Absent any concrete good news in the 10k, we may d
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Posted On: 04/10/2017 7:35:46 AM
Absent any concrete good news in the 10k, we may drift lower, as I dont think the
bottom is in yet. Longs are as much to blame now, selling into weakness. We wont get much good from the 10k financials, as it only covers through the end of 2016. There could be help in the form of CONCRETE license or distribution deals IN HOUSE, rather than statements that are vague about how good business is. The vague statements may help some teetering longs to stay in, but dont help us to move the SP up. Again, the PR from this company has left a lot to be desired, hope it improves with the 10k. If not, its a little scary to think what may happen with no real news until Q3 shipping. JMO, still long and strong but realistic.
bottom is in yet. Longs are as much to blame now, selling into weakness. We wont get much good from the 10k financials, as it only covers through the end of 2016. There could be help in the form of CONCRETE license or distribution deals IN HOUSE, rather than statements that are vague about how good business is. The vague statements may help some teetering longs to stay in, but dont help us to move the SP up. Again, the PR from this company has left a lot to be desired, hope it improves with the 10k. If not, its a little scary to think what may happen with no real news until Q3 shipping. JMO, still long and strong but realistic.
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