Myo - Myomo, Inc.

Discussion in 'Investment Charts' started by fireopal, Jan 3, 2018.

  1. fireopal

    fireopal Senior Investor

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    [​IMG]
    Myomo, Inc., a commercial stage medical robotics Company, provides expanded mobility solutions for patients suffering from neurological disorders and upper limb paralysis in the United States. The company develops and markets MyoPro, a myoelectric elbow/wrist/hand orthosis that supports an impaired hands and arms of individuals due to a brachial plexus injury, stroke, spinal cord injury, traumatic brain injury, amyotrophic lateral sclerosis, multiple sclerosis, and other upper limb neuromuscular deficits. Myomo, Inc. and is headquartered in Cambridge, Massachusetts.

    Company website - http://www.myomo.com
    O/S = 11.1M
    float = 3.37 M
     
  2. fireopal

    fireopal Senior Investor

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    This was a delayed IPO play that made a pretty nice move before heading down - had a nice run up to $11's not too long ago & i expect more to come!!
     
  3. Chartman

    Chartman Senior Investor

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    Seems to be edging higher which is a better pattern than volatility - at least in my book :)
     
  4. gowiththeflow

    gowiththeflow Senior Investor

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    Stock is only a fraction of its original float price - robotics/artificial limbs are a huge market!

    What do the profit forecasts looks like for the short to medium term?
     
  5. Chartman

    Chartman Senior Investor

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    If this company shows any signs of returning to its former glories prior to the flotation, my guess is it would be picked up by a larger conglomerate or competitor. There are some stocks which are unsuitable for stock market flotations purely and simply because investors and analysts do not always understand them. This type of robotic assistance technology must take years to develop and even longer to monetise.
     
  6. fireopal

    fireopal Senior Investor

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    Last edited: Feb 28, 2018
  7. gowiththeflow

    gowiththeflow Senior Investor

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    Looks like the shares have broken through short term resistance - time to look again?
     
  8. fireopal

    fireopal Senior Investor

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  9. longtermbull

    longtermbull Administrator Staff Member

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  10. fireopal

    fireopal Senior Investor

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    This one is dead in the water right now so providing some reading material while we wait for the resuscitation!

    Myomo Brings MyoPro to Adolescent Patients - https://finance.yahoo.com/news/myomo-brings-myopro-adolescent-patients-120000516.html

    Myomo Announces MyoPro Availability in 16 New U.S. Locations - https://finance.yahoo.com/news/myomo-announces-myopro-availability-16-120000208.html

    Myomo® Application for Medicare Codes Receives Favorable Preliminary Decision - https://finance.yahoo.com/news/myomo-application-medicare-codes-receives-120000268.html
     

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