I hope they are not paying them much! It should be easy to promote a company when all things are rolling. But In MOSY's case. they will have to work to sell the potential of this company. And judging by the anemic volume, they are not good at what they do.
thing to say at this point is that MOSY is a fast sinking ship and that Len is a lying idiot. I, However, am in the same camp as my pal Rolli- Keep the Faith!! Making something from nothing takes time, and also MONEY. I'm sure that Len is working feverishly as well as the employees at MOSY to make these technical products come to fruition. I appreciate those efforts. Happy Thanksgiving to all. Next week should be revealing. -the flooring guy
apparently some small volume sales have dropped MOSY another 12% between yesterday and today. The lower we go, the more magnified things become. It feels like something is about to transpire with the elephant in the room. That is, how does this company bridge the financial gap from here to profitability. I think we may learn the game plan in the 2 weeks to come. Hang tight.
A-b, that sounds like a reasonable plan. I however, would be too chicken to short a company like MOSY that has genuine prospects for next year. Once again, a BO would take care of the cash problem wouldn't it. How can any one be so certain that that won't happen. Personally I don't think it will happen and I honestly want to see this thing escalate on it's own merits, but it makes sense as on solution to the cash flow problem.
dc- I also heard the tone of Len's voice and noted how he ended the call with a hint that we would hear from him or the company in the near future or very soon. (I forget his words exactly) -Not to sound like like every desperate long who is forecasting a buyout but in this case it really makes sense. They have a pipeline of product and according to Len, 100 design wins is nothing to scoff at as far as a venture company is concerned. so there is value, but not enough dollars to bring it to fruition. I honestly don't even have a guess at how much cash they will need. But as long as there is product and interest, there is hope. hang in there.
Yes, we knew from the 10k a couple months ago that they would need more cash to see this thing through to a profitable status. However, now we have information that they are AT, if not ahead of design win status for the year. Despite the realization that design wins don't equate to stock appreciation for a company with negative earnings, I feel that MOSY's earning potential has strengthened due to this year's win production and product development. Having said that, I can see another offering at par value and then appreciation from there.
Hey Rolli,it's your good old bud from Lumber liquidator. Ha ha.. I just got home from installing so I have not listened to the call yet but will do so before I sleep. Hopefully our shares will be more valuable a year from now. Cheers!
time will tell. "machinations" only seem to prevail until the reality of the company's destiny comes to fruition. Good Luck.
das-cafe, I so hope that it is time for KERX. I honestly have zero skin in this game, but have been watching it like a hawk. I'm a believer in long positions and hope that this investment prevails for those who have undaunted courage. GLTA
dc, you've been a regular contributor to this board for a while now. And I'm guessing you have a long position. How deep are you invested in MOSY, If I may inquire? In my opinion, Friday's move is not necessarily anything to fret about. Last quarter the pps rose .28 just before the earnings came out and obviously that purchase was speculative, as this last Fridays action was. less than 2X daily volume is not a significant indicator when dealing with a micro-cap. Bottom line is that we will know nothing further until 4 p.m. on Wednesday. Buckle up!
So it looks like we will bounce between 1.39 and 1.32 for the next three days. Dare I say we go lower before the CC. -Hopefully not.
It looks like that 110K volume day last week was a one-time burst. Oh well, the next CC is just around the corner. Now that the weak owners of this stock have bailed out, we should be poised for good upward movement if and when some positive indicators emerge. -hang in there rolli.
Im really hoping that the shares purchased today were by a close friend of the Mosy marketing Director or salesman who closed a significant deal. ...and then others to follow suit tomorrow and Friday.
Yes!! Finally a small breakout above $1.55 it will be interesting to see if volume drops back to 20K tomorrow or stays up. Somebody was interested in acquiring a few shares today outside of the spread! GLTA
so will MOSY continue it's relationship with the former company or will the partnership die? Who knows, Len will probably mention it in the next action packed CC. -on a separate note, there have been several positive press releases this quarter, looks like Len is trying to do the right thing. ...We just need some sales, sales and finally some sales. This stock could cruise nicely if they can just report some sales..
well DC, it really looks like the sellers have sold and the buyers have bought. ...and there is no one left but the holders. We are two thirds of the way through this dismal period between CC's and can look forward to the hope of some real progress. Or as Len would term it, "the inflection point". Lord, I hope that some day we learn what he means by that and can experience some joy as stockholders of MOSY.
rolli- It's good to hear from ya. I thought I was the only long left on this board. The only one I've had to banter with is the penguin. I'm still with ya and even added at 1.55 I don't know what to make of that last 10-Q which sounded disturbingly negative. Did you read it?