Ekso Bionics Secret Weapon
So I bought Ekso on some interesting news early in 2014-and watched it soar and dive in an manner worthy of a marine mammal. I'm not a day trader though shifts like these make me wish (sigh) I was. However I have been reevaluating the opportunity with this stock and having the usual problems finding a method for doing so with this still early stage developmental company.
I do believe in the story here. Robotics-and in particular a robotics company who can pivot from medical to military has my interest all the way. That said...Ekso is burning through cash, has had a negative P/E til now, and drops every day a few cents. What's to like in this scenario? Which brings us to Mr. Buffetts remark about being greedy when other are fearful etc-but it does need some shoring up to be a believable basis for buying this stock now.
So looking into it I found ekso doesn't just manufacture the coolest exoskeleton around-they also own the patents! Now that's reassuring not just because it shows planning and foresight on the founders part-but this kind of intellectual property will be worth money no matter what happens to this little company-and I do believe they will succeed if Wall Street doesn't get in the way. I'm long ekso.