"May you have an interesting year." It's an ancient Chinese curse.
As predicted, Taser International is certainly having an interesting year. 'Interesting' in the sense of watching a train wreck in ultra-slow motion.
In the same week that police across the USA are learning that they need to lower their aims (avoiding the chest), investors (is that the correct word?) in Taser International (TASR) are also learning that they need to lower their aims too.
Taser International not only lost money (again), but they lost almost twice as much as expected.
At least this time they didn't blame "high oil prices".
By the way, did I mention that their expensive R&D labs have turned out the new XREP projectile that contains an explicit and intentional design feature (the 'Hand Trap') that inherently violates their new taser targeting guidelines that advise against applying taser shocks to the chest AND ARMS (including, ah, hands)? Did I mention that? Yes... [LINK]
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