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Fab said:
Sounds good in theory but it has not worked in the last four months.
SEN - Senetas Corporation
- Thread starter Lachlan6
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Sounds good in theory but it has not worked in the last four months.
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Has any one got any news on sen at the moment or an idea as to why the share price is continuing its capitulation??
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Analyst,
It is all a bit of strange debacle. The only two reasons that I have pinpointed for a decline ( to be polite) in the share price are the following:
- A director who I think used to be the CEO ( I think) sold shares.
- The company realeased a statement about "lumpy sales" in the first quarter.
However there have been a series of positive annoucements that should have more than offset these including:
- A new ceo who bought shares and has options at 60, 80, 1.2
- A statement saying that forecast earnings were on track.
I think the turning point will be when the next results are released. Does anyone know when this is?
It is all a bit of strange debacle. The only two reasons that I have pinpointed for a decline ( to be polite) in the share price are the following:
- A director who I think used to be the CEO ( I think) sold shares.
- The company realeased a statement about "lumpy sales" in the first quarter.
However there have been a series of positive annoucements that should have more than offset these including:
- A new ceo who bought shares and has options at 60, 80, 1.2
- A statement saying that forecast earnings were on track.
I think the turning point will be when the next results are released. Does anyone know when this is?
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Shoot! I was stopped out 40% of my SEN holdings today. I feel very bad to become an investor from a trader for this one. The effects of good announcement didn't hold for even 2 days long early this month. Just dun understand why people dumped its share like crazy.
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The positive effect of announcements have not lasted long recently on this stock. Hope I am proved wrong this time.
sounds like you guys are all passimistic... hmmm but don't you think this ann. is enough to regain investor's confidence to the 55~60c range where it was a couple of months ago?I think the drop from 80c to 55~60 area can be some kinda price adjustment but 55~60c to 40c has no explanation.
Wish it can go up and stay at 55~60 area until the furthur ann.
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I observed the sp uprising today, but it is just movement with no ground but setiment of good feeling. I won't consider any more contribution unless a real good news comes up. Hope the new CEO can bring some new business to the company soon.
Just wondering if SEN's products and technologies have anything to do with the federal government's $1bill smart card plan. I don't know much about the company's product except that it makes some network encrytion stuff.. so just curiuos if SEN's product can play a role in the upcoming project.- Joined
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Profitseeker said:
Seems to have been the case again.
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It looks like throwing money into a swamp, Very few wants to back it up.
