Biocept Inc (BIOCQ)

[Johnny_C]

I don't know about the CEO, but constant capital raises crush momentum of stock.

From Yahoo.

That makes 41 patents, solid IP. Oh and then there are the covid test kits, TMO buyout rumor, new lab, test kit production ramping to 2,000 a day at $100 per. This should be well over a dollar.

This is interesting because I have heard they are 24/7 so they must have figured out the supply chain issues they were having. If the above is true, and I am not sure it is, that would put revenue at $200,000 a day just from CoVid testing. I believe they are running 3 shifts. Even if they are doing half that volume it is $100,000 a day!

The next quarterly should be very interesting. Testing should be at capacity. Oncology tests should be back. What will be interesting is how much profit they actually make on testing, hopefully, they don't load expenses.

Speaking of raising capital, anyone find it interesting that the stock is down 40% after Maxim put a $2.00 target on the PPS.