Keep talking to yourself because the entire Yahoo! community has been on to your B.S. for months.
Surprised it hasn't been mentioned.
Because their business model sucks and isn't making squat in the way of making money. Gotta dump shares and keep management's pockets lined. At least someone is making money from this total sham.
Truth is upset because he's one of the lemmings that sold and got flushed out along with PennyLESS, his toilet cleaning partner and brother. Like I said, those two between them don't have two nickels to rub together, meanwhile, this Truth character cuts and pastes the same thing every day, as he can't even form a basic thought of his own. That's what you get with a heavy concentration of retailers in a stock, but I think Hallum just did everyone a long term favor.
That's one thing they stated very clearly on the last CC .... that they will NOT be raising capital.
I'm not a rampant pumper like everyone else here. There's still risk, but pumping the stock like you lemmings were above $1.50 was comical after the recent earnings that were posted. I clearly defined the risks when I grabbed a small starter at $1.33 and let my feelings known about management. Your pumping without proper analysis is a joke. Stick with mutual funds kid.
I just tell it like it is and while many don't like it .... I really could care less about opinions of my analysis, as I make money from being able to see what needs to happen in order for the next step to arrive. We're here.
And I'll tell you right now that if the company starts collecting this $1 to $5 per handset they spoke about in the last CC, the stock will be a homerun. And if they somehow get in the 100 million handsets they have their sights on ? The stock will be over $35.00 (plus). Lots of ifs, but a starter is beyond warranted down here near $1.00
So Craig Hallum (total hack analyst) reduced EPS estimates to .03 next year (seems like B.S. to me while their cronies load up), yet has .16 in place for 2016, some 433% growth YOY. Assuming Hallum is right (I'd bet money he lowered estimates in order to get more tute friends in the stock), there's no premium built into the stock for this 433% growth and if he's right, 2016 EPS of .16 will translate into nothing less than a $3.50 stock. Would you buy now for a 250% return with a 6-month in advance rise in price prior to the 2016 numbers ? Your odds are excellent in buying the stock today and you can thank lemming retailers later for this gift.
Not your B.S. again. Geez dude, I thought you took my last piece of advice and drank that bottle of cyanide. Guess not.
That's exactly what I alerted my trading room to early this morning, as the stock is now trading lower than the last insider purchase.
You won't even be posting here next month since you can't pay your ISP bill. LOL. And you call others "Losers" when in fact you've been pumping this trash for well over $1.50 ? Say, to help you pay your ISP, come on over and I'll let you scrub my toilet. Bring PennyLESS along as well.
Could still go much lower, but I think bigger players will start accumulating retail shares sold due to margin calls and fear.
something him and this "truth" dork are accustomed to. These two geniuses don't have two nickels to rub together.
I could make a strong case as to why .87 would still make the stock very expensive, as the forward P/E based on that price and in line with Craig Hallum's EPS estimates would be 29 .... that ain't cheap by any means. Meanwhile, management will keep on deflecting to analysts while diluting the living daylights out of this total P.O.S.
Doesn't matter if it's a small shop. I've been friends with Matt Hayden for years and I know what he charges. Bottom line is that this fantasy-land story is beginning to fall on deaf ears.
Hayden IR is just about the most expensive IR firm there is. How's that quality investment working out for them ?
The shake-out will be strong and is picking up steam.