participating in the groups rally? The politico article mentioned them in relation to COCO. I don't think the comparison is justified but the shares act like someone does. Very low volume
earnings may still be squishy but contracts should rule the coming quarters! Others should follow with a benefit to the ALU ecosystem with the routers being the core.
restating 2013 financials and barebones numbers through Q3 2013 filled the gap to 8 and closed above. As November 15. 2014 closes in will cause great discomfort to those who have bet against the shares. Still a lot of potential negatives out there but ongoing operations lend support to an operating company that will survive. !5 is the next gap to fill. Chickened out on half of the long on Friday. Sticking around for the next gap higher with the rest.
I own shares about a dollar higher and was waiting for a pop from the sell side sponsored conferences. I have seen nothing from the coverage universe except for the early downgrade by Merrill. The earnings conference call added little insight. The stock awards are troubling... for what down 50% from the offering price.
Molymet owns 46 million shares. 14 million were purchased last October in the secondary. The March 5 addition of 650,000 shares was probably the mandatory preferred conversion.
I am modestly in the green and holding through the earnings call. The shares have been sold hard since the ipo and I would think the negative feeling could lead to a significant rally with even a hint of good news. I will see on the 13th
I am long the shares also...the quarterly report was good but definitely not great. The leadership has to role out some of the 3-4 partnerships and accelerate the contract announcements to keep up the momentum. The shares trade at a rich multiple to most metrics and as such needs the promise of future news. Hopefully the trend of positives continues as we continue to tread water and digest the great year we just enjoyed.
agreed.we need to wait for some partnership and contract pushes. Without them the shares are in front of the fundeamentals. Own a lot too
let me get this right...you are going to buy the shares after a bid is made....great idea pay a premium after the move
a technician you are not. Shares and 50 day are not a topic yet. Shares are as oversold as they have ever been MACD!!!!! Could rally 20% without entering an overbought situation. Earnings release may be an obstacle.
lowers rating to equal from over weight. Combe and team need to role out some of the promised partnerships and contracts to maintain momentum.
they went through a lot of strikes with only two trading days to adjust...will have to wait and see what sellers are left to pressure shares lower...huge turnover. Nibbled on some shares late Friday. An opportunity for a possible filing for a new 5 percenter. The put sellers got blown out and specs pushed them hard. Hopefully Tuesday will show a surge higher even if only short lived.