Exchange: NASDAQ·Updated 02:37 PM EDT
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CODX Co-Diagnostics Inc

$0.7701
$0.2949
(27.69%)
Today
EarningsNov 16
Mkt Cap$7.93M
Vol745,516.00

About CODX

Co-Diagnostics, Inc. engages in the development and innovation of molecular tools for detection of infectious diseases, liquid biopsy for cancer screening, and agricultural applications. Its diagnostics systems enable very rapid, low-cost, molecular testing for organisms and genetic diseases by automating historically complex procedures in both the development and administration of tests. The company was founded by Brent C. Satterfield and Dwight Howard Egan on April 18, 2013 and is headquartered in Salt Lake City, UT.
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Neutral Sentiment

How do you feel about CODX?

Millones
$CODX Overvalued and overweight. Less than $3MILLION in cash, added gross toxic terms liability loan with lien for entire business enterprise, next to zero revenue, price estimate lowered to $0.45. If quorum gets met today and measures approved, see y’all after the next reverse split. The SEC filings and fundamentals no longer match up with the artificial press releases. Fiscally and ethically irresponsible management/BoD. Best of luck.
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FilthyPeasant
$CODX Known Q4 catalysts include commercializing in North America (FDA 510k+CLIA waiver application pending) and commercializing in India (CDSCO approval of TB test pending). There's also intriguing opportunities for UN/WHO to 'recommend' the platform and help to market it, which seems likely in the future given that UN/WHO invited CoDx this summer to Bangkok to meet with heads of foreign governments and demonstrate their new platform. Also at that event, UN/WHO wanted to help heads of foreign governments in submitting grant funding proposals/requests to UN/WHO to purchase the platform. Billions of addressable market and it's trading for $0 EV ahead of approval because of historical sins of mgmt/delays in development timeline. glta
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Antiquarian
$CODX Seth Egan, Chief Commercialization Officer, will represent the Company at two global health events during the 81st Session of the United Nations General Assembly in New York City The Company will attend a reception, convened by UN Under-Secretary-General and UNOPS Executive Director Jorge Moreira da Silva, that brings together UNOPS leadership with executives and board members from across its hosted partnerships, including the Stop TB Partnership. Co-Dx will participate in this side event of the UN High-Level Meeting on Pandemic Prevention, Preparedness and Response ("PPPR"), convened by Indonesia's Ministry of Health, Japan's Ministry of Health, Labour and Welfare, and the Stop TB Partnership. The discussion will examine how lessons from the global tuberculosis response can help strengthen preparedness for future respiratory pandemics https://www.prnewswire.com/news-releases/co-diagnostics-to-participate-in-global-health-events-during-un-general-assembly-week-302887021.html
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Dany_italy
$CODX How can they participate in events if they don't even have the money to cry? These are in total desperation and continue to spend money. This is fury. They are not capable. They had their stroke of luck under covid but now the reality is different. It takes a miracle with these elements imho
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SmallPhish
$CODX This company is selling shares to pay around $1 million in salary and benefits to Dwight Egan and his 2 sons
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FilthyPeasant
$CODX This UN event is tantalizing. Remember, when they went to Bangkok back in June at the invitation of the WHO, the point of the event was to demonstrate our technology to the Secretary of HHS-equivalents for various emerging world nations. The WHO was prepared to help Public Health governmental leaders at the event submit grant funding proposals to the WHO for purchasing these devices to expand diagnostics availability and pathogen-tracking in the corners of the world where it has yet to take hold (ie. India, SE Asia, Subsarahan Africa,etc.) Better days ahead in Q4 and they're on the verge of commercializing!
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MediaAccount
$CODX what happens if someone or a some fund buys entire float? Just wondering. There are only 6.13M shares. Just hoping for a spike like we saw in June to $11.
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FilthyPeasant
$CODX FDA 510k & CDSCO approvals of PCR PRO coming in Q4. Might see a formal recommendation from WHO for our platform, as well? exciting times ahead!
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insanitywolftrading
$CODX My entire portfolio is based around war, inflation, security hazards, crisis. Today is actually the most significant day of catalysts for all of it. I expect a lot of things to go wrong at once and there is a possibility that Ebola or infectious disease is part of that. The Behold a Pale Horse thesis is not particularly cheerful, sure, but it does have more confirming evidence than any of us should be comfortable with.
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bundy3333
$CODX That doesn't matter. The pumping to more than $ 1.25 could have been good enough for J.J. Astor & Co for shortselling CODX, as they know what's happening with the share price as soon as J.J. Astor & Co has been mentioned. Together with the average net rate of 26 % per every 4 months (33 weeks divided by 2 weeks - about 75 % per year loan interest rate) even that CODX CEO should know that the dead cat is not only dead but buried tight.
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Millones
$CODX Maxim Group beating the war drums again. Pray for us in the next upcoming round of dilution and corporate restructuring.
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MediaAccount
$CODX only hope is acquisition by a big company. Nice product line but no lifeline as they are almost out of cash to survive. Not sure if they could dilute more at a share price below a $1
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insanitywolftrading
$CODX at 292k shares traded today compared with 110 on Oct 9 and 139k on Oct 8. Elevated for sure, still can't find any news driving it, could be just noise.
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insanitywolftrading
$CODX They've gone all in on Ebola stuff. The Ebola outbreak has worsened all year but is still in the category of news that people can ignore. Given that these guys were able to pull the COVID EUA that sent this tiny dingleberry to 700 dollars a share, do I think they have a nonzero chance of being able to pull an Ebola EUA if the outbreak worsens? Yes, non zero and when you adjust for the potential return I have to go with the timeless words of Bixby Snyder from Robocop.
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SmallPhish
$CODX Good day of fundraising on volume of nearly 900,000 and no increase in share price. Ebola PRs are good for selling new shares
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thatsolardude365
$CODX investors: an open class action alleges Co-Diagnostics hid collapsing demand for its Logix Smart COVID test. $6.5M settlement, about $0.36 a share before fees. Claims close Jan 6. Open Class Actions.
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Millones
$CODX Announcement coming soon regarding update/unveiling of the new CoMira facility. It will coincide with the one year anniversary and the upcoming biotech conference in Dubai. As similar to other announcements, it will likely be the precursor to the dilution event. Be on the lookout. Additionally, expecting an after hours SEC filing detailing the shareholder meeting. It doesn’t appear the company has met quorum, again, which would be an unprecedented third time failure. Although if measures were passed, and reduced quorum amendment accepted by shareholders, the reverse split and dilution special meeting will come quickly. But since it hasn’t been announced yet, I’m leaning towards another lack of quorum filing. Keep an eye on this over the coming weeks. Company is likely on their last couple of dollars for maintaining operations, so a Hail Mary may be coming. As always, NFA and DYOR. Best of luck 🧬🧮🕰️™️
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Nik_CA
$CODX is defying laws of physics. At onset of upcoming RS proposal, the SP should nose dive around $.50 BUT instead it’s holding well over $1.
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mexx
$CODX Hello, my fellow stackers! Did I miss something during my long absence? 😄 What’s the latest on the approvals? Are we still staying above $1.X? And what happened to the “months, not years” Mormon prophecy? 😂 Greetings form down below.
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skiphil
$CODX this partnering to do blood based detection is a joke. All the crap in blood is notoriously bad for a good PCR reaction. ReadyGo can get DNA out of a sample. CODX can do PCR on DNA. Sounds like a match made in heaven. But from what I have read, neither of these companies has the tech to clean up a blood based DNA sample well enough to get PCR to actually work on the result.
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