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.
I thought I had read at least one piece that was expecting at least another offering during the current tests.
I'm currently out but this PR is very opaque since there are no details on size, timing or pricing.
Sounds like it might be a reason to stay on the sidelines.
My ego isn't that big and I've been humbled many, many times in life. What I'm saying to you fanofstan is that they have earned their price.
It could be the deal of a lifetime here but I'm really not looking to take on new longs here, especially speculative ones, although trading at about 1.44 times book value is much less than expensive. I'd be more likely to trade in and out on weakness but I'd probably just stay away. I'm not feeling very good about the overall market, although relief rallies are to be expected.
I've been blinded by biases before and they have usually cost me money and sometimes lots of it. You were ready to sell if they missed this past quarter but somehow Rockwell's words justified holding on, I can understand that except I've learned that many, many, many CEOs and C-suites can not be trusted. Rockwell, maybe he's just a lousy forecaster and maybe it really isn't his fault since the entire sector has been growing much slower than any of them have forecasted.
If I am in a position to invest here after this becomes a little less speculative I would consider it even though theoretically that could be much higher than here.
Make no mistake about it I would much rather see retail investors make money, after all I am one, than lose it.
I wish you the best of luck with your investments, including this one.