Looks like stopping the bleeding is all it will do. 50 vests; although better than nothing, is not a lot. Need many more sales to really move the needle. It does show progress but not profitability. When that comes, so will the jump in PPS. Again, it is a pilot/pilot expansion program, not fully adopting the device use and not mass orders. (YET, hopefully!)
Looking for the Sellers...Didn't someone post some stock was freed up in either Oct. or Nov. that was part of some old investment banking they did. Could be if it's cheap shares They could be getting liquid.
I don't dwell much on the sellers, but it is prudent to keep track of the float and Institutions ownership. If some shares coming out say from Pursuance, then they are selling and sticking to there discipline, that's ok. Now if they believe in the space and EKSO they would keep a big chunk for the 8-10 this could see if EKSO executes.
Could there be 1 or 2 smart money managers or yes even a hedgy that's adding down here?
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