they knock the cover off their guidance. That is what we WANT, and it's looking more and more like they are in position to do JUST that.
"eMagin reaffirms its 2012 revenue guidance range of $30-$34 million. The Company expects contract revenue to increase during the balance of the year due to greater activity on existing contracts and to new contracts."
Hold up that sauce on mine, please.
"No incentive for EMAN to buy back and support stock price."
Uh, check that. Maybe the fact that they could easily double their invesmentt in the next 6 months by be considered an "incentive". Or from the facy that the company will have no worries in knotching a 20 to 50 cents a share NP this 2012 year.
Less of course that you think eMan's needs to be spending their COA somewhere else, maybe on KOPN stock, lol.
Or perhaps they just announced the buyback with the sole intention to deceive, covertly intending to only buy the 25m shares already re-aquired last quarter. Personally, I'm filing that scenario under the "ridiculous" category. Management has warrents already on the books, issued to key personel, which reinforces the idea that they indend plan to see the PPS rise.
Applesauce, ya not the boss.
No incentive for EMAN to buy back and support stock price. There is no need to raise additional capital and the longer the price stays low the less cash required when they exercise their stock options. Also, no threat of a hostile takeover since Stillwater has complete control of the shareholder vote.
power of pos.thinking?
how to win friends and influence people?
Buffet/ACarnegie Having conversions late in life
loving their neighbors and all that after having
ruthlessly destroyed,exploited the sweat and tears from , and denied a working wage/quality of life from the working class who they used to build their empires when they wore younger men's clothes? Got you laughing now!
eman our aapl
I beg to differ. I think those that sold you Sept 5 calls are long-term longs.
Think about it. What a great way to generate income. Buy in the 2's and sell Sept 5 covered calls to generate income for Sept if they are betting it won't hit 5 by Sept, and if it does hit 5, then they are just locking in some gains. Win-win situation. Nothing wrong with that.
good point Surr ... i would have to believe that the bulk
of the shorts shares are in only a few hands ... and they
most likely have a different vantage than we do ...
who knows , could be some guy in the military who knows
what company (s) will get the juicy contracts and how big
they will be ??? or even some middle manager at ITT or another
customer who knows the skinny ... they might get in trouble
trading their own stock , as being an insider , but that
doesn't prevent them from fiddling with Eman stock ...
seen it before with other outfits ... there are a lot more
"insiders" than just those id'd via SEC rules ....
later .. garce