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On Bloomberg it says he has been EKSO board member since 2014 (not 2011 like the PR states) and I cannot find anything anywhere about him being co-founder, except in the PR...still looking
This is from Bloomberg..."Mr. Jack Peurach serves as an Executive Vice President of Products at SunPower Corporation since November 2011."
He was not among the 9 photos listed on the "Leadership" page on the EKSO website.
I'm not sure that he ever left, it says he has been a Board Member since 2011. It only says that he was with Sun Power until 2011. Has he been with EKSO since 2011, other than Board Member?
Could be only a temporary move, who knows?
Gives us more DD to do!
I guess now we know what the movement in share price lately was about.
I am curious to see what the 3 people that are leaving have done or will do with their shares.
3 people leaving at once and on short notice. Mr. Looby, Howard Palefsky and Amy Wendell all leaving effective 9 Mar...I would say that is a BIG disagreement on company direction.
This reminds me of what I saw while watching the TV show about The Rise and Fall of Tower Records. (although much different industry and under different circumstances). Investment group came in and gutted the core group, taking away the human emotion connection of the company with it's employees and customers.
I feel like all the people involved in this company's beginning had true compassion and concern for the patients, a belief that their devices would improve their patients' physical and emotional well being. That was the #1 reason for the company. Those people are pretty much gone, now it is money men, and making profit that drives those in control.
It seems to me that Mr. Looby just found out how it felt for his predecessor. He was brought on to take the company to the next level and probably instrumental in getting Puissance involved and not they are showing him the door.
While I do understand that a company cannot continue functioning if it isn't profitable, losing sight of the real reason for the company in the first place is not the answer either.
These are only my feelings, nothing factual, we will never know the story behind the move. Like you said Porsche, could be a rocky road.
While not an EKSO specific article, this article provides tons of information and plenty of other links for those interested in learning more about exoskeleton technology, how it fits in with rehabilitation and also gives you an idea of the size of this quickly expanding industry and many of it's players.
https://www.robotics.org/content-detail.cfm/Industrial-Robotics-Industry-Insights/Driving-Robotic-Rehab/content_id/6938
Thanks PW...I did not look at that feed...I guess I need to pay more attention.
Another question I have. How do you make money trading 100 shares of a 1.50 /share stock that is trading in a .10-.20 range?
Can anyone explain to me how a trade for 100 shares goes through for 1.35 (-.16), then a trade for 50 shares goes through for 1.67, put it (+.16)?
EKSO to report Earnings Tuesday 13 Mar...see the News Alert above the message board
Two things of note in this article...Mr. Looby's comments and this line..."The Ekso therapy was covered by insurance as part of the rehabilitation"
http://www.dispatch.com/news/20180304/robotic-exoskeleton-helps-patients-learn-to-walk-again
Watching this stock is very much like watching grass grow, paint dry, cars rust and some of my previous employees work...LOL... I don't see how anyone can make any money with it right now, not the shorts, longs or traders.
The reward for putting your money here is very low right now.
We need some news of sales or new product introduction to get this thing moving. I don't think the earnings report will provide any spark since they already made a preliminary report. Last time they did that, I seem to recall that when they announced actual earnings, it was no different than the prelim. The PPS did move up a bit for a while but then came back to where it had been.
Chart is interesting because it looks like the 10/50/200 DMA and closing price are all converging at at earnings release time. I have no idea how to play this. I am still on the sidelines, we may never reach my buy in price. I still have a some time to figure out what to do.(as long as there is no news)
SXSW Interactive Innovation Awards
2018 Finalist in the Health, Med and Biotech Category
Health, Med, & BioTech
Honoring the new technology that best improves the quality, efficacy, and cost-effectiveness of prevention, diagnosis, treatment, and care in health and medicine.
MasSpec Pen by the Eberlin Lab at The University of Texas at Austin, Austin, TX
EksoVest by Ekso Bionics, Richmond, CA
Spark: An Autonomous Fitness & Rehabilitation Platform by James Simmons, Gonzalo Gelso, Hwanghah Jeong, Dipali Bajaj, Zhaolin Cai, and Andrew Sibert, Savannah, GA
Movement Tracks Project by Center for Music Therapy, Inc., Austin, TX
Turning Machine Intelligence Against Lung Cancer by Booz Allen Hamilton, McLean,
https://www.sxsw.com/awards/interactive-innovation-awards/
Looks like I was a bit pre-mature with declaring that it broke below the 1.40-1.60 range. It was a one day break below and has since been bouncing around within it. That complete break may come with the 50 day and 200 day cross over.
I think a flaw in my analysis is that I did not factor in the amount of shares owned during the two periods of the 52 week chart that I compared.
I believe there were many more shares owned during the second period so support levels are probably stronger.
I am still watching for a break to the lower levels. but have to keep an eye out for a break out of the 1.40-1.60 range. Unless there is news I see no catalyst to cause a break out.
All I can say is that I am maintaining the buy I have at lower level. Others may NOT want to follow me there, you could miss a move upward.
For me personally, I am OK with missing part of the move up, I hate getting caught in the move down.
Old saying I remember from when I was kid..."Wait(weight) broke the wagon...patience built it up"...I'll be patient.
In the meantime I have that money in another stock that I had already owned. It's up $2.72 a share from $80 in just a few days, while EKSO bounces around. Plus, picking up dividends.
Today's action looks pretty good for those who are holding shares currently. I'm not convinced that we have seen the bottom yet. I'm not going to chase it. I'll be patient. If I miss a run, oh well. I've learned to be happy with my gains and not dwell on the missed chances. Often times if you jump in you end up wishing you had not.
