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Will it be this Friday or next Friday? If the Q is not dropped this Friday then I’m guessing the price drops back to 20 in which case I’ll jump back in. If it’s this Friday and the price rises then I will be happy for all who’ve held.
Nice finish.
Climbing back with some volume.
a dance beteeen 215 anf 24. once this drller is gone leys start going up again.
Bids building.
It hit bottom and now news and a tiny float will send this back up to a much higher pps than the prior high.
I bought more.
Our strength is a tiny float and OS, and management willing to put out positive news when it happens every few weeks. As I understand it the next news might be in their upcoming 10Q due this Friday.
Our strength is a tiny float and OS, and management willing to put out positive news when it happens every few weeks. As I understand it the next news might be in their upcoming 10Q due this Friday.
Adam
I see this ALL the time on pinks. I am not a good trader but I know better and blame myself for not selling at over $1 when that’s a 550% gain. IMHO, In the pinks that’s a get out now time and I knew it. Most pinks are scams, many are start ups or tiny ideas that are overblown or pumped. In this case we should all ask ourselves how a company that’s beeN operating for 30 years and was once on Nasdaq has been languishing on the pinks for awhile.
A few weeks ago when this was still in the 90s I mentioned to someone in the field this diamond in the rough company that had the magic healgon test. He said”Sure, I know healgon. We just sold healgon tests to (some country in Africa).“ That was a V8 moment for me. The healgon test is getting to be like the Band Aid of antibody tests. Sold by many distributors as the first name in the use it serves.
I still believe because of the demand far outstripping the supply, and because of their established GSA and pre approved state accounts that the pps here will reverse to some extent on 1 million dollar sales per month but I’ve come to believe Melissa is a small time CEO running a small time company in a small town. She’s a one armed paper hanger doing a mediocre job staying just enough out of trouble to keep herself employed. Staying overly conservative with regard to the SEC is one way to do that. All that means is the reversal will not end as grandly as we hoped.
If I’m wrong it won’t be the first time.
No
I’m out but playing a dangerous game of market timing. I think you are right about a much better price but I salvaged profit before I lost it all. Hoping to get back in because I think the price will continue going down before it catches fire again. But, if it goes up now then I will be happy for those who’ve stayed in.
Sorry all but I am out. 50 percent gain salvaged after a 500 percent gain had I sold at the peak. I do believe this will eventually recover to something over 50 or more but I also believe it may go back to teens first. My bet is that the filing is delayed to EOM . If it does go below 20 I’m back in. In the meantime I put a lot into another Covid related company that went up over 50 percent yesterday and another 50 percent today. I’ll be more careful about not being a pig and selling smart (but knowing me I’ll be a pig again)
Limit sell, but I admit to it. Listen, if this keeps going down I’d like some powder to buy at a lower price. We are at the mercy of someone who disclose very cautiously. That means later than earlier....or not.
Ok. I’ll play this game. I sold 20,000 of my 250k shares to see if I can buy back lower before it starts going up again. The bet is that we don’t see a positive public announcement until the 21st. Either way I win ASSUMING some of our assumptions are correct and are made public later this month.
And profit should be up higher with 40 plus percent margins.
And profit should be up higher with 40 plus percent margins.
The wall at .50 The last two days keeps this stagnant. How can we break this wall.
Please adjust your tinfoil hat.
Thanks, so go play on those sandboxes.
I agree. I’m uncertain what the next few trading days will bring but I believe the next two weeks will see us on the rise again.
That is a high value theory. I believe it is correct.
Don’t count on me. I’m not thrilled with her communication skill but she’s making sure that we don’t get SEC grey listed. So she’s risk averse. It was under her that the GSA accounts have been set up. Under her that the COVID tests were made available and then assisted in getting them FDA approved. Others have a better idea. Contact the Board. They have a better chance at focusing her attention on Value add communication then a bunch of pitchfork and torch wielding penny stock gamblers who’ve mostly been in the company for less than three months.
I want her product and told my doctor about it yesterday as an option to their three day turnaround Antibody test.
Isolationist insults don’t work. Please move back to 1935 where that was a thing
Just so long as it’s not “Hey, you fkd up. You trusted us.”
Adam
It’s all your fault (kidding). But, I would like your take on the math. 1 million in shipments as of June 26. 1.1 million in sales as of the 5:04 pm issued 8k? shipments? new orders? How much in back orders? International sales? Her write up reasonably can be interpreted as 100k in shipments in July. Does that make any sense other than a product supply constraint? If so is it fixed? When will it be fixed. I’ve been a filing timing apologist because of Melissa’s responsiveness to my emails. I’ve been an apologist for her conservative reporting philosophy because of SEC punitive actions and warnings on COVID products. But, I can’t defend a report that leaves more questions than answers.
Hey, the stop sign will be removed (She better be on time for the August 20 Q2 report). That’s great. I believe she owes us a clear business plan on how they will maximize sales of their COVID test
MMs shaking the trees for low hanging fruit this morning.
What conflict of interest? These tests work and save American lives if the information is used properly. If you want to live in a world where countries are disconnected from one another whether friend or adversary then I suggest you move to 1935. See where that leads. If you want Marshal Plan like imagination, where we grow the world economic pie as we convert our former foes into allies and friends like Germany and Japan and Italy then welcome to 2021.
Silver lining. When we do get the 10Q she’ll tell us about a month’s worth of actual sales since June 26.
I believe next week for Q also. I believe the auditors certainty about the need for a 10K/A is based on a completed audit of the Q which found discrepancies in the June 10K filing that were material enough to warrant an amendment. Just a theory, but I see no other reason for a review of the 10K except as a by product of a completed audit of the Q.
Good job K. You’ll be rewarded for smartly buying at what will look like peanuts in about two weeks.
Ok Captain Queeg. Go for it. She’s in the right place, right time, doing financials, on the shipping floor, answering stupid emails from me, trying to hire enough folks to handle huge orders. It’s little company for goodness sake, in the middle of the original pandemic epicenter trying to catch up on reports while successfully selling the mother lode of testing. You make it sound like it should be run like Eli Lilly.
I for one prefer very conservative SEC compliant communications vs. standard pink sheet over promising.
She can afford one now.
We can agree that we both want the price to go much much higher. Maybe she could should communicate more. But, it’s also a fact that 13 or more pinks have been sent to the greys for over promising or in some other way violating some dark set of COVID SEC reporting Standards. Better to be safe here and keep our distance from SEC scrutiny.
And, I can’t speak to her prior history but as CEO a COVID test now approved by FDA and bringing on a billionaire investor. Pretty good last 4 months.
Wow. Under her leadership the PPS has risen by 1000 pct since February and you want her replaced because she’s following her legal guidance not to follow the reporting missteps that got 13 other pinks suspended.
I, for one am glad she’s ultra conservative on reporting. It’s served us well.
This looks like such manipulation by MMs to load at $1 just prior to the Q1. This does not at all look like retail selling.
Lol. 2020 requires brass balls not crystal balls.
I will no longer predict when 10Q comes out but it’s getting closer and closer and I’m convinced these prices are cheap cheap cheap compared to where they’ll be post filing. If I had dry powder I’d put every penny here but happy with my 249k shares.
Silver lining is the longer the filings are delayed the more current information we’ll get on sales and margins.
It’s too not to Einstein.
Take your Trump conspiracy nonsense somewhere else