Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
28 million in cash! 28 million in cash!
28 million in cash!
* * $WATT Video Chart 12-27-18 * *
Link to Video - click here to watch the technical chart video
How loud is real loud?
Fat lady hasn’t sung real loud yet
,,,,,,,HOD $9.59 HAIL CEASAR!!!!
https://twitter.com/ECNlRP/status/1078372720537202688
Gonna see if she can hold 9s...if not...giving thought to some Jan.$10 Puts here.
Next leg up she goes topless!
THE FLOODGATES R OPEN for all watup things.
Now you got a top....@ $9.40. Wow!!
Congrats; it has the momo! Watt a nice upside move.
Currently $8.80. Nice day.
Sold a little too early..... Never mad about green numbers, but man this thing going nuts!!!!
GLTA
Good post! > Topped out @ 7.50 > Shorts will have a feast going into new year.
I think a lot thought this was a quick fade short. But, it was $33 a year ago. Read charts, people.
out @6.94..... GLTA, I hope it hits $10 for everyone long.
<Snore>
This news is effectively meaningless...
1) This product is OLD news - it has been public info since at least June. All that is new is the FCC approval... which is no big deal!
2) This is a me-too product in an already crowded industry!
https://www.hearingtracker.com/ask/which-company-makes-the-best-rechargeable-hearing-aids
3) The company is a small South Korean company with very limited distribution in SK and Vietnam! Pretty much a third-tier player in the hearing aid industry.
4) And most concerning is that not one of the large/real international hearing aid manufacturers, with REAL engineers, have shown any interest in Energous' technology!
This may be a win by definition, but it will have virtually ZERO impact on WATT's bottom line! And it certainly does not "validate" Energous technology for any other product!
TRADE IT IF YOU LIKE, BUT DON'T BELIEVE IT!
Needs to break 7 bucks today
Finally! Congrats all Wattuppers! Although this market is relatively small it should open the doors to many other WattUp wireless solutions.
in @6.04..... Let's go!!!!!
,,,,,,,GOOD MORNING $5.98 WITH 6M SHORT...SHOULD GO $11
you bloody damn well right it is big news: this thing is going parbolic , this authorization is the green light for more to come.Revenue stream open. Expect WATT to go back to 10 in notime
Mid-year update (6 months):
WATT from $17 to $5.70... a 2/3's loss...
"Sorry, WATT is a non-starter. The technology is scientifically impractical."
Anyone look at the 1 year chart. Straight down hill.
Management needs to be replaced.
There ya go.
Good news today, this chip could be in every small device, maybe even AirPods
Large volume today too, and up about 12% I think something big is coming
Wow. Nice price spike here. Sumpins up
Yes. Read CC transcript. Expect material chip and eng services rev increase this Q4. Breakeven 2019. T1 engagement graduated from evaluation period to integration/engineering WattUp into products
Glass half full or empty?
Roth Capital analysts report issued today reiterating BUY with 1-yr price target $24.50. Read it too.
Lies, Damn Lies, and Startup PR
Observations from an engineer on the world of venture capital and startups
Energous had their earnings call yesterday, and sadly it was a much calmer call than last time - no irate investor actually demanding real answers to pointed questions, demanding accountability for prior statements made. It was completely as expected, same old delays and obfuscation, you can read a transcript here for yourself. Last quarter's earnings call promised hearing aids on the market in the next 90 days, which was essentially today, so what do we get?
Indications are that the hearing aids from SK Telesys and Delight will be the first WattUp enabled products to hit the consumer market hopefully, before the end of this year.
"Indications" that "hopefully" in the next 90 days. Again. Will they just disappear and be forgotten, just like Myant? Why does anyone believe a single thing out of this CEO's mouth? Other 'highlights':
Key products such as the spine tracker and some location tags are listed, so essentially tiny markets from non-Tier 1 customers. Not enough to sustain a $200m+ market cap company.
Continuing with ~$12.5m per quarter expenses with ~$29m in the bank. Capital raise needed by the end of Q1 2019.
They claim progress on their GaAs and GaN chips for transmitter, receiver, and power amp chips, and that they can handle up to 15 Watts. This may actually be true, but the surrounding transmitters and receivers will still be in the <100 mW range. There is legitimate work that can be done in this area, if Energous ever have worthwhile IP, this is where IMO it will be.
They still mix consulting and licensing revenues so we can't split them, and they are still a paltry ~$200,000.
One of the more egregious statements came in the Q&A, regarding contact charging vs at-distance:
The strategy has always been that we go in first with near-field, engage the regulators and then migrate the discussions to distance.
The entire basis of the company for the first three years was at-distance, with FCC approval of at-distance always the 'Holy Grail' which finally came in Dec 2017 and then... nothing. They marketed themselves as charging multiple devices, at up to 15 feet, at up to 5 Watts. If they position themselves as a contact only Qi competitor, just without the existing infrastructure, support, standards, efficiency, or max power delivery, they'd never have the funding they have enjoyed. From the earnings call in Feb this year:
We expect the first contact-based transmitters will be in the hands of the consumers in early 2018, followed by the first at-distance transmitters coming in late 2018, culminating in far-field transmitters coming to the market in 2019.
We're heads down focused on commercialization, and we believe that the $40 million is sufficient capital to get us to that point (profitability).
So the first thing never happened, they've just admitted the second won't happen, the third really isn't a priority and never was, and that they will still be in the red by ~$12m/quarter by the time that $40m runs out so they miss the fourth by just a tiny amount.
Why does no-one call them on this? Well, in a way, the markets are doing that. Here's the stock price at around 8am Pacific this morning.
That's nearly a 9% drop first thing in the morning, hardly a ringing endorsement. We'll see if that continues. Unfortunately, you should remember that there are some large institutional investors still owning WATT, so that's part of someone's pension taking a hit there.
Now we wait another 90 days for the same again...
https://liesandstartuppr.blogspot.com/
You’re sorely mistaken. You don’t lose until you sell. So there’s no losing unless you’ve sold at a lower price than bought.
This is a timing story. Not an IF story but WHEN.
Unfortunately it’s taken longer than planned or anticipated. But it’s happening.
What does Buffet say about investing and patience?
Sometimes you're the antelope and other times the lion.
So it is with investing, too.
Maybe this stock will be bought out. Who knows?
WATT
Well, WATT has since been cut more than in half...
I am sorry for longs' losses.
WATT is a good story, but just a story...
Pencil is loaded wireless just said at the live event
watt ER tomorrow and apple's event is tomorrow, plus huge news today!! only way tomorrow is north, I am pumped
I’ve been in this one a long time and have rode the runs to a nice profit but after the news with dialog and apple earlier this month, apple’s event on the 30th, and our earnings call on the 30th... I think it might be time! Dialog is up today, I think shorts are covering their butts here imo.
Agreed. This might be more important than folks realize.
The Apple-Dialog deal is specifically focused around Dialog's power management segment, which Dialog only has a limited number of products currently listed on their website (including WattUp from Energous). Given that the deal is for products coming out in the next three years, the future looks promising.
Followers
|
112
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
1816
|
Created
|
03/28/14
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |