Cutera Message Board - Msg: 34612790

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Cutera

CUTR 0.0955

+1,050.6%

Mar 12 3:59 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Harshu Vyas	3/22/2024 8:05:00 AM
	Read Replies (1) of 21

I was wrong about Cutera. I've dropped my PT from $10 to $5 and am looking to get out quickly and cheaply. Any spike from here and I'll sell. This will clearly take much longer than I thought. Not only that, but it seems the only way out for shareholders is a buyout. Insolvency is on the cards. It's likely with Harris as CEO that a buyout does occur, but the pure turnaround is unlikely, breaking my initial thesis. Lessons have been learned and ultimately this comes down to the excessive cash burn. A $90m cash burn forecasted for this year is just too much for me to get my head around. Am going to research JD, IRBT, VFC and a few other stocks so I have an idea of what I'm going to put the leftovers into.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next