"We are in the camp that Japan and VDrive will return Stereotaxis to year-over-year top line growth, and think that could come as soon as 2014. If it does and we apply the Barclays approach to valuing MZOR and apply it to STXS, then 8X a sales figure in 2015 equal to or greater than STXS' TTM of $41 million leads to a stock price of equal to or greater than $17/share."
So what is the positive for buying this company? I thought that the Mercury merger was part of the reason that RSOL would be EBITA positive.
Just as I thought their inaccurate speculation drove this down making anyone who holds on margin get out. There was no reason for that article as there has been no hint by the company that they would be cutting their dividend again. The Street had previously pumped this company as a turn around play then put out inaccurate info for a quick dump and pump. Shameful.
You know the other thing is that the only listed option is at $2.50. So this run down does not make any sense.
They screwed up the meeting on December 5th when they did not make sure they had a quorum for the vote on the Mercury Merger. So everything got pushed off to January 14th. If you notice the stock was starting to come back up on the 5th and then when the merger did not take place it started this run downhill. Nothing will happen until that vote takes place and so until 1/14/14 this stock continues to sink. You can buy and sell all you want to average down but this could go to $1.70 . I am sure that those who bought the 5.9M share Secondary priced at $3.40 are not happy. Hope they are holding for the long term.
After three great bits of news this is not set to climb. May not be the great jumps we have experienced but now it is going to climb solidly.
Just google the headline of gwptwbd and you will find lots of articles.