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Re: CuzMoneyMatters post# 1656

Thursday, 05/05/2016 3:40:02 PM

Thursday, May 05, 2016 3:40:02 PM

Post# of 6604
It's because your account hasn't updated for the RS yet, just relax. lol

The idea is that if EKSO can successfully uplist to Nasdaq, they will attract institutional investors that otherwise would not be able to touch this stock. Although I am generally not in favor of RS, I tend to think that with this stock, management has the right idea. This is a real company, with a real product, and just received FDA approval for use in applications that no other device is approved for. Also, i'm not 100% sure, but I believe they have also made headway getting approved with insurance providers which is a big step towards more commonplace usage.

With some solid institutional buying, this stock could make some serious headway, or at the very least avoid the slow creep back to pre-RS levels.

Most OTC stocks that go through RS are just garbage companies with garbage offerings which is why they end up back at square one, just with a bunch of pissed off investors owning shares worth a fraction of the price.
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