Sharps Technology Inc (STSS)

[maent]

Another Form 4.

[maent]

Inching back northward. Expecting an update on progress on the expansion of the manufacturing plant any day.

[maent]

All-time low! I'm grabbing up more. Should see numbers improve soon.

[Monksdream]

STSS new 52 week low

[maent]

Could see a run up to end the week.

[Juice555]

Thank you

Yeah I am also here for the long run just painful to watch it now but like you said it’s time to try and load more

[maent]

I did as well, and it should have. Please have a look at this link, cross reference to get the PPS of STSS competition and do some research. You see what I have seen and understand why I am not selling any of this in the near term. Understand that STSS has the latest technology in safety needles. https://www.seaskymedical.com/list-of-top-10-syringe-manufacturers/

[Juice555]

Make sense

Some people thought we will move back up once the offering closed

Thanks for your input

[maent]

As I have said in the past, I am not worried about day-to-day PPS fluctuations. This is not a one or two day process. This is a true investment. My target is 2-5 years. They are just finishing phase 1 of 5. If it drops down more, I'll move things around and average down. You have to do you. If this isn't fitting your plan, you need to stick to your guns and your plan.

[Juice555]

Still bleeding.

[maent]

https://www.seaskymedical.com/list-of-top-10-syringe-manufacturers/

[maent]

This is the link to the other syringe suppliers. Look up their PPS.

[maent]

I had a post on here a while back listing companies doing the exact same thing as Sharp's, without the safety technology Sharps possesses. Look at the list and check their price per share and multiply at .6 or 60%. It will give you an idea of a target. I have been invested in this since day one. I am now averaged sub .60, and damn happy with it. I have zero plans on selling currently. I've said since day 1, this is a 5 year hold.

[Juice555]

Thank you

Been holding for a while. Was able to grab a few more in the 60’s but ran out of funds to buy more in the 50’s

Here for the long run but it’s painful to watch the price keep going down

Hope you are right

Have a nice weekend

[maent]

It is closed (PR). This planned dilution of the stock is no longer happening from the company, and downward sales pressure has stopped. Now the market can focus on the positive news that caused this cash grab to happen, the acquisition and Nephron contract. $400,000,000 deal is nothing to sneeze at. Couple that with the expansion of the S.C. facility which is taking place NOW. This company is doing things the right way. The future is very bright.

[Juice555]

Is it closed? They released some more news today.

What does it mean that it’s closed ?

Thanks for your input.

[maent]

Hahaha. Me too. We need this offering to be officially closed. Then the PPS will start to rise again.

[saigai]

i have more confidence where this will be in 5 years than i do myself gl and thanks

[maent]

This letter is just the tip of the iceberg. The markets do not know or care about Robert Hayes. I do not know him personally either. What I do know is that he knows what he is doing in this field and was the right choice to lead this company. So far, he has been very transparent and honest. He has this company fast tracking to be a big player in this segment of the healthcare market. Go back a few months ago on this board, I listed a few other companies that are in the same business and look at their PPS. It will give you a better idea of where this should be in 5 years.

[maent]

We will see of it was good or not. So far, it doesn't look bad!

[saigai]

damn i gotta hang arund you more often.. great catch

[saigai]

i thought that was a great letter. .i guess the mkt thinks he is a liar. i dont get it.. that was a great update imo

[saigai]

https://finance.yahoo.com/news/sharps-technology-issues-letter-shareholders-145200250.html

[saigai]

news just hit so it is the double wammy sell the news numbskulls ..just have to wait it out. only 2 things can happen.. im right or i am a loser.. im ok with either

[maent]

.48s hit. Filled everything!!!!! Wow... Hopefully it bounces and they close the offering.

[maent]

Volume spike. This could go ballistic if the offering closes with volume.

[saigai]

trying to light the fire are you.. i wish i could help

[maent]

Nearly 10k. Gonna pause and see what happens.

[maent]

Loading .51s. Offer should close tomorrow. I don't believe .48s will hit. You never know though.

[saigai]

good luck..

[maent]

I have a reasonable large order in at .48. Lets see if that fills.

[maent]

I think you will be OK. Use this to average down close. When the offering closes, we should get another news release and be back around.80s quickly.

[saigai]

damn trapped like the rat that i am..

[saigai]

must be an offering...ouch

[stock1ace1]

Yes we see .79s

[maent]

Been a little longer ride for some of us. I still firmly expect this to trade with the big boys of the industry soon enough.

[oldstocks]

This has been a bouncing 4 month ride. I am out.

[TheFinalCD]

WOW STSS IS THIN I JUST GOT FILLED 94'S AND ALREADY $1 IN SECONDS

[TheFinalCD]

https://finviz.com/quote.ashx?t=STSS&ty=c&ta=1&p=d

[Awl416]

Sharps Technology Signs Asset Purchase Agreement to Acquire InjectEZ Specialty Copolymer Syringe Manufacturing Facility and a 10-Year Purchase Agreement for Over $400 Million from Nephron Pharmaceuticals

[oldstocks]

Yep I am just sitting back holding on. Needs to build interest in $STSS

[maent]

Waking up and heading south. It's all good. Just a sit and hold anyway. Ill add more in the .70s area.

[oldstocks]

Sleepy STSS is waking up

[maent]

We await numbers and delivery data. Then $5. Profitability, and we see PPS more in line with their peers. 20++ This is not a flip. The right moves with this one could be life changing. IMO

[oldstocks]

STSS should head back to the 52 week high soon.
It would be nice to see a run over $2

[maent]

Its not a 50yd dash. Patience will be rewarded here.

[Gator44]

No sales till EOY....... smh

[oldstocks]

News https://ir.sharpstechnology.com/news-events/press-releases/detail/20/sharps-technology-provides-update-on-commercialization

[oldstocks]

July Medicaltechoutlook.com has a write up about sharps

[Monksdream]

STSS new low has wash trade potential