Post by
ramman1 on Jun 18, 2021 8:03pm
So: To recap the week.
Joe Overdevest over at Fidelity,on behalf of funds/clients, has been accumulating ,quite a substantial volume of shares,without sell. ------- All this positive buying, into a continual ''massive'' wave of sell orders,with not a single contract win of any sort for over 2 months. Yikes: Technically, we cant even sell an extension chord,let alone a camera. ---------- So: Has Mr Overdevest ,become an extreemely astute manager ,set to get in ,''at the right time'', with a large accumulation, OR, has he become yet another victim to the Dyment ,''it's in our pocket/in the bag rhetoric. ----- Let's just see how this plays out .--- There will be the usual pumpers replying, and of course our Implications idiot with absolutely nothing new ,but to dwell on ''HER'' troubles .-----------Bottom line ,its all about contracts ,or lack there of, and the reason(s) why . Margins are at 40-45% ,whether well sell 20 million of product, or 1 single extension chord ,lets get to the reasons of lack of sales/contracts , and HINT: Dont blame covid .
Comment by
Ciao on Jun 18, 2021 8:05pm
Agreed. I'm good to buy on a gap up when an "annoucement" is made.
Comment by
eratic on Jun 19, 2021 9:42pm
What's the chances that any contracts being won are all under NDA? I don't follow the industry closely but is it GSI not winning contracts that other competitors are getting or is it just then not making any announcements?
Comment by
stocksaregood on Jun 20, 2021 9:46pm
Dyment did say in his last release that not all contracts were going to be released. Maybe I'm wishfull thinking but I believe there is more going on at the company then what we know. Guess we will need to wait for financials to come out to see what has been happening.