While I don't hate them, I also don't believe in them long term. Maybe they will do very well. The fact that you sold your shares after "only" making over 50% shows that you also don't think they will do much better or you would have held the stock. My gut tells me this stock will go up and down until they are bought out or go out of business.So now your betting the stock drops so you can get back in and then hope it goes back up?
Honestly, the Stock is Undervalued by a long shot. The market cap is justified by their Stake in Airbeam alone which was worth 13.5 Million during the last valuation round. revenues are up 100% quarter over quarter. Expansion to Workplace wearables and cruise ships will add more revenue as well.
Big Deal announced with Hockey Canada with TraceSafe, Will add nice revenue boost for Q4 and even more in Q1. More Venues and contract incoming!
They're in use for Film sets around the world. . . For Cruise Ships, they've added payment integration(cruise casino, gift shops etc) and messaging for their bracelets. The staff will also be able to send messages to guests. Eg. whale sighting off the back of the ship, etc. And also on Workplace accidents the CEO said. "In more industrial settings we are looking into AI solutions that understands employee injuries and accident prevention, as well as workplace wellness initiatives to prevent overuse injuries"
Yea the markets for wearables are endless, Im just wondering how the price will be affected when the vaccines roll out. Will it thrive in many other markets? I hope.
Not sure wear-able devices are going to become that prevalent. In many industries, especially food plants, rings, watches and jewelry are not allowed for sanitary reasons. The plant I work in doesn't allow them as they may be a hazard and get caught in machinery. Then there are the hidden costs. Typically you must hire someone to monitor and analyze the data. Will the data be useful to where it either generates profit or reduces losses enough to pay for itself? For most smaller companies the answer is no.
Funny man, wearables are the hottest thing right now. I love seeing your posts because your so pretentious without doing your homework. Its ok you got me. Wearables are becoming a normal part of peoples lives. The market is expected to go on a surge, to an almost whopping $70 billion globally by 2025. Tracesafe at this price has got a long way to go. The world wide wearable medical device market is on course to grow to USD $85.6-billion by 2027. Alot of this growth is due to medical innovation itself. An example of a market is the diabetic people, the market is expected to grow from 415 million to 640 million diabetic people in the world. The high prevelance of diabetes is an important driver stimulating market growth. Wearables are making a move into sports. Sure they provide event organizers and athletes protected from COVID. But to a whole different topic , big data. If you only grasped a tiny bit of the concept of big data, you will know companies will be salivating for info that can contribute immensely to the bottom line. Just had to put you in your place because you come with lukewarm facts, not having that like Garnett with anyone in the paint. You need to come hard. Caught in machinery? cmon dude this a tiny device that can be easily worn somewhere else. https://www.forbes.com/sites/michel...propel-skiers-further-faster/?sh=5c3e5d425377 https://www.ept.ca/2020/12/wearable-medical-devices-market-grows/ https://www.cnbc.com/2020/11/20/sam...les-are-up-more-than-30percent-this-year.html
Sorry, but I still don't think it will be big with the majority of workers. Is there a market? Yes, but there was a market for bell bottomed pants too. And mood rings. Pet rocks. You also don't give credit to the medical research community. If there will be that many people with diabetes don't you think they will come up with a way to control it, a device perhaps? That might be a use for a wearable but it would need FDA approval. These devices currently do not have the ability to administer drugs. I'm glad I'm old and about to retire because I don't want to work in an environment where I am constantly monitored and the information is available to the world.
This isnt just about workers, I will let you do your research because it is evident you havent done it. Your comparing wearable technology to mood rings and pet rocks. You have good questions but with time at the speed technology is going all those boxes will be checked off. Wearables are a key component right now in the medical field for predicting health problems before they even happen. Big data is thriving off wearables and will continue to, data is one of the most valuable things on this planet.
The real question might be: If the wearables take off, like y'all have suggested, what makes you think companies like Apple, Google, Microsoft, etc. are not going to make Tracesafe irrelevant? After all, isn't "data" their thing?
Tracesafe already has traction, You can do your own research. You can make the same argument of any smaller or mid size tech company. They have decent contracts already, packs punch for the price.
Key for this is to at least hold .50 See if it can exceed the week's high of .64 Right now just going sideways for 3 weeks.
