3.03.2013

RNIN - opinion, long bias

RNIN - few things have occurred to draw my attention to this stock. I'll take you on the journey to arrive you at my opinion.

  1. Stock Options Exercised (2/15/13)
    1. over 100k+ of stock options were exercised at 1.8 on 2/15/13 before the Samsung announcement. 





  1. Earnings Report (2/26/13)
    1. Earnings Miss

      Reports revenue in the fourth quarter of 2012 increased 5% to $1.6 million from $1.5 million in the same year-ago period. Analysts had anticipated $2.13 million for Q4.  Non-GAAP operating loss in the fourth quarter of 2012 totaled $1.0 million, or $0.21 per basic and diluted share, an improvement from a non-GAAP operating loss of $1.5 million or, $0.37 per basic and diluted share, in Q4 2011.
  2. Samsung Deal (2/28/13)
    1. RNIN has aligned with Samsung Electronics America, the number one worldwide provider of commercial LCD displays, to offer a breakthrough in digital signage solutions for retail, QSRs or any business looking to transform how they engage their customers and increase sales without the cost, complication and limitations of traditional digital signage.

How I plan to play this:
  • Accumulate <$3 area for swing long, if any validity to this news this could get a perk back toward 4.2 area and then we sell partial and keep rest for cont swing.