Looks like the hopeful are already pulling it back up. I think even 24 or so might be OK, but not 29. Found it interesting that ag demand helped films and hurt applied technology this quarter. The recent weak forecast by Deer doesn't bode that well for AT either, not to mention record harvest predictions and low prices for grains. Not selling, but not willing to buy more yet.
Microsemi Corporation (MSCC), which is only marginally profitable, trades at about 2.5 times revenues. API trades at .5 times revenues. If they could just get this in the black, we could get a nice move up. Maybe that's what Warren Lichtenstein at Steel Partners is thinking also. The last few quarters haven't done much.
I saw the 13D filing, but thought the change was small enough not to matter. Gabelli is always selling and buying small amounts of their positions for cash management, etc. Still, someone really likes this company. Kicking myself again. Hoping I will develop callouses to lessen the pain.
I agree with the Pavlovian conditioning. So many quarters of good reports, it's hard to give up on them. Maybe they will turn the corner this quarter. My McGrath Rentcorp has also talked about tempering expansionary expenses and trying to improve the bottom line. Hasn't happened yet, but I remain somewhat hopeful for them also.
Not sure it's really shorts. This stock went from about 7 to 60 in five years. That's a pretty good run. May be getting back to a good entry level. Has seemed too overbought for me since about 25. Ha, obviously I would have been smart to buy at those levels.
Interesting to hear Mario Gabelli call in on the CC today. Trying to push the for resolution on the ITW business disposition. I think he has a pretty good sized position in GGG.
That "article" seemed like a computer generated piece to me. I read that AP is using computers now to create articles about earnings results, etc. As muwarrior says, AEHR isn't pushing any markets around.
Another order today, but we need some bigger orders I think. $2M here and there isn't enough.
ORLANDO, Fla., July 24, 2014 /PRNewswire/ -- API Technologies Corp. (ATNY) ("API" or the "Company"), a leading provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, announced today it has received a new, $2 million order for its high-reliability, radar warning receiver indicator solution. The solution will be used as part of an Electronic Warfare Management System (EWMS). No additional information is available due to the secure nature of this program.
Another good quarter. Record earnings and revenues for any quarter. Seems like the share price should resume it's uptrend. The PE is still pretty high, so it won't be big move, but I still like it for a quality long term holding. Earnings and revenues should both be up over 10% this year.
I have no idea really, but I would think you would want your 3D printer as a stand alone device. Seems like there is way too much cutting fluids sloshing around on the CNC machines. Still think they can be complimentary, but not sure they will be in the same enclosure.
I like this company, but I sold quite a few shares over the last couple of days. I bought it for long term growth, not a 3D pop. Could settle back to 30 or 31. Then let's see what earning do going forward. Still think it can go to 40 or more in the next year or so, just not that quickly.
Just got this in today's mail. If I read it correctly, it sounds like the lawyers may get $275,000, but us poor shareholders just get a new SEC Form 8K with some additional information about the due diligence performed by OFI management. Whatever.
Hmmm. Up a dollar. Looks like all the big players already knew about the warning again. At least he said inventory channels are now near normal levels. In 2015 they expect to see more normal buying patterns. Also sounds like the dividend will not be cut.
Yup, warning comes after the close on a Friday. Can't believe they are going to do 2 conference calls in a week and a half. Only bright side is that perhaps as I have suggested, the people that have access to the company already knew this and we could still be near a bottom.
Good, I guess, but we need more of these to get this moving back up.
ORLANDO, Fla., July 18, 2014 /PRNewswire/ -- API Technologies Corp. (ATNY) ("API" or the "Company"), a leading provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, announced today it has received a new order for critical RF/microwave filtering technology and high-reliability electronics for shipboard radar systems. Current fiscal year bookings for the program are expected to exceed $2 million. The API Technologies-supplied technology is designed to improve radar accuracy and surveillance capabilities.
No additional information is available due to the secure nature of this program.
I am all for a share price over $100, but I'm not going to get overly optimistic until they actually have a product you can buy. Right now they are just getting started. We have no idea what the demand will be. It also seems pretty easy for a competitor to offer similar functionality and work around patent protection. Also, it's just a patent application so far, not an approved patent.
Yes, CODE has gone from 10 to 23 in the last 9 months. Hope they are buying AEHR products. The analysts see earnings of $1.27 this year and $1.98 next year for CODE. Like to see $1.00 for AEHR in 2015.
Unreal. Just mention 3D printing and the share price goes up 10%. Not complaining, but crazy.