Polar Power Inc (POLA)

[southacresdave]

I watched it late today. The market maker was playing games. The bid went from $5.15 to $5.00 and up/down around that area without a single share trading on the bid. The ask was $5.05 at one time. 4 trades of 100 shares later and it hit $5.30, then the ask was back down again.

Imo, there isn't anyone necessarily buying or selling right now. The market makers are bouncing things around among themselves trying to generate some action.

What they need is news.

If you listen to the cc call, the only one who isn't really ready to answer questions is the CFO. He obviously isn't used to it and was a bit nervous. Imo, that makes him the most honest one of the group. When that caller pushes him on the comment of "4th Q of 2017 being better than 4th Q of 2016" near the end of the call(which was 100% wrong as the CFO compared 2018 to 2017 earlier), the CFO was obviously not ready for a question like that. His response of saying (approximately) 'we can't really say it, but the way things were starting to line up with orders made it most likely' is very interesting. Both the CEO and COO were very bullish but vague. I thought the CFO put it into perspective the best because he wasn't prepared to discuss it at all and was caught off guard. People have a tendency to blurt out the truth more when they are flustered and not reading from a script.

If this is so, then the two analysts who have them doing $4.5M and -1 cent/share are way off and the market will like the earnings beat for sure. If that happens then the stock goes back to near it's IPO price of $7.50 imo. The reason being is because it's obvious the U.S. Tier 1 companies + U.S. cell tower companies (REIT's) will bring a solid level of business to the company. Sure Verizon isn't ordering like they did in 2016, but if you can have 4 U.S. Tier 1 companies + other U.S. tower owners and carriers providing $8M in revenue/qtr in 2018 that's even better than before. That sets them up well. If they can actually close on international orders in 2018 such that it is greater than U.S. sells, then I think the stock goes into the double digit range then.