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skepticone

05/17/16 12:11 AM

#1737 RE: berta #1736

@berta and DFH84...a little while ago I posted that we were once again testing resistance level and with good news like contract announcement and good earnings we should move up. While announcement of the sale of some industrial units was nice, the earnings weren't great, so no move to 8.00-10.00. I think a lot of people are worried about the spending and are impatient for the company to turn a profit. Like you both point out, this is a growing company and they must spend on R&D to get the best product to market. They have made moves on the marketing end to get sales progressing. I don't see any "red flags" that would indicate EKSO is in any trouble.
If you look at it's current PPS,(pre-split) it would be .94, we had seen that a few times when the stock reached the resistance level and slid back a bit. Once again, I am accumulating some funds for a possible addition to my position, should the price decline a bit more.