Certainly don't buy in this $5-8 range like a bunch of insiders did over the past few months. They surely don't know anything. lolz.
With the completion of the offering of earlier this month, I estimate approx # of outstanding shares would be 29.65 million, making market cap approx $115,000,000 using AH price of 3.90. Could someone more experienced with this co confirm if I am calculating this correctly?
I had fib at 6.34 (50% of 4.98 - 7.70 move). it hit it exactly, bounced, and has held above it. looks good for more upside to me. Once this takes out $7, which I believe will happen in next few days, I believe we will have stable trading higher to the $9 range. Fundamentals look in place, and street is going to anticipate potential additional beats going forward....this should trade in a healthy manner from here imo. First time long this; bt today after some extensive work. thanks for your analysis btw.
doesn't matter, stock just churns directionless. market expects more wins, barely reacts.
i agree. i hate being in this for that very reason: the trading makes no sense. was out of it for 2+ months and didn't miss a thing. Storage stocks and other things are trending hard and my capital is getting mauled in this chop and churn. I'm out again tomorrow and will be just before close on ER day, wherever price is. after a pop on ER, I'm done with it for good. gl.
I have to agree; am on sidelines but may short. terrible relative strength over many months now. Want to be long but too dangerous. shorts in control here.
How can it be a value if they are missing estimates and losing money, with an outlook for more of same? Value of such businesses in long run is zero.
An average of 9 analysts has them at a loss of $0.23 for next year; what are they seeing that you are not. I do not see how this company is going to be profitable anytime soon and is hitting new lows. Looks like it could/should trade significantly lower until they can actually post profits.
Oh it'll be going somewhere this year I believe. Already on its way. lolz. I think they will be filing for slight symbol change: ASCMA to ASCAM. Get it? More true to reality.
Can any investor explain how this company can continue to survive in coming years? 1.64b in debt, losing $2+/share per year, ~$500 mil in revs, with much of that coming off contract over coming quarters, new biz too expensive to buy and seemingly not profitable even if they could negotiate w/ their lenders for more $. They don't even have data on their customers, per the last cc, as distributors sell and don't even give the co the info.
What am I missing?