Listened to conference call think idle plant costs could be dismissed by analysts and investors, looking out to december/january profitability likely will return, cash position went up, no debt. Six inches delaying things a bit but wouldnt be surprised to see it green tomorrow. Fact is sapphire prices are improving.
maybe, but i doubt it trades to where i feel it belongs, which is $5-$6. Which means it'll stay on the watch list and I'll play elsewhere until then. Actually it was at those levels for quite a while, and nothing has improved with the fundamentals for the company since. All that money out there has to go somewhere though, so the rising tide of the market lifted a lot of boats like RBCN that it shouldn't have. That and the war with the shorts. Everything reverts to the mean eventually, including this overvalued stock.
huh? you'll stay on the sidelines until it reaches 5-6 them you'll buy? then, what is your target price? you're a joke. yeah, i'm po'd they missed especially after GTAT reported but your comments are still drivel.