Given the global economy and their burn rate in the last year, I think there's a good chance they'll be raising cash. Their cash balance in a 9 money period went from $56+M to $30+M so it's been going fast.
Granted they had a lot of investment recently which I would think will slow down. You'd definitely rather see them do something with a higher stock price or not at all but I'm not sure what reality will be.
Good luck fanofstan. I noticed it just held green but again on above average volume.
You never know man. i think if they even come in slightly light with decent outlook that will be a positive with perhaps some money coming in that had been in the majors. It's nice that these guys aren't strapped with tons of Goodwill and Intangibles assets like DDD and SSYS are from their buying binges. They won't have the write downs that these guys will be recognizing.
The bottom line will still come down to the core business and where it's going. I'd pay attention to their cash and how much they have left. It would be nice for them and shareholders if some real positives started happening to at least get the price moving north before they have to raise more cash.
I'd say it's possible fanofstan or a few shorts got cold feet. I thought i saw a nice 100k green bar late yesterday.
If it holds green that will two counter sector trend days in a row on above average volume.
A meet here is a huge beat as long as guidance is still OK.
That's good news fanofstan.
It may not mean a thing for this quarter as you essentially allude to.
If they've done things right in terms of the product and infrastructure it could pay off long term.
Earnings 8/10 after hours with the CC the next morning so maybe you get some signs of a strong step in the right direction.
It could go either way but i think they want to prop up the Q's and what better way than to pop this up to new all time highs. Unless AWS is bad it will be considered very good. :-)
So you are here to pump RMTI near it's top after a huge run?
I may have missed it but did you recommend it when it was much lower? Just wondering.
What does your DD reveal about the stock?
If you want to share please do. If not ?
So I found out they are not making GAAP profits over the TTM. I believe they weren't before that either.
Do you know different?
I always like to learn.
sbd a liar? How so?
Oh you now want to say these guys have been making GAAP profits?
Estimates for most stocks are in NON GAAP terms these days which honestly I could do without but be that as it may. The difference between the two numbers varies widely company by company often driven largely by how much stock based compensation they issue.
That said the actual EPS number that shows up on the interactive chart on Yahoo and in the Stats section is supposed to be GAAP.
It currently displays on both as "-$0.26".
It may just be me but once you see a negative sign in front of the EPS it means they have no GAAP earnings.
Good luck. Those that like to say that GAAP doesn't matter are ignoring the fact that if this company didn't generously give out options as a large part of compensation they would most likely replace a small or large portion of those options in salary or bonus which would both consume cash. Also, dilution does matter IMHO.
And that gap from a $13.96 close and $12.55 low still exists well above here. Maybe it takes another step towards filling that in the not too distant future but?
Looks like only 1 analyst estimate now showing on Yahoo but his current quarter estimate still remains at the pre lowering of guidance level.
A pretty bifurcated market it seems with a smaller number of stocks carrying the averages.
I can understand the GOOG/GOOGL pop since it wasn't outragiously valued but there certainly is some froth in others.
$9 area would be about a 50% retrace of the move recent top to bottom.
It does look like it wants to go higher than that as you stated be we'll see.
This traded a decent amount of volume late.
How much do you think the overall market might have to say about that or do you think this trades a bit on it's own merit?
What a move today! That and they sold the additional shares so the demand was certainly there.
Based on the numbers provided in the earlier release they should net about $18.5M of the $20.05M.
Hopefully this will be there last funding for a while.
beer, you realize that Wall Street speak is always one or two levels lower. Hold generally equates with sell.
That said I look at your post as a positive for the company because it's pretty negative which means a little positive news could go a long way.
Yes you might have done that sal along with jbem since he may or may not have done the same but why do you choose to act as you do on this board?
For the record did you get rid of the latest pump, I mean pick of sgnx after that or are you still holding or simply actively trading.
Try just a little bit to act like a decent person on these boards. I don't think lar9149s post was the least bit offensive. I really don't understand why you would attack him so aggressively.
I'm noticing that even after guidance has been knocked down about 15% below the analyst's estimate for this quarter and after also reducing next quarter's guidance vs estimates our analysts our leaving current quarter estimates exactly where they had been.
Perhaps this is being done with purpose so comps knock the shares down another $10?
It's a tough time to get a proxy from these guys after the shares have been pounded.