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I just received my first email from Schwab yesterday. They are offering close to $100 a month in interest for every 10,000 shares.
Does and body know how many miners they have and how many miners they purchased? How many bitcoin do they own? Is this company profitable? I'm having a tough time finding information.
Thanks,
Bill
Do you have the link to AF article?
.10 pennies soon. Get out. I have no vested interest in this stock. Fake news, fake websites, fake product launches. Boner has stretched it (this run) as far as he can.
My personal opinion but I think some are overestimating the role that RSCF is going to play in the distribution of vaccines or the distribution of cryogenic refrigerators. I'm guessing that Fedex and UPS already have master service agreements with big hitters in this space. Also JMO but RSCF is a no new player in this space and at this point will play a small role if any role at all with Pfizer. They will most likely play no role with Modera because that vaccine can be shipped refrigerated at much lower temperatures. Current market cap 105 million which still seems expensive to me. GLTA
I made a big chunk on this but was just riding the wave. I had no illusions that RSCF was worth $250 plus million. Current market cap is $112 million. Still too expensive. I will wait until it hits $1.00. If not no big deal.
No - Actually made about $500 on this piece of junk, but when I dug into the fake websites and the fake products and fake news releases I got pissed off enough to try to save some people for being conned. Pure and simple.
Back to the gutter where it belongs.
You can store the Moderna vaccine in a refrigerator. Moderna's vaccine does not need Cryogenic shipping and RSCF doesn't have the logistical capabilities needed to handle the vaccine. They only have 12 employees. This stock is going back to $1.00. I made a killing on it and I know others did also, and no I'm not a pumper.
Another BS press release. What a joke this company is.
Really good post...thank you.
A lot of people made a lot of money on this stock. 12 days ago this stock was 20. - .30C. No one ever got hurt taking a profit. 12 days ago the market cap of RSCF was 17 million and today the market cap is 173 million based on what news? 2 patents and a discussion with someone at OWS and some interest from handful of pharmaceutical companies and most likely some sales. This stock will more than likely go back to $1 unless it can divulge some serious sales numbers which certainly is possible but in my opinion not likely. It's not likely they 5,000 of these Freezers ready to ship.
Xenalives is correct. Stay away from this one. When the pull the plug on the pump and dump you don't want to a bag holder.
Cold storage needs are exploding. This is not just for the Pfizer vaccination. (Car) T-Cell therapies are expanding rapidly and we are in the first inning. Stem cell therapies - Mesoblast comes to mind are also in the first inning. These platforms are game changers.
I've been a long time Cryoport share holder (CYRX) They recently purchased two cold storage companies with a 275 million buy in from Blackstone. I have no idea what RSCF is worth but this a very hot (no pun intended) industry.
Below are part of the press releases.
Cryoport, Inc. (NASDAQ: CYRX) ("Cryoport" or the "Company"), the life sciences industry's preeminent partner for temperature-controlled supply chain solutions, today announced it has completed the acquisitions of MVE Biological Solutions ("MVE"), a global leader in manufactured vacuum insulated products and cryogenic freezer systems and solutions, and CRYOPDP, a leading global provider of innovative temperature-controlled logistics solutions for the clinical research, pharmaceutical and cell and gene therapy markets.
Blackstone Investment and Financing
In conjunction with the acquisition of MVE, the Company completed its previously announced private placement issuance of $25 million of common stock and $250 million of newly designated Series C Convertible Preferred Stock to funds affiliated with The Blackstone Group Inc. (NYSE: BX) ("Blackstone"). In conjunction with Blackstone's investment in Cryoport, Ram Jagannath, Senior Managing Director and Global Head of Healthcare for Blackstone Growth and Tactical Opportunities, joined the Board of Directors of Cryoport.
The phone must be ringing off the hook. I just can't imagine a scenario where dry ice is a viable solution. Think about trying to distribute the Pfizer vaccine worldwide.
