LOL, not with Rich parents, P66 and Spectra, Plus DPM is making more than enough to cover the distribution while cutting costs and expanding.
wait until August 4th, Report 162 Million IMO and .22 and guide 175-185 :) = 45/share or higher
And away we go...
1. NO debt
2. 20% of their Market Cap in Cash
3. Strong IP Patent Portfolio- 400+ patents. Not an easy entry to the cellular connectivity for M2M.
4. Active M&A program, 3 Acquisitions In 2015. M&A expected in the Americas and china in 2016
5. Build programs that are mandated on every OEM, Sierra doing Most of them!!
6. Who are todays visionaries- Elon Musk- Tesla, Michael Dell- Dell, Honeywell, Philips, Cisco, Verizon, They all prefer Sierra Tech and use it in their systems.
7. Strong Guidance in Q2-Q4,
8. 1+ Billion in new Design wins in 2015 that are Double the Market cap of 500 Mil, Looks like Growth to me..
9. Expanding Pipeline of end to end Offerings in cloud and Services- Additional revenue streams.
10. Next Generation LTE and LTE M positioning- The best Available for Cellular connectivity.
Should start a squeeze soon. New launch next week, so should see a PR any day. Also M&A of Brazilian and or Chinese company coming soon!
MOST, Try Hardly ANY, since there are 2.5 Million short less than 10% converted.
5 Days will be needed once they start. Volume today was mostly double down by large hedge funds and some day traders came in at 17+.. Next week we will see the SQUEEEEZE to 25...