based on AIRNs history of questionable PRs, why do you so willingly follow them??? Isn't it just like Eric to announced a horrible Q and then throw out some big contract. One that probably won't even happen.
"based on AIRNs history of questionable PRs, why do you so willingly follow them??? "
"Isn't it just like Eric to announced a horrible Q and then throw out some big contract."
I don't know if the CEO is lying, just clueless when giving guidance, or is being lied to by the Controller and CFO, but there is obviously a problem here. I'm pretty sure I figured out what happened with the $19M shipments instead of $23.4M+ they guided. He included that $4M that got delayed in the 3rd quarter because of the customers with credit issues. That was the wrong thing to do. He should have said in the 3rd that guidance for the year is between $75M and $80M depending on if those credit issues are resolved. I have no idea for the life of me why he just doesn't do that. Why does he have this incredible urge to over-promise and under-deliver? Amazon dot com does the opposite... and everyone is happy. Imagine that.
So when 4th quarter report comes out and guidance is given... and he thinks they will have revenues of $17M.... he better just say the range is between $15M and $17M. If he gets beyond $17M, the stock takes off instead of declines.
As for why I keep following AIRN and keep invested... I was told by a psychic that the company would have a big business announcement and that I should stay the course.