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Monday, March 30, 2020 4:44:19 PM
Feel free to call Dablood yourself though. The number posted on their website just rings and rings for me. Even if you can't speak Chinese just see if anyone ever picks up the phone. That would be progress.
I am not here to give stock buying advice, just trying to verify or refute what PRED says.
I would really love to know who will PRED give the money to ? Why aren't Daan doing this deal directly ? What does the actual kit look like ? (because the pics show a DIFFERENT testing method to what Daan got approved for). How can Dablood do 1.5 million per day ? Who sold 38 million kits already Dablood or Daan ? Why did one news article say that 10 million were sold between ALL suppliers in Guangzhou (ALL the huge companies sales figures COMBINED) ? If all these suppliers are complaining of inability to get raw materials, then 1.5 million per day capability means nothing. You can only produce as fast as the materials come in the door. Even if you have sales and orders, no materials means no net profit.
There's still too many holes here for me personally to make any decision to invest or short. Everyone should do their own due diligence.
Another thing, just from a spitball point of view, is Abbot. Looks to me like they are way ahead of the game. Seems to me they might be able to roll out their tests really fast. So another thing to consider is who is gonna get there first ? Once someone has been tested and confirmed to have the virus they are no longer a potential customer correct ?
Potential customers are those who haven't been infected yet. Theoretically testing negative means you probably will test again. So all the negative testers are fair game and potential clients for the kits. But when you look at the worldwide numbers of confirmed cases going up, everyday that PRED doesn't have kits in stock ready to ship/sell that's lost sales. So they might be a bit late to the party.
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