Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Maybe reaction to the Ford Ekso Vest article, but they have been using them since May. I'm searching to find some news, nothing yet...I just hope it holds there now.
Bobby...Thanks for the reply. Although it would be great to hear more of where EKSO is headed I still enjoy reading any article concerning the industry. Keep up the great work there at Exoskeleton Report.
Sometimes you will see some movement one way or the other which gives you a feeling about what investors are thinking prior to the release. Not seeing much here right now. My guess is we see no real disappointment but no really positive report and the stock continues doing what it's been doing...NOTHING...lol
I don't think we will ever see large contracts for the GT. Just one or 2 sales over many different customers. On the industrial side, eventually we may see contracts for several units but those are lower priced units. I think we are still a few quarters away from good numbers of all products being sold. If they give us sales numbers like last time we are in some trouble. People are already impatient. I'll take any number that gets share price moving upward instead of flat.
To your point "golfblues"...I agree that if there was any substantial sale to a large customer it would have been on their web page or in a PR.
I am so glad I didn't make the move I had been contemplating back some time ago to put money in this stock. I don't see this as a stock to invest in. The only way I might play this is when it reaches deeper into oversold territory (RSI-14 chart) and then sell at a modest percentage and wait for it to repeat.
Not a long term play for me.
Broke below the last support level and just barely into oversold territory today. I still see it heading lower. Then a possible oversold rally play.
I just posted about not receiving anything from the Exoskeleton Report in my email lately. Yesterday I received this...
http://exoskeletonreport.com/2017/11/best-medical-exoskeleton-article-2017-goes-reuters/
I recommend going to the menu tab,hover over the resources tab and a menu drops down, hover over The Exoskeleton Industry tab and a sub menu drops down. There you can go to each category and read about Medical, Industrial, Military and Commercial Exoskeltons (in their own categories)
Yes, they registered. It also states "to sell shares from time to time". It does not necessarily mean they will dump all their shares at once. Also, I believe they are asking to sell at $1.25/share...wouldn't you sell some of your 24 million shares if you could make 25% on you money? For me, them asking $1.25/share for a stock that they got at $1.00 is establishing a minimum value. I tripled my position with the rights offering, 2/3 of my shares at $1.00/share the other 1/3 at $1.18.
This earnings release next week may be a make or break report. If they beat and show good sales then we're looking good, but if they disappoint with little sales and we slip below $1.00 we may be in trouble.
Sales!
I agree that selling the devices is challenging, but then again it is not like selling a new soft drink or apparel item. The EKSO devices are not just knew products, they are a completely new industry. They not only have to sell the current device, they have to make revisions and updates to it, especially it's software, as new technology is developed. I believe they are also still developing uses for it and follow on devices and it's capabilities advance.
I always thought that the industrial devices, which they are still developing uses for, would be the driver to bring in revenues until the medical uses of exoskeleton technology are fully adopted by the medical care industry.
I don't have a problem with management. I think that the R/S was a necessary step. (As long as we do not see another one). I also like the last offering because it offered current shareholders an opportunity to participate BEFORE the shares went to a big financial backer. Current shareholders had an opportunity to offset the dilution.
I also think we, as smaller investors, have to give the steps they have taken, time to yield results. Mr. Babini was just made VP of sale America, in August and Mr. Wang and Puissance just came on in September. With Mr. Wang's educational and financial background combined with a foothold in China, I believe the potential for sales of both the medical and industrial devices will increase tremendously.
Yeah, I saw that. Those report pages are always full of inaccurate info, typos, or some are just unreadable because they must be being translated from some other language.
I keep searching the web for some type of accurate reporting on EKSO.
I used to get emails from Exoskeleton Report but they are not coming any more. Bobby Marinov (a writer there) was on this board for a while.
I think that is the best place to get info on the industry as a whole. I don't know where o find EKSO specific info, outside of what is on there web page or FB page.
http://exoskeletonreport.com/
@ Daylas...estimates for this coming earnings report are -.13 and next quarter are -.08...Only guessing but I'd say still a few more quarters.
Welcome to the message board. Right now, all I can say is that we have to wait for the next earnings release and see if they have made any progress on sales. That is all it comes down to.
@ Stockholm...I'm still here, just waiting to see some earnings results that demonstrate results behind
all the promise we are seeing.
Mexico 10...on 10 Oct you said NAT was oversold, (I know there are several ways people find oversold) RSI 14 chart was at 47.82 on the 10th that is very close to midway between overbought and oversold. (50) 5.25-5.45 was the PPS range for that day.Looks much closer to oversold now at 39.45, I still don't see that as oversold.
How are you feeling now about where NAT share price is headed? It just stated .03/ share dividend and that Q3 is going to come in lighter than the first 2 quarters. Still think revenues will come through to support PPS?
