all we need is a raise in 2016 estimates, one good quarter, one good product... like 177m in revenue quarter led my airfiber 5x, we'll see 50 and beyond in a hurry. until then.... its bottoming hard around 28-27.
i bought today... it looked like panic, on nothing... i like panic. I buy panic, sell rips. This company is all about guidance... last quarter was a beat and no one cared. Even if they misss, they just need to show airfiber is kicking booty the rest of the year.
its got a staff of 300 people, Pera owns 60% shares... not the type of company to leak numbers.
guy didnt seem to care what craig said, had already written his report! couldn't be bothered to update it.
this float is tiny, make money on the swings, volume is nothing, 100K moves this -4%
who cares, every time this drops, keep in mind there's an active buy back... they already bought 15million... they are buying slowly and opportunistically. With an amazing ROE and rumors of several new airfiber products being launched in 2015, all we need is one product hit to knock this stock out of the park!!!
I went long Russia months ago, RUSL, 16 to 24... didnt make it to 27... but will be back in the mid teens.
it still held up this weeks gains... that's like winning the lottery for this stock.