| | | Hello all:
I sold the last of my SQNS today. It has been an 8 plus year uphill battle with this company. My timing might not be great, but I could no longer find myself comfortable with their management and the endless excuses they come up with. Some of their excuses don't fall entirely on them, but most do. Ignoring the broadband market and losing their "cash" cow was the first of many blunders. Most of them fall squarely on GK.
The last straw came this week watching the Skyworks, Richardson webinar. Two companies that were highlighted as success stories were Pebblebee and Diatrics.
Pebblebee is now a year late in delivering my devices. Diatrics, we don't have any babies around anymore so I can't comment on them.
If Pebblebee was an example of what good looks like when it comes to using Sequans technology, then they are in bigger trouble than I imagined.
I have put my "aggressive" investment dollars to work in another company, another industry that I am a lot more familiar with. No kidding, having invested in this "new company" for 43 days, I have recouped all of my SQNS losses.
If you are curious as to what this company is, send me a private message and I will tell you who it is, and my rationale for investing in them.
Good luck to those still holding. I may be back when and if the SQNS story changes.
Thanks to all for the comments and thoughts you have made over the years.
Take care. |
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