilm provides."
As a validation of their effectiveness, NeoFilm tests for aerobic count, coliform count, and E. coli/coliform count have received certification from the AOAC Research Institute. Similar validations are in process for the remainder of the NeoFilm tests."
Well Ray, it seemed that a year ago your stones were in a bit of a "tight" spot and were being reduced to mini-waffles. With the stock down 50% in value during the past year, it would appear you are the one who has gotten "mauled". LOL
Ray..a year ago -- "If this stock is being manipulated, as many of us believe and anyone with half a brain can document, why is it so difficult in putting a stop to it? Or is it that it's only a matter of time and timing is everything? With approximately 3000 investors, how long can the masses be handled and how long can we wait for action? The companies progress doesn't justify our current position. I for one don't appreciate my nuts being squeezed in a vice. Am I wrong? imo"
This appears to be "The Best of Ray"...he is an "original". LOL
Commish replied back and gave you the opportunity to COMPARE shopping carts.
What's the problem?.....He has a shopping cart too.
Have you seen the updates to Spectroferm's webpage?
From last Thanksgiving- "Michigan Turkey Producers has been a longtime example of exceptional food safety. Michigan Turkey Producers was awarded the 2009 Food Quality Award and the 2009 Environmental Steward Award. Thus, when Tina Conklin, quality assurance manager at Michigan Turkey Producers, was approached by Neogen for another “easy-to-use” rapid pathogen test, she was skeptical that a new system would offer significant advantages in pathogen detection. However, the simple three-step workflow, the 10-minute assay time for Salmonella spp. and the 18-minute assay time for Listeria spp. changed her mind.
Conklin agreed to perform rigorous evaluation of the ANSR system. Rapid results allow Michigan Turkey Producers to implement interventions faster and ship products hours ahead of any other DNA-based assay. Using ANSR’s definitive DNA test, the samples correlated 100% to traditional methods for Michigan Turkey Producers.
The ANSR system was designed to combine molecular-level accuracy with a scalable low-cost instrument and a methodology that can be easily incorporated into any testing laboratory’s existing workflow. The system’s small bench top footprint and extremely simple procedure make it an easy fit in any laboratory setting."
Enjoy your bird next week....Cheers!
Man you are one mixed up & confused dude. If I make a post...you ask why? If I don't post....you wonder why?
Eric- "Bret will answer our questions when Bret feels it's time "
Isn't that the way things are done say in a privately held company? Why do I see all these company conference calls with CEO's and CFO's taking question after question from analysts. Why do publicly held companies hold annual shareholder meetings where questions are taken.....and most importantly, the question pertaining to sales revenue is addressed.......without a shareholder having to ask for the info.