Hey man...you've already given up some money. You could've gotten $.3998/share today!LOL Doom sucks!
Talk about illiquid...it could be worse. I posted about AIRI last year when it was a pink sheet stock paying 4% dividend. Moved up since to BB and now NYSE. Today I added 800 more shares and it's 70% of the stock's volume! This is a high volume day too.:)
Have you ever? I think there has been one trade since! I would let a few shares ride at $8...but at this price I'm holding like every other Air shareowner. The dividend announcement should bring new money.
With so few shares outstanding...but 4 times more that can be converted...it's tough for me to figure what the true value per share value should be. Any help appreciated.
I guess I keep a few shares of Zoom to remind me of what bad management looks like. Believe me...I've moved on to better stocks. In fact my top five have done awesome. The best thing Zoom has going for them is their name...and they use it for zero benefit.
We don't like optimistic posters on this board. Every one of us has been shot down over time. I'm afraid you will too...so get your sell orders ready.
Mighty fine...mighty fine. I'm thrilled with the move so far...as I added 50% more shares in one account and over 100% more shares in another. Without the price crash I would've never done it. Seems there are new positive announcements weekly the last couple of months.
Also...I follow the spacex thread on nasaspaceflight almost daily. I'll be shocked if Orbcomm gets their new satellites up before the end of 2013. The new rocket is taking more time until liftoff than spacex thought. But, as Elon says...passing grade for a rocket is 100! Seems it's made management here concentrate more on building more revenue streams though while they wait for the upgraded birds to be launched.
It is great technology and will drive the use of real time telematics...but I can never see it going mainstream on public highways. Just over the past two years I missed a major collision with a bull and large dog because I saw them coming before they ever got in the right of way... in front of my vehicle. I CAN see these devices being safety backups to our human brain though.
Wow Rick...I agree with Mjh...you sure seem optimistic. The market sure doesn't see their potential like you so far. Even if they get the orders, how will they fund this growth. The private placement sure didn't raise a lot...but the shares didn't get diluted as much either.
I hope you're right as I averaged in a few more shares, but I still count this as a long shot bet...unlike CEMI.
If it's so cheap why doesn't management or the company buy shares??? We've been mislead here for so many years...nobody believes until they see the money. You're a newbie...so either management produces or you will be wrong about the company like every other long that believed in them.
For sure if they have another good quarter with good outlook. Looks like we'll find out if lower $1.80s is another short term top? I like these type of stocks in a market like this...because they are mostly market neutral. Almost all of their value is based on revenue/profit growth, products and management. Unlike index stocks that can trend on what the general market is doing.
I don't really see a pattern besides buy in the low $1.60s and sell in the low $1.80s. The stock has been in a nice uptrend since the low of summer 2011. The day the stock price breaks $2/share again...the company will get some attention from institutions again. We should see some government contract wins later this year. I like the fact the company is always in the market buying their own shares.
A morning opening of $4.69 and an afternoon closing in the $4.90s would make my summer...because I know that would be a recipe for around $5.50 by quarter's end.
"And as for you CW... it wasn't news that they were getting another 6 months."
Would it have been news if they didn't get the extension? Oh yeah...you'd have been on here crowing about like a rooster!
And market makers and hedge funds can short any price.
In a perfect TA world I'd surrounded by T's & A's.:) But...in the stock world I'd expect some backing and filling, down to yesterday's highs. If it happens fine, if not fine. The key was the close above the 50dma yesterday. Now...we can sit back, let contracts unfold and enjoy the ride. Great news today...but I never saw a news PR on it.
Agree Randy. It was a beauty of a two month consolidation. The difference in owning a stock with good management, compared to owning a stock with sorry management is...I don't worry so much when the price pulls way back. I wouldn't be surprised to see us close $5.50 by quarter's end but, like you said we need follow through. With the institutions onboard...they can move the price anytime they want to.