RE:Exposure?bluemoons20 wrote: Is this stock getting much exposure. Seems like a lot of announcements over the past few days but not much movement in the share price. Is this a good entry point for this stock??
Thanks for any input
Now, it is a good time to pick up the stock.
When production related good news accumulate, but share prices are behind, company become undervalued. Not a bad moment.
Now, negative financial result bring it down.
So, we have situation, when future looks good (in 3 month number of contruct of 2022 = 12 month of 2021); but shares are down.
In more long term future (year from now) and I am for long-term hoding, 2022 will look very strong compare to 2021 (the fact that 2021 is down will make better contrast).
Alternatevely, you can wait for dilutive share issues, but that is very speculative. Management may wait until s/p is .4 and then make offering at .35.
Right now, contract signing and US market exploration is they key. I like their idea of phone app, but they need to go beyond TB. It is app for professional on the go, won't be a popular app.
So, far the company is moving at impressive pace. They need to keep increasing revenue at 3 folds a year, to become strong player in this market.
CDX seems to have a good product to do so and management signing contracts.
Exposure is somehwat a missing, but to have exposure one need a backing. Medtronic is a good one.