RE: How did Labomba know?Nothing wrong with getting excited - here is some appropriate music!
https://www.youtube.com/user/salvitrucha
JMHO but think there will be a significant amount of trading going on as sp jumped 20% in a day, twice in one week so profit taking is to be expected. Great to see company deliver. As far as patent dispute, just ask yourself why all the new customers if they didn't have the goods. Absolute has been dealing with a patent lawsuite as well and that has certainly not affected their performance - seems to go with the tech. territory.
3Q review forecast CC FYI for newbies
https://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=1996500
For sharing with other longs - Dec. 1/07 email from Bob Beaty, Howard Group Inc. (seems every time I get impatient, we get a NR).
"On AMS' share price, there is nothing fundamental I'm aware of that would justify the sinking price. My guess is the jittery markets are chiefly responsible followed by frustration over the delayed China contract and, of course, the cold water effect of Star's regulatory and court actions against AMS.
I can tell you AMS management is extremely frustrated with what they have labelled as "nuisance" Star lawsuits and Stars' request for the United States Patent Office to review AMS' patents.
However justified or not, it takes a long time to resolve these latter issues.
But on the business side, AMS stated in its third-quarter filings on Sedar that it expects its fourth quarter to be a record breaker in terms of increased business.
The company also stated in the Management Discussion and Analysis section of those filings that:
"Revenues are expected to grow at a significantly higher rate than our costs because the company has the infrastructure, sales people and support organization in place to support revenue growth,"
I know investors have been through some difficult times with this stock. Management is keenly aware of that frustration and I can assure you on my many visits to AMS' offices that everyone is very busy. Employees are also confident about the future as evidenced by the number of employees - from junior to senior ranks - who snapped up over 500,000 shares that Mr. Tempany and AMS founder and President Darryl Jacobs offered up from warrants they exercised to purchase 1,024,237 company shares.
All of the employee cash from those share purchases went back into company coffers and the roughly 30 employees - more than half of AMS' workforce - did so in the face of slumping share prices and Star's legal and regulatory challenges."
Cheers,
Bob
(888) 221-0915