I think it was my brother who was cold as ice. We were both heavily invested in this during the dark years. At one point I was probably down about 50k that was invested in private placements. I had at least 50,000 warrants expire worthless but somehow I had about 4600 warrants with a strike price of $3.57 that I exercised. So after years of pain the worm turned but it was not without many sleepless nights. This board used to be really active and now, ironically, it's dead and the stock is exploding. I plan on holding for at least 5 years. I think one reason for the current uptrend has to do with the cold storage companies that CYRX purchased with a huge investment from Blackstone. I believe CYRX currently has 26 COVID vaccines or therapies in their mix. A lot of these, including Pfizer's vaccine (I don't know if they are working with Pfizer) need to be transported and stored at very cold (- 70-90C). This is a big problem because most hospitals do not have the cold storage containers and dealing with dry ice is a big problem. Not only that - think of the logistics nightmare transporting the vaccines that survive for only 5 days. CYRX has spent years and millions of dollars developing a very sophisticated transport and logistics system world wide to deal with this. I'm pleasantly surprised at the huge rise in the stock price. Last time I checked 20% of the stock was shorted so maybe it's a short squeeze. The RSI is off the chart so I think the stock will come back down but it does it's probably a good time to buy.
Best
COLD
Hyer...very interesting hypothesis. Unlikely but certainly possible. You must have read Smithonstocks post on NWBO. If his theory is correct it should be made into a movie. I'm going to take a small position into NWBO tomorrow.
Thank you for your interesting post.
Only a few us have been paying attention to this stock. Unbelievable how under the radar this stock is. Total shares 11 million? Stock has more than tripled in a year. Buy out on the horizon? Wow...just wow.
Persby - I agree. Quarterly numbers and conference call will be very interesting. NASDAQ around the corner?
Persby,
Listen to the last conference call.
Starting buying about .50 but picked more along the way. Last purchase was in the .80s. The business model is beautiful. They remotely monitor at-home patients with 2 or more chronic diseases. They receive $50 a month for each patient they monitor. They are adding about 2,000 patients a month and should be up to 30,000 patients at the end of 2018. Their burn rate will stay pretty much the same at about 250-300k per month. It's a cash cow. The CEO is VERY sharp and very conservative.
AGREED!!! RQHTF is taking off like a rocket ship. I'm not a pumper. Take a look. GLTU.
Small Microcap Canadian Healthcare Technology company. I'm in for a bunch. www.stockhouse.com has some very knowledgeable posters about this company. IMO this company is going nowhere but up. GLTA
Persby,
Check out RQHTF Reliq Health Technologies. Small Microcap Canadian company providing in-home health care to high risk patients.
Persby,
Do think OPRX can hit $4 million this quarter? 3.1 last quarter but 4th quarter is always their best. No volume. This stock could move up quickly.
Best,
bt
Wow. I wouldn't have guessed that. It's only a matter of time until this stock begins to move with earnest. Less than 30m shares outstanding and a market cap of about 45m. They look to be profitable in 2018. I see you follow some bio-tech stocks. Which are your favorites? I've been watching PTLA. It's been beat up long term it looks good.
persby09,
I'm curious as to how long you've owned this stock. I remember buying a chunk through Emergeant Financial in a private placement probably 8 years at I believe $1.10. I don't know why I held on. I guess I liked the story.
I was very impressed with the most recent conference call and I added to my position. I'm glad to hear that there are a few out there who have taken notice. I appreciate your response.
This stock looks like it's ready to go to next level. Does anybody else follow this? The quarterly conference call went extremely well.
Kite Pharma is up 25% due to the pivotal trial of patients with aggressive non-Hodgkin lymphoma. It appears that the results were exceptional. This should bode well for CYRX. Kite appears to be ahead of Juno and while it's still early Kite seems to be in first place on the path to get their CAR-T drug to market.
Here's the Breakdown of warrants and strike price recently issued by the board. I believe this to be correct but check the cryoport website or SEC to verify the accuracy.
