Oh and vaxholm2000. How about posting your views under one user name instead of bouncing around from one to another. Whats to point ? If you think this message board will move to stock one way or another, your wrong.. Its the big money that moves the price..
The second video is Kobos waterproof tablet . Although a cool product , is it in high demand and will they sell millions of them ? I doubt it. They even make a joke in the video about being able to use it scuba diving . Just how may scuba divers do you know ? Again, low volume.. The third product is the 13" Sony e-ink tablet. This one, is awesome and has huge potential in the school system but is not massed produced to the public as explained in the video. Hopefully that changes . I could see every grade, high school and college student doing their assignments with these. Anyway, I'm still waiting on further details of the computer deal they were supposed to have been awarded. We need some clarity as to where that is going. Gelbtuch says his hands are tied due to non disclosure agreements. I suggest he use his imagination and try to work around them and provide the investment community with some updates. Oh and what about the lack of insider buying? You know what would be bullish ? Id like to see Reardon buy some stock since all he has done as dumped it. The last time I checked he only had about 7,000 shares and change left..
No , You are obviously wrong . I am a very angry long that has lost a ton on money on this issue . As far as being in need of a business lesson , perhaps Neonodes management needs it not me.. The only thing I need is a lesson on picking better stocks. Watching 80% of the market move up to new highs , many 100-500% in the last couple of years and this one tank to practically nothing is a little more than disturbing .
As far as Volvo is concerned. Let me play the Devils Advocate. I'm hoping that you do understand what a heavy volume selling product is right ? 80,000 units is NOT heavy volume , 8,000,000 or more is heavy volume and EXACTLY what Neonode needs to improve enough to quit burning investors money and start earning it. Come on man. I dont know where you received the $3-4 per device information but even at that , break it down into 4 quarters.. 80,000 x 3 is $240,000 . Now divide that by 4 and you get a whopping $60,000 .. Just why and how do you get excited at that ? With the little money they make off each unit, they need VOLUME !!! Now, if they are in Amazons next tablet or e-reader like is rumored, that may be a start to what they need but just a start. Amazon sells their tablets in volume to EVERYONE not just a few wealthy people that can afford a new Volvo.. If Amazon sells $8,000,000 tablets and neonode makes a dollar per unit then that is an example of what will make money for the investors.. I look at their website daily in hopes of seeing a clue of ANYTHING that may turn the ship around but so far nothing but rumors and HOPE. Its always Hopefully this and hopefully that. Hopefully doesn't make money, performance does ! I do like the fact that they are at least putting links on their website to some of the offerings employing their technology but again are they heavy sellers ? I doubt it . One of the videos is kind of a joke because it shows nothing about the kids tablet but details what you can do with the packaging it comes in .. #$%$ ?
Volvo doesn't generate enough revenue to put in your eye for Neonode. They need a hit product or several hit products selling millions of units to make a difference. If they were to land a high volume auto company , that would help but Volvo just doesn't cut it in my book. They are loosing revenue from the ereader end so unless some of these deals that have been made over the past 28 months start showing up as products on the shelves they are going to die a slow death as they burn through the investors money trying to make this work. I find it amazing that if they were confident in their plans to "shake up" the computer industry why are the insiders not buying more shares with the windfall profits they made last year ? That doesn't jive ..
How about now? But don't worry, Gelbtuch said their products are ready for prime time and the shorts had better cover.. Unfortunately the stock was over $6.00 at the time he made that prediction.
Where did your 1 comment go webercapitalmngmt ? The game player with probably a dozen user IDs posting on this board. Did you remove it or did yahoo. Yahoo probably did because you have maxed out your user IDs allotment ..
Why do you feel that you need to change your identity before you post ? Just how many user ID's are you posting under ? Anyway, I completely disagree . Neonode needs to do their best to refute that article. It did an incredible amount of damage to the investors and the reputation of the company and its leaders .Gelbtuch said feel free to look up the complaint . Well, I have and its not there or its buried where we cant find it. . As far as that video link . Of course its Neonodes tech but the clip is poor and lacks any detail of what the product is capable of.. The video is about the reusable box , (who cares) not the tablet..
You're kidding right ? One up day out of how many down days ? And you make a comment like that ? It did manage to close a couple of cents above the 50 day. I'm sure that the common thieves wont stand for that as they gear up to post another bullsh$t article on Seeking Alpha to bring it back down .I have not been able to find the complaint that was filed by Neonode. Did they really file it ? Neonode should have that information on their website. After all, it did cost investors millions of dollars in losses. That is a little more important than posting a link to a video of a childrens tablet that shows nothing about the product but the cardboard box it was delivered in..
