What an amazing vindication for the company...I was told these events can drag on for a year or two. I guess it's 'elevator up, up and away'. What great news!
Pac--everything after the first few minutes has been, in my opinion, shorts trading amongst themselves. Scalping pennies here and there. Watch the close...as always that will tell the tale. You'll know we're in for some fun next week if it recovers or advances at the end of day.
Applied 8/14, issued 3/15. Now THAT is incredible--I've been thru that process a few times and never been reviewed within 18 months, let alone issued. Speaks to the dearth of IP in this field.
The numbers are out and they look terrific; would've liked to have seen increased guidance but that's just being piggish at this point. Clearly we are about to really ramp up revenue. Let's see what color they add during the call; those that can listen please post pertinent statements!
My view is Needham doesn't have this much firepower, staying power, nor influence. This is something different. The close will tell I suppose.
Poised for greatness today unless they want to shake the tree one final time--dash 'our' collective hopes--I see this busting thru the 50 day and kissing or busting toward $10.
They buy and sell amongst themselves merely to confuse you. Don't be confused; expect a shake or two soon, though...but further to run first me thinks.
Absolutely, Minnesota. There is a strong buyer(s) out there. Take note of the patient accumulation which began Friday with higher vol late in the day when more experienced buyers and shorts buy. If you watch on a screen you can see a bid is raised, sequentially defended, and raised again. OWT can speak to that more than I can. I think I know who it is and it isn't Needham-conference related. But expect some fits and starts. It'll be bumpy yet for sure. Was silence assured if the position was closed when the 'other position' was vacated?
How-about...I don't know him but I would not interpret owt's absence as a negative...probably the opposite would be my guess. Thanks for all those knowledgable posters who contribute to the board.
I think they probably have plenty of firepower left in their buyback plan but unfortunately are overwhelmed or are choosing not to use it. It looks like 'the market' is setting up to test an important moving average around 7.88 in a week or so...before our next 'scheduled' release at month end. If that test is successful it would be a most unwelcome buying opportunity and I personally would probably be a buyer. Hope management has a few tricks up their sleeve before that. Would be great to hear from some of the old timers with regard to timing/strategy/movement.