Management is now smart enough to float stock at high currency. No reason for stock to trade at $8- its unrealistic. FCC news will coalesce into more rivers run free!
I don't think you will get sell on the news- repetition is not the teacher with milestones. Instead- stock can build on news vs staying in a shadow cast by shorts feeding on the thought that any FCC approval is impossible and thus, wetting the dream!
Which I anticipate (blew it saying it a few weeks ago prematurely and now they want to speak to the world)- stock will crush the shorts- now they will have shoulders to stand on!!- for commercialization!
So- your saying short the stock on the language of a press release that's useful in just how one interprets it vs one that spells out the challenges? Not good Melvin!
I would say the premature FCC approval was really meant to be made at the IEEE summit= AKIN to a drug company at an ASCO meeting. Happy shorting!
Is he speaking directly to WATTUP or the ecosystem in general- that's not specified unless your reading into the language of the text!
I think the FCC is a leg up vs a chop down? It gives cred they can successfully navigate/work with FCC vs always being a dream away!!
Your right- shareholders should be damn mad. I used to have $600k dollars in Reeds- my first complaint was: great sales but it doesn't matter if you can't make money. CR- would insis it was all about gross and the repair work to the bottom line was coming. Three years later- the story doesn't hold water! I tend to agree- Chronic excuses and an ego ride to the ground floor basement.