RE:Why?
Revenues in Q4 were the same as in Q4 while expenses have grown significantly. Analsyts have called for 50, 55 and 60 cent one year targrets and they've been overoptiimistic all of last year.
VR/AR are growing slower than predicted and data center revenue prdictioms by the company are optimistic, we don't know if they have any orders and likely orders are not coming till Q4. It looks like they won't break even till Q4, if then, and they likely will need to do a raising by summer.
Investors are reacting reasonably after getting caught in the enthusiasm in VR/AR and S7's near-term future last year.
Plus we had lots of enthusiasm from Rouf in his first couple of months and nothing for a month and a half. So it's a wait and see game for now.
Q1 results should be interesting. If they can generate more than 4 million in revenues and keep expense to 4 million we might see al bum but even that would mean a loss of $1.5 million which they may be able to cver with some patent sales. So many are waiting to see Q1 results.