Here are my thoughts:
1. CCSI has an excellent TECHNOLOGY. We are seeing only the first application (bilirubin device). This device is critical for the company because it will give the company the credibility and the cash needed for the development of other applications (in the medical, dental, cosmetic and industrial area).
2. The product will revolutionize the bilirubin testing. One don't need a lot of DD (although I did) to see this. Common sense and some deep thinking is the only thing you need. From my DD, I know that the market is huge (over 1 billion imho).
3. CCSI has delivered everything it promissed (FDA approval, internation PR firm, international accounting firm...). The only "problem" is the timing.
4. Now only the partnership deal is needed. Everything points in the direction of a big deal. Although I must admit that I am very impatient (NOT nervous), I don't let this feeling win. Since I am for the long term in ccsi, timing isn't really important for me. What matters is the story, and the story is exactly developping as it should.
5. If the deal is as big as I believe, it is definitively NOT factored into the price. After the deal is announced, ccsi will immediately soar for two reasons: a lot of big boys don't buy without the deal, so they are sitting on the sidelines till the announcement; then watch out. The second reason is the huge short position: imho there are right now 3 million shares being sold short (the confirmed April figure is 2,6 mil). I estimate that the real float is also around 3-4 mil. That is what I call a scenario for a huge short squeeze. Until now, the highest volume on a day was around 700 k. Wait till the day we will have a volume of several million. By this I mean that there will be some selling after the news, but it will be quickly absorbed by new buying and short convering. After this first runup, the price will settle down. Then, the first strong buy recommendations will come in (for example from Lehman) and we will see a steady climb. The next important step is the first quqrterly report. When ccsi shows the street the money, watch out. And the story will continue: ccsi will have big earnings, develop new applications... In a few years, it will be a BIG company.
6. I am here to make a lof of money ... I know I will. But what is also very important for me is that this company bring great relief to children, parents and nurses. Don't forget that.
Well, that is all for now.
Good luck
Manfred
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