Post by
bankerboy28 on Apr 14, 2014 3:47pm
Looks like its
pretty much bottomed....I think the issue was the restatement of the revenue...otherwise its probably good to go....will find out more tomorrow after release....target is still $5 or so...its pretty cheap...after the results the insiders will undoubtedly step up to buy or you would think they would based on the IPO price of $4 and now where its trading....this could just be an over reaction to the revenue error and looking back 6 months to a year from now...it could be the smart buy of the year...then there is the Stevie T factor....he buys really cheap value stocks that are doubles or takeover candidates......time will tell....BB28
Comment by
hoffbag on Apr 14, 2014 7:43pm
Hope you are right, added a bit today! 80m market cap now.
Comment by
janoe on Apr 15, 2014 9:15am
Software error? Is that purely speculation? I'm confused, you called it a train wreck, said thank goodness you don't own it and now are calling it a gift. #waffle strategy: Buy the stock to gain ownership to the technology before Intel or other Chip Maker buys this outright.
Comment by
bankerboy28 on Apr 15, 2014 1:50pm
Good strategy....its so cheap it could be taken out even with the recent IPO....and it was a train wreck going down from $4 to current price of $1.63....but it turns into value at this point...the software comment was right in the news release...BB28