If you have been here a while you are used to the under delivery method of doing business, these guys have certainly created much frustration among the lowly retail investors. However, the 4th qtr has the potential to set a new trend, IF the Lorem deal came with immediate sales and IF the latest rulings in Japan have created some sales interest we should have hit the number or possibly even beat it. In the big picture we are still a way's from 10x our wildest dreams in fact 1x is probably years away.
We still need the two main ingrediants that will satisfy WS that they are on point with the business model and of course their CEO is capable of driving this to the finish line. SALES and a major PARTNERSHIP with a big pharma that would add clout and validity to the whole setup. While the Lorem deal is very good it does not bring what a big pharma does. These guys have had interest but either the big boys dont see the value or it does not match with their business model or the ask is just no where near the bid. Who knows ???? maybe they are silly enough to think they can do it alone.
Tuesday should answer some questions, but expect little and be content or expect much and feel the need for a blunt razorblade.
While a negative the way CC described the qtr I would agree with hedge that the number was not met but shipments were good. He has never over delivered in all the years I have owned so my guess is qtr 4 was no different. Does not mean good things are not on there way just that AGAIN cc was wrong with his forcast.
No way to predict the value this year but there certainly are several events that could start a sustained move in the right direction, it's all moving very slowly.
I am with you on this, have been since the first offering, the fact is that by subscribing to the offering you are thinking about selling some shares with small gains not long after. This worked in the past but sooner or later it might not. More importantly you are supporting an almost BK company that has never even addressed it's shareholders about a recall that has the potential to eliminate any shareholder value. Sorry but these guys have the time to take care of their paychecks and of course you can bet the major shareholders know exactly what's going on yet RETAIL investors get zero never have never will.
So the only saving grace is the big money is still in the game, but their patience has to be tested at the moment after all they have a few bucks tied up as well but then they also have 12% returns etc on short term loans.
My choice is to sit tight, no more of my cash goes into their pockets.
I wonder how much W&L have actually recieved in interest on the loans they have extended, wonder how that compares to the overall investment they have. Wonder if we wake up one day to a .75 gone private or sell off.
Only time will tell, almost wrote it off at this stage but not gonna sell a share until it unfolds. qtr 4 sales will be in the tank, cash on hand the same, the outlook is very grim indeed, if it was a DOG would you put it down???
Excuse the pun
Have at it Bri!!!!!!
Still i sit watching, waiting for the motherload...I guess that makes me a silly boy!!
Torrey Pines is calling gotta go!!!!
You think somebody has over 18000 shares short in this low volume mickey mouse pos?
I suppose stranger things have happened but i do not buy into the whole short story.....What ever happened to all them short shares pre the split????
I dont think the whole thing is that complicated, we are the not so proud owners of a company flirting with bk that for whatever reason has had more bad luck than any one company should have. We can point fingers and subscribe to the conspiricy theory but bottom line WE ARE UP THE CREEK WITHOUT A PADDLE and nobody is telling us if we are gonna get one.
Give me $4 and i will be on my way......not so sure i wont be writing the whole thing off at the end of the year.
It's a shame that we are kept in the dark by the bandits that call themselves management, some things never change we invested in a high risk and now we pay the price it's that simple.
Having said that I have not purchased or sold a single share since the first offering and wont until it plays out either way.
Any body putting cash into this at this stage is imo either very foolish or in the know.
Well it was a real bid 6752 gone through, for what it's worth they have an outstanding loan with the major shareholder that has to be paid, the only way they can achieve that is by an offering, a partnership, a buyout, a crazy increase in sales or file bk.
Take your pick Mikerobast, gotta feeling you can strike off the sales increase.
Why would somebody pay .37.....No idea unless he has more information than us but if that were true then .45 might not look so bad either!!!!
I stated here many moons ago and I am thankful I was not tempted to sink another penny into this company without some sucess of which they have had zero since FDA approval.
Regardless of how or why the deaths and recall the only part of this company that was moving in the right direction has been all but shut down for the time being, the options open to them are but a few so as always we wait without anything from the tight lipped maniacs of a 9 person company flirting with BK.
I am hoping for $5 at some stage but thats about as good as it will get.
I think stating the best qtr in cytoris history means very little as the history is dreadful however if he had said better than we expected!!! would of sounded far more positive...Its called the CC SPIN makes me f*&^)n dizzy.... My guess is they missed 2013 number!!
That was not a dump into open market, there is a number of ways to achieve that if you think about it.
IMO it's a buy we shall see.
When exactly have they been right?? better still when has a upgrade from them actually helped the SP???
Bottom line everybody that has suffered through the last few years or traded/shorted and made money knows that there are a few key events that turn this circus around WORDS have nothing to do with any of it.
The progress is slow, the news has no influence anymore until it's worthy of ATTENTION it generally just sets up the smart one's to trade short or cover depending on the type of news.
Here is my DREADFUL advice to all IF YOU OWN HOLD AND GO TO BED...IF YOU ARE LOOKING TO BUY I DARE YOU....IF YOUR SHORT WELL DONE GOOD TIME TO COVER.....IF YOU TRADED WELL DONE YOU WILL CONTINUE TO MAKE MONEY.
Thats it very simple unfortunately I am not so smart so be sure to do your own DD and never have buyers remorse it makes you look pretty darn silly.
Happy new year EXPECT a bounce in January