InvestorsHub Logo
icon url

PEACHMAN

04/09/20 12:18 PM

#34315 RE: Tippietoes #34312

I had a PRED DREAM TOO

Wouldn't it be nice if Pence,Cuomo,DR Fauci,President Trump, or CNBC gives PRED national attention with a good housekeeping seal or approval and announce PRED as the gold standard for anti body tests along with FDA approvals and unlimited supply of kits available.

I have no inside info,...just dreams that 1 million kits ordered is just the tip of the iceberg.

One can dream that management has a plan to crush every short and send them where they belong.

OH yeah Good Friday tomorrow.. Just hurt the shorts severely... do not kill them..

Then I woke up!

PRED STRONG

icon url

lssfinancenews

04/09/20 1:17 PM

#34334 RE: Tippietoes #34312

what a fantastic PR! love the part about random testing and holding our manufacturer to highest quality standards
icon url

BeechBaum

04/09/20 2:58 PM

#34369 RE: Tippietoes #34312

Actually that is a nightmare. Wholesaling to distributor you never disclose prices to public, it steps on distributor toes sales wise. You don't want the end buyer to have that info, leads to protracted sales cycles as end buyers want price closer to cost.

And they will not be paid immediately, best terms they could get would be 10% up front, net 30 days. And they are unlikely to get that, perhaps 5% net 60. Often bulk sellers will take purchase order to lender who specializes in these deals and finance. Same will go for their payment to Chinese maker.

One of the other sellers of product demanded immediate payment from government and hospitals. Was told to get lost.

Wish you guys would cut back on the short silliness, if there were really a strong short play here volume would be much higher and price much lower, this is just normal consolidation.

I used to have computer/printer parts based wholesale business, sold it 15 years ago.