And THEN we'll get back to $5.50 in a heart beat. I feel sorry for those that sold because of the SA articles, at least the negative ones. The positive one said it all and in very understandable terms.
With all the bashing, stock was up 2.18 % in a down market; we'll see that today again with reduced volatility. A nice nice slow ascent back up to the mid $5s is ahead CAMT has technology that is needed out there.
I am happy that I only had enough cash to buy 50 shares five minutes before the dilution info came out. The poster that said we should have paid attention to the insider selling .... Oh well, I could have bought 1K shares instead of 50. Good thing I had to wait for my sale of "YY" to clear before I had another $8K to invest. Whew. Oh, ONVO will be back to $9.50 in a week or so after the market realizes that dilution is just part of the story of a start up company. Notice they said shares will be sold "at the market" not some ridiculously low price per share. Just hold and average down every 50 cents the share price declines.
$60 remains 1 yr target.
Probably will reach $10.20-$10.50 by then.
clear their books. Open around $9.30-$9.50 Monday.
Dumping yesterday is the same as selling during the sell off in 2008. I guess some people trade that way: buy high, sell low. I'm holding till my $8.90 per share starts making a profit. I'm only 72 so I have at least ten years for that to happen and I'm patient.
One would think that would be a Yahoo! U.S. company but it isn't as far as I can tell. Softbank capital list Yahoo! Japan as one of their resources. Comments?
If SFTBY's debt apparently is no concern of Moody's as it is upgrading Brightstar as a result of Softbank's investment. A holding company or a business development/investment company is expected to have a lot of debt. Companies Softbank has invested in or purchased are worth much more than they were when Softbank invested in them.
Yahoo! Japan recently invested big bucks in Softbank in a special project. Worried about Softbank's investment in SPRINT (S)? Sprint closed at a 52-week high today. Worried about Softbank's investment in private company Brightstar? Effective in Dec. when that deal closes, Moody's said it will upgrade Brightstar's credit rating to "positive". The "big boys/shorts" can take Yahoo! down 2 bucks in 5 mins. Softbank has too many things going for it and is so massive, that the "big boys" can't budge it (look at SFTBY's 52-week chart).
Softbank's recent acquisition, Sprint, closed at a 52-week high Friday, Nov. 20' and it's other recent investment in private company Brightstar has Moody's blessing as it ;props up Brightstar with hardly a bump in Softbank's great liquidity. Check out the chart for the year and for month --impressed?? I am and sold half my YHOO to own some of this pink sheet jewel and watched YHOO close in the red and STFBY continue its climb to the stars. Climb aboard, mates.