If you recall on that YouTube interview posted with a Clearfield top dog not too long ago it was said the company has a large number of projects in the pipeline and that some of them could bear fruit in a substantial fashion.
Agreed that the stock looked great today. Do we have any confirmation that CLFD is involved with the Google project?
Unfortunately it seems the only news that moves EZ up is a conference cancelation. Until we get better management or product diversification we will be subject to exaggerated volatility of the tech sector boom/bust cycles. I think there is one more run up in the stock coming and I will bail when it hits because EZ stock never holds on to its gains. EZ is not a good long term investment because management has not been able to truly grow the company and that is a corporate governance issue. They should either go private or sell to a larger outfit that can integrate their specialized technology into a broader line of products.
I believe that we won't see any strengths in the company numbers for a few quarters. If CLFD can get a large piece of the fiber builds that are in the pipeline than we should return to the hyper growth phase. At any rate I am tempted to increase my position when the stock drops below 12 bucks. With the expansion of production facilities the company certainly believes that its best years are ahead of it. Lets hope they got it right...
It would have been even better if they listed the names of the companies supporting the build...but I admit that isn't realistic. Plus, it might be premature to even think they have lined up all their suppliers. I wonder if an email to the company might shed some light. Unfortunately they don't like to tell shareholders too much...
I have to listen to the call but clearly the market is out of whack and too many E&Ps are getting trashed simply because the market is in one of its many irrational phases. I am hoping that I can buy more after the shorts pay their dues.
Most likely just a short. Shorts typically add little to the discussion since they are just short timers. I always love seeing shorts hurt badly.
I have been watching MHR for a few months and although I did not get in during the fire sale I am hoping to start building a position today if the stock pulls back a tad. As a primarily natural gas company MHR has been unfairly punished with the pull back in oil prices so this is a classic case of tossing the baby out. It seems to me that there are too many US based E&Ps on sale for the last month or so and we will look back at this period and wonder why we didn't back the truck up...then we will tell our selves "the next time this happens I will mortgage the house..." and we will get cold feet again. I any case I am always glad to see shorts go bankrupt.
Did mean buyout at $14? Stock is up 8% today. Up in after hours trading too.