Nothing happened. After hours volume was 11,674 and all shares traded around the closing price, with the exception of the last 15 shares which traded at a rediculous premium.
Over the last five months the selling pressure has been very weak. I would be hoping that another inside purchase would start to ignite a speculative run as Len is making us believe that we are so close to seeing some tangible results.
Apparently, all those who wanted out have sold. and there are no new speculators this week. watching this stock for the last week has been like watching paint dry. So tomorrow is the last day of trading before the next conference call. Any predictions? I'm going out on a limb and forecasting that Mosy stock will NOT close at $2.20 like it has these past three days. LOL.
It's kinda doing the opposite of running right now. ...pretty much parked at $2.20. ..which isn't a horrible number to be at pre-earnings IMO.
is that as technical of info as you got? Hey, I'm a cheerleader too but I can't see a sustained move until after May 1st. I think we've all heard the story about the boy who cried wolf! call me cynical but I'm also a realist. ...hope for positive data.
That's funny. and probably true as of today. ...but one of these days they just might make a product that other companies want. That's the dream for us dreamers!
Looks like the pre-earnings optimism is getting started a little early this quarter. Last time it peaked around 2.37 per share berfore the call. My un-scientific gut feeling is that we see 2.60's before Len drops the bomb this time around.
Well dry reading it is, but here is what stood out to me. The transition from a royalty funded company to a product selling and shipping company is clear to see. Albeit the sales went from nothing to just a little bit more than nothing, they are moving in the proper direction. In a perfect world, the sales revenues would have kicked in a bit sooner (while the royalty revenue was still in play) and they would not have realized such a decrease in revenues. However, with another 9 months worth of cash, they have bought themselves a little more time. and in the process Len and his bud have bought a bunch more stock at a buck sixty. I'm still thinking something good can happen with MOSY.
John, I always appreciate no-nonsense feedback. and yes I am hopefull as you are that they will eventually sell some significant parts. it will probably serve us well to keep an eye as close on EZCH as on MOSY. Long and Strong!!
Thanks John. but again, the bottom line is this... will MOSY start to sell significant amount of parts? What is the correlation between EZ's cap and MOSY's sales. or isn't there one?