I should add that to me it seems most small cap growth stocks have been out of favor for quite awhile ..I do expect that a rotation back to higher risk ,higher growth stocks will occur soon.
I look at it this way ,in less than a month we will have ER... there is bound to be better news ahead as the worst was supposed to be the 1rst Q. To me that suggests as the market hits new highs and backs off EFOI will just be starting to regain it's position.....a reverse is about to happen general market tanks while EFOI rises, what better timing can you ask for ...just as market hits a bottom EFOI should make new highs...again what better timing ?
Beacon Falls meeting on or around July 26th I believe.
St. Johns saving over $500,000 in energy costs ,reducing carbon footprint, and donating part of savings to the Bread For Life . Win Win Win all by switching to EFOI LED tubes.
I'm just as "delirious " as those that believed James (Lebron) and team would come back and win 4 straight games to clinch the tittle. EFOI with James and team do have a superstar to help them ....that is being the only LED supplier to pass and meet the tough requirements for quality , performance and reliability of the Navy. I do believe EFOI has the right products for commercial sales as well , and just as the Cav.'s proved........ it is just a matter of execution, teamwork, and determination.
Seems to me the Cleve Cav.s stumbled this year , a lot of fighting and squabbling between players, fired their head coach ..and replaced him with a ROOKIE COACH and where are they today ? OH YEH THAT'S RIGHT CHAMPIONS !!!!!!
Yes chart has remained relatively flat for awhile... we are about to break-out though . You correctly mention EFOI held through the BREXIT fiasco and I am sure this did not go un-noticed by the shorts. .....this strength is triggering what you see today a slow short covering raising the price a few notches and then a waiting period hoping for profit taking.... (Which is not happening ) so they cover a little more and price rises a few more notches, and again a wait. Soon the pressure will sink in and you will see about 200,000 shares cover with a big run ....I think by end of day or tomorrow.
Joe you are correct I believe shorts are about the only action buying or selling. What I do not get is the lack of PR about new products ..the flat panel light fixture for commercial maritime at 1000 watt equivalent, the new 2foot Navy fixture for new construction , the new tube for the Cleveland Clinic..... the products have been shown now in various shows and at the annual meeting but no info of their website , not even listed in product lists ? This could build excitement at a time we need it ...EFOI addressing ALL MARITIME NEEDS commercial and Navy. ...........just think if they spelled out the markets these products were addressing and the sales expected, volume and interest would surely pick up right?By the way at the meeting I did push for a PR on the 1000 watt light ,I was very impressed with the looks ,quality ,the need addressed and EFOI now making Fixtures not just tubes.
Shorts walking it down a very small volume ..... but that also could backfire on them looks to me like only ones selling. May have to buy back much higher.
Twisting posts again ..I said will will go 0-60 at the speed of LIGHT a reference to performance of cars speed ratings. I have in the past given a $30 price target and do believe it will get there (probably in 2017) . i think end of year I would be happy to see $20's . If Navy sales stay around $10 million and commercial sales prove to be on the same trajectory of growth that has been promised $50 -60 is not out of the question in the future (LONG TERM)...OK I spelled it out for you .
GOT YOU ? I could care less if you were short or owned 10% of EFOI .. I just am trying to get the facts straight ... you hang yourself with your nonsense posts. Actually I think the shorts were smart awhile back when I did not see the "blip'......... so I guess all your bluster you come out at ZERO that is even funnier.
By the way the shorts are covering albeit very slowly ...now down to 1,450,000 shares short . I think you should take the advice and follow the rest of the shorts and start to cover .
Did not change and stay ahead of the competition ..but had a good run ( just like GE, Phillips ,Sylvania). If you bought at the beginning you would have been a millionaire ...EFOI is a leading manufacturer in a industry in it's infancy not at the end stages of it's maturity.
No comparison in quality . How many of those can claim passing Navy tests. NONE
You asked me that when it was $3.95 and I predicted $30 ....shortly after it hit $29.
I've been to Disneyland ...not a fan ,in fact you will never get me there again. I do return to EFOI year after year so I guess you can say to me it is WAY BETTER ...I own part of a company in a industry that is in a revolutionary period changing the way we light our hospitals ,factories ,schools .....that hasn't seen this kind of change since Thomas Edison.
Yes not much to understand for those that know what 1.6 million shares short can do to a small float stock ...like going 0 to 60 at the speed of light ........EFOI supplied light .
Yes , I went to a bulb factory that expanded about 4x the size from my first visit has new multi-million dollar equipment ,new products vast new inventory , state of the art testing /lab facility , so much new and exciting that it is hard to put into words.