The ECTE revivalist board on Investor village has been a good source. DDBUYER has been posting a lot about wearable tech on that board. Does anyone know what the company is doing there? How can symphony be a part of a smartwatch? How would that work? Does anyone know?
From the 8K filing
Proceeds of the Loan were utilized for retaining certain key employees and for research and technology initiatives, all for the benefit of the Company.
Thank God that Platinum was a big shareholder or ECTE would be gone by now.
Platinum Partners got the Chinese back involved and they loaned 40 percent of the money to save the company along with Platinum. We could see the stock go back to $40 with this new management team. I cant wait for the webcast call.
new 52 week high coming next month on approval
mark this post
Sentiment: Strong Buy
The run is slowing fast on this one. Needles are barbaric and the market knows it. Needle free is the future. The only needle free sensor is being marketed by ECTE.
I agree the China market is huge but where do you get $10 per day?
ECTE wouldnt be renting their systems they would be selling them.
There were only 400 thousand shares short at the end of November. The shorts have no interest in ECTE if that number is correct.
When DNDN was 3.00 a lot of people like you also said it was going to 2.50.
It went to 53.00.
Everyone has a smelly butthole to match their smelly opinion.
We're going down and NAVB is taking off. I know some were planning to jump but did you all have to do it at the same time? lol
Nah. Stocks have their own personalities. EQIX went all the way down to $70 which was total overkill. It's rebounding. Everyone wants it to be instantaneous but it doesn't always work that way. Todays upgrade would have helped if the North Koreans weren't so trigger happy. I added another 8% to my position on the dip this morning. I'm holding this one until it returns to 100+ and I'm confident that it will. GLTA
I just bought my position but I do a lot of DD. Their ADR has bottomed and is improving. They've aggressively cut costs where they could. If you add back in depreciation and other non-cash items they actually have a positive cash flow which means they aren't eating into capital reserves. Their brands are top notch and those brands always do better than the lesser quality brands during economic rebounds.
IMO this one is on the way back. It may take time to reclaim the $20+ levels but half that ($10) is likely to occur in 2010. IMO again. GLTA.
BTW if you believe what you posted please short more. Looks like we have some resistance around $5.90-$5.97 and we'll need your short covering to push us through that level. TIA.
Actually I already regret selling. I sold for $4.44 and left about $60,000 on the table (so far!). People like you who use old financial data and omit the growing ADS and revenue picture do everyone a disservice. The losses are shrinking and BEE will go higher from here. I am reopening my position and buying back in.