Quoted higher after hours at .452 bid .46 ask. Most of the 42+ million printed at the closing bell and AH.
Shorts are sitting with profits. Over 40 million shares short. Time to take profits shorties.
In 2007 CPST was an almost sure BK when DJ took charge. Now eight years later, shorts are still betting on that sure BK. D.J has been beaten up by shareholders, shorts ,etc. In thinking about it, DJ saved the company and moved it forward. He's still trying to do that. You may think he's a bumbling idiot but after reviewing the latest CC, I don't think so. A trifecta of problems contributed to the Q disappointment. None to blame on him. I'm inclined to give him further rope before the hanging some are yelling for. As for the stock, I think the extension will be granted.
I bought 10 K at .46 AH today. Why? A small #$%$ shoot thinking Jamison may get canned. Also the 40 million share short interest may start to cover around here.
Watch for it. The final market trading hour will be ugly IMO. Be a buyer of UXVY IMO.
Sentiment: Strong Buy