I am an auditor and manage co-sourcing relationships. Auditors change like underwear. If you change them annually. Haa haa. Especially when they get complacent with the fees they charge, and the work they do is just coming from last years program. Do it with blindfolds. No value, expensive, and gone.
They have been so slow to develop anything. Z944 has been on the road show for the past year and nothing is being done to partner that because there are no partners interested. Prednisporin being given to someone to develop then it is decided to put in on the shelf and hope someone licenses it? Management appears to suck everything dry and will go down with the ship. Although a dry bottom will be there and they just walk away laughing back to the bank in Toronto where this reverse merger started.
They are selling at the top of their game, another secondary soon to come.
Open 52 to 54, climb for first half hour to 57.95, then down to the 54s again to churn around until noon. Larger sell off in afternoon. end up about 51. Then Friday another down day. Maybe another 15--25 percent. I really think this will get down to the thirties by next tuesday or wednesday.
Yes. You would figure that the underwriters would have looked at something like that. Maybe that is why they started off at a $16 offer price, but only due to scarce shares and high demand by the general public hype it was boosted way up to $26 then opens at $45. Really sad for people that bought into this. This has the potential to put the brakes on the IPO wagon we've seen lately
WOW. What is this twitter? Sign up and sign off. FOREVER They will give away free information to reporters and companies so they can boost usage. HAA HAA HAA.
It does not come naturally anymore. They need to spend to get revenue. Sounds like GRPN?
Nobody even has confidence in the numbers. WOAH, thats a downer.
BIG Sign of topping out. BACK TO IPO LEVELS and BELOW.
This company will eventually end up in the toilet. If there was anything good with Z944, it would have happened already. I wonder whats been going on with Novartis. Nothing makes sense with the company but the price of the stock.
Patent Pending. Now that people are bringing up the SCAM word, I believe there is nothing here.
Is it an expansion of unprofitable business? I don't like that. They definitely need a new leader. THey have 1.2 Billion in backlog and they cannot ramp manufacturing into profitability?
over 100 MM in cash, a strategic advantage over competitors due to research collaborations, moving into additional process steps into the foundry could mean doubling revenues. Management has always pulled through with their statements made. They said a few quarters ago they will achieve this and reach 60MM per quarter in revenue. Its not too far away.
They can make hydrogen, electric and heat all in one plant. They can supply the infrastructure like gas terminals for distribution to smaller "gas" stations.
Just think about the hydrogen powered fuel cell cars coming out. Toyota, Honda, Hyundai plan to have them out in the next few years. Infrastructure is what FCEL can provide. The price of FCEL by then? Buyout?