I think there maybe be some selling once 4c is released from the traders that believe it should be very close to or cashflow positive. June quarter will be a much better indication of their financial situation.
I am looking for an improvement on 4th revenue and expenses to be cut. please remember 1st is usually the quietest time and 4th quarter is busiest. Imagine where we will be in 4th quarter this year.
Why would they bother posting other positive news until the 4c is out of the way. if it hovers to lower 4’s again this week, I will happily buy more.
EN1 Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held