management should be cost conscious and spend our money like misers. Instead of expanding, we should be cutting costs to the bone. Getting lean and mean should be the first priority. looking for ways to eliminate redundancies and paying off the line of credit is paramount. It just boils down to common sense and a proper stewardship of the company's assets.
The nasdaq lost .50% today. but FSYS fell 4.19% ( more than eight times that rate) on no news. This stock is the biggest piece of #$%$ in the history of the stock market. It loves to punish its tormented shareholders.
The stock is simply overbought. Up too far in too short a time. Need some profit taking to extract out the excesses, before it is ready for its next leg up.
earnings next month might just dig us out of this hole. we could see sales break north of $100 m for the very first time when the 3rd q is released.
buyacramer: sounds like you are a hopeless short, thinking your bashing might have a downward effect on the share price. Good luck with that!
they could easily juice their margins up significantly by simply eliminating their R &D investment of $7m per Q. That alone would of increased earnings from a 10 cent loss to 24 cents in earnings- a 34 cent positive swing.
selling just 5% of your shares is hardly what I call bailing-he ( the CEO) still remains the company's largest shareholder so he does have plenty of skin in the game. One of these days he will want to get the share price up so he can cash out.
We might see a very massive short squeeze take place on this very thinly traded, low float stock. If it happens,the sky is the limit.
ready for a big buyer to step up to the plate and begin accumulating. Soros, Buffett, Einhorn, Icahn, Gabelli? Where are the value players when you need them?
there is no doubt this is a garbage stock, but that presents opportunity. Since nobody wants garbage stocks, FSYS is cheap. Lack of demand causes that. In fact, the shares are probably too cheap, and eventually the market will figure that out, and price the shares accordingly.