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Mic Drop
Thoughts on how many shares will make us a millionaire and timeline for my riches? ;)
KT Tape industry outlook, aka some of biel's potential market. Article dated Dec 2020 so it's recent info:
The worldwide market for Kinesiology Tape is expected to grow at a CAGR of roughly 8.5% over the next five years, will reach 290 million USD in 2024, from 180 million USD in 2019, according to a New Research study.
https://www.marketwatch.com/press-release/kinesiology-tape-market-2021-growth-analysis-by-top-countries-data-industry-trend-sales-revenue-market-size-by-regional-forecast-to-2024-with-remarkable-growth-rate-2020-12-11#:~:text=The%20worldwide%20market%20for%20Kinesiology,to%20a%20New%20Research%20study
I sent a DM to a guy I follow on IG and he has 60k followers that he gives stock tips to. Hope he gets onboard, he's earned me some $$ on other stocks
can we hit penny land by 2/1? serious answers only pls
That would be ideal, I'm ready to load more if not
It would be nice if KN dropped an after hours tweet with an update. Someone ping him on that tweeter app
Gapper Wednesday :)
have a bid in at 36's for tomorrow's open, then we shoot to 5's
Daily Volume = 424,634,632?
Can we crack 500,000,000 tomorrow?
Something tells me this is jump pre-game warmups
37s on the ask, someone slap it :)
Biel cracked Top 12 most read boards
https://investorshub.advfn.com/boards/most_read.aspx
Whats prediction on SP in 6 months if Olympics happen and KT's athlete's are all wearing Actipatch?
Are we gap filling or why the drop?
Adding positions past few days, wondering if i'm too late
parasites!! haha What gets us in that price range? We need some good news
Surprised this stock isn't moving faster considering it seems legit company unlike other stocks at this price. We need penny land soon for more eyes
I love XMET and COD on my XBOX, what did I win?
makes sense and much appreciated on the quick reply. Do they have plans to seek FDA approval or what's their end game for increasing revenues/stock price?
Did I read they are only targeting Academia at this point and will that change in the future? Academia traditionally has thinner pockets than Pharma customers will. I'm in around $5 per share and obviously very late to the party compared to the 50 centers
Is this info correct?
Market Cap $1.2B
Shares Outstanding = 3.9B
This post is exactly why I've sold 2/3's of my position. I need consistency from management if I'm going to invest my money in their vision, otherwise I might as well go to vegas and gamble the money away
Key word is "WHEN" financials are filed.....and "When" the stop sign will be lifted for 2nd time this year. Yikes, horrible leadership and management at this point.
Good for you! Sounds like you're holding big bags
PCTL is an anchor in my portfolio.
I'll continue shaving off more shares until this management team shows the slightest bit of competence in regards to getting financials being put out, depressing as I had high hopes on this stock since march and its still stuck in the mud. I sold 45k shares last week and I'm already +40% on that money, yup. More this week.
Sold over 45k shares since last week and up 25% on my money already. If this spikes then I still have a sizeable position but I can't take this BS stock being stuck in the mud any longer. The longer this BS goes on the more shares I shave off, time for mgte team to wake up and stop blaming auditors since they just got the stop signed removed few months ago and right back onto the stop sign.
This is an example of poor execution by executive team and eroding share holder value in the process. Hope they can prove me wrong really soon.
I don't think youre wrong, I just think more longs like myself will get frustrated and shave off some shares the longer this delinquency goes on. It's not reassuring as an investor.
I could have 2-3x'd my money since march and come back to PCTL and bought at the same price. Eventually I'll have to make the choice of when to pull some money and invest elsewhere to avoid missing on those gains.
Still long but growing frustrated.
Internal auditors or external auditors?
Actually, 1 buyer for 1 seller ='s not much price appreciation. Price appreciation requires more buyers than sellers, basic business learned in econ 101 and can also be applied to stock price.
hence the selloff from people let down from another stop sign, which also means there are less buyers as the stop sign also prevents buying on some major platforms. One of my trading sites won't allow purchases of PCTL, direct result of poor financial reporting. You can choose to turn a blind eye to it or admit there are less buyers as a result of the stop sign.