This would be a great opportunity for you "kpisme", to sell everything. You won't have to worry about it bleeding red anymore.
I doubled my shares of a company that I have owned for many years. It had a huge pullback during that market dump. It has been a good company and stock for me. I will also get some extra dividends while the money is there.
I would have to agree, dead money right now, I thought it would head even lower but it seems to be stuck at around 1.42. I am still out, I have a buy in at a lower price. Still watching and researching though. Actually put the money to work for a while until it got closer to my buy in price.
For anyone new to this board, EKSO or the exoskeleton industry, or anyone wanting to read something they may have missed, here is a link to help you get caught up on many things that have happened in the past, concerning EKSO. The link is to the Ekso Bionics archives at "EXOSKELETON REPORT".
http://exoskeletonreport.com/tag/ekso-bionics/
Excellent post Rhet...thanks again!
My buy order has been in for a little while, I just hope I didn't set it too low. I set it at a certain price because I want to get a full 10,000 shares with the money I have set aside. I also want to give myself a trailing stop cushion high enough to kick me out and protect from too much of a drop but low enough so that it doesn't kick me out on a low intra-day trade. This is where the luck comes in...Good luck to you!
Also pay attention to the RSI-14 chart...the slide to $1.00-$1.20 and how quickly it slides will determine if we go into oversold and when.
On 24 Jan I posted this...
"Into that 1.40-1.60 range now. I'm thinking we will be in that range a few days, maybe 9 days and then slide again. Could see drops to the lower end and jumps to the upper end of the range during that time. That would slow the decline in the RSI-14, keeping is at or just above oversold.
Once it starts to slide again I will be watching very closely for news that will spark any rally. If no news before earnings release I think we see the 1.00-1.20 range (my buy is in that range)"
Feb. 1st, I also pointed out that $1.40 was key. Today began by continued testing of that $1.40 until it broke.
Turns out I was one trading day off (3 calendar days). Now comes the slide to $1.00- $1.20. Looking at the 52 week chart, there is no support from here to $1.00-$1.20. Now is when people will start selling to save themselves from the coming drop (which will contribute to the drop). The 50 DMA has begun to drop the high close days from the average and replacing them with lows, so it has noticeably begun to drop.That will contribute to the further decline.
I believe there will be a few tests of the $1.00 level, if you believe in this stock, have your cash ready, this is what you have been waiting for. While I think we will be in the $1.00-$1.20 range for a while I don't think we will be at the lower end too often or for too long.
Yes, there is always the chance we break below $1.00, but there is A LOT of support there. A break below $1.00 would not be good and that is where I would get out, because as I said before, that would bring about the possibility of a R/S which would be terrible in my opinion.
Again, this is all just my take on what has and will happen. If you care to, look back at my posts since the jump, what I said today is nothing new. The chart has repeated what it had done from mid Mar to June, in just about the same time period. It forecast where we were headed.
We should be in the $1.00-$1.20 range just before earnings are released, if they verify what the preliminary release stated, we bounce along in the range. If they surprise with some update, we begin the climb back up.
Now that we are at 1.40, I wanted to explain how I came up with that as my low range number (1.40-1.60). Before I do, if you look at the daily chart for today you will see that there have been several attempts to push below 1.40, so far rejected.
I looked at the 52 week chart and noticed that on 21 Jul 17 $1.40 was the intra-day low where it bounced off of and jumped to a high of $1.93 and a close at $1.73. It went on to a short run.
I then looked for other points that $1.40 may be key. I went back and found that it was also the intra-day low on 14 Jun '17 when it jumped to an intra-day high of $1.92 to close at $1.81, after which it went on a short run.
Then on 23 Aug '17 it opened at $ 1.40 but fell below and had not closed above for 2 months.
Agree or not, that is where we are now. For me, a close below will begin the final leg down to $1.00-$1.20
I really don't think it will take negative news to put us in our buy area, it seems to drift lower as long as there is no positive news. As it drifts lower there will be those that sell for one reason or another (can't afford to lose any more or don't have time to wait). That itself puts downward pressure on the stock. That is where the self-fulfilling part comes in.
I still believe what I said in post # 4893 holds true. We are still in the range, RSI-14 has held just above oversold. That along with no positive news make for no real catalyst to cause a move upward. Also, the 50 DMA has begun coming down. The high closing prices of 17-24 Nov are just coming out of the average (we had holidays in there and I believe the avg. only counts trading days), it should turn down quickly now. As I said previously, I believe chart and PPS will become self-fulfilling until it reaches support. The question then will be how deep into the support level will it drop and when do you, I or anyone else feel comfortable waiting to buy in.(before it begins heading back up).
I really have to laugh...for weeks you have been crying about EKSO bleeding red but still have not sold off all of your shares! You have had plenty of opportunities to sell since you started your ranting, what are you waiting for? Waiting to sell lower? In that case keep holding because I do think it will slide until it reaches support at $ 1.00- $ 1.20. I will buy your shares then.
Does this phrase look familiar to you?...."NO BODY listening to rants of the insane"....it should, it is an excerpt from one of your posts on another board.
Time for you to move on. This stock is obviously not for you.
In a recent post I also gave a range between which I will put every dime I have made back in, I will also protect it with a trailing stop as. I did before. Back then I came within .01 of being stopped out and missing the last big move. Sometimes it takes some luck along with studying, DD and faith in you decision.
The reason I will not give my exact buy in price is that I don't want anyone to think I am recommending they follow my actions.
I will say though, at 1.00-1.20 range, I don't see much down side risk, especially if I protect with stop loss. If it slips much below 1.00 I will be out because that brings up the possibility of R/S. I do think there is far too much support around that 1.00-1.20 range for that to happen.