I have also been invested since 2015 and kept listening to the same old story from him on design wins, future is near story, and continues dilution of stocks. Luckily, based on my wife's pressure, sold half of the stock, when CEO sold at 4.5 pre-split. Also sold some more and invested in other good ones that performed far better than SQNS. Again, recently, I also got excited bought again but got burnt down. Every time before the CC, we think that the hype is real, but in CC the current CEO brings us down. I still believe that we are almost there and in 6 to 9 months things are going to turn around. But I am not going to put most in SQNS and wait. Patience has been tested beyond patience.
R
Hmmmm......looks like they were awarded the contract???? If they can break $16M and then $20M the 1st qtr then .........HOLD TIGHT
Second, we now have several mutually beneficial partnerships with large marquee companies that ship billions of microcontrollers for IoT devices every year, and we are just beginning to scratch the surface of what can be accomplished with them. Last to conclude on vertical markets. Turning to projects for vertical markets, which are mainly services provided to our customers to adapt our software for Avionics, public safety, military and satellite applications. We are very close to finalizing a new satellite project that we have engaged in the third quarter. This project is a new one in addition to the large one we have secured with our customer, but where we are waiting to learn if our customer has been awarded the deal.
Bullish
J
Revenue is met but the loss is more steep? I bought this 3 months ago and I felt this could take off with 5G sales finally coming to place? Any long term holders have any thoughts on the report this morning?
R
Great, another R & D company to burn cash at. Finland Definitely another offering sometime during the spring.
J
Target of 15 was maybe too high. Should have sold in 9's. R&D facility would cost a lot of money, will never give the return it needs for a little company like this one - too much overhead. It is not like INTC.
R
$20 by end of year if production of chips not hindered.
R
Market makers, I don't know how they do it but they do. SQNS issues shares, share price increases as the buyers of those shares exit, then share price goes down, then SQNS issues more shares, price increases, then price goes down, etc etc etc etc SEC where are you?
D
I did sell practically all today , I basically broke even after like a year, todays earnings did it to me , so I will watch it but it will be slow move the, 1000 shares I sold today put all the money into Mogo and made more today lucky though timing then like year in sqns .
M
After careful check SQNS;s financial latest reports, I recommend your guy buy this stock on deep.. it will be over $12 pretty soon.
Bullish
G
How many quarters, years? What is George’ plan.
R
I guess Wes believes in the company, but watch carefully if he starts to unload.
EXPLANATORY NOTE
Sequans Communications S.A. (the “Company”) is a foreign private issuer, and therefore its officers and directors are not required to report insider transactions on Form 3s and Form 4s under Section 16 of the Securities Exchange Act of 1934. However, to provide greater transparency to the market, the Board of Directors of the Company have determined to voluntarily report insider transactions in a Form 6-K. Such reporting will be done on a monthly basis for all officer and director transactions during the previous month.
On December 3, 2020, Mr. Yves Maitre, a member of the Company's Board of Directors, sold a total of 28,750 of the Company’s American Depositary Shares (“ADSs”) on the open market at a weighted average price per ADS of $5.90. Following this transaction, Mr. Maitre beneficially owns 19,090 of the Company’s ADSs. This amount excludes any exercisable warrants.
Mr. Wes Cummins, a member of the Company's Board of Directors, is the general manager of the investment fund 272 Capital LP. On December 8, 2020, 272 Capital LP purchased 100,000 of the Company’s American Depositary Shares (“ADSs”) in connection with the registered offering of ADS sold by Nokomis Capital Master Fund, L.P. at a price per ADS of $5.50. Following this transaction, Mr. Cummins beneficially owns 450,000 of the Company’s ADSs. This amount excludes any exercisable warrants granted to Mr. Cummins as a member of the Board of Directors.
On December 9, 2020, Mr. Richard Nottenburg, a member of the Company's Board of Directors, sold 17,215 of the Company’s ADSs on the open market at a weighted average price per ADS of $5.90. Following this transaction, Mr. Nottenburg beneficially owns 113,035 of the Company’s ADSs. This amount excludes any exercisable warrants granted to Mr. Nottenburg as a member of the Board of Directors.
R
They have spent $7M+ for Research and Development each qtr for longer than the past 5 yrs. Now they are ADDING an R&D in Finland?? They haven't gotten any return on the $30M+ expense per year for the past 5 yrs on R&D I cannot figure the business decisions of this company other than they just live or exist to always issue shares to pay for their fun. Meanwhile, back at the ranch it's losing tons of cash, but hey, let's add to our unsustainable expense of R&D. What???
