Good stuff! Welcome MacBookProHo! Back in May- Sonim surges on purchase orders from top U.S. carrier customer May 05, 2022 8:13 AM ET Sonim Technologies, Inc. (SONM) Sonim Technologies (NASDAQ:SONM) rallies 27.2% higher premarket after it announced purchase orders worth $9.5M from a top U.S. carrier customer. The purchase orders cover initial stocking inventory for two of the company's next-generation ultra-rugged phones to be introduced in 2022 – the XP5 Plus feature phone with enhanced PTT capabilities and Sonim's next-generation XP10 5G rugged smartphone. The XP5 Plus is expected to be available this summer, and Sonim's new XP10 rugged 5G smartphone device is expected to begin shipments in the fall.
Then came June- Sonim skyrockets after receiving additional $6.4M in initial stocking orders Jun. 14, 2022 8:38 AM ET Sonim Technologies, Inc. (SONM) Sonim Technologies (NASDAQ:SONM) rallies 57.3% higher premarket after it announced multiple additional purchase orders worth 6.4 M for stocking inventory of Sonim's upcoming XP5plus feature phone with enhanced PTT capabilities and Sonim's next-generation XP10 5G rugged smartphone. The orders are from a top U.S. carrier customer and two Canadian carriers, adding to earlier announced initial stocking orders for $9.5M on these devices from a top U.S. carrier. The XP5plus is expected to be available later this summer; shipments of the new XP10 rugged 5G smartphone device are expected to begin in the fall of 2022.
lol- I had a moment when I was into " rugged " tech- Don't ask. I was buying very bulky and army-like tech companies I cannot bring any of them to mind at the moment. One made these laptops that could survive a mine blast even if it's operator did not. There was this little phone company that made Android phones that were extreemly rugged and marketed them to firemen and such... And as you can see the company has now in the past three months has " surged " & " skyrocketed " and is still a .60 cent stock..... Today-->Sonim director buys $11.7M in common stock 06:26 SONM YOUR GUMMY OF THE DAY SONM (SONM) NasdaqCM - NasdaqCM Real Time Price. 0.5900-0.0495(-7.74%) At close: July 14 04:00PM EDT 0.6688+0.08(+13.36%)<-------------------- Pre-Market:07:56AM EDT
1- WHAT IS THE IDEA-? Rugged Android Phones 2- WHY BUY NOW-? Two large purchase orders and insider buying 3- WHAT IS THE EARN ASSUMPTION-? rev has been declining since 2019 terrible company 4- HOW IS THE TA PICTURE-? Horrible 5- IS THERE INSIDER BUYING OR SELLING-? YES! 6- IS THE STOCK HEAVILY OWNED MY INSIDERS-? 7- IS THEIR MOMENTUM-?No- Since its IPO in May 2019, SONM’s stock price has fallen 92.85 8- CASH IN HAND-?No 9- LOW DEBT-? Measure Amount Market Capitalization $16,930,000 Enterprise Value $15,810,000 Price/Sales 0.13 Enterprise Value/Sales 0.14 Enterprise Value/EBITDA -0.81 Free Cash Flow [TTM] -$19,390,000 Revenue Growth Rate -14.31% Earnings Per Share -$1.39 Relatively new CEO-->CEO in Tom Wilkinson, the new CEO didn’t speak directly about specific customers, reading between the conference call lines, existing customer T-Mobile/Sprint announced they were going to increase their exposure to the public safety market. Wilkinson said of the firm’s phones, ‘it’s truly the strongest offering in this space for public safety. So it would be natural for anybody who is taking public safety seriously to be focused on our phones.’
OMG. Stoney, quit reading Seeking Alpha's home page. Yes he bought the shares >>>> from himself basically. The children don't need gummies that are DELISTED PINK SHEETS DO SOME DD STONEY. Explanation of Responses: 1. Represents shares purchased and held by AJP Holding Company, LLC in the first closing pursuant to the subscription agreement dated April 13, 2022 by and between the AJP Holding Company, LLC and Sonim Technologies, Inc. 2. The reporting person is the sole manager of AJP Holding Company, LLC and disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. https://archive.fast-edgar.com/20220714/AD2YP22CZC2RW2SZ2U2S2WY2NW4QZZ22Z242/
Eve Holding initiated with a Buy at Jefferies 07:35 EVEX Jefferies analyst Sheila… In a regulatory filing, Eve Holding disclosed that Emraer Aircraft has 90% stake 05/19 EVEX, ERJ Shares of Eve Holding (EVEX) are up 19.2% afterhours following a 13D filing by Emraer Aircraft (ERJ) that it has accumulated a 90.2% stake in the company, which represents 238.5M shares. The filing does not allow for activism. Diversity Check-
Van- SONM-- 0.5900-0.0495(-7.74%) At close: July 14 04:00PM EDT 0.6399+0.0499(+8.4576%)<-------- All Day! Pre-Market:8:14AM EDT