Aug. 14 at 6:04 PM
$QSI The most bullish development over the last 24 hours is the number of retail shorts that have come out of the woodwork. Why? Because they’re the least informed and most consistently failed category of investors.
The slip doesn’t bother or surprise me. This is incredibly complex R&D. Proteus is being designed to do things that have literally never been done before, and that no one else is close to doing. This will not be a NAUT situation where the launch is repeatedly delayed for five years.
The fact that the slip was leaked five minutes before it was publicly announced DOES bother me, and the CFO should be fired because of it.
Three big positives coming out of the call: 1) 250 qualified leads have signed up to receive more information about Proteus. 2) QSI is shifting to an application-centric focus and will be developing application specific library kits. 3) Related to that, the company is expanding into non-human proteomics, which adds another
$4 billion TAM to the mix.