$BIOL - WEEKLY SLINGSHOT$BIOL - 2021 Second Quarter Operating Highlights (all comparisons are on a year-over-year basis unless specified otherwise):
This is now 3 consecutive Q's of growth back to back:
Net revenue grew 211% to $9.1 million:
Over 70% of U.S. laser sales came from new customers, continuing a positive trend
Over 35% of U.S. Waterlase sales came from dental specialists
Net revenue was 6% higher than the pre-pandemic revenues during the second quarter of 2019
Laser system sales increased 424%
Consumables and other revenue increased 173%
U.S. and international revenue increased 167% and 340%, respectively, as more dental practices were operating during the 2021 second quarter compared to the year-ago second quarter due to the COVID-19 pandemic
Gross margin was 44%, up 1,200 basis points, due to the higher year-over-year revenue, favorable revenue mix, and higher average selling prices for products sold during the quarter
Net loss was $702,000 or $0.00 per share, compared to a net loss of $4.7 million or $0.12 per share a year ago
Maintained strong balance sheet, as cash and cash equivalents totaled $37.1 million at quarter-end
"Our strong second-quarter performance is due to rising demand for our industry-leading dental lasers as a result of our intensified focus on education and training, the increased safety our lasers provide to dentists and their patients, and the published studies highlighting the improved results our laser provides to treat perio-disease,” commented John Beaver, President, and Chief Executive Officer.
“With over 70% of our U.S. laser sales being generated from new customers during the quarter, and over 35% of our U.S. Waterlase sales coming from dental specialists, it’s clear our messaging, marketing, educational, and training efforts are bearing fruit. However, I believe this is only the beginning because our industry-leading dental lasers provide a better standard of care for dental procedures. In addition, they ensure a safer environment for dental practitioners and patients by reducing aerosolization to mitigate the spread of infectious pathogens, such as COVID-19. Dental practitioners experienced significant disruption to their business during the peak pandemic period. However, our lasers limit their exposure, from a health and business perspective, which was another contributing factor to our strong turnaround from one year ago."
"Our focus on educating and training dental specialists on the benefits of our lasers is already leading to increased adoption across these large and untapped markets. In fact, this momentum is giving us greater visibility into Q3, and we feel comfortable providing guidance regarding expected significant year-over-year improvement across our key performance metrics, including revenue and gross margin,” concluded Mr. Beaver.
Slingshotsystem
$DPW - About to Squeeze$DPW - This one is a blast from the past, prior to the r/s when this stock was near 65 cents, it made its first slingshot breakout and went from what I can remember 10x - 15x within a few weeks ( I linked the previous idea from about 3-4 years ago, which worked out beautifully). Now it is doing it again years later at a higher price and a smaller share structure, so the potential here to see 10x to 15x is even more probable with the current market conditions. I wouldn't be surprised to see the targets reached quickly and surpassed.
$CZNI - WEEKLY SLING SHOT BUY SIGNAL$CZNI - Yet again, just like $SNPW, $ENZC, $ATVK, and countless others ... this week $CZNI is confirming to shoot to all-time highs, the second round of buying interest has triggered a strong buy signal confirmation on volume. Please check the related ideas to see how we nailed the targets.
$GRST - UPDATED ANALYSIS$GRST: AFTER A SUCCESSFUL BREAKOUT FROM THE CUP AND HANDLE FORMATION ABOVE .003/.0042, $GRST REACHED HIGHS NEARING THE PSYCHOLOGICAL LEVEL OF .01, AND LEVELED OFF TO RETEST THE UPTREND AND FOUND SOLID SUPPORT AT THE BREAKOUT LEVELS FROM THE PREVIOUS FORMATION. WE ARE NOW SWINGING BACK TO RETEST THE PENNY LEVEL, AND WHEN BROKEN THIS TIME AROUND WE SHOULD SEE A PARABOLIC MOVE TOWARDS .03, MANY NEW DEVELOPMENTS INCLUDING $GRST GOING CURRENT ON OTC MARKETS, ARIA FACILITY RECEIVING ITS LICENSE AND OPENING ITS DOORS TO PATIENTS. MUCH MORE MARKETING IS COMING FROM THE COMPANY TO PROMOTE THE FACILITY AND BEGIN GENERATING REVENUES.
$FHBC - STRONG WEEKLY BUY SIGNAL$FHBC - VERY SIMILAR TO $ENZC WEEKLY PATTERN, THIS ONE HAS MORE JUICE IN MY OPINION, DUE TO THE FACT THAT IT IS CURRENT ON OTC-MARKETS, HAS PRODUCTS IN STORES ALREADY, AND OVERALL A GOOD TRACK RECORD. VERY CHEAP AT THE MOMENT UNDER .002. MOST SUBS WILL RUN TO PENNIES, AND $FHBC HAS A STRONG BASE IN LOW SUBS NOW ON INCREASING VOLUME TO THE UPSIDE, REFER TO THE CHART I DID ON $ENZC (ALREADY UP OVER 1000% FROM ENTRY) AND YOU WILL SEE THE SAME PATTERN EMERGING
$BRTXQ - STRONG UPTREND, COMING OUT OF BANKRUPTCY $BRTXQ - ANTICIPATING 8K FILING TO HIT VERY SOON ON THE JUDGE APPROVED RESTRUCTURING PLAN, COMMON HOLDERS INTACT, UPLISTING TO NASDAQ, SHARES LOCKED UP, ZERO DILUTION, INSANE POTENTIAL HERE - GOOD RANGE ON WEEKLY CHART TO .21/.36 ZONE
$GFTX - BEGINNING OF A STRONG UPTREND$GFTX - Gorgeous setup with new support @ .0012, and pivot at .0021. The next wave should take it closer to .007 former resistance, moving the pivot to .0045/.0055 zones. If this one can manage to break through .012 penny resistance, we can see a monster move towards .03 to .05 or higher.
$KRFG - HOURLY TECHNICAL ANALYSIS - PREDICTION SLINGSHOT$KRFG - LARGEST REVERSE MERGER OF 2019, LAST IDEA WAS TAKEN DOWN DUE TO A LINK FOR THE DD TO ANOTHER WEBSITE. THIS IS AN UPDATED VERSION, SHOULD BE GOING CURRENT WITH OTCM ANY DAY NOW. $100MM REVENUE COMPANY (kojtech holding group inc) COMING INTO THIS SHELL... THE STARS ARE ALIGNED... CAN SEE MASSIVE UPSIDE HERE SINCE THE MARKET CAP IS ONLY 7MM~
MA's and Slingshot giving beautiful short signal on SPXI recently started studying the Slingshot system by chrismoody and find it super relevant so far. In the chart above we have an aggressive sell setup coupled with a bump into some simple MA resistance. On top of that this lovely opportunity comes after a somewhat exhaustible run up since first week of November 2019 making a small correction all the more feasible. My target over the next 2 - 4 days is 2512 - 2550.
GBPUSD LongUsing Chris Moody's Slingshot System to identify aggressive entry points. Prices tend to cross past or into the sling before big trend-following moves. GBPUSD has bounced off the bottom of a channel and is respecting the support. It has also respected a minor support set by previous bars.
Recommended SL: 1.418
Recommended TP: 1.437
USDCAD ShortUsing Chris Moody's Slingshot System to identify aggressive entry points, in yellow. Prices tend to cross past or into the sling before big trend-following moves. The price has bounced off the top of the channel and appears to be respecting the resistance. USDCAD is in an H4 downtrend.
Recommended SL: 1.266
Recommended TP: 1.253