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CombiMatrix Corporation Message Board

tsoprevelc 7 posts  |  Last Activity: Nov 21, 2014 6:02 PM Member since: Oct 30, 2002
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  • tsoprevelc tsoprevelc Nov 21, 2014 6:02 PM Flag

  • tsoprevelc tsoprevelc Nov 4, 2014 7:01 PM Flag

    It's an interesting and crazy thing how a stock can follow this pattern - heavily shorted - shorts get the upper hand due to news (or lack of news), longs can't believe it and keep selling which perpetuates the drop to an unreasonable level. What I never understand is why the shorts who are obviously in the money at this point, don't turn the tide, go long and rally this back up for a huge gain? the downside is obviously limited and the upside is limitless. Lets hope some of them get on that train sooner than later. Earnings are coming and I fully expect short covering into that date. It's not like they said business was bad or anything - we should see decent revenue and hopefully and end of the transition out of the commercial business.

  • tsoprevelc by tsoprevelc Oct 31, 2014 2:45 PM Flag

    This is a textbook drop... good for you shorts. I do hope you are covering though. The company is likely quiet because the last round of financing in July included a lot of shares shorted in the private placement. It's easy money for them once a drop like this starts as it becomes self sustaining.
    However, we are getting mighty close to earnings... and if you look back, they had a pretty healthy increasing sales numbers - and analysts already slashed estimates based on dropping commercial business.. (they are still estimating $2.45 avg pps without commercial). My guess is the large short position will cover during this panic sell, just in time for a rise into earnings based on the selling being "overdone".
    We will see - but I don't see a company that's going bankrupt, I see a company caught in a short trap.. and maybe one they can't do much about for the time being.
    "Since being appointed President of our Mainland Residential segment in April, we have made progress within the Residential segment; for instance, comparing the 1st quarter to the 2nd quarter, the close rate by our sales force has doubled, the average sales price increased 7.8%, our cost per acquisition decreased by 7.5%, our backlog increased 28.9%, and to address capacity and efficiency, through the end of July, the headcount has been reduced 19% from April. In addition, our Esales team averaged approximately $1 million in sales per month for the quarter and our East Coast residential sales team sold $15 million for the quarter. This strong performance by our East Coast team is 175% higher than they achieved in the first quarter presenting our operations team with the enviable challenge of keeping up with sales."

  • I'm hopeful shorts will cover in this area - there is a lack of support from buyers, but even shorts know not to get too greedy in this situation (they won't hang on for another .25 at this point.. or I would hope not anyway). Analysts have this at an average of $2.45 - and that is after revisions when they dumped the commercial business.
    The company has been busy selling and installing if you do your research. My guess is they finish wiping the slate this quarter, show much improved margins and steady business with a solid backlog. We just need the analysts to then up their numbers (they went low waiting to see how this quarter shook out)... or other positive momentum. If you have followed solar for a while, there are plenty that have dipped around a buck and went on to thrive. If you have money to gamble, I would take a chance on the long side at this point. Shorts - do what you gotta do, but I would start taking profits.

  • Reply to

    cbmx has nothing to do with Ebola

    by lilithwasfirst Oct 16, 2014 11:13 AM
    tsoprevelc tsoprevelc Oct 16, 2014 11:43 AM Flag

    I wasn't hyping anything - just reporting the news that came across the ticker. Someone asked why it went up - and that's why. Could be news on the lawsuit, but I suspect it's the Ebola link

  • Came out at 10:29.. no other details, but that is for sure the reason for the spike.

  • Reply to

    Where's the bad news?

    by von_paulus Oct 10, 2014 2:51 PM
    tsoprevelc tsoprevelc Oct 10, 2014 3:16 PM Flag

    I'm guessing it's the GTAT effect.. sending some ripples through solar.

1.18+0.0100(+0.85%)Dec 22 4:00 PMEST

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