$T2バイオシステムズ (TTOO.US)$
1) Strengthened balance sheet by converting $10 million in CRG debt to equity
2) Sales do NOT include BARDA (since T2 received the FDA clearance for the Biothreat panel)
3) Large shortfall due to backorders (Hence why they are ramping up development by hiring new people)
4) Expecting Q4 to be far more productive with fulfilling backorders and new sales
5) Products take time to develop to meet demand
6) Shifted focus on supply ch...
1) Strengthened balance sheet by converting $10 million in CRG debt to equity
2) Sales do NOT include BARDA (since T2 received the FDA clearance for the Biothreat panel)
3) Large shortfall due to backorders (Hence why they are ramping up development by hiring new people)
4) Expecting Q4 to be far more productive with fulfilling backorders and new sales
5) Products take time to develop to meet demand
6) Shifted focus on supply ch...
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$T2バイオシステムズ (TTOO.US)$ Why announce an RS BEFORE an earnings call? my gut feeling is that if they didn't, and the news was bullish, the stock will probably hit close to 1.00 HOWEVER people will start selling and realize profits, day traders, swing traders, short sellers. They announced an RS to push it at 1.00 and THEN reveal the bullish news which might push it to $2+ territory. Once people start selling for profits, it'll drop back down to $1.00 territory Skies...
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$T2バイオシステムズ (TTOO.US)$ lol, it seems backwards. Definitely feels like T2 wants the big institutions to buy on the low before earnings call.
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