« First « Previous Comments 18 - 55 of 55 Search these comments
Thanks for sharing Mell. If one is looking for an entry point, today is about as good as it gets. Yeah, one maybe able to squeeze another 10-15 cents to the downside for the bragging rights, but this is a good entry point. I'm going to trust you on your research and buy 2,000 shares today. IF it goes up 10 folds in the coming years, I'll be happy. If it goes to zero, it'll be a tax write-off. $8.5k is something I can afford to lose without losing sleep over it.
Good luck to both of us. ;)
Mell,
I did some research on the company over the weekend and didn't like what I saw so I exited my position at break even this morning. The company did an 8:1 reversed split in 2010 and another 20:1 reversed split in 2013. The company hasn't made any money since 1997. That's 20 years. At this burning rate, the company will run out of cash by the middle of next year. I've never liked companies that had to do reversed splits. I wish you the best of luck.
E-man saysMell,
I did some research on the company over the weekend and didn't like what I saw so I exited my position at break even this morning. The company did an 8:1 reversed split in 2010 and another 20:1 reversed split in 2013. The company hasn't made any money since 1997. That's 20 years. At this burning rate, the company will run out of cash by the middle of next year. I've never liked companies that had to do reversed splits. I wish you the best of luck.
The reverse split/ticker change and poor past performance are points I cannot argue against. The changed mgmt and focus though since the ASTM days and have strong revenue growth. With deferred revs Q4 could come in profitable and 2018 should yield 100MM revs at break even if not profitable with both MACI and Epicel growing. A 130MM market cap for a company with 100MM projected revs is extremely low. Many biotechs split a...
mell saysE-man saysMell,
I did some research on the company over the weekend and didn't like what I saw so I exited my position at break even this morning. The company did an 8:1 reversed split in 2010 and another 20:1 reversed split in 2013. The company hasn't made any money since 1997. That's 20 years. At this burning rate, the company will run out of cash by the middle of next year. I've never liked companies that had to do reversed splits. I wish you the best of luck.
The reverse split/ticker change and poor past performance are points I cannot argue against. The changed mgmt and focus though since the ASTM days and have strong revenue growth. With deferred revs Q4 could come in profitable and 2018 should yield 100MM revs at break even if not profitable with both MACI and Epicel growing. A 130MM ...
@E-man climbing fast but it's not too late to get back in ;)
@E-man they had a very bullish investor conference yesterday. No competition on the horizon for years. Should reconsider ;)
mell says@E-man they had a very bullish investor conference yesterday. No competition on the horizon for years. Should reconsider ;)
C'mon @E-Man, last chance for sub-$5 :)
Both ARRY and VCEL hitting close highs today. VCEL is going to $10+ in 2018.
VCEL at 2:15 mark: http://abc7news.com/health/life-saving-innovations-on-display-at-jp-morgan-healthcare-conference/2915266/
mell saysVCEL at 2:15 mark: http://abc7news.com/health/life-saving-innovations-on-display-at-jp-morgan-healthcare-conference/2915266/
VCEL hit 6.35 today, going for a triple. Stil a $10+ stock in the making. ARRY aiming at $14.
Did you see this
https://www.washingtonpost.com/news/to-your-health/wp/2018/01/24/marijuana-based-anti-seizure-drug-may-hit-u-s-market-in-2018-after-strong-study-results/?utm_term=.7dd564b9fc42
Potential for rescheduling right there, if FDA rules that there is medical use, in the current climate. With some months of sales data in Colorado and Nevada etc. And tax data and sll these instances proving cannabis the cure for the Opiod epidemic.
NJ racing towards rec MJ
VT legislation outright decriminalizing on their own recognizance
Republicans are in charge of the entire government. They need to quit pissing around and reschedule so we can get in the game before Canada locks down the global market.
OK, I placed a limit order for 1200 shares of VCEL at $8.20. Will probably execute tomorrow.
It goes against my rules of buying only stocks with good p/e and paying a dividend. Purely a momentum play. Also, I know mell and think he probably knows what he's doing.
You can now make 8.20 - 2.50 = $5.70 off of me, lol!
Meh, I'm willing to wait quite a while. Whole market is down today so far.
Blowout earnings for VCEL.
mell saysBlowout earnings for VCEL.
Good call. I didn't invest in it, but seriously thanks for posting about it. Many here talk a big game but don't give details on what they're doing for fear of being called out if it goes south. Or they simply aren't invested and haven't researched a thing so they just talk out their ass. I can't talk about users, but in the past we've had some good picks as well that we no longer get. I miss that.
So keep up with the suggestions as long as you're not trying to pump and dump us ;) Might throw something at it next time. I wish I could return the favor, but stock investment is just not my cup of tea and I don't like to post too much about things that I'm not better versed in. I make an effort not to talk out of my ass most of the time, except for when I have to go the bathroom.
Up 42% for the day after market close!
That is my best one-day percentage gain ever.
Maybe I'll sell half tomorrow to get some gain and still stay in the game.
Patrick saysUp 42% for the day after market close!
That is my best one-day percentage gain ever.
Maybe I'll sell half tomorrow to get some gain and still stay in the game.
Short-term def no a bad idea to take profits, likely not a long term concern though. I see this going to $15-$20 by EOY before it is fairly valued, then higher in 2019 if they stay on track.
« First « Previous Comments 18 - 55 of 55 Search these comments
#investing