Yes, although I should have defined the upper figure as the 200 MA, currently 45.43 which it did not break a few days ago either.
If I am paid can you please tell whoever to send the first check as it is many many years overdue.
I have told you many times before, no-one pays me to post so stop repeating this lie.
VAFB is just down the coast from you, you should ring ASO/VAFB introduce yourself and arrange a tour.
I'm pretty sure the stock hit $4.05 within the last two weeks all the while you was saying it would drop below $3 and then $2 on the way to $1 so I don't think the inaccuracy is on my part only just YOU ! ;-) You said the stock would drop well under $3 late last week and you went missing on the days it predictably didn't like the big slippery coward you are. As for IMSC if you take ASTC's favorable chart patterns and turn them completely upside down that is what IMSC's chart patterns look like, totally horrendous and it will take a mountain of good news for that stock to ever recover, so sorry to be the bearer of this bad news. The even sad part is there is no good news in the pipeline for IMSC just more losses and a skeptical market that won't fall for that old certification trick again when IMSC trots it out again with QPL. You are trapped in that stock for eternity with your losses and too dumb to know it.
You misread my post, I said earnings could be either profit, loss or break-even which is not the same thing you are saying or implying about the stock tanking if there is a loss. There is too much support in this stock to drop below the 2.0-2.5 range even if there is a loss and probably even the 50 MA at 2.80+ should catch it. General TA trends/moving average support is continually up as I keep pointing out which will keep pushing the stock up until further news and should hold the stock even under a lot of selling which we have had anyway recently with this WS 'Correction' BS. I don't think you quite understand all the nuances of stock price action as you seem to think this stock can only either be 1 or 3 ;-). 2.5 to 4.5 is a more realistic range and fits latest price action.
Operating expenses last quarter were just a little over $2.5m and that includes the cost of running 1stDetect
I don't know what you mean by quarterly burn as the company has been cash flow positive for years now. The backlog is coming down by about $2m a quarter if that is what you mean. Also investors should not get too obsessed with current income either positive or negative, it's how big the future is going to be that counts and that's needs to be explained in detail by management.
Also I don't believe the Street is much involved with this stock i.e. never any analyst targets. This stock's price has always been invariably driven by what Institutions and Retail have decided it should be in concert. Pickens can start to change that if he details a future road-map of expected 1stDetect business progress. There's no doubt now that it is a seriously advanced technology as all the previous links I posted over the years implied as Rigaku is a serious spectrometry outfit and have dozens of different leading products. Now he's got to point out in some detail what it will do for the ASTC shareholder in the coming future. Targets, estimates, now is the time to deliver them if he wants his stock's price to make the next leg up.
Earnings are too close to call, it could be any of the three outcomes, win, loss or break-even. The joker in the pack is the $3m+ GSE revenue still to book, was it last quarter ? Also the backlog was still $23.2 million after the quarter before.
Nearly half the trades today as for most of last week were short sellers so don't be misled by the artificial selling. In fact we are set up nicely for a prolonged short squeeze next week bound like a spring as we are against 3.2.
That 16-18 MA area was good support in the past so I should not be really surprised it would take more than one session to turn them back into support. Stock Consultant says that the stock is resting on support so 3.40+ will be attacked again next week providing the overall market is favorable as it has been the last two days.
3.21, at support, 3.24 ± 0.09, type Single, strength 3
+16.5% at 3.74 ± 0.11, type Single, strength 3
-5.9% at 3.02 ± 0.09, type Double, strength 10
-17.1% at 2.66 ± 0.08, type Single, strength 3
-49.2% at 1.63 ± 0.05, type Single, strength 8
-53.6% at 1.49 ± 0.04, type Double, strength 6
-56.4% at 1.4 ± 0.04, type Double, strength 3
-60.7% at 1.26 ± 0.04, type Single, strength 3
-74.8% at 0.81 ± 0.02, type Double, strength 2
-76% at 0.77 ± 0.02, type Single, strength 1
-78.2% at 0.7 ± 0.02, type Single, strength 1
-79.8% at 0.65 ± 0.02, type Triple, strength 3
'Me and Karen make big bucks if INTC closes above 24.92 or below 23.05 by Feb 28'
The 50 MA is 24.71, the 200 MA is 23.51, both have bound the stock since mid-January ...
Not quite turned those higher moving averages back into support. Still they were shaken up today and they will be attacked again next week and 50 MA is closing in on $3 too.