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 will have to wait and see what happens if the wearable vertical is a JV or simply a business transaction with some consulting. I still believe the partnering company would be the one to deal directly with the FDA as POET provides the interposer and technical advice.
regarding the wearables vertical I believe POET would simply provide the optical interposer to a partner who would build the actual wearable/product. now i dont know anything about rockley and their dealings with the FDA, but I dont think POET would submit their optical interposer chip to the FDA to get approval. the FDA wouldn't know what to do with it. I think the burden of dealing with the FDA would be with whoever POET provides the interposer too, that company would enhance their existing product with POETs tech or develop a new wearable.
did you or anyone else tune into the conference, have any thoughts? the last five minutes was rushed but the most peculiar.
does anyone know if there is a live stream of todays needham conference?
thanks for that i was gonna reply to myself. that is what i was trying to get at with my question too. from the way i read it, it appears to be the bid price prior to the listing on nasdaq which to me feels like prior trading day not the day the application is submitted. hoping to have john reflect on some his other experiences.
small world. not sure think he made out pretty well with lwlg congrats to him and everyone else over there. hopeful we get some of that magic here.
THIS IS A HYPOTHETICAL I DONT MEAN TO STIR THE POT WITH MY QUESTION OR PROVIDE ANY BEAR FOOD. MY THOUGHTS ARE THAT THE SP WILL RISE ORGANICALLY AFTER THE NEW YEAR.
i was there with you for avita r/s can you remind me of timing and minimum share prices for up-listing to nasdaq. hypothetically speaking what if the company applies for nasdaq on March 31, 2022 (q1). it takes the nasdaq four to six weeks to review the application, which would push possible acceptance to april 28 to may 17. The regular bid price of shares of the company's stock at the time of listing must be at least $4.00. given my hypothetical poet would potentially have up to late april/early may to get minimum bid price to $4 on the prior trading day right?
thanks for sharing John. i havent had time to go through and compare to previous slide decks. anything stick out to you?
also buying this picked up some yesterday and today.
agreed even if they are delayed into q1 or q2 of next year i dont think there is a rush to get on the nasdaq. piggy backing off john i hope q2 is the time to see some real momentum. also in reagrds to rkf's post i am all for tax season the people that bought in at a dollar a few months ago that want to sell for losses i will gladly scoop more shares up if that happens.
hi proto and john, haven't posted in a while hope all is well. i havent paid much attention to the stock price over the last few months, but these levels are perfect buying opportunities just scooped some more up today. i was scanning through the board to catch up on news and opinions. the references to a r/s is it all speculation based on the potential move to nasdaq? i dont imagine suresh and team making that type of move before some big milestones to announce. the o/s in my opinion is relatively small that some big milestones/announcements if met in the next couple quarters can get the share price to the levels necessary for listing without a r/s just my two cents.
i appreciate the time proto, keep up the great posts. i will do some more research on my own, aka "photonics and optics for dummies" google searches hahaha. from what i have gathered it is safe for me to assume that both companies have protected patents for technology that will revolutionize their industry.
proto I appreciate all your input. i have read some of your posts on lightwave which drew me here. i look for stocks that have the potential to revolution current standards of practices. i do my dd (financials, cash flows, equity raises, management team, board) but in terms of understanding the actual product and science with poet i am lost. i dont know a thing about photonics with that being said would you be able to breakdown POET's technology in a little more lehman's terms and if you can draw comparisons to lightwave i would appreciate any input.
Definitely waiting for the dust to settle. Just watching all the action on stocktwits is crazy, it is quite comical if you need a break. Once all those momo day traders move on to their next stock this will lay some nice floors before another leg up, hopefully $18 then beyond. One of my favorite comments I saw on twits today: "Go get em guys, I'm waving from earth." To infinity and beyond....
Congrats everyone!! Much more to come, thank you tdeck for all the work you have done. I can picture the left handed cigarette and coffee now as you monitor the tape...
T, can you explain this in further detail from the 8-K:
"With respect to any person or group of affiliated or associated persons that beneficially owns 15% or more of the outstanding shares of Common Stock prior to the issuance of the press release announcing the adoption of the Rights Agreement, such person or group of affiliated or associated persons will become an “Acquiring Person” only after becoming the beneficial owner of any additional shares of Common Stock, subject to certain exceptions."
My understanding is that C.R. would be unable to purchase anymore shares, w/o triggering the right. Of course they end that statement with "subject to certain exceptions," by adding the little blurb it just leaves me a little confused. Is the pill something that is automatically triggered or a board discretion thing? I have been averaging down since you put me on this stock, I appreciate all your work and look forward to the gains. Today's announcement was great news, I just need some clarification on what this means for C.R.
