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Oclaro, Inc. Message Board

shareholder_in_residence 54 posts  |  Last Activity: Aug 29, 2014 5:24 PM Member since: Nov 4, 2010
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  • Reply to

    KScott = NTWK Employee

    by shareholder_in_residence Aug 29, 2014 10:43 AM
    shareholder_in_residence shareholder_in_residence Aug 29, 2014 5:24 PM Flag

    I'm no comedian. However, if NTWK turns around into a decent company, then surely I'll buy some. I have no qualms about going from disliking a company to pinching my nose and buying a few shares. Right now however, the long term trend is still in, and the mgmt. is still opaque. Today clearly the market was saying SELL.
    IMHO.

  • shareholder_in_residence shareholder_in_residence Aug 29, 2014 3:53 PM Flag

    Seems to me the "computer system" tracking all this must be the alert that further due diligence is needed in order to formulate a lawsuit? Sorta like the canary in the coal mine, something is up at NTWK, look at the decline, lets see if there is anything suspicious we can grab onto?
    Except, NTWK may actually have been hiding or misleading investors which is still to be determined. I'm sure you are in the industry, guess you must have forgotten to mention this....LOL
    IMHO.

  • Reply to

    NTWK is toast....

    by shareholder_in_residence Aug 28, 2014 5:42 PM
    shareholder_in_residence shareholder_in_residence Aug 29, 2014 12:02 PM Flag

    I don't short. However, hindsight is 20/20. I sure do wish I had shorted when this was above 4.
    I'm not good enough or nervy enough to short a stock, in my mind just too much risk. And since I'm not one of the big boys with their own research department, I don't have the inside knowledge when a company is ripe for a fall. NTWK has 9M share float, which means moves can go either way very quickly. I dislike the current management, just look at the history of this stock and you will see it is a permanent downtrend. They (mgmt.) have done NOTHING for shareholders. That being said, the 16M deal recently announced means this is a risky short too, as one can get caught with their pants down quickly.
    All I have to see is the 2 reverse splits in the past 10 years to know they are not working for shareholders.
    IMHO.

  • Reply to

    NTWK is toast....

    by shareholder_in_residence Aug 28, 2014 5:42 PM
    shareholder_in_residence shareholder_in_residence Aug 29, 2014 10:49 AM Flag

    No more catalyst, and opaque management = NTWK goes down Down DOWN.
    IMHO.

  • shareholder_in_residence by shareholder_in_residence Aug 29, 2014 10:43 AM Flag

    Otherwise why the solid pumping day in and day out? Either that or he really has been holding since above 10! In that case, I sympathize with you Kscott!
    IMHO.

  • Reply to

    NTWK is toast....

    by shareholder_in_residence Aug 28, 2014 5:42 PM
    shareholder_in_residence shareholder_in_residence Aug 29, 2014 10:22 AM Flag

    Gosh, if I sold under 3 you must have been holding since over 10! LOL You have no idea what my position is of course, you are trying to show how superior you are. Well guess what, that 40% jump the other day only made some longs EVEN, back to the levels before the huge drop. The ONLY people who have made money are the ones who bought at 2.80ish and SOLD the next day. As you can see, every day brings this lower since that event. Smart money took profits and RAN. Smart shorts RELOADED and are pushing this back down. That brief jump above 4 was the entry point for a lot of new shorts.
    IMHO.

  • Reply to

    Any reason to continue to hold this stock

    by e_c_schwartz Aug 28, 2014 8:12 AM
    shareholder_in_residence shareholder_in_residence Aug 28, 2014 6:44 PM Flag

    I'm expecting it to revisit 2+ this fall, when everyone is back from the Hamptons. Until then we are on auto pilot.
    IMHO.

  • Reply to

    OCLR is a pile of junk

    by mrbckr05 Aug 28, 2014 12:56 PM
    shareholder_in_residence shareholder_in_residence Aug 28, 2014 6:43 PM Flag

    I agree, they have good tech. Now we just need the Mgmt team to turn the boat around and fire up the engine....!

