Background is in Investor Relations and portfolio management focused on energy stocks. Always looking for opportunities to learn & share more.
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NO!
The time to buy is when you KNOW the company is already profitable!!!
The time to sell is when the company shows no proof whatsoever that it is profitable.
GNUS ran recently on hype. It has never been profitable.
If it runs again, it will do so on hype and cheerleading such as you'll find here in nauseating over-sufficiency.
The most glaring example of gambling is where an :investor" places his bet on anything other than profitability.
Cheerleaders push the gamble, pretending it's an investment when in truth it's just a gamble designed to promote the stock and enrich the cheerleader.
Tomorrow morning I'm expecting to buy 500 RCEL at $5.35.
Let's see how close I get.
If I reel them in, I'll try for another 500.
And I'll be reserving some cash for the reverse in anticipation of still lower prices.
Good luck!
I hope it works well for you.
I'm impressed that you became more proactive. That's not easy, I know personally. Lol
It's easy to push others to do what we might...or don't
Surely you won't disagree, right?
I encourage folks to do what they believe is ultimately in their best interest.
No way!
BCLI is doing far better than when I was a shareholder many years ago. But at this time much depends upon resolution of major questions whereas we know for absolute certain where RCEL is heading.
I think you showed great courage when you loaded up very recently and you're too smart to trade in thousands of shares in the hand for those in a bush.
Today's higher levels may be primed for a significant drop from here.
Mike and Trey are very smart men. I'm confident that they'd be adding now if it made sense to them.
And let us not forget following the old news and DD. There's plenty of it here!
You're not doing so bad as I add it up. As I recall you added 18,000 shares of RCEL. I've dropped a lot more than that in the past couple of weeks. In fact, I lost 42K last night alone across my whole portfolio. lol
But don't anybody feel sorry for me as my holdings are still worth a buck 3-80, whatever that is.
It's all relative. That tells me I need to divorce my great wife and marry a rich gal.
lol
This is an odd time in which we live. It will iron out or we'll have to move into a more permanent press era.
Iront that right?
If nothing else, it's a new wrinkle on an old idea.
While you're wishing for management to buy more shares, that might make you feel better. But the fact that they are not buying shares tells me their interest is in making money. They may not share your enthusiasm, at least in this moment
There are so many questions in the oil patch and elsewhere. I can hardly blame them for not adding to their positions at this time. That doesn't tell me they lack confidence, however. It possibly speaks to their ideas about investing.
It's so easy for a retail investor to wish for management to buy common stock. But why don't you buy more shares at this price you find so attractive for others?
I think it unfair to propose that others invest in our stock picks. It reminds me of the very old fable about a cat urging the monkey to pull roasted chestnuts from the fireplace.
Sorry I can't agree on this although I certainly understand your idea. But risk is for each investor to self-assign. We can't assign it for others just to make us feel good. Management also has a history of investing at prices soon found to represent dramatic overpayment.
Be careful what you wish for.
I'm down $117,489 in my RCEL holdings.
This, too, shall pass.
There was a time in the fairly recent past that had me AHEAD $304,000.
This is quite the turn-around. But it's temporary as are our feelings and even our lives!
The important thing now is to remain clear-headed and we must live in the moment. Past losses?
There's no future in the past so we need to refocus. Losses are a part of the past, not today and certainly not tomorrow.
So let's all resolve to straighten up and fly right into tomorrow.
Deal?
This is exactly what I'm seeing.
I wish you and me and all here the very best as always.
For many years I've recognized that it's really easy to identify great stock picks destined for greatness. We don't create them, we hear or read about them from others.
But it's how we manage our holdings that spells the difference between increasing wealth or just hanging on for dear life.
Oh boy! All the news that's shit to print dating back to 2017.
Or is it 1917?
What difference does it make when nobody is saying what money he put in to get those shares?
Not true. As I understand it, Arnie is working on a deal designed to make him richer if he agrees to use a topical ointment to help with his crepey skin.
