agree. several questions
1. rather than rapid fire news, why didnt they save some for warrants?
2. why didnt sanderling use pop to liquidate position? (good sign that they didnt)
3. how sure are we that they didnt use ATM during pop?
4. wishful thinking - was an activist accumulating during pop?
while i still believe that nothing beats growing profitability, imo run to the $2's was most likely engineered in advance of warrant offering.
u may be right about last year wrt to medical area but a few years ago i owned DUSA (subsequently taken over) - they had growth trend but languished until profitable and growing - bought in the 1's, sold in the upper single digits. they made lights and chemicals to treat skin that was precancerous. i own stocks in other industries which have similar patterns
ceo, chairman and head of sales to start. they would need to have considerable skin in game. the ceo would bring in his/her team. existing sales team would reviewed - superstars would be promoted (perhap one would even lead sales) and underperformers terminated. Stereotaxis Strong.
fluctuation due to news exists - right now these fluctuations are up followed by decline on no news - the latter is result of no earnings. over the long term the finance 101 model works. if they had earnings and were growing earnings the trend would be up. that is why i focus on the need to set sales growth bar much higher.
It is about turnaround. If company were not burning cash, if it were profitable and profitability were growing, the SP would be 10x higher. This can happen if it had culture that focused on rapidly growing sales, that set the bar very high and that infused salesforce and customers with contagious enthusiasm. Stereotaxis Strong.
suggestions about whom to approach are most welcome. most on this thread are tired of existing CEO. let's get constructive and find a CEO who will put a substantial amount of his own funds at risk, draw minimal salary and transform the company into a growing titan. Stereotaxis Strong.
if they were exercised (aside from the relatively few shares by management), then most likely by institutions having advance notice of the offering and subsequently shorted on runup to $2. if all of these conditions were met (admittedly a big if) then they have committed a crime.
the only thing we can say for certain is that the "other income" (its not cash) associated with mark to market of warrants will increase. excluding the just expired warrants, there are about 2.1 M warrants outstanding and the share price is about $1 lower than last year. i'm not sure if there is a 1:1 correlation, but if there is then "other income" could be as much as $2.1M higher than last years quarter.
your most optimistic statement ! it describes the lottery like nature of payoff. it will not take additional 10 years. next year we will know about P2 and whether Merck Serono is paying for P3. This will result in mini-lottery if optimistic scenario plays out. Technicals are improving
Profits, share price etc. Set the bar much higher. Mediocrity is not an option. Stereotaxis Strong.
would love to see Japan Vdrive news. would also love to see a focus on growing sales at much higher rate with most of GM flowing to a profitable bottom line. the latter would catapault stock. bill - go for it!
market volume of warrants is not enough to cover shorts if that were the case. also if DAFNA, Alafi and Sanderling all shorted, they would only get about 1.25M warrants Bottom line, even under conspiracy theory scenario, very little of the warrants would be exercise. Which leads to conclusion that if company really wants substantial exercise, they must either release monster news by end of week or extend period to the time when monster news will be available. keep in mind the headfake to 70 pennies just before it ran up to $2+
right now, no incentive to exercise
i respect your position. i take a portfolio approach to investing. my biggest gains and losses have been in depressed small caps - some get much smaller and some get much bigger. i look for gaps at much higher prices, a catalyst, and insider buying. over the years my return is similar to buying AAPL when Jobs returned for the second time. this has a gap in the $880 - $1200 range. it looks crazy now, but so did PCYC when RWD bought shares at $1.13. GLTA