Not very often does an opportunity come along like this one. Unless their is a complete market melt down , this stock is a gift at this level. The reasons are simple. There is no way (IMO) they don't blow away the earnings this quarter. Look at the product that has just came out that will be included this quarter. Also, the potential catalyst of a PC contract being signed at any given moment . I was skeptical at first of a signing but am convinced its a done deal . The CES PR stated that a BRANDED monitor will be demoed. I doubt an OEM would brand a product with Neonode without a deal. I'm excited again after many months of frustration and loss. The company is getting low on cash but in no way need to dilute yet. The cash burn should start slowing dramatically as more Zforce products are sold and more are released. The short interest is still high but they are loosing their grip. IMO , if they don't cover before 4th quarter ER, they are hosed. Time for payback perhaps? I CERTAINLY HOPE SO !
I'm convinced that we know very little about what is going on behind the scenes. They have what? 20 or so engineers? You can bet they are not sitting around doing nothing to better the bottom line. My guess is there will be some very nice surprises coming soon. .
I agree , total BS ! A laterally mounted camera on a smooth surface with no shadow ? Its completely impossible. Its a fabricated lie done with trick filming..
News flash, I my opinion it's beyond due time. They are running out of cash . You may not care if they dilute again but I've lost enough with their lack of performance.
If you're suggesting that I'm bearish that is not true. I'm just realistic about the e-reader business. Its saturated. They will do okay with the low end Kindle but in NO way do I believe they will ever sell as many as in their hey day. I cant stress enough on how important the PC business is. That needs to get going. That brief PR on their website about their CES showing didn't mention anything other than the auto market. I found that strange.
Mike, I'm not going to get in a #$%$ match with you but you need to be more realistic. Look at what they have lost in market share. It would take an act of god to get it back. Their e-reader glory days are over . I'm sure they saw it coming and that is why they have diversified. Time to move on.. My old buddy (former IR joker) told me that printers and computers are where the big money is..
The bezel has killed their eReader business Imo. That is why they are only in the very bottom end unit. Unless they move to their flush solution, I believe they have lost in the hand held market and you don't have to be a brain surgeon to see that. You just need to be able to read and if not that, just look at what's in the market. They NEED all the printers, autos and computers they can get. If they get established there, the eReader market won't matter. Come on neonode, just how long does it take for ink to dry?
LG Electronics seems to target the child education market with the newly released ‘Kids Pad 2’.
LG Electronics reportedly announced on the 22nd that it has partnered with major childhood education material providers such as Agaworld and Blue Springs.
Agaworld will digitalize a complete series of children’s literature and diverse teaching aids into educational contents for Kids Pad 2. Blue Springs plans to set up an experience zone at its education center and utilize Kids Pad 2 as one of the major teaching aids.
LG Electronics’ Kids Pad 2 is composed of systematic contents that are designed to help cognitive and emotional development for kids aged from 3 to 7 (international age 2 to 6).
With the new Kids Pad 2, parents can track their children’s educational content use and performance while interacting with them through messaging service. Also, Kids Pad 2 has a vicinity censoring feature that allows kids to enjoy various outdoor activities as well.
Kids Pad 2 promises to be the best friend of kids with a variety of entertaining features such as taking pictures, shooting videos, keeping journals etc.
I agree, and as long as we have strength in the overall market (Nasdaq) this issue should do well. We do however NEED that PC contract signed. I will feel much better when (fingers crossed) that happens..
One way of another. The street isn't asking for much. I cannot imagine why they shouldn't blow away the earnings this quarter.
One other thing. During the CC they mentioned an overseas auto launch. That may prove to be a surprise during the next ER. It may or may not (depending on what the product it and how many vehicles it was installed in) be a nice boost to the revenue channel..
Nearly 8,000,000 share short and you dont think there could be a squeeze ? You would be proven wrong if they were to announce a PC deal today. I bet you'd see at least a 30-40% squeeze, possibly more. For some reason the shorts dont appear worried , which should make anyone long uneasy. They have the tools to dig a lot deeper than you do..
It doesn't matter much. What does matter is the PC contract they have been working on. It had better not be all in vain . The 10q is enough to explain where their e-reader market is going.
NASDAQ:NEON) are valued at $2.4 per share. The price is 69.2% off the 52-week high and 28.3% above the 52-week low. The short interest in the counter has grown to 28.45% of the total floated shares indicating a bear momentum for the current share price trend.. Neonode Inc (NASDAQ:NEON) : Profit booking caused a drop in the share price of Neonode Inc (NASDAQ:NEON) which has dented the bullish mood during the day trade. After hitting an intraday high of $2.58, the shares witnessed a massive unwinding of long positions and closed the day with a loss of 1.23% or 0.03 points at $2.4, which is distressingly close to the days low of $2.35. By the end of the trading session, the volume had touched 626,967 shares. Neonode Inc (NASDAQ:NEON) has a market cap of $97 million and 40,455,000 shares are available in circulation. The 52-week high of the share price is $7.7962
We're all still waiting with baited breath for your detailed analysis of this company. . How about a little information other than your share count which nobody cares about except you..