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ReShape Lifesciences Inc. (RSLS)
NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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As of 09:32AM EDT. Market open.
3,569 reactions on $RSLS conversation
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Do you guys follow (
)? It seems way better than all the spam on the RSLS board - The alerts have been great!
Officially, we destroyed the stock, unfortunately, a sub-par management
"We are grateful for the opportunity to talk with the hosts of the Big Biz Show, a program focused on giving a platform to businesses on a serial growth path. Over the past few months, we have achieved some significant milestones that optimally position the Company for continued success, and we were pleased to share our progress and current focus with Sully and Russ," commented Bart Bandy, President and Chief Executive Officer at ReShape Lifesciences.
wednesday 4 millions shares traded
yesterday 5,8 millions shares traded.
movement of sp almost the same in both days.
rsls is less worth than before merger .something smells very fishy here.
obln shareholders lost more than 30% in the last 2 days and there is no official statement of this unable management how many shares are really outstanding now.my guess according last filings 6.8 millions.
either this thing is fraud or someone is loading his truck here with shares.
anyway rsls has a lousy management and milking shareholders money.
Does anyone have idea why the price keeps going down? The products of the company are pretty good and FDA-approved. Also obesity is a huge market. More and more people suffer from obesity, which is also a big risk factor for severe COVID disease. Besides, words from CEO a few days ago probably forecasted a bright future. I just don’t understand the dipping price. It doesn’t make sense at all.
1. Q2 revenue compared to Q2, 2020 --> 107% increase
2. Q2 revenue compared to Q1, 2021 --> 10% growth
3. Q2 gross margin compared to Q2, 2020 --> 61% vs. 49% (gross profit: 2.1 million vs. 0.8 million)
4. A lot of cash (cash and cash equivalents totaled $40.2 million.)
5. Increased practice with Lap-Band procedures. --> a better place in weight loss industry!
6. Lap-band manufacturing was shifted to US. --> better operational efficieny!
Amazing Q2 results. A bright future for the company.
are we gonna make a rocket in one week or what? nobody sale till 20$ ....DEAL?
They have done 8 RS since 2007. Including 1-70 in Dec-2016 and 1-140 in Nov-2018. The last 3 years they have done 2 per year (June/July & Nov/Dec time frame). These are the kind of stocks that do RS rinse & repeat. Might be great for a trade and if your are lucky to get in/out during a squeeze, never works out over time. Most retail investors get sucked in to this and lose a ton of money. To put in perspective if you had invested 513 billion in RSLS in Dec-2007, you have have $5.85 to show for it today.
This is gonna pop up. From CEO's words, the Q2 result is very likely amazing.
This stock has got great potential to pop anytime now, especially anticipating a strong earnings report coming next week..
Hedge funds own over 50% of RSLS shares. Just hold patiently and keep averaging down the price if you can. Really no need to worry.
analysts said earnings would increase 850% up at second quarter.
let's wait and see by 5th, August
it will go to the moon
On its way to its $18.50 pt by AGP 🙄 ￼
Besides my dumbazz, is anyone else holding shares at $18+ ?
2021-10-08 13:24:00 GMT DJ ReShape Lifesciences Price Target Announced at $8.00/Share by Maxim Group
Little profit and no debt. They did better then I expected. this company will only increase in the next quarters to come
AGP Buy rating of $10 initiated today 🤔
- Thoughts on what this means?
SEC FORM 4
Have no problem holding this over weekend wake up to 13 to15 in premarket on Monday.
if you had 1000 shares of OBLN yesterday after it's massive dump and which closed at 3.05 your net value would have been $3.050. Today now that there was the merge you are now left with only 333 shares currently trading at 7.77 which is now worth $2,587. I wonder if even Anthony can figure it's a LOSS !!!!!!!!!!!!!!!!
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