Why did we stop going up I see nothing but buy signals---this stock should be up at least 25 % today!!!!
If you are looking for 25% you need a Biotech Stock ! Keep in mind those numbers they are throwing out comparing last year to this year were before the merger. They really are overstated. In addition they made a few "General Statements" that may or may not be FACTS but like a pep rally, it's what you want to hear. Like the Navy contract the deal its not as big as you may think. Still it appears they are headed in the right direction and about to be profitable and that is a good sign. This whole process with new uptodate lighting is going to take time for all companies in this field.
I'm sorry I ended up selling. They appear to be burning through cash, have a ton of overhead, gross margin exceeded 30% in the past and still put up massive losses. i'm bullish on the LED outlook for 2014 but not sure it includes this company. Good luck to all, I've been wrong before. If they do get those city contracts for sure I may be back, but they've reported losses for the better part of a decade.