I guess that'll establish that he truly does have skin in the game.
lol
DD may mean "due diligence" to some..
But it is "dumb difference" to others.
Do we need it?
It may not resonate with everybody but as far as I'm concerned, you did something good for yourself and all those others who stand to benefit due to your support as an active investor in a critically important medical care company.
The only cautionary note I'll bring up is this:
We know there are forces out there ready to push us longs into panic mode. There's a long-held view regarding reverse splits that has it that reverses spell doom.
Well, bring it on, I say! I'm armed with more cash and will be in the hunt next week following effectuation of the slated reverse split.
I refuse to be frightened off and away!
Many thanks for chipping in here as you've done. I'm betting others find comfort in your sharing.
Being as I'm eight years old, one might understandably figure I'm pushing hard upstream. The big question might be:
How long does this guy have? Will it be long enough to see Avita crowned Lady of the Ball?
Well, where I come from, ladies don't have balls unless they're doing a tea leaf thingy. But I'm happy just being a part of this festivity. And I'm happily supportive of Avita's long term goals. So what if the company isn't immediately profitable? Does that matter to me?
Of course it matters to many if not most, understandably so, at that. But when I got shares this morning at about $5.60, I knew damned well they are discounted for obvious reasons. Covid-19 is one, clinical trial slowdowns do matter, of course.
But in the end, all the shoulds and mights and woulds and coulds speak to only the subjunctive.
I prefer to live in the real world. "Would" is not in my personal lexicon. If I can't see, smell, converse or touch it, I'm not going to dance with it.
Avita is a beautiful, engaging lady and I'm perfectly content to trust my instincts as I court her. And my loving wife dances with us too.
As for a final result as an investor in Avita?
Well, I'm not on any meds whatsoever. I am in perfect health at the moment. And I work at maintaining it daily without exception. So I'm thinking I will likely see this relationship come to wonderful fruition. And if not? My charitable trust will. Either way, I'm having a richer-than rich life and executing as I believe best rewards me and my circle of intimates. No regrets whatsoever. And I feel good having decided to invest in a company seeking to make people feel better and pain-free in countless ways.
RCEL will be dropping again and probably lower, still. Today's drop will not likely be a stand-alone phenomenon.
This is so because conditions bringing about this morning's severe drop in share price won't be going away like a case of the vapors. lol
Opportunities will again show up and it's for the astute investor to dance with the pretty lady. So I'm saving allocated cash for whatever is awaiting us around the corner.
Today's downward move is probably a test aiming to push us into panic mode. Industrial psychology has been a big deal for many years now. Knowing this is of paramount importance:
Companies on Wall Street pay huuuuge bucks for information relating to how to sway the public into buying, stock investing, merchandise, selecting the perfect jobs and far more.
We now blame algos and quant machinations but what we call it isn't important. How we are likely influenced is of paramount importance!
So, then... $5.59 to $5.62 is a fantastic price based on recent lows but that does not mean we won't be seeing the $5.50's and lower in the next week or two. I believe shares will drop further, perhaps closer to $5.00.
I predict we very well may. And market forces could push down even harder than that.
So I'm holding onto my cash reserves for the moment. And if I should be wrong in my expectation of lower prices? I can live with my current share position. And I'm sure I'll be able to find other great investing opportunities. So I'm not worried in the least.
Best of good fortune to all!
OK, here it is---
I'm hunting for RCEL shares in the $5.60 range. A nickel higher or lower is OK.
When I woke up this morning at my usual 4am, I knew that the push-down would continue. But it's a farce for sure. After all is said and done, "discretionary" may mean different things to different people but I know this for shit-sure:
You won't get hired with pimples oozing on your face. You won't likely find a girlfriend or wife or male mate either.
And if you're suffering burnt skin? Forget it.
The bottom line here is so obvious:
Some things we can delay, some we can't and/or dare not.
Skin care ranks up there in the top 5% or so in terms of personal importance. We can wear last year's dresses (Not me, my wife would trade me in for a newer model.) and we can delay teeth cleaning and scratched eyeglasses. But deteriorating skin condition and pain from burns?
