I have find that as I age, my "BS Detector" tends to be spot on. Whether its some kid dating my daughter, my kids on creating some excuse, a handyman I why he couldn't fix something, a car salesman, etc. My "BS Detector" was going full force during that section of the call.
It's certainly not 100%, and open to interpretation, but I believe my take is correct. It really does sound hopeless unless they sell out.
bullspit. You are talking out your #$%$ now
Go look up their Pirelli partnership from 2 years ago. It was dissolved after 6 months. Seriously. Look up "CDTI Pirelli"
their only real product is what they sell to Honda on the now 7 car lines. Over $20M in revenue per year but not much profit in it. Even if they got another OEM to sign on and they ramped up to the size of Honda overnight, they still would not be profitable. Why would another OEM sign on with a company that has a GOING CONCERN?
All the other larger companies have patents as well. They are also working on spinel or whatever it is they call it. CDTI has not licensed a single patent. Ever. Not one. So what good are they?
License a patent and I would change my mind. Licensing is the path to profitability as their is no overhead once licensed. They could make more profits licensing one patent than on the profits made selling $20M worth of stuff to Honda.
Why would someone license their patent? CDTI does not have the money to fight a patent infringer in court. A patent lawsuit could last 10 years and cost $10M or more. The other companies say "bring it on"
The best this company can hope for is a sale of the entire company to someone with deep pockets for $3-$5. That's all you are looking at in reality. The buyer could then license the patents and fight for them in court.
no, someone paid $5M to short the stock at $3 and cover with shares purchased at $2.05
There is a subtle difference. See if you can figure it out.
I see than many newbies have been sucked in and burned by CDTI yet again. Congrats to spanspur and billyteex1 for hurting so many novice investors.
No profits ever?
Need of more cash in 6 months?
SG&A too high?
No inside stock ownership?
Rivals much larger and more capitalized?
If by fundamentals, you mean the above, then I agree. The stock should move lower.
I count 38 loans (BTW 2 were for less than $750K in that list so 36), out of how many hundreds of loans they have?
nah, if you remember waaay back, he was short here, then turned on a dime and went long. He was the biggest naysayer here. Even worse than me. Think back and remember
the company is burning $1M/month so the cash is negligible. The 2 announcement were nothing but fluff:
- Spinel may save up to double digits per car. Whoopee
- a partnership with no money exchanged. Even bigger whooopeee
You really need to learn how to read through these PR's
doesn't look like one will either. Sold all over the past few days at an avg of 50c. See no reason to take a risk here before next weeks vote.
This is one of the few stocks I had in an after tax account so I can use the loss against gains in other stocks. One benefit of a loss. Been selling IDSY over the past few weeks. Taking almost an equal gain there from the loss here.
if it was at $2 prior to all this, and now has 15% more shares, simple math says it should settle at $1.70, all things being equal. Only news of revenue or licensing would change that.
they most likely shorted above $3 knowing the day prior that a secondary was occurring the next day at $2.05. They ran it up trading back and forth to themselves, waited for the suckers, shorted. Easy 50% gain. Plus they have the .2 warrant coverage to boot
real news would be the announcement of licensing a patent. Any patent. It costs them nothing, and the money just rolls in over time. Partnerships are useless. They have hundreds of patents. License them!!
isn't GREED one of the 7 deadly sins? This isn't the kind of stock you put a lot of money in unless you get a guaranteed return like the secondary guys who offset their shares with a short.
So what's the next catalyst here? Spinel announced. Partner announced. This can only drift lower now until the end of year when they try to raise more funds. Quarter results will suk. They always suk.