The big laser companies could be looking at this. I wonder if CYNO could afford them? It would be a great fit, and take out a competitor that has a huge lead.
Correction, the Goldman upgrade was probably done so it would be before they present 6/9 at the GS conference. The Jefferies one was yesterday.
Very positive remarks. They have the right technology, so given time this should look like a great holding.
Did Doughtery know that a lot of shareholders wanted out? Is it possible this recommendation was just to help some of their clients get out? Sorry for the conspiracy theory, just thinking.
I agree. Just got the proxy info. The company generated annual report really highlighted the fact that it is a bunch of unrelated businesses that have generated poor returns over the last 5 years. I worked many years for a well run industrial company, and this looks like an unfocused mess.
New investors just got a nice one day 10%+ pop. So whatever is happening, it overshadows the negativeness of the long term holders!
I agree, time to sell some into this run. What could cause this? Maybe a few big orders from Toyota?