make money for who? CDTI makes money for insiders and those that get in on the secondaries and flip them
they used to hedge 50% of copper production but they always seemed to get 20% lower than market when they signed the hedges. So if spot was $3, they could lock in at $2.40. That wouldn't do it for them.
WlaMart renewal was actually for a small increase. Hard to gauge these TAM releases due to plummeting costs of cellular. If they were previously getting $8/month/unit and $5 was going to communication costs and now they are getting $6/month/unit but only 90c goes toward cellular costs, is this god or bad? Declining revenue but higher margin and profits.
The AvRamp sales are certainly a positive to revenue ($7M announced + American rolling out new $500K hub). Sales through Channel partners seem higher. I would be shocked if we did not do $50M+ in 2015. Anything less is a colossal failure
don't forget that Knight renewed at same terms, and Walmart with their first increase in 4 years. But....and this is a big BUT...WalMart signed a 16,000 unit deal with ORBC for reefer units. Why did we not win that? Norm last a major deal that we should have had an inside track on.
So as far as I am concerned, Norm has been a negative so far.
you came onboard with much fanfare (PR's, CC's, bonus, stock options), where are the sales? So far you are no better than the last 4 guys who preceded you. TAMs looks like a dead product line to me. No growth, no news. Pick it up or retire
so? My house value fluctuates every month. I put a boat load down, I'm not walking away. Same with a medallion
look at a longer term picture of medallion prices rather than a snapshot to prove a point. they rocketed from below $1M to well over $1M and then back to under $1M. So essentially unchanged over a longer term period.
after going up 40% in the last two years. "Performing" means if the customers are PAYING or not. They are paying. No defaults