PCTL long here. I hope you're right but if they miss one more financial then I'm outta here.
We need a strong CFO at this point, they have enough money to spend on legit CFO that can report on time.
I'm over this stock and I've had many stocks go 200-300%+ while I'm holding this anchor in my portfolio. Get with it MGTE or you lost another LONG investor.
Yes, the biggest concern here is the company's inability to file on time. This is becoming a major red flag for me as they just had the stop released few months ago. This is a management failure and they need to upgrade the CFO capabilities if they're truly making money and still can't file on time.
Growing impatient with the financial reporting delays. You shouldn't be publicly traded if you can't do your accounting on time, even on the OTC.
I'm also getting sick of the guessing game. They need to be more efficient with releasing financials or I'm outta here. I have too many other stocks popping for 200-300% to waste my time on a company that can't even get financials out to provide a clear picture of what I'm investing in.
#frustrated with this anchor in my portfolio.
I've been busy at work so forgive me if this is obvious. If things are going so great why is this stock in reverse. I'm disgusted with the anchor has put on my portfolio considering how heavily weighted I am in PCTL.
This is by far my worst performing investment and has cost me significant money lost in other investments. I'm getting over PCTL slowly but surely as I watch my other investments sky rocket.
i'm long PCTL and holding strong but this continues to be an anchor holding down my portfolio. I expected us to break .10 many weeks ago and here we are going backwards, not overly impressed at recent performance.
Even as a PCTL long here, having a legit CFO is and has been a concern of mine from the get go. It's caused me to pause on loading up more, especially considering they just came off STOP and late again on financials.
Defend as you wish because I'm a legit long and it concerns me also.
PCTL long here.
Gotta be honest, disappointed with delayed earnings and falling share price as a result. patiently waiting but tying most of my money up in this stock while other spike is getting frustrating. I'd be +300% or more if I rotated to other stocks in the past month, instead sitting on dead money for past 30 days.
I'm long PCTL....
That said, PCTL cost me many thousands of $$ by tying my money up thinking they were going to be on time with financials while TOMZ dropped their financials and spiked. Luckily i had some TOMZ sprinkled in as a hedge but most of my money was on PCTL thinking they would deliver on time financials.
They need to deliver or I'm trimming some positions to invest else where with more predictable financials and on time financials. The market hates ambiguity and delays, and it always will hate it no matter how much revenue you generate. Predictable execution on goals and deliverable's is the way to consistently higher stock price.
Considering they just got the stop removed honestly I thought they would make it a point to be on time. I mean the stop was just removed...you have to deliver on time the next time, at least they should've. Their CFO seems nice but they should think about hiring an outside consulting firm like Deloitte to help out. Or upgrade on their accounting team. Good luck uplisting, not happening anytime in distant future if this is the precedent.
I"m dead even after almost 30 days while my other investments are +50 to 150% in lot of cases. Yes, I'm patient but the smart people here know that means +50 to +150% more I could've rolled back into PCTL while it treaded water.
I'm still long but gotta be honest, it was a let down with the delay. I'm' not a whale but I own enough shares to be disappointed and voice my opinion.
Where in that top heavy chart does it factor in a partial quarters growth that resulted in results like these? 2,878% growth internationally. US has barely come out of lockdown so similar growth could be achievable domestically this quarter
Now imagine a full 3 months of sales as Feb and March were the primary revenue generators, in theory next quarterly sales could be 33% more
International revenue was approximately $3,484,000 and $117,000, respectively, representing an increase of $3,367,000 or 2,878%
Not sure but good approach. Ask him if those increases sales were primarily in march?
If so, then just wait until we get a full quarter of sales because those numbers will spike even harder.
I agree but think $750 Million is too low with the growth they're experiencing. Better to grow the business through end of 2020 and then price it in the 1.5 billion range :)