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Thanks! Good to finally see the schedule. It looks we have another 1.5 year of waiting for the outcome.
Yes, I already have 2,000 shares with average of $0.82 thanks to your heads up.
Thanks Matt. 2 weeks ago, Goldman Sachs downgraded the price target from $3 to $0.50.
Do you still keep an eye on I? If you do, do you feel it is worth the risk at such low price?
Ok, I understand that. So to know real final mortality number one would have to wait till all the cases get resolved (end of pandemic). But as of now, if you take into consideration all closed cases, it looks almost every other person infected with the virus dies. Scary statistic.
I believe development of In Home Test Kit could be game-changer. Give power to the people. I believe FDA hasn't even given green light for creation of such tests. I have no idea how complex is development of such test and how simple will be the final product. As of now, all the tests require special equipment to get a test result. It definitely is not as simple as regular glucose tester. And I belive this is what DECN promises later on.
Like I relply to the other post. This is what I do not understand. Why would one rely on total number of cases? Somehow it doesn't feel right. If one wants to find real mortality rate, shouldn't one rely only on closed cases?
We don't know yet how reliable the test will be. I hope they will be able to deliver.
Even if the rate is "only" 50%, doesn't relying on temperature test seems like playing Russian rulette? I feel it is bad term to use under current circumstances but nothing more fitting comes to my mind.
This is what I do not understand. Why would one rely on total number of cases? If one wants to find real mortality rate, shouldn't one rely only on closed cases?
I believe for the testing to be really effective, the antibodies test has to be combined with a test detecting actual virus as antibodies may not show up in a bloodstreams for 1-2 weeks from the time of initial infection.
Here is another article related to testing asymptomatic people. It shows how important is widespread testing to very effectively bring the number of new cases down.
https://www.bmj.com/content/368/bmj.m1165
I found it and posted it few posts back:
https://www.google.com/amp/s/theconversation.com/amp/coronavirus-bmj-study-suggests-78-dont-show-symptoms-heres-what-that-could-mean-135732
The current total number of cases in USA is about 533K. Out of that there is about 51K closed cases out of which 30.5K recovered and 20.5K resulted in death. If I am calculating correctly, this puts mortality rate at 40%.
How did you come up with 80%?
Just pointing out that temperature checking is better than doing nothing but with so high % not showing any symptoms it is very limited solution.
It did happen in Singapore and Hongkong. They loosened up social distancing and second wave of infections was bigger than the first one.
They were saying 25% of infected people don't show any symptoms. Now they think it could be closer to 50%.
In PR it states Pre-UEA not Pre-EUA. What's the difference?
If you take into consideration closed cases in USA, mortality rate is 40%. Crazy statistic.
Sorry about your colleague's father. It doesn't look like you are too convinced DECN is here to help Humanity.
It would be probably less than 150mln as many people stopped working. But let say the number is still 150mln. How many trillions were assigned and will be in the future to fight the whole coronavirus situation? Just recently it was over $2 trillion. Does spending 10% of that to test and at the same time to protect all still working force seems like a big expense? These people are at the highest risk of spreading and catching the virus.
Yes, I completly agree. This is definitely the #1 most to do procedure. But you have to take also into account people who are infected and do not show any symptoms. What do you do about them? Isn't there a rapid test which doesn't necessarily looks for antibodies but for the virus itself? I believe DECN method supposed to be more effective as it would not look for antibodies. Of course if it happens.
I will make money if this stock will go up but at the same time I like to keep it real. If giving bigger numbers equals giving bigger support for Humanity then I believe DECN should change their forecast from 500mln to 1bln units. Is that good enough?
Definitely. With many people infected with virus and not showing any symptoms daily testing for a few weeks is the key. With tests below $10, it would be negligible cost considering it is life and death situation.
Yes, that the solution. Starting to test each employee before each workday.
If it is a forecast, I would like to change it to 1bln. What's the difference? I am pretty sure there will be plenty of production partners stepping up. 2bln?
Ok, nice. That still doesn't answer the question about the huge number of tests DECN supposedly should be able to produce.
I just don't understand how $130 bln company like Abbott can produce only 50K tests a day and DECN ($15 mln company) could make more than 1 mln of them a day.
$130 bln company
1.5 mln tests a month will not be enough
Good job. Thank you.
Yes, I wish I sold at 0.25 ;)
Yes, from 1.5 mln market capital to 3 billions. To the Mooooon. :)
Yes, I hope this one to be the one with big rewards... at least short term.
Thank you Jelly Bean. I guess we will find out soon. I will mark your post so I can write you back later "You were right" or "This time it was different" ;)
I agree with everything in general besides the part where CEO would be going to Federal Prison if the whole thing doesn't work out. If it doesn't, it will be just another project Mr. Berman was not successful with. Nothing more, nothing less. Happens all the time in pink sheet land. I just hope, like probably most over here, this time it will be different. I still would not invest here money that you can't afford to lose.