You are due diligence to the nth degree. This is what I have been saying. There are more centers and doctors than we know and they are doing very well. She wants to lose 100 pounds? That would outdo bariatric. The self pays will be higher than we think do you agree?
I think I may have said this before, but this stock trades cheap because of its management and board.
They have an incredible portfolio but the market prices it because their management is and has been
deceitful and mediocre. I have no position except I am short puts today.
When Ulrich left I sold my shares as I did trust and respect him. Mulroy gets no respect and thus the
stock price. It should be $25 to $30.
I do not see this as an urgent move, but Asia is a lot bigger than the U.S. and there are a lot of obese people there. Our partnering opportunities will expand once potential companies see the roll out in the U.S. Just a matter of time.
I was referring to centers not docs. Surgeons work multiple hospitals. But in doing a zip code check on line I find nothing in New York or Atlanta. New York has a huge concentration of bariatric surgeons. The centers are to me after the fact events as a surgeon could work in multiple hospitals and after they get trained ETRM approaches the hospital or obesity center to register it. Someone annualized the growth rate after 15 centers in 2 1/2 months and the number was what 50+ centers? Mayo is not even showing in any of its 3 hospitals and they have associations with multiple hospitals in the country.
But like I said these are my estimates after looking at the existing data. When Sikora comes on board in June I suspect there will be regional surgeon training in existing centers. All in all I think they have a great idea of where they are going.
I would still like to see a scientific collaboration and something that hints of a foreign deal.
Maybe potential partners want to see the U.S. roll out, but that makes the price of entry higher.
There is only ONE on the ETRM zip code look up and it is NOT VCU Medical Center who as you can see is advertising VBLOC.
I sold for a reason..I bought into Rigdon's promises for three years and what is there to show?
Just an investment decision. You on the other hand have not been around that long and I can't find a cogent argument how SYMX is ever going to be profitable. Also the price of energy collapsed and Russia is going to send lot of gas to China. Also China is going to be a fracking mecca. Not good for our technology. But that is OK. We all invest for different reasons. I am just a bit trollish because I bought Rigdon's sermon too long.
What you can answer me is if Paulsen & Co were doing their DD and liked the story why didn't they take down the private funding? They had to be talking to the company before last week?
It will be interesting to hear the next earnings call...But I can say you will do well Monday morning as the small short interest will get panicked. I see Paulsen's portfolio and this investment seems much out of character. Good luck to you.
You assume he invested the money...10 million in this company is an odd lot...what did they discover a cure for cancer??? His fund is 6 billion..10 million in SYMX? Has to go to $4000 a share to move his needle.
Until I see that in print on a 13D it is baloney. Paulsen does not but $1.00 stocks...Could you prove me wrong by showing me the site that attributed the buy to Paulsen. Paulsen would tell his pal Cramer about it anyway so I think I would be cautious. Paulsen in China?
Good luck,,,Caveat emptor
Pharma...I put in the zip codes for all the Mayo clinics and none show up..Huh. They did a lot of the trial..Now I wonder why they are not on the list...They are in Minneapolis. That is why I think the system of listings is useless...sort of.
It was my opinion but I think the web site does not update as I asked for Richmond and there was one and Dr. Bittner was not.
New York has them. I will find them for you. The web site is behind.
There are two in Richmond, Virginia. Use the website and enter 23233 and Bittner is not there. There is another doc at a different site. Pharma..How many are there in New York City? One? I doubt it.
My guess....You plug in every zip code??? They are advancing rapidly and I estimated. How many centers do they have in New York City?
ETRM has no where to go but up..The centers and surgeon growth may be greater than they originally thought. Remember they wanted 25 centers by the end of the year? They have 25 plus now. The people they hired seem very talented and many seem geared toward the reimbursement end. If any of the VA commentary proves correct that is a huge advantage. But we still have a very conservative group running the show. To me the last PR on centers and docs was way out of character..
Surprise us again fella.
Sentiment: Strong Buy
There is no stock available to borrow unless you want to pay 15%. There are a whole lot of fails...There is no stock to throw around