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Re: skepticone post# 1289

Friday, 02/12/2016 10:18:34 AM

Friday, February 12, 2016 10:18:34 AM

Post# of 6602
Exactly. I just bought 933 more shares @ 78 cents this morning. This brings me to 9000 shares at averaged at .9399 cost basis per share. I wish I could bury my head in the ground and check on it in 3 years. I truly believe Exoskeletons are going to be a big revolution after 3d printing, Tesla, and Solar.

I would consider this my most risky investment in that it's the largest position I've ever had in a single stock (besides mutual fund shares). That being said, I'm actually confident because of all the factors that hedge my risk.

For one, Opportunity Cost:
I used to have 75 grand plus in Franklin Templeton mutual funds. I recently withdrew all I had left when Franklin Templeton stock was (I think it was 48 or 50 at the time) - now it is down to $32

Two, Charity
SoldierStrong is still going to buy another 69 ekso gt's over the next couple years (11 bought so far) This prevents Ekso's sales from slumping too hard. If you don't think SoldierStrong can raise the roughly 12 million to buy all these suits, you should take a look at their board of advisors and corporate partners. SoldierStrong received a Presidential Call To Service Award too.

Three
Grants. Ekso doesn't have to borrow that much money (selling stock) if they aren't the ones paying. I think EKSO has done a terrific job at securing government grants to pay for data that will help support their product




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