Where we are so far... Not investment advice. Not
Post# of 1023
Posted On: 05/03/2016 11:46:01 AM
Where we are so far...
Not investment advice. Notice that said, 'NOT investment advice'.
Progress..
50 and 200MA lines are now even closer at only .0038 away from a Golden Cross. Remember not too long ago when they were .0045 away?
Of course, investors may say, "PROGRESS?? You call this PROGRESS? LOOK AT THE CHART!"
..well... no one is stopping you from selling your position, right? If the chart doesn't please you.. sell and move on. This post is my own personal interpretation of the chart (although undeniable that the MA lines are closer than they were last week) It is the responsibility of every investor to come to their own conclusions based on their own personal analysis of the chart, company, and financials.
I call this progress because:
-MA lines are factually closer than they were last week
-Long-term investors understand the technology has a better chance of succeeding than failing and are willing to take the risk
-Zooming out to a 1 year chart, we see ever since November 2015's flat line, the chart retains a higher low.
-The run up to .0092 shows investor interest is alive and well. If and when the same run occurs again we would be over a penny.
-As of this post, the main thing we are waiting on is sales.
Phases to get us to sales..
Note
I don't work for SCIE. Don't know them, never met them.
Typically, there are set phases when creating a medical product. Spectrascience is at the end of these phases (summary list)
We are past the grant process.
We are past the basic research phase.
We are past the initial funding phase.
We are past the concept phase.
We are past the development phase (so many times over because SCIE has upgraded the WavSTAT four times).
Verification phase is split. In Europe, we are past the verification phase. The UK requires further testing which is what is happening right now (NHS).
We are past the production phase as the machine is built in house.
We already secured inventory for clinical trials.
A number of countries have already COMPLETED training on the WavSTAT. Not 'started'. COMPLETED.
We are past the Market Release phase. This phase uses GRADUAL MARKET PENETRATION. notice the word GRADUAL. short term investors cringe at anything 'gradual'.
Clinical testing is both complete and ongoing depending on which country you are referring.
We are past the initial PMA phase and waiting for word on a renewal PMA for the USA.
Now we are waiting for the device to be marketed for sale. And I believe this is where we are. It's already happening. PENTAX has the WavSTAT on their website. The second it shows up on PENTAX USA website, I think the price will never go below .05 or .10 cents again.
But remembering the word 'gradual'; things will go slower than the average short term investor will want which tends to make many people focus on daily candlestick colors.
Not investment advice. No one is stopping you from selling your positions. Do NOT invest based on this post.
Not investment advice. Notice that said, 'NOT investment advice'.
Progress..
50 and 200MA lines are now even closer at only .0038 away from a Golden Cross. Remember not too long ago when they were .0045 away?
Of course, investors may say, "PROGRESS?? You call this PROGRESS? LOOK AT THE CHART!"
..well... no one is stopping you from selling your position, right? If the chart doesn't please you.. sell and move on. This post is my own personal interpretation of the chart (although undeniable that the MA lines are closer than they were last week) It is the responsibility of every investor to come to their own conclusions based on their own personal analysis of the chart, company, and financials.
I call this progress because:
-MA lines are factually closer than they were last week
-Long-term investors understand the technology has a better chance of succeeding than failing and are willing to take the risk
-Zooming out to a 1 year chart, we see ever since November 2015's flat line, the chart retains a higher low.
-The run up to .0092 shows investor interest is alive and well. If and when the same run occurs again we would be over a penny.
-As of this post, the main thing we are waiting on is sales.
Phases to get us to sales..
Note
I don't work for SCIE. Don't know them, never met them.
Typically, there are set phases when creating a medical product. Spectrascience is at the end of these phases (summary list)
We are past the grant process.
We are past the basic research phase.
We are past the initial funding phase.
We are past the concept phase.
We are past the development phase (so many times over because SCIE has upgraded the WavSTAT four times).
Verification phase is split. In Europe, we are past the verification phase. The UK requires further testing which is what is happening right now (NHS).
We are past the production phase as the machine is built in house.
We already secured inventory for clinical trials.
A number of countries have already COMPLETED training on the WavSTAT. Not 'started'. COMPLETED.
We are past the Market Release phase. This phase uses GRADUAL MARKET PENETRATION. notice the word GRADUAL. short term investors cringe at anything 'gradual'.
Clinical testing is both complete and ongoing depending on which country you are referring.
We are past the initial PMA phase and waiting for word on a renewal PMA for the USA.
Now we are waiting for the device to be marketed for sale. And I believe this is where we are. It's already happening. PENTAX has the WavSTAT on their website. The second it shows up on PENTAX USA website, I think the price will never go below .05 or .10 cents again.
But remembering the word 'gradual'; things will go slower than the average short term investor will want which tends to make many people focus on daily candlestick colors.
Not investment advice. No one is stopping you from selling your positions. Do NOT invest based on this post.
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
http://investorshangout.com/Joeys-Investment-Board-91611/
Invite Only
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.
The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
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