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
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.
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.
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.
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.
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.
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.
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
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.
Oh boy. What did I tell all you guys? The special thing about this company is whatever they tell you about the past and future is specially designed to fall into safe harbor statements and pipe dream ignorant investors (you know WHO!) minds to keep the stock trading. QUIK is losing money hand over fist just to put the stuff into any device they can and say they have revenues. They are giving it away!! Don't believe a thing they say because it has been like this for the past 15 years. 1 more quarter like that and they will need another cash infusion.
Reverse Split coming to your investment account SOON.
So I guess you saying they failed for past 15 years because of economy? You say quik no longer facing an economic headwind? Where do you dream this stuff up? They are planning their next secondary and Goldman says no longer should we buy stocks. Thats good stuff.