The tablet market is where they should be since its what most people are buying these days. One way they could get in the back door is Z-Force air . They could provide a virtual mouse that could be built into a tablet. That way people would not even have to touch the screen to manipulate an application. Something like that would be a gold mine. Anyway, as far as positives go , sure there are many. The problem is there were many 2 years ago as well but there hasn't been any improvement to the bottom line. Erickson is bright and impressive speaker but hasn't been able to lead the team to success yet. Can he do it before they run out of money again ? I don't know but as the clock ticks on quarter after quarter without nothing but non producing press releases and management lip sync investors remain skeptical. Lack of clarity due to their so called non disclosure agreements are also killing them . Look at the PC business they supposedly received. We really know NOTHING about it. Is it DELL ? Lenovo ? HP ? Did they get just the screens of the larger monitors or some smaller ones as well ? The stock needs a catalyst to move higher . I thought the announcement of a computer win would have been it but look at what happened, NOTHING ! I believe it is because of zero clarity . There simply is no way for an investor to even remotely guess how much revenue can be generated from this. This company is literately a #$%$ shoot to invest in.
I disagree and can offer proof of every statement I have made . First of all, the price of the stock is off 60% from its high due to lack of revenue performance and nearly no adoption of this tech from all of the companies that have licensed with neonode. The market is speaking for itself. The shorts even increased their position since the last earnings report which means that they didn't like what they saw in the 10Q or what they heard from management.. Heavy short positions cast a shadow of doubt which in turn decreases demand for the issue and allows the MM to walk the share price down. What neonode needs is a POSITIVE catalyst of some sort to force them to cover . They have not provided this and my theory is further solidified in the stock price and short position since the last call. More proof in my last post of fact concerning the insider purchase of $40,000 shares is AGAIN the share price. It went down. Now maybe if one of them or more had the balls to buy 200,000 or 300,000 that might make a difference but not the small buys they have made since they dumped millions last year. Where is the confidence ? So far , this company reminds me of another one I lost my shirt on years ago called Transwitch. They to were supposed to have had a bright future but were unable to perform. Neonode needs a lot more product on the market . Where is it ? And you say I don't know what Im talking about? Just exactly where am I wrong?
The short sellers have a death grip on this company and will not give up until they either get a valid contract that guarantees income or some source of revenue improvement. PERIOD ! A 40,000 share purchase means nothing at this point.
Would have been a nice post had it been made on an up day. This is dead money until they show revenue improvement which has been pathetic ! Just looked at my board of 12 stocks. Neon again is the worst of the bunch.
I searched the New York court dockets for the complaint that Neonode filed against Seeking Alpha but couldn't find a thing . Does anyone have a link or information on how to find it?
I sold for a profit and bought back in just prior to that Seeking Alpha article that was the final blow that killed the stock. I lost my butt on that . I suggest you do this. Go to their website and read all of the press releases that the company issued since may of 2012 . This is when they developed the so called game changing chip with Texas Instruments that would allow their tech into just about everything touch related. Write down all of the companies that signed licence agreements with them and then try to find products that have been made by these companies with Neonodes tech. Guess what ? Its next to nothing . Plus the fact they have lost a tremendous amount of market share on their ereaders due the the popularity of color tablets taking over the market. The company will come back and say that they haven't had time and that it takes 6 to 24 months for products to hit the shelves. Well , its been 27 months . Where are the products ? Just be careful . The next earnings report is key. They will report their first HP payment . If it isn't a substantial amount of money then I think this company is doomed without some PC business that that Spin Doctor Gelbtuch has been saying is just down the road. Listen carefully to what is said in the conference call.
Chipster, you had better wake up and look around. This company has failed miserably. They have zilch on the market for all of the BS they have spun over the past 2 years. You had better run and not walk away from this POS if there is nothing positive out of the next conference call. If you hear Gelbtuch say one more time that "we are well down the road" for a computer contract , RUN RUN RUN because nothing that guy has said has came true ...
I did not say anything about small. I said we don't know yet. I was referring to all of the signed licence agreements and design win press releases that the insiders sold into .You really have to admit, that looks shady. Look around . There is nearly nothing to show for them. Do you really think they have enough money to last 2 years more for anything from Margnetti Marrelli to show up in the market ? Unless this turns on the HP revenue alone, they will have to dilute again . I bought into this 2 years ago with the potential. Management has failed to deliver . Its been a great stock for traders but a complete wreck for an investor.
What makes you think that this isn't more Bulls$$t fluff like everything else this company has been announcing for over 2 years with ZERO to show for it except for HP. We don't even know how much revenue they are going to receive from them yet. This is why the shorts are all over this issue and call the company a scam. Out of all the licencees they have signed there is nearly ZERO products to show for it . I tell you what . If the next earnings report doesn't show improvement I'm probably going to agree with the shorts. The next earnings call (IMO) is going to be crucial . They need to make an announcement that is going to make a difference. At $3.00 per share and loosing their index spot this has been a complete disaster !
It would be nice for this company to release news that would actually help support the share price. How about a computer contract ? How much longer"down the road" do we have to wait Gelbtuch ? I see the stocks in the crapper again.