Announced relationship with Motorola
I would like to add that it is being pumped by Lebed. I keep getting e-mails every hour or so and i keep deleting them just as quickly. However despite all that it seems to be a promising
stock. I would be grateful for any comments by the more experieced members.
I am holding this one. Technicals are great but if you are not comfortable holding then I will suggest you can consider getting out. For me the longest holding period is usually less then a week or may be even a day. I anticipate some more action tomorrow.
AANI has some pretty strong insiders buying near under 1$. Its contract with buy guy like Motrola shows that its better than atleast 99% no-biz all-show pennies.
Up more than 16% with normal volume (a little bit disappoint). Also it seems bounce off 20sma
Could anyone give a overview of thsi http://biz.yahoo.com/e/060413/aani.ob8-k.html
Profile:
Amedia Networks, Inc., a development stage company, engages in the design, development, and marketing of technology-based broadband access solutions for voice, video, and data services. It provides Ethernet-based solutions that are deployed with optical fibers or copper wires to offer voice, video, and data broadband services. The company's products include QOSTREAM PG1000, a premises gateway product that performs data, telephony, gaming, video, and local Ethernet switching functions; QOSTREAM PG1000H, a premises gateway product designed for outside deployment; and QOSTREAM AS5000, which is a distributed Ethernet aggregation switch designed to route data to and from the premises gateways. It also provides QoStream Director, which is a graphical and point-and-click network management system that provides capability for remotely managing and operating the QoStream product line from a remote network operations center; HG-V100, a home gateway designed to interface with a VDSL2 IPDSLAM; HG-V100 (Outdoor) that enables a carrier to mount the unit on the exterior of a building; HG-G1000, which provides the integrated functionality of an in-home broadband home router and an outdoor optical network terminal; and Broadband Entertainment Center platform that is designed to replace the computer as the media hub and central point of networking within the connected home. The company markets its products to telecommunications carriers, communication equipment companies, cable and video providers, governments, public utilities, and municipalities. It has a strategic alliance agreement with Motorola Wireline Networks, Inc. for the development of Internet protocol home gateways. The company was founded in 1994 as TTR Technologies, Inc. and changed its name to Amedia Networks, Inc. in 2004. Amedia Networks is headquartered in Eatontown, New Jersey.
Day's Range: 0.42 - 0.47
52wk Range: 0.23 - 1.10
Volume: 2,394,433
Avg Vol (3m): 100,063
Market Cap: 13.53M
P/E (ttm): N/A
EPS (ttm): -0.74
PR that made it take off today:
Amedia Networks Issues First Half 2007 Operational Update (http://biz.yahoo.com/prnews/070730/nym085.html?.v=79)\
Huge volume: x24 average...
Keep your eyes opened :D
"AANI.OB" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders. ;D
All history on a stock pick in 1 thread is awesome. ;)
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock. ;)
Thank You....and good luck with all your trades....make some $$$ ;) ;D