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Technology Stocks : Sequans, the investors board
SQNS 6.295+7.1%Nov 7 9:30 AM EST
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JCnieuwenj
From: frmrVZguy2/8/2018 5:44:27 PM
1 Recommendation   of 290
 
Market Correction: Chinese New Year, plus Overseas Repatriation of Cash driving Banks to re-capitalize to maintain Regulatory Margins and also to review Credits and Loans. Expect A LOT of reduced credit, credit ratings and even calls on loans starting with risky traders using LOCs.
1) holiday cash
2) covering credit-based bets
There is a market sell-off every Chinese New Year run-up.
Now that so many renminbi are invested into Western equities those sell-offs for holiday spending cash combined with covering bets, as LOCs are reduced, is bigger than normal this year. The correction is expected but the percent is greater than expected due to Political and Tax changes. Just one example is the bet in FOREX derivatives at Softbank.

But regarding SQNS drop in SP, there's nothing of significance in the wind giving expectations of increased total sales revenue in any near-term quarter. In fact, the outlook is for increased competition. And if this quarter brings report of more sales losses and delays like the Next Computing loss and VZW hotspot delay...

The need for a strong partner has never been greater.
The need for a strong CEO has never been greater.

Good Luck to the Board.
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