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The CEO was too optimistic. The pain may last a bit longer. They do need to sell or figure out financing soon.
They pulled the guidance for 2023
Did you exit Hrtx? Just realized you are also in lightweight, congrats there
They are stretching it out and stated it will be filed by end of the month. I’m not sure if they waiting to close the financing.
Anyone seen this before?
https://www.connection.com/product/unc-active-high-speed-hdmi-cable-with-spectra7-technology-25ft/hdmi-mm-25f-ut/38022635
Temp out of stock
Yes, he is Keeping this low so that he can buy after he gets a proceeds from the house
Cheap shares up for sale
How much cash they have left? What is their burn for Q3?
What is the projected revenue for 2h 2022 and FY 2023?
I’m going by what the co said and not what you wrote.
They have 46.6 million now or at end of quarter. Do you agree with that?
What was their burn in Q2?
They need to announce funding for this to move
They did not provide a guidance for 2023. They said they will do this in 3qrtr earnings report. They is the fact, you can read that from transcript. They were doing lot of word play during cc.
If they thought it would be more then like all companies they would increase guidance or leave it until they can comfortably increase it.
They need money soon and they are probably running into issues. I’m not sure if it’s in clinical validation or regulatory front. I believe these guys were just overly optimistic and regulatory landscape has changed.
Feels like hopeware and the AgoraCons keeps it going.
Why would pulling guidance be a good thing? Absolutely not. It tells me they are running into issues
Always have been wrong in your pumping of this and it will continue.
Spectra7 only participates in downturns. Right now, I think there is no buying pressure and still seems like someone trying to unwind a position
No. But they failed miserably with this uplisting. They seem like amateurs,
The next announcement is funding hence the price action here
Astera labs?
This explains Credo moving forward and not because of it being Ponzi scheme!
“This becomes a problem in a modular architecture like a data center rack.”
Following your steps!
Here we go. Loaded at 2.68
No.
Punit used it to fund himself. The RS and offerings were the clue… there were many of those
You would never give the opposing view any chance and convinced people that oncosec was on the verge of greatness
hELLO Sal.How the heck are you? Did you cover your oncs short yet?
Nice!!!!
What about https://www.linkedin.com/in/maggie-liu-2b88a345
She went from MindSpeed to MACOM to Spectra7… is MACOM next again?
Raouf sold Mindspeed to Macom in 2013, so he should know John Ocampo well enough to gauge their interest in S7.
Yup, to leave Macom after7yrs for this you must KNOW something from your interactions
Nice sign off. Let’s go Bran-done
Nice. But it still looks like we still have someone trying to exit and with the low liquidity it is really taking the PPS down. Looking forward to earnings
How much of our products are sold to consumers? Do you see data volume decreasing or the expansion into VR slowing. Most cos are not doing major cuts or holding of purchases.
Remember when airlines laid off people during pandemic and now they are canceling flights due to lack of staffing.. I’m still seeing big cos still hiring
Looks like another short target
-Plumpkin
This is what I was thinking as well. Given the CEOs history. But I think he has to show much more growth before it can happen
Dump part is on!!
Ok. You convinced me I will sell and short with you!!
Is that what you are hoping for?
Yes, it works both ways. If one day volume on the up side is about the total of those three days that took it down to mid .7s then I think it can’t be dismissed because it’s low volume
They will keep diluting and doing RS
Are you still looking for the same target in June?
They are not earning anything. This is a continuation of what Phunit did before. Milk the share holders.
Rockly s warrants are worth looking into. There is good volume and volatility. I made one nice trade on it