ORIONS Money Stocks

[Lady-baron]

RGDX GREAT information in the PR this morning that does not justify this drop.

Fourth quarter revenues growing by more than 25% over the third quarter and our gross margin increasing to 48%, all while we were investing in new marketing and sales initiatives and infrastructure for expected growth,"

Mr. Bologna added, "We are optimistic and expect our first quarter and full year 2014 ResponseDX unit volume to increase nicely as a result of the initiatives we took in 2013, including our TC/PC program and the introduction of several new tests, but that is just part of our reason for optimism. We are particularly excited about our ResponseDX: Tissue of OriginTM test which we recently launched. We acquired that test when we purchased the assets of Pathwork Diagnostics in August of last year. The expansion of our Los Angeles facility to accommodate that purchase has been completed and today we have the test set-up and running. Additionally, in February our sales team was trained on the ResponseDX: Tissue of OriginTM test and today we are actively selling the test and processing orders."