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RWLK: ReWalk Robotics / Beaten down & huge potential

Discussion in 'Penny Stocks' started by Stocktrader12, Dec 16, 2018.

  1. Stocktrader12

    Stocktrader12 New Member

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    Hey guys, I'm new here.

    Have you guys checked out Rewalk Robotics?

    From my perspective RWLK is a great buy for the coming weeks. There are several catalysts, they just had a $12 million offering at .30 (downside risk very low imo) and they are waiting for reimbursement decision from one of the largest insurers in the US. As the article mentions, the stock is trading under NET CASH around $10 million. They already have one approved exoskeleton and they already make money. The current valuation is more than ridiculous and I think that the insitutions that bought way higher in the last couple of years have substantial interest to boost the share price. Also, their new product for stroke patients has a huge market potential and is prices significantly cheaper then their first exoskeleton. Additionally, they are getting a lot of media coverage (ABC, Yahoo! Finance etc.) This is a great short-term opportunity to make money imo!
     

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