When they report next month we will see how many shares they bought in the 1st quarter. This should tell us their activity level and if these big blocks are them. They had bought something like 70k shares as of 12/31/2015. So check the 3/31/2016 number.
Complete failure across the board. This stock is as dead as a stock can be. They need to put up the for sale sign. Try to get $7-8 for it. By not doing this the Board is breaking it's fiduciary responsibility to maximize shareholder value.
True. Nice day, but we have been through this before. Have to see if any follow-through or back below $5.
Four straight days under 20k in volume. Stock is deader than a door #$%$. Absolutely nothing here to get excited about whatsoever. $1 share EV valuation is the norm apparently.
Many new bagholders created over the last two days. Welcome to DDD! It is a brutal place to be a bagholder. But have solace that you are not alone!
The buyback period was 6 months. We are 3 months into it. So they only have 3 months left to buy. And it appears they haven't bought much. Pathetic.
There is no "break even by years' end". The "break even" they keep touting is ignoring R&D expenses, which were $50m a year the last two years. So "break even", except for the $50m in R&D costs. And they are most certainly under $100m in cash as of today. There is no path to final REDUCE-IT without major financing. And that has put a huge LID on the PPS.
I was surprised to see they hadn't bought any stock back. Maybe they expected a drop after earnings. Lots of big blocks going through today so maybe they are now buying. Makes sense to buy all they can under $5!
$4.45 a share right now, which is unbelievable. $149m valuation, so $26m taking out the cash. Sales over $100m and over $4m cash generated this year.