Yeppers, they did it!!!!! Actual profit from operations! Yowsa, thank heavens I didn't sell all my shares!
(but sold everything else, this market is really crazy at the moment)
I thought last Q they did a pre-release for some reason. Anyone know why they didn't do it this time, and what that might mean?
I know I'm looking forward to the next couple of ER's to see if they are able to follow their plan and execute. Sheesh, if only they could have had their Fab's ready sooner and the China factories pumping faster. Truly, OCLR could for the first time in a very long time have genuine profits. I'd sure like to see them rocket north same as NPTN, wowsa, now that one was a ride.
I never thought I'd see this under a buck. Probably it is compounded by not only the low oil price, but now also EOY tax selling...
Either way the real question is whether AXAS can stay in business, if so, then this is a buying opportunity.
Both are in the same space - yet OCLR fell hard today but NPTN actually did well. What gives? I wonder if all the stop loss orders got hit and shorty showed up to keep it down. Only explanation I can come up with that even slightly makes sense. This company is turning around, rising target and EPS numbers. What a drag...
Agree with that assessment - I've seen only 1 where the price went above the RS price, all others I was in dropped. RS is BAD for shareholders in general.
Agreed....up substantially in the thin premarket - but now can't even get it up. For sure shortie must be pulling the trigger to stop the rise. Look at NPTN, they are at highs almost 11ish. We should be at 5-6 now not 3.
Iran said today they are increasing their pumping by 500k barrels per day once the sanctions are fully lifted. And, they are NOT gonna talk about it with the rest of the OPEC members. Sheesh....someone needs to stop all this extra capacity coming online quick! Who is gonna blink first, Venezuela, Russia, Saudi's or Iran??? And the BIG question, how come my local gas station is still 2.24????
every day seems a little bit lower....someone posted that we would drift lower until more news. Seems they were accurate for sure....the runs up are great, but time to sell was several weeks ago, time to buy back in several weeks from now. IMO