NNOX Stock Discussion

Nano-X Imaging Ltd. Description

Nano-X Imaging Ltd. develops a commercial-grade tomographic imaging device with a digital X-ray source. The company provides teleradiology services and develops artificial intelligence applications to be used in real-world medical imaging applications. Its X-ray source is based on a digital micro-electro-mechanical systems semiconductor cathode. The company develops a prototype of the Nanox.ARC, a medical imaging system incorporating its digital X-ray source; and Nanox.CLOUD, a companion cloud-based software that would allow for the delivery of medical screening as a service. It also offers Nanox.MARKETPLACE, which connects imaging facilities with radiologists and enables radiologists to provide, as well as customers to obtain remote interpretations of imaging data; artificial intelligence (AI)-based software imaging solutions to hospitals, health maintenance organizations, integrated delivery networks, pharmaceutical companies, and insurers that are designed to identify or predict undiagnosed or underdiagnosed medical conditions through the mining of data included in images of existing computed tomography scans for osteoporosis and cardiovascular disease; Teleradiology Services, which provide imaging interpretation services for radiology practices, hospitals, medical clinics, diagnostic imaging centers, urgent care facilities; and multi-specialty physician groups, contracts, and radiology readings. The company was founded in 2011 and is headquartered in Neve Ilan, Israel.

Sector: Healthcare
Industry: Medical Devices
Keywords: Medicine Mining Pharmaceutical Artificial Intelligence Semiconductor Imaging Telemedicine Cardiovascular Disease Medical Imaging X Ray Medical Physics Diagnostic Imaging Radiology Image Processing Osteoporosis Tomography Diagnostic Imaging Centers Imaging Informatics Picture Archiving And Communication System Artificial Intelligence Applications Teleradiology
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TraderMike over 1 year ago

I've been watching this since it IPO'd in 2020 & it's been a wild ride to say the least. (and I traded it a few times back in its early days)  It got a nice 68% pop today thanks to an FDA approval.  I'll be watching it more closely now looking for a pullback or consolidation setup I like.  It wouldn't surprise me if the company does a secondary offering soon to take advantage of the FDA news.

Also, I see from some of their headlines that they have an AI offering.  That could translate into it becoming a meme stock, so there's another reason to keep an eye on it. 

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SwingScalp over 1 year ago

Been watching it too for a couple of years, but had no position so missed the pop.  Congrats!  Will be looking for an entry, but agree they might do a secondary soon so could get whipsawed.

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TraderMike over 1 year ago

And they've filed a secondary... right on time

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SwingScalp over 1 year ago

This one just kept climbing...

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TraderMike over 1 year ago

Yeah, it's been unreal! I thought it would at least take a little rest after they announced the stock offering

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SwingScalp over 1 year ago

I was looking for sales to short, but they were hard to borrow and thankfully they were a few days ago :)

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TraderMike over 1 year ago

LOL... sometimes the brokers do save us from ourselves!

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SwingScalp over 1 year ago

Indeed, they do!

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TraderMike 9 months ago

Ugh... my NNOX saga continues. I bought this Monday but got shaken out Tuesday as it pulled back along with the broader market. It's set to gap up 70% this morning after news that NVDA has invested in NNOX. 🤦‍♂️🤷‍♂️

Maybe it will give me another spot to jump in today. The fact that NVDA is involved could give it a lot of hype

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TraderMike 9 months ago

5 minutes later and it's now up 115% 😢... Still 12 minutes until the market opens. This will be be an interesting day for NNOX

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