been a Mitek shareholder for quite some time and frustrated because while several consecutive quarters of positive earnings encourages management during conference calls, the street yawns and the stock labors within narrow range. The positive earnings are incremental, only several hundred thousand dollars each time and at that rate it seems it will take years to reach a number the street considers significant enough to move the stock even to the area over 7 ( before that ridiculous offering 2 dollars below at 5.25). What will it take or will it ever have exponential ( millions instead of mere hundreds of thousands) to move the stock and silence the shorts?????? In other words, despite the large number of apparent "users" of the technology, is the pricing model flawed and will it and will it continue this way or can it change????
down 8 points past 2 days despite market up 450. I know there was no reason for the rapid climb over 50 end of dec; however, is there a reason for this decline? any leakage on phase 3 results? when is or has phase 3 been completed? when can we expect report on results?
as long time investor in this company , I am amazed, befuddled, whatever you want to call my disappointment
in a stock with a reasonably good earnings and upbeat CC that drops in price to current level and doesn't have an uptick despite market up 450 points last 2 days. Any rational explanation?
Now do we have to wait 3 months to next earnings report for next transient uptick? what will cause it to go up before that?