ReWalk Robotics
What is it? Its IRONMAN for people who need it!
ReWalk is a wearable robotic exoskeleton that provides powered hip and knee motion to enable individuals with spinal cord injury (SCI) to stand upright, walk, turn, and climb and descend stairs*. ReWalk is the first exoskeleton to receive FDA clearance for personal and rehabilitation use in the United States.
Are they doing anything cool? Only everything!
Currently a number of clinical studies are being carried out globally with the aim to show the impact on the patients’ health of using the ReWalk System and potential improvement on patients’ quality of life.
Most of them are in recruiting status atm.
See more of them on ReWalk’s website
What about meetings and stuff? These boys are making noise!
Annual Assembly 2018
The largest gathering of physiatrists (that’s a thing?) will learn about the latest innovations in practice, science, and leadership to advance our vision for the specialty. From cutting-edge to practical innovations, you’ll walk away with a fresh perspective, shared by your peers and leading experts, so that you can experience Success Through Innovation.
Visit our booth (#315) to see a ReWalk exoskeleton in use and learn about the experience from a ReWalker.
October 25 – 28
We also have a test session on Oct 25th.
Earnings are expected on 11-1. Pay close attention to the Earnings line in early August.
And then at the end of November, after all this dope news, we get another test session?! Hell Yes we do!
Okay, Okay, what about the stats? I got you on that too!
34.6 mil outstanding
29.8 float
EPS up 50.4% this year
Sales up 51.5% in the last 5 years
AND this little blurb:
Total revenue for the second quarter of 2018 was $1.8 million compared to $1.6 million in the prior quarter; 21 units were placed during the second quarter of 2018; The U.S. Department of Veterans Affairs (“VA”) updated its national policy to provide expanded access to ReWalk exoskeletons with additional VA sites and also including private rehabilitation clinics through the Veterans Choice Program;
WAIT A SECOND!!! THIS IS IRONMAN LEGS FOR VETS?!
That’s exactly right. Remember that old adage about buying a company you believe in?
Listen guys… I’m not saying this is gonna be Bitcoin. It’s a pair of robot legs. But its an amazing product designed for people who need it, and they are putting out real news for the next couple weeks.
Some links for pleasuring your eyeballs:
https://finance.yahoo.com/news/rewalk-robotics-reports-second-quarter-110000338.html
https://www.cbsnews.com/news/robotic-exoskeletons-helping-paraplegics-walk-again/
Crossposted from r/pennystocks
Disclaimer:
I have a Long position on 500 shares here. Really excited for this one!
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