Just like yesterday. $25,000 moves the market cap up or down $5 million. Just for the heck of it, I bought 100 shares at the close for $2.56 and moved the closing price up from the previous trade at $2.33. If anyone wanted to move 100,000 shares either way, the price would go up or down at least a dollar. Whatever.
OK, for perspective, we have traded less than $30,000 of stock so far today. The share price has had almost a 20% range from high to low. At $2.50 per share, the market cap is about $30 million, so $30,000 in trading can affect the market cap of the company by about $6 million dollars. I have enough shares already, buy may be forced to buy more at these levels. I don't know how the BOD and insiders could have given you any better buy signal that what they did recently. Guess they could be wrong, but I don't think so.
Wonder if AEHR has any business with NXPI, NXP Semiconductor? Sounds like they do a lot of automotive work. Sounds like their business is going well, and the stock has performed quite nicely this year. Couldn't find any mention about NXP in the 10-K or the latest investor presentation from the Midtown CAP meeting last week. NXP is pretty good size with an $18B market cap.
Gist of the article was:
Chemicals maker FMC is shedding lower-margin businesses. Fatter margins could help lift the stock 50%. They are shedding some businesses and adding in other strategic areas. Sounds like many of the same targets that AVD tries to sell into.
My question is, with FMC having about 20x the market cap of AVD, is there a chance they might be interested in buying AVD?
For what it's worth, there is a new company overview presentation on the IR website. If they can even get a good percentage of the TAM (total available market), we will be quite happy.
OK, so it looks like no new announcement for the presentation. Interesting that during last years Midtown, AEHR share price dropped from about $3.40 to $2.60 in two days. Hope we don't see the same reaction this time. Looking kind of weak though.
True. Nasdaq up 200% and AEHR down 80%. Time for AEHR to catch up? That would be something for sure. Somewhat surprisingly, AEHR has outperformed the Nasdaq over the last 5 years. 160% versus 115%.
I guess if we get enough of these they will add up. As they say, "A million here and a million there, pretty soon you are talking real money". I think that statement was really for billions, but whatever.
ORLANDO, Fla., Dec. 10, 2014 /PRNewswire/ -- API Technologies Corp. (ATNY) ("API" or the "Company"), a leading provider of high performance RF/microwave, power, and security solutions, today announced that it has received a new $3 million order from a Fortune 50 company to produce secure communications products that will be used to support a U.S. C4ISR program. This first award is part of a multi-million dollar program with additional awards expected in 2015.
It seems positive to me that Mukesh Patel bought so many shares even knowing he was leaving the BOD. I am making the guess that he surely knew he was leaving a couple weeks ago and not just today.
Mukesh Patel is leaving and the PWA guy is joining.
Fremont, CA (December 8, 2014) – Aehr Test Systems (Nasdaq: AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced that John M. Schneider has joined the Company’s Board of Directors, effective December 3, 2014. Mr. Schneider is founder, President and CEO of Private Wealth Advisors. He replaces Mukesh Patel, who has served on the Aehr Test Systems board since 1999 and has resigned for personal reasons. The number of Aehr Test board members remains at seven.
“John is a successful entrepreneur with extensive knowledge and proven ability to initiate and sustain growth and we are delighted to have him join our board,” said Rhea Posedel, Chairman of Aehr Test Systems. “He has provided ongoing commitment, support and belief in Aehr Test Systems including participation in our recent common stock offering, with his ownership approaching 10 percent of our outstanding shares. I would also like to take this opportunity to thank Mukesh for more than 15 years of service bringing his invaluable technology and marketing expertise to the company and for his ongoing support as a large shareholder in the company and a significant participant in our recent stock offering.”
Gayn Erickson, President and CEO of Aehr Test Systems, said, “Having sat down and talked with John extensively, I am excited to welcome him to our team and believe now is a very good time for him to join the board. He will be a strong addition as we continue to build momentum for our key new products, which are aimed at capitalizing on the substantial emerging test market opportunities in automotive, mobility, communications, and data storage markets.”
Mr. Schneider founded Private Wealth Advisors, Inc. (PWA) in 2003 with $300 million in assets and managed the firm’s asset growth to approximately $1 billion in just over a decade. Based on the substantial growth of PWA, Mr. Schneider founded PWA Securities in 2008 to act as a br
OK, just looked at the Feltl and Company's December 1, 2014 research overview. They still have American Vanguard/AVD rated as a Strong Buy with a price target of $18.40. Hope isn't a great technique, but I am hoping we are making a bottom.
Official announcement on this today.
FREMONT, Calif., Dec. 2, 2014 (GLOBE NEWSWIRE) -- Aehr Test Systems (AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced that Gayn Erickson, President and CEO, will participate in the Third Annual Midtown CAP Investor Summit 2014 being held December 10, 2014 at the Marriott Marquis Hotel in New York City.
Aehr Test will post its presentation materials used at the conference on the Investor Relations section of the Company's website
Hard to know what the impact will be. Could put Spansion on more stable financial footing. It looks like CY was just barely profitable, but they did have about $100M in cash. Looks like the deal is a stock swap, so that helps preserve the cash at CY. If it consolidates their markets and makes their products more profitable, they may be more willing to spend on test equipment. Thoughts? Darn near bought Spansion recently, but didn't. Oh well....
If you are looking at the filing, Dharma is the same as PWA/Schneider. I also see that Roy Rogers picked up $500,000 of shares. Maybe that will "Trigger" some nice orders.
Looks like PWA picked up another $500,000 of shares in the private placement. Might be enough to get them to 10% of shares outstanding.