Biolase Technology, Inc. (BLTI)
A medical technology company that develops, manufactures and markets lasers and related products focused on technologies for improved applications and procedures in dentistry and medicine.
Recs
I own like 250 of this stock. i bought it at 2.90 or something like that. If you look at this company's history and their product and its potential, and the new managment who is a legend, then it's easy to see why I think this stock will be in mid 20's in a matter of a year. And I don't think this stock will ever come down until they are bought by a big corporation like GE or some other big company.
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They have new technologies and a new CEO.
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Has New Patents, Low P/E , More Good News then Bad
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at $5.50, downside risk is minimal. timing couldnt be better. check out 4th quarter stock performace on the 5 year chart.
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Future earnings potential and P&G deal.
Recs
WW leader in dental lasers with low penetration (significant pdtvty and ROI tool for dentists) significantly enhanced marketing wise by $5bln Harvey Shein. New pdts incorp more disposables. 40% int"l sales.
Undergoing impressive instl accumulation and bottomed.
Close to 25 days Short Interest to cover.
Recs
Biolase is going to have trouble expanding because it only currently sells one product. There is a limited supply that the company can sell to companies.
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I liked this stock at 8 1/2 and it rose to over 10. So I gotta like it at 7 1/4. I still see it in double digits. I'm picking it at 7.18 i think it might go down to 7 which is where i would like to buy it. This is a company that leads its sector. its new product is lagging a little bit, but I beleive they signed the right distributor and soon they will be making those "Black Smiles"
Recs
Leader in laser denistry. Will rebound

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