Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
We’ll see. I added some more this morning, will be watching it as always. My point was mainly that it’s been a while since that many shares have been available for that price all at once, and I mentioned it in case others are not watching the bid/ask as closely. Calling it a great opportunity is obviously just my personal commentary.
Good buying opportunity today. Still a 75k ask at .043, which is more available (and cheaper) than I’ve seen in a while. I bought a little bit more today too.
No disagreement here. My only point was that, relatively speaking, the price action has been more favorable as of late.
Now, to your point, that doesn’t mean anything. Because price action on dollar volume of a few grand here and a few grand there is nothing. And further, there is nothing to sustain any type of trend in either direction without news.
However, increased price levels and channels are hardly a bad thing either, even if they shouldn’t be read into.
If you were saying the same as me, then my mistake. But seemed to me like you were lamenting the price action of the last few days. Correct me if I’m wrong.
Lol your downward drift is on about 10k in volume, so we’re talking about $500 trading hands. That’s like when someone sells below market AH and people freak out because their investment app says they’re way down — it means nothing.
There have been hardly any shares sold below .04 since June, whereas the story for May / June was the opposite with hardly any shares going above .04 and furthermore it recently hit its highest levels of 2019.
May not mean much (and I personally don’t think it does), but I have trouble seeing how you are painting the recent price action in a negative light unless you thought it would continue to drift up on no news?
You know what, looking at it again the .04 sell was only about 2500 shares, not even 15k.
The bulk of today’s volume (about 100k) was at .044, so I’m not really reading to much into a sell at .04 for about ~15k shares
I don’t think I disagree with anything you’ve said here, good post. My main gripe before was simply with how replaceable you were painting the technology as being.
The world is always changing, you are right about that. However, I think ALRT has a great head start (in addition to some proprietary tech) and as I mentioned yesterday, I feel there’s room for multiple profitable companies should a worthy competitor appear.
I don’t believe I maligned anyone’s intelligence. Saying someone is being ignorant is not the same as calling someone ignorant. I don’t think Ranger is an ignorant person by any means, nor do I think that about any of the other posters I’ve argued with such as AJ.
You are free to question the company and its technology, and you should. That is healthy debate / discussion. My issue with your posts as of late is that your “questions” are, in my opinion, very uninformed. So you should recognize that people are going to push back on them.
Let’s ignore the patents and FDA clearance. Even still, you are absurdly flippant about how easy it is to recreate this. I’m not saying it can’t be done, nor have I ever. But I’ve criticized you for your baseless comments such as a med school student being able to create a competing product. That is not being inquisitive and creating discussion, it’s being plainly ignorant.
Just to be clear, your eye-opening story is that lab results for a test administered in a doctor’s office were later texted to you and visible via an app? You could go back probably a decade or more and still be able to view lab results online, so I’m not sure how that was an epiphany. And furthermore, it’s hardly the same as offsite testing being uploaded and monitored by a doctor.
Your second point is a bit more relevant, but I think there is a real false equivocacy here that monitoring your blood pressure is the same as monitoring diabetes care. I have no idea why you think it’s so easy to create a device and a platform to support it that accomplishes this. And let’s be clear, yes you would need to create the device itself (or license an existing one) because you can’t just hack an existing device and add features to it and then resell it.
Ah, ok. And look, I get that a 5 figure investment is a big deal. And I also get that everyone here (myself included) wants updates, news, etc. But the point is that continual complaining about it on this discussion board serves no real purpose and isn’t going to make it happen any faster.
I don’t feel as though this board is intended to be a support group, so to me the whole “woe is me” angle some have been taking is just getting tiresome.
Good luck to you as well.
Also... are you referring to Ranger as AJ? Are these accounts both the same person? I can’t say I’d be surprised.
5 digits? Oh goodness.
Look, with all due respect you’re asking for updates just like everyone wants. But what you and others should realize is the reality that updates aren’t going to come until they’re warranted. The CEO is not going to keep us informed of every single business development because that’s not the way the world works. When there is news to report, it’ll be reported. I have no doubt in my mind about that. Until then, we wait.
By the way, if you feel it’s so easy to recreate, perhaps you should consider partnering with a local med student and creating an app for it. Could be pretty lucrative for you.
If you feel the ALRT platform has no technological, strategic, or first mover advantage then you shouldn’t be invested here in my opinion (or maybe you already aren’t, I’m not sure). I would argue they have all three.
Further, even if you are concerned with other players developing similar platforms, who in the world says there isn’t room for multiple companies to be profitable in this space?
We’re talking about a company with a micro-sized market cap that is trying to break ground on essentially a new sub-market, and we’re complaining there might not be enough skin in the game? Even if another platform existed that was better, I have trouble believing they’d be cheaper.
Another 57k volume today. 5 of the last 7 trading days have been 50k+. Still very thin overall obviously but I’m liking the increased activity especially with it reinforcing the .044 - .049 range we’ve had lately. This was very thinly traded for much of July in comparison.
As others have commented, it’s nice to see cheap shares as harder to come by. The more longs own and control the float the more it can further fuel a blast off once material news occurs. In this regard, I’m hoping the illiquidity will one day work in our favor.
Goofer, I respect your opinion. But I would say myself and others who have complained are simply the Yang to AJ’s Yin.
I don’t post here much, I come to this board to read news and thoughtful discussion. So it’s irritating to me to see the same person asking / posting the same thing with such frequency just as it’s irritating for you to have to read me complaining about it.
I think what you and I want is the same thing — posts that aren’t self-indulgent and pointless.
Interesting action on this today. This morning there was an ask at $5 for like 300k shares that effectively blocked the price from going higher. It’s rebounded pretty well since then.
