Butterfly Network Inc (BFLY)

[wiredawg]

Posting something relevant, since it dead:

Butterfly Network, Inc. (NYSE: BFLY) ("Butterfly"), an innovative digital health company that is working to democratize medical imaging and improve global health equity, announced that it will report third quarter 2021 financial results and provide a business update on November 15, 2021, before the market opens.

[Cryptofan]

Wow, the price only needs to drop another $10 and we'll finally be in penny stock land!

[Cryptofan]

Today's Fluff from the news wire...

Butterfly Network (NYSE: BFLY) shared that its IQ Ultrasound portable ultrasound will be aboard a SpaceX rocket to test the device in the space environment.

[Cryptofan]

I don't see justification for the drop in the PPS to under $13. I assume it's shorters having a field day since there doesn't appear to be dilution or toxic lending...

[Cryptofan]

Ouch! PPS down below $14.50 now... Is this going from Butterfly to Butterflop?

[Cryptofan]

I appreciate you replying to my post. I was hoping that by eventually gaining moderator status, I would be able to correct the listing for this board so that people would have a place to talk/rant about BFLY. For too long this board was still referred to as Bluefly, Inc when that company had apparently gone defunct years ago.

I bought in back when it was LGVW and the PPS at the time was somewhere around 18.50. Was hoping for better performance based on all the hype from Cathie Wood's buying spree on this stock.

Not sure exactly how many people need a personal ultrasound machine anyway, but I keep hearing investors say that there's long-term market potential in Butterfly Network's product.

[stoxjock]

yeah, REAAL Sickening Price Action...

[Cryptofan]

Butterfly Network Appoints Timothy Trodden to Management Team

And the share price drops accordingly...

[Cryptofan]

Well, for what it's worth, if anyone managed to invest in this back when it was near a PPS of $27, I'm sorry for your losses. This stock appear to have stabilized at roughly $16 PPS instead and may stay there for awhile.

No word on dividends yet...

[Cryptofan]

Interesting how the price spiked this morning once the notice was released of Butterfly notifying everyone of their end-of-year earnings report...

[Cryptofan]

Not sure if anyone else is even following this board anymore, but I have to ask... What's the deal with the price drop? The stock was in the upper 20s back before Longview merged with Butterfly Network to create BFLY. Since then, this stock's been on something of a consistent tumble downwards, although the recent suppression of a rise in the price does smack of manipulation.

Any guesses?

[Cryptofan]

LGVW Merges with Butterfly Network - details

Longview Acquisition Corp. Stockholders Approve Business Combination with Butterfly Network, Inc.

NEW YORK, Feb. 12, 2021 /PRNewswire/ -- Longview Acquisition Corp. (NYSE:LGVW, LGVW, LGVW WS)))) , a special purpose acquisition company sponsored by an affiliate of Glenview Capital Management, LLC, announced today that its stockholders voted to approve the proposed business combination with Butterfly Network, Inc. with nearly 100% of the shares of Longview voted at the Special Meeting in favor of the business combination proposal. A total of six proposals were considered and approved by stockholders at the Special Meeting on February 12, 2021. A Form 8-K disclosing the full voting results will be filed with the Securities and Exchange Commission on February 16, 2021.

Additionally, the deadline for electing redemptions has passed and Longview will have approximately $589 million in cash prior to the business combination, which includes $175 million to be received in the previously announced private placement, which is expected to close concurrently with the business combination.

With this successful stockholder vote the proposed business combination is expected to close shortly. Following the closing, the combined company will be renamed Butterfly Network, Inc. and trade on the New York Stock Exchange under the ticker symbol "BFLY".

"We would like to thank the shareholders of Longview for their partnership and confidence in us since our May 20, 2020 IPO," said John Rodin, CEO of Longview. "We are proud to bring together financial and human capital, industry expertise, connectivity and an extraordinary growth company to significantly accelerate medical innovation, raise the standard of care, reduce cost and improve wellness through Butterfly, the New Image of Health."

