Neonode, Inc. (NASDAQ:NEON)

CAPS Rating: 1 out of 5

Recs

1
Player Avatar tctk1044 (26.75) Submitted: 10/13/2011 8:45:29 AM : Underperform Start Price: $5.44 NEON Score: +28.93

Horrible financials. No reason to support this recent pop to $5+. They're focusing on the eReader market which I view as risky anyway, when you consider tablets and phones are equally capable and multi-functional. At least until they start to cash in on contracts that they claim exist, there is nothing to support $5+.

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