Organovo Holdings, Inc. (ONVO)

[Wildbilly]

Speculative 3D Printing Related Play #1: Organovo Holdings Inc

ONVO has had an impressive run over the past couple of weeks. This stock was alerted by Timothy Sykes of Pennystocking Silver in the low $2's, shortly before its multi-day run up to nearly $4, and many other traders were also expecting a run-up in the near future. This was sent to Tim's subscribers on the 24th December:

"ONVO I had to buy at 2.15 because 3d printing leaders DDD and SSYS just keep going and one day, ONVO will also spike... it's just a matter of time so I want to be there invested and ready to sell into any big spike."

Organovo Holdings is focused on utilizing 3D printing to generate human tissues that can be used for research purposes or treatment. According to their investor page, ONVO is the first stock to have three dimensional tissue technologies. Their latest 10Q was on November 14th, 2012, when for the nine months ended September 30th 2012, revenues were $848,213 and loss from operations was $6,396,501. As of September 30th 2012, the company had an accumulated deficit of approximately $40,679,200.


http://seekingalpha.com/article/1118871-3-exciting-3d-printing-related-stocks