Bull! It does not say that. It really is a shame the SEC doesn't hang people like you for posting lies. Unbelievable
That is nothing but a lie. Nowhere on the 10q does it state future and imminent revenue declines. How you guys get away with posting bold faced lies like that is beyond me.
This is for all the newbies that have not followed this stock for over 2 years like I have. About 6 to 8 months ago (I can't recall) there was a call in which Neonodes IR rep at the time basically said the company was turning the corner and their products were ready for prime time. . (exact quote) The share price was in the 6.00 range at the time and he warned the short sellers to cover. Since that call the SP collapsed to under $2.00.. It was a complete disaster for anyone holding long. I believe it was a concerted effort to wash out all the retail investors before an extended run up. No way to prove it, just my opinion. Neonode has never hit their numbers. I believe that is going to change starting NOW... Think about it. If you have an IR rep warning shorts to cover at $6.00 per share and the SP is only $3.49, should you sell or ride the wave of improved earnings.. Your choice..
I agree. Its definitely overbought but not without a reason. I doubt this pop is just speculation. Something more is going on that we will be informed of before weeks end. Two things can happen from here. Neonode will either provide details of a profitable contract that takes us higher or, more uncertainty and lack of clarity will cause the SP to collapse. If they have signed , $3.49 per share is just the beginning of a profitable future..
Oh and Im sure that's why Fidelity (one of the best managed funds of all time) owns 6,000,000 shares. Your an idiot !
They do have a nice website. Now if they can finally sign that contract. This low volume rally is going to Peter out on us without a catalyst...
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..