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I've been seeing those for weeks, they all say the same thing. They don't say anything worthwhile anyway.
Glad you re-posted that because the link that I provided was working but now I cannot get back to it, so I removed it.
Now that we have touched the resistance area 2.40 +, the question is, where to now? Is the momentum strong enough to break through and move us to the next level around 2.80? We have broken through the 50 DMA, are a long way from 200 DMA and we are near oversold territory. On the chart the 2.40 resistance level doesn't look too strong so I am guessing, with this much momentum, we will push through it. Some type of news would be nice to keep pushing higher. My concern is the overbought area. No matter which way it goes, my remaining shares are LONG. If we reach an oversold condition any time soon I will be adding again. (I don't see that happening for a while). I believe in the technology and the reasons behind the products. I guess the markets will not always have the same belief in EKSO as I do and I must learn to take advantage of that fact and not give in to the urge to throw in the towel.(which I came close to doing)
Please, if you are reading this, it is only my take on things and the way it has finally paid off for me. I am not recommending any specific action, only to keep learning and follow your investments closely.
GLTA!
I don't know if he is still monitoring the board here, but I want to say thank you to "makingbiigdough". I learned to pay attention to the oversold/overbought condition. I then kind of overlay that with the 52 week chart, current sentiment and news to try to figure out which way things are headed. I give him credit for me finally turn things for the better.
I knew about doing DD, patience and keeping emotions out of my investing decisions but was missing that one key piece.
So if you are out there bigdough, thank you!
Now for the rest of the story...after I had stopped out the last time I decided to put the remaining funds into a stock that was paying 13% dividends so I had no funds of my own available to get back in as EKSO continued to drop so at 1.18 I used margin for the first time, to buy my EKSO shares. So I now have 1086 shares and repaid the margin. The dividend stock has continued to do well and will be going ex-dividend in a few days. Needless to say that I was REALLY sweating it when I was only .03 away from stopping out again, before it righted itself
As some of you will know, I have been very transparent when it comes to my holdings in EKSO. As I stated in a previous post I would and have sold half of my shares, 1,086 today @ 2.36 for a 100% gain from purchase at 1.18. I have recouped all money lost in previous stop loss sales. I now am still long with the remaining (house money) shares. I am so glad I did not give up on EKSO!
For now I think we can do $ 2.40 but anything above that will take some positive revenue news.
Some of this was stated previously but it is interesting to see someone giving estimates so far out....FY 2021 -.19 EPS
https://www.thestockobserver.com/2017/06/22/ekso-bionics-holdings-inc-ekso-expected-to-earn-q2-2017-earnings-of-0-33-per-share-updated-updated-updated-updated.html
Looking at the 52 week chart I am thinking that if we can break above the
$2 mark, next resistance is $ 2.40 area and then again at $ 2.80 area.
Anyone else have an opinion?
If you want to keep current on EKSO news check their web page, there is a lot of good reading and information. You can also go back and read something you may have missed or re-read something to compare it with current info and progress.
http://eksobionics.com/resource-center/newsletters/
I would rather see pictures or videos of all the GT, Works and Vest units that are being sold and put into use...to get an idea of what kind of revenue they are bringing in!... lol
Doesn't look like it!
Like I said in another post, I was lucky not to have stop-lossed out at the last low, it was very close though. I have to check, but where we are currently, I am pretty sure I have recouped the losses from the 2 previous times I had stop-lossed out. Now if I can only make something here...lol
I am curious to know what Mr. Fitz-Gerald's thoughts are about the rally and also where he thinks things are going now. He didn't seem too thrilled the last time we heard from him. It wouldn't hurt the run to hear from him, I guess !?!
Good luck to you Berta, wish you would not have missed this little run. Hopefully it works out for you.
During the other rallies the PPS crossed the 50 DMA, which this one has not done yet. If that is to happen then we have some time left in this rally.
Reference posts #3421 and #3436...On 4 June I posted that by looking at prior performance on the chart you might determine that the rally had 7-10 more days. I was not confident with that because of how low we had sunk and I was not sure this rally would make it past 5 days. Well, it has made it to the 10th day since that post. The question is, "Where to now"...Other than the length of the rally, there really isn't much to compare to the previous times so right now I am hoping for a continued run to above 2.
I have to admit I was only .03 away from being stop-lossed out with that .99 low. Now the question is how long to hang on to my shares. The goal is to hold until a specific amount and then sell half. At that point I will be on house money. Am I crazy to think this can make it to the 2.25, 2.50 range soon? If I can make that goal I can leave the rest no matter which way it heads.
I just finished reading that article and was going to post it and saw you had already done so. That pretty much sums up what I have been thinking for a while.
