In the past they may have reported one good quarter then a bad one. Now they have put 2 together. In the past they had huge fluctuation due to distribution of Samsung. The last 2 quarters we from our own products and this is what is different and what is HUGE. Now we will see more consistant growth and profits because we have control of the product flow. This is gona be a 10+ stock in less than one year because of this.
There are companies trading below book and losing money that are doing the same old thing and nobody believes they will ever change. But here is a company trading below cash + receivables that has *already* been breakeven for two quarters and had *already* laid the groundwork for a new business with gross margins around 20%.
It would have been great if a couple chilean verykool dance parties would have triggered huge sales, but Ram has stuck with the plan for the past few years, through a recession, and developed a lineup that has a place in the market.
Probably the best thing for me to do now is to ignore this stock. When I look back on times with stocks where I've tried to get in and out with the swings in price I find that I would have done better by doing nothing but hold.