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.
All I know is that it sure would be nice, after all the head fakes, management shuffling and vague promises, to finally have something happen that would finally be sustainable...I have my doubts when I see all the vague management statements, the hiring (and firing) of PR firms, same with the several management comings (and goings).
Maybe...just maybe our time is coming...but I'm not holding my breath...been through too much with this company...for too long !!!
So would we all...so far, management has intentionally (?) kept us all in the dark...makes we wonder...is it really that difficult to give a tad more guidance....
dollardaze: this could be one of those cases where there is "so much news" that, in reality, there is "no news."
Here are my continuing concerns:
High management turnover.
Promises of an imminent deal...at some point, imminent nedds to be defined. It seems like we've been told this for two years.
Management credibility.
any serious answers/thoughts appreciated...I've been aboard for over 5 years so I'm not a trader or flipper.
Shareholders have every right to demand accountability from management of the company they own. Let us never forget that management is employed by us. We pay them a salary to do the work for which we have hired them. The meeting will be a good time and place to see what they are doing for us...beyond the many promises we have all read in the many PRs isued over the last several years.
I say this as a long-term shareholder who bought in on the promises made and expectations I saw for the technologies they owned and licensed. Time to get a "gut check" as to just where we stand. There should be no evasiveness by Barnhill and his team. They work for us.
Accipter: If you're going to the shareholder's meeting, you might raise the very questions you've asked here of management at that time. Your questions are legitimate and we deserve answers.
BTW, if you're not going to the meeting, I hope someone who is going will ask your questions for you---and report back here to the "loyal and long-suffering" shareholders.
If I were closer, I'd go but I live way out west.
Thanks.
Besides the scheduled business, no doubt, the meeting will provide the opportunity to:
1) Ask probing questions.
2) Get a "read" on management: Barnhill and his boys.
Those two things will tell us a lot more than any PR would ever do.
Most of the past 3 weeks have seen steady and reasonably tight accumulation between $.19-.21. Each of the last three periods of accumulation have seen higher highs and higher lows---a positive sign. Maybe it will take until the shareholder's meeting to see the next significant up move...but I'm guessing it will happen before the meeting.
Settling the Quirk warrant hoopla was a big deal. Adding Fritsch was a big deal. It looks to me like Barnhill is readying the company for a big splash. Guess, like most here, I'll have to wait a bit more to see what really happens.
I can wait...and smile while I'm doing so.
Karl: We will be fine. The good news is now ahead of the share price. Several months ago, the share price got ahead of the news. Since that time, we had added significantly to our leadership team, resolved the Quirk/warrant issues and have issued a very comprehensive shareholder letter. Now all we need to have is a shareholder meeting !!! Oh, we're going to have one. My, my.
The Abbott/Quest "deals" are moving along...though not at the pace many here would like. They are the 20 ton elephants in the picture...we are the gnat riding along...so we are at their mercy as far as timelines go. The elephants are pretty deliberative in their movements....but we will get there with our deals. Just have to have the patience to ride out the wait.
The Quirk settlement appears to be very nice...as far as HDVY is concerned, removes and resolves an overhanging issue.
Perhaps we can now move forward without one major question hanging over our heads which has caused untold needless speculation and bantering back and forth.
I also think that shares are being very tightly held at this point and volume above 500,000 on a daily basis could be quite meaningful. let's see if we top that figure today...or tomorrow.
TSB: Not sure what point you're trying to make. I was simply following up on my comment of a couple of weeks back that I thought we'd see $.28-.30 in the relatively near-term. Since then, we've just paddled around (though I do like the way we're holding and not "falling off another cliff"). I am still of the opinion that my short-term goal is easily reachable. Perhaps some short note from the company clarifying the "warrant" exercise issue (which I believe they promised us) would be a nice catalyst at this point.
The ironic thing about investing for me is that just as I'm about ready to throw in the towel, something really neat happens. I think we may be at or very near that point.
Been "on the road" the last few days but have been "checking in." I am more covinced than ever that we see $.28-$.30 in the relaively near term. Of course, just my WAG...but I'm holding for far more than that.
We crammed 1 MM+ shares through the door in the last hour, the large majority of which was to the upside. Last several minutes, slight pullback on sharply reduced volume...though the last half hour today may be interesting...I think we take a run back up to and possibly above the day's high...could be wrong but we have definitely "turned."
Next week will be interesting...but there I go repeating myself.
Volume today should cross 1 MM. I look for next week's volume to exceed 7 MM (for the full week, that is, just to be clear) and our SP to approach (perhaps surpass) $.25.
Jusy my WAG...as September 7th comes and goes.
ou: sorry. That should be 'ou71764.' Have always had trouble with numbers....
Renman
OK, ou71746. But I think something is afoot. $.28-.30 is the resistance formed by the two prior tops of the last year. Longer-term, I believe we challenge $.43 and then get well beyond that.
Renman
Timeframe: couple of weeks....max.
$.28-$.30...coming up. So sayeth the soothsayer.
Looks to me like this move could get to $.28-$.30 before we hit resistance/consolidation.
Yesterday morning, I posted it'd be nice to see $.18/$.185 which we just did. Given today's strong market, I'd now like to see $.19+ as further affirmation that we have shaken the downtrend...though the warrant expiration date of 9/7 still appears to be a critical date vis a vis dilution.