You can answer it.
So then---why is RCEL getting beaten up along with MNLO as though they were extensions of GNC or Macy's or JC Penny?
The answer is so simple that I can sum it up in one little word:
Stooooopit!
Checking, it appears I now own another thousand shares of
RCEL.
And I'm in the hunt for more.
Let us know what you're doing, please!
Not sure how to interpret your Covid remark. I hope you haven't come down with thedisease.
Nothing has been said about ongoing initiatives other than acknowledging that we are in slow mode due to the virus.
So we wait and watch and sometimes buy when shares drop unexpectedly.
Why is bv this concerning?
It would be for me if I were using margin but as I'm not, the timeline is quite immaterial.
GNUS has 55 million in cash on hand now! No one expected them to have big revenues from the past quarter.
Are you suggesting that they earned 55 million $ "from the past quarter"-???
They earned nothing! Any money they have in hand resulted from numerous secondaries. None of it was earned to the best of my knowledge.
I'm seeing an awful lot of misleading reposts of shareholder letters and other items published by Andy in order to convey an image of something suggestive of future promise built of dreams based on would-be success.
It boils down to a whole lot of hyperbole posed in the subjunctive.
The SEC doesn't think much of "could, would, should, will..." etc. as per oft quoted comments dating back to 1934 and part of every prospectus as well as shareholder meetings held yearly.
Speaking for many here, I sure hope you're right.
However, my instincts tell me I need to be cautious as I don't have a complete read on the near term future for Avita. As a matter of fact, I just sold my NOK position at a slight loss just to add to my available cash piles as I anticipate RCEL shares will come to roost at still lower prices.
Reverses do not tend to go well at first. I'm not courageous enough to deliberately place myself in a battle against the tide. So I'll wait and see if shares drop beneath your $5.80 price point.
I hope I'm wrong and you come out doing great.
Old news is probably better than current news if it's designed to promote the company.
But this news dates back to June 15th, That's nine days old---like peas porridge hot---oops---maybe it's not so hot after all.
Then too, is it news or part of a scheme that has Andy selling?
More "news" older than a newspaper dating back a full week and a day?
Maybe we'll soo be eating last month's lunch too? Again, that is.
Alluded to?
Eluded to?
There's a very important distinction here yet to be represented.
Also, the tweet is trying to build a case for what may be nothing at all. We can surmise all sorts of things but given that there's no concrete information, this whole thing is built of nothing more than wishful thinking and an attempt to build value where there may not be any.
Until GNUS proves itself by posting profits, it's nothing more than dreams, fiction and hyperbole.
Uh-oh!
You got me!
Arghhhh!
I agree that good things may come. The problem I have with that is timing. It would be unwise for me to tie up available cash now as the entire market teeter totters on the brink of a new bubble showing weakness.
If things get as bad as they did in March, a new bottom may be in store for many stocks. Those with a history of never having been profitable will be the most severely affected.
No, noooo, nooooo.
I hate old people!
That's why I stand in the mirror every morning while eating breakfast. That way I'm not dining alone.
But who is that other guy, anyhow?
Oops, gotta run. Them white coated guys are coming to visit.
LOL
I hate old!
Except for my wonderful wife, that is.
They do not build houses!
They claim to build panels to be used by builders but they are not builders, themselves.
This company is being represented by people either out of the know or by those in the know but deliberately misleading others for whatever their reasons.
If builders in the area are building, then it becomes obvious what a sham this is. A simple phone call or two to area builders should remove any doubts.
Thanks to you, I'm feeling less alone here.
It's never fun standing alone. And while I'm a hobby farmer I'm not in any dell that I know of.
lol
The DOW is down but GNUS is down five times as much!
That's an example of holding up well?
With RCEL shares down to $5.81, some will no doubt be thinking we're coming in hard to the buy area.
I strongly disagree.
It was just a few weeks ago that I managed to pick up a thousand shares at $5.70. I got lucky and stated as much on this board.
