So far Q2 is front loaded with the following orders:
4 C1000s (7/3, 7/9, 7/11)
6 C200s (7/9, 7/11
1 C800 (7/11)
5 C65s (8/3)
With no new order announcements since the Thailand order on August 8, the PPS is struggling to remain above a buck on a day that appears on track to be in-line with the 90 day average volume.
Things seem unusually quite following the Q1 CC, speaking of which, many felt was far less enthusiastic than previous quarterly conference calls.
The Annual Share Holder's meeting is being held this Thursday, the 30th of August. With potential new shares being offered, if approved, "just in case they are needed," a heavier burden will weigh upon the existing shareholders shoulders.
We new orders on the books as that much ballyhooed back-log won't last forever, neither will "cash on the books."
JMHO
