Well, i guess i was wrong going back about a week ago. I said $ 3.9 mil in sales and a $ 750,000 loss. They did 3.3 mil and lost $ 1.5 mil. I think someone on the board questioned me why such a low sales #. I'd like to know what Gayn is taking to say that he was "PLEASED" that sales were higher this quarter compared to the same quarter last yr. What an a hole.
I interpreted his comments as he intended, a comparison of one cyclically weak quarter to that same quarter a year earlier...I believe he "wasn't satisfied" with the sequential quarter revenue decline, which you may be disappointed with...I am too.
The CC wasn't very positive, and remaining cautious about providing guidance, but actions speak louder than words, and the recent buying shows the support and commitment of key employees/officers. It could be a while before these actions are supported by positive results.
The good thing, which was mentioned during the CC, is that this is the 4th quarter in a row with increased revenues year over year. Also, it would seem inappropriate to go on the CC right after insiders bought 10% of the company and try to drive the share price up with overly optimistic statements. Better to let your actions speak as you say. 3 to 6 months will tell the tale. Either orders come in or the game changes.
As far as short interest, the current 60 is down from what was still a small number of 6,000 or so a few weeks ago. Not enough to worry about either way.
Well, I guess you also were wrong when you said "looks like aehr is out of cash and has no way to get a loan to last longer than 6 months" and they managed 1.3M from insiders and investors who bough shares a 20% higher than the market at that time...
yes, what did they raise $ 1.1 mil. LOL, they lost $ 1.5 mil bud. You must be the kind of guy that is jumping for joy that they did 3.3 in sales. They didn't get a loan dude, so i was right. Let them have a similar loss this next quarter and they will be in the same position. . Inventory must be obsolete and nothing new until at least 10 months. I'm tired of arguing with a holes like you i'm gonna go and listen to the cc.