InvestorsHub Logo
Followers 24
Posts 1743
Boards Moderated 1
Alias Born 03/16/2015

Re: FranktheTanker post# 57

Monday, 05/04/2015 3:03:21 PM

Monday, May 04, 2015 3:03:21 PM

Post# of 32393
I don't think you know this space as well as you think. I am sure there won't be any large orders, like Playstation or XBOX, even though both of those products were sold at retail losses for 3 years in a row when they first came out. If you are waiting for a large order, you need to move on to another stock. This product is a niche item. Many of my friends who own pain clinics bought a handful and have reordered. Big orders do not translate into consumer acceptance. It just means the company has a big order. As the medical community starts to embrace the technology, it is more important to see where these safes are going, than the sheer number of sales. Its going to be a long path but as a medical professional, the technology, and the submarkets it serves are very much in need to prevent drug diversion, drug access control and drug abuse.

I suggest if this is a potential stock play for you, to please leave and never return. The CEO is building a foundation at several different levels and I am confident as she builds the business, it will be reflected in the stock price. The only thing announcing a big order can do is a huge pump and dump, and if you ever spoke with her, you will quickly learn she will avoid that at all costs. Like I said early on, slow and steady wins this race.

Join the InvestorsHub Community

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.