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Neonode, Inc. Message Board

  • g1u2nt g1u2nt Jan 31, 2013 8:55 AM Flag

    new article

    Mr Altucher has a new piece at seeking alpha on NEONODE. calling for a takeout at 15 dollars.

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    • I doubt altucher is a long-term holder. He might be just a pump-and-dump type of gambler. Who konws!
      When will be the next earning report date? We do need sort of guidance to trigger the short covering, otherwise, we are still trapped in the darned trading range!

      Sentiment: Hold

      • 1 Reply to gutfeel888
      • Gutfeel, I'm not sure what to make of Altucher. He certainly has a lot of people that follow him. He seems intelligent enough, kind of an outside the box thinker. People seek his advice as an "intellectual", whatever that means. I believe that his last article generated alot of interest in Neon, mainly about the possibility of slide to unlock litigation. The shorts wisely piled on during the pop to ~7 last year. He seems to have backed away from that focus, and is now mainly looking at company fundamentals, which I personally prefer. It seems that the shorts did not seize the opportunity to exit when we were at 3.5-4 and are now trapped by low volume, and the potential negatives (need to raise more money (dilution), delay in product launch (revenues), technological obscolescence, and failure to meet growth targets) that would give shorts a large volume SP drop to get out are unlikely. JMHO

        I agree that guidance will be key and am also wondering when earnings and cc will occur.

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