I am quite intrigued by the increase in sales to the auto industry. The sales increased to 7% versus 1% last quarter. My dilemma is what is the product that API is selling to the auto industry and can this be a real growth oriented product for them? Thanks in advance.
Ahh yes, those E tickets! With the long waits in lines on some of the more popular rides, I sometimes wish they brought back those ticket books! I was just joking about mentioning API to Disney! But hey, Disneyland has always been good to the locals, and API is just up the road on Hwy 101. Maybe Disney WOULD like to support API!
"You don't deserve that treatment, I can't pretend I was that nice
I'm no E ticket ride to Disneyland, I'm no cushy first class flight
I'm a day behind your restless wings
You, you rather have the wealth of kings
Me, I'd rather be on the heels of the wind"
-Heels of the Wind by Elton John
Helping the hungry - It's better than an E ticket ride!
goodbuddy, I was probably the poster that told you to be careful(never said sell-I don't give buy/sell recs. in my posts) But, don't mistake the fact that a POS can go up and a good company can go down. Their contract with GD was like all the rest-no dollar amts., no time frame and little chance of ever coming to fruition. Look back at their other contracts-would sales have dropped 7 out of 8 quarters if contracts were being delivered on. Book value continues to slide, while shares outstanding jumps up. Now, the latest results were supposed to be out Fri. and I have yet to see them-but heres a guess-small sales, write offs of some sort, losses and more promises on big contract and big future. Since I was involved as a broker in the mid 90's with them,they have consistently dissappointed. Maybe new man will straighten them out, but if Cubley is still lurking, I would be leery. Just look at P/S and P/E. Is that the type of company you "invest" in? Good luck.
Yes, the ignore button. Just the thing for the bore. I will mention API to Disney if I see him. The guy having his 50th anniversary is Roy's architect for his beach house. Yes, I'm 51, older than 50. My pop was a newspaperman, that's how I got my free "E" tickets! Remember those?
<<you might want to re-assess what you've been saying and basing it on today's economic enviornment and API's ability to execute their business strategy addressing the immediate needs of their customers....and not what may or may nout happen....>>
Stock price is based on future growth but not immediate needs of customers. API should have new products in its pipeline to continue support of future growth. This is tech environment that things move fast and there is no sympathy for those who stay behind and are only happy with what they have now. API has pushed its sale limit, which already reflected in its PPS. From this point on is "show me what you can do for future growth".
you might want to re-assess what you've been saying and basing it on today's economic enviornment and API's ability to execute their business strategy addressing the immediate needs of their customers....and not what may or may nout happen....
<<In other words, small potatoes, right? who cares if you bought from api, (or maybe you got what you needed at walmart or radio shack,LOL) who really cares what you think.>>
I'm one sample and thousand others are thinking the same. This company is surviving based on some unpopular custom designs with very limited customers. What API is doing is like unskilled fisher man who fishes on lost fishes. Sometimes like Indian farmer who prays for rain and if no rain then osta lavista.
All the progressive companies are increasing their R&D but API which is going reverse. What API management is doing is a quick pump but no future. Have you ever wonder why institutions decreased their holding in last quarter by 136k and only added 4k? Are you wondering why a big seller (institution or individual) selling at fix price of $2.52? That's possibly the best price that API can get. Yeh, some traders may do some quick push up to cash but it won't be sustainable.
cash you wrote: <I was looking for optical encoders among others.
Looking for sensors to measure water/chemical level of some small tanks. I want fast precision detectors and so many other things.>
In other words, small potatoes, right? who cares if you bought from api, (or maybe you got what you needed at walmart or radio shack,LOL) who really cares what you think. Every single one of your posts here has been negative, why? Explain what your agenda is. Some of us have been here a long time. We know the risks associated with smallcap stocks, and your negative blather is meaningless. Your predictions have all been wrong as well, as you stated we would be heading below 2 bucks. Well buddy you been miserably wrong so far:
Dead money in API - You will have dead money. This one has gone too fast and needs to be shorted. - by: cash_is_king_now
Hendi will teach you a lesson here - It's time for him to give you some investing hints. Sell or see your gain to go down the drain. - by: cash_is_king_now
High volume came from the sellers - And this one will go to low $2 again soon. - by: cash_is_king_now
Trend reverses here - Your gain is zero unless you cash it. - by: cash_is_king_now
If you read the last quarterly report for API,
you would have noticed that three new products were announced, one in each of three different
areas: commercial, medical, and military. API
picked up some good engineering talent from their acqisition. It's opnly a matter of time for API to cross 2.52. Knocking at the door.
today, opr tomorrow will do. Why not?
What a beautiful name you got. I like graywolf too. Hey, is not my sentiment that causes API to go down. There are smart investors here and they know that API has reached its potential and as somebody indicated not much in R&D and API has stopped at this point and just is surviving on left-overs. Just take your money and run before insiders come after you and out smart you.