ReWalk Robotics Ltd (RWLK)

[I-Man]

Very good earnings report and call yesterday ! IMHO this is the new low and support (3.50 area) and only goes higher into multiples from here by end of June... If all goes as they expect, especially with Cigna/BCBC involved, you will see this back to its 33.00+ range previously especially if CNBC starts to highlight them...

Note to I-Hub folks or others here watching this, My brokerage yesterday said "hardly any shares available out there to purchase".. I heard this before from them, what or why do you think they say this??? Tried to get a positional order filled, took 12 times and yet still 8 shares short of my total order !!


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SEC 8-K

"We believe that 2019 will become a turning point for ReWalk due to SCI reimbursement expansion and our entry into the stroke rehab market place. Europe continues to demonstrate positive signs of increased acceptance for our SCI Personal 6.0 device, and the recent U.S. activities show the same trend. All activities for the ReStore exo-suit including regulatory clearance, successful production and launch in the Unites States and Europe are on track with our plan. We have strengthened our balance sheet with the April round and the Company remains committed to reducing its operating expenses by more than 10% in 2019" stated Larry Jasinski, Chief Executive Officer of ReWalk.