Deposits, fine. I interpreted your post to be looking for evidence of additional contracts or revenue that have not be explicitly stated.
Regarding the mysterious secret sales activity that is not being reported but supposedly happening. I stick with what I said. Either they have no contracts, or they do and are not telling anyone, which is insane. Nobody does that. Nobody. It's against the interests of the company, shareholders... even customers, since it helps push the company into oblivion. You're seriously investing in this thing on the hope that they will suddenly one day announce a large bucket of contracts they've been collecting, but hiding? That's a fairy godmother scenario
You may be right, but... as an example, I was following GTAT closely before it went bankrupt. They were hiring. People on the message board used that as a reason why they were bullish. Turned out to mean nothing. I've seen it on numerous companies that eventually died on the vine. Another way to look at it is: they're hiring, which means they're spending. But they have no revenue. Money comes from selling stock. That gives the pps a sort of radioactive half-life scenario.
Yes, and it might be just the right time to jump in, rather than sell... but which one(s) to buy? I have a small position here that will go down with the ship if necessary. It's mostly just to help me keep my attention on it, to watch for a positive sign. But when I say "probably smart" it means I think I'm an idiot for wasting time and money on this thing. So far it has followed every classic pattern of a total scam. Pains me to say that but it's the non-emotional side of me talking. If i listened to that side of my brain more often, I'd be a billionaire by now :D
Someone else mentioned a payment from L'Oreal. That makes a lot of sense. Are the liver contracts taking up front payments? Sounds unusual. No offense but I think you're grasping at straws to find imaginary contracts and revenue. If they have this sales activity going on, why would they hide it? They wouldn't. If they did, that would be insane, and a reason to sell right there because what sort of management in a publicly traded company would try to hide good news from investors? Just makes no sense.
This is the point where, unless you're already committed and have no choice but to hang on, it's worth asking the question: is this company just stringing along investors?
A long time ago I saw the CEO on tv being interviewed. He seemed nervous, and my gut told me that he was an honest guy, but being put up to something dishonest by outside pressure. The pps has completely tanked since then. He puts out stammering PR's like today, where he seems to be struggling to maintain some semblance of integrity. We shall see... in another year, do they have contracts rolling in, or are they heading for the pink sheets?
"In addition, we see a shift in timing for revenue recognition from previously disclosed contract bookings for our commercial liver tissue product. To be more specific, our adjusted guidance for revenue recognition indicates that certain milestones from a large customer are now anticipated in early fiscal 2017 rather than late fiscal 2016, reflecting the need for this customer to finalize aspects of its work plan. "
Who wrote that confusing mess? In my judgment this is a red flag. Sounds like someone was struggling on how to word this and just plain gave up on it.
Been a long time in a bull market, nobody knows what to do. I'm not sure myself, but I want cash handy for when it turns around. And a hedge like spxs. And a small hedge of gold or silver in case it really gets ugly. Might sound paranoid, but it's no coincidence that guns have been flying off the shelves. People can sense trouble coming, better to be prepared and not need it, than the other way around.
if you follow history, you'll know that booms, busts, and bail outs are a predictable cycle. Every so often something more extreme happens. Total revamp of currency system.
Hopefully buying based on new interest in the company and anticipation of upcoming events. Possibly shorts cautious about events are covering. Paranoically it could be a setup for the crushing blow next week :)
A lot of stocks like ONVO which have been beaten down will pop10 or 20%, some much more, if the market rebounds. Looking at long term charts I'm seeing SPY hitting 150 as a logical move. Hard to get very enthusiastic for a bounce. Hopefully, I'm wrong :)
After being pumped up with stimulus during a stagnant economy, who would wonder why it's 'down' now. btw if commodities are down and stocks are down, it might be time to think about deflation.
A seasoned trader or investor knows that the proof is in the pudding. A lot of startups eventually go to zero. They all sounded like a sure thing at some point. On top of that we have a market where cash is giving the best return.