Hyper, according to your first posting ever, almost a year to this day, you were a new investor in CYRX, so you have know understanding of the prior history behind the story, that the majority of people who read these boards do.
Where to begin.. The conference calls, please, anything that comes out of the mouths of management I would take with a grain of salt...Do you know how long the words hockey stick, cash flow positive and ramp up have been echoed over the years? I will throw in allogenic for good measure.. The name dropping, Bristol Myers, J&J for example, so what of it? Most of the time these CC’s were a way to secure capital from the retail crowd, IMO. Ask Stock Watch and Laser how much money they been throwing at this over the years, thinking this is it, finally.
Excessive option grants, a BOD with no skin in the game, if things are so great, you would think the board would risk a few bucks..
And I bet that under the current CEO, 80 million has been raised, and the company will barely break 5 million in sales for this quarter according to the analyst community..I’ll say it again, and you could laugh again, the Rob’s of the world and the analyst community got you to $12.00, prior to the indexing..
As far competitive threats, it’s always good to remain paranoid.. While the possibility is very favorable that NVS probably will renew their contract with CYRX, don’t ever under estimate your competition, where are Nokia and Motorola today? Investing in depots sound great, investing for growth, etc, but at .005 on commercial sales, the company could be in a hole for a while. 2-20million per commercial account, what year, 2030?
CYRX is a good company, will it ever have the aha moment, it’s possible.. But I have given up on that possibility..
Will CYRX stabilize their sales growth rate, I would take 60%-70% YoY and be very happy, and that’s all I expect from the company over the next several years.Eventually, some day, the company will break even as well.
As Rob has stated , CYRX and BLFS are lower risk ways of the playing industry.
Hyper, I love reading your posts, I think they are very detailed and well presented..I understand blockchain, but was not aware of mediledger and will delve into further, maybe a new investment opportunity will come out of it.
The more that I think about this ATM offering, and based upon my research, this could have real meaning.
