GigOpttix has 60c/share cash and zero debt....Analysts have a $3/share target which will likely be raised after today's earnings report.
Preannouncement: (June 29, 2015)
- Record quarterly revenues
- Record non-GAAP profitability
- First GAAP-profitable quarter ever
- Raised guidance for FY 2015 - This means that 3Q & 4Q 2015 will also be GAAP profitable
- Growing at over 20%/year CAGR
- fastest growing company in the semi industry
Other excerpts from preannouncement:
Continued robust demand in the firm's High Speed Communications product line - primarily for its QSFP+ drivers and trans-impedance amplifiers (TIAs) for data-center active optical cables (AOC) and transceivers, and the linear-coherent 100Gbps and 200Gbps drivers for use in long-haul and metro telecom applications, as well as new business opportunities in the Industrial product line – has resulted in the higher than initially forecasted revenue.
Based on these preliminary revenue results for second-quarter 2015, along with continued healthy margin performance and tight expense controls, GigOptix also believes that it will achieve positive GAAP net income and record non-GAAP profitability.
In addition, as a result of the better than initially forecasted revenue performance for first-half 2015 (up 22% year-on-year) and the current continuous strong growth outlook for both the third quarter and the remainder of 2015, GigOptix has raised its revenue forecast for full-year 2015 by 4% (from the previously announced guidance midpoint of $37.5m) to at least $39m (up 19% on $32.9m for 2014).
I agree. Just a ploy of MMs on a (currently) under the radar gem. GIG ill not be under the radar anymore after Monday's record earnings and strong outlook.
Warrant conversion is over.
See ya at 45c in a few days
Best biotec stocks to own.....easy double
Read the stuff about Lpathomab. I am sure LPTN will find willing partners to share the clinical costs
and LPATH has 65c/share cash and no debt.....and a 13 million share float
Callate macumbero tonto
see ya at 50c + next week basher/buyer
in fact LPTN will close green today......call the company yourself....:)
SEE YA AT 45C NEXT WEEK
LOL..right!!......that's the way that dude sounds. Mr. Irrelevant is his name
But LPTN is strong and recovered quickly
This stock recently formed a double bottom chart pattern at around 25 cents per share. Since that bottom, this The stock has now started to spike sharply higher and is quickly moving within range of triggering a major breakout trade. That breakout will trigger if shares of Lpath manage to take out some key near-term overhead resistance levels at 30 cents to 32 cents per share and then above more resistance at 34 cents per share with high volume.
Traders should now look for long-biased trades in Lpath as long as it's trending above some near-term support at 27 cents per share or above those double bottom support levels and then once it sustains a move or close above those breakout levels with volume that hits near or above 435,494 shares. If that breakout gets started soon, then this stock will set up to retest or possibly take out its next major overhead resistance level at close to 50 cents per share. Any high-volume move above 50 cents per share will then give shares of Lpath a chance to re-fill some of its previous gap-down-day zone from May that started near $1.75 a share.
My conclusion is that you are a jealous fool. You posted that lie when LPTN was trading at 29c....since then it gained another 10%