"We are grateful to Dr. Jonathan Rothberg and the team of brilliant scientists who invested nine years to create and perfect Ultrasound-on-a-Chip, bringing true mobility, accessibility and broad utility to medical imaging," said Larry Robbins, Chairman of Longview. "We thank Butterfly and Jonathan for their confidence and trust in partnering with Longview as their accelerator, and we are excited to lock arms with the medical community to deliver professionals and patients powerful and affordable tools to promote wellness and healing."

About Longview Acquisition Corp.

Longview was formed to partner with high-quality, growing companies to facilitate their successful entry to the public markets. Longview is sponsored by an affiliate of Glenview Capital Management, a registered investment adviser with a track record of creating value through constructive partnerships with companies operating in the public markets.

About Butterfly Network

Founded by Dr. Jonathan Rothberg in 2011, Butterfly has created the world's first handheld, single-probe whole-body ultrasound system, Butterfly iQ. Butterfly Network's mission is to enable universal access to superior medical imaging, making high-quality ultrasound affordable, easy-to-use, globally accessible, and intelligently connected, including for the 4.7 billion people around the world lacking access to ultrasound. Through its proprietary Ultrasound-On-Chip™ technology, Butterfly Network is paving the way for earlier detection and remote management of health conditions around the world. The Butterfly iQ can be purchased online today by healthcare practitioners in the United States, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, New Zealand, Norway, Poland, Portugal, Spain, Sweden, Switzerland, and the United Kingdom.

[Cryptofan]

BFLY Stock Ticker Now Owned By Butterfly Network

This stock ticker has been taken by another company. Bluefly Inc no longer holds this ticker.

Instead, this symbol now represents Butterfly Network, Inc. which had previously been listed as LGVW (Longview Acquisition Corp.) before it merged with privately-held Butterfly Network.

This stock now represents a firm whose primary business is the manufacture of medical equipment.

Founded by Dr. Jonathan Rothberg in 2011, Butterfly has created the world's first handheld, single-probe whole-body ultrasound system, Butterfly iQ. Butterfly Network's mission is to enable universal access to superior medical imaging, making high-quality ultrasound affordable, easy-to-use, globally accessible, and intelligently connected, including for the 4.7 billion people around the world lacking access to ultrasound. Through its proprietary Ultrasound-On-Chip™ technology, Butterfly Network is paving the way for earlier detection and remote management of health conditions around the world. The Butterfly iQ can be purchased online today by healthcare practitioners in the United States, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, New Zealand, Norway, Poland, Portugal, Spain, Sweden, Switzerland, and the United Kingdom.

[TheFinalCD]

Look like $ACIC and $BFLY added by
@ARKInvest

@CathieDWood
today.

Look like $ACIC and $BFLY added by @ARKInvest @CathieDWood today.

— Guru 👊 (@TheGuruYouKnow) February 17, 2021

https://twitter.com/stocktrader300/status/1361841985846394888/photo/1

[Zubie]

Anyone out there??? Where is the buyer, give me 1% i'll make it happen!

[Zubie]

Buyer? I have been wanting to dump this stock for awhile but at this point do I go down with the ship??

[willlbone]

Swat that BFLY.

[traydader]

No news. No posts. 50% up. What's going on here? I shop at BF all the time.

[sludgehound]

Little booster piece Holiday Spending

EmergingGrowth.com Report on Holiday Spending and Bluefly (NASDAQ: BFLY) as indicated by comScore (NASDAQ: SCOR).

http://www.investorideas.com/news/2012/main/12062.asp

New strategy is a recipe for success

Bluefly's (NASDAQ: BFLY) new strategy is a sure recipe for success. The new strategy trades off high gross margins for increased inventory turns. In simple terms, the company is more focused on increasing the number of units sold than it is on reaping lumpy profits- this is a tell-sign of a company that is geared towards attracting customers and fostering growth. In addition, the new strategy optimizes return on invested capital. This increases shareholder value and allows the management to carry on with operations without any interference from disgruntled investors.