I bought back a position (had sold on the last pop) around the $5 mark. I think this company has excellent long-term potential. Once they give clear forward guidance and start realizing the revenue / profit from their deals that will begin rolling on later this year, I think this will become a monster.
Surprised there isn’t more discussion on this stock, especially with earnings coming up.
Right on cue to defend your pal, just like last time. Interesting he never seems to do his own talking (well, except for about PR’s).
I am far from the only one who has called AJ out for this. He can ignore it if he wishes but I will be here to remind him when he feels the need to post another inane PR request.
I imagine it’s only a matter of time before he runs to complain about this company on his SA blog again. Maybe I can get an honorable mention this time.
This reminds me of a quote from a movie.
“The first time someone calls you a horse, you punch him on the nose. The second time someone calls you a horse, you call him a jerk. But the third time someone calls you a horse... well then perhaps it’s time to go shopping for a saddle.”
I think it’s time to saddle up cowboy.
This had an 8 day run from under $14 USD to as high as $24 USD. The only news was the Kroger rollout which educated investors already knew about (it was mentioned on this board many times, and IR openly confirmed it as early as a month ago or more).
The stock needed a breather. I think we will make up for it (and then some) after earnings. I also look at the California food / drink legalization likely to come in the next couple months as another solid industry catalyst. In the meantime, the share price may be volatile, but again that’s really nothing new with this stock.
If it’s really true (which supposedly a CW spokesperson confirmed per Benzinga) that all this buying is due to Motley Fool’s advisor service stock pick, those are going to be fickle investors. Easy to run this up when the volume is low and tons of new $ is coming in. But the second they get scared (and they’re already up huge) they will take their money and run.
Again, just my opinion. But I wonder how this fares the rest of the day / week. This stock seems to have a tendency to run red or run green for days at a time. I love this stock and I am very bullish on earnings. However, not sure what the share price will do between now and then.
My take: market rebounding, people profit taking and moving back into other stocks. It’s very difficult to run as far and as fast as CW just did without a heavy pullback. Just my opinion.
That’s not going to happen imo. TGOD and TLRY deals in place, new CEO (who bought in to company via new offering), and another quarter closer to earnings realization. All that has happened since this was in the low to mid 4’s and I’m not sure it goes back.
This is correct. I confirmed with IR that there is no Q2 prelim earnings announcement coming. That was only done in Q1 due to the offering.
That’s true, but what’s your point? Unless you are saying these posts help cause that to happen (which would be laughable) then it still doesn’t justify making them in the meantime.
You either don’t understand what shilling is or you are choosing to be willfully ignorant of its meaning.
God forbid someone posts information in support of the stock rather than up-to-the-minute updates on how their emotional wellbeing is holding up.
You may be friends with our dear AJ or simply have a soft spot for his antics. I am not and I do not. If you prefer his cries for help over posts with actual information, then more power to you.
Free speech is a two way street. He can keep up his “Days of Our PR’s” soap opera talk all he wants. But several posters this time and last have made it clear it’s not wanted and we are welcome to voice our opinions just the same.
Even if you don’t consider that crossing a line, surely accusing a respectable poster of “shilling” crosses a line. I expect a grown man to behave with more class and dignity than that.
I thought other posters were harsh on you before, but now I’m not sure they were harsh enough. I’ve been following this board for some time but haven’t posted until now.
You seem to post more than anyone, yet your posts generally have zero substance. The majority of them are you bemoaning the lack of PR’s and news. The funny thing is I bet you a lot of us can agree with or at least empathize with that perspective. However, it’s reached a point where you are just shouting into the wind.
No one needs your daily emotional updates. I wish people exercised caution and self-screening in what they post on the internet, particularly a forum such as this that should be centered around news or investment related discussion. Now you are even making blog posts to complain about your investment predicament? I suppose sharing your whining here wasn’t enough.
It seems some people just like to hear themselves talk.
Regarding AB 228, the California state bill for CBD in food and drink, it’s now scheduled to be read / voted on in the Senate Appropriations committee on August 12th (looks like the July session is over).
Based on my limited research / understanding, this appears to be the last stop before it would go before the State Senate for a vote. Subsequently it would be referred to the governor (assuming it passes the Senate).
It’s going to take time before this one clears, but I think it will be a solid industry catalyst once it does.
Not disagreeing with you per se, but the volume after 1pm (US close) was minimal up until the last hour. I’m not going to read too much into it yet.
Who knows. That could be something negotiated among vendors and the retailers.
My main point of interest is that they are confirming their presence in those stores. During the earnings call they mentioned 4 major retailers that they had made shipments to late last quarter. They also mentioned that made up roughly 10% of sales, which I consider to be a high amount since they said it was within the last few weeks of the quarter.
You take those 4 retailers and add Kroger on top, and I think we’ll see a healthy increase in revenues this quarter that should help get this thing back on track from a share price perspective.
I also find it reassuring that management is not disclosing these deals by request of the retailers rather than them simply being oblivious or not keeping investors informed.
IR confirmed that they are in Kroger, Safeway, CVS, Rite-Aid, and Vitamin Shoppe.
They have been “firmly” instructed not to have press releases or call media attention to this by the retailers, so it’s not a matter of them being obvious or inept but rather the retailers wishing to remain under the radar it would seem.
Apologies for the triple post. I was getting a “posting failed” error but it seems they all posted anyway!
For those curious who may not have seen, the Cali Senate Health Committee passed the CBD bill but referred it to the Business / Economic Development Committee.
I’m not sure when that will be on the docket, as I don’t see it listed in their agenda for their next meeting on Monday but hopefully the following session.
https://legiscan.com/CA/bill/AB228/2019
I called the Cali Senate Health Committee. Hearing on the CBD bill began at 3:30 ET. They wouldn’t tell me results, said it should be announced tomorrow.