Replies to post #16974 on The Rising Influence of Rising Affluence

[semi_infinite]

HAIR - Along the same thoughts, ie spending money to look good or just to maintain looks. HAIR is doing secondary and the stock tanks. I added some. MC was around 100M (including warrants and incentive stock) and it looks like it will remain around the same MC post offering. Too low IMO. Company is having a hard time with sales because of the upgrade of robot from harvest only to harvest + implant so system sales have been down trending for 2Qs. New system release is Sept so it should pick back up. Not sure what the upgrade package looks like for docs with the early version system. Reminds me of ALGN except that ALGN faced a different problem with ex-employee running off to Pakistan and infringing with exact copy (took a while to resolve). HAIR's competition will be manual for a while.

http://secfilings.nasdaq.com/filingFrameset.asp?FilingID=12895971&RcvdDate=8/6/2018&CoName=RESTORATION%20ROBOTICS%2C%20INC.&FormType=S-1&View=html

[DewDiligence]

RVNC update based on AGN's CC today:

Today's $AGN webcast had little new info other than the acquisition of Bonti, whose ultra-short-acting product candidate is unrelated to anything $RVNC is doing.

All told, my thesis for being long $RVNC — laid out in the pinned tweet on my profile page — has not changed at all. https://t.co/B1ILcre0yS

— Roy Friedman (@DewDiligence) September 14, 2018

A link to AGN's webcast slides is in the tweet embedded in the tweet referenced above. Many of the CC slides pertain to the enormous pent-up demand for aesthetic medicine in emerging markets.