Emotions and retailNoticed that most of the Ventripoint message boards (including this one) have gone negative with many former longs or assumed longs stating they sold out.
Part of this change (assumed) is based off emotions of watching the stock price erode without any news of sales, large distributors and GE HC launch date. Those points and a poorly executed call have many throwing in the towel.
From a risk reward view I am going to hold for the following reasons:
- George on the recent call stated GE HC is still proceeding Q1 2022 as well as other distributors (Europe and NA) are moving fwd.
- COVID is lifting which has impacted hospitals purchasing / sales efforts
- VMS 4.0 is in process of being tested which if successful adds to the valuation (potentially 1-3 hundred million)
- No requirement for capital
- Guiance of 80-100 unit sales Q4 2022
For me to sell at a loss now when the GE HC rollout is still a go isnt practical. What i do not understand is for those that sold why are you still here? It appears to be out of bitterness and inability to let go / learn from it and move onward...