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Rekor Systems, Inc. (REKR)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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4.7900+0.0100 (+0.21%)
At close: 1:00PM EST
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  • H
    HC
    $5 in early trading
  • J
    Jim
    Lots of of insider buying recently!
  • H
    HC
    Good news.

    "In November of 2020, Rekor and Vigilant Solutions, LLC agreed to resolve the district court litigation and intellectual property rights action between the parties pursuant to a confidential settlement agreement. Rekor will have no material effect from its obligations under the agreement."
  • T
    Techfan20
    Lots of interesting things happening at REKR. Shorts have created buy opportunity.
  • M
    MaverickXXX
    Those are GREAT earnings, still the stock is 8% down pre-market. Am I misreading the earnings?
  • T
    Techfan20
    Big volume gobbling up all the shares
  • M
    Mike
    Disaster this stock
  • H
    HC
    I have a feeling that the third quarter's financials have been leaked.
  • H
    HC
    Balance sheet looking MUCH better.
  • a
    art
    Why the huge drop?
  • R
    Robert
    wth happened !!??
  • R
    Rob1
    Bought some before the close and expecting a double within 6 months.
  • m
    matthew
    30% is held by insiders.. that’s huge. This guy is going back to $6+ by the New Year no doubt in my mind
    Bullish
  • e
    emily
    $REKR -- Collierville, Tennessee, police department selects Rekor to improve community safety. Department will use vehicle recognition service and mobile application.

    “We are looking forward to bringing Rekor into Collierville as a technology partner to help us focus on vehicle-based crimes, including stolen vehicles, illegal weapons transport, and wanted felons,” said Chief Dale Lane of the Collierville Police Department. “We anticipate we will see many of the same benefits this technology has brought to other police departments across the United States, allowing our officers to be even more strategic when engaging suspects, and overall helping us improve community safety. Rekor’s technology will further enhance public safety in what is already one of America’s safest cities.”

    https://www.globenewswire.com/news-release/2020/10/14/2108305/0/en/Tennessee-Police-Department-Selects-Rekor-to-Improve-Community-Safety.html
    Collierville, TN, will Use Vehicle Recognition Service and Mobile Application
    Collierville, TN, will Use Vehicle Recognition Service and Mobile Application
    www.globenewswire.com
  • R
    Robin
    $REKR announced its preliminary third quarter guidance today along with details of their earnings conference call Nov 9
    https://www.accesswire.com/612703/Rekor-Systems-Announces-Preliminary-Third-Quarter-2020-Revenues
  • R
    Rob1
    Are the manipulators playing the game again? Driving the stock lower at the open only to get back to the opening price by end of day?
  • H
    HC
    Revenue of $6.4 million for the 9 months with a loss of $8.7 million. Ouch

    "Operating loss for the three months ended September 30, 2020 increased to $3.4 million, compared to $2.5 million in the same period in 2019 and operating loss for the nine months ended September 30, 2020, increased to $8.7 million, compared to $5.3 million in the same period in 2019."
  • R
    Robin
  • M
    MaverickXXX
    A lot of positive news and developments lately. I was about to increase my holding but with only 1M in cash on the balance sheet relative to 21M of debt, I think we can reasonably expect a share drop in the near future when they launch a new public offering to cover debt. I'll wait until then.