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Seaheck1

08/11/19 2:34 PM

#91310 RE: uvaphd #91309

Well, considering that they have an approximate monthly burn rate of $100,000 and had to take a recent loan from Warbington, I’d say no. But the year isn’t over yet. Still over 4 months to go. This Q3 is almost half over already and until we get an update on how things are going recently, we will have no idea if we are still relying on the same handful of doctors to carry us higher or if they’ve been adding more as time goes by.
This is really the pivotal information we need to truly assess where we are right now.
Currently, we have been left by management to stand in a pitch black time warp room. When they finally open the blinds and we see some light, will there be positive change or no change=negative change?
That’s the gamble right now.
If you’re betting on positive change, then you’re holding and/or adding.
If you’re betting on no change/negative change, then you’ve either sold and are waiting for lower prices to come after the Q, you’re about to sell and wait for lower prices to buy back or you’re still holding and pissed.

That’s how I see it anyway.