Renman
allensfun: Thanks. Much appreciated. Renman
Karl:
If royalties are about "ready to flow," we do not need the capital and we certainly would be better served without the dilution. Post exercise date, we may see (finally) some share price resolution and not any of the recent backing and filling.
Just about time for a share price turn-around. Let's see if we can pass $.18/$.185
"skimmed" the shareholder letter first. Don't always proof-read. Sorry for that and any other typos. Renman
2010 shareholder letter: So I first skimmen, then read and finally studied the 2010 HDVY shareholder letter. All-in-all, a pretty impressive document and, for those of us who have been here a while, a great reminder of the potential that lies before us.
A few points: When you are a small company like HDVY and are dealing with a larger company like Quest or Abbott, you become subject to the big company's timetable. And even big companies become subject to the government...the FDA can slow anyone's progress.
When you are a big company and you are planning/expecting to displace a significant past source of your existing revenue with a better longer-term source of future revenue, you must be exceedingly careful to get everyone aboard and to be sure that you will not be harming your franchise going forward.
NDAs do require secrecy so non-disclosure agreements are a source of frustration as we try to read between the lines to get answers as to test rollouts.
Reviewing the management changes, it does appear we have assembled an even stronger team than we had a year ago.
I could go on as there is much to comment upon but, in my book, it all comes down to trust and confidence. I do not know Stephen barnhill, have never spoken with, nor met him. If this man is honest and above reproach and is leveling with his shareholders, I have absolutely no problem with riding his coattails for several more years; if he is less than trustworthy, we should all exit this company at once. I vote for the former but, again, that's just my opinion based upon subjectivity and comments of others.
ou: Short answer; Yes, this move will move us past $.20 and we'll likely challenge $.25. So much is dependent upon better overall market tone plus any significant company-specific news.
Renman
From my reading of the charts, I sense a meaningful advance to begin by next Monday. Let's see if I am correct.
Renman
P.S. BTW, the Quirk warrant explanation by "DOG" is one with which I agree. At least it makes good sense to me.
$.16 looks to be the low for this retracement based on my TA.
Certainly a possibility. That could explain some things.....I guess we'll just have to wait and see.
Of course, if they're keeping quiet, why can't Quest independently say something? Maybe thay have a "wink-wink" understanding on their deal.
We are due for something more (and better) that "we're making good progress." In fact, we're entitled to it as I simply cannot believe that we do not a better timeline than the vague words used previously.
Shouldn't we be entitled to somewhat greater clarity on the Quest test? After all, as shareholders, we OWN the company. Management works for us...so I hope they enlighten us a bit more than in prior reports and PR releases.
You'll be even in a week.
VERT...so what will it take...$5K, $10K in buying to clean him out? He'll soon be gone...and, hopefully, we can all be on our way !!!!!!!!!!!!!
Might pop this one through the magical $.19 at any time. Stay tuned.
We may "churn" for a brief time between $.17-19 before breaking through...usually the third time is the charm and we've been to $.19 now three times in the last two months and have backed away the first two times...Hopefully, this time will be different.
About these "Canadian coverages." I do not put any stock in them as anything more than firms who simply reprint available SEC available data and hope to stir up some interest. We've yet to see any piece of outside analysis worth the paper it's printed on...not surprising for a penny stock....Still, if one believes this company has some merit, the time to buy is before we receive any legitimate coverage...or get "news." At least that's my approach.
This is the third time we've bumped into $.19 in the last 2 months. This time we have large volume to go along with the $.19 mark plus the majority of yesterday's volums took place nearer the high end of the day's trading range than the lower end...suggesting further accumulation. My "guess" is that, this time, we push through $.19. How much higher we go and how soon I'll leave to others
Just to clarify...and restate some of my thoughts on HDVY.
With about 210 MM shares O/S and a share price of $.18, I find it ridiculous that our stock has a total capitalization of less than $40 MM given the possibility/likelihood (pick the word with which you are most comfortable) that we will begin to earn some significant royalties (do the math) from our urine based prostate test in the relatively near future (guess when).
The company's value has been ratcheted up significantly in the last couple of days by the successful resolution of the much-discussed Note M which, if left unresolved, had the potential to dilute us all significantly. Recall, that with Note M hanging over our heads (implying the likelihood at that time of the aforementioned significant dilution), we sold up to $.43 not that long ago. The only thing I can figure is that investors misread the launch date for the urine based prostate test and assumed that it would be on the market by this time...well, it's not....but aren't we as close to launch now as we thought back then?...and, if so, shouldn't we be trading back nearer the former highs...if not higher...unless, of course, we have collectively lost confidence if the company's ability to ever get this test (and others) to market?
My bottom line: I think we should at least be trading north of $.30 currently. This allows for the delay in a Quest announcement, the departure of Scott Tobin and a tough overall market environment over the last few months...but really doesn't take into account Dr. Albitar joining us to develop additional tests...which I view as a big plus.
Of course, what any one of us (including me) thinks really doesn't matter as the price of a stock is set by the collective judgment of investors in the marketplace. Still, sensing that we have a real bargain on our hands, I am holding patiently expecting better days ahead.
Yes, UCLA...or someone else may indeed have a better test out in 5 years...but that assumes that HDVY stands still and does not make improvements to its soon-to-be-introduced test. It is the nature of capitalism that better ideas crowd out old ideas and shame on us (or any other entrepreneur) if we do not continue to work to make out test even better in the years to come.