According to Yahoo!Finance, Neonode (NEON) “…develops and licenses user interface and optical interactive touch solutions under zForce brand name in the United States, Sweden, Japan, China, Germany, Taiwan, South Korea, Canada, Singapore, and internationally. It develops optical touch and gesture solutions for human interaction with devices, including automotive systems, printers, medical devices, PC devices, monitors, mobile phones, tablets, and e-readers.”
This is not a stock to buy, it is a stock to learn from the errors made by management. Also worth examining are the claims of the potential of the technology that was developed but was never translated into profitability for the company.
A review of the analysts who promoted NEON all the way from the high to the low would be instructive. Of course, NEON did not trade for $32,187, instead, that price is a reflection of the reverse splits that have occurred to keep the stock trading on the exchange.