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12M super low float. 25M O/S. 51% held by insiders/instys.
https://finance.yahoo.com/quote/VMEM/key-statistics?p=VMEM
I've emailed IR telling them the PR yesterday was not seen by the investment community and to re-release it..not through MarketWired which is not supported by Ihub. PRNewsWire it.
VMEM .40 try again of lower lows
Bounce time wohoo
Im not happy at all with this company about the way they deal with shareholders.
The CEO doesn't want to sell this company. To continue operating this company, he is using us by diluting(Reverse split) our shares. This is not good you know.
Looking good so far hope this holds.
VMEM .40 bottom reversal
Yeah 10s are coming soon. I really wish the CEO trying to sell this company as soon as possible. However, I think he'll let his ego get the best of him thinking he can be this company savior too.
At this pace we should see teens next week!!
So, everyday this stock goes down -10%.Its very easy to lose money rather than making a small profit from this market.
T695, with all the pluses, fundamentally, why aren't corporations buying their storage products?
Still watching, will post when I think it's a buy
Damn 10% daily!! To what end?? What happened to up and downs !! This is straight down.. ouch
I told you guys that investors were dumping their shares. Take a look at sell orders(146000 shares waiting to get dumped).
The CEO still refuse to sell that company.
No end to sell off!! Days !!
I think investors are dumping their shares. This is the reason the stock price is crashing like that.
Signed a deal with a billion $ private co...B&H photo
What's the good news
So true. The company is worthless now.
The company and its responsible parties are a fkn joke. Bankrupt is around the corner.
Those piece of shit said nothing to the public since they released their earning report. They don't communicate. Damn, they refuse to publicly address investors about the company. Everyday, the stock is going down with low volume.
Those piece of shit said nothing to the public since they release their earning report. They don't communicate. Damn, they refuse to publicly address investors about the company. Everyday, the stock is going down with low volume.
The y and t too close together on the keyboard lol. If this touches .90 again and stay above it, I think it's time to load the boat
Is that pig Latin? Lol, j/k, looking good so far.
Now uder .25 a share pre split... earnings weren't great but they weren't THAT bad were they?
What a little beauty...
Market markers letting shorts run weird l2 trading really odd. Small late day rally possible
Pre/post market drop is disproportionate I picked up 4000 shares at 1.08 year low. Giant gap to fill from market close of 1.60.
Expecting at the very least a 40 cent recovery
CC: Cash raise clearly inevitable,
new product shipping next week GA, then in data.
Based on our current expectations for revenue in gross margin, we believe our existing cash balance is insufficient to operate the business for the next 12 months even as we continue to restructure our operations and reduce spending even further. As Kevin has mentioned, we are actively seeking additional cap further to fund our operations.
Since the end of the second quarter we have reduced our headcount by approximately 15%. We currently believe that our non-GAAP operating expenses for the third quarter will be between $15 million and $16 million.
We have decided not to provide quarterly guidance for at least the next two quarter as we are undergoing a lot of change including organizational changes and new product launch and reductions in our cost structure. Until we have better visibility we believe providing quarterly guidance will not be practical.
Violin Memory's (VMEM) CEO Kevin DeNuccio on Q2 2017 Results - Earnings Call Transcript
http://seekingalpha.com/article/4005083-violin-memorys-vmem-ceo-kevin-denuccio-q2-2017-results-earnings-call-transcript?part=single
.
Boy howdy, with storage beats by PSTG and NMBL I was thinking Violin might have a 'better than expected', glad I didn't follow thru' with that thought from a couple of weeks ago. I haven't read the CC yet, but I take it guidance must not have been so rosy either.
I did just start to scale in a small amount of $1.13s for a swing, I hope those don't bite me.
VMEM to announce earnings thurs. Sept. 8 AMC
Violin Memory to Announce Second Quarter Fiscal 2017 Financial Results
http://www.marketwired.com/press-release/violin-memory-to-announce-second-quarter-fiscal-2017-financial-results-nyse-vmem-2153822.htm
So I get home and
what have you done now?
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