I'm wondering is the so called computer contract they were supposed to be working on failed ? It really looks like the shorts are not going to let go of this. The pressure is relentless even with the insider buying recently ..
Only true with some stocks but not all. Its all about choosing a winner. Look where you'd be if you were to have held Amazon, Netflix, Sandisk, Priceline, and a slew of others for 10 years without selling a share. A person would be rich. There is no way its ALL about technical s. A company has to improve and make money or they simply go away...
ALEXANDRIA, VA, Sep 16, 2014 (Marketwired via COMTEX) -- Marathon Patent Group, Inc. MARA, -5.48% ("Marathon"), a patent licensing company, announced today that it has named Daniel Gelbtuch as its Chief Marketing Officer.
Prior to joining Marathon, Mr. Gelbtuch was the SVP of Corporate Finance and Investor Relations (IR) at Neonode from August 2012 through September 2014. Neonode develops, patents, and licenses optical infrared touchscreen hardware for a wide range of electronic devices.
Prior to NEON, Mr. Gelbtuch spent 14 years on Wall Street, principally publishing on and investing in equities within the semiconductor, technology licensing, and IP-monetization sectors. During his time on Wall Street, Mr. Gelbtuch was a Senior Equities Analyst at Cantor Fitzgerald, manager of a technology long/short portfolio at Roaring Brook Capital, and an Executive Director and Senior Equities Analyst at CIBC World Markets. During Mr. Gelbtuch's seven years at CIBC, the Wall Street Journal recognized Daniel as the #1 Stock-Picking Semiconductor Analyst in 2005, In 2006, Forbes and Starmine ranked Daniel as #9 among all US Stock-Picking Analysts (across all sectors).
Mr. Gelbtuch earned a Juris Doctor from the Benjamin Cardozo School of Law in 1997, where he was the Executive Editor of the Cardozo Law Forum, and a B.A. in Economics from Yeshiva University in 1994.
"We are pleased to welcome Daniel to the Marathon team. His wealth of experience in Corporate Finance and Investor Relations, combined with his long standing relationships on Wall Street, make him ideally suited for his new and important role with the company," said Doug Croxall, Founder & CEO of Marathon Patent Group. "In light of our recent listing on the Nasdaq Stock Exchange, we are keenly aware of the need to not only continue communicating with our existing retail shareholders, but to also present ourselves for investment consideration to the institutional audience. We believe Daniel is the perfect person t
That was true when they dumped last year but it doesn't hold any weight at the moment. The insiders still hold millions of shares and have not sold any recently. When the common shareholders looses , they loose as well and much more because of the amount they own. Dahlin Mats is way in the hole from his recent purchases ..
The LG kids-pad, Kobo H2O and the Kindle will add a significant amount of revenue over the holiday season. Its getting through this share price free-fall were in right now is the problem. Erickson should step up and buy a half a million shares RIGHT NOW and put a floor under this or it will be a dollar a share soon. There is no support.. . Ridiculous !
Bodeebo, listen, all you do is chime in every once in a while and degrade peoples views but never offer anything of value or incite. I didn't say Gelbtuch meant success or failure but he IMO was a PIS poor IR rep. doggyforaday nailed it with his reply ...........A company needs to perform and drive revenue to show growth, but when I company stalls, and revenue stalls a good IR person can help weather the storm and project a clear path of what the company and the future has in store. The NEON IR team is horrible as is their PR team.......
Perhaps you could offer something other than "its a broken chart" because its far more than that ..
They probably canned him for being the worst IR manager ever . Or for that absolutely #$%$#ked up forecast of linear growth and "shorts better cover" statement during the Accendent capital call . He really looks like a fool over that one..
To the joker that just gave me the thumbs down. If you think my theory's are wrong then speak up and tell us what you think id the reason for the stock literally going down the toilet ? Or is it you just don't like me because I say it like it is?
That is a great accomplishment for Neonode but as you can see, the market doesn't seem to give a damn. I just understand the pressure. Either the smart money sees a huge correction coming and are unloading all their risky positions, they don't believe neonode will land the PC contract deal they have been working on or, they don't think they can generate enough revenue to slow the burn rate before either diluting again or worse, going bankrupt .
Better hope LG makes a better kids tablet than Oregon Scientific . The Meep was a POS ! I still cant believe they even released it to the market.
Their biggest problem is that they continue to loose ereader business but gain a little in other areas. I just read that Nook sales were off 50% ! I just about fell off my chair.50% ! how does that happen all of a sudden ? The answer ? Flush screen HD color tablets have pretty much taken over. They are cheap enough now that people are willing to spend the extra money for a better reading experience. Black and white vs color really is no match. That is a big short term problem for neonode until if and when they can gain on the PC and printer end. HP may or may not be their savior during the next call . They need to show a substantial amount of revenue from them or they will miss big time. I know you guys get tired off hearing me complain but for an international company in a high growth market they have done terribly so far. The only reason I haven't sold is Fidelity. They actually increased their position. That is an outstanding mutual fund group that doesn't throw money away. They see something positive here or they would have bailed with many of the other funds that have brought the stock price down to where it is today..
Lets face it. People, especially the younger generation are trendy and always seem to want the latest and greatest thing . This is what Neonode is fighting , the trend to the latest thing which is capacitive touchscreens. I don't in any way think that capacitive is any better (I have used both) but its newer and backed by the trendiest of the trend setters Apple and Samsung. Neonode should do a better job marketing and showing off their technology. They don't. A few video links on their website just doesn't cut it. IMHO
What makes you think that the PC deal isn't already factored into the share price? You may be in for a rude awakening. We'll see ..
Why do you think my posts are garbage when they are 100% factual ? Maybe you are just in a good mood because the stock closed up 5% today and are a few dollars ahead in recovering the $16,000 you have lost. (at least temporarily) . You had better hope to hell they pull some decent revenue off of this PC deal that's suppose to be brewing and that Amazon comes back this quarter or you will be using a different term than clowns for this management team..
Just why would you call Leap Frog garbage ? They sell a lot of products and are better known than Kobo. Maybe you should ask yourself humm ? I wonder why the Leap Pad 3 is capacitive and not IR . Its kind of funny that when you bring up the leapfrog website and compare the specs between the Ultra and the Leap Pad 3 they don't mention the the Ultra is IR touch but make it know that the LP3 has a capacitive screen. Like that should make any difference in the decision to buy one buy one but apparently they feel its important.