The stock market recovered handily after having experienced a terrible period back in March due to the oncoming pandemic. And now, younger people foolishly collect in larger groups despite warnings, and doing so often without minimal application of social distancing rules and suggestions such as wearing masks and frequent washing. As a senior I am concerned and I do all I reasonably can to avoid some of these mistakes of judgment perpetrated by those younger than I.
And now, as we see the bubble once again at risk of rupturing, investors may misinterpret things a bit. After all, does a hungry person look the other way when a feast shows up unexpectedly and all that's needed is to pony up a few bucks to take advantage of those precious things available?
My argument would be that this is just the beginning! There's no way to get a meaningful read on things based on what we're seeing so far.
Worse, if today is any indication, then at what point in the timeline are we? How do we read signals not yet apparent let in view?
Sure, $5.80 is looking awfully pretty right now as we move into the third hour of today's session. But I got shares recently at less than that. However, based on recent patterns, $5.80 is very attractive except for one thing:
The reverse split is feared and with good reason as reverse splits frequently invite short attacks. This is why I've got money set up to apply when I believe we are in a bottoming process. But there will have to be lower lows before I buy into any patterns representing a firming-up signal.
My unsolicited advice:
This is not the time to be buying!
I'll first need to be thinking that we are not likely to drop further. Today we are appreciably lower than last night's close. Does it have anything to do with the reverse split yet to come?
Maybe. Maybe. But do we know that for certain?
Absolutely not!
That tells me some people are frightened and shaky.
It's understandable without any doubt. But the investor part of me knows that there will be better prices further down the road. About seven to ten days from now I'll be looking more thoroughly at what's sitting on the table, available for the taking. But today is not the time because not enough cards of fate have been played.
Good luck, folks. And don't let yourself be blown away by early hints of volatility such as we are seeing right this moment. Volatility can present money-making opportunity.
More rehashing of older than old news!
This piece of crap dates back to June 16th. Today is the 24th!!!
It did no good then and it won't now either as it tells us nothing meaningful.
Wow! I'm so verrrrryyyyy impressed!
And I would suggest you look into Internet-based fraud.
'Tis a slippery slope, indeed.
You're very welcome.
Thank you for your trust. Much appreciated.
I'll be detailing my buy points and execution as they develop. This includes buy points before they execute.
At present I'm holding 65,000 shares of RCEL. This is my dream position so I'm in the hunt for fun and a lower cost basis.
I've got two cash cushions set up:
About $15,000 is set up for buys at what appear to be wise buys. But there's another $20,000 available should we be shocked that the shares could be pushed down really fast and hard.
The important thing now is to determine what you've got available to spend---without margin or other borrowing.
Best of good fortune to you and stay close---this is why we're all here.
Len
A poorly drawn caricature hardly means Bill Gates is on board.
It sounds like mistakes were made due to confusion on the part of media coverage.
Great contribution as always!
Thank you.
Others here may be better versed in insurance-related issues you bring up. So I'll defer to them.=
As for my overall take?
My expectation is that cosmetic use will be the biggest financial driver long term. Also, diabetic foot ulcers which represent a very real potential life-saving situational crisis for the afflicted. And pediatric applicability will extensively broaden our utility area, of course. Vitiligo fits into the cosmetic area, by the way.
Japan, with its largest global healthcare opportunity second only to our own---will prove to be quite a boost\ when officially signed on.
The pursuit of burn treatments is the backbone of Avita's pursuit of marketplace opportunity and for good reason...BARDA money is good and plentiful money. In my mind it's a given---burn application may not be the most lucrative but the need sure isn't going away any time soon.
Now, then---while we work towards RCEL becoming recognized as the standard of care for serious burns, we also pursue these other applications.
As an investor, this fits closely to how I manage my portfolios. I have longer standing holds (stock picks) while nursing along a batch of picks I've got in the incubator. These are picks in various stages of proving they deserve to be in my stable.
Hope this helps! And thank you for asking. Great questions I'm sure others will wish to expand upon.