R
It was the CC for Q1 when the market cap surged back in 2017 I would imagine that with 10x the amount of accomplishments and the fact that 5G is here that this May will be a blockbuster report that will make the SP surge towards $15 to $20
Bullish
R
I thought this time would be different but here we go again. The converts got in at $5.40 (less than a month ago) and prolly dumped at $7+ Now the company will announce a offering for about 5M shares at $6 or so This again will pay their salaries for the next year Unbelievable They hype up the stock with announcements, then BANG SURPRISE!! Well, actually it's not a surprise they have been doing this for YEARS I am out. Can't take this no more, better opportunities elsewhere where there are actual CEO's that take care of their shareholders
R
Still a $2 share stock (pre RS) It was $4.60 in May of 2017 with much less going for it. That $4.60 is $18.40 now. So it stands to reason barring any more offerings this is going to at least that. Good luck
d
hold tight
R
This company is just smoke and mirrors, just R&D funded by stock issues. joke
Decline not too surprising, all the speculators getting out. Given guidance was reaffirmed in January I don’t think there is much risk of Q4 disappointment. I think the stock direction after tomorrow will be determined but the outlook and progress with Monarch sales.
Again, recently, I also got excited bought again but got burnt down. Every time before the CC, we think that the hype is real, but in CC the current CEO brings us down. I still believe that we are almost there and in 6 to 9 months things are going to turn around. But I am not going to put most in SQNS and wait. Patience has been tested beyond patience.
If they can break $16M and then $20M the 1st qtr then .........HOLD TIGHT
Second, we now have several mutually beneficial partnerships with large marquee companies that ship billions of microcontrollers for IoT devices every year, and we are just beginning to scratch the surface of what can be accomplished with them. Last to conclude on vertical markets. Turning to projects for vertical markets, which are mainly services provided to our customers to adapt our software for Avionics, public safety, military and satellite applications. We are very close to finalizing a new satellite project that we have engaged in the third quarter. This project is a new one in addition to the large one we have secured with our customer, but where we are waiting to learn if our customer has been awarded the deal.
Definitely another offering sometime during the spring.
SQNS issues shares, share price increases as the buyers of those shares exit, then share price goes down, then SQNS issues more shares, price increases, then price goes down, etc etc etc etc
SEC where are you?
EXPLANATORY NOTE
Sequans Communications S.A. (the “Company”) is a foreign private issuer, and therefore its officers and directors are not required to report insider transactions on Form 3s and Form 4s under Section 16 of the Securities Exchange Act of 1934. However, to provide greater transparency to the market, the Board of Directors of the Company have determined to voluntarily report insider transactions in a Form 6-K. Such reporting will be done on a monthly basis for all officer and director transactions during the previous month.
On December 3, 2020, Mr. Yves Maitre, a member of the Company's Board of Directors, sold a total of 28,750 of the Company’s American Depositary Shares (“ADSs”) on the open market at a weighted average price per ADS of $5.90. Following this transaction, Mr. Maitre beneficially owns 19,090 of the Company’s ADSs. This amount excludes any exercisable warrants.
Mr. Wes Cummins, a member of the Company's Board of Directors, is the general manager of the investment fund 272 Capital LP. On December 8, 2020, 272 Capital LP purchased 100,000 of the Company’s American Depositary Shares (“ADSs”) in connection with the registered offering of ADS sold by Nokomis Capital Master Fund, L.P. at a price per ADS of $5.50. Following this transaction, Mr. Cummins beneficially owns 450,000 of the Company’s ADSs. This amount excludes any exercisable warrants granted to Mr. Cummins as a member of the Board of Directors.
On December 9, 2020, Mr. Richard Nottenburg, a member of the Company's Board of Directors, sold 17,215 of the Company’s ADSs on the open market at a weighted average price per ADS of $5.90. Following this transaction, Mr. Nottenburg beneficially owns 113,035 of the Company’s ADSs. This amount excludes any exercisable warrants granted to Mr. Nottenburg as a member of the Board of Directors.
Now they are ADDING an R&D in Finland??
They haven't gotten any return on the $30M+ expense per year for the past 5 yrs on R&D
I cannot figure the business decisions of this company other than they just live or exist to always issue shares to pay for their fun.
Meanwhile, back at the ranch it's losing tons of cash, but hey, let's add to our unsustainable expense of R&D.
What???
I would imagine that with 10x the amount of accomplishments and the fact that 5G is here that this May will be a blockbuster report that will make the SP surge towards $15 to $20
The converts got in at $5.40 (less than a month ago) and prolly dumped at $7+
Now the company will announce a offering for about 5M shares at $6 or so
This again will pay their salaries for the next year
Unbelievable
They hype up the stock with announcements, then BANG SURPRISE!!
Well, actually it's not a surprise they have been doing this for YEARS
I am out. Can't take this no more, better opportunities elsewhere where there are actual CEO's that take care of their shareholders
It was $4.60 in May of 2017 with much less going for it.
That $4.60 is $18.40 now.
So it stands to reason barring any more offerings this is going to at least that.
Good luck
joke