Considering The run up in IDN ... Then Market correction. IDN Looks to be holding it's own for now...
It would be great to see the price drift to the $2.00 range . IMHO
Sentiment: Strong Buy
Its become an opportunistic trade.... anyone who bought at $0.80 had a ton of liquidity to sell into @ $1.50..... always align your thinking to the current reality... that's more than a home run
I'm gonna wager my left nut that the cycle that I just mentioned will happen again within the next 6 months.... but this will never soar... that's why my theme here has been take advantage of the opportunities that the POS that are making a market in this are providing
I wouldn't make that bet with more than say 2 K shares though
Encore? As I recall, this stock consistently rises dramatically before earnings and falls to new records over the next quarter.
Two companies that have had a interest , 3m and tasr thy have had tallks with one but at a much higher price it would have to be over $5.00 and it will sell for over that during the next 12 months
Real time ID applications are going to be the next big hit. You can bet that there is more than one large company that is keeping a close eye on IDN. This companies products could make IDN a big time take out target at a much higher share price.
Sentiment: Strong Buy
All valid points, but I think that this management team understands the need to migrate quickly to a SaaS model which will provide them with a more predictable revenue stream and also be more profitable. I was encouraged by the conference call. Managements responses were more forthright than in the past and someone even talked about the desire to provide earnings guidance as their new model becomes a bigger part of their sales and earnings. I have been negative on the stock in the past year, but am now neutral to slightly bullish for the coming year.
But you need to really look at the %s....
An approximate revenue increase of darn near 100% is very impressive on the surface... however its an increase off a miniscule amount so while doubling $1 mil in rev to $2 mil on a % basis sounds great they.... still lost darn near $1 mil also... in fact they basically lost $1 mil last yr when their revs were $1 mil and they lost $1 mil when the revs are $2 mil.... meaning margins were HAMMERED in order to generate those sales
Back in the day when IDN did $12mil/yr in rev... they flirted with being break even... However IF they increase revenue by 50%/Q moving forward (where their revs would be $12m/yr) and we apply the same margins as they earned this past Q they will still lose a significant amount of money relative to their revenue
All things being equal a quick look at the income statement says that they would need to grow revenue by 100% again (assuming the same margins) to be at break even
Which circles back to the question of will that kind of growth hammer margins yet again...
I'll say it again... I would take advantage of strength in the share price
I see that they did not ler the guy from the last call fromJBC ask any questions, he tells it like it is and has said they should sell but i thought it was the best call they had made, that other BS what ever his nake was "The founder" was the wors and never told the truth
Net losses increased from $1,101,067 to $1,213,973 in the second quarter. Net losses for the first six months increased by more than $500,000.
It was interesting listening to the warm and positive questions on the conference call. Based on my experience in corporate finance, many analysts can be expected to be warm and friendly since their firms often solicit business from the companies they cover.
Hopefully, a turn around is coming just in time. But be careful.
It is interesting that on the conference call, they said they will file this afternoon. Maybe a response to this posting? Having worked in corporate finance, I can tell you that the Yahoo board is usually closely monitored.
I have never seen this in an earnings release before.
"The financial results reported today do not take into account any adjustments that may be required in connection with the completion of the Company’s review process and should be considered preliminary until Intellicheck Mobilisa files its Form 10-Q for the fiscal quarter ended June 30, 2015."
A company with products that have better focus on the markets they are targeting. They are starting to get some traction here and all they need is a couple more of these deals to get the ball rolling.
I believe IDN is going higher, much higher, when the market recognizes what their products can do.
Sentiment: Strong Buy
If the stock were moving up on significantly higher volume, I would be as optimistic as you. For now, I would advice investors to stay away from the stock until the company reports a significant turnaround in sales and earnings. For this past quarter, I expect more of the same. Flat or declining sales, continued earnings losses and an optimistic outlook during the conference call. Until management becomes more transparent with respect to where sales are coming from, guidance for the current quarter and greater respect for its shareholders, I will remain in a "show me" state of mind. If the company is undergoing a real turnaround, you can buy the stock at $1.50 and still make plenty of money.
Provide a Thoughts 1st statement and thoughts to back it up...
Example: Going higher...Charts Strong start of the month, New Product branding, Reorganized an ancient website..