Today's filing again shows that management is willing to dilute current shareholders beyond recognition in order to keep the company afloat (which of course is better than bankruptcy). The shares should be avoided at all cost until the convert maturity has been put to rest once and for all.
strong results and strong volume already but the stock looks much weaker today than in previous blow-out quarters. Don't know if the conference call had any negative surprises or if the stock just moved to far from recent lows. Will cover above pre-market highs though.
no need to cover here as this will be below $1 going into the next conference call
not really - I have been around for 15 years and will stay here even longer I guess
Here we go:
Fortinet downgraded to Sector Perform from Outperform at Pacific Crest
company is sacrificing even more margin and cash flows in order to fuel growth - some analysts sound really puzzled on the call.
Given the share price I would expect at least one or two downgrades tomorrow
the early price action was not about the absolutely abysmal quarter...management on the call projected yet again better times ahead going forward with the company to regain profitability. But obviously there are not many people out there who believe in management's projections anymore.
ok - they decided to underdeliver because of having been criticized for that - great joke
in the red now - would expect the shares to be below $1 next quarter and finally to end up in bankruptcy next year
shorted some shares in the $1.70s - would expect the shares to continue its slide
Given the history of the company I would not belive a single word.
Fiberlan revenues still meaningless.
Gross margins abysmal.
Cash down heavily.
down 6% now - covering here below $5.30 as this is simply a huge gain within a few hours. I am glad to leave this shame of a company again behind me for the next three months
that's just plain dumb - the company has shown for many quarters in a row that there's little to no value in the business.
Once again back to unchanged but would firmly expect the shares to go red and keep falling going forward - last year management blamed the price decline, this year they blamed the price increase for failing to deliver acceptable results. The company's margins and cash flows are just enough to pay the elevated management compensation each year but there's really NOTHING of value for investors here. SELL and don't look back. The company remains one of the biggest jokes on the stock exchange.
With 75% of the reported income coming from hedging gains the company remains as uninvestable as ever. Operating expenses are UP while revenues declined from $180 to $108 million within two years. JVA mostly remains an ATM for senior management and with GMCR again a 60% customer there's additional elevated risk for investors.
More of the same here. Investors holding the stock carry giant risks without having much chances for stock price appreciation. Re-shorted at the $6 level, looking for new lows going forward.
Investors should avoid the stock at all costs.
4 ships have been chartered for storage now at solid rates but far below spot prices which might lead to some investor disappointment going forward.