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This a short term play for a company known for disliking. So them taking advantage and raising money while they are on a short term venture was needed. They probably said they needed the money to pay upfront to buy all the tests. Well after they make their markup on most tests they will be stuck with supply left on hand after the FDA pulls their EUA and then they will record zero profit. So why does this deserve to be trading 5 times their value prior? I think this will slowly bleed till the end with a couple spikes on the way down.
Ig money buys
Others want us to believe otherwise. Not much more good news to come except the PRing each delivery which they most likely wont.
Even less volume than last week. No one knows anything. The volume is getting less each day.
Market makers keeping this down, shorts buying or covering, big blocks on the ask...
Anyone speculating on any reasons have their own motivation for saying these things and thinking they know whats going on. There is a lot of speculation as to what is happening but no one knows. They only say this to justify things to themselves or to sway others.
Volume is low. Its been creeping down all week.
Let's just hope it closes at the high for the week at least
This company would not get bought out for a 3 year contract that won't be good after the FDA ends the EUA on it. As soon as US epi tests come out and supply is met the EUA will end. The FDA will do that before the 3 year mark. Then there won't be any sales. Hopefully they won't have a large supply when that happens that they can't return. In the mean time they will sell out every shipment. They will make a lot but it will be short lived.
Test Kit Manufacturers and Commercial Laboratories Table:
Search:
Show 102550100All entries
Date EUA Issued Manufacturer
04/01/2020
Ipsum Diagnostics, LLC0
4/01/2020
Cellex Inc.
03/30/2020
QIAGEN GmbH
03/30/2020
NeuMoDx Molecular, Inc.03/27/2020
Luminex Molecular Diagnostics, Inc.
03/27/2020
Abbott Diagnostics Scarborough, Inc.
03/26/2020
BGI Genomics Co. Ltd
03/25/2020
Avellino Lab USA, Inc.
03/24/2020
PerkinElmer, Inc.
03/23/2020
Mesa Biotech Inc.
03/23/2020
BioFire Defense, LLC03/20/2020
Cepheid
03/20/2020
Primerdesign Ltd.
03/19/2020
GenMark Diagnostics, Inc.03/19/2020
DiaSorin Molecular LLC
03/18/2020
Abbott Molecular
03/17/2020
Quest Diagnostics Infectious Disease, Inc.
03/17/2020
Quidel Corporation
03/16/2020
Laboratory Corporation of America (LabCorp)
03/16/2020
Hologic, Inc.
03/13/2020
Thermo Fisher Scientific, Inc.03/12/2020
Roche Molecular Systems, Inc. (RMS)02/29/2020Wadsworth Center, New York State Department of Public Health's (CDC)02/04/2020Centers for Disease Control and Prevention's (CDC)
There is no way of avoiding that on this or any board. Even the article about the LA company mis-stating yesterday. That article said no one has FDA approval. So an EUA is still not full approval. It will be talked about a lot
It wasn't AYTU. It was another with the same test that said they had approval yesterday. Last night yahoo recanted that story. It doesn't show now
Yahoo posted a story last night recanting that bioscience had alproval
These are going to governments that said they would pay a fair price. So they will get a nice markup in emergency situations like this. To the government they see it as AYTU helping so they will compensate them well and make sure they turn a profit. They won't make billions but they will sell billions
I thought I saw something in the 8k or an article that said $67
Red all the way
They look like different suppliers but they could be related. I wonder if the reagents work in the same amount of time. This one says 10 to 15 minutes where ours is 2 to 10. I hope they are different and news comes out stating so
Lets hope this is not the same supplier...
https://www.yahoo.com/news/china-supplied-faulty-coronavirus-test-162306412.html
Lol all you can do is laugh
Is the fda still supposed to comment on february 20th as to their progress?
How much did you lose to be so vigilant?
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You debating the FDA by explaining, defending or anything is funny if you aren't a part of it. The FDA is corrupt and debating why's is pointless
Glyophosphate is proof the FDA is in the pockets of big business. No need to defend them and say they have our best interests
You can make money on the fall. You put I buy order in for the low of the day and sell after it bumps up 5 to 10%.
Saying you are up over 1000% is the most rediculous comeback and is the typical response here. It's old and no reason for anyone to enter now. It's more a reason to scare people that it will drop. Its steadily fallen for 9 months with few pops. And the uplist excuse is a year old as well. Any good news in the market or with financials has always seen a drop in price. It's time for some better comebacks that to boist about your luck. This board has been very dull and has really just become a chat room for longs from over a year ago so you have to mull through the nonsense for any real news.
At the last earnings release they stated that they had ramped up production significantly and added and updated their facility to handle that. They had done that to handle the orders that have not even been reported yet. The cost of doing this was also fairly small by the reported numbers. They also said that they were not intending on looking abroad because they had so much to do nationaly. Now expanding 500% to handle international orders tells you that the numbers at year end are going to be huge. They are reinvesting so the profits may be dismal but the earnings will be off the carts compared to 2018. We are only trading at less than 10x earnings. Yet since last earnings we expanded to 10x what was previously reported. This will definetly pop. Just when
And your point? Now your an expert on oil from other countries to say they are Junk? Your "opinions" are getting ahead of yourself. Usually when you are the number one product on store shelves with the most shelf space, there is a good reason for that. Which has nothing to do with hammers or will be affected by hammers. It's just the scammers dream
Junk seriously? Because they are on store shelves everywhere, this is junk? Hmmm I wonder who makes the great stuff and it baffles me why no one is stocking it. Because all I see is plus cbd on store shelves everywhere.
I think your intentions are quite clear and 99 percent of readers can read your messages clearly
If they are selling a bunch of and who cares how they do selling everything. Your stretching to say its no good.
You're the only one dumping... nonsense. They are not dumping shares. How many boards are you posting that on?
It had a big increase yesterday! Of course it would drop today. This typically doesn't not change as much as it did yesterday in one day. This doesn't change each day by more than 4%. So if its up more than 4 flip it and wait till end of day or next to get back in. If it's down more than 4% than buy it and sell at EOD.
News released from Vegas by cvsi
Too legit. To legit to quit!
Pute desperation
You only get one chance at a first impression when there are so many competitors. This stock is a joke to release all the news they have with no substantiation or details. Then to push this out? They are paying the site I bet to sell it there. This stock is garbage and will be proven the fraud it seems. I'm out. Good luck
Ive got some special vitamin c tablets for you if you believe it matters. It is still proceesed the same in your body.
$3.50 per piece of gum with the most generic looking packaging. This company will tank. Many other options out there in stores already with cheaper prices, name recognition and some effort put into packaging. What a joke