As of: Sept 30 2019
Shares Outstanding (latest from broker): 17.3m
Cash: 2.544m (Jan 28 2020: +$5m closed offering, Feb 13 2020: $10.2m closed offering)
Current liabilities: 307k
Current ratio: 10
NWC (total current assets - total current liabilities): 2.777m
Accumulated deficit: 23.154m
Book value per share (Stock holder equity / Shares outstanding): 0.192
Monthly Burn rate (net cash used in operating activities / months): 433k
Estimated current cash: 15.58m (counting recent offerings)
Baby Shelf Exemption price per share: 4.33
Enough cash for 35 months
$25m S-3 Aug 2018, $4.3m left
PR on Coronavirus: Co-Diagnostics, Inc. Designs Test for New Coronavirus Using CoPrimer Platform
Receives CE (Europe approved) Mark for Novel Coronavirus Test
March 11 2020: WHO officially calls COVID-19 a global pandemic
March 13 2020: US declares COVID-19 an emergency / says US will partner with Teladoc Health
April 16 2020: COVID-19 Test Technology Validated for Use on Saliva Samples
-Intraday pattern: Mountain
-Levels: 14.30, 15, 15.50
First test long of 15 level with whole dollar, vwap and 15 minute market structure confluence
Was a good setup to take with full size but it went further than anticipated and I couldn't add more emergency lots because margin was restricted... Ended up waiting for a small pop to take the loss, the trade ended up working 10 minutes after, shame...
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-04-20 09:49:01 | CODX | buy | $15.100 | long |
2020-04-20 09:49:01 | CODX | buy | $15.100 | long |
2020-04-20 09:49:02 | CODX | buy | $15.070 | long |
2020-04-20 09:49:03 | CODX | buy | $15.070 | long |
2020-04-20 09:49:03 | CODX | buy | $15.070 | long |
2020-04-20 09:49:04 | CODX | buy | $15.030 | long |
2020-04-20 09:49:04 | CODX | buy | $15.030 | long |
2020-04-20 09:49:07 | CODX | buy | $15.050 | long |
2020-04-20 09:49:07 | CODX | buy | $15.050 | long |
2020-04-20 09:49:08 | CODX | buy | $15.050 | long |
2020-04-20 09:49:53 | CODX | buy | $14.900 | long |
2020-04-20 09:53:02 | CODX | sell | $14.920 | long |
2020-04-20 09:54:49 | CODX | sell | $14.870 | long |
2020-04-20 09:56:12 | CODX | sell | $14.780 | long |
2020-04-20 09:56:12 | CODX | sell | $14.790 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!