What's the deal with Xenonics (Night Hunter Manf?)

[fracmeister]

What\'s the deal with Xenonics (Night Hunter Manf?)

OK, the Night Hunter line is sort of specialized, but they are very reliable. But the stock (XNN) is stinking up the works and Xenonics is burning through cash way faster than they are making it. I realize this isn;t an investor forum, but the stock has been straightlining from its 52 week high of over 12$ to today's 1.67. Selig Zises rarely loses money and I noticed he dumped some of his holdings. Anyway, maybe the wrong forum and there may not be one on cpf, but I am looking for any insights.

Gracias.

 

[fracmeister]

Re: What\'s the deal with Xenonics (Night Hunter Manf?)

OK, maybe no one here has much insight. But the stock is up 38% since I posted on Monday.

http://finance.yahoo.com/q/bc?s=XNN&t=5d

 

[fracmeister]

Went up to over 3.50 and back down to 1.99 now. Did well last time. I am back in. We'll see. If it goes back to 3.00 I am going to be able to afford some of their products!