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Bored of Damocles  

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  • David And Goliath Case Offers A Surprising Opportunity [View article]
    JNJ does have a patent but it's more on the side of their meter than the strips. I think a buyout is becoming increasingly likely and would love to see that. The recent stay means that they may make a move even before resolution.
    Oct 22, 2013. 01:27 AM | Likes Like |Link to Comment
  • David And Goliath Case Offers A Surprising Opportunity [View article]
    I absolutely agree. This cash burn rate has been my biggest concern, which is why I waited until the company began selling their product before taking a position. Now they have a revenue stream that will be comparable to their legal expenses.
    Oct 22, 2013. 01:25 AM | Likes Like |Link to Comment
  • David And Goliath Case Offers A Surprising Opportunity [View article]
    I heard rumors of similar problems in the past, though nothing substantial enough to make a case on. I avoided contact with current management because of the unlikelihood of being able to reach the same level of communication with JNJ but judging from the way they're operating now I would agree that its under solid management now esp. in regards to their legal troubles.

    Thanks a lot for bringing that to my attention
    Oct 22, 2013. 01:23 AM | Likes Like |Link to Comment
  • David And Goliath Case Offers A Surprising Opportunity [View article]
    I'm actually seeing a lot of conflicting data for this company in that period, which is probably due to it being prior to the 2011 change from InstaCare (ISCR) to Decision Diagnostics (DECN). One site even had it reaching 120 a share in 2004, which is completely ridiculous. From what I've found however, shares did see depreciation in the 2007-2008 fiscal year, which coincides with a reverse merger, as well as oddly enough their first profitable quarters. I'll get back to you when I find out more.
    Sep 27, 2013. 11:36 AM | Likes Like |Link to Comment
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