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Response Biomed Corp RPBIF

"Response Biomedical Corp is engaged in the research, development, commercialization and distribution of diagnostic technologies for the medical central-lab testing, point of care (POC) testing and on-site environmental testing markets."


GREY:RPBIF - Post by User

Bullboard Posts
Post by Hurting20on Nov 14, 2004 11:58am
137 Views
Post# 8176159

Not Being ignored

Not Being ignoredI disagree totally that the market ignored the last releases of a new super hero staff member and the sushi "collaboration". We are currently trading at a very very steep rev multiple. The "market" in fact is being very generous here, as for where the rubber meets the road, in the performance of the company it is poor. revenues are not growing in fact they are shrinking, and the commercialization phase is now nearing 2 years old. I think the stock is priced handsomly and the only thing that will move it is a fundamental change (no not the catch word fundamental that old farter uses). Revs should be growing by 25% a quarter, not a year over year comparison dreamers. Are not even the pumpers offended by the late Friday financial release. That is not the act of a strong world leading company!
Bullboard Posts