You guys are delusional. Hopes and pipe dreams by association, tea leaves, promises, expectations and safe harbor statements have failed all longs here for many years. You have all been scammed for many years and you love it.
Great. Look at their track records. They either lost big time purchasing the stock outright or they were given cashless options that they asked out immediately to make a quik buck. Ha ha
It is foolish to look at one event and think you've established a pattern. The CEO is not the driver of the results here. QUIK.is a poor little fabless semiconductor company that is striking out every quarter. The pattern is with the company and the CEO cannot just simply shake it off. You can see it in their quarterly results and their inability to forecast revenue and how they will ever make a profit.
If you think of the recent design wins they announced, they are definitely money losing deals. You don't make money on these cheap little parts unless it is in extremely high volume. Why would you take a deal knowing you are losing money? Haa haa, go figure.
Poised for revenue ramp? They said that since 1995 at least 2 times a year. I think someone still has a lack of understanding. You say regardless of history? You are like the beaten spouse the still loves the person that beat them.
They came off giving guidance on the quarter saying SIGNIFICANT, and misleading investors, then announcing tiny money losing designs wins in CHINA hoping to boost the stock price and get suckers to buy and they did! All with hopes of boosting the price to get a stock offering price above 1 dollar. These guys are scam artists.
The only reason why an old man from Motorola comes to this company to lead as CEO is to RETIRE. This is a retirement home. They milked this company and shareholders for so long its incredible they have lasted so many years and was able to do secondary after secondary. Time is up and you guys who are saying this is speculative can enjoy the write-offs for years to come.
They are embarassed to announce. Probably enough money to carry them though one or two quarters until they close their credit lines and lose the manufacturing guarantees. If anyone says I don't know what I am talking about, then they are the one that is clueless.
John, if you are new here, this is just a repeat performance of the past 7 years since they announced the CSSP junk. Before that it was the same misleading statements since 1995. I know what I am talking about. It is a skipping record. This is the dead honest truth and nobody including you seems to care.
This is typical, they cannot give guidance or be transparent about anything. Totally unreliable and history says the same thing. They can say whatever they want as long as its within the SafeHarbor language they use.
This is what I have been saying, but NOOOOOOO, we should not look in the rear view mirror. Who ever says that has failed history and investing 101
I still think it is way overestimated. Growth rates look great when you deal with small numbers. Beyond tracking your steps and heart rate, what is next? if you have not bought one of these yet, you never will. For those who have bought one, what is going to make them buy another? Why is Fitbit down from stellar highs? Wearing a pair of glasses so you can text and see messages while you walk down the street? What else? You can name all kinds of things, but they will be such a small niche in the market, that they mean nothing. How this equates to QUIK is the same for smartphones. They LOST. Now wearables, if they have not been figured into any of the major players by now, then they will LOSE on this one too. They will have small one off money losing designs from here on out. Big high volume companies just don't deal with this company, they have a bad track record of being unreliable and stale.
Just like all the talk about Picos, this junk is going to wane. Even if Fit bit was quiks customer, they still wouldn't make a dime and it would be a few million per quarter
This thread is so clueless. Revenue ramp? Production shipments? Multiple Design wins? It is now going on about 7 years of BS with this language,safe harbor statements, delays, one off products, bridges, CSSPs, pico, now sensors and bridges and EOS3. This should go down in the bowels or stock market history lessons. NYC is certainly clueless and I can't believe Johnny and netfin can sit here and cheer it on. Un F'NG believablly stupid Fucs we have here