RE:Underwhelming reaction to earningsPossibleidiot01 wrote: on 89,500 shares ( 195 trades) . on the positive side .
Down 21 cents but up 16 cents from the low.
I can't blame people for selling due to the past history of the stock but I expect analyst comments to be positive and target prices to be raised.
I'm not leaving just as the party starts.
VERY surprised as well! But it's somewhat like this at every earnings/quarterly. Like you say, until analysts say something it tends to dip a little before it ramps back up - does that every time. I think being cash flow positive is a looong time coming and it's a little disappointing on the "principle" that this should have been it, there should have been some "green" at the bottom of the excel spreadsheet and not parenthesis on the EPS. Thankfully, no sign of further dilution through the issuance of additional shares. That would have been a killer, management is WELL aware of this. Now they have to be cash flow positive next earnings!... Would be really nice to start seeing a string of positive big contracts going forward as well, even though management seems to have kept the news outflow to a minimum for some time. It is uber-surprising how long it has taken for the company to get to positive numbers even though the business model and ownership of the company, as well as many other things, have changed through the pretty much 20 years the company has been in development. Management has also made sure to acquire some sizable stakes in the company via numerous issuance of new shares and further dilution over the years ...that pattern can not continue and this has to become a real index-traded company. Still long. GLTA!