I have made $400000 trading this stock.
You are an idiot.
How did they survive until today if they already had basically zero cash on jan 1?"
Not sure which statement your reading I see over 3 million cash, which is similar to the levels for the last 2 years.
Check your math on the ridiculous 60 million comment- there burn is about 2 million per quarter.
NLST IS working with Microsoft and Major phone manufacturer. Even if you assign a 10 percent probability of these deals being finalized NLST should be trading at least $1.50 imo.
I love this stock.
Regardless of the verdict, there are clearly many huge catalysts for NLST over the next year. Microsoft deal, new mobile phone customer, other 8 figure deals, plus the trials.
With the recent capital raise, NLST has lots of liquidity to survive for years while these catalysts play out.
Sold most at $1.80 but bought back 300,000 shares at $.65.
Just relax, the big fish are manipulating this to load up for the next big run.
just hang in there.
He's a pretty prime example of someone who spends too much time on the computer and thinks too much
They said there would be a significant increase in EBITDA. Since EBITDA in last quarter was negative 2 million, and would have been about breakeven without one time items, RMGN should report a healthy positive EBITDA which should send stock to $3.
Q3 had negative EBITDA bit was impacted by a one time charge for the loss of a Long term contract.Without this one time charter in Q4 is it reasonable to expect positive EBITDA? If so should head straight to $3.