Zacks wasted money on those PRs which were basically nonsense scare tactics. "definitely could be trouble soon since RSI is now 71.4" That barely amounts for a throw away message here on Yahoo and now we have a firm playing that game with a PR. Sure, the DHS contract is still pending, that is what Zacks should have pointed out, not RSI levels.
The analyst who initated NLST for Craig Hallum also covers IPHI, I would hope he's keen on all the little details. The guy formerly worked for IBM as an operating systems programmer for 4 years.
Zacks is most likely in a panic mode right now, they want this to drop, either they are shorting it based on chart RSI only, or they want cheaper shares. I'd guess they are shorting it solely based on chart technicals and cursory look at earnings without knowing about forward guidance.
This happened in June. Today, most of the volume was in the first 15 minutes. Either someone just wanting to cover their shorts prior to the end of the tax season or someone has heard something through the grapevine.
Pre-market action, seems like it would be reacting to something more than just a Craig Hallum initiating a buy with 2.25PT.
OCZ was also cooking their books, right? The CFO was inflating revenue for years.
Anyone who is supportive (financial or otherwise) of NLST should want them to succeed as a business in the long run primarily because it gives them much better footing in any patent dispute as a 'practicing entity' (PE) as opposed to a Non-PE.
Oracle bought Tekelec earlier in the year,search this
"LTE Diameter Signaling Traffic to Grow More than Three Times Faster than Mobile Data Traffic Over Five Years, Tekelec Forecasts"
Tekelec estimates that more than 87,000 Diameter MPS traversed mobile networks globally in 2011. By 2016, Diameter MPS will reach 47 million MPS, for a CAGR of 252 percent.
This Diameter market isn't something that is going to snap into place in a day or two, the space is expected to expand over the next year or so. The market is large, the opportunity is there, there aren't many players in the space.
jthaiphu, and anyone else, search for article/PR "Trilogy LTE to Lead the Rural Wireless Association's RTG LTE Raoming Initiative" PTIX is a member of the LTE Roaming Initiative.
Also look for the article "Diameter Signaling Volumes set to soar" by Joseph Warling. Telecomasia.
Nice summary, the new 4G/LTE routing is going to be higher margin, this market is huge and PTIX is one of the few players in it. People are buying, or accumulating, based on potential of this small float stock.
You are acting like they have no chance to get new customers for their new higher margin products. Yes, the old is on the way out, in with the new.
Anything can happen, but these patents have been challenged and rechallenged and they have the patent examiner arguing the case along with NLST. All claims have been upheld, I hope this is just the routine end play for the appealer.
The information is posted at the ASH 2013 website. Novartis ran a study using their compound with Sapacitabine to enhance Sap's ability.
In conclusion, HDAC inhibition results in the induction of miR-182 which targets Rad51 and attenuates HR to sensitize cells to sapacitabine in AML. This therapeutic strategy may be effective in circumventing potential resistance mechanisms to nucleoside analog therapy in AML