Conformis Inc (CFMS)

[Striker7]

I would have thought the same looking at the stock price. I think they did way too much talk about it being a low growth/ no growth transition year and lost their support. When Millennium bailed on the stock back i December - dropping their 5 million shares it made bad get worse.

Bad news is the stock price sucks.

The good news is CFMS is funded for at least next 18 months, growth is coming. We should see signs of that this next week.

The offering was a result of institutions constantly telling them they needed more cash on the balance sheet for them to invest. So they did they did the offering. We all figured they would do an offering but the discount to mkt when the stock was already at an all time low really messed the stock up.

The product is 'that' good. My sources say it is the best outcome on the market bar none. The question is can the salesforce be built with the right folks fast enough.

The hip will be out later this year on a limited basis - probably be limited for 12-18 months as they bring results in to build a profile so docs will get on board.

Huge opportunity in a very competitive space....leads me to believe you will see a partner come on board to create instant distribution once the innovation phase is complete.