Ekso Bionics Holdings Inc (EKSO)

[skepticone]

While I am very happy with the Ford testing news and the jump in share price I am still not convinced that this move will hold. We have not heard anything about actual sales or contracts and the fact that EKSO is sitting in overbought territory is telling me there will be a fade in PPS. Just remember, back in June of 2016 BMW announce that they were trying the Ekso Vest on 30 employees in their plant and they said this in the release

"currently, the trial for the Ekso Vest is only in BMW’s Spartanburg plant but if the trial is successful, the Bavarian brand could incorporate the vest into BMW’s other plants as well. The idea is to improve safety and body strain, creating a more relaxed and comfortable working environment which should not only improve production time but also employee satisfaction."

We still have not heard of any sales from that.