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OCZ Technology Group AŞ Message Board

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  • brandiisaretard Jan 25, 2013 9:33 PM Flag

    By the numbers...

    Coming from a long term bagholder....

    The numbers from previous quarters are meaningless, the stock is already priced for bankruptcy which is where we were going under Ryan Peterson's leadership.

    What we are looking for is cash position, and future guidance. As long as R.S. gives guidance of being cash flow positive before we run out of money this stock is flying straight up to $4-$5 overnight. If guidance looks gloomy, here comes $1 but i highly doubt he gives gloomy enough guidance to drop this past the $1.80 resistance ($2 range).

    We need a sign that the cash position has not dwindled too low. The company must have adequate cash on hand since Wells Fargo has us on a short lease. We need to hear how R.S. plans to infuse capital without too much share dilution. At these price levels it is hard but not impossible. R.S says that infusing capital is easy and we will need to infuse capital before the company can be cash flow positive but he is simply trying to get the best terms. So, far, we have been able to successfully operate and pay off Wells Fargo by liquidating our inventory. The company has no real debt to speak of yet. The 7 million we owe to Wells Fargo should be much less than our cash on hand.

    R. S. said that we need 110 mil to be cash flow positive. That is not a hard number to hit, in fact we have already hit that number. This is a different business model however, where we focus on high margin and lower numbers. We are looking for future guidance above 110 mil revenue within the next year. Expect our revenues to have significantly decreased.

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