I just bought a bunch at 6.07.
Here's a tip I learned over the years. There are two types of dips after earnings release.
1) Dip where company announces poor earnings for prior quarter and thinks it will take awhile to get where they want to be.
2) Dip where company announces poor earnings for prior quarter but thinks future quarters look real good.
With dip #1, the stock dives, then goes up, then dives more, and then keeps diving after everyone realizes that they will have to wait a long time to make money.
With dip #2, the stock dives on what I call "initial reaction" to quarterly earnings, but then moves back up when people realize that the future looks good.
Airspan just took a dip #2. The bad news is out, the good news is that the company is the leader of WiMAX. I say, THE -leader- NOT one of the leaders. This is because Airspan has equipment being tested all over the world, their equipment is -certified- by the WiMAX Forum, and their products are working so good in Japan that they got expansion orders.
One is smart to get out when dip #1 happens, and get out right away before the stock continues its slide. One is even smarter to take advantage of dip #2.
The guy is a joke. If you look at all of his old posts all that he says that he does is buy buy buy. Whenever it was going up he says, "Better buy cause it is going to the moon." Whenever it was going down he says, "Better buy because this is selling at a huge discount right now." I only ever found ONE post where he said that he sold and in that post he said that he was going to buy back in another week. But he says that his average is like .80 cents. That is pure #$%$!!Then he runs around bashing other stocks in the sector all day long and doesn't expect to get hammered.I still haven't totally figured out if he works for Airspan, or if he is a complete idiot.
He can't show nothing, Ibarf.
He can show posts of him telling that he sold shares months before, but never any posts of him selling the day itself.
Doesn't matter...this guy (if he is a genuine "investor" and not just an insider trying to pump) stands to lose his entire investment. He thinks delisting won't happen because they avoided it last time...guess what...I doubt very much that here is another "OAK" ready to step up the plate.
I even doubt that any bank will give AIRN an additional credit facility.
So...what are AIRN's options to avoid delisting?
DO YOU REALLY REALLY BELIEVE THAT AIRN CAN TURN PRICE DIRECTION AROUND BY THEIR RESULTS????
DO YOU ACTUALLY BELIEVE THAT AIRN WILL EVER MAKE A PROFIT?????
DO YOU REALIZE THAT AIRN HAS TO PRODUCE QUARTERLY REVENUES OF OVER FORTY MILLION DOLLARS TO EVEN STAND A CHANCE OF BREAKING EVEN????
DO YOU REALIZE THAT THERE IS A REALISTIC CHANCE FOR AIRN SHAREHOLDERS TO LOSE EVERYTHING????
Buying AIRN shares isn't investing, it's pure gambling.
I am deucieboy
Thanks for that post AA. We all needed education on the two different kinds of dips.
What do you call the dip from $6.00 down to .70 cents. What kind of dip is that?
And your post says that AIRN is "THE Leader in WiMax". If they are THE LEADER, then why are they on the edge of getting de-listed?
I don't know what "commending" a post does, so I'll come right out and say that you're WAY too good (i.e., smart) to be postin' roun' here, but I'm glad you are!
Words of wisdom -- and jives with my exper. I am concerned, however, that the advgs you allude to are "fleeting" in the wonderful world of hitech.
As someone said (whatever his motive), big growth in revs. without being able to make a dime is NOT a good thing.... And mgt. payin' itself super-handsomely in the face of at least a little miscalculation and over-optimism rubs me the wrong way.
Well, this is a smallish investment for me -- part of my triple-A play (ARRS and ATHR being the other 2 legs of my stool.)