  • shareholder_in_residence by shareholder_in_residence Aug 28, 2014 5:42 PM Flag

    Unless they can drive some more deals. Don't forget, that 16M deal is over 5 years. So that's 3M per year averaged out. All the new staff they have been hiring have to be paid by someone. If NTWK can't come up with more deals, expect to see their profit (if any) washed away QUICKLY. And the revenue needs to tick up a lot for this company to prove itself once again to the shareholders.
    Enjoy the run....oops, wait I guess its OVER. Enjoy the fall. Again.
    IMHO.

  • Reply to

    Makes no sense

    by papagleason Aug 28, 2014 3:35 PM
    shareholder_in_residence shareholder_in_residence Aug 28, 2014 5:39 PM Flag

    Yes, my belief as well. A bird in the hand is worth more than two in the bush.

  • shareholder_in_residence by shareholder_in_residence Aug 27, 2014 10:09 AM Flag

    It's my thesis for today's jump. A 16M contract does not make this company viable. They need a string of them. Wait and see. But for those of you who bought yesterday or in the previous few days, I'd be selling. A bird in the hand beats two in the bush.
    IMHO.

  • Reply to

    SELL ASAP

    by drmlk3 Aug 27, 2014 9:37 AM
    shareholder_in_residence shareholder_in_residence Aug 27, 2014 9:40 AM Flag

    It won't be there today, but in another year or so? Perhaps. This thing is run by crooks and folks with one goal: their own pockets.
    IMHO.

  • shareholder_in_residence shareholder_in_residence Aug 27, 2014 9:38 AM Flag

    Perfect selling opportunity if you ask me. Anyone who bought yesterday should be selling now, lock in that profit, it will be fleeting. And, don't forget, its part of the dead cat bounce.
    IMHO.

  • Reply to

    Reverse Split Coming.....

    by shareholder_in_residence Aug 26, 2014 1:45 PM
    shareholder_in_residence shareholder_in_residence Aug 27, 2014 9:25 AM Flag

    I understand if you can't refute my arguments. They are very persuasive, and backed by facts. Yes, I guess that does make me pathetic.....LMAO
    Sorry for your loss BTW.
    IMHO.

  • shareholder_in_residence by shareholder_in_residence Aug 26, 2014 10:03 PM Flag

    So here's a question for all you smart folks out there!
    What's to stop the current bozos who run this company from transferring their cash and assets to say, a Pakistani subsidiary and leaving the US corporation a mere shell? Would lawyers be able to make US shareholders whole? Is there some sort of "international police" that would go and make them give back the funds? How about NO! Think about it...this firm is iffy at best, and has current ties to other countries where we have no formal agreements in many legal issues. Thus, it would be easy for them to abscond with the material wealth (if there is any left) of NTWK and live happily ever after. Think it can't be done? What is the price to make it happen to the CEO? 5 million? 10 million? You will find out only after it is too late.

    The piranha lawyers will ensure something happens. What it will be is anyone's guess. But the past history of the bozo's running this firm really make me wonder how low can they go......
    The day it stops trading in the middle of the day will be the wakeup call for you all.
    IMHO.

  • Reply to

    Reverse Split Coming.....

    by shareholder_in_residence Aug 26, 2014 1:45 PM
    shareholder_in_residence shareholder_in_residence Aug 26, 2014 9:52 PM Flag

    OK hotshot, please explain why they did the previous TWO reverse splits.
    Reverse split, Aug 2003, 1:5
    Reverse split, Aug 2012, 1:10
    So if the first one is 1 for 5, and the second one was 1 for 10, that means they have done 1:50 so far. Fifty shares for one new one. Pretty steep don't you think? And if you look, I'll BET you see that their shares were reissued SHORTLY after the split, increasing the float at the higher price. Think I'm wrong? LOOK IT UP! It's no wonder if you look at the long term trend, it has been down Down DOWN the entire time. Get a grip. And do your DD.

