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Socket Mobile, Inc. Message Board

  • badman92651 badman92651 Jul 24, 2003 1:28 PM Flag

    why SCKT is moving

    lower, even though they reported "ok" earnings....LU showed losses and it is moving higher...AWE showed profit and is moving higher. What is wrong with SCKT? Why is it moving lower on a higher than usual volumn???

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Hey, and that's after AT & T wireless has
      gotten an upgrade. The simple truth is that
      investors are not happy with Socket's lack-
      luster earnings over and over again. Do you
      realize that they have not been out of the
      red since they went public some eight years
      ago? So what gives? Poor management, I suspect
      on top of lots of competition.

      This is a RISKY and also VOLATILE stock since
      the spread is very thin. If you can live with
      that day to day, jump in--otherwise, stay
      away!!!!

      Good luck.

    • Buy the rumour sell fact scenario. This stock is extremely volatile and will keep people guessing until further announcements are made.. My opinion is to buy if you have not already done so and strap on your seat belt and enjoy the ride..

 
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