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Random, but can we file a complaint about how their filings are always late? I know it’s the pandemic, so it might not hold water, but we were trading over a dollar when the filings were due. Her tardiness caused people to lose interest and drop it to .70.
Like I said buddy, I hope you're right because god knows we need it
She hasn't responded yes or no to anything we sent her way. I asked her to confirm the allgenericos orders a little while back and she said she doesn't respond to rumors. She said that any new distribution contracts is a material event in past e-mails, which is why I don't think we're in the MLB personally. Hope i'm wrong though.
Sorry Sporty, but if we were in the MLB, i'm very confident she would've said so already.
FWIW, the RSI shows we're undervalued/oversold. On a scale of 30 being oversold, 50 being where we should be, and 70 being overbought, we're at a 30.9. We were at a 50 when we were between $1-$1.10.
9/10, college football is cancelled
I’ll reach out to her about it in the morning.
FWIW, chart shows us being WAY oversold. Have support at .26, but hopefully we won’t see it. Seems like something needs to give here.
I disagree on the America buying a Chinese-product comment, but to each their own. Q1 10Q was a disaster and she gave us nothing of value. That’s what really brought us here IMO. People took their short-term gains and said it wasn’t worth it anymore.
I’m not questioning your success, my man. Emit called a major consolidation would happen and was right. Crappy? Yeah. But he was right.
Smart move
In all seriousness, can every chill TF out and stop going at each other?
Sorry Ranger, but he was 100% right.
Yes..? Not sure what you’re implying.
I’m just throwing this out there. Unless Melissa drops legitimate PR or a material event in the next Q, this thing might be done. The fact is that other companies are starting to distribute Healgen’s test and she doesn’t seem to give a damn about the share price. The fact that we fell this far from grace says that people have no interest here. I’m holding because I’m fortunately still green, but I’ve never seen a stock drop this hard, this fast because of literally no news.
I’m just throwing this out there. Unless Melissa drops legitimate PR or a material event in the next Q, this thing might be done. The fact is that other companies are starting to distribute Healgen’s test and she doesn’t seem to give a damn about the share price. The fact that we fell this far from grace says that people have no interest here. I’m holding because I’m fortunately still green, but I’ve never seen a stock drop this hard, this fast because of literally no news.
People are selling because she doesn’t drop PR. Q2 and Q3 numbers alone likely won’t bring this over $1. If she doesn’t give us some PR, this thing will never take off.
It’s obvious why people are selling.
Agree. Hopefully she’ll get into another covid test line like saliva tests, etc. That PR alone would take us to $2-$3 PPS IMO.
Everyone needs to chill on the “MLB news”. Sure, it’s a possibility, but it’s far from a guarantee. And before people bring up Stu and his connections, don’t forget that 1) They didn’t use Healgen’s test for the huge study and 2) The CEO of Guggenheim owns the dodgers and they have dozens of pharma investments as well. Again, not completely ruling it out and saying it’s not happening, just don’t want everyone getting there hopes up and it doesn’t happen.
The last thing we should be analyzing is Melissa’s quietness IMO.
We might increase this week off of 10Q hype, but I said it yesterday and I agree that the odds of a buyout hinge on distribution exclusivity in a market. Without that, there’s nothing unique here.
Here’s my thoughts (if anyone cares):
1) I don’t see a buyout play here unless ABMC has exclusivity for distribution in a particular region. They’re not unique enough. If they do have exclusivity in a particular region and that can transfer over, a company who has extensive relationships in that region could leverage it.
2) Q2 filings will make or break this stock. The numbers should bring it up a bit, but my hope is a major announcement regarding the other sectors that they were exploring. If she can get into saliva testing or maybe a non-testing space (PPE, etc), that announcement would take this to new levels.
3) She’s an ultra-conservative CEO and always will be. It is who she is. Thankfully, she’s at least responsive on e-mail, whether helpful or not. I’ve been in plenty of stocks where I’ve gotten slaughtered due to no PR, no answers, etc. Trust me, it could be much worse.
4) If you’re going to be miserable, you can always sell. On the flip side, I think we need to stop thinking and acting like this is the next CODX. Unless something dramatic happens, it isn’t. Even if we got into the MLB (no clue if we will), I’m not so sure we’d reach CODX levels given the seasonality of baseball and the fact that they’d need approx 1k-2k tests a month for 7-8 months, which is good revenue, but nothing insane. The hype would give us awesome gains either way.
There’s seems to be a ton of pessimism and a ton of optimism in here. I think we just need to be realistic on what we own. We don’t own the world’s worst stock, but we don’t own the biggest diamond in the rough either. I’ve been here for four months and don’t plan on going anywhere until this hits a few bucks, which I believe it might. And if it doesn’t? I’ll get it on the next one.
Enjoy the rest of your weekend and go have a drink and relax, all. See you Monday.
This sounds extremely familiar...hmmmmmm
She hinted at it in the filings. If she breaks into a new line of business, this surpasses $2 easy.
Ours are already EUA approved. Unless they were talking about full FDA approval?
That’s not a material event in her eyes. A material event is landing a new contract with either a state, new distributor, etc. or if she breaks into a new space. She mentioned looking into new spaces in the 8-K if I’m not mistaken. Would love to see some PR saying that they’re going to start distributing saliva tests, etc.
It won’t go there IMO. Usually we move up when we get close to financials being due. Still think the Q2 numbers push us back up. Maybe she’ll shock the world with a good 8-K. Either way, idk why people are panic selling right now.
Right. I thought Rutgers was a saliva test. Curious if there’s other labs.
Asking an honest question. That’s it’s right? The three labs?
Are there any labs beyond Rutgers, Texas, and Utah?
Melissa says she’s can’t confirm if the 100k healgen tests Florida received were from abmc.
Nobody knows, but for their initial, widespread antibody test, they didn't use ABMC.
How am I dead wrong? We know they did over 1 mil in covid sales alone in Q2 and she'll re-emphasize that it was only over the span of a few weeks. Revenue alone will be 2.5x Q1 and they'll have significantly higher profits.
I'm waiting for a response regarding those 100k healgen tests shipped to FL in July. Wanted to know if they came from ABMC.
LMAO, she's not the worst CEO. At least she responds to some e-mails. I've had investments where the CEO will drop PR to spike it, it'll fall from grace, and they'll never respond to literally any e-mails creating a massive pump and dump.
Just to point a few things out:
1) For everyone complaining about the CEO, there's literally nothing we can do without a proxy and even then, we likely don't have enough pull.
2) Stu being a billionaire investor really doesn't mean anything unless his connections get us into the MLB. Go look at his other 13G's. He's in PEYE. Got in on 11/27. It's down .20+ since he joined. Spiked upon entering like ABMC, but has gone down since.
3) If you're really that unhappy, most can still sell here and make money, but we'll be moving back in the right direction once Q2 numbers come in. It sucks right now, but it'll be fine. Will we see 52 week highs again anytime soon? Who knows. Will we move back in the right direction upon the filings? 100%.
She's the most conservative CEO humanly possible. Nothing excites her or riles her up. Pressure isn't going to do anything with her. She's going to play it how she wants to play it.
This isn't the ARCA. These are people flipping for a 30% profit from where this was a few days ago.