LPTH

[Jimbo]

LightPath Shares More Than Tripled on Supply Deal With Ball Corp. during the past 3 days

http://biz.yahoo.com/ap/060109/lightpath_mover.html?.v=1


LightPath Technologies, Inc. engages in the design, development, manufacture, and distribution of optical components and assemblies in the United States and internationally. It offers precision molded glass aspheric optics, isolators, fiber-optic collimators, GRADIUM glass lenses, and other optical materials used to produce products that manipulate light. The company's products are used in various applications, including defense products, medical devices, barcode scanners, optical data storage, hybrid fiber coax, machine vision, and sensors. It offers its products to test and measurement, medical devices, military, industrial, communications, and optoelectronics markets. The company sells its products through its sales force and distributors

LPTH opened $1.70 on January 3, 2006  and so far reached $ 7.87 (HOD).
That is  463% in one week 

It bounced nicely yesterday from 38.2% Fibonacci retracement making new high -    $7.87 on heavy volume  





Definitely worth watching..........

[stocks2watch2]

I daytraded it and made a little. Now I would be very careful. This has a tiny 3 mil float. They didn't give a dollar amount on the contract. Definately worth watching for a future trade.Heres what smartmoney had to say,

A VAGUELY PROMISING press release and a tiny share float sent a small optics company's stock soaring.
Shares of LightPath Technologies (LPTH: 7.00, +1.94, +38.3%) rocketed 156% to a 21-month high of $6.40 Monday after the company signed a three-year agreement with defense contractor Ball Aerospace & Technologies. According to the press release, the deal gives Ball "the assurance of supply for fiber delivery systems used in laser delivery applications." Financial terms weren't disclosed.

"Ball Aerospace requested that we would commit to supplying the necessary components, should they win the contracts they are currently bidding on," says Rob Burrows, LightPath Technologies' chief financial officer. "At the moment, Ball has been awarded one work contract with the government. It asked that we continue to work with them in the future. This is the start of a long-term relationship, and Ball foresees it lasting at least three years."

Orlando, Fla.,-based LightPath has traditionally made lenses and other optical components for things like lasers, inspection equipment and medical scopes. Recently the company has developed fiber-optic products designed for use in the communications field. Examples include collimators, which improve signal strength and efficiency, and isolators, filters that reduce signal noise.

[dennis67]

wow    are you guys in. maybe their was a news leek on the amont of the contract.it does look risky. look like they were over 500 dollars in 1999. thanks for posting  very interesting

[Jimbo]

maybe their was a news leek on the amount of the contract.it does look risky.

You are right dennis - it's too risky. I couldn't find any info on the amount of the contract, although someone might know   .


By pulling a weekly chart I see strong resistance @ $7.50 and would like to see closing above that level before taking a position  .






So far is good for day trading though.

[dennis67]

this has  been all over the place today 6.16  7.43  now at 6. 30.  i  tried to short it there was no shares avalible..  maybe it will  over sell and give another  chance to buy in.

[stocks2watch2]

I bought a little @ 5.82.

LightPath Closes Deal for Equipment Financing
Thursday January 12, 4:41 pm ET 
LightPath Technologies Signs Loan Agreement to Purchase Equipment for New Product Development and Process Improvement Efforts


ORLANDO, Fla., Jan. 12 /PRNewswire-FirstCall/ -- LightPath Technologies, Inc. (Nasdaq: LPTH - News) recently signed a four-year loan agreement with Regenmacher Holdings, Ltd. The secured loan facility, which carries an interest rate of 1% over the prime rate, provides financing of up to $500,000 for the purchase of equipment. LightPath Technologies intends to utilize the funds for the purchase of equipment in support of its new product development, metrology and product cost reduction efforts.
"LightPath is pleased to have obtained this loan facility from Regenmacher Holdings. In addition to the benefit of the reasonable financing terms, the loan facility will allow us to better match our investments with the timing of the anticipated returns," said Ken Brizel, CEO and President of LightPath. "The equipment will support our development efforts in the Blu-ray and recently announced LWIR product areas as well as aiding our activities in production cost improvements."

[stocks2watch2]

this has  been all over the place today 6.16  7.43  now at 6. 30.  i  tried to short it there was no shares avalible..  maybe it will  over sell and give another  chance to buy in.

Yeah this tiny 3 mill. float moves fast. Added a few more @ 5.70. Buying in small lots.

[bjc]

I've got the 50% fib retracement drawn at about 4.75.       61.8% - about 4.

I might look to buy some tomorrow in anticipation of the bounce.  This one has proven to be an extremely fast mover...

[stocks2watch2]

I've got the 50% fib retracement drawn at about 4.75.       61.8% - about 4.

I might look to buy some tomorrow in anticipation of the bounce.  This one has proven to be an extremely fast mover...

Up  12%
Bid- 5.75
Ask-5.80

[stocks2watch2]

LPTH.........Is on Fire

Symbol: LPTH

LightPath Announces First Production From Its New Shanghai, China Facility

http://biz.yahoo.com/prnews/060207/fltu023.html?.v=31

[stocks2watch2]

Just like the good ole days of the mid to late 90's
LPTH.....UP 60%
Sold 1/4 @ 6.48

[boatguy]

Wow, nice daytrade here, in at 5.54, out at 6.55.

[boatguy]

If it can get 6.40 resistance it may run again!

[stocks2watch2]

If it can get 6.40 resistance it may run again!

Broke thru the hod, now we might see a run over 7.00 this aft.

[boatguy]

I'm out- to scary for me

Good luck, hope you see 7$$$