why should they - they most likely pay around $10 mln for inventories etc.
they already pre-announced ugly Q4 revenue expectations so forget about blow-out quarters anytime soon. And given the margins you shouldn't be too unhappy about the company failing to sell their products.
in terms of new bookings - but I guess he will also tell you about just another round of financing...
I know about the recent financing but please tell me how the company will manage an 8x revenue expansion without an increase in working capital ? I guess at some point they will have to expand production facilities at least and increase the workforce significantly.
They are just waiting for a secondary - believe me.
shareholders get nothing as expected - took longer than expected but finally it's over. No pity for uneducated longs here.
with the stock halted all the day - just publish the press release and close the doors behind you guys
stock down 35% from the above post due in part tp shares being finally available for shorting - wouldn't chase this going forward
or perhaps the sellers are just waiting for better prices on the NYSE next week - anyway the stock is up nicely and might have some more room to run.
I don't care - I don't like what I see anyway. But this membrane opportunity is huge if executed well.
I would rather expect a huge secondary into the share price increase coupled with the uplisting. The current balance sheet is a joke given that they are aiming for $100 mln in annual revenues three years from now (which imho is also a joke).
That said I do admit that the membrane business might indeed become a game changer for the company but with management constantly overpromising and underdelivering I would wait for some signs that revenues are indeed on the rise big time.
why should they be investigated - they are just a platform for people interested in and writing about stocks. It's up to each and every investor to educate himself. And there's plenty of useful information on seekingalpha.
actually a good trader should have always a close look on new sa articles as some contributors really move stocks. And once the momentum hype is gone these stocks bring profits a second time when playing them short.
don't blame seekingalpha for the dumbness of uneducated investors - they fully get what they deserve
just enter a bid size at your discretion - the shares will be delivered within seconds
but actually there are big sellers out there who are waiting to serve every bid size that might come in - so don't expect much from the stock near term.
remember also that the company diluted shareholders by 20% through the latest secondary offering so the stock just CAN' T trade at pre-offering prices currently. The company needs to show sustainable profits (which is highly doubtable) going forward to increase its share price.
the company more or less trades with its solar peers so if the group doesn't perform RSOL share do not perform either as its share price movement is pretty much tied to US market leader SCTY.
why retake it - they are actually in the process of extracting all of the company's cash and leave the shareholders with a less than overwhelming business - with PC MMO in steady decline and with mobile game's life cyles much too short for effective monetization there's nothing to win here for shareholders going forward.
this should see a resumption of yesterday's decline pretty soon after the session started. Short sellers will finally have a chance to borrow some shares adding to pressure.
if the price has been already announced the deal will go through. This is done.