idiot...hill and other insiders sell like there is no tomorrow..hayssen with his 5k shares only is just for the trap....
btw, do you own any shares....or just pumping?..i am still short...sold and new short in...thank you...
what is your position?..care to share???
Sentiment: Strong Sell
He is the only buyer. Most are selling...
Nov 26, 2014 HILL JOHN P
8,182 Direct Sale at $13 per share. 106,366
Nov 25, 2014 HILL JOHN P
4,139 Direct Sale at $13.05 per share. 54,013
Nov 24, 2014 HILL JOHN P
7,428 Direct Sale at $13.02 per share. 96,712
Nov 24, 2014 HAYSSEN CHARLES N
5,000 Direct Purchase at $13 per share. 65,000
Nov 20, 2014 HILL JOHN P
11,143 Direct Sale at $13.10 per share. 145,973
Nov 18, 2014 HILL JOHN P
4,108 Direct Sale at $14.17 per share. 58,210
Sep 10, 2014 HAYWARD DONALD R.
4,900 Direct Option Exercise at $5.34 - $5.91 per share. 28,0002
Aug 27, 2014 HAYWARD DONALD R.
5,056 Direct Sale at $13.93 per share. 70,430
Aug 26, 2014 HAYWARD DONALD R.
4,444 Direct Sale at $13.85 per share. 61,549
Aug 23, 2014 HILL JOHN P
5,559 Direct Disposition (Non Open Market) at $13.61 per share. 75,657
Aug 23, 2014 HERZOG DANIEL R
1,986 Direct Disposition (Non Open Market) at $13.61 per share. 27,029
That must have been why Charles Hayssen just bought $65,000 on the open market. In terms of Google etc. you obviously need to do more DD.
Sentiment: Strong Buy
insignificant gesture, if they even do it will go to options for execs. who by the way continue to sell at these prices. A 1 yr. chart shows this co. in steady decline. Lower highs, lower lows.
I think it will be interesting how they do the buyback.....buy periodically with set amount of buys on a weekly/monthly basis....or buy at a certain price point that they feel is of value (or a combo). It doesn't appear that any purchases have been made since the announcement.... with the daily volume significantly below ave volume.
While we trend water here waiting until events catch up (or catch fire)....it is a good feeling knowing that there are a half+ million shares waiting to be purchased and Niles continues to feed us info (thanks Niles)
I doubt the buy won't happen. I just hope they make the most of it and buy at the bottom, but as we know that is easier said than done...
bengstonsteve....The buy back might happen, but they are under no obligation to do so. We will see next week whether any shorts are scared, but i doubt it. Also, the buy back is good (if it happens) as long as they do not dilute shares with option grants. The share total has grown considerably, maybe 10%, in the last few years. The 8m would have provided a nice dividend for investors, say 10 pennies per share, over the next 6 years, if they had been interested in rewarding the stockholders... AND I would have loved to get those dividends paid by the shorts.
Another Clearfield customer, cable operator Midcontinent Communications (Midco), announced this week they will be upgrading their entire subscriber base to gigabit speeds starting in 2015. Midco has 600K residential and 55K business subscribers and they plan on using gigabit fiber connections for the business upgrades. On the residential side Midco will use DOCSIS 3.1 technology when it becomes available and will likely push fiber closer to the residence to achieve higher speeds.
Advanced Optoelectronics Inc. (AAOI) announced last week on their quarterly conference call that they will not be shipping their next generation WDM-PON transceivers to Google Fiber. The company took down their 2015 FTTH division revenue projections by 60%. AAOI management stated that Google has decided to forego their new WDM-PON solution and stay with the same technology that they used in Kansas City despite WDM-PON being a more economical solution.
This is an interesting development. Mark Strama, the new chief at Google Fiber, may have got a clear message from above that WDM-PON, which is unproven in large scale builds, presents too much deployment risk. If the priority at Google is to push out a working gigabit fiber network AFAP using proven technology vs. conducting science experiments to shave every penny off the overall cost, this would be a positive development for CLFD.