From a P.R. standpoint, a 5% bump is nothing. Heck,. that is expected. A distribution or expansion or APP feature is only credible P.R. move. Again, aside from hires, mgmt is not into P.R. aside from earnings time. I do not agree but do believe that P.R. is transparent and subject to critique so it must be credible, impactual and substantial. A lack of P.R. does NOT mean the opposite is true.
Not understanding what managements play is here. Why not a press release saying Gos are selling 5% better than normal. Doesn't matter what kind of news. We need something anything from these guys. Not sure the end game! I am becoming slightly worried about everything!
Dave,FWIW here is a quote from the COO from last CC transcipt 8/11/14 from seekingalpha website:
"We expect to sell both international calling as well as an integrated voice and app to carrier texting service on our app in the second half of the year. We will also provide desktop to carrier texting."
Here is another CC quote of CEO going all the way back to 8/8/13 from seekingalpha website:
"In the second half of the year, we intend to add free texting to our mobile device app. And while other messaging apps restrict their users from messaging outside of their network, our texting feature will enable users to text across any U.S. network, the way mobile users message across networks. For international users, this will mean the ability to text their friends, family or business contacts on their existing mobile phones irrespective of whether the receiving party has an APP on their device. "
Will they finally deliver on the texting claim this year? I think so.I hope so.But I don't know so!lol
Truthfreedom I hope you're confidence in the SMS text feature can flow to other investors. Does anyone know with 100% certainty that the anticipated text feature will be SMS text and not plain vanilla peer-to-peer texting? Could that be the holdup on texting? I hope it's SMS texting, not peer-to-peer texting.
Sidepoint: I started using last week an Android app which allows me to text from my desktop. There are only a few apps available that do this. So far it's awesome. And on the Google Play store it says it has 5-10 million downloads. But with MJ SMS texting, there is a huge potential here just waiting to be tapped into. And I might add I specifically remember from the last quarterly call that management said they plan to roll out texting from a desktop, tablet or whatever. I'm underwater with this stock, probably like so many others, but this is so undervalued I think that it's looking so attractive at this price right now. I could be wrong, but the signal I'm looking for is what direction texting is going.
Sentiment: Strong Buy
If you search "magicjack" on radioshack website you will get no search results,although the GO is listed there.I tweeted to both the official radioshack and magicjack pages to alert them of this,but to no avail.You have to fully type in "magicjack go" to find it.Makes no sense.Put it on the front and back,imo.
Now that amazon is stocking their own inventory of magicjack,mj has moved up in sales rankings.Previously,you could only buy magicjack on amazon from a mess of listings of different unauthorized resellers often sold at a higher price than buying one in a retail store.
In February,walmart started selling magicjack online.Previously,walmart only sold magicjack in walmart stores and had no listing for magicjack on their website.They did not have the GO available for shipping on online orders till mid-august,but it should increase sales now that it is available.
If/when the paid talk/text version of the app is released,I would hope that mj can productize it with some type of package that is placed in the mobile phone sections of retail stores with the selling point of unlimited talk/text over WiFi.I also think the selling point of unlimited talk/text over WiFi with the app should be added to the front of the device packaging in bold lettering.Currently the front of the GO packaging only mentions the app in tiny lettering that many people would not notice,imo.Why require the consumer to look at the back of the packaging to see the great selling point of the app?Put it on the front and back,imo.
Lionel, you seem like a guy who is in the know. Where do you get your figures and information. Why dont you call Vento Gordo or Mcdonald and plead with them to put out any kind of news or a share buyback with their 9m allocated.
Was meant facetiously. This is among the most f8cked up stocks on NASDAQ. Anything that Borislow was involved in had tremendous risk. Mgmt needs to extend app with text and penetrate additional sales channels. The product is great but requires brad distribution. Funny thing is that all accounts of sales checking at retailers are ridiculous. Neilsen or other party with true access to retailer scanner-based sales would be help but those numbers are proprietary. I do know that mj web traffic versus basictalk killing it - almost 5x the traffic for unique visitors.
Latam new markets could turn this to the upside. Hang on. The valuation is so cheap right now that with some growth, the stock will easily double from here. It's frustrating because the MJ service has a terrific value prop to the consumer, and it's a great service.
Sentiment: Strong Buy
Lionel, I take you for a smart man. Don't belittle yourself with a trite statement! Your statement is a simple one. Your smarter than that! This is depressing because this should be a home run!
I don't think anyone has such a misguided expectation of guaranteed returns. But it seems illogical for the stock to behave as it's done for last couple of years. Despite the fact that I believe the high short interest and mega-manipulation is in the process of subsiding, it is frustrating especially given the potential so many longs recognize. I've made good returns with this stock in 2012 and expect to again. The wait has taken much longer than I expected but the expectation is still long and strong.
I concur with your statements of 1-2 units in each Walmart. I have beta tested almost 20 stores myself. Additionally to give you some heads up RS is averaging 4-7 units per week in the ten stores I went to and Best Buy is averaging 7-10 units per week per the store clerks. Thats what I can offer. Granted those might be inflated but take a conservative estimate on those and things are looking positive. Additionally. they have always sold in Walmart between 1-2 units per week as they get lost in the shuffle. Walmsrt is just too big. I am glad to have that much traction as it is. Combine this with Amazon and other retailers not aforementioned and this could blow through the roof!
Some of you say sales are great, some say sales are poor. I've been collecting data I'd like to share and I encourage you to do the same.
In my sample I've only been recording WMT stores where the clerk scans in the bar code to give me the sales data. I'm not interested in guesses, feels, and anecdotes.
My sample is still too small, only 15 stores, but it's growing.
So far the average is 1.29 units sold per week. There are roughly 4,000 WMT stores in the U.S. 1.29 units/week * 4,000 stores * 13 weeks per quarter = 67,000 units per quarter.
CALL is losing about 100,000 subs per quarter so WMT alone does not stop the decline. I don't know what BBY and RSH and other retail store sales per week are, but if they are close to WMT's numbers, then that would be enough to stem the decline and actually grow the sub base a little. I have no idea what kind of sales Amazon or direct sales are realistic, but if they are significant, then we could see some nice traction with subscribers over the next few quarters.
I don't think these are selling great, as some have suggested, but I don't think it's a disaster either, as others have implied.
I am guessing it is back in the 5 million. Then they will cover for the stock to only recover to 11.60 then they will bash it down some more. Well done management. I hate you!
There's been very high short interest for some time, part of which likely attributed to the former CEO who passed away a couple months ago. Now that legal issues have been resolved with his death and improvements begun under new management over the past year and a half are taking shape, the short interest will very likely fall dramatically over the weeks to come. The protracted period of manipulation is waning and shorts are covering. You are correct that the financials indicate the stock is highly undervalued but that won't be for long, in my opinion.