Look I don't condone that type of behavior. But gloating and calling out someone, when they can't even respond is just as low-level as the PM messages you were receiving. Please stop acting like you are the morally righteous guy here.
The addition of almost 800 new SKUs is great news. I was worried that some old skus had that last XXXL that wasn't selling which wouldn't equate to new money. But when they are adding that much to the site all I see is new $$$$.
Thanks for the SKU updates T, I really appreciate the work. I know you just started monitoring the daily SKU count, but have you been keeping track in an excel sheet or somewhere other then posting here? I think the data could be very beneficial once you have built up a pretty good sample size. Also how do you monitor SKUs are you checking periodically throughout the day? Have you you noticed any trend when FRAN is adding new items or is it sporadic?
What a great week for buying Avita!! Sold my last bit of AMD to fuel my little buying spree. Picked up 500 today at $4.78, 250 yesterday at $5.05, and some last Friday at $5.90. Anything under $6.00 is great entry as we head towards the end of 2019.
Hey harkmi got your PM, I am reluctant to pay for the ability to send PM's. Maybe you can convince me otherwise, I just don't see the value?! Do you use any other PMs, reddit/whatsapp?
I am definitely joining the party, especially when T compares something to Avita. Tdeck your posts have always been reassuring, going back a few years whether it was here or hotcopper your "left handed cigarette" posts kept my spirits up.
I've read your DD and done my own, happy to join the ride. I am 25, my first job was working inventory at my local Nordstrom. FRAN's products look like they could easily slot into Nordy's TBD or BP departments, which says a lot. FRAN seems to have a competitive advantage in terms of pricing, but this does beg the question of quality. Below are two links, one is a FRAN romper and the other is a very similar looking dress from Free People (ticker: URBN):
https://www.francescas.com/product/carmen-floral-romper.do?sortby=ourPicks&refType=&from=fn&ecList=7&ecCategory=100122
https://www.freepeople.com/shop/like-a-lady-printed-mini-dress2/?category=dresses&color=080
I will have to take a field trip to a FRANs to get my hands on the product, but I highly doubt there is a major difference in quality. Hell all this stuff is made in China.
I asked some girl friends what they knew about FRAN and they didn't know much, but their style and FRAN's products are complete opposites. So it doesn't say much. Based off the videos you have shared and some homework I did, I feel like FRANs majority customers fall into two categories; teenage girls 14-18 wanting to look older and women in their 30s and early 40s trying to look younger. Which are two perfect groups the latter will borrow dad's credit cards, while the women are likely established and can afford more. Girls my age are confused, they tend to focus to much on brand recognition and would rather pay more on a similar product even though they live paycheck to paycheck. Smarter girls my age likely shop there, but I don't think they make up a majority. Just my two cents.
Keep on posting T! GLTA
Don't worry T, there are some longs here and on hotcopper that have appreciated all your posts for the last couple years! Keep it up especially with new holders coming on board.
Half yearly report ending 12/31 just came out you can find it on hotcopper or asx website. Some highlights:
-41 of the 134 burn centers in the U.S. have been trained and certified in the use of the RECELL System.
-19 of these centers have already purchased the product.
-10 Abstracts have been accepted for this years American Burn Association Conference (biggest burn conference in North America), including a plenary abstract.
-Avita is filing for approval to market in Japan.
-Commenced 2nd clinical trial in pediatric burns.
3Stacks' last post on 12/26/2018 Avita share price, $1.13 share price today, $1.70. Starting to feel the pressure squeezing in around you, stackz?
thanks for the response. based off your last post I assumed it was some big conference that would have had some media coverage/press and I was unsuccessful in googling. I look for devices like this, currently a shareholder in another medical device company that has some revolutionary tech in treating burns and they were just granted FDA approval. They filed a PMA with the FDA that took about 1 year to be approved. Based off my research I agree with you about the product/technology being a game changer, still think it is to early for entry based off experience elsewhere. I will continue to monitor this forum it seems like posts have slowed down, keep up the posts! BOL Longs!
The disclaimer I quoted was from the July 2018 quarterly report. Which was before approval, every quarter prior to that has the exact same disclaimer I previously quoted. The October 31's disclaimer was worded a little different because it is post approval.
