Their losses are $0.50/share for the 2ND and 3RD Quarters, Losses at least for the 4TH Q and into the first half of 2014. Restatement on 1Q 2013 and going back into 2012. No cash after the 4TH Q...so dilution is assured on a company that ships $300M/year, has no cash, wants to grow at 20% and is projecting losses well into the future. Institutions for the most part are leaving or have paired down their level of investment which makes anything except a PIPE with stock and Warrents unlikely. OCZ's biggest asset Indilinx is on the Table with WFCF and has a value of $32M...less??? So is their any Equity left and do we see under $1 before long?
Keep smoking dope, this will be either approaching $3 or over on March 1. The past has been cleaned up, old products written off, new products #1 in the market or close with even better ones coming soon, profitable THIS YEAR, new deal on financing a week away, debt MUCH lower, costs reduced with layoffs and inventory reduction, higher margins on Vector and new products coming, etc. The current price down from $7 in July has a much BLEAKER future PRICED in, but there will be no delisting as SEC agreement in place and approved, will be implemented in 17 days or less, no BK possible as cash alone is higher than debt and new financing in place THIS MONTH, profits coming within 2 quarters. The 20 million shorts bet heavily on a delisting or BK, but they loss that possibility. The shorts have been losing money since November 23, and WILL LOSE a lot more VERY SOON. You have been warned by the MASTER, all I can say for now.
you are a moron wrm. Everything you wrote was already known for months which is why the share price fell to under $1.50 in the first place. Notice how there are no sellers at this level considering we are only a couple weeks away from such a bad report? Why isn't this selling off in a big way leading up to the report??