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.
Here it is. Two Porn Stars wearing the telepathy device. Sharing their VIEW with other telepath users. Add a few more purposeful devices for those other users and VoilA! a flop turned into a SENSATIONal hit.
Put that in the press release.
Look at that thing hanging off of that girls head and in her eye. You have to laugh at that. This is what "wearables" are amounting to? Figure out a way to have s-e-x over the internet (its out there) then you have something.
Another money losing engagement.
Where are all the pumpers. Regeist, Jcolter, Boardwalk, Kathy? You still long here? Do you want more facts or are you still denying the fact that this company does not produce any results and they are just mixed up in the HYPE. THANK GOD FOR SAFE HARBOR STATEMENTS.
Do you really believe they will be a success even though they were given all this time and they still fail?
Don't you think if they were so great, they would have guided much higher with the explosion in the much hyped wearables market?
Do you think Next Inning research really needed two analysts on the call (THANKS MISTERCHIPS03), why is that? Something wrong there.
Might be right? I wrote this before the earnings came out. History did repeat it self. Its been like this for a long time. As another poster simply put it, great things are happening but it is always 6 months to a year away. Sell this pig and put your money into something else. You might be able to trade it but not make it as an investment by holding it. If you trade it, don't use the earnings call, because they are unpredictable. The stock in unpredictable.
This has been managements message for many years now. 6 or 7 years now? This new strategy and products to go with it. It can also be traced back as far as 1996. I've been in the financial services business a long time, and it was a stock that was on a few peoples list. Even then, analysts stopped covering the stock because of this type of story telling garbage. They lost faith in them. Now the same thing happens, but they will come back every now and then when they want to raise more money with a secondary share offering.
Live an learn, live and learn. Mark this current conference call and look at it next quarter if you like to see the contrast.
You are either new here or some die hard long in disguise. This company's technology is as old as the company was in business. They license the key components and mash together industry standard system blocks. This is not an innovative company and it is not making any money for a long time.