Canada Markets open in 2 hrs 5 mins

Myomo, Inc. (MYO)

NYSE American - Nasdaq Real Time Price. Currency in USD
Add to watchlist
8.43-0.08 (-0.94%)
At close: 03:59PM EST
7.91 -0.52 (-6.17%)
After hours: 07:37PM EST
Sign in to post a message.
  • V
    ValuFin
    Add the Chinese venture confirmed and the new much more appealing myopal2+ for exponential growth.
  • C
    Charles
    Insurance issue settled hopefully
  • B
    Brenda
    I called IR this morning. Spoke with Kim. Her number is on Myomo website. Let her know I'm disappointed that management appears to be ignoring long suffering shareholders while stock has dropped significantly since earnings. She said company is focused on earnings and not looking to become a meme stock. I stated all companies work at shifting momentum from time to time. Hopefully, they will put something out to stem the bleeding.
  • B
    Brenda
    "We are proud to be reporting both the highest quarterly revenue and the highest direct billing channel revenue in the Company's history. These achievements demonstrate the continued success of our transition to being a direct provider of the MyoPro to our patients."

    Quarterly revenue up 128% from 2020.
  • B
    Brenda
    Also, Kim from IR informed me that 1) recent exercise of warrants was nondilutive as shares were already accounted for, and 2) a hedge fund (can't remember the name, not a major one, but one with over $1 billion in assets that focuses on health sector) recently started a 2% position in MYO. I haven't seen the SEC filing yet, but she stated it was forthcoming.
  • V
    ValuFin
    Several large funds have added in Q3. They include AIGH and Triple gate. Also, insiders are starting to buy. This company has amazing times ahead, not sure why the selling pressure now. Financials look good as well.
  • K
    Kenny
    Christmas is looking to be great this year with my MYO short. Management has never been in a position where you can believe anything. Selling shares to raise money to pay their salaries, issuing warrants, and dealing with insurance companies that have control over your payments. I wouldn't be shocked to see this thing drift to $1.00. It's been there before.
  • K
    Kenny
    Where are the bashers? The only people on this site are the lovers of this stock. It doesn't matter who is buying - someone is selling shares EVERY DAY. Perhaps it you pumpers who are actually trying to get retail investors to buy your positions before this thing drops to $5.00. The conference call means nothing when 30% of your revenue can be gone by 1 insurer. Bring back the bashers.
  • B
    Brenda
    Alliance Global Partners - Buy rating with PT of $34.
  • K
    Kenny
    Come on MYO management - I need you to continue to disappoint investors so I can cover my shorts at $5.00 before Christmas.
  • C
    Charles
    Sell on good news. Buy on bad news. If you think this company is fundamentally sound hold on. Time is on your side.
  • B
    Brenda
    Expecting good earnings tomorrow. GLTAL.
  • f
    frank
    Not sure why the preliminary 4th Q results posted a few days ago were not paid attention. I guess it's because the offering news was dominated on that day. However, if you closely look at the 4th Q results, the financial/operation results are very encouraging. Revenue for the 4th Q last year is about $1.5 mil, representing over 60% increase over the same period of PY. With this pace, MYO can achieve the breakeven toward the 4th Q of this year and start making a money next year. I thought this is astonishing numbers. I linked the preliminary 4th Q results below.
    https://myomo.com/wp-content/uploads/2020/02/Myomo-Reports-Preliminary-Fourth-Quarter-and-Full-Year-202019-Results-FINAL-.pdf
  • B
    Brenda
    EPS beats by .10
  • D
    Dean
    So, given the dilution and the pricing of these new shares, when is the right time to buy back in? THoughts?
  • k
    konstantine
    wainright reiterated his 12 target today
  • S
    Sławomir
    It will go to 5.00-6.00 in next few day than what will you say? Tears in your eyes? It takes time to make new business- strong company. It won’t happen over night. If you guys want to become millionaires over night sell all your stocks and start buying lotto tickets
  • D
    Derek
    1. Increased Revenue
    2. Increased field sales team 100%
    3. Cash on Hand Increased
    4. Working with Ottobock

    All good signs. Yes still operating at a loss and EBITDA is lower YOY, G&A increased (most likely due to marketing) but all these are positive signs for a company moving in the right direction.
  • B
    BobM
    The HCPCS Prelim approval decision is so critical in so many ways. Currently, "some of these [myopro] have gotten reimbursed within 30 to 45 days. Many of them six to nine months, some stretch out beyond that." Therefore, once they can start streamlining the insurance reimbursements and getting a shorter timeline, this will help them with providing guidance in the near future. The public hearing is set on June 5, 2018 so hopefully we see some follow-up positive PR regarding this.

    Also, in 2018 we will see Myomo "announce a program for adolescents with arm and hand paralysis due to cerebral palsy, Brachial Plexus shoulder nerve injuries at birth and other medical conditions. We’re also currently testing prototypes of our upcoming pediatric size device which we began developing after receiving a grant from the Children’s Hospital of Philadelphia last year."
    Other than that, I'm anticipating further progress and news to follow regarding the market development in the Canadian and European market. Perhaps we'll hear something on Asia expansion but no updates on that yet. Good luck all.
  • J
    Jay
    just my luck as long as I am holding shares this isn't going anywhere. just like all the other plays I have been trying to make the second I sell they pop.