Interesting link. Though I'm only papertrading this stock these days, I have a feeling that Xybr is at a near-term bottom. It'll be interesting to see which way this thing goes over the next few weeks. I still see the average going lower over the next 6-12 months.
Xyber does seem to be in a cash pinch right now, but I see them pulling out of it with a reverse split to significantly reel-in the number of outstanding shares. I've got no experience in this area, but it seems logical. It probably won't happen for half a year, or more likely a year, but pulling a 10:1 reverse split will boost the stock price toward $10.00 and give the new offering some fresh value.
This will allow them to properly tool up when it comes time to release a 'sufficient' wearable which will sell satisfactorily to industrial customers. If this imaginary scenario plays out, I expect I will be back on board when the new stock is released to the public. Plenty of technology should be available to build a good wearable a year from now. Again, this is only an inexperienced guess of mine, but I got the idea from a recent Raging Bull post.
I've heard rumors of a pending MA-V. I wonder if this will be an upgraded Pentium machine or the Samsung Alpha-chip machine. Microsoft has apparently just dropped support for all Alpha-chip platforms, so, based on 'the luck of the Newmans', I'd have to suspect the MA-V is the fabled Samsung machine. It'll be interesting to see how this thing plays out, too.
Shoe. |
