.................LOL!!!!!!!!LOL!!!!!!!!'Your buying hand over fist" .............................LOL!!!!!!!!!!!!! so in other words your buying a couple hundred shares.........................typical BS statement............this pile is going no where..........................
After months of DD digging an hitting on old resources..... i have done a total 180 degree flip an reversed my recommendation Game changer Xiaomi... the death of GaAs is not true, don't think so.. ANADIGICS wifi an other markets in Asia an other global markets to be very strong, don't belive everything you here or read ! cmos will not kill GaAs...technology..talking with physicist an techies in silicon vally an other anaylyst.. i rank ANAD as a game changer of the year watch come January 15 - 17th Annual Needham Growth Conference, New York, NY for some interesting news in the Power amplifier wars, Gallium Arsenide vs. CMOS dollars an sense! ....an facts to come out.. any one want to know why this has my attention..i have folled all the chips for years..every dog has its day..ANADIGICS has had support for so long in the .76 range ? after a nice bump in september.. well here is a hint Asia wifi an google fiber being run to asia as we speak been in the works for awhile .....all coming together. .for 2015 and beyond Xiaomi wants to take the lead # 1 from 3 now ..an it uses ANADIGICS technology and wants to expand its market/with the 25 years of patents there is now way around ... for any of the 25 global markets to get around ANADIGICS they are in everything... you can't imagine, yes some times i'm wrong an eat crow, i admit it i was wrong ,but that's alright... i smell like a rose in the end.....so here is to an exiting 2014 and entering 2015 for ANADIGICS an investors there will be NO DELISTING.. as i am buying hand over fist.. an putting my money where my mouth is..GLTA love to say more but i want all these cheap shares.... i can get my hands on.
.................go on vacation and come back only to see a "rinse and repeat" kind of day for this pile.............................................RED!!!!!!!!!!!!!!!!!!!!!!!!!! .74!!!!!!What a joke of a company.............
...can't recall if the loss of the Nokia business is what triggered their decline to .68. But it was a huge deal for them.
As I recall RFMD did go down to .68 area several years ago - I was lucky enough to grab 1k shares at .75 as part of my position. Sadly did not hold on long enough to reap the current benefits. Your point is a good one though. There are similarities with the RFMD story here. Restructuring, customer shifts, new product lines, no faith in management ( as many companies have), but it was more extreme for RFMD. I believe RFMD had lost a huge Nokia revenue stream to send it barreling down similar to ANAD losing the RIM business. But they started recovering and within 6 months went from .68 to over $5. A couple big differences - RFMD had more cash on the balance sheet, but had a 3 times larger float. If ANAD can start generating decent cash flow, $2 will be peanuts in my opinion.
You are right, they should be granted an listing extention 'til August.
From c.duddle's earlier post:
If the Company does not regain compliance with Rule 5550(a)(2) by February 9, 2015, the Company may be eligible for an additional 180 calendar days compliance period. To qualify, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and would need to provide written notice of its intention to cure the deficiency during the second compliance period.
Another funny post. Yes, I would think most would agree that a stock trading under a buck has some issues.....but keep this in mind. RFMD was once in the same boat...they reached a low of, I believe .68. The institutions and funds dumped them big time. However, given a little time they righted the ship and the rest is history. No retail investor is going to move the price of a stock, and common sense says that with the bull market charging forward what good would it do for any institution or fund to invest in a company that is not profitable and currently undergoing a company restructuring when their sole goal is to make money for their clients. When ANAD does show a break even EBITDA or a small profit you'll see the investors get into ANAD and accelerate the pps. Simply put ANAD has to put their money where their mouth is. The risk in investing long tern in ANAD at this level is well worth the potential reward.
Many RF design engineers do NOT stay with the same company for years and years. Yes there are many that do, but there are also many that don't....for various reasons. Some may feel they're being underpaid, some may get a better offer from a competing company, and yes, some may be unsatisfied....but to insinuate that the only reason RF engineers leave companies is because they are unhappy is ludicrous. RFMD/SWKS/TQNT.....they've ALL been luring each others engineers away from their current companies for years.
Restructuring.......they'll more than likely have until August 2015 to meet the requirement. If there was not a restructuring going on and there appeared no progress was being made to reach profitability, then I'd be worried, but they're on the right track. $2 next year at this time
Not much of a change. Perhaps second half of December will see some reduction in Short Interest.
Settlement Date, Short Interest, Avg Daily Share Volume, Days To Cover
12/15/2014 6,339,492 408,529 15.517851
11/28/2014 6,406,626 410,661 15.600766
11/14/2014 6,507,055 396,829 16.397630
I don't think the bank has any use for ANAD's IP -- it most likely is used as a collateral for issued line of credit. So, they must think, or were talked into, their IP has some value.
I don't think their competition needs ANAD's IP for they are obviously doing very well without it, and ANAD not so well with it. Perhaps it would have some value to someone trying to get into the field, or for their competition if they just want to buy them to shut them down.
I am sorry, but I just can't see ANAD's long-term viability. Even after their last restructuring and cost cutting measures, they are not capable of competing in the mobile market, so their operation is still not performing well. They are simply not as efficient as their competitors. Shift to higher margin infrastructure products, with higher margins also subject to competition and cost-cutting demands from OEMs, may provide only a short term relief. VCSEL is a big IF, if revenues there ever happen for them. Right now, looking through their reports, there is not a trace of ANY VCSEL revenues. Don't accept ANAD management's BS line of VCSEL revenues coming in, ask them to give you current and projected VCSEL revenues. Don't let them mislead you. Your hard-earned dollars are on the line. You could easily be doubling your investments on yearly basis if investing into their competition. Will you get a multi-bagger here? I doubt it.
Happy holidays and profitable future to you all.
Thanks fdv54320 for your input. Reports I have read indicate significant growth in demand for VCSELs. I am curious how ANAD will play in that market. I was also doing a little research on any IP that ANAD owns. I did a search of the US Patent office and found they assigned 84 patents to Silicon Valley Bank on October 24, 2014. Ten of these appear to be 2014 patents. Not sure what value they hold, but at least the bank must have felt there was some value. Maybe someone smarter than me would be able to discern value. Here is the link. http://assignment.uspto.gov/#/assignment?id=34056-641&q=anadigics
Thanks again to everyone for their input.
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Go ahead, bash it. They deserve it. BTW, The official 6 month deadline is Feb 9th, 2015.
Form 8-K for ANADIGICS INC
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Tra
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
On August 11, 2014, ANADIGICS, Inc. (the "Company") received a letter from the staff (the "Staff") of The NASDAQ Stock Market LLC ("Nasdaq") providing notification that, for the previous 30 consecutive business days, the bid price for the Company's common stock had closed below the minimum $1.00 per share requirement for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial period of 180 calendar days, or until February 9, 2015, to regain compliance. If at any time before February 9, 2015, the bid price of the Company's common stock closes at $1.00 per share or more for a minimum of 10 consecutive business days, the Staff will provide the Company with written confirmation of compliance.
If the Company does not regain compliance with Rule 5550(a)(2) by February 9, 2015, the Company may be eligible for an additional 180 calendar days compliance period. To qualify, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and would need to provide written notice of its intention to cure the deficiency during the second compliance period. However, if it appears to the Staff that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, the Staff would notify the Company that its securities would be subject to delisting. In the event of such notification, the Company may appeal the Staff's determination [...]