Fractured in the recent PPS fluctuation is an overdose also called tax selling season, this will dry-up eventually allowing QTM to resume trading accordingly, the PPS is just "ridiculous" even a blind man could see that
News like this, like locations, locations, exposure does it all and regardless if NASA is already an existing customer, savvy investors feed on this kind of news, lets hope this release built foundations and serve as a catalyst for better time ahead, I have no doubts that QTM will succeed in their quest and if you believe the same, time to buy/accumulate has never been greater.
NASA Selects Quantum's StorNext
0.25ct projected loses PP/s next QT it doesn't portrait a "rosy" picture, better sell fewer units but make every unit sold profitable, excellent products, poor management, they should be at least at 46% gross margin per unit sold to be able to generate positive cash-flow.
Can't agree more, but 46% gross margin is not to shabby, the problem as mentioned is the operating expenses and I cannot figure it why, this could have been a good question to be addressed during the conference call.