This appears to be significant but what kind of revenue are we dealing with here?
My impression from the last several weeks of trading is that some entity is carefully accumulating shares by pushing the price and then lowering the bid as sellers finally appear. I have no idea as to whether or not the last Q results will show a turn around but the price action appears to show accumulation.
This sounds promising but I am very suspect of the stock going up on extremely light volume prior to earnings. I remain hopeful.... but with a very healthy dose of skepticism.
Yes it certainly appears like audc has carved a reverse head & shoulders pattern here. Possible upside indicated to $4.00-4.20.
No way. He has always given us a warning in advance telling us we were about to be molested. No warning in the PR is definitely a positive sign. That said it would be a surprise if he was able to right the ship in that short a time.
As long as it continues to trade substantially below book value the money returned to SH's is put to much better use by repurchasing shares. It's not even a close call.
Sentiment: Strong Buy
My cable provider now has an app which allows me to make calls over wifi, probably via audc equipment. This is unbelievably valuable as it allows for free calls overseas, or make or receive calls for free while overseas, as long as we are connected to wifi. Call quality was very good. I think this is going to be big when it fully rolls out.