The patterns of large run ups and retreats is astounding... this is the result of being a development stage company with limited revenues and a moderately long horizon for diagnostic technology to reach marketability...
This accelerated diagnostic tool is a "razor and razor blade product model"... device may sale for $50K... the specimen cartridges may sale for $150... every hospital with an ICU, CCU and Surgical center will likely buy the device for better patient outcomes for hospital related infections which are one of the highest mortalities in US hospitals... and obviously large cost due to lawsuits... so every Hospital Board (risk management) will want to spend the cost to have this accelerated diagnostic tool in their facilities...
Another important factor to monitor in 2014... AXDX was added to Russell 2000 index in June 2013 and subsequently market value exceeded $1B and was removed as of June 2014... it is highly likely that as of June 2014 AXDX will still be under $1B market value... and will be re-added to Russell 2000 index... this creates demand for shares as the Russell 2000 index through funds that access this index account for Trillions of dollars of assets...
As you see AXDX is in retreat... which is consistent with prior pattern actions... I start tracking closely in the 16s... I start buying in the 15s... it could go lower if the general market conditions go south... regardless... it has popped to over 30s twice in 2014... this stock loves Octobers... look at patterns over past three years...
This is a nice stock to buy low and sale high... and repeat... I gain lots of comfort from the fact that once the accelerated diagnostic tool achieves marketability... the North American Market for this product is over $1B for the device... more for the ongoing specimen cartridges annuity stream... the International Market for this product is over $1.5B... that is a healthy market to start selling to...
I believe the target PPS for 2nd Quarter 2016 might be conservatively $40 to $60 PPS... so this is a great LONG buy and HOLD stock as well...
Great management team that has been successful repeatedly in this sector with other companies such as Ventana and Stericycle... do some diligence and take a chance...
GOOD LUCK TO ALL IN 2015!!!
Recent AXDX News
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 05/10/2024 09:24:31 PM
- Accelerate Diagnostics Reports Preliminary First Quarter 2024 Financial Results • PR Newswire (US) • 05/08/2024 08:42:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 08:31:25 PM
- Accelerate Diagnostics Scheduled Call to Review 2024 First Quarter Results. • PR Newswire (US) • 05/02/2024 01:30:00 PM
- Accelerate Diagnostics Reports Fourth Quarter and Full-Year 2023 Financial Results • PR Newswire (US) • 03/28/2024 08:05:00 PM
- Accelerate Diagnostics Scheduled Call to Review 2023 Fourth Quarter and Full Year Results. • PR Newswire (US) • 03/07/2024 02:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 12:32:29 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 12:31:36 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 12:30:20 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 09:45:17 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 03/05/2024 08:59:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/27/2024 11:59:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/02/2024 09:48:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/25/2024 09:12:05 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/25/2024 09:11:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/25/2024 09:11:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/25/2024 09:11:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/25/2024 09:10:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/25/2024 09:10:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/25/2024 09:10:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/25/2024 02:20:45 AM
- Form 424B1 - Prospectus [Rule 424(b)(1)] • Edgar (US Regulatory) • 01/23/2024 02:59:53 AM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 01/22/2024 05:15:17 AM
- Accelerate Diagnostics Announces Pricing of Approximately $15 Million Public Offering and Private Placement • PR Newswire (US) • 01/19/2024 02:20:00 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 01/18/2024 12:19:47 PM
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