Elon is never afraid to call it as he sees it. When the stock was over-priced, he made a note of it. When the value dwindles, he is never afraid to energize shareholders. He absolutely understands the value of sharesholders to his company.
Now bring ETRM into the equation and you would soon realize that none of the above is relevant to the name Knudson. It is actually absurd to be talking about TSLA on ETRM board.
Yes, it is a train wreck. Worst part is that shareholders do not have a single friend in management.
It is irresponsible, selfish and grossly inappropriate for anyone that has been in this stock for a long while to recommend it to others.
Stay the f away from this shhh. Put your money somewhere better and leave bagholders like myself to contain the pain.
Quite posting junk stocks on the message board, you #$%$br />
There are massive risks involved associated with non-regulated markets (pink sheets) for anyone that is sitting there taking advice from this moron.
You're taking it too far by comparing it to Tesla. If Model S sells for $100k without tax breaks, then VBLOC is without a doubt too expensive at $20k. That price alone is part of the reason why the stock continues to lag badly.
Also, you forgot about Elon Musk factor. Please don't ever compare him to Knudson.
If we consider the fact that this company had VBLOC approved in AU and EU so long ago, I think we only have ourselves to blame for even expecting anything to be different. They had great leverage with global approvals yet the excuses we heard back then was that they were waiting for FDA. I mean, why would you wait for FDA when you could start rolling out the solution in other regions and take lessons learned into post-FDA meeting to be able to hit the ground running?
The signs were always there that they were never going to be ready. It was just too hard to bring ourselves to acknowledge them at the time because we all invest on "hope".
Take that bullshhh mentality out of here, please! Every time someone says something that you don't want to hear, they are automatically called as short bashers. When in actual fact, most folks on this board have been long pre-adcom and are badly under water with no hope in sight.
All I hear from your posts are:
1. You make excuses through wide generalization for why things are the way they are. You even excuse poor management at every opportunity you get by continually telling us that they are doing just fine. Do you work for them?
2. You undermine other perspectives that call it the way it as it is. I can't help but think that you somehow you think Longs need to be loyal regardless of the vital signs. That is is somehow call Management into question by default of being Long.
3. You never objectively state the risks involved in this company given what we know so far. Every single investment has risks. Even AAPL has risks associated to it. So to make extremely bull cases day in day out without ever acknowledging possibility of further downside (and there are plenty aka dilution) makes your perspective totally unreliable for source of balanced argument.
Dude, why do you make excuses that are totally against the very core principles of being an investor? You don't ever excuse management that does not understand the significance of public relations and responsibility to their shareholders. If they are simply nerds, then they should have recognized the gap in their skill-set as a public company and hired someone who can do the job.
If they don't want to deal with PR side of running a public company, then they should not be a publicly listed company.
They had a conference yesterday that was advertised in advance on newswire, yet there is no word from them to summarize the outcome of the event. I'm having to read other people's summary to understand what transpired.
Where is the sense of responsibility and urgency to try and enhance the market's perception of VBLOC? If conferences are always going to happen without a pin dropped on newswire, what exactly is the purpose of holding the conference from an investor standpoint?
This feels more like a private company than public one.
Honestly, it is totally shocking how unprepared they have been. Listening to them during conference calls is just flat-out disheartening. The Street sees that and they recognize when MNGT team seem clueless. This is why they would keep toying with this stock for next few years. It would go from $0.99 to $1.50 unless they are bought out.
"They only announce meaningful updated in between, like approval, conferences, awards etc."
Hey smart-alec, Companies don't control when they can share news of approval. It is considered material information.
These guys try to play it cool but then they post millions of useless articles each day. Only for them to then come and open useless threads about how they have had enough of the shhshow they helped create. Such weirdos!
At 97 cents and without dilution, would you seriously buy? I don't think I would touch this until dilution is out. I'm not going to waste money waiting around when there are so many other well defined options out there.