RE:Emotions and retailWalkOverTheStrt wrote: Noticed 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...
Interesting perspective, but perhaps you can provide some data to support these points:
“COVID is lifting which has impacted hospitals purchasing / sales efforts “
This a is an excuse for no sales pushed on these boards that lacks a basis in fact.
For example, it didnt impact GE;
‘Full year 2021 (prior three-column reporting format1; variances on a year-over-year basis)
• Total orders $79.4B, +10%; organic orders +12%
• Total revenues (GAAP) $74.2B, (2)%; Industrial organic revenues* $70.2B, (2)%’
https://www.ge.com/sites/default/files/ge_webcast_pressrelease_01252022.pdf
-‘VMS 4.0 is in process of being tested which if successful adds to the valuation (potentially 1-3 hundred million) ‘
Can you show your math on this?
Considering there are no sales-zero-in the MRQ, it is strange to hear this number thrown out there.
We have heard numbers like this thrown out many times-never has it been realized.
-“No requirement for capital “
Really?.
No requirement for capital?
How do you figure that?
Why was there a recent capital raise AFTER it was stated that the company was fully funded for 3 years, then 2 then poof-another capital raise and dilution.
- “Guiance of 80-100 unit sales Q4 2022”
What HAPPENNED to these stated sales of 80-100 last year -these same numbers.
See its easy to make these claims, keep pushing the number froward.
Yet, there have been no sales.
Zero in the financials
Appears to be "placements" only.
Why?