I love it - replying to yourself! And you even managed to include a plug for your blog by the imaginary interlocutor. This is too much.
the last offering was at $4.25 so plenty of resistance at this level. coiled spring baby!
I wonder if many of the sellers didn't get in at $4.25 on the offering and want to get out on the last day of mutual fund tax year.
that's not coming back. it takes $400 of marketing to get each patient in the door. that's the equivalent of flying each patient in from out of town, putting them up at a nice hotel, and hiring a couple of #$%$. that segment of the market is shrinking every year and it's not coming back. the two alternatives are either a) develop a new product (takes forever) or b) eliminate competition/reduce expenses. b) is more realistic.
something needs to be done here. it may be that the laser eye business has matured to the point that the current level (or lower) is the new baseline. It's not so easy to get normal people to submit to elective surgery. 114 cataract surgeries is so small that even years of extraordinary growth doesn't really do much. some private equity firm owns the other lasik business. merge the two, slash marketing, raise prices (if possible) and see what happens. otherwise nothing doing here. the nols are a wasting asset.
why would anyone do business with qualtek? Is it the sterling track record of scott hisey? He was the guy in charge during the fraud, right? I don't really see Qualtek being a viable competitor, and Hisey hasn't shown himself to be a real operator, certainly not if you judge by Unitek.
looking for good things
all of this is correct. I don't even think it's that cheap at these levels. it's only cheap if you back out cash the shareholders will never see anyway.
It's Scott Hisey. Shorting can be difficult - stocks can do strange things, and going long is always going to be easier & more profitable - but I do believe it can be shorted. It's a myth that shares can't be shorted below $5.
how did it get from $20 to $4? did it do an ipo and then have to another offering? if it's so great, how come it's all the way down here?