What did happen with Edap in last 2 years after results?? Just see what happened after 5,6 weeks ( not 2-3 days later).
Q1 14= good results, +78%
Q2 14= bad, -27%
Q3= good +50% before Canada approval.
Q1 15= except this Q. +10%. bad results compared with Q1 14 ( but Q1 14 was excellent)
Like yesterday, we had good results, edap started +10% closed +4%, . One week later started the run up..
Q3= bad -24%. Started -10%, closed -3%...One week later started the crash..
Q4= good ...??
Yesterday we had excellent results,I think that Edap should have gone up 20-30%...but nothing new, good news = nothing for the share price, but based in last two years, my bet is that edap will revisit 6 $ before next E.R in 5 weeks...
There was a trade of 58 shares at 4,31 in last second, fot this reason yahoo showed 4,31, but the close was at 4,22, because a trade with less than 100 shares means nothing.
You can see all the trades in freerealtime ( times&sales).
"We are delighted to tell you that in the initial days following clearance we booked four Ablatherm Robotic HIFU orders from cutting-edge urology groups and academic centers. Clinics and hospitals throughout the country have been inquiring about the product. I have been meeting personally with many of these potential customers and can say confidently that this is just the beginning."
"As of the middle of the fourth quarter, we added backlog of 20 lithotripters and 5 HIFU devices, including 4 Ablatherm machines and a Focal One device. As we mentioned, the 4 Ablatherm machines were sold to prominent urology groups and academic centers in the U.S., while the Focal One device sales was to Clinica Santa Maria de Santiago de Chile"
"We are optimally positioned heading into the end of 2015 and believe that EDAP is poised for success in 2016 and well into the future.. We have already recorded sales of 4 Ablatherm devices in the United States. Through the first three quarters of 2015, we are on pace to exceed our highest ever annual net sales. We are experiencing strong growth in treatment driven revenue which is indicative of the growing worldwide acceptance of HIFU. And finally we have solid backlog that encompasses both HIFU and lithotripsy devices. This is truly an exciting time for EDAP and we thank you all for your continued support"
"So actually, again as I have said today we are getting a lot of demands from a lot of private groups and academic centers throughout the U.S. And therefore the model we are going to prioritize in the U.S. will be capital sale of device"
"So, we sign contract and we receive down payments from these customers. "
"I mean that has been a project that we have been working on for the last 10 years, so we anticipated and we are fully prepared and to again – to be able to serve the American needs. So this has been anticipated and worked out, so we are ready to go."
Contact with EDAP.
Last year we had the same pathetic problem during a few months.
You can be sure that the problem finished once edap contacted with the SEC.
Last summer I received this e-mail from edap:
Thank you for your note. The company is aware of this trading pattern and has contacted the exchange to look into the end-of-session trading.