ReWalk Robotics Ltd (RWLK)

[skepticone]

Sorry to say, but I fully expected that (as you can read in my previous post)...I have been in this stock for a good while and this is typical. I have to laugh though at all the posts that came out yesterday (mostly on other boards) about the DD they have done and how the stock is going up from here (that was at $9.00). DD is not reading the latest headlines or last couple of days worth of message board posts. It also is not listening to Mr. Jasinski and his cheerleading interviews. All those geniuses will not tell you how they just got taken to the woodshed.
While the CE mark and FDA approval are both good news, this company will still need to raise more cash and dilute. The shorts realize that. Also, now there is no catalysts to look forward to. Any new product is way down the line. Good earnings is the only thing that can get this moving steadily upward, and I don't see that happing for several quarters.

People thought I was an idiot when I said CE and FDA would get us to $5 if we were lucky and no where near $10. I was talking about a sustained PPS not a one time day trader driven spike. The good news simply comes too slowly to keep up with all the offerings and dilution needed to stay afloat until they can actually start seeing revenue from the ReStore product.