The ramp in revenue and profitability is clear. 3 (or 4?) quarters of better top line and improving bottom line. Pattern seems to be volume and price spike 2-3 weeks prior to quarter announcement, and then price settles into newer higher price as volume diminishes. This is a long term hold (2-3 years). As company enlists more ODs and MDs, and writes more scripts for Avenova, price will climb back to $12-$15/share in 24 months. Good luck all longs.
Well now, that was a good earnings report! Maybe some retailers will now jump in and chase us into the $5-$8 range. Best of luck all longs.
This is sooo boring watching the pros trading among themselves to simulate retail interest. Only the announcement of continued revenue increases and improving profitability will move this stock.
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Here come the ride up!
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Apparently the FDA meeting to review peroxide disinfectant options was less that overwhelming for NBY...
NBY needs a day were the float does a rotation, so far average volume with very little selling...with a small float and and very low volume traders don't want to get stuck in this one...
Buyers are on strike today...darn it 🤓
Small cap with a tiny float. How high will NBY go before she's bought out?
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NBY is getting ready to start printing money. Enjoy the ride back to the 20.00 range.
I spoke to a client that just happened to be using Avenova for her dry eyes. She said she had tried a knock off brand and it did not work. She switched back to Avenova and her dry eye problem is not an issue. I love hearing real work unbiased info on a company I'm invested in.