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FARO Technologies Inc. Message Board

  • palosparkflash palosparkflash Jan 11, 2013 2:13 PM Flag

    10% drop for terminating Senior Vice President and Managing Director ??

    Seems a bit excessive. But FARO is a low float stock. Past drops have been followed by a sharp recovery.

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    • FARO has great products, but since the misses in July and October of 2012, I have been cautious and I thought the issue in all world regions was manufacturing customers of all types would continue to be tight with capital spending. I think that is what happened in July and October. Perhaps the North American sales team made too many promises to the CEO for too long about getting sales numbers higher. I can only assume we should be prepared for a miss in North America this quarter. I also wonder how Europe's numbers will look this quarter.

    • The market is over done. Three month growing up was destroyed on day, with no more than half million share? We can see market manipulated. I load a lot. Wait till Monday.

      Sentiment: Buy

39.52-0.16(-0.40%)Oct 8 4:00 PMEDT