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Date | For | Estimate | Reported | Surprise | surprise % |
---|---|---|---|---|---|
2024-06-18 | 2024-04 | 0.08 | 0.2 | 0.12 | 150.00% |
2024-03-18 | 2024-01 | 0.28 | -0.15 | -0.43 | -153.57% |
2023-12-07 | 2023-10 | 0.26 | 0.24 | -0.02 | -7.69% |
2023-10-12 | 2023-07 | 0.18 | 0.29 | 0.11 | 61.11% |
2023-06-08 | 2023-04 | 0.16 | -0.33 | -0.49 | -306.25% |
2023-03-09 | 2023-01 | 0 | -0.23 | N/A | N/A |
Date | Firm | Action | From | To |
---|---|---|---|---|
2023-06-26 | Citigroup | Upgrade | Neutral | Neutral |
2023-06-08 | Citigroup | Upgrade | Neutral | |
2022-12-11 | Citigroup | Upgrade | Neutral | |
2022-06-14 | Jefferies | Downgrade | Buy | Hold |
2022-06-12 | Noble Capital Markets | Upgrade | Market Perform | Outperform |
2022-06-09 | Citigroup | Upgrade | Neutral |
Date | Name | Relation | Quantity | Description |
---|---|---|---|---|
2023-10-03 | BONDI MICHAEL A. | Chief Financial Officer | 72.82K | Conversion of Exercise of derivative security |
2023-06-25 | CARPENTER WENDI B | Director | 4.51K | Purchase |
2024-03-27 | HEDDEN MARIA | Chief Operating Officer | 12.02K | Conversion of Exercise of derivative security |
2022-09-28 | KORNBERG FREDERICK | Director | 556.20K | Stock Award(Grant) |
2023-08-10 | LESAVOY LISA | Director | 43.10K | Stock Award(Grant) |
2023-09-11 | PETERMAN KEN ALLEN | Chief Executive Officer | 57.64K | Conversion of Exercise of derivative security |
Report Date | Organization | Position | Value | Percentage |
---|---|---|---|---|
2023-06-29 | Blackrock Inc. | 1.82M | 16.62M | 6.46% |
2023-06-29 | Dimensional Fund Advisors LP | 1.52M | 13.85M | 5.39% |
2023-06-29 | Archon Capital Management LLC | 1.49M | 13.60M | 5.29% |
2023-06-29 | Vanguard Group Inc | 1.38M | 12.57M | 4.89% |
2023-06-29 | Freshford Capital Management, LLC | 1.29M | 11.75M | 4.57% |
2023-06-29 | Royce & Associates LP | 1.02M | 9.30M | 3.62% |
Report Date | Organization | Position | Value | Percentage |
---|---|---|---|---|
2023-06-29 | Vanguard Total Stock Market Index Fund | 846.57K | 7.74M | 3.01% |
2023-08-30 | iShares Russell 2000 ETF | 615.43K | 6.19M | 2.19% |
2023-06-29 | Royce Opportunity Fund | 511.52K | 4.68M | 1.82% |
2023-06-29 | Vanguard Extended Market Index Fund | 364.16K | 3.33M | 1.29% |
2023-07-30 | DFA U.S. Small Cap Value Series | 316.06K | 3.21M | 1.12% |
2023-07-30 | First Eagle Small Opportunity Fund | 293.27K | 2.98M | 1.04% |
Dividend | Date |
---|---|
0.1 | 2023-01-17 |
0.1 | 2022-10-18 |
0.1 | 2022-07-19 |
0.1 | 2022-04-19 |
0.1 | 2022-01-18 |
0.1 | 2021-10-12 |
Split | Date |
---|---|
1.5 : 1 | 2005-04-05 |
1.5 : 1 | 2003-07-15 |
1.5 : 1 | 1999-08-02 |
1 : 5 | 1991-01-09 |
1 : 5 | 1991-01-08 |
2 : 1 | 1980-04-16 |
Someone bought 2,875,150 shares at ask $3.03 at close, followed by decent size buys of 269,401; 21,364; 29,231; and 134,784 all at 3.03. Someone really loaded up! Any some more trades keep on coming in after close. None at the bid!!!
