I guess I should have been a little more specific. People have been saying, and me included, they want to see a contract for xxx amount of dollars. Chances are quite high we won't see that. We will eventually see an amount when the quarterly report comes out, but until then "mom's the word". As you said in your reply to wso2: "People caught up in the hype that was swirling on the message boards at the time assumed they were large orders. The fact that no revenues were disclosed should have been a clue that maybe, just maybe they weren't."
That's why I said they better spell out the contract pretty clear, or people may just assume it's PPAP, or a small contract for 300 lug nuts. It's not a matter of pointing fingers either. I have read other boards and other people bought into this stock when the GM and F contracts were announced. They saw the p.r. and bought into that, not a message board. I personally owned this stock prior to the GM p.r. Maybe the company didn't disclose more info in these p.r.s because they needed to sell more stock. That would seem pretty logical with their track record.
In a nutshell I'm saying they better spell out the contracts pretty much to the letter if they aren't going to divulge revenues, or it could be taken as the past contracts....small and insignificant. If they don't give some fine details, the pps could hang around at these levels for quite some time, like, say, until Marc gives guidance, or the May quarter ends.
All my opinion,
Shane |
