When did they start ? I don't even remember an Acer Intel phone ..ever ;-)
BK has already said he will not subsidize smartphone chips but let them grow organically which will really take off with the 14nm generations as they will be inherently good, cheap and integrated.
IMSC got a $25m ETD govt contract and they have $60m+ in debt ! This company still needs to find regular income because the NGCD contract if won will not be forever and probably be only worth $30-40m tops to ASTC which would only pay the bills for a couple of years. Pickens needs to finally deliver on his 2007 promise of $50-100m annual spectrometer revenue which unwittingly hooked in so many investors as was his intention. Time for the spectrometer profit story to actually come true.
They have about 4 years before the money runs out. If they get the NGCD MSID contract award in 2017 which will be tens of millions of revenue that should not be a problem as that should be a profitable award. Otherwise they will have to start selling convertible debt to any lenders who are interested in 2020.
'I say that there are times the market really doesn't get it and this is one of those times. No one is following this co. because our odd ball CEO has scared them all away. Better for us, better for anyone who can see a fortune staring them in the face.'
Too true although some are naturally cautious because of the initially strong placebo effect although seriously if just doing nothing was an option then BPH would not be a disease so it was obvious that those previous endpoint failures were not real ones but just statistical anomalies that would come out in the wash the longer subjects were observed. To me this drug is such a clear home-run in its field and all on its own that it is a no-brainer investment. The only similar home-run drug I saw was AVNR's and that got bought out in the end.
More made up FUD from you, the short fake long, as there is still $2-3m left in this facility. This facility has barely been used apart from paying undeserving management their tax liabilities in yet more free obscenely generous options for their combined 9-year failure and counting in not finding a successor profitable business model to Astrotech Space Operations. Pickens really lucked in here when he stumbled into being a Spacehab director from his lifelong business failures and then CEO and then just let the profitable space business tick over by itself until LMT came knocking having already failed to find a buyer by his own actions, no hard feat and certainly not an excuse for more stock freebies for him and his cronies.
So instead of using the buyback facility what it was meant for, it was used to give money to management while the stock descended from the 2.80s to 1.80s on very little volume. Seriously what clowns are running this company to let this happen ? I have told them time and time again, defend key moving averages and the stock will support itself yet they just let it spiral downwards with zero regard for public shareholders as per normal. Now those key moving averages which are now at 2.82, the 304-321 day moving averages, are miles away and are now a stock ceiling rather than a stock floor. Congratulation Pickens, yet more fake success, give yourself another million shares or two for doing absolutely nothing again !
Having had the misfortune to see you in 'action' for years I know you are the biggest liar and fake retroactive trader on Yahoo. You even claimed to have bought this stock briefly before slipping back into bash mode when you wanted more recruits for your loser commodity stocks who are only experiencing a dead-cat bounce and will turn south again. I am on to you creep, get lost.
Everyone who bothers to read the front page headlines does ;-)
'but sure the bull market that started in march of 2009 should last forever, that ain't gonna happen '
The greenspan put ;-). Ever since world central banks successfully tested the theory that you could print large amounts of money without runaway inflation the bull is still running. As core inflation primarily comes from a shortage of energy/food resources and/or workers they can still get away with this for the foreseeable future. The Bull market will run until the oil finally runs out and gets scarce and expensive but that could be 50-100 years away.
williamszxz's MO is quite simple, he runs around to all stocks that have made gains and then pimps the loser stocks he is in to recruit more bagholders in the hope he becomes less underwater. Just say no.
Volume spikes happened at 2.16, 2.23 and 2.19. These were the previous days five, seven and six day moving averages respectively. Volume happens when support meets resistance a bit like a matter/anti-matter reaction. Moving averages above a stock price are resistance and those below a stock price are support.
my my, is our resident psycho stalker so lonely today that he has to again resort to abusing strangers to get someone to talk to him ? ;-) Ok I'll bite as you seem so sad and lonely, just like Wallis I only use this one alias unlike you who apart from being a boob is also many others which all post the same boring unimaginative off-topic personal attack rubbish. Considering the arguments I have had with that wicked waldo character it is strange that you think that we the same but then again no-one will ever mistake you for being bright and sharp ;-).
I don't see lack of institutions as a minus more a future buying plus because when they all eventually belatedly pile in when success comes they will seriously reduce the retail float. This company and stock is still under the radar which is a good thing in that you can still get it cheap because once it goes back over 6 it's never coming back.
For completeness the old moving average support above 25 is a 4.5 year band from the 790 to 1020 week moving averages. It took a hell of a lot of buying to eventually escape breakout from 26 and it will need a lot of selling to get back under it permanently.
Well Marco perhaps you can now see at least the technical reasons why this stock trades not only above 25 but 26 too really. The really old moving average support above 26 is really quite strong and is a two-year band from the 820 to the 925 week moving averages. All these MAs have strong continuous upward slopes which is quite something considering we are talking about averages over 15 years old.
Well the dust has settled and 26.38 held, there is literally years worth of moving average support in the low 26s and will not be easily overcome, probably will take a bad earnings/forecast to do that.
The expected rate rise has already played havoc with emerging country currencies so perhaps the FED need to take account of global interconnections more before rising rates. The world and US is still more in danger of deflation than inflation and perhaps waiting until 2016 may be the best policy.
I said similar a few weeks ago for the same reason although 'kill' is too strong a word but certainly batter some more. AMD will only recover if Zen is any good otherwise it will continue to take it on the chin from Intel.