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Message
Your opinion on WATT (Energous Corporation)
Posted on 3/13/16 at 4:35 pm
Posted on 3/13/16 at 4:35 pm
I'm just beginning to learn about stock trading. This company intrigues me and I want to hear what anyone thinks about the company in general and as an investment.
WATT
$6.75/share
$106M market cap
-2.27 EPS
$3.65 - $11.18 52 week range
In short, they are producing technology that wirelessly charges small devices (phones, watches, maybe tablets) from up to 15 feet away.
Here's all the evidence that Apple is working on wireless charging
Energous Corporation Reports 2015 Fourth-Quarter and Full-Year Results
WATT
$6.75/share
$106M market cap
-2.27 EPS
$3.65 - $11.18 52 week range
In short, they are producing technology that wirelessly charges small devices (phones, watches, maybe tablets) from up to 15 feet away.
quote:
While Energous isn't the only startup trying to crack wireless power, it may be the only company that can deliver a working product for production in the next two years.
Essentially, WattUp sends focused signals on the same frequency as Wi-Fi. A chip connected to a small device captures those signals and converts them into power. It's safe, which is important as it and its partner companies attempt to secure FCC approval.
The company uBeam, for example, is often considered a close competitor, but its ultrasound technology is firmly in the prototyping stage, as physicists and experts question whether its wireless charging is even physically possible.
Another potential competitor, Witricity, uses technology that is an enhancement of the current magnetic-field-based approach used in phones like Samsung’s Galaxy S7, and counts Intel as an investor. However, its approach seems like a much better fit for electric cars or laptops, and not phones. Plus, its range tops out at only a few feet.
Energous has been giving full demos of its technology for the past two years, and it appears to work just fine. CEO Stephen Rizzone said that it's already shipped development kits to partners. According to the company, its wireless-charging system is about 70% efficient already and still improving.
Here's all the evidence that Apple is working on wireless charging
quote:
For the fourth quarter ended December 31, 2015:
No revenue generated.
$8.9 million in operating expenses, comprised of $5.8 million in R&D, $2.4 million in G&A and $0.7 million in marketing.
GAAP net loss of $8.9 million, or $(0.61) per basic and diluted share.
Adjusted EBITDA (a non-GAAP measure) loss of $7.0 million.
$29.9 million in cash and cash equivalents at the end of the fourth quarter with no debt.
For the full year ended December 31, 2015:
Revenue of $2.5 million.
$30.1 million in operating expenses, comprised of $18.8 million in R&D, $8.1 million in G&A and $3.2 million in marketing.
GAAP net loss of $27.6 million, or $(2.07) per basic and diluted share.
Adjusted EBITDA (a non-GAAP measure) loss of $20.8 million.
Energous Corporation Reports 2015 Fourth-Quarter and Full-Year Results
This post was edited on 3/13/16 at 5:05 pm
5
Posted on 3/14/16 at 11:19 am to Jon Ham
Up 17% on the day.
Posted on 3/14/16 at 2:03 pm to Jon Ham
Posted on 3/14/16 at 3:02 pm to bayoubengals88
Did you buy in before the big gains today?
Posted on 3/14/16 at 9:34 pm to Jon Ham
I have been holding for a while,it has been a rough ride.
Posted on 3/14/16 at 9:37 pm to Jon Ham
No, did you?
Posted on 3/14/16 at 10:08 pm to Creamer
quote:
I have been holding for a while,it has been a rough ride.
You can probably say that about the great majority of microcap stocks, but at least there seems to be a light at the end of the tunnel.
Posted on 3/14/16 at 10:15 pm to bayoubengals88
quote:
No, did you?
I bought in at $6.15 on Friday. I had a limit order to sell at $7.00. As soon as I signed in this morning (Around 8:50), it had already sold at $7.51. High today was $8.28.
Before that, I had bought in at $5.71 on 02/04/16, and sold at $7.55 on 02/25.
I'm basically just gambling, but I do understand to buy low sell high.
