The numbers are out and they look terrific; would've liked to have seen increased guidance but that's just being piggish at this point. Clearly we are about to really ramp up revenue. Let's see what color they add during the call; those that can listen please post pertinent statements!
My view is Needham doesn't have this much firepower, staying power, nor influence. This is something different. The close will tell I suppose.
Poised for greatness today unless they want to shake the tree one final time--dash 'our' collective hopes--I see this busting thru the 50 day and kissing or busting toward $10.
They buy and sell amongst themselves merely to confuse you. Don't be confused; expect a shake or two soon, though...but further to run first me thinks.
Absolutely, Minnesota. There is a strong buyer(s) out there. Take note of the patient accumulation which began Friday with higher vol late in the day when more experienced buyers and shorts buy. If you watch on a screen you can see a bid is raised, sequentially defended, and raised again. OWT can speak to that more than I can. I think I know who it is and it isn't Needham-conference related. But expect some fits and starts. It'll be bumpy yet for sure. Was silence assured if the position was closed when the 'other position' was vacated?
How-about...I don't know him but I would not interpret owt's absence as a negative...probably the opposite would be my guess. Thanks for all those knowledgable posters who contribute to the board.
I think they probably have plenty of firepower left in their buyback plan but unfortunately are overwhelmed or are choosing not to use it. It looks like 'the market' is setting up to test an important moving average around 7.88 in a week or so...before our next 'scheduled' release at month end. If that test is successful it would be a most unwelcome buying opportunity and I personally would probably be a buyer. Hope management has a few tricks up their sleeve before that. Would be great to hear from some of the old timers with regard to timing/strategy/movement.
Nj--can you tell me where I can find the article. This is incredible! I have no reason to doubt you, I just wanna read it myself and smile...
Obviously they found the smoking gun as was mentioned in the call weeks ago. Rather than a distracting suit they will zero in on the issue(s?) at hand and move on. I wonder whether the action today was just in sympathy with the market or deeper/fundamentally based. I put in a few calls to knowledgeable people and so far nada. Time will tell; hope others can chime in.
Here is an example of unintended (or perhaps intended?) consequences...I sent the urology article to a few fellow doc buds of mine in that field asking them to take a look. All thought it was interesting stuff...2 of 3 sent me back a link to the 'fraud alert' bogus legal inquiries that show up on the news feed asking what that is about...some of those might or might not start testing out the product, but these bogus headlines may make them pause, etc. I wish we could get some clarity. Hope it comes soon!
I think the stock is in a wait and see mode setting up a potential swing trade to 12++. The long term chart is still very, very much intact and awaits a catalyst(s) to move it back into an uptrend mode. Others here have much better insight into when that may happen but the market seems to be giving the stock the benefit of the doubt right now--held up nicely today in a sour market as was said by others. My take is the shorts are still in, the trap has been set, and with positive news we resume the uptrend in a heartbeat.
Jim--The patent application was PUBLISHED around January 18, but applications are PUBLISHED one year after they are filed, while most are still being prosecuted. The application was FILED in January 2014. Hope this helps. Could be a game-changer indeed!