    I think it is too funny that folks think that insurance will cover the cost of the Piranha lawyers. This is just plain wrong. It is going to corkscrew this company into the ground. Think they can't flee back to Pakistan with the funds? Think there can be no international transfers? Really, In this day of Inversions? US stockholders can turn to bagholders in one transaction. And if you think you can get it back via attorneys.....LMAO. Guess again. The best place for lawyers is at the bottom of the ocean. But guess what, they have all washed ashore at NTWK, looking for food. Mmmmmmm.
    IMHO.

  • Reply to

    Law firms are piling up on Netsol..

    by jk4763 Aug 26, 2014 4:03 PM
    shareholder_in_residence shareholder_in_residence Aug 26, 2014 9:42 PM Flag

    They will have their lead plaintiff soon enough. Thing is, they only one need to get one, and the rest will then follow that lead. They all then join as a class-action and it's game ON.
    Either way, NTWK will have to cough up documents, focus their attorneys on the lawsuit, and do due diligence on the documents, interview the witnesses, etc. All while trying to get clients on the new platform. And really, really, if I were a Nissan, GM or Ford, or Toyota dealer, would I want to spend millions on a software platform from PAKISTAN from a company that is being SUED? Really?
    Not my money. And not my dealership. NEVER. Ever called DELL for assistance and got someone from India you couldn't even understand? Enough said....
    Bye Bye NTWK. Circling the drain you are......
    IMHO.

  • Reply to

    Time to buy

    by working_on_1st_million Aug 26, 2014 11:59 AM
    shareholder_in_residence shareholder_in_residence Aug 26, 2014 9:36 PM Flag

    Are you serious? Pirhana lawyers circling like this is the best hamburger ever, and you say time to buy???? Get a grip! This thing, unless the morons running it can get out some news on clients buying the new platform, it is going DOWN. There may be a dead cat bounce, but that is all it will be. The Street had it right, declining revenues, bad product, bad management, bad accounting in Pakistan (do they even have accounting rules!) make this a "wish" stock. "I wish it goes up" "I wish it will double" "I'll toss a penney in the fountain to make it go up"
    Unreal. Time to buy? Maybe. Or maybe not. IF it gets to $1 then I'll think about it. Until then, do your DD. This will be reverse split and mgmt. will issue new shares to keep the money machine rolling. For them.
    IMHO.

  • Reply to

    Reverse Split Coming.....

    by shareholder_in_residence Aug 26, 2014 1:45 PM
    shareholder_in_residence shareholder_in_residence Aug 26, 2014 4:07 PM Flag

    Where is the misinformation? You can look those reverse-splits up yourself, on Yahoo even. Do the DD, you will see. As for the rest of it, really? Last time I checked NTWK is getting sued for DELIVERING MISINFORMATION in violation of SEC regulations. I don't know if the lawyers will be able to prove their point. But companies generally do not get sued like this unless there is blood in the water. And it would appear, by the number of firms joining forces, that there is a lot of dirty laundry that is going to be aired during the process. Of course, that is my opinion. However, the reverse-splits are FACTS. Check it out yourself.
    IMHO.

  • shareholder_in_residence by shareholder_in_residence Aug 26, 2014 1:45 PM Flag

    Here's how management has been making their money:
    Reverse split, Aug 2003, 1:5
    Reverse split, Aug 2012, 1:10
    Based on their history I guess one could say no more reverse split for 9 years, LMAO, but since both reverse splits the stock has TANKED, I'd suggest they won't be able to wait much longer.
    There is a history here of taking shareholders out back and fleecing them. Expect more of the same. A sound business with PROFITS would never do this unless it was a last resort. But then, if one has profits there would be no need for a reverse-split, would there?
    IMHO.

OCLR
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