Am I the only one that noticed this?
Neonode Signs Technology Development Agreement With Global Tier One Printer OEM
The stock is up 23% at this point in PM.
You are probably right in your thoughts.
My take, In panic there is profit.
I added here this AM at $22.78, we'll see, GLTU
I would never say never, but the way DUK handle the merger with Progressive will forever leave a red flag with regulators in NC.
Wow, you must live in a state that has extremely high taxes on gas. It is $3 a gallon in NC and our tax is $.35 cents (highest in southeast). Judging by what it is selling in the markets right now, I suspect we will see $2.80s next week.
As for the theme of the thread, the whole crowd of talking heads is calling for it to go lower. Just a guess (a wild one), I would say it holds around here. Have to remember they just all got their tails kicked when it went down, so they want back in as cheap as possible. Again just a guess.
My Morgan Stanley broker leans to S & P rather than their own analyst when we are discussing investments. Strange but true.
Thanks for the heads up, just read the article.
The Brazilian news did not hurt my feelings either. Might not be a hugh help here, but it sure helped elsewhere.
You might also want to point out there are near ZERO shares for sale. I notice it has traded less than 3K shares this morning and the price is up, but keep bashing.
Ray Silcock IMO will guide conservatively so he can easily beat. Has in his past CFO positions anyway.
I did check Stock Analytics and the short volume was only 23% yesterday, the lowest it has been in a while. I know that site does not catch all the volume, but I have to believe however they track the volume, they track the same way each day, so it is the closest I can find to see what the long/short trend might be day to day.
Stock also looks like it has been a momo play of late (ten minutes of dd, so take it for what it is), but feel sure you know that already. Anyway, wish I could help more, but thought I would throw you the info from that site.
Just for the record, Greenberg is the CEO, Weinberg is the CFO and COO.
The slowdown I can not speak for as I have not kept up with the stock like I once did, but this pull back has perked my interest I must admit. Ten minutes of dd told me there might be some opportunity coming on options plays to get back in on the long side. Just have to wait and see how this develops the rest of the week.
Just wanted to speak. I hope all is going well for you these days.
Nice trade for you to this point, congrats and good luck if you still have it on. Only reason I clicked on the board was I noticed the hit the stock took yesterday and was going to see what was being said. I usually will try to throw out what information I know from the long side, I always appreciated trading thoughts with you, even though we were usually on the opposite side of the trade. I got nothing this time however, been out of the stock since the mid $30s (too early as always, LOL). You know more about the company than I anyway, but I saw some insiders made a few sells. JMHO, but the family has not been dumping like they did as the ShapeUps issue developed, so probably the sells so far are just people getting paid for all their hard work and not a big deal, as I saw a couple of posters tried to make them out to be in a thread or two.
Again, great to see you are still around and continued GL with this and all your trades and investments.
At a 14+% yield my guess (and that is all it is) is that at least a 50% cut is priced in and this might see a quick panic drop and then the price would begin to recover, if they cut the dividend. I am still not totally convinced they will cut it, though it would not shock me.
Also to remember is that end of quarter window dressing is likely going on with all the deep water drillers right now and we could begin to see some relief on this and others beginning on or little after the first of the month.
Looks like all he did was pay taxes and keep the rest.
Explanation of Responses:
( 1) Mr. Rodgers was granted an option to purchase 3,028 shares on February 25, 2005 as adjusted for the Sunpower spin-off in 2008. This option will expire on February 25, 2015. Since the company expects to enter into its normal quarter end blackout on September 13, 2014, Mr. Rodgers exercised the option. 2,761 shares were sold to pay for the exercise price and to cover required withholding taxes. The net amount of 267 shares will be held by Mr. Rodgers and will increase his total ownership (direct and indirect) to 8,411,712 shares.
( 2) Mr. Rodgers was granted an option to purchase 5,306 shares on February 25, 2005 as adjusted for the Sunpower spin-off in 2008. This option will expire on February 25, 2015. Since the company expects to enter into its normal quarter end blackout on September 13, 2014, Mr. Rodgers exercised the option. 3,597 shares were sold to pay for the exercise price and to cover required withholding taxes. The net amount of 1,709 shares will be held by Mr. Rodgers and will increase his total ownership (direct and indirect) to 8,413,421 shares.
( 3) Mr. Rodgers was granted an option to purchase 1,442,077 shares on February 25, 2005 as adjusted for the Sunpower spin-off in 2008. This option will expire on February 25, 2015. Since the company expects to enter into its normal quarter end blackout on September 13, 2014, Mr. Rodgers exercised the option. 980,813 shares were sold to pay for the exercise price and to cover required withholding taxes. The net amount of 461,264 shares will be held by Mr. Rodgers and will increase his total ownership (direct and indirect) to 8,874,685 shares.
( 4) Options vest monthly over five years from the date of grant.
The Form 4 leaves no doubt concerning what he did.
You're here bashing a stock that has traded 935 shares in 43 minutes? Really?
It might go above the buyout price in PM or right at the open, due to short covering. Like others here I would think it will drift back down under the buyout price as quickly as shorty can get out. All JMO of course.
Nice hit for the longs here, congrats.
Good point, they would not be able to buy shares knowing they had a deal made or even if they had been approached for that matter.
I trade and invest in several heavily shorted stocks at any given point in time when I think the shorts are wrong (I am a dividend investor for the most part, but play with these to have something to keep my interest up) and have a tiny position in this one via shares and have also sold naked puts in an attempt to add to the position (though this last run will simply make those a profitable trade it appears at the moment).
While I can understand your sentiment about wanting to break the shorts hold on the stock, moves like the CEO just made will have a far greater affect on the shorts than a 10 cent dividend. While the dime would produce $5.7 million for the company to pay out, the shorts would only be on the hook for $1.1 million of that. IMO that will not move the needle.
Just my two cents and I do wish you and all of the rest of us on the long side success with this stock.
If ifs and buts were candies and nuts, what a Merry Christmas we all would have.