entertaininvesting
1 year ago
The company needs more revenue - $750,000 gross profit can't cover $3,700,000 operating expenses.
It needs at least $48,000,000 in annual revenue to break even - pretty far right now with $9,000,000 in revenue.
PennyStockTrader2
2 years ago
PRPO dipped to 64 cents on Friday where I picked up shares, though I would like to have picked up more. Market cap down to 15 mill, wow. Unfortunately revenues are stagnant, quarter after quarter, and profitability not in the right direction yet. But again the stock is pretty cheap on a relative basis
the stock as it always does will spike but I dont know when, but when it does, be ready to take profits regardless of news if there is even any news. just take some profits.
PennyStockTrader2
2 years ago
this board never got any traction, oh well. Anyway continued to trade fairly successfully considering it has slowly gone down over time, just have to have the right entry and exit points, doesnt have to be perfect, just take advantage of pullbacks and spikes and dont look back. Right now is entry and I will buy up more at 75 cents as funds allow, this is a good company. This should spike in due time, when of course we all least expect it including myself.
barnyarddog
3 years ago
MIDASPOT COVID-19 Antibody Combo Detection Kit
Brand: MIDASPOT
https://www.amazon.com/COVID-19-Antibody-Combo-Detection-Kit/dp/B08XG2XVSF/ref=sr_1_49?crid=1C6TJEHRT0ORY&dchild=1&keywords=covid-19+test&qid=1631181774&s=industrial&sr=1-49
This product is manufactured in the USA by Nirmidas Biotech, Inc. and distributed by Precipio, Inc.
Top reviews from the United States
Amazon Customer
Not available without license
Reviewed in the United States on August 10, 2021
Why aren't we able to buy a simple test kit? These should be available for us to buy and keep our results/ records confidential and un-skewed by others.
14 people found this helpful
(May 3rd, 2021)
Precipio Launches its Rapid COVID-19 Antibody test on Amazon Platform
Nirmidasโ test is available to POC healthcare providers with an Amazon business account
https://www.precipiodx.com/investors/pr/2021/0503/Precipio%20Launches%20its%20Rapid%20COVID-19%20Antibody%20test%20on%20Amazon%20Platform.html
__________________________________________________________________
WOW, 21 months into this Pandemic and still no at home self testing kit. Surely a controlled demolition of publics health.
PennyStockTrader2
3 years ago
prpo has been a great trade in the last month on the swings, as it always has been, I just love it. At this price, I have a small position that I ease out of in the 4s at various prices, or ease into as it drops into the mid to lower 3s.
Now they have started writing those options and while not very liquid, I did write three $5 June calls for .35 each. What they really need are the strikes to be written every buck, for example the 4 call would be fantastic if it were available, but they either do the 2.5/5/7.5 or every dollar. DPW started with the 2.5/5/7.5 series and then moved to every buck, so we could get that here if there is enough demand, and that is certainly a possibility.
PennyStockTrader2
3 years ago
started adding patiently from 4.19 to 3.41, so far, and will sell into any rallies, and buy in higher volume into any retreats. Could it go under 3, sure it could, it could go anywhere, but the company is not going out of business.
PennyStockTrader2
3 years ago
well, redeemed myself partially these last few days after selling out way too early and able to make a few grand profit selling out remaining shares near the top. The question is now what to do. Well, I do feel there is a strong propensity for PRPO to not hold gains after these spikes and for the pullback to go all the way to the start, and while I dont think that will happen, we have to be open to even 3 bucks being the new low, crazy as that might sound. To plan for that I would be buying in higher volumes from 4 down to 3 bucks.