"Well, for us, these developments don’t really matter – at least not now. Sure, Artemis has great potential and TALOS is neat (and potentially lucrative, if the thing ever gets off the ground), but what Ekso really needs to do is allocated its resources towards selling the tech it’s already gotten developed and approved in the US, its stroke and spinal injury exoskeleton. Shareholders want to see a return on the time and capital that went into developing this tech (and it’s this technology that the company spent its time pitching as being at the core of its potential revaluation to the upside when it raised capital in the past) and, right now, things seem to be moving pretty slowly on that front."
Rhet...I realize that a prototype is beyond IP... My point is, until they figure out how to put this to use in a real life hands on product that they can generate revenue from, they need to concentrate on getting the products that they already have in the market generating serious revenues. They already know the company can't survive on sales like last quarter. Artemis is not ready to generate revenue.
I really wish they would communicate a step by step plan/strategy and what is being done to implement it. The appearance is that they are in crisis management mode and dealing with thing as they pop up and unable to get ahead of things. That may not be the case, but that seems to be the perception. Stock price would not be this low and flirting with dropping lower if there was confidence.
These statements come from the press release...
While advancing medical and industrial exoskeleton technology, the company is exploring applying Artemis in their product development pipeline.
Recently a team of Harvard engineers published their latest findings which show promise. Ekso engineers will be able to further explore how to maximize the advantages of soft exoskeletons thanks to the Artemis prototype.”
The key word in both of the above statements is EXPLORING...to me that means nothing near ready for production, sales and REVENUE.
It is encouraging that something has come from the military project but the CFO stated that revenue from that is finished. I just think that the payoff is still a ways off.
Artemis is only IP, there is no product here yet and they stated that they are looking into how the technology can be used. They need to start performing with the products that they have.
As for this filing, I'm sure it has been in the works for a while but every time the stock price finds some traction they announce some financing news that crushes the momentum. Wouldn't it be more beneficial to get as much positive product news and sales news out as possible and get the share price up before looking for new money. They would have to sell so many shares in order to bring the same amount of money. Make the the stock worth buying in the first place. You won't have to have to sell them at yard sale prices.
Better late than never I guess, with the announcement.
http://www.nasdaq.com/press-release/ekso-bionics-develops-lightweight-flexible-exoskeleton-technology-expanding-technical--intellectua-20170605-00445
Just my way of looking at this...DON'T BANK ON IT!...Looking at the last two rallies from oversold to the peak of the run, it was 16 and 13 days. (If you go back to the one before that it was only 7 days). That would be 7-10 days left in this one. I don't think it will last that long though. Any positive news or developments could change that though. I am guessing more like 3-5 days left. It's ALL guesswork! We need to see some evidence of sales before we will make a serious and sustained moved upward.
Hoping there are still a few days left in this rally but without any real news I think we will slide back again. I wouldn't read too much into it. I think it is just traders jumping in because of the oversold condition. Not investors so they will be jumping back out after some profits.
Artemis may be big news but EKSO needs sales of their current products NOW!
Everyone always wants to compare EKSO with Apple as an example of what COULD happen. How about looking into all the companies (which there are far more of) that had a good product or idea but didn't survive long enough to become another Apple. I am starting to feel like EKSO will not survive on it's own, but will be bought by a much larger company. If anyone thinks that can happen they now have to ask themselves "What kind of premium will that company pay" and "Will the offered stock price be more that what my average / share cost is?" At the current stock price, unless you got in down here, I don't believe a buyout will cover anyone who still owns stock purchases near the highs. That is one reason I put stop losses in place. It saved me from losing all the way down, I have 3 small losses on the way down but not the entire drop. I realize I take the losses into account, but instead of dollar cost averaging all the way down, I was able to buy many more shares at (hopefully) the near bottom. 1.18. Now if a buyout happens I stand a much better chance of covering my losses on the way down.
All the better if they can stay in business and become the next Apple success story.
Much lower and I'm stopped out again. I will be VERY pissed if I get stopped out during the day and it turns around and spikes higher.
I am hoping that this low of .99 is the turning point to an oversold rally. What else is there to hope for?????
Rhet...I agree with your comment about Artemis. Did they not think that that information could halt the freefall of the share price? All the while investors were thinking that nothing was happening with the company. Now that they released that I can see that TALOS may be more of a factor. It seemed liked nothing was coming out of the program.
I just want to say thank you to Bobby Marinov for his writings in the Exoskeleton Report. I get it emailed to me and find it very educational and informative. Keep up the good work.
Looks like the wound has re-opened and we are bleeding again...
So far I just feel stupid for continuing to give EKSO another "one last chance"...lol...I've probably done more promoting of the EKSO GT than some of their salespeople...lol
Just trying to find something positive since I just dumped money back into EKSO...
https://baseballnewssource.com/markets/q2-2017-eps-estimates-for-ekso-bionics-holdings-inc-raised-by-suntrust-banks-ekso-updated/762582.html