i saw 1.88
un the end of
stocknewsflow site i put
you cant put here full link
i saw this
PRELIMINARY PUBLIC OFFERING TERMSIssuer: RADA Electronic Industries Ltd.
Type of Offering: Public Follow-on Offering
Book Runner: Chardan Capital Markets, LLC.
Offering amount: Up to $8,500,000
Option: 15 %
3Capital Markets PerformancesMarket Cap $18.0 million
90-Day ATV $1,800,000
EV/EBITDA (LTM) 14.3x
Preliminary Offering Terms
can anyone explain?
So the owner of the shares exercised and dumped making the difference between 2.09 and the current price.
Yup. It is very early on but like you said, if it tests well then who knows how big orders can be.
Give management some credit for at least getting it's foot in the door with the USDD. Maybe we turn out to be the ISRG of defense?! Heck a guy can dream, can't he?
Even though the sale is just for testing and evaluation, naming a branch of the U.S. Military gives this announcement some added weight the others did not have imo. This testing could lead to a large order and possible use by other branches as well.
I did sell 1/4 of my original position at at 2.22 (and at a loss) but I am starting to think that today's move might hold and then some. Just seems like different action then on the other announcements. We shall see.
UltimateStockAlerts has been killing it lately. I just made 57% over their last two plays. I know this sounds like a scam but they only alert NYSE and Nasdaq (no pennies) so there is actually money to be made
I agree but hold in hope that one of these days the stock at worst, holds it's gains.
History shows it is a serial 1 day wonder followed by long period of selling off. Did it in March again in May and now for a second time in July. Any reason to believe this time will be different?
NETANYA, Israel, July 28, 2015 (GLOBE NEWSWIRE) -- RADA Electronic Industries of Netanya, Israel (NASDAQ:RADA) announces the purchase of a Multi-Mission Hemispheric Radar (MHR), by a branch of the US military for testing and evaluation of its capabilities. This purchase, which is the first by this branch of the US military, follows previous purchases of MHRs by leading US integrators and end users for similar purposes. The MHR will be delivered before the end of 2015.
The MHR -- an S-Band, software-defined, Pulse-Doppler, active electronically scanned array radar -- has sophisticated beam forming capabilities and advanced signal processing, provides multiple missions on each radar platform, and offers unprecedented performance-to-price ratio. It is compact and mobile, delivering ideal organic, tactical surveillance solutions for force and border protection applications such as counter rockets and mortars, counter unmanned aerial systems, ground moving target indicator and air surveillance.
Zvi Alon, RADA's CEO, remarked, "We are very pleased with the growing interest in our radars by the US market, which we believe will be one of the most important markets for our radar technology."
The Middle East always seems ready to boil over....with ISIS on the move, Iran ready to have nukes in 10 more years, etc, doesn't it seem like this stock is a screaming buy? Full disclosure: I don't have any RADA now but did trade in & out of it a while back. Opinions please
The Company receives this approval however no news release to Financial news? This is major and certainly should have been put out there for investors to see.
Israeli television (all channels) reported yesrerday that the IDF selected RADA's MHR system (over Elta's) for the short range protection of Israels population around Gaza. It is a major achievement of Rada especially against a product offered by Elta. Yet, nothing is said by the company. The problem of Rada is that while orders for its new products, like the MHR are coming in payment for such orders will came in starting end of 2015. At the same time sales of Rada's old products are on the decline and that is why quarterly numbers dissapoint. Investors need patiant and hope for day traders to give up and abandon the stock