Pharma....someone is sitting on this stock...It is a buyer who has stock and keeps offering it and trying to fake sellers into leaving. This threat of a huge dilutive financing is baloney. If they need money they can borrow it. Knudson is not a stupid man contrary to the resident whiner.
This is a steal. I come from a VC background and I could not find a deal like this anywhere.
They give that POS Uber a huge market cap and the company can't insure its drivers.
Do not sell your here folks.The good news is just beginning. Watch for 13Ds because someone has to file.
Insurers...CPT Code 3 and FDA approval is going to have some reimburse. I wish they priced ghe damn thing lower...but we will see.
That is the May 1 start I mentioned. The surgeons inquiry was quite large and what people forget are two major items. VBLOC will STOP weight gain which is item number 1 and then you have guys like Mike Magnant who lost 70 and the woman in San Diego trying to lose 100 pounds off her 240 pond frame. This will replace bariatric and the docs will wake up to it. First guys into the fray will get the reputation.
Thanks...Knudson needs a course in public speaking. Lea is great and so is Hancock but the CEO is the one that counts. Guidance is very hard at this stage and I do not blame them for ducking it. It is like a hand grenade rolling around with the pin pulled. Almost a no win situation. If your guidance is high and you miss it costs..if you are low and you exceed you get a low ball situation. Will listen to the replay.
Thanks for your reply.
This was on Conscien web site.Remember what I said about stopping weight gain???? 72% of obese people in the U.S. are more interested in stopping weight gain than losing weight. VBLOC stops weight gain!
I fundamentally love this story buy we gapped above the 50 day and if this travels above the 200 day at $6.72 you may not see this stock again until it hits a new high.
Before you open your trap Marsh don't bother. You pat yourself on the back so often it only says you have no position and if you were short you wouldn't open your mouth.
Why don't you eff off.....Have the balls to call Knudson and Lea. Ask them directly. You keep complaining and screaming at the rain. Numbers will prove what this company is made of. Or better yet sell you 500 shares and get lost. Complain for a reason. How many doctors called? How many patients? Who cares? They reached a point where they could not take any more. Fact...what more do you need. The classes are getting filled. How many patients?? That matters very little as the surgeons have the patients. Companies have to disclose material facts. They and I do not consider this material. When they open new offices that is material. They just started the process. Shouldn't we give them a chance? Your constant complaints to us keeps you on ignore. You want to join the discussion do it like an adult.
Pharma..This just shows our biggest advantage is social media. The device will explode sooner than later as the word will get out. Remember the obesity societies at ADCOM that spoke strongly in favor of approval? Do you know how many blogs there are out there in the obesity space? I am told hundreds. My family friend works in a huge teaching hospital and the information flow for any number of sources is huge. Wealthy bariatric practices will be very involved. That is why we started in New York, Florida and southern California. Hancock is a pretty smart operator.
Hancock did the demographic study..he knows were the demand origininates. The five sites they are not going to play are in dead areas but they were most likely world class hospitals or clinics.
New York. Flodida and Souther California. Wealth areas where the surgeons have a lot of weight (pun) behind them. Knudson knows we are going to kill bariatric and look at our poster boy Manant. And that woman at Scripps. That is real bariatric weight loss. It will take maybe months before the demand explodes. Their absolute focus on the reimbursement aspect is also remarkable. AS you and I have said the obesity arena is a show me area. The bombs from the pill makers make investors wary, but some of our top institutions added in Q4. We just need one or two others to add 6-8 Milion shares and I am sure that is going to happen. THis Weednesday is Cowen in Boston I think. They should get a great audience especially if Sikora is there.
My sister in law used my Chrome Pad in the islands..
Answer..New York...Forgot to change the address. Opinion of the start was mine after talking to the company. May 1 is eight weeks away. They have existing centers...They did not give me the exact date but from the conversation I feel it is sooner rather than later.
With the classes starting why would they wait with the exisiting docs. Remember they said it would take 1-2 days to get those sites up and running.
As usual Pharma those guys up there down play everything so they do not have to rescind comments, but they know the quicker they show revenue the sooner they can enlarge their footprint.
SIster in law is a shareholder and came out of the health business.
Her sister is a nurse anethesist and has seen the devastation of obesity. She is a shrareholder also. I hung the whole family out to dry!!!!!
Bariatric surgery is toast. Was told demand for the training class is great. The market for VBLoc in the U.S. is 25 million individuals. Just a matter of time. You and Biotia and a couple others are the only ones I do not have on ignore. I feel someone or group is sitting on the stock price.