MrT11...OSS...Thanks for bringing it up on the board after earnings. I never had heard of it before. I loved what I saw to it and pounced hard. I got 1/2 of a big position in under $1.80 and the other half from $1.80 to $2.05. I will admit I got upset this week as it started moving up so quick after the last of the ATM money was raised----it forced me to chase it a bit even though I knew I was driving up the price on myself a bit. However, I couldn't believe they were giving shares away so cheap for a company that is on the leading edge of hardware---custom A.I. hardware for field applications.....oh yeah. No wonder they are closing on record # of new deals per quarter now.
They should have turned a net income profit in Q2 without the goodwill write off. I believe, if they get the Raytheon order in Sept as expected, for Q3 to easily beat analysts estimates and then Q4 will be sitting there even better. Looks like from the price closing at $2.30+ today that others finally figured it out too. I predict this puppy over $3.50 after Q3 and over IPO prices of $5 after Q4.
It won't be long before they start to announce those 5-6 new contracts per quarter in pr's. They take about 6-8 months from signing to manufacturing then are announced. As such, those 6 deals they did in Q1 should be coming soon. Even better, this may become a regular quarterly habit if they keep winning proposals--ex. 5 in Q2 that will be announcing in Q4 or Q1. Layering of revenue......I like it!
Thanks again :)
