I like what I am seeing with the company many oppertunities really hope we keep our options open for wherever growth leads and trends can guide us. We are using 3D version Cad including BIM models where I work. Most campus environments we are mapping the entire campus for strategic planning. This type of modeling has many advantages for documenting construction phase complete electronic 3D replica. Looks like a good spot to tip my toe in this past week. New to this stock ran into it on a trade worked out nice. Passed on a 2 nod trade that would have netted 5% overnight. 3rd is now and I'm taking a long position and will hang tight until double digits. I'm feeling lucky here and I usually lose so it is probably a false alarm and the stock will flounder but just possibly it may be one of those rare times I actually get to smile:) I stick at trading and investing but I love it.
Took my long position in Neonode today in a re allocation and moved 25% over the past week. Took a nice position in Cimatron. Hard move but believe it will pay off.
Vinny you may be right. With all the pump and dump #$%$ out there and on top of that the market has been roaring this is just dead money sitting here right now to me. I could make a case for each side (hold or sell) but Ill take this oppertunity to sell a couple of blocks and get a smaller position. Did well last year doing the same thing so no reason I see to have a large position waiting until another next year. Ive waited on 2 next years but not gonna make it 3. The SP is afraid of $6.00 and a true break-out will not happen unless we canm get something solid. They do not plan on a secondary YET... At this time they still believe they will be posting priofits this year... I doubt that! They are real close on this and that but the only concrete thing I have seen is Amazon was a bigger impact o the earnings that all the other design wins over the past year. No argument so dont make it! Yes all other customers increased by 100%+ but Amazon hurt worse than those helped. The plan is to grow. This is a spec stock that is about future earnings and future services but at some point the math just clrearly shows very little substance. Hey I book more work by my self than this entire company. I can compare my records to the sales of this company and I am beating them. This is a fact so my frustration is not toward Neonode or their management but rather myself I knew better to extend this position. Pipe dreams are fun when they are shinning bright.
You assume wrongly! I did not have a question asked. In addition dilbert I did listen to the call and the rhetoric. Slant or call it what you want Ive been here a while and next quarter never seems to get here. For what its worth Ive spoken to the management team as well. Maybe they like you more because you pump for them? Just a guess:) Have a good one Maddie make sure your sack doesnt leak!
I deal with sensitive (confidental) information every single day. More information can be given and would be if the results were better in my opinion. I am done giving a free pass for every uh oh or miss or loss. Good luck to all but this long holding looks like it is even a longer term hold than I thought. Lesson learned!
Brondy I was with you up until the close but that close looked ugly! Bad day no doubt. Hope nothing leaked but the SP result is not a good sign. Good luck
Exciting day we all want new highs though;) I have expected to see a relationship with Johnson Control JCI. They are huge and not just auto. Has anyone located the article cited in the news release about top 10 ICE companies. If I read correctly we have signed articles with 3 of top 10? Awesome!
As a long investor I have to tip my hat to management. Those wins are indeed turning into contracts which will mean long term revenue. Management making this PR in the wake of the market jitters is very timely and us longs will benifit. I still love a good swing trade and was real close to stepping onto the sidelines yesterday but really glad I did not now.
But a spec with a virtual silent past month can't hang to strong in a market like this so if total market conditions deteriorate I expect to drop like a rock! Market stabilizes and we make it to earnings and get the facts then we can get a longer term view. Overall market is key until earnings in my opinion. I've been long a long time but may have to step out some. That hit hard today!
Go long and you want be wrong. JMO
Traded some Velt for some change;) did ok on some SWHC. Stopped some bleeding on BPAX! Ugg! KKD has been a rock star of mine for a year or so. Left Sprint way to early but still had a good run. Market over all is tame I expect some violent turns within the next 2 months. I have to believe the saying no news is good news for Neonode right now hope we are percolating for our earnings and guidance. The guidance is what I want to hear. Although we are bound to agreements that prevent us naming names sometime orders are numbered and we should start seeing the fruits of the engineers labor when the OEM starts shipping products to distribution. I know many longs that hate to hear any talk of proof of current success but I have been in Neon for about 2 years maybe only a year and a half but regardless it's been a good performer. I still believe the company has huge potential for the next 8 to 10 quarters and beyond but I see no way Neon is not bought before the end 2015 . Small market cap patents and engineering expertise alone gets a big Teir 1 to write a check.