Sounds dreadful, hope you get better soon. Is it peculiar to alces alces?:)
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Hancocks, wouldn't the signing of a LUG constitute a material event that needs to be disclosed to the market?
That's not quite how it works, there is nothing to sign, the LUG’s are medical & clinical associations. Pacific Edge may sign contracts with the large HMO’s though. Last October during the capital raising Pacific Edge have told us that the HMO ‘sign up’ type announcements should take 12 months to negotiate, and there’s plenty of time for that yet.
Similarly Pacific Edge have signed contracts with some of the network providers FedMed, ACPN and Stratose, but again Pacific edge don't announce each insurer or company health plan associated with those network providers as each initiates under their billing policy, as there are hundreds of insurers and thousands of company health plans in the US.
http://lugpa.org/
You will learn a lot if you ignore snapiti.
Excellent post snapiti. A good reminder that this applies to all stocks and posters on this and other forums. We all have our agendas, angles , slants, bias's, ego's, influence others ,be the big cheese etc etc Some are obvious,some are natural born influencers , some are genuine but not necessarily correct. Now lets all be careful out there and make some money and keep sharing:).
Personally I would be highly surprised if they crack 800 tests (based on comparable trajectories) however what I can't predict is how the market would react to say ~500 tests. I suspect the wider market would have a more favourable reaction to this number than say Hancocks would.
Obviously this means that if Hancocks is correct then we could see quite a decent jump in SP if they hit say 5k or 10k tests.
Great post Snapiti no.8400. A variable in all this is that we won't get annual results till end May if same as last year and an investor update was not until 13 June.If we have to wait until mid June for the number of tests etc then that is a long time for this dull market to keep their frayed nerves under control.I could imagine a rise in sp on good earlier tests announcement but if that does not happen then she is very vulnerable.....cheers.
Taking the 100 mill long term goal out for a second I would have thought that profitability comes first. Does anyone have the faintest clue as to how many tests it would take to do that and when that might become fact. One wonders how much pressure the rights issue, that was supposed to be used to boost the rollout and bring colorectal forward, has had on the tests done so far compared to what was planned originally.I mean you can get a lot of help for 29mil or whatever it was. Will be interesting to see expenditures and how big the work force is now. After all we needed a vice president for sales, area manager in boston and another one to handle houston and chicago that I can recall, there are probably several others by now. Plus all the technicians in the lab to handle the samples. Interesting that at full steam they have a planned throughput of 1.8 tpm with only 10% of the market.
Another point regarding the 100 mill as being a middle estimate, any clarification as to what high and low might be with the rights issue done and dusted and have those estimates in fact been rewritten.
My guess is 150 to 200 tests per week increasing by 10 to 15 a week at the moment.
Based on what I have observed, noted, seen, heard, studied, researched, the nasdaq, bulls, bears, gutometer readings and sharetrader input.