1. For the 1st time since 2007-2008 FORM reports $1M cash flow positive, traders knock the stock down.
2. For the first time since 2007-2008 FORM is expected to report a solid profit in Q3'13, traders knock the stock down.
3. Analyst raises price target from $9 to $10, traders knock the stock down.
Don't you love to meet the traders behind the scene responsible for playing this stock!
For the last 4-5 years revenue peaked in q3. And crashed for the rest of the year, if this pattern repeats their one quarter of positive cash flow will be the last. It may also be the end of CEO Tom. Also Microprobe revenue is now in decline, mostly do to intel but other causes also. It looks now that CEO Tom paid top dollar at the peak of the market for Microprobe.
I am not optimistic .