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Good theory. Hopefully they can afford to catch up on everything from the rough years with this influx of revenue. Let's see if it pans out. Thanks for sharing--it would be great if you are correct. Then there is truly light at the end of this looooooooooooooooong tunnel.
So then, if true, they haven't been making the significant money many of us have thought all along, or they've not managed it well. It's just been since they have started the portal and reading allergy testing in bulk that they are making lots more. I hope your theory is correct. That would be sweet to see fins this week. I'm still not expecting them. Mark may find a way to screw it up.
Thanks, Jeff. And you came to this conclusion how?
Thanks for posting. Just under 30% Quarter over Quarter revenue growth. Should ramp up quickly the remainder of 2019.
That's a good assumption IMO, gman. Good, accelerated growth is something we should see from VATE throughout 2019. If we just see a very conservative $1M in revs this year, at a 35 multiple, we have a .07 stock. ($1M X 35 = $35M / 500M shares = .07/share). Hopefully we make up some ground soon on our valuation.
Now you can get some more 2s...I'm so tired of 2s.
Great email, Jeff. IMO, Mark blows off requests to communicate proactively with shareholders. The week before one of missed fins filing dates late in 2018, I emailed Mark to proactively let shareholders know by PR, or some other method, if the fins would not be filed as stated. He replied that doing so would not be necessary. We all know how that worked out. I have no expectation for filing of fins based on anything Mark communicates via email, nor by our best guesses for what makes sense. I hope I’m wrong and fins drop next week. They’ll be filed, but who knows when??
Great guess. Actual 3.76M!
I said "may" be a world player. We'll know more when fins drop, but I expect ARYC to be a top competitor in their field. All MO.
I think you're about 5 shares too high. LOL
Not a scam, but quite the opposite, a company that may be a major player worldwide in the medical field IMO. You’ll see.
Bring it on! I'd love to see VATE rip through .04 and have some smooth sailing to .07.
You may be right--fear is a big driver. People don't want to miss this VATE train we've all seen coming for some time. I hope there is a mad scramble. Us "bag holders" are going to love it as our bags start overflowing with VATE cash.
Let's see how close your guess is. If you're close, we stay in the high .03s IMO. We'll need more umph to get past the 200 DMA at .04.
Been here since Jan 2017 waiting and loading up for this day. Time for the VATE train to roll !
Looking at the chart from the last breakout, it took appx 18M shares to make the move up to .05. Not sure if that much would be needed this time since we already broke the 50 DMA.
I don't have a volume guess--how about you?
On previous breakouts, VATE usually has one day in the run where price increases over a penny, and up to a penny and a half. Last time, as you can see from the chart, it broke up through both the 50 and 200 DMAs in one day, and climbed from appx .0350 to .05. Let's see if that kind of increase happens one day this week, or early next week. If so, we could see .07+ by the end of next week.
Bless you! What a great gift to your son.
They needed help long ago. It's long overdue. IMO, doesn't bode well for filing fins anytime soon. I think it will take some time to get it right.
Sounds like they’re getting their billing and receipts in order.
Thanks for the info, sleek. Always encouraging to read your posts. IMO, VATE is about to leave the bottom of the barrel for much loftier valuations. This week should be good. This year could be golden!
Glad it seems to be working out for you! GLTU
Georgie, thanks a lot for the great technical look at VATE. Excellent, as always. It looks like we need to break .0340 and .040 to be on our way to the top of the channel at .07+. Hopefully we see one of those patented 3 week runs for VATE. With reporting coming by 5/16, if it looks good like I expect, that could propel us to the top of the channel and maybe beyond, depending on how good the news is. GLTU and all investors here.
Been there twice recently and it's sold back down. Some day it'll move and won't look back.
You got that right. I'd love .10 soon
And still adding....
I've added some more today, also.
Who knows. It seems one guess is as good as another.
Oh well, I'm not anticipating fins until mid August at least anyway (filing date for Q2). So that wouldn't push them out much longer if they're waiting on the case to settle.
We'll find out soon enough if it's just a tease, or if VATE is free to move about the country.
Good comments. Execution!
That would work, too. Need some substance to the PRs, like names of distributors and specific number of sales and revs, so we can get a better feel for how this is progressing.
Possibly, but don't count on it. I'll just wait patiently for the fins, and take all guesses (including my own) and any correspondence from Mark with a grain of salt.
Although recent rollout of CBD coffee and tea won't be in Q1, it would be fantastic if RM would put some indicators of Q2 progress under the management discussion and guidance section.
That's funny, Jeff! I think he knows you've been around a long time, and that he screwed up by not delivering financials when he promised. Hopefully you're on the money here, and we go up soon, and keep on going up for some time with the growth the company has been experiencing. We'll see if May is the month. I'm not holding my breath this time, but it would sure be nice if we see fins.
I hope you're right. Sure would be nice to have an explosive May, and then keep on going. We'll see soon.
My pleasure-thanks to directmoney for the info/comments.
From a post earlier today by directmoney: