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If you are not familiar with a controlled equity agreement...
http://www.yourdictionary.com/controlled-equity-offering
Abira...RWLK moving above $1...I don't see any news (still looking)...maybe a chance to skim some (don't know where you bought in) and get ready to put in EKSO, unless you wait for a comment/news driven spike...EKSO back down from it's pre-market jump to above $3...So hard to judge what RWLK will do from day to day, they make more remarks that cause PPS movement than EKSO. EKSO much more stable.
I'm holding what I have in both for now, made too many moves that could have cost me in one way or another.
The Levitate AIRFRAME seems to be a very lightweight product. Could prove to be stiff competition...They too are in many markets. Auto industry, construction, shipbuilding among others. They snuck in at BMW. (Athough, I believe the EKSO vest that was trialed there was an early generation (looking at photos). New gen. looks lighter and less cumbersome.
Porsche, you may be right...Pre-market action has EKSO breaking 3.00 again...I don't see an news to support the move and it is only 1,200 shares
In a previous post (#5511) I supplied a link to some documentation that I couldn't understand. That documentation looked to be a solicitation for and delivery date of the EKSOvest to Puget Sound Naval Shipyard.
Yesterday's post (#5549) seems to confirm some info in the earlier post. The US Navy appears to be using EKSOvest at the Puget Sound Naval Shipyard (see page 10).
Abira...Today I was fortunate to be able to fix my screw up the other day. I was able to repurchase the 1,000 shares that I sold the other day, and got them at the same price. Also picked up 555 shares in another account. I had originally put a buy order in at 2.90 but after thinking things over and reminding myself to stop letting emotion drive my actions, be patient and rely on my analysis of the chart and company, I changed the buy price to $ 2.70 and waited. It came back down and now I am back in and my EKSO:RWLK ratio looks much better. I feel much more comfortable now.
Set my buy in 2 separate accounts at 2.70 on Wednesday, both orders went through, added 1555 shares. I expect we will hang around this area with ups and downs, consolidating support level. News will move us higher, but I think we will be in a range for a bit.
What makes you say that? Are you referring to this short term run or long term? Definitely not over for long term.
I have no choice now, but to wait for a pullback to get back in.
Welcome back Rhet...PapaWheelie and I were just talking about you.
I just made a few moves trying to position myself to gain more shares but ended up screwing myself. Should have left well enough alone.Who knew news would come out an hour after your trade goes through?! Now I sit with a lousy 635 shares when I was trying to make my way to 5000.
I'm having a much harder time accumulating now that there is no chart history to look back on and more frequent bits of news coming out.
I just sold a portion of my shares at 2.70 (bought them at 1.51) because I thought we had seen the best of the moves from the VA announcement and that it would retrace a bit and create a bottom and then today's release comes out. I'm outside looking in again! I still have some in. Now I have 2 buy orders in (2 different accounts) hoping for the retrace. I know what you were feeling, glad you ended up getting back in.
TypOneG stated that this was a pilot program...I agree, the pilot program was the vest being used in the origainal 2 plants last year. Prior to that they piloted with BMW, but BMW ultimately decided to use a different company's vest. Levitate Technologies AIRFRAME.
I believe that during the pilot period EKSO worked with Ford on making adjustments and modifications to tweak the vest to their specific needs and determine correct sizing. I agree that there are many applications for this product, always have. I have been in this stock since fall 2015 and have researched it just about every day since then so I am well aware their products and their potential.
As for today's release, I didn't think it had anything to do with the announcement of the VA contract.
I was just trying to clarify statements made between TypeOneG and me.
I like this move much better than the spike above $4 before. This time the move has actual news driving each move higher, much less chance of a return to lower levels. For all those who have been here since the R/S, congratulations! You are being rewarded for being stubborn and thick-headed like me...lol...Your patience, confidence, faith and DD are being rewarded.
I believe it has moved beyond pilot program, they are using them in all plants in US and in several countries. From what I have read they are still working with Ford to find more uses for them and I would guess make any necessary modifications as they did with first ones used in the original 2 Ford plants.
Is the announcement today the same as the VA contract announcement or is it something different? The reason I ask is the following line from the release:
“We believe that this listing will facilitate potential future opportunities...
The other release about the VA read like $5 million contract was signed.
They didn't release either for the Ford contract did they? I believe they did mention after it was released elsewhere.
My point is that the information is already out there and the PPS has moved because of it and now reflects that info.
There have been other instances where they finally made a statement well after the actual event and the PPS didn't move.
As was stated in someone else's post, we have no details about the VA contract, this contract could be over a period of weeks, months or over a year. The longer the timeframe the less impact on quarterly earnings.
There have also been plenty of contracts that have never had any type of company release. (Though the amount of this one, I believe, requires reporting.
You will have to hit the translate button for this link:
http://sarr-llc.com/kizki-report/eksovest/
There are several other links on the page that will give you further places to research and that lead to other links.
Found this last night but reached my post limit:
https://www.coroflot.com/kdacey/eksoVest
https://www.katechnologies.us/en/catalog/product/-EksoVest-106759?q=en/catalog/product/-EksoVest-106759
The following are the last 2 paragraphs from the article at the link provided below
The company is also prototyping a full-body Iron Man-style version of the EksoVest, expected to launch by mid-2019, that would allow builders to carry heavy loads around a site without the need for specialist vehicles.
The suit would need to incorporate “a lot of electronics and control systems” to enable users, says Mastaler: “Developing the suit for construction sites will be tricky and the uneven ground must be incorporated into how the system manages the load and forces and velocities associated with moving it.”
http://www.bimplus.co.uk/technology/robotic-vest-lifts-work-site-new-possibilities/
Found this in my searching...April/May 2017...can anyone make heads or tails out of it...In some places it says "EKSO vest" others ESKO (just a typo?)
https://govtribe.com/project/36-95-esko-vest-gen3/activity
I really have no idea what I am lookng at and can't reach the website in the link
I miss Rhet...he was good at hunting down this contract stuff
I've been searching but only found 2 long reads, but they were dead ends.
