mchedester
Long

Biocept - Buy the negativity. The revenue doesn't mind.

NASDAQ:BIOC   BIOCEPT INC
17 1 0
Biocept             has the best-in-breed liquid biopsy testing in the Immuno-Oncology space. Market cap is 70 million, but it's going to be several billion in a few years if they don't get bought out first.

Revenue in the second quarter ended 6/30/2016 increased 8 fold to 663,000 from 77,000 last year. This revenue only included half of June for their commerical launch of its PD-L1 protein expression test in mid-June. Frankly, I’m surprised that they didn’t burn through a lot more cash and issue a lot more shares considering their disastrous dilution last year. Their expenses didn’t go up as much as I was expecting either, and they’re sitting on $3.8 million in cash.
mchedester
3 months ago
I usually don't buy microcaps, but this isn't going to be a microcap for long. GLTA
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