I see what you did there...
We probably won't see this upside potential until the next spammer.
STSC set to acquire a producing oil property that was discovered in 1943. So far the wells have produced more than 7.6 million barrels of oil
LOL, just you go ahead and buy what ever US Alerts gives you, LOL I will be keeping my money on VTSS till St Pats day for sure!!!!!
Broke and closed above 8 day EMA, and is significantly above 20, 50, 200 day SMA. Stochs are trending up.
VTSS SHOULD make a run to $5 a share if pps follows the technical indicators. The only concerning thing is whether or not investors took VTSS above 8 day EMA looking for a bargain and a quick profit on a really down day in the market. It's been my experience that really beaten down stocks tend to be green more than others on really bad days in the market. Today's action should serve as confirmation.
Well, I don't know how you came up with $6 projection. But finally we can actually do some valuation so I'm sure you have your way of calculating it. VTSS rose against the market decline three days in a row. Today's strong performance with both volume and price is not possible without institute participation. Using Cramer's theory this should be a solid sign of the stock near term strength, collecting shares in down market. $6 really does seem possible within the year, although I wish for steady growth.
My entry point was after the last share dilution with stock dropped 20+%. The capital raised by the ~20% share dilution should increase the corporate value by more than 20% easily so I consider that was a no-brainer. I believe investors does not uncertainty, and when all the key uncertainties are finally gone, the stock should attract better valuation.
Yes it helps to know CTO on important board of directors, it definitely will help the company direction.
Thank you for your reply. I appreciate your comments...
Been reading publications of the pressures for high data communication in 2015. Vitesse will be right there.
Additionally Martin Nuss announcement for another term is a good signal.
Also noticed yahoo finance target price has been raised from $4.73 to $4.95.
When the higher volume comes, we can look for new higher levels, hopefully.
I still believe we'll hit $ 6.00 before long.
Thanks for sharing info. Treat my post as a high school-er doing math homework. At least I'm doing math. I don't believe analyst is silly enough to post on this board. I just want this board a pleasant place to do some reading once in a while, without those stupid wishes to use this board to move the stock price. I come here to get informed and educated, and a few posts and rumors aren't going to change what you make or lose money.
Jim Cramer's MAD money yesterday has an episode about how to spotting the bottom of a stock, you can search on that on CNBS. I'm not going to post link, I feel if we don't bother to do the research, we shouldn't buy or sell stock. That does add confidence to VTSS in my view. If you look back what happens to RFMD and VTSS when the revenue was guided down and the volume come with it, I believe Cramer's logic is correct. Also check the MACD line (I learned this from a friend).
I don't do many trades at all and only own half a dozen stock, so don't count me as an expert. Just want to share a few cents. I don't buy or sell without doing enough research.
Thanks for your post. Interesting projections... Are you an analyst?
Speeking of, I am baffled that Jaywalk has a range of analyst sentiment ranging
from 1 strong sell, 2 sells , 7holds, 2 buy, and 1 strong buy for Vitesse (as of 12-23)
Marketwatch has VTSS as a "LONG" The point is that most analysts now recognize the Co. as
headed in the right direction... Even Yahoo has "tarket" price or 4.79. When do you think we will hit the $5-6 range? It will not be longer than a view months, IMO.
Merry Christmas to all!-- Now that's a sure investment!
SIMH look set to repeat October triumph when it delivered more than 3900% gains over several days. Traders now bullish after company reports 85% gross profit increase year-over-year
New product growth needs to phase off old product decline. New product finally reaches half of total revenue. This is simplified calculation. There are definitely people out there doing far more sophisticated math. It does seem to me that the crossover is finally here with profitability and growth finally going to the same correct direction.
Math is what matters. You can't invest without listening to the invest conference call and understand the numbers. I did some estimate calculation based on # from Marty and Chris, expected an estimated stock price of $9 by 2017 Q4 on a revenue of about $47-50M and earning of $9-10M. Past high fly price does not matter. But do your own math. Of course semiconductor is cyclic and you can overlay your cyclic projection, and I never want to predict the broad market.
Please do not try to influence either way, it won't work, the price won't change based on your wishful thinking. This is not a perfect company but is a decent company. Be educational to readers to make everybody a pleasant experience. At its current status, it is a relatively low risk decent return investment option, but don't expect to double your value very soon.
quarter revenue (M)
Also like how the debt obligations are being paid off..
Wonder if Zacks still thinks this is a sell? (We are now back above the "pre-zack price")
Can you tell I'm annoyed with the short term mind set that messes up the true benefits of steady, long-term growth and profits?.... I know--I need a reality check.
Sentiment: Strong Buy
Dream of the day we're profitable enough to undo that 1 for 20 reverse split. The Yahoo max chart doesn't believe how high we flew in year 2000.