I know what you mean, no specifics given. No way to know when this will find it's way to the balance sheet. When does it start, is it over a short or long period?
I'll keep looking.
I don't know why EKSO isn't releasing all this information themselves but I guess it benefits us, as we seem to be some of the few that actually do the digging and do our DD.
Thanks for posting.
It's been very tough lately to pick a buy in point. If anyone is getting in just now they are probably kicking themselves for not getting in a couple of weeks ago. I almost put a sell order in at 2.65 yesterday as it was coming back up because I truly thought we were headed toward 2.10-2.30.
A little real news changes everything.
Don’t know what you mean by PR next, that was the news...we will have to see how it affects next earnings. May be spread out over several quarters.
That spiked for a totally different reason. That was a momentum move on a Ford release that had no real substance that would translate to earnings. The PPS decline after the run backs that up. This move is reflecting the slow steady stream of info coming out about sales/ contract. The slow rise in higher lows and higher highs all while staying above the Moving averages backs this move up. There is a chance that we could see a spike if this breaks $3. Then I think things become self fulfilling. (Chart feeds buying, buying feeds chart)
As for RWLK 52 week chart, I have not been following that long to know what was going on with each rise or fall in the PPS. Also, is looks to be rumor/news driven right now anyway. Best to keep a good chunk in and wait for the next one day pop, until real news comes out.
EKSO is getting to the point where the 52 week or longer charts are absolutely useless. The last time it was at this level was on the original Ford article. That whole spike and decline was on over-reaction and not on the substance of the news. Prior to that point on the chart, the last time was when EKSO was a completely different company and R/S era.
I don't think adding here was wrong, actual that is what I would have done.
As for the ratio, I don't like mine either, but it is hard to figure out where to get in with EKSO, it just keeps trudging higher. I wish it would have don't this when I had 8000 shares, instead of that spike. I took a lot off the table then and haven't caught the entry point since.
You know the second I jump in, something bad will happen. I'll just have to settle for what I already have in it.
I messed up and did not include after hours and pre-market trading in my trailing stop order so it never went through. Would have kicked me out at 1.01.
I had to go do some other work, just got home and looking over what has happened so far. Not really looking that bad. The ER was a non-event, looks like all the people who didn't read the prelim. have all jumped ship. Looks to be settling out and slowly gaining it back. I think you did just fine. I was hoping to get out at 1.01 and come back in on the dip but missed that chance.
Also, EKSO is looking nice, I was hoping to add some lower but the VA contract nixed that notion!
I got in on the conference call late. Anyone else listen? What did they have to say about JV?
Abira...Maybe you can explain something to me. Here is a link from yesterday
https://cnafinance.com/rewalk-robotics-rwlk-stock-gaining-ahead-of-earnings/20035
How can "investors" be looking for RWLK to beat expectations? Didn't ANYONE (besides us) do their DD and read the 8-K?
The statements at the conference call may reveal developements; that have occured since the quarter in the ER had ended, that may give a positive outlook for the next quarter's ER. If they announce that progess has been made on the JV or further insurance acceptance, that would move the PPS.
I have a stop loss in to protect against a "let-down" decline. As of this second I don't see anything to push this much higher.
I also believe that the program is an effort by RWLK to exert pressure on the insurance companies and government officials to get exoskeletons covered by insurance and grant patients easier access to the devices.
https://globenewswire.com/news-release/2018/08/13/1550761/0/en/Ekso-Bionics-Appoints-Jack-Glenn-as-Chief-Financial-Officer.html
Looks like he has a lot of experience getting companies sold... Just an observation
I am watching the area of December on the 52 week EKSO chart. I believe that is the area that the new floor/support level will come from. Could be anywhere from 2.10-2.60 is the problem. With earnings over and Ford news out, I am guess there will be a slow drift downward until that floor is settled on or some real news comes out. Sticking with an earlier statement I made that I don't think we will drop below $ 2 anymore. I am holding my 1.51 and 1.61 shares and looking to add at the floor. Right now I am thinking 2.10-2.30 (?)
I agree, there have been many TV presentations for both RWLK and EKSO. They usually cause an immediate but temporary bump in PPS. That said, I do believe that the constant exposure through large TV programs is having a positive effect on the industry as a whole and I also think that it has begun to help slightly with the PPS of at least EKSO. With more exposure comes more investors who will hang onto their shares, thus adding support to or creating new support levels. (note EKSO's 52 wek chart). The promotions help but the companies have to execute a good business plan.
I believe RWLK is making a concerted effort to release statements, articles and TV programs in order to not only increase exposure but to shore up the PPS until they can get FDA approval and get the JV deal through completely. PPS must stay above 1.00 or they will have other issues to deal with, R/S would be bad. I personally would be out.
Agree, EKSO not ready to fly. Ford news was helpful but 75 units doesn't equate to a lot of $
I'm fine with RWLK as well. I know people are waiting for earnings release but I am not expecting anything much different than the prelim. report. Conference call comments may make a difference. They seem to be more willing to make comments that may cause a spike. EKSO is much more guarded with their remarks. Standing pat as well on RWLK
Looks like 2.60-2.80 is proving to be resistance for EKSO, I am thinking we see retrace to 2.20-2.30. Hard to read the 52 week chart, no real history of solid support around these levels. I do not see it moving below $2 again
Holding my EKSO, looking to add
Another test of 2.60, touching 2.56 for a second...Not jumping in yet.
Breaking out above 1.00 just now