ClearPoint Neuro, Inc. (CLPT): A Bear Case Theory

We came across a bearish thesis on ClearPoint Neuro, Inc. (CLPT) on Twitter by Fierce_beast. In this article, we will summarize the bulls’ thesis on CLPT. ClearPoint Neuro, Inc.'s share was trading at $12.41 as of Oct 14^th.

[caption id="attachment_1211909" align="aligncenter" width="768"] A close-up view of medical devices, electrical stimulation electrodes, and batteries.[/caption]

ClearPoint Neuro ($CLPT) appears significantly overvalued, with a current price-to-sales (P/S) multiple of around 10x, nearly double what seems reasonable. The company has seen a 120% stock increase...