RE:RE:Shorts Maybe you shouldn't invest in development stage companies?..
I do not mean to be rude, but you need to be patient to invest in such companies. Typically, these stocks will sleep for a while and investors end up getting paid in a matter of weeks. It is more akin to a step function than a slow grind higher. You might want to get smart and trade around your positions, which is possible for sure, but then again if a stock is up 20% one day will you truly be buying it if your cost if much lower? Difficult to say.
In this case, I believe there are other catalysts besides the FDA approval to get this rolling, but the true value creation will happen in 1Q19. In retrospect, the 6 months wait to get rewarded handsomely will seem like a no brainer. You will also laugh at getting mad the stock moving down $0.50 on no volume.
Perhaps I am wrong, but this is how I see things. What also gives me comfort, is that this stock hasn’t even begun to go through the discovery phase, a process that will start sometimes in 2019 and attract more investors. Combine this with posting huge quarter over quarter growth, and you get the perfect recipe for massive upside. All these CEPs that will be generating no to little revenues pre-FDA approval, will all start generating revenues with their existing volumes post FDA approval. Simple math, 6 clinics * 250 patients per year (one per day… quite conservative) * $35,000 = $52.5M… While I don’t think this will be the reported number (delays, ramp up, etc…) it will be a good run rate to think about the future. Once they get to 25 clinics at 250 patients years (6,250 patients per year, definetely not a stretch), this translates into $218M in annual revenues, compared to the current market capitalization of $226M… This is what I am waiting for, and why I don’t care much for what happens between now and the approval date. Recall, this is only for one indication: mild traumatic brain injury, but they have completed pilot studies for MS, stroke and cerebral palsy.
Prokofiev
Gibraltar wrote: Can't lie...this is getting pretty frustrating.
I understand the shorts are doing thier thing, but shouldn't we be seeing more of an uptick leading up to the annoucement?