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hayfarmer

04/01/22 2:50 PM

#1316 RE: Lazerking40 #1315

They claim the machines they have installed are doing more procedures than they estimated so I'm not so sure the insurance coverage is the issue. To me the company has failed to get enough installations done. They blame covid and certainly that had an impact. Whatever the reason, the stock will continue to languish imo until they start getting lots of machines installed and in operation. They have missed virtually every estimate made on installations. I have to listen to the last conf call in full but I think one analyst wrote afterward they now predict 40 by the end of this year. That would be great but so far these installations are not showing up on their website.

I am still convinced they have the best solution though so while I sold half a while back I plan to hold the rest as of now and hope for better execution by the company.