ROTH Capital downgrades EFOI to Neutral from Buy and lowers their tgt to $20 from $23 on a fair valuation and increasing risks to co's rev trajectory. While co continues to make progress on commercial markets, a pending RFQ with the Navy likely leads to alternative T-LED suppliers serving the market, and firm expects pricing to be adjusted downward. Heavy insider selling also impacts firm's confidence levels. Firm waits for stronger evidence of earnings from commercial product success before potentially becoming more constructive.
At the current tax rate AMOT should earn $1.80. Last 2 Qs minus extras has been around 45c. Is the tax rate supposed to change going forward? Why are they paying such a low rate now. Long from 18 to 28. Then watched it go to 40. Looking to get back in. Appreciate the help.
If AMOT can earn 1.9 why not a 15 PE. 27-28 area. That being said I will sell some on the way up. Hold the rest. Best eps report I have seen this quarter.
People on this board are stating that LAKE won that big Government contract. I cannot find a link stating that. Dupont or one of the many makers could have won that contract. One of the pumpers please produce a link showing that LAKE is the contract winner. I am going to contact the SEC with the false info being posted on this board.
The stock is trading purely on hype. Their are alot of Hazmat makers. Do we even know if the company has received any orders. Hospitals already own the suits due to other illnesses. Will this even amount to any new orders. Disclosure: I started a short today., Will add more at higher prices. It may take awhile but the stock should correct back to 9.
Has anyone even looked at this stocks eps. I should say lack of earnings. Wait until the stock goes back to trading 1K shares in a day. Look at the chart. Longs will be stuck.
You mean move on up! Best report so far. great conference call. The big boys want to see multiple great quarters. Now they have it. I more than doubled my position today.