Consolidated margins 4th quarter-impressive.., again
Seeking alpha, yesterday ---- "Cobra Poised to move on earnings release".--- COMPLETE AGREEMENT HERE!!!
Dow about to cross 13000 *** (multi-year high) consumer sentiment out today
VOXX GRMN AAPL and many other electronics company reporting, and their stocks responding well/great/fantastic (check for yourself)
Google(android) has cobra in the booth in Spain? Are you kidding me ?? Apple stores stock/sell cobra products ?? Amazon sales ??
Joyride--I-radar--cobra-tag--cb's, detectors, two-ways, inverters,NUMEROUS other products new and old.
Growth companies, like Cobra , command higher PE's than value-or deep-value-garbage plays.
I am willing to bet, this 'come-back' story will generate it's share of press, in the short term. Everyone loves a good story. Analysts will write them up. Funds will buy their shares.
These are things that happen you are re-discovered by the investment community..
$10.00 is ONLY a 65 million market cap here.that's cheap IMHO. and YES having sold 2.5 BILLION in product the last 20 years is big deal. Lots of adapting and innovating during their 50 + years in business. at times survival . ever heard of repeat business, loyalty?? name recognition ? expect further, higher profits for 2012.....
the question is whether Bazet can get his act together and do better then showing a "seasonality quarterly loss" in the next earnings report?
it just goes to prove that the buyers who ran up the stock did not have a clue as to the mediocre earnings report- it also goes to prove the point that I have been making over the past several years- Bazet has been an ineffective leader
I bought stock on the hype before the earnings at $5 and doubled-down today at around $4.70
Are you making this stuff up? Where are you seeing a .30 estimate? Company had said Q4 would be better than Q4 last year, so we knew they would be above .36 from last year. I was actually hoping for more of an increase so was slightly disappointed. My guess is you'll be able to buy this stock around $5 again soon.
Given the strength of the stock during the last days before earnings I thought some real good numbers may have leaked. To justify a stock price of $6+ sales should have been at $40 million or more and profit at around $3 million. I will be a seller today, if the stock trades above $6. I also guess that we can pick it up again around $5 or lower in May or June. Otherwise I will stay for the long term - where is the dividend?