yes I realize that @greg but based on the quarterly report, I am saying that. December 12, 2014 is the next key date. Lets see how the stock trades the next day :)
It is very positive to see so much attention at VMEM earnings. Sheer number of investors focused on the stock is very exhilarating. It proves two things. One, great hope and interest that VMEM has taken ground and far from being written off for good , mere six to seven months ago. Second, minimally if it is confirmed, after earnings announcement and conference call that the turnaround is now in the high growth rate, will propel the stock forward. GLTA :)
the stock is going to keep moving u going forward. If they stock goes down because of hedgies action, i will be there to buy my share. I still say to all, watch the monthly events on the website and what i post here. For example, the Novembers events is already telling me the current quarter or 4Q ending in January is already in the bag. GLTA
The number of analysts and hedge funds (hedgies) and professional (pros) investors will tell if VMEM is gaining momentum. Anyone want to guess how many of these analysts/hedgies/pros were on the last earnings call ! GLTA
Violin Memory initiated by Maxim Group at buy with Price Target of $8.00 complete details not yet available. Al major news services reporting this. anyone has more info please post. Thanks
Also yesterday, it was announced that Steve Wozniak is joining company called Primary Storage for simplifying enterprise storage. He is joining other co-founders of fusion IO. if you search Google, they have articles with architecture on what they are trying to do. Being non technical geek, look for more laymen explanation for VMEM investors to be worried or else. Thanks
not everybody reads this message board and nor do they read and research on the company progress or read articles. Thus they are not informed. In the vacuum of any news from company due to regulatory environment pre earnings report the shorts are playing with this stock. Still maybe some bad news are coming out with the earnings report that we are not aware abut but that seems unlikely as CEO KD is straight shooter and shareholder / investor friendly. @greg you are expert on technical reading and so what do you think the stock will do once it starts to move on the up side ? are you done buying or are you still buying ? Thank
thanks. Then barring any unforeseen negative surprises, all systems are ago for either a buyout or stock to shoot up :)
Follow the CEO KD . don't expect any fireworks but pay attention to all the elements of what makes a great company to invest in, going forward. qtr over qtr, order backlog...EPS stability, BOD and Management own big chunk of stocks and options. Here is what he says:
"I think the growth rate is accelerating," said DeNuccio. "We'll be conservative and methodical" as we grow, looking to build an order backlog.
Clearly he is focusing in accumulating cash on the company's balance sheet. aka: he is taking stock compensation. I still believe (just guess) VMEM is on the prowl to buy another company. Also, the next product update release (3D NAND) will need lot of $$$ to roll out as VMEM will be going after replacing the entire Data center to all flash.
My understanding was that violin gets exclusively all new products and technology related to flash from Toshiba ahead from everyone else and rest of the competition has to wait like 15 months. Someone with more indepth knowledge needs to clarify this for all here.
please clarify ! do you mean $5 is going to be high for a while ? or it will leave $5 in the dust as it moves decisively higher. Thanks
I have been watching for few weeks now and someone has been putting these 80k to 85k blocks on the ask and holding the stock price down ? just cannot figure out what the motivation is ? has been very frustrating but glad to see the stock beginning to trade around $5 mark.
Well, November has started and below please review VMEM November 2014 events. If one scrutinizes the listing, new executive level hires are present ting at Key shows and conferences and in most cases in conjunction with alliance and software partners (DELL, SAP, Microsoft , openstack etc) . Google the new hires and be ready to be blown away by who they are and what there accomplishments are. :)
Hilton Midtown, New York, NY
Presentation: Revolutionizing the Economics of the Data Center
Fahima Zahir, Director, Channel and Field Marketing
Open Stack Summit Paris
Palais De Congres, Paris, France
Presentation: High Performance Flash Storage Solution on OpenStack Case Study
Monday, 3 November 12:30 p.m.
Erik Randles, Vice President, Alliances and Business Development
Micrsoft Transform The Datacentre Workshop
Waverley Gate, Edinburgh
PASS Summit 2014
Washington State Convention Center, Seattle, WA
Dell World 2014
Austin Convention Center
New Jersey HIMSS
Bally’s Atlantic City Hotel & Casino
WEBINAR for Asia Pacific – SAP in a Flash:The Game Has Changed
Hosted by SAP and Violin Memory
Presenter: Shawn Blevins, Violin Global Vice President
12:00 – 1:00 p.m. SGT (Singapore Time)
@techinvestor2014 KD in presentation at early may'14 tech investor conference had stated that he wanted 85 milion in additional funding to bring company to profitable level. So after taking out 20 mil of secured line of credit, we now have approx $230 million in the bank...that is three times what he asked for back then. plus in three years with profitability, more $$ in the bank. Sure raises eyebrows as to what the money is for ?
@atiq_raza very good explanation but that leaves approx $230 in the bank ? gotta be that VMEM is on the prowl....
@cld9731 have no idea....that is why I am asking all gurus here...i am sure if we collectively put our ears to the ground, we can find out the answer.
The company sure is doing well and earnings are going to be solid but it seems a lot of shorts are going t o get burnt.