Difficult to predict when so many stock warrants have been issued by xG, and also under XGTIW symbol. All I know, is that massive amounts of stock warrants, plus, two reverse stock splits in 1 year, plus insufficient sales means that xG is an expensive hobby, and not a business to invest your hard-earned money. Management does not care because they are making just enough money to cover their expenses and payroll by selling their worthless stock to "dreamers".
I agree XGTI is a day-trader stock because of its huge volume -- but NOT an investable stock. That is because xG is does not know how to close 7-figure deals on their products, and I mean CLOSE--not talk.
Your correct. The analysis (aka coverage) made by some unknown contributor on "Active Wall St" on 7/6/2016 at 9:15 (EST) is grossly incorrect and irresponsible. The article states that XGTI ". . .stock has soared 406.49% in the last one month." Well, that was caused by the recent "Reverse Stock Split"--not because of anything positive. This is why we cannot believe everything we read on the internet. That unknown idiot who did the analysis is probably an xG employee.
Dow Jones Newswire posted today, 7/5/2016 that " xG Technology Files to Sell Up to $7 Million of Units and Warrants". Well, xG is at it again with the Warrants. Surprised that news did not make in Yahoo Finance, but is listed in Google Finance under XGTI.
xG sales teams does not know how to close deals. If they do close a measly 5-figure deal, it will make news. They talk a lot about big deals that never close. One other person on these posts said it best, and that is xG does a better job selling their worthless stock than they do selling their products. Board of Directors needs to step in and get rid of all the slackers. xG executives are probably saying "trust us, trust us, please invest more money." Then, they will issue more shares to dilute the share value and Reverse Split again. Every penny you invest is going right into their payroll.
xG executives should be convicted and executed like they do in China for some white-collar crimes. Why? Because I think that XG executives think this is funny, duping investors into this expensive scam so they can play with this expensive hobby in sunny Florida. xG dilutes the stock, RS, dilutes the stock again, RS, dilutes the stock, RS, etc, etc. And it is perfectly legal in this country because the SEC is allowing it to be legal. I am serious, these "Reverse Stock Spits" should be ILLEGAL.