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This is turning into a total disaster. Looks like major dilution occurring. Wow.
The dumpfest continues. When will it end? I keep buying, but catching this falling knife hurts.
Man they have the foot on the neck around here.
Have yet to see it on news feeds....it is a big deal and Kraken continues to be stellar company.
it was already expected and baked in...........market likes unexpected good news and the you see a spike up
Thought we would have had a better reaction to the news.
Thanks! Excellent news!... trading oughta resume soon,... news didn’t hit my fidelity wire yet...
Canada’s Ocean Supercluster Commits Funding to Kraken’s $20M OceanVision™ Project
https://www.globenewswire.com/news-release/2019/06/28/1876101/0/en/Canada-s-Ocean-Supercluster-Commits-Funding-to-Kraken-s-20M-OceanVision-Project.html
Not sure there’s any connection. Sophic just put out the PR.
That’s worth the trading halt? Interesting.
Stock halted for company news. Let’s hope it’s good news.
Sorry, I don’t have a clue. Anything I would say would be a complete BS out of thin air. All I know is, I am adding on every dip.
Good Morning JoeLawyer, What in your opinion could be a possible buyout number or amount? I know it is all speculative. TIA
Thanks, I’ve been following it for a couple of years, along with poet... a lot of interesting developments in the sector...
Check out this news: https://www.businesswire.com/news/home/20190613005386/en/
This is huge!
It’s actually on my watch list, some smart guys over there... ;))
I was responding to Ruffieruff’s question on Spectra7 Microsystems. That symbol is SPVNF
I agree, I also think it has the potential to be bought by a large defense contractor like Raytheon or Leonardo.
Could easily be a dollar by September
Buy on the dips, I dont even follow the day to day on this at some point it will be a buy out in the double digits dollar wise IMO.
Tweet this morning by Sean at Sophic Capital:
So many upcoming catalysts for @KrakenRobotics (PNG-TSXV; KRKNF-OTC). Management has called out a pipeline of over $200M in additional revenue opportunities that should begin to convert in the coming months. Stay tuned!
Nice find. Looks like it has some legs. Very hard for me to buy TSX stocks
Ruff: I think this is the bigger news: https://www.businesswire.com/news/home/20190613005386/en/
Nice News this AM.
Ocean Supercluster on verge of awarding contracts. Official says: "Within a month or so, we'll be making [project] announcements. Fingers crossed,"
https://t.co/iZz3PVRoza?amp=1
Kraken CFO bought 44,000 yesterday on the open market. Follow the smart money. I am.
heading to .45 on the Canadian side!!
Looks like you are right.
sold this bottom buy on the poor 1st Q... company is very overvalued and will need another year to prove itself!!
look for a sell off over summer!!
“Entered 2019 with backlog of $10.5 million all of which expected to be recognized in 2019. Our guidance for the fiscal year remains unchanged, and we expect revenues of at least $15 million and to be net income positive.” AND “Our guidance excludes any benefit of larger program opportunities we are pursuing such as Ocean SuperCluster and various large foreign navy minehunting program upgrades.”
IMO - AMAZING!
Financials out this AM. Looks very promising.
These could be the warrant holders. There are tons daily on the ask. They only positive is I keep adding every chance I can.
What public news do you see that would lead you to believe that a delusion is going on?
Unfortunately seems like the is major dilution going on. Hopefully they will be done soon.
We can only hope. Good Luck
Yes, I’m here. And, I will be for a long time. I consider this an investment not a trade. I’m expecting a very good report Thursday of Q1, but more importantly I’m expecting a great year.
Hey JoeLawyer, glad to see you still here. This stock is getting pretty depressing. Hope some new contract news comes out soon.
Q1 financials out this week, probably Thursday.
Great growth companies often trade 'not cheap'
The chart and fundamentals were strong but the halt and auditing hiccup caused the retracement. If you are a trader---I would understand your comment.
I am not a trader and want to be a shareholder when new large contracts are press released.
yep someday, but the company is not worth the price at 90c. I like the CEO but its in a very limted space for fast growth. News comes a bottom so we wait.!!
The market is always right and market cap is what matters. The daily went bearish so short term is not good. Stock was overvalued at 90c and 85c Canadian. I would think a test at 78c will come on that contract news if and when it comes. That’s a sell going into summer
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