"Not crazy about buying at this point in the chart..."
VDSI is a bit extended, isn't it? The base isn't even a week old yet! So yes, you might be crazy...and you may not. Keeping your stops close will help you sleep a bit better. But, notice this...
On a weekly chart, there is the potential for a "three week tight" pattern. Notice that?
VDSI may have a very tight trading range for the next 13 trading days, more or less. If the stock fluctuates from 7-10% at current levels, I'd hold on to my hat. This is usually a pattern that does not disappoint...
US banks will follow. I'm sure. But not overnight. Unfortunately, the decision process and roll-out take time. On average basis there is a time laps of about 9 months between order and roll out. For hardware tokens of course. Patience...
Hello Board, just opened my first position on VDSI. Hopefully not late to the party. Not crazy about buying at this point in the chart but given the way data breaches are becoming too common these days the US banks need to get tougher with security. The days of depending on a static password are over. My overseas accounts require much stronger authentication, using devices like digipass for payments. When US banks start to require customers to use an authentication device like digipass could be a serious boom for vdsi. Just think banks would need to order a couple hundred million devices for customers to use in their home banking.
appears to be unfolding like this again today. not sure how long this pattern will persist but selling early and buying back later has been working out quite well
How are you doing? Long time since your last post. I know, we could have and should have sold when stock went from mid $20 to about $40, but now at least - 10 years later - stock seems to be on a solid rebound. Never fall in love with a stock, so I'm thinking about getting out. Just a matter of good timing. I think there's still some upside potential but I'm definitely going to decide before announcement of next Q results. Perhaps I will keep a small stake just to play with and stay 'in touch' with the company. Take care! Greeting from Belgium
I've been here since 1999. Very LONG on Vasco. I do miss the level of content we had in the early days. Nowadays this message board hardly provides new info or insight in the company...
I observed that too, I think that the stock is sold off so they can, pick up stock at a discount, and then re-sell them later in the day for a large mark-up.
It seems the last 5 days or so VDSI gets crushed on the opening and then right back up throughout the day to finish in the green. I'm just curious as to why the VDSI gets crushed in the morning and then VDSI turns and starts being accumulated throughout the day to finish green. I know the stock has had a great run, but its just an interesting pattern developing. It's like someone is trying to trigger a bunch of stop losses and then just picks the shares back up. Just my FYI. I wanted to see if any other more experienced investors noticed this trend, so any input is appreciated. Thanks and GLTA!
I am an amateur chart follower, and certainly not anyone you should trust, but I think there will be a possibility for a very large move up on this stock in the next 10 days, and may be a chance to take some profits on this so far wonderful investment, at least for me. (my humble guess is about a 20% move on the upside, probably followed by some selling that will take it back that similar amount, this is just my gut feeling, and I do not recommend that anyone act on it...) Let's see how my guess works out. I always have my fellow investors success in my mind, as I like to see everyone do well in these hard financial times. Long term I love this stock as a long term investment. Hope all investors in this stock do very well.
"Vasco Data Security International VDSI gapped up to a new high in heavy volume. Although the stock trades about 445,000 shares daily, the average daily dollar volume is $7.7 million, which is on the light side. Low daily dollar volume makes it tough for big funds to take positions in a stock.
Vasco’s earnings and revenue gains are stepping up. In the past three quarters, EPS increased 50%, 44% and most recently 200%. Revenue growth mostly accelerated — from 8% to 11%, 10% and 28%.
After-tax margin was 17.7% in Q2, the best in eight quarters. Return on equity, though, was 13.2% in Q2, below the 17% minimum associated with the best stocks."
i bought back in, 4k at 16.6...despite another poster saying not to until 15.27...oh well