I still see no confidence in management. Revenue outlook shows no real promise and now dividends are all but gone. What upside is there? There are better places to invest. The only way I will play this is for a oversold rally and we are not there yet. RSI-14 around 20-20.30
Talk about some ill-informed individuals...and these guys invest? Check out the comments.
https://seekingalpha.com/news/3299425-ekso-bionics-registers-20_5m-common-shares-potential-sale-current-investors
If it is about the EKSO Vest release, not much news there. They've been telegraphing that for a while.
What makes you say that? Do you expect us to go out and buy shares based on that? We might take you more seriously if you explained what news you may be expecting.
@ makingbiigdough...Obviously you do not have to answer these questions if you don't want to. When you were on the boards back around early July you had a stake in EKSO, did you just reduce your position after your gains or did you sell everything? Did you take a new position now or add to shares remaining from last time? If you retained some of those original shares, did you take advantage of the Rights Offering to pick up $ 1.00 shares?
It is also speculation that Wang's presences on the board and experience in past dealing will potentially provide positive results. We have no news that says he has done anything for EKSO. Yet, as you say, people are reacting to the potential of what he may bring. Investing is almost all reaction to potential news. If you react to the actual news you are always one step behind and only picking up the crumbs left by those who reacted to the potential news and made big money. I do agree that you have to try to analyze all the information you can obtain and try to limit your risk, but you always have to take a good amount of risk in order to get the bigger reward.
I don't see any of this as new news. The statements of Beneficial Ownership are just paperwork that must be done now that they have determined the actual amount that Puissance will receive. Everyone already knew the deal had been done. The 20,534,898 shares was the amount of shares left after shareholders exercised their rights, the portion of the guarantee which Puissance made. That gives Puissance a 34.3% stake in EKSO. From that you would assume that Mr. Wang would become a part of the board.
As for the 37,500 shares he picked up, they were part of his compensation as a board member. Again, I would think this is not new news for any of the big money investors.
I think some of the PPS gain is just recovery from the decline brought on by fear of the dilutive effect of the offering.
My concern is, at what point the people who picked up $ 1.00 shares begin taking profit. 1.50 - 2.00 - 2.50? Could have already seen some of that after hours when the PPS spiked to 1.50+...I haven't seen what the volume of shares was on that transaction.
I have watched this stock every day for over 2 years. There have been a number of good upward moves that had no news associated with it. I believe this is another trader driven rally. When the traders have made their money they will be gone again and PPS will come back down. The last went from approximately $1.18 to around 2.40 and came back down. It would be nice if we had some good sales numbers news that could support a sustained long turn upward move. I also believe that at some point all those who took advantage of the Rights Offering will bank some profits, which will result in a PPS decline which they will use to accumulate more shares. At what price that will happen I don't know but I know where I will make that move. (IF things work out). Last time I did that I banked 1086 free shares and I was in perfect position when the offering was announced. I had a PPS that I was going to buy back in and was very fortunate when they made the offering. I now have well over 3000 shares.
What makes you say that?
Another late day run. Hope it can continue to 2.25-2.50. I think there is resistance at 1.60 and then again around 2.00.
So makingbiigdough... I know you were in this stock earlier when it made a nice move. You said you sold a bunch off but were holding on to a good bit. I didn't see any post from you for a while. Did you have shares when the rights offering was made and did you exercise your rights? I would have thought you would have posted something if you had.
I said this in an earlier post...I don't know if you read it. I had to thank you for making me aware of the fact that watching the oversold/overbought condition is very important and can lead to some good trading decisions and profits. I made 100% on the last oversold condition and that is what enabled me to take advantage of the $1.00/share Rights Offering. So thank you again!
Ted Wang is appointed to EKSO Board of Directors...see news alert links above for the press release
Anyone ever wonder what happened to Mr. Nathan Harding (co-founder EKSO)?
https://spectrum.ieee.org/view-from-the-valley/at-work/start-ups/starting-a-robotics-company-sell-a-service-not-a-robot
Zacks ratings changes are worthless...they change them almost every week it seems.
Could this be setting up for a move back to 2.00-2.25? Looks like traders are beginning to jump in looking to scalp some profits.
A question here is how long do the shareholders who picked up chunks of shares in the offering (at 1.00) hold on before taking some profit. I'm thinking there will be many using any substantial move to bank their profit and then wait for another drop to accumulate more. Without any more news, IMO, any move up will be trader/momentum driven and will stall at some point. If a bump comes, I will be watching the RSI 14 chart for overbought condition.
If we get good news at some point, the move will be more sustained.
Mexico 10...I believe you were right when you said oversold. As I said in my post # 314 and 333 I was watching the RSI 14 chart for that condition. I figured that I would jump in at around the 4.42 mark and ride to 5.42, I was right about that but had already committed my funds to a Rights Offering by another company I already had a position in. I was able to triple my shares and am up 22% on the shares obtained in the offering. So I missed one opportunity but made out on another.
I don't think NAT will go any higher, the oversold bump is over and I still have little confidence in management. I see it drifting back again and will wait for oversold again.
Thanks Berta for your efforts and the info.
All my rights and subscription rights shares are now in my account, check your accounts. I am able to trade them if I want to.