"Our engineering department has updated me that they had an accident with the crate of bulbs we were shipping with the new style packaging. As they were moving the crate it fell and they heard glass breaking. Upon opening up the crate they found that all but three bulbs were broken. Our engineering team is working hard to come up with a new design of packaging that can withstand this type of impact, but we are also taking any suggestions from you, our shareholders, in order to resolve this issue and get these bulbs to shelves somewhere in the United States. We are hoping that we do not run into any other issues as we light up the world with our safe, energy saving, pleasing to the eye light bulbs."
Thank you for your continued patience,
"As I have said last week production has begun, however when the freight company moved all of our equipment/supplies they lost all the award winning packaging we need in order to sell the units. Our engineering team is working on a new package as we speak one of which is put them in a paper bag with a fragile label on them. We are confident that this issue will be resolved in the near future. We will update you again as we make progress to make these bulbs available for purchase in the coming months."
If your BS should have this pop to $3 I will get out and take my 50% loss and never look back.
My prediction is that this production that starts this week produces less than 500 bulbs and will be the last production run we ever see.
Oh what could have been...
How about a bidding war for Finisar between Huawei and Csco. Lets start the bidding at $38...do I hear $39? $39 to the man in the brown suit... Do I hear $40? $45 to the Chinese man in the black suit. Do I hear $46?
One can dream can't he?
however with that being said I believe we will start moving up over the next six months to the mid $30's.
Can't seem to break the grasp that the shorts/manipulators have on this stock.
We will have our BBQ one day this year...and the main course will be crispy short ribs for the finisarian family.
Enjoy the ride in 2014...
that bavi is the real deal and that partner (NOT BUYOUT) and fda approval is in the bag.
Will we reach $3 plus and over 30M shares traded with only 50 minutes to close?
Enjoy the ride my friends...
remember when they were going to try to get on the nasdaq under the symbol bulb?
How about that PR regarding the contract they had with a chinese manufacturer about making millions (could have been hundreds of thousands) of bulbs a year.
What a hoot!
What a sucker I was...live and learn even at my age.
I know your getting older and will be passing the torch sooner than later, but until that day comes would you please start handing those shorting this stock their head on a plate.
This should be trading well over $30 per share yet we are playing the $22 to $25 game.
Time for a new game Jerry...show no mercy...go out with a bang!!!
With the great earnings that will come out next week Rawls is going to play barber and give the shorts a nice haircut, as well as trimming the hairs off of Pipers ballless analyst.
Enjoy the ride...
2013 was a good year...my large holding did real good, but my small spec plays (fun money in hopes of crazy returns) crashed and burned.
As for beer he has been mia.
File BK already and end the game so I can write this off and be done.
Make me eat my words Mr BS!
I have no problems eating humble pie...heck I'll eat two pies!
Watching over the years nothing ever changes...this stock has got to be the most manipulated stock on the street. When finisar was trading on dreams between $60 and $400 per share back in the bubble days (2000-2002) they were making no money. When finisar was trading between $20 and $28 in 2006 still finisar was struggling to survive with all the competition especially from jdsu. In 2011 when finisar earnings were respectable and finally being profitable we start getting some respect on the street and make a move above $40 per share. It looked like finisar was finally going to break out then the slow down hits the sector hard and we fall.
Now in 2014 we have over a quarter of a billion dollars in the bank, are expanding our facilities to keep up demand, are gaining market share from Jdsu, as well as have acquired additional companies to expand finisars portfolio AND after all this we still are trading in the $20 range.
Does this make any sense?
More profitable than ever before
More cash on hand than ever before
More facilites than ever before
More products than ever before
More revs than ever before
Conclusion...MANIPULATION AT ITS FINEST!
It is only a matter of time! You can't hold this down forever especially when Rawls and company are making sound business moves to increase revs and profits. We should be trading between $40 and $50 right now and maybe we will after Rawls and company gives a couple good beat and raises this year.
If Telecom ever decides to join the Data party then $50 may be too low imo.
As always enjoy the ride...2014 will be our year!
delay delay delay then more delays then more excuses then more BS from BS.
Can't see anyone wanting to buy this seeing how they have no product and mgmt is pathetic.
I am surprised though that we are not below .50 already, but there is always tomorrow.
Thanks BS for the continued BS...