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It's just my opinion...EKSO has gotten out of the developement of the exosuit for battle (TALOS) applications to focus on medical, industrial, commercial uses and for logistics applications in the military. The reason is simple...money. They do not have deep enough pockets to continue developing a suit that will meet all the (ever changing) requirements for the battle type suit. That technology is still a couple (at least) years down the road.
They may still be involved in developing technologies that will be used for parts of the suit but not the entire suit.
I don't think that the doors are closed to re-entry in the future. Why not let the big boys do the heavy lifting? EKSO can always build a better mouse trap" later, after most of the barriers have been breached or knocked down.
Another 10% drop in PPS...who in their right mind would invest in a company whose stock PPS has dropped this quickly just after a R/S?
There was a 1:25 R/S back in May. If they don't get their act together they are headed for another one, unless they get bought out.The previous R/S brought their PPS to $7.40 and they have lostover 2/3 of that in 6 months.
IMO, traders can make money with this one. You are taking a serious gamble if you are trying to invest. There are much safer and more profitable stocks out there.Look at a 5 year chart, longs have been getting burned for a LOOOOOONG time.
If you don't already hold a postion in RWLK, you will miss any spike this may get from ER, unless you chase it if it moves. I don't think there will be a spike. I think they will disappoint once again. In that case, if you t already hold a position, you will be glad you didnt.don
RSI-14 chart is nowhere near oversold territory
As for finding information, I can't come close to all the info Panagis finds. I do try to sift through what he provides and chase all leads that I find there. Often it leads to a dead end but sometimes I can find a nugget here and there. I also find clues in the articles by Bobby Marinov at Exoskeleton Report, that I can follow to new information. His article about the Ergo-X symposium was very helpful. It lead to some other useful info.
I know he follows here, so Great Job Bobby! And Thank You!
Thank you for the kind words. I haven't posted here much because there hasn't been much I can really say about the PPS movement. I never expected it to sink this low (thought it would hold around .90)but I was able to pick up 1000 more shares just off the lows(.5275). It helped bring the avg. down a bit. Previous adds were at .90, 1.38 and 1.50. I also sold some out of my stock account at 1.80 which were 1.00 shares but I bought the shares back for the same price in 2 IRA accounts. So I did't realize a gain or loss with them. Currently sitting under water, but I feel we are turning the corner. Hoping that the ER can provide the spark to get us back comfortably above 1.00. I hate the R/S possibility hanging over us. If I would have had more funds I would have added again at .52, would have added some yesterday if I had it. Some times you just have to be satisfied with what you do have.
Credit goes to Bobby Marinov at Exoskeleton Report. He does a great job, I recommend to anyone interested in exoskeleton technology to go to the web page and sign up for the email updates.
This is a long read but if you are truly interested in exoskeleton technology, EKSO and their competitors it is a must read. From 2018 Ergo-X Symposium...This year's symposium is 29 Oct '19
https://www.cdc.gov/niosh/docs/2020-102/pdfs/2020-102.pdf?id=10.26616/NIOSHPUB2020102
I agree with your analysis. I don't think it is posssible to cut expenses low enough to become profitable, they must execute on sales. Having a prduction plant in China needs to be supported by sales, can't manufacture product without demand.
Just guessing here, but they knew of the future EKSO UE launch prior to the JV agreement so that product will probably be a big part of the China production plant.
I have been searching for that very thing. Nothing so far. I was going to ask you! I have followed what leads I could find in the PR release but no mention of the UE, I did find older info about the GT and Kitago Lab/ and original clinical trials that were mentioned in the CC. He mentioned the streamlining of the trials.
The Johns Hopkins University School of Medicine.
KATA Design Studio.
Tomoko Kitago, M.D., Lab Director of the Human Motor Recovery Laboratory at Burke Neurological Institute
If you are new to EKSO here is some info about the EKSO GT...
http://www.vaat.pitt.edu/index.php/13-mobility-assistive-equipment/10088-ekso-bionics-inc
I think that is old information. I couldn't find a date on it's publishing but I am pretty sure that expansion took place a while ago
https://www.mlive.com/auto/2018/08/ford_plant_workers_outfitted_w.html
For the most part all my stocks are investments but I realized that ALL stocks trade within ranges at times. You have to research and learn how to use those troughs and peaks to take profit near the peaks, hold that profit on the side and pick up more shares in the valleys. Chances are you will not find the exact peak or bottom. Check out the 52 week chart of CIM. Draw lines across the chart at 18.50 and at 19.25, look how many times you could have added at the lower levels or gotten out at the higher levels. Patience is the key.(and by the way, you pick up 10% dividend while you wait).The range isn't very large but pretty predictable. Other stocks are not as predictable, but they do have ranges. Speculative stocks are the hardest to find the ranges and take advantage of. Swings happen too quickly for me.
If you were here 3 years ago, you were here for the $1 share offer to existing shareholders. Did you take advantage of that?
That turned out to be the single best opportunity to get cheap shares and turn them into either more shares or take profit and re-enter. Doubt we see anything like that again.
The opportunities have been there, I believe 1.23-1.30 is another one of them. While I do not see this making a massive spike, I do see it grinding steadily to at least a double from here. I have taken advantage of 3 of those moves.(and missed at least one)2 doubles and a triple.
Wish you the best!
If you have held that long and are still holding for the move up (you must think it is going back up or you would have cut your losses by now), why not add down here at this CHEAP level? It looks to have created a VERY strong base. I see 2 possibilities here, we break the support and the company and all of us are in deep sh*t or (more likely) we start grinding higher, like it has done several times in the past, back to high $2 or even $3.
