They have great respect for all the longs that take their word at face value and start connecting the dots to nowhere. Time and time again the same posters praise his ineptness and abilities as genius. I think this one is for bonuses.
More explicit info is always better and helps shareholders make and understand decisions. This is something Tokman has been extremely poor in doing. It calls in his ability to run this company well. He looks like rookie time after time.
I do, he beats the crap out of longs every time and has for years. I certainly have learned that this will always be a trading stock as long as the man is there. It is his legacy, he will always provide shorts opportunity due to his lack of guidance, be it laser volumes, production volumes, or customer info. We will forever be connecting dots that don't connect and investing or poor information.
They have had the opportunity to soften the sell off by simply being a bit clearer at the CC, either one of them. NDA's are one thing, but there is soo much they can say without saying anything detrimental about our signed contracts and partners. They could of easily have outlined our immediate needs and preped shareholders for this without all the sock value. I have read here so many posts saying the CC put to rest any chance of dilution and Tokman put a floor in. As long as he is there, this will be a trading stock. We have the shorts and Tokman kicking us in the butt almost daily.
On the heels of a CC that left many investors disappointed, the timing of this sucks, you are correct. Unless they have to guarantee suppliers they have the cash and the commitment, that is the only thing that makes sense.
I usually agree with you on most subjects, but this time I am on the side that says we have to be in a position to guarantee we can produce. This is chump change. This is not a big offer. This is peanuts. This time I think you are conditioned to Tokman dropping the ball so much you are failing to think this through. Have a cup of coffee and take a look at how much Sony has thrown at this tech, and then rationalize it a little.
Same here Paul, but I was looking for a smaller loss and that did disappoint me. Can't argue with the rest though. A little more light on ramp issues would of made me feel better to.
As an after thought, I value the company higher than management here.
You sir, hit it right on the head and that is the concern of diligent investors. Isn't a dan investor here that doesn't know Bios need cash to proceed, it's the crummy price he executed it at. Shows an extreme lack of confidence in our up coming data or Peer Review, which seems to be long over due. Looks too much like last May, when take the money and run before P2 is out. That result was great for management, but left the street unimpressed and they showed their displeasure. Looks to me like the same set up, and that's the issue.
I'm not saying anything is at hand at all. I'm just saying the insurance of a poison pill would negate the concern of investors going forward and insure a fair price for the tech. I think this is so big, once established, that offers will be a sure thing. I do believe Tokman would get a good price, but I think anything we could do to insure that would be a good thing.
That has been my biggest fear, that we will get taken out on the cheap before we really get to spread our wings and fly. That is why I mentioned a poison pill needed. I think Sony, our savior, will look upon us a little differently when the money starts to roll in and they see how huge this can be.
They sure did Hill, it is etched in my brain. He got me good with that one.
Tokman has made this the best trading stock I know. It has been for years now and will continue. It won't change until we have a revenue stream. All this dot connecting has done nothing for us in this area. They have made a fortune on Tokman's CC's and statements as the longs followed the man and his word. Today this stood out like a red headed step child because I thought the CC was enlightening to say the least. Feel good going forward, but that doesn't take the sting out of our CEO's stigma.
Wake up! 17% because some investment bank or hedge fund was the only game in town. When we find out who it is it may make a difference, but on the face of it, it looks bad and that is why 17%