Like your optimism and it would seem that the stars are lining up. Having said that, any news from the company would reverse the downward trend. No one covers this stock making any stability problematic. So just a little effort from management would be very helpful and require nominal effort. And yet.......
Glad you have arrived.
8K had some data on backlog build. Problem remains as usual there is no detail on current contracts or new business which ceo characterized as extremely strong on the previous eps release.
Options. Why buy when you can get them free? But obviously management does not know how to build shareholder value when it would build their wealth?
They obviously don't care about shareholders.
What seems mysterious to shareholders is the lack of any visibility on current and/or future contracts. Words like extremely strong interest can only be found explain in the backlog in business. Even when good news would help the company and shareholders it's not revealed. I had expected the stock to take a major hit downward, it goes up, lol. So what do I know. Not sure why I hang out here but a company making money and selling at such outrageous prices just keeps me hoping.
Anyone got a theory on this one? Last quarter report extremely strong contract sales and then boom, a loss eps. Not as strong guidance/language from ceo but backlog is increasing.
Well, it has tripled from.50 to 1.50 in just a few months. Positive eps, and extremely strong contract sales in last report. You decide.
I would love to know what extremely strong means. Didn't have any dry powder at $.50 but still have faith that someone will gobble up this company since management does not seem to care or does knows how to enhance shareholder value (including themselves). The language in their recent report is MUCH more positive than usual but no one covers this company to know the difference. This is a diamond in the rough.
Actually, I think they are fending off an acquisition. For management to put in writing that demand is extremely strong followed by bylaws amendment, this would be easy pickings for an acquirer. 350 engineers for 25 + million is awfully cheap. Even at 5 or 10 still cheap.
Looks like someone is posturing for a takeover. To add nominations to the board requires extensive notice. Who might be interfering with management? It's about time!