Cre8tivmynd if you are referring to this "disclaimer":
Future cash requirement will be dependent upon the success of AVITA Medical’s efforts to commercialize the RECELL System, particularly in the U.S., and the timing and magnitude of clinical and other research and development programs the Company elects to undertake to expand its product pipeline. Until such time that the Company generates sufficient cash flow from operations, it expects to fund its future cash requirements
through a combination of current cash resources, issuance of shares and potentially debt financing.
That paragraph has been used on EVERY quarterly cash flow report since I have been a shareholder (over three years ago). It is obvious the statement is strictly a risk management/liability control management puts into the report to cover their butts, IF there is ever a need to raise capital. Management said they have already had purchase orders, I would wait until we see real numbers next quarter, doubt they would do a raise before that.
do you mind expanding on the conference you attended. who put it on? was it exclusive to CVR or was it a large medical device conference? Did not see any press releases or news about it, just curious. TY
I use Ally, formerly TradeKing. I am young so when I started I looked for the cheapest fee which was $4.95 a trade for NYSE & NASDAQ, they really screwed me when I started buying AVMXY. The fees for OTC are rolling depending on the size of the order I have paid anywhere from 7.95 - 21.95 per trade on Ally. Thanks for the valuable info!
On a side note the new hotcopper website is really lame! I have not been paying as much attention to it. I looked today and people were talking about .06 cents a share in AUS soon. What are all these aussies talking about?!?! A lot more moderated content too. Could not see one of your comments, I assume you were calling out TeddyWard. You called it, that Avita was already receiving buy orders prior to final labeling from the burn hospitals with experience. Everyone in AUS turns any announcement negative. Have always agreed with your posts there whether opinion based on experience and/or fact.
Hey T, I read through some of your tweets regarding AVMXY. What brokerage account do you use and how are the fees? Buying in batches of 1k for me on ally would run $14.95 a batch, trying to get an idea of what the fees are on other sites for OTC stocks like Avita. TY.
Another local paper writing about the approval of Avita. This paper is in Ventura where the manufacturing plant is. I sent an email to The Signal, a local paper, in Valencia, CA where Avita is currently headquartered to try and get something written about the approval. I discovered Avita through some articles published in the Signal back in 2016 and 2017.
https://www.vcstar.com/story/news/local/communities/ventura/2018/10/03/recell-approved-fda-ventura-made-burn-treatment/1449404002/
Care to elaborate on what you think is a "complete lack of due diligence" regarding Avita and dilution? Or because someone posted about dilution, reverse splits, and some nonsense, you now think there is a potential problem. I don't mean to be sarcastic, but that comment about reverse splits, is kind of ridiculous.
T, I appreciate all your posts here and on hotcopper. Your insight, knowledge, and opinion is refreshing to hear. The aussie board has been pretty frustrated for the last year, nitpicking at everything. Management consistently adheres to the ASX rules and has released news to them first. Now they are mad that management, isn't following the RCAR route and pumping the news to all the websites. I admire their approach, saving that money and time on getting the sales up and running and let the technology do the talking. On top of that, the biggest hurdle for the company is now in the rear view, risk is the lowest it has ever been.
It is amazing to see all the MMs come out after the approval, a couple were on the yahoo board. Just trying to make a quick buck or drive the price lower for new entry points. Your comments has made it very easy for me to find out who those people are.
I advise everyone to do their own DD. The only thing, in my opinion, that could bring Avita down would be a superior technology with a competitive advantage. I have not been able to find one, Recell is the first product in the last 2 decades to be approved by the FDA to treat burns. They are the first to market and should completely replace the current standard of care, grafting. Or at the very least be used in conjunction with every grafting procedure to minimize donor sites.
In my opinion, it is completely unethical to treat a burn patient without using recell. The next year will be a fun ride. GLTA
evenkeel from that slide it is obvious that the company is already estimating they would only be able to penetrate about 24% of the estimated inpatient market. What I don't know is if those numbers are just patients over 18 or included pediatrics. So you may be correct to assume penetration may be even less. Your comments are very conservative which is understandable. I feel the bigger catalysts would be additional government contracts. They would be paying far less for recell but buying a lot more. Tdeck has mentioned government contracts a lot which may be a little speculative, but I agree with him. Having BARDA backing them is already a huge deal the company is plugged with the US government. The future is very bright.
Closer to $2.50. Still really good news, we should see $2.00 soon. I have been loading up because the days of buying below $2.00 will be behind us very soon.
Congratulations everyone. Enjoy your steaks tonight!
tdeck you short COOL too?
thanks for some additional insight. unfortunately my lower bid was not filled, will try again tomorrow.