Mcav,
This issue trades as if there is no faith in IR touch tech. Even with all the announcements of future business
contracts with auto, tablets, phones and office there seems to be little speculation and a lot of pessimism
as shown with the heavy short interest. The company is way to cryptic as to who they are doing business
with. Capacitive touch is way out in the lead and it shows. Look at what Unxl did when they announced their
contract with an unknown pc manufacturer. It literally doubled overnight on the news and then went on to
triple thereafter. I'm probably way to heavily invested with neon but I like where they are trying to go.
they need to start showing some positive results very soon or the shorts are going to cut us off at the knees..
Thank god for the rest of my portfolio. This dog isn't hunting. Kicking the #$%$ out of myself for not picking up some tsla shares a couple of weeks ago! Are we in for a slow bleed back to $3 or $4 with neon? Ugg
Danny, good luck. I'm going to give them some time. If they don't show any improvement by the third quarter then I'll have to step back and reevaluate. Unless we as investors are being deliberately lied to about their future business deals then IMHO patients should pay off.
I will definitely watch closely for sec information concerning the company.
Danny, I wouldn't bale yet. They are still transitioning. Today's lousy earnings release was obviously expected
since the stock didn't sell off. If the insiders and institutions were selling, I'd be worried. They are not. They are
waiting for the new contracts to pay off..
The good news is that the future looks bright. I can't imagine any further decline in revenue from
this point. Gonna really need to be patient with this one..
You may get your dip today. Omg, I didn't expect that huge revenue decline. I just checked
level 2. At this point the pressure doesn't look intense but I'm not optimistic short term.
Sentiment: Strong Buy
We will know tomorrow if todays action was a classic shakeout. There had better be good
forward guidance during the conference call or the shorts will kill us.. I wish they hadn't
been so cryptic with the last press release concerning the latest auto contract. We really
need a high volume auto manufacturer deal. Volvo makes a great car but not enough of
them..
Yes sir ! I'd be pleased as punch to just see $20 per share which should be easy as long as the market holds up and the economy strengthens . Good day to you !
Sentiment: Strong Buy
Good question mfcav. Perhaps they are withholding that information until earnings . Lets just hope its from a major auto maker and not aftermarket. I am very disappointed with the stock action today. There should have been a huge short covering rally with the press release but we didn't even manage to close at the highs. Also, the chart is horrible. Its actually breaking down. We need a decent earnings report followed by positive guidance or the SP is going to sink .
The stock market is frustrating to say the least. Did you see what yelp did today ? For crying out loud , thats one I would have never touched . Even the name is a joke. Figures !
Outstanding results! We're going up from here!
You are right. I was shocked this morning to see that the shares were only up 2 percent on the news but since have gained and are currently up over 8 percent. Lets hope this rally has legs !
Sentiment: Strong Buy
I just don't get it. A lousy 2 percent gain on that press release after a 9 percent loss yesterday ? Come on !
This is what we have all been waiting for. Hopefully just one of many to come !
Sentiment: Strong Buy
It's a speculative small cap caught in a falling market. This is exactly what I fiqured
would happen as summer approaches. All of my small caps were hammered today.
There have been zero announcements in quite some time. Let's all hope
they have been saving some good news to release with the earnings
report in may..
Sentiment: Strong Buy
But the volume was on a down day with big increases in all the major
indexes. I have lost my shorts on this one in the last 6 months. I sure wish
we could see the inside trading information. I'd like to see if they are buying
any shares at this level.
Looks like Wellington Capital greatly increased their ownership.
They now own 15 percent. Over 4,000,000 shares from 700,000.
That is a pretty good vote of confidence!
Sentiment: Strong Buy
I guess I should have said first customer phone since they
have already released the N1 & 2 years ago.. While reading reviews
of those phones, I could not find any touch screen complaints.
Most people were pleased with the phone except with the steep
learning curve involved with the interface..
Let's just hope that when neonodes first phone is released that it's a success.
Capacitive screens have walked away with everything so far. Neon
needs a hit phone. They cannot afford to loose credibility in this
space. There is to much money to be made.. Imo.
Yep, great trade for those that took advantage of it..