DexCom, Inc. (DXCM) Message Board
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Here is a quote from an August 19, 2011 Bloomberg interview, "If DexCom can double its stock price to $20 or more as a result, Gregg said he’d be open to takeover bids." The result he spoke of, was the introduction of the new/current CGM. He also said the company should be profitable, but he subsequently increased his spending, purchasing a software company and boosting research so the profitability requirement may no longer be on the table.
I am not counting on a buyout, but the story speaks for itself. If you want to read the whole story, look on the internet for the title, Device Maker DexCom May Be for Sale in 2012, CEO Gregg Says. Sorry for not providing a link, but Yahoo has been deleting my posts with links attached, at least that has been my experience.
Good luck, all. -
These are some excerpts from a 3-28-13 article from the diaTribe website.
In February, Dexcom submitted an application to expand the label for the G4 Platinum CGM (continuous glucose monitor) to pediatric patients who are as young as two years old. The FDA normally responds to these applications after 180 days, and we expect a decision from the agency during the second half of 2013. Currently, the G4 is only approved for those who are 18 years and older. Though some children are now using the CGM, they are using it “off-label,” and not all healthcare providers (HCPs) are comfortable prescribing therapies in this way.
Dexcom is also working on a new remote monitoring product, Dexcom Share. The product is a cradle that holds the G4 Platinum receiver and plugs into a power outlet at a user’s bedside. Data from the G4 Platinum are then sent via the cradle (using Bluetooth) to a nearby smartphone. That phone then uploads the data to a web-based platform, where it can be monitored by parents or caregivers on their own cellphones. At the ATTD conference, Dexcom showed a picture of a father on a business trip in a taxi, checking his phone with a sigh of relief that his daughter’s CGM reading was 150 mg/dl.
Good luck. -
Usually, the class action lawsuits are consolidated and companies have insurance for employees engaging in fraud. Management will definitely be distracted, though, and the company will have to cough up some cash.
I just don't get the need for a dredging company to have a demolition subsidiary. Senior management should be punished for such nonsense and for their inability to properly manage/supervise the unit or the person running it. That's usually not how it works. No one loses bonuses or stock options and they often get rewarded for having to guide the company through the mess that they themselves created in the first place. Senior managers and some directors should resign for the purchase of the subsidiary and for not ensuring the soundness of the operating systems at that subsidiary.
I am also considering buying more because demolition is not the major business of GLDD, dredging is and they have some jobs coming up.
Good luck, all. - Reply to
Netanyahu, Special Forces Commander, National Hero for the Entebbe Rescue
by coward_of_benghazi •Mar 21, 2013 4:01 PMYou are speaking about his brother, Yoni, who was the only Israeli soldier killed in the operation.
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Yes, the earnings release date has been messed up. I don't know the source of the Yahoo numbers, but instead of just removing them, they just keep posting the next day's date. GLDD had released the earnings numbers for Q4 and fiscal year on the 21st and 22nd of February for the past two years and have always announced the earnings release date one week in advance. I am disappointed in the company's lack of execution.
Good luck, all.