SQNS announced some great news today about partnering with Clearwire yet little action today. This could be big. That's 2 announcments with new cusatomers since they reported and last week but little upside. Even thou they are located in France, 90% of all their business is NOT in Europe but it is treated as such. Hold tight, this stock is not going away and is the best chips out there for the WIMAX and 4G LTE market taking shape. Streaming is going to increase big over the next 2 years with Youtube/Google, Microsoft/Xbox, and Apple TV taking up 90% of all the streamong being beamed to all the smart devices (TV's, Phones, tablets). Huge risk reward here.
Thanks. This is a small company with much promise. They are now really focusing on the LTE market and that's where there is huge growth potential. Another announcement today, just keeps looking better. Hold tight, I think this stock has a real future.
John, I bought well over $3. This company is solid. Just because sqns shows low revenue from late 2011-q2 2012, people has abandon ship.. Im a little frustrated, as you are well aware, low caps stock can swing up or down so greatly, I'm holding long term 2-5 yrs. Once the IPhone 5 4g LTE release later in q3 -q4 2012, the 4G LTE market is gonna explode to the upside. Plus, this chip company has a GREAT chance to be bought!!! I am in no hurry to sell this stock. I will only buy more, buy more!!! And when India n China Market launch 4G LTE, it's might be too late to buy at these prices. :) So don't worry, 4G LTE ramp up is coming soon to a carrier near you. SQSN!!!