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Technology Stocks : Sequans Communications
SQNS 7.340-3.5%Oct 31 9:30 AM EST
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To: frmrVZguy who wrote (1000)7/2/2017 3:07:56 PM
From: FJB  Read Replies (1) of 2386
 
RE:They have never been closer to bankruptcy

They were much closer to bankruptcy over a year ago, when the stock went below $1. They easily have enough cash to make it to cash flow breakeven, which should be Q1.


RE:But if I hadn't been familiar with business in China and specifically with Alcatel I would have been, and I expect most of you have been, scared and selling.

I never counted on Chinese business and was buying a shitload near a $1, although the fear level was high then.
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