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Rockwell Medical, Inc. Message Board

thefattlady 67 posts  |  Last Activity: Jun 21, 2016 2:24 PM Member since: Feb 9, 2000
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  • Only way to control the message is if you don't let anyone ask questions.

    Ignore the man behind the curtain.......

  • Why is DMD community defending this company. SRPT deliberately avoided going through the FDA PhIII process.

    SRPT could have easily followed two parallel paths:

    1) They could have pursued approval on the 12 patient data and if over time it became unequivical the drug would be days away from approval. Unfortunately the data is NOT unequivocal.

    2) They could have simultaneously pursued the PhIII trial which would be three years along by now, but they simply chose to roll the dice and delay, delay, delay...

    The sufferers of DMD have my great sympathys, but from where I stand I would be seriously pizzzed at this company for avoiding the PhIII trial for so many years.

  • Reply to

    Uh oh !!!! Just announce the 60 KW battery

    by bertram31clasic Jun 9, 2016 9:09 AM
    thefattlady thefattlady Jun 9, 2016 9:40 AM Flag

    Why pay $65K for a 200 mile range Mod-S when you can buy a 200 mile range Mod-3 for $35K?

    Pretty clear the Mod-3 has cannablized Mod-S order book.

  • Reply to

    Holly SMOKES... 18-20% down

    by fsusmatty May 12, 2016 9:47 AM
    thefattlady thefattlady May 12, 2016 9:57 AM Flag

    Wake up kid. This stock ran to $11 from the $7's on the Facebook Oculus launch. Qtr results were just in line, no overly enthusiastic talk by the company. What's the next catalyst for someone to buy more, rather than sell?

    Buy the mystery, sell the history! This stock is now range bound.

    You have much to learn.

    Sentiment: Sell

  • Cramer says PHM should buy KBH just to get their building lots.

    That would be great if PHM wanted to build $350K homes in $200K heighborhoods.

    U go Jim!

  • TRXC CEO is dillusional. And this was one disasterous quarter.

    SurgiBot an utter failure. They've abanoned trying to get it apporved in the U.S. They aren't even going to try for European approval, I wonder why? Analysts seriously unhappy on the conf call. They blew $100Million buying the already European approved ALF-X system last year AND HAVEN'T SOLD A SINGLE SYSTEM (and CEO would not commit to even selling a single ALF-X system in 2016). You think SOFAR knew something when they dumped ALF-X?

    The sharks at Intuitive have taken every single surgical robot sale, EVERY ONE! ISRG will do WHATEVER IT TAKES to put these guys out of business. It's just business. If these guys had half a brain, they'd give away a half dozen systems for a $500K price tag JUST TO SAY THEY SOLD SOME and get some real world experience.

    The cherry on top of this whole ice cream sundae of a joke is that they were savvy enough to dupe $75 million out of starry eyed small investors to continue the charrade for another year or so. $75MM may keep them afloat for a while but it CERTAINLY won't get them to profitability!

    Surgibot and ALF-X may some day make some money, but it won't be current shareholders who profit from it.

    Congrats longs!

    Sentiment: Strong Sell

  • Reply to

    Pretty terrible results

    by fatoldmaninnj Apr 27, 2016 4:39 PM
    thefattlady thefattlady Apr 27, 2016 4:55 PM Flag

    Business is still in decline, debt is huge, still losing tons of money. Book value means little if they can't service the debt.

    Future is very dependant on housing market. Then you have to throw in all the legal issues regarding past practices and ability (or lack of) to do business in key states.

    Bottom line, the future is so extremely unpredictable that whomever has the loudest megaphone will move the stock in the near term.

  • thefattlady thefattlady May 12, 2016 6:58 PM Flag

    Looks like they had been playing games with the value of their vessels to make balance sheet look good. Had to write down the value of the vessels they sold by $116 million, then had to write down the value of the ones they still own by another $96 million.

    And to think they still have to come up with the money to pay for the three new ships that they contracted to have built back in the bubble a couple years ago. They already extended the deliveries of these vessels until later this year. because of their cash crunch and low demand. Will anybody be crazy enough to lend them money for ships that won't make money when PRGN is broke?

    Sentiment: Strong Sell

  • CRASH AND BURN, FDA shoots surgibot down!

    End of the line for TRXC

    No cash, no revenue, and ALL THOSE NEW SALES PEOPLE TO PAY!

    Sentiment: Strong Sell

  • thefattlady thefattlady Jun 8, 2016 4:33 PM Flag

    I'll reiterate.....

    Why do an offering at $20/sh when in a month you could do it at $40/share.

    For years this company's management has abused DMD patients, abused the FDA, and now for a final jab is going to abuse shareholder?????

    I'm sorry. It stinks!

