lol, are you kidding me!
stock has been rising steadily, thats called accumulation! dumb short!
could see 40's with bio techs/ healthcare starting to get hit with JNJ news
less than a year…..
why is it when shorts are getting their #$%$'s kicked they bring up citron report…..lol
just admit your wrong and this company is real and selling the heck out of their surveillance systems…..
do you really think GE would have upped their credit line to 50 million with first 35 million without credit covenants? also they rebuilt up their working capital to full 20 million with profits from last quarter before they paid out distribution……that sounds like they are in stellar financial condition!
Looking at a minimum for .45 in earnings for 2015, with growth in sales of 100+% PE likely to be 25 or higher, that puts it easily in the teens
SDRL! LOL Really!! lol
are you sure your not confused and its SDRL that is going bankrupt when Putin is seizing control of foreign assets in Russia?
Vimicro Announces Unaudited Second-Quarter 2014 Financial Results
Second-Quarter 2014 Financial Highlights
- Second-quarter revenues of $24.0 million more than doubled year-over-year, up 116.7%
- Gross Margin at 37.8%, as compared to 37.5% year over year, and 33.7% quarter over quarter
- Non-GAAP net income of $2.8 million, as compared to non-GAAP net loss of $5.5 million year over year, and non-GAAP net loss of $3.3 million quarter over quarter
-Non-GAAP diluted EPS at $0.10 per ADS reported for the quarter
RNF is highly likely to be next for a take out, especially as cheap as it is and the turnaround in profitability and hedge fund that is pushing for a sale.
BEIJING (Reuters) - Activity in China's manufacturing sector unexpectedly picked up in September even as factory employment slumped to a 5-1/2-year low, a survey showed on Tuesday, a potential source of worry for Communist leaders who prize social stability above all else.
Why external factors affect ISM’s purchasing managers’ index Market Realist
U.S. services sector activity growth eases in August: Markit Reuters
Israel Purchasing Managers Index Falls to Lowest in Two Years Bloomberg
German private sector grows in August at slowest rate in 10 months - PMI Reuters
China's August HSBC services PMI rebounds to 17-month high Reuters
The HSBC/Markit Flash China Purchasing Managers' Index (PMI) rose to 50.5 in September from August's final reading of 50.2.
Economists polled by Reuters had expected factory growth to stall at 50, the level which separates expansion in activity from contraction, citing a further deterioration in business confidence and the rapidly cooling property market.
But a measure of employment shed more than a point to drop to 46.9, its lowest since February 2009 during the global financial crisis, when a collapse in exports threw tens of millions of Chinese out of work.
A hefty drop in employment could raise alarm bells for the Chinese government, which has indicated it will tolerate slower economic growth as long as employment is not affected.
"The picture is mixed, with new orders and new export orders registering some improvement. Meanwhile, the employment index declined further and disinflationary pressure intensified," said Qu Hongbin, an economist at HSBC.
Finance Minister Lou Jiwei said at the weekend he would not dramatically alter policy because of any one economic indicator, cooling any speculation of swift, aggressive action, but like many economists Qu said he continues to expect China will further relax its monetary policy over time.
Most Asian stock markets and the Australian dollar clawed back some of their early losses after the PMI report, while Shanghai stocks rose.
Despite a raft of stimulus measures earlier this year, the world's second-largest economy has stumbled as a slowdown in the housing market further undermined already softening domestic demand, while exports have faltered.
Worries that China was slipping into a deeper funk heightened this month when data showed factory output grew at the weakest pace in nearly six years in August as growth in other key sectors also cooled.
China's urban unemployment rate was nearly 4.1 percent at the end of June, though many economists believe the real number may be much higher given its army of migrant workers.
But the employment index aside, other measures in the PMI poll fared better, which could keep Beijing's response more modest for now.
Total new orders rose, and new export orders also climbed to their highest level since March 2010.
The overall output level remained flat on the month, while output prices fell to a six-month low.
The final HSBC/Markit manufacturing PMI for the month is due on Sept. 30, while the official reading will be released on Oct. 1. The HSBC surveys covers more small to medium-sized companies, which are believed to be under far more stress than larger, state-owned firms which the official report tends to focus on.
The run of weak data has fed speculation that authorities may further loosen fiscal and monetary policies to shore up growth. The property slowdown, in particular, is expected to persist well into next year and continue weighing on demand for everything from household appliances to glass, cement and steel.
Prices for Chinese steel and iron ore futures have slumped to record lows, while oil, copper, rubber and other raw materials have also skidded on fears of slowing China demand, which is rapidly leaving the United States as the only major driver of world economic growth.
But Chinese leaders have publicly ruled out another massive stimulus programme like the one launched during the global financial crisis, which left local governments saddled with mountains of debt, encouraged excess capacity in some industries and fuelled inflationary pressures.
Instead, Beijing has rolled out a series of more modest steps targeted at supporting more vulnerable sectors of the economy, while many local governments have eased curbs on property purchases in the face of sliding home prices and a sharp drop in new construction.
Premier Li Keqiang said earlier this month that China cannot rely on easy credit to fuel its economic growth, and said the country would only tweak policy in certain areas to aid activity.
Further measures are already being rolled out even as leaders publicly advise caution.
The central bank last week injected money into the country's top banks in a bid to help support the economy by keeping borrowing costs down, and media have reported this week that the "Big Four banks" plan to ease rules on mortgage lending in a move orchestrated by regulators.
stock is a monster!
This is the backlash from NSA spying that came out from Snowden affair.
This company will continue to fly with 100+% growth in 2015
never happen, more like up another 4 bucks next week
options premiums are pointing to 15 in next 4 weeks for october