No one expects the company to get profitable- its the growth news and guidance that will drive the price up.
That is exactly what I did say day before earnings- sell. Glenn already told on the last CC that the earnings will be bad. There is no volume in this stock- couple of thousand shares on a daily basis means that no real money is interested in this company.
Yes they may have the best product but the financing is toxic and unless they sort out the balance sheet, it will go nowhere. Look at VELT- global leader in mobile advertising...
My recommendation: sell before close. We will have another earnings call and another disappointment. It works like a clock work. Yes one day they will be profitable, but until then the price goes nowhere. Please dont respond, just look at the chart. They need like 20-30mil order to get even and after that we can talk about some earnings multiple and stuff and price appreciation.
Great earnings&recent huge order make it a compelling investment. Also the company is not much exposed so there is a potential for a 10%-15% gain over the coming weeks once more people realize the progress.
So Jacobus plant was on the fire- what does it mean for CPRX?
I am not sure- just look at MSTX: turd company and check what a few remote news made with the price. cbmx is getting volumes, momentum and many people are in for much larger gains. I think this will be above 20% today.
Sentiment: Strong Buy
Olympic games in Sochi will be the most expensive in history, yet IMSC failed to materialize on it. They provided 8 units? Who knows if those were testing samples only, they may not even got paid for that.
Actually there may be a way for this to go up- if the company presents some very attractive data mining data. In that case this would be a quick nice pop. I am tempted to start a position but fear the slow decline back to 0.75 levels. Lets see the price action, if it bounces off the 0.89 level then I may initiate small Las Vegas position.
The next earnings forecast could be a bit better but from the price point however it looks very good- I mean it is bouncing off the multiyear lows. If this starts to run, it will be worthy to have few shares todays price.
At the moment the PPS is exactly where it was in Dec 2010:), so meima when do you expect the price to start appreciating and to what levels? People who bought in in 2010 are flat today with their investment. What do you say?
The stock goes from 20 to 0,05- bankrupt and without any core business that could generate the revenue and you call it opportunity? The insanity of humans knows no bounds.
What do you mean by a nice quarter? It is down 25% in the last quarter alone and I am not counting the recent dip to 0.77 (that would be like 35%). If this is what you call a nice quarter, than what is bad quarter in your perception??
developmental biotech small companies are about future value- nobody cares about book value, why would one care? book value is irrelevant, its the product that they are developing that makes the price action. and appy1 test seems to be a low profile big winner.
me neither- this is on a free fall at the moment. no one knows where it will land. they have around 50cents cash so I suppose it should find bottom around 0.75? I am however sure that we will see this trading above 1 very soon- once the company comes up with data mining charts and statements. too risky to play at this stage.