Shelton 827,000 @ $3.06
Stefanovich 177,200 @ 3.06
Hairi 15,300 @ $3.06 and 50,000 @ 2.66
Ramkuar 80,000 @ $3.06
Berman 113,000 @ $3.06
Zechinni 80,000 @ 3.06
Grand Total 1,342,300 Warrants issued with a strike date of 2025.
It's a gross understatement to say that all the board members received more warrants that they deserved. If you look at it in pre split numbers (which is where most of shareholders stand) the compensation committee awarded Shelton 8,270,000 warrants. This is the last dagger in the heart for long suffering Cryoport shareholders as it's obvious the current management has it's own interests ahead of shareholders interests. The current round of fund raising was a disaster for shareholders and the current quarter under performed expectations, yet the compensation committee unjustly rewarded all board members. Beyond Pathetic. This has the bad stink of collusion. If this makes you sick email the CEO jshelton@cryoport.com and let him know how you feel.
The Fedex news release has a bigger bang.
http://money.msn.com/business-news/article.aspx?feed=BW&date=20110124&id=12801508
I purchased a large chunk of the most recent financing. The sellers are most likely those who purchased shares at .70 cents with a full warant kicker at .77 cents. It makes a lot of sense to take some money or all of your money off the table and ride the free warrants for five years. I'm not buying at these levels only because I have a substantial position. But I submit again that this stock has tremendous risk reward return potential. I'm fully aware that I might lose everything but I think the likely hood that this stock will be 10 times higher a year from now is much greater than this stock going to zero. I don't anticipate that cyrx stock price will appreciate until the company starts to show substantial revenue. No one cares about DHL or FedEx or any other bs anouncement about hirings. My guess is that next quarters revenue will surprise and each preceding quarter will surprise and one day the market will catch up but with the overhang of 3.2 million shares out there it's going to take time to filter through those shares. I'm willing to wait it out and I have not been a seller. I've gambled before (make no mistake, this is gambling pure and simple if you want to invest buy FedEx not cyrx) and sometimes I win and sometime I lose but for this one I'm all in. Only time will tell whether my right.
You've nailed my sentiments regarding the market as a whole but I'm going to disagree with you regarding cyrx. The stock is beginning to turn. Next quarters numbers should be very good and my guess is you will see the numbers double each quarter for quite a while. The stock has been beaten down and the story is tired. Tired, beaten down stocks that begin to show results are great specualtions. I've seen this before and if you have the balls you can make a boatload. I look at this way. Either I lose everything that I put in cyrx or its at least a 10 bagger in two years. I like those odds.
I've followed this company for quite awhile and certainly understand everyone's frustrations. I've invested in a lot of penny stocks. I've hit a few homers and had a bunch of losers but I must say that at this point the risk/reward looks fantastic. All of the negative sentiment is often a sign that things are about to turn around. Buy when there's blood on the streets. I've loaded up on this one in the most recent financing and I feel very confident. What everyone seems to be overlooking is the fully integrated logistics system that seamlessly handles order entry, documentation and tracking. Make it simple and they will come. FedEx came and now DHL. Trying to move large companies takes time but when this thing turns around it will be explosive. It will be as a great speculator once said, "like trying to get Niagara Falls through a garden hose."
GLTA longs.
Stockdude...until recently it's been 20 below zero around here. I'll stick with COLD because I am. BBF, I will be at the Twins opener.
BBF...I agree with the 2-1 split. COLD will need a large float. I will go with and even $7.00 for the SP. I'm off the Vikes game tomorrow. I was at the Drew Pearson pushoff game so hopefully I will get some payback after all these years.
Stock Dude,
I'm new to the board. I am OK with prices at these levels and I have bought a large chunk at .40 in past few weeks and have bids in to buy if anyone wants to give me their stock at those levels. The cheap stuff is drying up and we should all have a very nice Christmas. Things are progressing quickly and all those who sold at this level will be puking in a few months.