1. We have a couple of settlement discussions going on (or at least scheduled). A positive outcome on at least one of these and we'd start moving up significantly
2. Q3 revenue forecast - from conf call, sounds like it should be strong
3. Acquisition - if qcom is taking a second look, I suspect they are pretty serious and may decide to move quickly before someone else steps in.
If any of these happen, I think it will be well before spring. At the moment, it sure doesn't feel like anything will happen soon, but sometimes when you least expect it....
In the meantime, I'm taking advantage of these prices when I can. To think you can buy shares of a company with explosive growth ahead of it for a mere 60-70 cents/share just defies logic.
i agree, I think the company at .61 right now is extremely undervalued. Mobile is supposed to grow humongously in the next few years, and AUGT has been growing rapidly. Soon they will have a good balance sheet and cash flow positive to show Wall Street. I am in at its 52 week low and will hold as long as it takes to get a 500% return. This will be a 3$ stock one day.
If you just figure they maintain their 15-20% growoth rate or anywhere close to it, they are at a $50 plus million run rate in less than a year. They'll be at 2 5 million plus in trailing 12 months just after this Q. Amobee was bought at $321 milll at only 16 mill in trailing revs. At that revenue they should easily trade at close to the same 9 multiple MM trades at. Go ahead and even discount it to a 6X and the stock should easily trade at $3. That's with no value though for the patents and it seems like there is stome good stuff starting to maybe develope on that side. Stock is so cheap its sickening.