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My brokerage won't accept any more buy orders on CEYY...anyone running in to a similar situation?
Just got it...i'm overseas at the moment.
It doesn't bother me at all. I only really ever care if someone is spamming or using very abusive language :P
i.e. only in extreme cases do i ever get involved
I really hope he answers my 3 questions...
1. What drug are the others using?
2. How is it administered?
3. Success rate (percent)
I think they own the original one and they are opening a second one. The rest are licensed out, but I think they own at least 1 + another 1 on the way.
Their original goal was to open across the country on their own, but funds were preventing it and it was the only way they could get capital to keep themselves afloat until they had more money for investment purposes.
I don't think you read my questions correctly as "10-12 months" wouldn't be the answer to any of them...please read below!
1. What type of drug are they using for the rehabilitation (i.e. instead of Naltrexone they use [blank])
2. How is the drug administered (orally, injection, surgical implant, etc.)
3. What is their success rate? This would be the percent of people that start the program and do not relapse...
Are you sure they utilize an implant? And does that implant have the same success rate as Naltrexone?
They're nearly out of money, suing Batista, trying to find capital, trying to find a way to restructure their debt, just installed a new CFO...
If they get financing then everything will be fine, but if they don't then it will go bankrupt :)
So, quite simply...what do you think will happen? Could honestly go either way very very easily :)
I think there is just fear over the restructuring...once the new CFO proves he is capable of getting them a deal it will be fine and a bargain ;)
Until then, yeah...it looks pretty grim. Or if the restructuring fails :-x
Salaries are misleading since they can just go into an accrued salary category from an accounting perspective
i'm waiting on a cash infusion and i'm going to buy more :)
Could you expand on that? Post card for treatment options just to see if they'd send one or something?
Exactly!
And sadly, it does mean that our shares will be worth less (again). And that this 2.5 cent junk is here to stay until they break even (which didn't seem too far off based on the last 10k).
It'll still fly, but now what would have gotten us over $1 will get us over $.80 or $.90.
Yay for more waiting =/
I thought it was kind of obvious...we've seen huge volume and the share price drop by more than 50%...
:(
Whatever it is, as long as it eventually goes back up and they eventually make a profit which will make it skyrocket, then WHATEVER :)
I just wish they would get profitable already!!!
Maybe someone knows something we don't?
Maybe the licensing deal is based on dire need for cash to stay afloat?
I feel like this shiz is going down faster than when I flush my............
Yeah I put my buy order in close to a dime. I only put as much as I can stand to completely lose, because this one really feels like it is going to drop under a nickel and possibly tank depending on how quickly they take on more debt.
+ now the future revenue projections are WAY way down!
Unless you are providing them with insider information, then it is all legal. i.e. you secretly work for the company and are promoting it publicly (or if you are make false / misleading statements).
Anything that you see here or read in the news is already public knowledge. And as long as you are telling people it is your opinion / to do their own DD / it is what you believe, etc. then there are legal ramifications
Post away :)
http://www.stockhouse.com/news/usreleasesdetail.aspx?n=8881583
New COO...i guess that is helpful since he knows how to market and run clear channel...
$3.05 based on current price :P
Some days there is a decent amount of volume and other days there is not as much :)
It's still a smaller and lesser-known company...
However, if it were not smaller and lesser-known, it would cost a lot more per share :)
Really they just need another 250k-275k revenue to break even, assuming it holds the same expense ratio. Although, I am expecting it to improve since they can spread out their fixed costs a little further :)
We really really really could see them break even later this year!
Not just an operational profit (which they posted), but a full fledged NET profit :)
It's out today, right?
I guess it'll be tomorrow before it is publicly available though...
ONE MORE DAY!
*You're (contraction for you are). Your implies ownership of something...
Anyways, I think the point is that there are 5th graders smarter than you ;)
I don't want to go into calling you names, however, you do realize it isn't the medical knowledge...it is the implant that is copyrighted, the form of the drug that is within the implant, the use of drugs in that form to treat those specific conditions. You can go look up their patents. Medical treatment as a whole can't be patented (i.e. helping to rehabilitate someone through medication and therapy), but the drugs used, the methodology used (their therapy, format, etc.), and any related technologies that they have patents on are 110% able to be patented (and do in fact have patents).
Assuming you aren't committing copyright infringement then sure...
But the R&D to get around copyright infringement + setting up the business + marketing, etc. etc. would be very very pricey and the #s don't justify enough competition for it yet :)
When it is raking in big bucks companies will set a target on their back, but until then there is no rival except traditional therapy; which has proven to be ineffective in 60+% of cases
And franchising makes a lot of sense! The alternative is using your own capital to set up shop and hiring people who won't really care to manage it that well since it is "not their money".
Thus, franchising removes the need for significant capital investment, let's them grow quicker, etc.
What is your take on it Pip?
Your math is a little off..
And you have to remember that is their list price. Their insurance approved version is less and the out of pocket "cash discount" are both under 20k (i want to say in the 12-16k range).
Agreed, but the increased revenue and the rate of increase are nice :)
Is Fresh Start in there?
Or maybe they'll pay double in a couple of days to get in ;)?
I thought it was due out on 12th...I may have been off.
fine 1.5 weeks
It doesn't need to be spectacular news to move something that is only a nickel :)
Just needs to be favorable and showing signs of movement (that gets us a dime though not a quarter)
I hope so too! News coming next week :)
I don't think they are at a net profit yet...if they did then this would be a double digit DOLLAR stock ($10+). But we've seen more insurance carriers start accepting them as a method of treatment (and paying), we've seen increases in licensing to additional companies (bringing in additional revenue with little to no additional expense and will grow their name quickly), AND they've brought on more experienced and highly regarded staff to get things back on track.
What we should realistically be looking for is a lowered # on the allowance for doubtful accounts. What we hope for is a significant bump in revenue and lowered operating loss (sign that they are going to make it to a break even soon enough / in a way you can plot a trend to project that date).
Well, just don't give up the cheap shares at .04!!
As long as they release the 10K and 10Q soon then I think we'll see some serious momentum upwards into the double digits. 1.5 weeks on 10K isn't it? and 1 month on 10Q?
35,464
Very weird movement today...171k available @ .06
Now i'm showing 10k at .06 ask and 69k at .05 bid
This is kind of funny!
Support 2 Support 1 Pivot Price Resistance 1 Resistance 2
$ 0.055 $ 0.055 $ 0.055 $ 0.055 $ 0.055
I'm showing 31k in volume according to scottrade...
and still! .055 isn't bad at all :)
More to come in due time!
And we all thank you for it!