MZOR has 14 million in revenues and trades with a market cap of 200 million.
IRBT trades a little over 2x market cap. ADEP has really fallen out of favor to trade so low vs robotic brethren. ADEP and IRBT used to both have around the same revenue under 100 million. IRBT leadership took them the right way and grew revenues to 400 million with over a 1 billion market cap while ADEP management went toward packaging and other arenas. ADEP used to trade at 2x revenues not so long ago. There has been a buzz around robotics as of late. Lets hope new Hale management uses it to gain some appreciation.
It is only a matter of time before robotics stocks go up like the solars and the 3D printer stocks did when they got hot. This should spread to ADEP soon.
Classic breakout patter with a close near the day high. If you sold, be happy about your profits, and go away so you don't have hurt feelings when this keeps running. You sold in good sense taking some profit which was a good idea. You don't have a crystal ball and I don't either... but I'm pretty sure Monday volume and price movement up will surprise you. I'm not sure about longterm but Monday the stock will likely open up above 1.40 and be trading over 1.60 by noon.
What kind of earnings are we expecting this second half? Last year they started the first half right but finished weak. I like the chances of a good return buying here. COBR is all but forgotten about by Wall Street looking at the volume. Id like to see a good release and some volume first of all.
How many big partners does Ballard have... thus is the gorilla here and the one to hold if this is finally the big fuel cell move starting.
Hale's real job here is to cut the fat, bring Adept Technologies back to profitability as soon as possible, sell the business, and move on to the next company. With Hale involved the company be sold and the stock goes up 100% overnight.
ADEPT (ADEP) is the opposite of Neurometrix.
This is what you want to see here and would bring me back to NURO if I saw something like this (but its doubtful):
ADEP also had dilution when Hale capital partners bought a 14% stake last year. In February of this year an operating partner of Hale, Robert Cain, was brought in and upper management has changed. One of Hale Partners recent investments was Telenetix, a company that traded as low as 24 cents and is now at $6.80 and being aquired. You want a situation here like the one in ADEP if there is ever going to be a chance for something different. I felt like a masochist when I was long NURO but have made all the money that I lost here back and thensome after a really bad investment. I still cant keep this one off my watch list though and probably frusterate a few longs if this company really has such.
Robert Cain, Adept Technology CEO, is also an operating member of Hale Capital Partners. Hale made a $8 million dollar investment in Adept back in September 2012 aquiring 14% of the company. Robert Cain was announced CEO in February 2013 and was part of a turnover in upper management getting the company alligned. Lets face it, the prior leadership just did not come through. Current leadership will stress shareprice and would be interested in a sale if the right offer is found.
Telenetix a recent Hale partner investment that Robert Cain was a part of traded as low as 24 cents in the past 52 weeks and in now at $6.80 and being aquired. This is a group that gets things done and has shareholder interest in mind.
This is Hale's overview:
"We bring a traditional growth equity skill set to non-traditional situations. We focus on under-appreciated, under-followed, or under-capitalized businesses, whether they are small public companies, non-core divisions of larger companies, restructurings, or simply good companies in out-of-favor industries. In every investment we work closely and patiently with management to help transform businesses into larger and more successful operations."
Once again be careful. The company blows through cash quickly and its market cap has a history of trading at 1/2 of cash. There is room to fall. The only hope is that the recent investor will support the stock and buy more in the open market. In other words it is not a good idea to double down unless something unusual for NURO happens here.
History would show that NURO will drop to 50 cents, they will reverse split to take it back to the $4.00 range as they burn more cash and the price of the stock falls back to $2.00 where they raise more cash and the same thing happens again. NURO is a trap. Management sure knows how to kill any positive momentum. I thought this time there would be a company sale since no more suckers could be found for an offering after the company history. It is shameless. I hope Shai does better at his other job being a professor of neurology at Harvard. I guess that does not pay him enough and NURO is his shell company to pay himself an extra 375k a year.
Like money flows back and forth between BLDP and FCEL. Sometimes they move up together but it really appears that a large stake is sold in BLDP to put into FCEL and then returns to BLDP. The only thing that has raised the market cap over the longrun has been dilution... especially in FCEL. I really though that would make BLDP trade at a premium over the long run.
Robotics is another area to look at for big growth. I think ADEP will make a run soon since the shareprice has been making a good move. Its microcap robotics company with big partners. New growth comes from mobile robotics. The currnet move there feels like Ballard around 1.12 before the recent move up.
You have to be careful with NURO. They have a way to kick shareholders where it hurts, At least they now have enough to pay insiders salaries for another year. Don't trust this company. They should have let it run and diluted at a much higher price. It does not seem like the company wants the share price to go up. I'm glad I don't hold too many shares,
Solar companies ran for half a year. Ballard is a gorilla comparable to a SPWR or FSLR. As 2015 approaches fuel cell companies will hit the mainstream with automotive introductions. Ballard and fuel cell hype will drive gains and the stock will likely be pushing $10 by 2016. Right now there is a lot to prove. I still think we go up from here.