  • thefattlady thefattlady Apr 25, 2016 11:24 PM Flag

    Why, why, why did they put off for sooooo long, doing well designed PhII trial?

    Yes some participants would recieve sham therapy, but it's the only way to prove whether it works..

    What's the alternative? We fill every FDA AdComm with 100's of screaming patients (who in the future will be paid by the drug company) telling them to ignore science and approve a drug that may or may not work and charge the government $100K per year for it????? And where does that take us????

  • Today's upgrade says Goldman gonna be the lead underwriter on the stock offering, the only question is.......... What will the price be????

    My guess, $195 - $200, Clearly they will bust their walnuts to keep the 'two handle'. Anything under would be a failure.

    Does Elon buy into the offering? Of course.

    But didn't he do that with SCTY last time??? ROFLMAO!

  • Reply to

    The AdCom Today

    by tomlifgrd Apr 25, 2016 11:41 PM
    thefattlady thefattlady Apr 25, 2016 11:52 PM Flag

    So the FDA did a good job of crafting question 7 to prevent subjecting AdComm members to a bunch of emotions from desperate DMD sufferers & their families who would apporve drinking gasoline to treat DMD if SRPT told them that would help!

    Took a lot of courage on the part of FDA to stand up to a tidal wave of emotion fomented by the greedy money mongers at SRPT.

    Do the ffffoooooccckkkinggg trials SPRT!

  • Yahoo finally has financials of PRGN updated to reflect recently filed 20F.

    ROFLMAO! NEGATIVE -$68.05/share book value.

    And..... $91million in debt.

    this thing is a beauty!

  • Rizzone says changing priority from Mid and full size Watt UP to the newly prioritized mini 'contact' version requires pushing back completion date of original timelines, That is absolute bullKrapp.

    If the market opportunity for original products still exists, you keep working on them at same pace by hiring additional resources AND YOU PUT YOUR best people on the 'new' mini opportunity.

    To suggest that it is an 'either/or' situation is complete bullschitte. It's only an either/or situation IF you've realized your previous assumptions were WRONG.

    My guess is that feedback from FCC, R&D, industry leaders, consultants, whomever, says the market isn't there or the technology ain't cutting it.

    By the way, this is the first WATT conf call I've listened to and already I CAN'T STAND RIZZONE. Guys is full of himself. It would be quite satisfying to squat and take a healthy schitte right on the top of his head.

    p.s. Conf call reminds me of old UNXL conf calls. Everything is great..... until it isn't.

    Sentiment: Strong Sell

  • Reply to

    Sphinctor licker Cramer pumping KBH.......

    by thefattlady Apr 6, 2016 6:45 PM
    thefattlady thefattlady Apr 6, 2016 6:52 PM Flag

    To be clear, I'm not disparaging sphinctor lickers. If you're into feces for dinner in spite of all the health issues, thats your business.

    I'm just saying that Cramer want's PHM to put up high cost houses in low cost neighborhoods. Not usually the best strategy for good profit margins.

    Not that sphinctor licking seems to be the best long term strategy ether......................

  • You could have been half way through a solid Phase III trial by now if you didn't spend all of your money and time trying to garner sympathy and pull a fast one on the FDA.

    Kudos to the FDA for standing their ground on SCIENCE! Not emotion and physchobabble!

    My sympathies to those suffering from DMD. YOU more than anyone should be pizzzed off at the behavior of this company.

    Sentiment: Strong Sell

  • thefattlady thefattlady May 10, 2016 7:23 PM Flag

    By the way, I feel for all those who are losing their jobs at TRXC, it's got to hurt. The sad thing is that the ones who deserve to lose their jobs (executives) will likely get a bonus this year.

    Sentiment: Strong Sell

  • All the anticipation about soooooo many companies wanting to partner on Afrezza, but NOPE.....

    Mannkind will be hiring ex-fuller brush salesment to go door to door in hope of hocking a few doses!

    What a bust!

    If you price a stock far enough in the hole, you'll eventually find a few sharks (flipper) who will roll the dice in hopes of grabbing a quick couple percent profit.

    This thing will be below a buck within a few weeks when the sharks are gone.

    Sentiment: Strong Sell

  • 20F filed on EDGAR, (Equivalent of a 10K if they were a U.S. based company)

    Not looking good. They lost $409.93 per share in 2015, that's right, FOUR HUNDRED and NINE DOLLARS per share loss!, That's got to be some kind of record!

    Book value, now NEGATIVE -$70.15 per share!

    Oh yeah, the icing on the cake......

    Auditors gave them a 'Going Concern' warning in their letter. (For you dorm room traders, that means the auditors don't think they are going to survive!)

    You play with fire...............

    Sentiment: Strong Sell

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