Who ever is long here probably picked it up on a scan of revenues and a market cap that looked out of balance. The thought is if they can just show a hint of a turnaround and you have an easy double. The thing is, its been this way for 15 years. Don't think you are going to pick this thing up now and the business is going to pick up or turn around next quarter or next year. The company is beyond fixing.
Yes I am here to save you. No need to thank me.
How about unpredictable and not profitable. 1.2 BILLION in losses in the company history, Inventory write downs, negative cash flow, and revenues depend on a list of customers to count on 1 hand.
I agree somewhat. Even with new leadership, the powers that be will not let them succeed. Their technology is also nothing innovative, so they would need a miracle man to help them or the shareholders. This company needs to be brought to the keep for scrap value, and that is much less than what it is now. I see a strong sell here.
Tablets declining over time? Why, that is ridiculous. Maybe in CRT terminals and walkie talkies, but why tablets? Pretty soon they will say their sensor hub sales will decline over time once they get one customer. I think its because once they get a flavor of QUIKs bugs, hiccups and delays, they want to throw em to the curb. Haa haa.
During 2014, we generated total revenue of $27.8 million which represents a 7% increase over 2013. Our new product revenue was $19.3 million which represents a 6% increase over 2013 while our mature product revenue was $8.5 million which represents a 9% increase over 2013. We shipped our new products into four of our targeted mobile market segments: Smartphones, Wearables, Mobile Enterprise, and Tablets. We anticipate that our revenue from Tablets and mature products will decline over time. Overall, we reported a net loss of $13.1 million for 2014 compared to a net loss of $12.3 million for 2013.
LOL. good one on the stale soda. Also fizzling out like a cheap 4th of July sparkler from China. Snap, crackle, pop, then only smoke remains.
Its not Pease, its the company. Its a retirement home with people managing their retirement plans. Its not their fault, that is just the way it is and has always been. There is no way out of it.
You make me laugh. This thing could go bankrupt tomorrow and you would still say I am wrong. That is how much intelligence you have.
This message was deleted so I thought it deserves another try.
Oh, the forces are at work here. woo hoooooo.
This is the most thoughtful and realistic post I have seen here in a very long time. Good one Grace. My 2 cents is that this company has re-started or changed course too many times which shows their strategies and technology are not what they appear to be from an investor or target market view. They are very unreliable and nobody can argue against that. It is really hard to say they have any advantage point since they are greatly overshadowed with the barriers to enter this market. With the 2-3 quarters out that you are saying, technology will also certainly change, other algorithms will be created, other much larger competitors will continue to remain good enough to use, and QUIK will ask for more money in the secondary markets to continue with their less than par performance.
I've said back on Jan 8th of this year that the next canary in the coal mine will be their attempt to license any of their technology. Their first was the CSSP catalogue strategy, now the sensors will be licensed? Forget about it happening.
I don't know how many more years this company has, but it will not be long until the secondary market strangles them. Reverse split also in the cards the next few quarters in order to do the secondary.
This is the time where you see high volume and the stock does not budge. Its the shorts covering and the tutes selling. Wait until the volume goes down, the price will go even further down the toilet.
you are both fools. Both not making sense or being wise. You should hold on to your shares and suffocate on them. The only way you'll be happy.
This is thoroughly confirmed.
Forget about the secondary, if that happens, it will be a last ditch effort in the 50 cent range. Enough time to build up a huge short position at these prices before they can go in and cover later in the secondary. That is how its done.
Maturity of the company is a positive? That is really funny. How about growth and profitability. 1) Estimates BLOW and are non-existent or inaccurate 2) they cannot call out the next quarter, never mind the year, 3) time table and profitability? WOOAH, they are totally clueless there.
Those shortfalls have been around for years. Most recently, they said profitability would turn at 10MM in revenue. They hit 11MM and still losses. That should have been your clue that they do not have a clue.
What is also odd is he bought on 2/10 the day before they announced the telepath product. Should someone cry foul on that? I guess they can argue it was not material.
I would not get too excited about that. Look at the history, He probably made near $400-500K last year selling stock very near the high along with all the other key executives. McWilliams told him to buy or he would have a short sale party on the stock with his buddies.
You would need multiple buys and from more than just one person.
All the other insiders have either an option exercise or sale/disposition of shares. Many with zero shares or a lot less that what you guys are holding.