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Well with contracts like this one and potentially IVAS, they certainly will compete in the long term
Wow! That is awesome! Big positive going forward for earnings and exposure
Chi, any hints or anything of substance on the interview that you can share? Or was it more or less an overview? Much appreciated!
Thanks for your comments Chi, always insightful and analysis based. Much appreciated!
I agree and thanks for all your research! I still don't understand how a company sits on something material, doesn't it have to be disclosed?
Yippeeee! I be a little more impressed if they BOUGHT some shares
Looks like a little accumulation happening, hopefully it is preceding another nice walk up!
It's a riddle wrapped in an enigma...
Amen!!!
That is definitely cool stuff and state of the art
Agree with that
It looked to me like one bought and one sold
Totally agree, good to remind people this is just a piece of a bigger pie
I gotcha ARZ, there are plenty of things to criticize over past years, but this announcement isn't one of them
I'm thinking, maybe in this case, who it was, was more important? DHS and Customs are pretty high profile, and other agencies etc. take their queues from them
ARZ I understand you are a bitter longtime shareholder, but saying they shouldn't PR a nice order is ridiculous...
Interesting, almost seems like a fund or institution buying?
Yup, nice last couple days! You're correct, sole source doesn't mean quick, just quicker... depends a lot on who is on vacation and whose got the biggest pile on their desk unfortunately. Shouldn't be too long tho
So you are saying the smart money sells large blocks of shares BEFORE the good news comes out and the price goes up? BRILLIANT!!! I'm going to have to totally re evaluate my investing strategy
Why on earth would them SELLING equate to big news coming????
Fish I gotta disagree with you on that, I've worked in the Gov't for many years at state and federal level, it's not like private sector where you walk in and take the CEO out to lunch and 3 days later you have a contract.... I've worked in both IT and DHS and RARELY ever seen a contract go from RFP to a signed deal in less than 4 months, and usually takes significantly longer, often over a year.... That being said I know they can do better, personally I think they should have some hustlers doing the small city and municipality contracts and have others focus on LARGE gov't contracts.... And I'm hoping that is the type of thing Bob was eluding to when he talked about having the additional capital and workers
I agree Fish.... It ain't news till its announced by the company and added to the backlog. That being said, there are definitely not enough eyes on the stock, Bob is a good IT guy, but a horrible promoter, I am involved in a couple other stocks that have very charismatic, great speaking CEO's and it makes a BIG difference
EEEASY Francis...
Good sign! hope we get a contract announcement in conjunction with Q1 earnings
I agree, that probably the main focus
The company still holds the patents, with all the money that going to go into the green sector, I think we are going to see a nice jump at some point in the not so distant future
Fish, followed you over from VTSI, is this simply investors selling because of the delays, or do you think the quarter is going to be worse than expected? TIA
No prob, Ferris too squeeky to do something like that.... LOL!
Form 4 would have had to be submitted within 2 working days
I agree! And am hoping we wind up seeing good reason for what they did. Also, expecting to see good run up before the next earnings.
Yes, 3.5 times as much at the drop of a hat
Not sure if the "have" to put out a PR, definitely a filing though..... That being said, it does warrant a PR, with some more information. If not, I'm sure it will be addressed in the quarterly cc
Common theme today, I just bought back all the shares I sold Tuesday.... Feels way too much like something major going on
If we are sitting here a year from now and the funds have not been deployed in a significantly accretive way I'll agree with you. The point is you and I don't know.... If you listened to the Gomes interview Ferris said they narrowly missed out on an acquisition that would have been big time and has proven so since... maybe there is another opportunity on the horizon that warranted the issuance
If the raise was indeed done for capacity expansion, I would say it would have to be at least in the 10 mil per year range. Another interesting angle is the "sub contractor" designation. This could be REALLY big! as the contractor would likely be one of the bigger defense players, and they would probably decide pretty quickly that a buyout of virtra would make a lot more sense.... again, just speculation on my part
Thanks! Much appreciated
All I'm saying is let it shake out, you have no idea what might be going on behind the scenes, as Ferris never spills the beans
I think its a little too early to pan the decision, as some have mentioned, IF there is a large military contract coming or in place, it may require a significant expansion. and let's be honest, a 10 million share float is absolutely tiny. Also, if a large institution comes along and wants to invest, you don't generally turn that down, as that situation can be very advantageous.
The ascent will begin when ARK starts buying again..... Anyone (FDA) know where we can see how much ARK has been selling? Thanks
3.5 times the float has traded today, if anything we gonna have a nice higher base now for the further quarterly run ups