I do not want to call where the bottom is but its
Post# of 7769
Posted On: 04/14/2015 6:53:51 PM
I do not want to call where the bottom is but its a lot closer at .08 vs .22 that's for sure.We did indeed take a big hit with CVS there is no denying that .17 to .11. and .11 to .06 in my strong opinion was a disgruntled seller who have had to have big size. The upside to that seller of 7m is we don't have to deal with that person hopefully for a long time.
I am not thrilled we are at this level of .0865 but it's where were at at currently. There are some negative things that have happened and most are behind us. What I am encouraged by most of this volume the last 6 days is brand new buyers as the .08 to .09 is getting soaked which is a great sign. Its new blood coming in. I do know some good buyers .07 to .085 and they are looking for some data to buy more. Some put on a decent position the last 6 days and are waiting to read the 10k and to see if and when we close a pharmacy deal. We have been done this road before with no revenues, no $$$, and a ton of notes 39 to be exact. So the good thing about .08 to .09 this time it's a lot cleaner and the road back up will be easier when we show the market we are executing again.
Remember this is a penny stock with a lot of potential and it does not have to be nearly perfect. I would like to see an improvement in our monthly compound #s. My expectations are far lower now given the loss of CVS. To offset this it would be an enormous life to secure a pharmacy and go from 7 states to 40 states. No question this will help a great deal. However, it will take time if and when we close on it as we will have to train people. I tend to agree that this will be a 2nd half story late into q3. I am interested to see how Pimd does the next quarter as well.They are doubling their states 14 to 28 so that should help quite a bit. The diabetic program is growing and now has 1000 enrollments thats a good sign. The dispensing program we will have to see when that rolls out. My eyes are specifically on our crown jewel Main Ave as I would like to see an improvement from what we did last month as I will be watching very closely.
risk/reward looks pretty good especially if business starts to turn back up. I believe #s this month are important to the equation.
I am not thrilled we are at this level of .0865 but it's where were at at currently. There are some negative things that have happened and most are behind us. What I am encouraged by most of this volume the last 6 days is brand new buyers as the .08 to .09 is getting soaked which is a great sign. Its new blood coming in. I do know some good buyers .07 to .085 and they are looking for some data to buy more. Some put on a decent position the last 6 days and are waiting to read the 10k and to see if and when we close a pharmacy deal. We have been done this road before with no revenues, no $$$, and a ton of notes 39 to be exact. So the good thing about .08 to .09 this time it's a lot cleaner and the road back up will be easier when we show the market we are executing again.
Remember this is a penny stock with a lot of potential and it does not have to be nearly perfect. I would like to see an improvement in our monthly compound #s. My expectations are far lower now given the loss of CVS. To offset this it would be an enormous life to secure a pharmacy and go from 7 states to 40 states. No question this will help a great deal. However, it will take time if and when we close on it as we will have to train people. I tend to agree that this will be a 2nd half story late into q3. I am interested to see how Pimd does the next quarter as well.They are doubling their states 14 to 28 so that should help quite a bit. The diabetic program is growing and now has 1000 enrollments thats a good sign. The dispensing program we will have to see when that rolls out. My eyes are specifically on our crown jewel Main Ave as I would like to see an improvement from what we did last month as I will be watching very closely.
risk/reward looks pretty good especially if business starts to turn back up. I believe #s this month are important to the equation.
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