As I have said many times, I was down big at first and have come back and now have converted a very nice gain into a much larger position share wise which will bring even more profit from here to just $3. Learn the stock, it's PPS moves and have patience getting in( wait for YOUR entry point), patience for it to move higher and then get out at YOUR predetermined point. If it goes higher after you have gotten out, keep watching the chart and news; and again, wait for it to come back to YOUR re-entry point. If it never comes back down, you have to think it over and revise your plan of entry.
Something I learned a while ago, was that constantly thinking this will have a "rocket" "to the moon shot" limits your view of this stock. Invest in this by having a hold fund and a trading fund. Trade the range in order to take profit and add that profit to your hold fund while at the low of the range. Grow that hold fund. That way if the "rocket" shot comes you are good to go for the ride.
I have a total of 8 stocks. 6 are buy and hold (don't watch those often) and 2 others that I watch and research daily. One is EKSO and the other I am still trying to figure out, like I did with EKSO. More than 2 stocks and I feel I can't to PROPER DD.
Also, remember, that along the way, there will be spikes, created by real or imagined good news. Know the difference! Imagined news creates a short term spike, that is your exit point to bank some money for when it comes back to earth, creating your re-entry point. That is where I add to the hold fund and get back into the trade fund. Not looking for that "rocket shot" allows you to see and take advantage of these more frequent small pops.
Mr. J has been doing that for a long time. I don't think that is the cause of the PPS decline. This company is not executing. Any small positives are far outweighed by the very slow pace of real progress. Some of these large funds that have bought in are responsible to their clients and will pull out just as quickly when progress is not made and PPS slides. That cause even bigger slide.
I still don't believe we have reached the bottom. Just a temporary pause. If you look back at the 52 week chart (mid Feb to end of Apr), there were several false moves up, with fairly large price swings but the overall direction was still down. That is where I believe we are now. I am still holding the money that I took out up at $5.21. I will bide my time, if I miss some of the move up, oh well, better than catching the entire ride down.
Thanks for posting
Not saying it will definitely be the case this time but the pattern has been days of decline followed with a day of rally, then resume the decline.
My belief is a that we will indeed resume the downward slide tomorrow UNLESS news comes out.
16 days after my post we are now at $3.90...still dropping...next is $3.25+-...then $2.60+-that is my buy point...I will put back everything I took out at $5.21...at least that is the plan...any news between now and then could ruin that plan
I said this on 10 June in post # 896...
"If we don't get any news I see us sliding to 3.90-4.00 (currently $5.42) in the next week or two. Production and sales news would be a boost. There may be a move higher to 6.00 in a last attempt to move higher but I don't see it holding.
With the money they are raising I hope that means production of the ReStore will be ramping up soon."
We had 2 attempts to make $6 that failed at $5.70 (I believe that day and the following) and it's been down hill since.
Just minutes ago we were as low as $3.96
WhiteNightJun 18th, 8:50 am
$EKSO based on recent industry growth predictions EKSO‘s sp is currently at the very low end of the price range. If the market value is $467MM end of 2019 based on $225*(1+0.44)^2 (end of 2017 value w/44% CAGR) and I assume EKSO’s market share is 1/3rd based on current MC to MV then EKSO’s expected MC is $155MM. If the outstanding shares are 78MM then this supports a sp of $2/sh. Add volatility of +/-35% and the sp range is $1.30 to $2.70.
Any further fall from here would be considered irrational and possibly a shakeout
I felt this drop coming so I sold 2/3 of the shares I had (all of what was in that account) at $5.21 on 14 June. I figured I can save myself some of the loss and get back in with the same amount when it drops to $3.90-$4.00 or even wait until $3.25 ish. Maybe ride a news spike and get out again. This will now be my trading money and put any recouped money into something else. Probably that dividend stock I mentioned
Read that as soon as he posted it. Thought he was spot on too.
Just note that the upgrade comes from the firm that did the offerings.
From 2015 but still interesting read (that is if you are into that stuff and can stay awake)
https://apps.dtic.mil/dtic/tr/fulltext/u2/1002721.pdf
Nice to hear from you again. I was out working and missed the move to $10 so I was not able to sell. I would have sold out, held the cash for re-entry, at around $5.00-$5.50 area and put it all back in. I didn't think it would hold that spike. I don't see anything in the future that would cause a similar run. May get some smaller spikes so I am going to try to play them so that I can accumulate shares. I don't see myself adding any new money to RWLK.
My thought on RWLK was that it would make another bounce toward $6 then head down to $3.90-$4.00 area by about the 24th. Today's early run to $5.73 may have been it, so I am expecting a continued slide to the next support level on the 52 week chart. That is, if no news is released in the next week or two.
I want to add to a REIT stock that has been delivering 10%+ in quarterly dividend since I have owned it (a few years). I am enrolled in a DRIP with that stock so the shares just keep building and the dividends keep rolling in.
I am glad that you were able to take advantage of the brief spike and get a portion of your money back. I too have written this off as an expensive learning experience.
I still don't see RWLK getting to the point that I will begin seeing profit. (About $20 with the averaging down I did.)
I now have 6,190 shares in EKSO, recently picked up another 1,000 on the dip. Would add another 1,000 here if I had cash.
Hope to continue hearing from you either here or on that board.
Wish you good fortune.
Depends on where you are in at, I guess.
Where did all the wise investors/traders: that started posting after the spike, go? I was hoping to get some more advice and insight into the next move? I'd be better off asking my dog.
Sorry, have to do something to make people laugh, because this was brutal for anyone who got in at $7 or above.
I've been hearing that since I got into this stock at .80 pre R/S...I need $20 before I even start getting rewarded!