According to the National Highway Traffic Safety Administration (NHTSA) released in May 2014, U.S. automobile crashes in 2010 cost almost $1 trillion in loss of productivity and loss of life. Also, in 2013, traffic fatalities numbered in excess of 32,000 people and it is estimated that over 2 million people were injured in car crashes. Mobileye's technology can be a significant player in the reduction of these grim statistics.
Sentiment: Strong Buy
What is with your obsession with "dead cat bounce"? Get out of the litter box and you will see more clearly.
This technology will save lives and injuries There was a time when autos were not equipped with seat belts until it was demonstrated that seat belts save lives. It wasn't long when insurance companies got strongly behind it and then the government.
Citron is a sleazy organization. Kind of like ambulance chasers in the legal profession.
"they do use tax professionals" Seems to me, this is a key point not only from the tax preparation aspect from also from the financial audit aspect.
'bone" This is the sucker play du jour. If this company was selling something innovative or unique, you might have an argument. The reality is they are basically retailing commodity products available at bigger and better competitors.
0.99 is in HK dollars which exchange at $0.13 per US. Where do you get the $1B cash?