Although the strategy was unveiled some time back, it has already started delivering material effects- as witnessed in the company's 3Q earnings report . During the quarter, the company increased inventory turns by 80 percent, signaling increased buying among its customers. Similarly, there was a 26 percent increase in first-time customers. To underscore the increased enthusiasm from first-time customers, the company also managed to record a 44 percent growth rate in orders from international markets. A crucial part of the strategy that managed to deliver increased inventory turns was the set of incentives put forward to lure new customers. First-time customers were not only given daily deal offers but they were also given promotional shipping, which essentially translates to free shipping.

As expected the increase in first-time customers came at a cost; nevertheless it was a worthy cost considering that the company is edging closer and closer to meeting its goals. Costs tied to first-time customers (daily deal offers and promotional shipping) partly contributed to the decrease in gross margins percentages which decreased from 29.1 percent to 13.6 percent. All the same, the company as of the moment has managed to not only cast its net over very many new customers but it has also maintained a leash on its current customers. This will greatly favor the company during the holiday season and thereafter. Given its strategy and positioning in the fashion industry, Bluefly is one of the emerging growth companies that it set to benefit from the increase in ecommerce spending.

[Penny Roger$]

~ Friday! $BFLY ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $BFLY ~ Earnings expected on Friday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=BFLY&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=BFLY&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=BFLY
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=BFLY#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=BFLY+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=BFLY
Finviz: http://finviz.com/quote.ashx?t=BFLY
~ BusyStock: http://busystock.com/i.php?s=BFLY&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=BFLY >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[Penny Roger$]

~ Monday! $BFLY ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $BFLY ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=BFLY&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=BFLY&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=BFLY
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=BFLY#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=BFLY+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=BFLY
Finviz: http://finviz.com/quote.ashx?t=BFLY
~ BusyStock: http://busystock.com/i.php?s=BFLY&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=BFLY >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[eaglesurvivor]

Whoopie! The company is making money. Hmmm, no one is interested.

[MACH1]

BLUEFLY could be a FLIER Tomorrow

[MrSparex]

Oh well!

[mr_magic]

BFLY FLY !!!!

[MrSparex]

I don't take Cramers picks serious. I have DD'd some of his picks though. He's more for entertainment than serious stock advice IMO. I spend a lot of time and energy with stocks (hence I moderate over 130 boards). I have made more this year trading than I have made with my job. Mostly that was luck to be honest but it's spendable luck! Charts is a hobby with me and I like to hear most any opinions. I hate to here myself say it but I don't dislike Cramer's show. If I run into it while surfing I may spend 5 minutes there...anyway...

[illhonky]

i friggin hate cramer. sorry if you are a fan, but he is annoying. i cant watch his program for more than 30 seconds.

My interest here is that BFLY is not going down. it has just been hovering above 95 cents the past 3 months. when it hits profitability, i think it's going to be big IMO.

[MrSparex]

Yes...I agree. Personal experience is better than Cramer or messageboards anyday. Cramer says ebay stock will go down however I've personally spent hours and dollars on ebay. Others are talking about it, I say the stock will go up! I do agree with you that is a good sign.

[illhonky]

i know you have to have a membership to start boards and see pages without advertisement. i'm cheap and have the free membership. the point is, as i'm typing this, there is a bluefly banner on the top of the page. they're on msn and myspace now too. i've also recently seen ads in magazines for the first time. 3 months ago, i never heard of the company, now they're everywhere. it could be a good sign.

[MrSparex]

I'm not holding shares. I started this board but don't recall why I started it. The income statement doesn't look great...
Everything I see at first glance here is not exciting but I've not DD'd it much at all.

[illhonky]

im assuming you hold shares, yes? im not in yet. i've been watching this one for a while.

[MrSparex]

...very empty...very quite...

[illhonky]

hello, empty board!!!! muhuhwhahahaha (sinister laugh). i love the echo sound of empty boards. it reminds me of the echo of a cash register's ::cha ching:: after a store's first sale of the day.