The volume is decreasing, this indicates to me that we will drift lower until we get some positive happenings...I'm still looking for higher prices in 2012...but my expectations have been lowered...from 20+ to around $15..JMHO
"... Dophin'sAss...Lets see..the "55million customers" is,..once again for the 50th time...ELO's statement, not mine @#$%. That alone makes you stupid and liar, again. Got it, dummy? For the 50th time. ..."
Scionnochio, the utilities have 55 million customers, not ELO as you just recently said the 50th time ... well, sometimes you talked about 50 million ELO meters, too ...
"... China information has been posted by me... "
You really should post the link. Could you? Then, we can compare word-by-word what the analyst said and what you said. That would be fun. Please post the link. Thx.
"... Why, why would you want to buy a company with such a lousy stock price? Here's the logic @#$%, ..."
Because I am a trader and not a long-term investor/bagholder (well, with two exceptions).
"... If you believe the stock is "undervalued" and has much of the potential I and others point out, then there is little reason to believe it will go to book value. ..."
We have to be more nuanced about that. I "believe" ELON's stock is "overvalued" short-term. Long-term, I have no problem accepting the original poster's hopes of a $15 PPS. For me, this is too far away. But, again, I am a trader and not a long-term investor. I guess, you won't understand this because you are a black-and-white thinker.
"... there is NO EVIDENCE of any kind, by ANY analyst's that suggests anything remotely like that price. ..."
Well, I agree, the analysts are generally higher than my target in the high $3's. Notable exception is Piper Jaffray. They recently set the TARGET to $5.
"... Piper Jaffray has assumed coverage on Echelon Corporation (NASDAQ: ELON[FREE Stock Trend Analysis]) with a Neutral rating and has lowered the price target from $9.50 to $5. ..."
I guess I must have a lower multiple. My concern's still Echelon's business in Europe, and Europe makes 50% to 70% of Echelon's revenues.
"... Because ... you are stupid ... liar ... shortbasher ... get lost @#$% ... I have answered and defeated ... you weren't stupid ... lying ... basher/short. ... Get lost, for 51st time ... Is that black and white enough for you. ..."
That's black-and-white enough.
Dophin'sAss...Lets see..the "55million customers" is,..once again for the 50th time...ELO's statement, not mine A-hole. That alone makes you stupid and liar, again. Got it, dummy? For the 50th time.
China information has been posted by me...AGAIN for your edification and you apparently have already forgotten it, or it doesn't suit your basher/short position to remember it...that makes you liar and basher A-Hole.
Because you are new alias basher you did not read original posting of the Echelon market share in EU of 80plus %, including ENEL...it's been posted as such numerous times. That again, makes you stupid, liar and basher/short. Get lost A-hole.
You like to say, "I think Echelon will do well", but then say you want to buy at near book value. Why, why would you want to buy a company with such a lousy stock price? Here's the logic A-Hole, ...If you believe the stock is "undervalued" and has much of the potential I and others point out, then there is little reason to believe it will go to book value. And in fact, there is NO EVIDENCE of any kind, by ANY analyst's that suggests anything remotely like that price. In fact most are still with buy ratings at much higher prices for 12 months. You claim to believe stock is worth much more but refuse to buy at these depressed prices...asserting that near book value is the right price. Huh? I would think you are only going to see "book value" on a stock that has received very bad news and has little potential to turn it around..any investor understands this...yet you don't. Why? Because..you are stupid, liar, shortbasher. Now, for 50th time..get lost Ahole. I have answered and defeated any semblance of a cogent argument you have concocted, and you would know that if you weren't stupid, lying, basher/short. Get lost, for 51st time. Is that black and white enough for you.
"... you tried, but can't deny any longer, without looking stupid. ... LOL ... What a joke you are. ... Get lost. "
I cannot make sense of this. Could you give me an example of what you mean? Link please. Thx.
dolphin..Yeah, you "believe" ELON will go up because of "all the facts", you tried, but can't deny any longer, without looking stupid. But of course it will first hit "book value" when a astute buyer like yourself will come in and buy,...LOL..What a joke you are. Get lost.
"... Wow...I am really impressed with, not his analysis or objectivity, but his basher persona making a chameleon reversal to be accepted on board...now that's impressive! ..."
What I am impressed is your all-or-nothing, black-and-white, you-are-with-us-or-you-are-against-us kind of mindset. Now THAT IS impressive!
"... he attacked any positive numbers and facts he could find with negative and faulty,(purposeful) when he started posting as this particular alias. ..."
Scionocchio, we need a link to my _PURPOSEFUL FAULTY_ posting please. Thx.
"... ELO selling to it's 55million customers is somehow a negative ..."
ELO having 55 million customers would be a real whopper. Scionochio, unfortunately only in your mind. ELO does not have 55 million customers. ELO does have the 40 largest utilities of Brazil as its customers, and those utilities serve 55 million end customers. Well, you might not believe it but this is a whole different story. We already discussed that 20 times.
"... How about Holley/Echelon meter selling to 20 million customers over next 5 years ..."