Posted on 3/14/16 at 10:20 pm to Jon Ham
quote:
but I do understand to buy low sell high.
teach me your ways
Posted on 3/14/16 at 10:25 pm to FunroePete
quote:
teach me your ways
That's not how this thread was supposed to work. I came here for the lessons.
Posted on 3/14/16 at 10:33 pm to Jon Ham
It'd be nice if they'd disclose a bit more on their one and only development agreement, particularly around the milestone payments and timing. If that agreement doesn't kick in serious cash in soon, the company will tap the market with more secondary offerings (already two since ipo) that will continue to drag on share price.
Posted on 3/15/16 at 8:02 am to sneakytiger
quote:
It'd be nice if they'd disclose a bit more on their one and only development agreement, particularly around the milestone payments and timing.
Yeah, right now it's just a ton of speculation. But at least they've shown that it works and it seems like they have their shite together.
quote:
If that agreement doesn't kick in serious cash in soon, the company will tap the market with more secondary offerings (already two since ipo) that will continue to drag on share price.
As a general rule, are secondary offerings a net negative for existing stock holders?
Posted on 3/29/16 at 8:38 am to Jon Ham
Energous and Pegatron Agree to Integrate WattUp Wire-Free Charging Into Product Designs
WATT is up 15% on the day, and now sitting at $11.10.
WATT has risen 64% since I made this thread 2 weeks ago.
WATT is up 15% on the day, and now sitting at $11.10.
WATT has risen 64% since I made this thread 2 weeks ago.
Posted on 3/29/16 at 10:06 am to Jon Ham
I bought 1 share to keep track of and wish I bought more.
Posted on 3/29/16 at 1:23 pm to JamalSanders
I bought one too 
@ $8.98 sold at $11.15
@ $8.98 sold at $11.15
Posted on 3/29/16 at 1:24 pm to JamalSanders
Me too man, me too (wished I bought more and held on instead of taking profits early).
This post was edited on 3/29/16 at 1:25 pm
Posted on 3/29/16 at 2:42 pm to Jon Ham
We could see another dip below $8?
Posted on 3/30/16 at 8:48 am to bayoubengals88
quote:
We could see another dip below $8?
Anything's possible considering they have yet to turn a profit and are still awaiting FCC approval. Some people say it's just a matter of time before this company really takes off, others are highly skeptical. So who knows. I'm certainly no expert. WATT did drop 51% in a 2 week span at the beginning of this year, so it has happened before and recently.
Posted on 6/4/16 at 12:33 pm to Jon Ham
quote:
SAN JOSE, CA--(Marketwired - May 25, 2016) - Energous Corporation...today announced FCC approval of the Miniature WattUp transmitter reference design. The approval enables the immediate adoption of the WattUp technology for verticals such as wearables, Internet of Things ("IoT") and other electronic devices.
LINK
Since that announcement on May 25th, the stock rose 9.44% and closed yesterday at $11.36.
This company is fascinating. I read articles saying this stock is going to skyrocket, and others that say it will go to 0. Read this article and comments section to get a taste of what I'm talking about. I don't know what to think; it seems like both sides have merit. Definitely not buying now when it's 5.8% off its 52 week high of $12.06 and 211% off its 52 week low of $3.65.
Posted on 6/9/16 at 7:28 pm to Jon Ham
Another Seeking Alpha article; this author basically says that that WattUP Mini will take about 10 hours to recharge a small fitness device (device smaller than a phone). Also, the author states that the wireless charging would interfere with WiFi. Again, no clue if this is legit, but it's interesting discussion.
If I had the inclination to short stocks, which I don't, I think now would be as good time as any to short one. I bet WATT heads back to sub $10 over the next week or two for a ~23% ROI opportunity.
WATT's YTD chart is just sick.
If I had the inclination to short stocks, which I don't, I think now would be as good time as any to short one. I bet WATT heads back to sub $10 over the next week or two for a ~23% ROI opportunity.
WATT's YTD chart is just sick.
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