I think this Russell 3000 recon is creating havoc and well not see any major upside until recon day passes.
I placed GTC orders for my 25K shares for $20 to help make available shares harder to borrow as my shares are unavailable this way.
I don’t understand how Jefferies doesn’t lose credibility on the newswire announcing an ‘upgrade’ to CMTL with a price target of $3.50 which is basically ‘doable’ within a trading day.
I also read a lot on companies being moved out of Russell’s 3000 list, each year this rebalancing takes effect. Analysts recommend caution during this last week of reconstitution as although it may point out to funds based on Russell will sell on ‘recon’ day, some don’t wait until the last minute to sell their positions. For what we know, they may have already disposed of their position. We’ll see. As for my investment here, I will not even consider selling a portion of my position until this starts hitting double digits. The refinancing deal includes ‘convertibles’ priced in at $8.00, if they convert at $8.00 there is no money realization, it would be a wash. If they priced at $8.00 it means they see great potential to get up up into double digit territory, at which point then it would be worth to take advantage of the conversion.
Once again during this Noble presentation, Bond just cited again the $540M Army contract is live again!!!
Mr Gekko, what do you say now?
Remember the pending news about the Army contract being reconfirmed to Comtech again. This should make it out imminently. It was part of their conference call (company received news last Thursday the work order was turned on again for Comtech). $540M that will be finally added to their current backlog.
Here is the question from Noble’s analyst in reference to the $540M contract protest status:
I will look for a copy of the transcript to validate my previous post below.
Thank you star trader for the kudos. We are not done yet, during the call the analyst from Noble asked for status on the big Army Contract Protest (for newbies here, CMTL won a $540M from the Army but the incumbent filed a protest). The answer was that just this past Thursday they got notification the work order was put active again (hold removed). So they have not issued a press release on this yet. When news of the protest hit the street, shares tumbled. It is very logical to believe when they announce this officially, the price will go up again. I am here until it hits double digits. My skin in the game 25K shares. So although I am very happy for the gain so far, not quite there yet.
And this was not part of their backlog number yet due to the protest. It should take this past $5 per share when these news are released.
A news release has to come out imminently as their $540M Army contract was just re-instated.
During the conference call, unless I heard incorrectly, they also stated their $540M Army contract is a go again!!!
Time for a short squeeze
Currently in the call, but this is huge, The guy from Noble asked about the status of the contract under protest from the army, the response was that as of last Thursday the company received news their work order was turned on again!!!!
@Fallin Joe, the SEC’s extension is for five calendar days after the report was due. In this case, report was due 6/15, they have until 6/20 to report, otherwise they would be in violation of SEC rules and would risk losing registrations like S3 type registration, curtailing their ability to raise money via additional shares. They would also be in violation of Nasdaq rules which would trigger a letter from Nasdaq letting them know they are in violation of terms.
My personal take is this has to do with the refinancing. No refinancing deal, means another quarter of their auditors issuing a ‘going concern’. I believe they must be fighting for this to happen before the 20th. Again my personal opinion.
In my personal opinion, if they had to ask for the 5 day extension, it could be due to two pressing issues in the verge of being approved or both:
A. Auditors needed more data/information in order to remove their ‘going concern’ opinion and
B. The company is about to sign or just signed a term sheet to refinance and getting this is needed for the going concern to be removed from the auditors letter.
So, being very invested (to my individual level) I can only hope the filing delay is to be able to have a 1-2 punch filing which would be to remove the going concern statement from the auditors and announcing refinancing. Maybe even a third punch in there if quarterly revenues are over $140M. All again my personal opinion.
So this means if the due date was 6/15, add 5 calendar days it becomes 6/20.