Scionocchio, link please. Thx. Not even the Credit Suisse analyst dude said it like this. And that we discussed about 10 times.
"... We know that Echelon has over 80% of installed meters in EU. ..."
Not to foget the one-off of 27M+ smart meters for ENEL. It's kind of important to mention that if someone wants to make sense of these fancy 80%. But, I agree, Europe WILL be the biggest potential for Echelon. Echelon WILL be one of the leading smart meter manufacturers for the EU with possibly a 10% market share, IMO. That's fantastic!
"... China that will expand Smartmeter market geometrically over next 5 years!... "
Guess what, China has already expanded its Smartmeter market "geometrically", in 2010 and 2011, all without Echelon. And in in 2012, Holley won't replace all their smart meter manfufacturing (4.5% market share only, btw) with Echelon-inside ... it'll likely be a fraction of it for some pilots.
Just to mention, IMO, Echelon will be doing fine. Hopefully, I can catch it at a good price.
Really, john..why? Why are you "sure" he's not a short/basher...he attacked any positive numbers and facts he could find with negative and faulty,(purposeful) when he started posting as this particular alias. Only by being continually exposed as someone who has posted nothing but incorrect and disingenuous "facts" and applying a negative bias to any positive post, such as that somehow ELO selling to it's 55million customers is somehow a negative?!? Huh? How about Holley/Echelon meter selling to 20 million customers over next 5 years, yeah that's a big negative! Hehe...How about fact that Duke is VERY likely, not unlikely, to be getting Indiana go ahead next year. We know that Echelon has over 80% of installed meters in EU. Now there's a reason to be pessimistic!...haha...oh, yeah...that's real "objective",...that's a bad joke. We know that EU has mandates in place as well as China that will expand Smartmeter market geometrically over next 5 years!...Wow, there's a reason for negativity. We know that Holley is also going to sell the ECN and EcOS platform solutions in China, and Duke will have opportunity to use it too if they so choose when Indiana restarts...man-o-man..that's pretty negative, for sure. Sege has pointed out that old eastern bloc countries are very rich area for Echelon sales...in near future. Russia now piloting Echelon meters as we speak..that's gotta be a bad thing?!? Huh? Yeah, nothing positive out there to an objective observer I guess, huh? Now, you can see, more and more this persona alias is trying to appear "objective" as all of his pessimistic analysis is refuted and proven meaningless if not down right disingenuous. Wow...I am really impressed with, not his analysis or objectivity, but his basher persona making a chameleon reversal to be accepted on board...now that's impressive!
Just responding because you are trying to assassinate the character of dolphin. After that, you are on IGNORE. GL.
"... WOW, so you shorted Kodak huh, cause you dont like the business model? Hahaha. ... How about having made that claim a year ago, not when the stock is 63 cents, dumbo ..."
That was a few months ago at $3.4. Things have gone from bad to worse with EK.
I've been trading EK for much longer than you want to know. But don't worry - like you own ELON, I also own stock I averaged down heavily; and like you with ELON, I am _SO SURE_ it will go up again and I will laugh all the way to the bank ... well, we all have our moments ...
"I only short comapnies whose business model I dont like, like Kodak"
WOW, so you shorted Kodak huh, cause you dont like the business model? Hahaha.
How about having made that claim a year ago, not when the stock is 63 cents, dumbo
Any other revelations you'd like to make AFTER they have happened?
Spain and Italy have been selling millions in bonds over the past 24 hours at rates a full percentage point lower than expected. That is bullish. The companies Echelon are working with in Europe i.e. Enel are well capitalized. Europe may actually surprise in 2012 to the upside, that would be the contrarian's view.
"... I think Dolphin owns stock, lots of stock. ..."
And the dot connecting continues ... Too funny.
"... I am quite certain that he isn't a short or a basher, ..."
I am very glad I am not considered a basher. I only short companies whose business model I don't like, such as Kodak moving into the print industry, which is saturated with incumbent competitors.
Echelon's market is quite right. I can't deny that the industry will grow. I can't deny that Echelon will likely remain one of the top three meter providers in Europe; and I agree with Sege that Europe's the bigger potential of Echelon. I can't deny that the reliability of Echelon's products is good if not top (based on my spy's opinion). I can't deny that the LWI business of Echelon will expand. I can't deny that what is dubbed the IoT will bring along new applications for Echelon. That should indeed get Echelon at some point back to $15 as the orginal poster stated his target. With $300M revenues, a $1 EPS and a multiple of 15 is indeed not unrealistic. From what we know, I just don't agree that this could already happen in 2012. But, every now and then, wild things do happen. An unexpected huge contract or buyout, and you'll be smiling ear to ear.
Well, I am "hoping" we'll see the high $3's first. At that point, I would start averaging down if necessary. Europe won't rock in 2012 unless some ENEL-type of customer shows up. The Euro just lost 10% to 15%, which reduces Echelon's competitive advantage quite a bit. Duke may save you guys, but this is IMO a 50% chance, or less. China, Brazil, Russia seem good contracts that will almost certainly materialize, but I think we won't see much from these regions in 2012.
Just me thinking ... The next Q and some form of guildlines will come soon enough.