No. of Recommendations: 0
No. of Recommendations: 0
Fuma It's unclear from this post if nanox is actually involved in the india hospital/screening discussed above or not?
First, I do NOT own NNOX.
NNOX is not (to my knowledge) currently involved with the India story.
My comment is speculation that it's a low hanging fruit for technologies such as NNOX. And, NNOX has stated that these isolated, poor communities are their target clients.
Back to NNOX. IIRC, NNOX was working on breaking ground on a factory. Ie... NO PRODUCT at this time, only the demonstration equipment? Results from the Dec 2 demo will be interesting?
Google shows numerous lawsuits against NNOX.
And https://www.barrons.com/quote/stock/us/xnas/nnox
Barrons short interest (10/30/20) on NNOX is 2.48M shares, and average trading volume 3.3M, therefore the short-interest ratio is 0.75, or shorts can cover in 3/4 of one (1) trading day. So far, not much of a short squeeze potential?
This suggests short sellers are not convinced NNOX is a fraud?
😷
ralph has NO position in any of the companies mentioned.