17 days to the Q3 CC and looking at the volume today no one is rushing in to buy up all of those bargain shares at under 78 cents; Just too much uncertainty in my opinion. The Q3 report will pivot on how many units were shipped and paid for during the quarter. Will the oft mentioned string of improving numbers Q/Q and Y/Y continue? The back log numbers will be telling--one would hope that it was shortened in Q3 but on the other hand we don't want to be eyeballing the end of the train in the near future do we? Everything else is like vaporware (old term from the dot com bust era) except the continued royalty payments and warranty costs.
We'll listen to DJ, AJ, and Sanjay talk about lumpiness, shedding some color, poor economy, profits just around the corner; 2014 this time? Wasn't 2013 supposed to be The Year? Looking back three years ago I think DJ predicted it would be. Unless DJ is waving a huge order in his hand we are not looking at a pretty picture.
All just my opinion. Opinions are what we see posted the most anyway since press releases from Capstone have been few and far between.
