The shareprice is not a true indication.
The price was in the low 30 when the announcements came eveyone jumped on the wagon hope to make a quick but. daytrades sent the price skyrocketing.
Most of the announcement were of events to come.
They won first major GV tender and some follow on orders.
I wanting to see if they follow through.
Still waiting for news on CEO
Sypher Blades
Fibre Channel
Results on secound Tender
Traders dumped because SafeNet Said earnings will be late. They did not say they would not received them.
SafeNet has no control on US BUDGET which was passed several months late. Announcement 6 Feb 06
Follow the money announcements came price took off
announcements of delays price went down.
Go back to announcement 9 Dec
SENETAS AFFIRMS 2006 FORECAST EXPECTS MOST EARNINGS TO FALL INTO SECOUND HALF OF FINANCIAL YEAR.
The way I see it nothing really change from when the money started running up.
Just waithing to see if they come good on all the announcements
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