Not a single person is up this stock, not one on this MB, and this does not take into account the hundreds of dead bodies long since gone. those here are(with a couple exceptions) thoroughly bad investors, based on their establlished records.
It is better to be with a group of smart investors, not really horrible ones. Doesn't this make a little sense, or no? Perhaps it is better to be with bad investors?
They hang on due to the concept that when approved, the device will be worth a billion dollars, something like that. This is a ridiculous speculation. this is not a new field whatsoever. In fact, many devices, once approved, will plummet the stock downward. I gave an example of that, ARTH.
We saw an up close and real example of that, when everybody, managment included, said design freeze would catapult this stock higher, and I said, says who? This was an internal thingie, that they hyped people into believing. When a biotech announces they have a new single molecule drug, ready to move into phase one testing, this does not catapult the stock higher...............and tmdi's news release was deceptive, it was a ratcheded back "hardware design freeze," which to me leaves all sorts of questions open, including management cred.
The bear case here is overwhelming. Let's see what happens after the dilution. Let's see where the stock goes as this should crush a lot of the people hanging on here, by a thread. See you at 35 cents to 50 cents in about a year from now. In the meantime, they give out options and reprice their own like lollipops and whatnot. Why is this? They are a cash starved company of desperados and people who in another day, hit it big....
But that is not statistically significant, from a predictive viewpoint. One time? Yea, the philly eagles beat the NY giants 7 years ago, 4X in a row. but so what, it is not predictive of the current teams and players and management.
This is all they know. If people here have a healthy chunk of their retirement in this, like HC, I strongly urge you to dramatically scale back. You can always make it back in other things. The manager here is corrupt, there is not other way to look at it. Heavens knows how bad the guy before him was, i shudder, but remember, most of these people "trade on a name," as we say in boxing. They use their name etc, and the power of these little shell companies to print and print and wheel and deal, and this once in a while makes sense, but the company is facing ISRG, for starters. The hope of selling to somebody big is the very worst possible thing to own any stock for. Everybody with a brain agrees, but you retirees. please sell.
If the company does not do a raise for at least 35 million, you should immediately sell it. If for 50, you should hold.
AI
