Well, we are pretty much the regulars watching this company and chatting on this board. My question for you...while I see a great financial report and agree with all of you that this company should go higher, the stock market is forward looking. This company didn't say much about what to expect in future quarters, if anything. We had a one day bounce on the initial earnings release, followed by a drop, then another one day bounce on the financial report, followed by a drop. With no more communication until the next earnings report likely, as this company sucks in the PR department, what catalyst do you really see to take this company higher? I fear we already may have seen what little bounce we are going to get, based on the way it is acting. Unfortunately for some of us, we bought back in at the wrong time and are already losing money again. The only thing I can see is whether or not the market makers decide it's time to manipulate it back up or not, which is a weak premise to bet on. Please consider and share your thoughts...
You all know the story of buffet sitting in parking lots and counting cars? I just drove by SNFCA...EVERY Parking spot is full. very VERY VERY busy. Lots of foot traffic. People parking in the street!
Sentiment: Strong Buy
The market is oftn inaccurate when pricing small float stocks, and then you add the price manipulation by shorts and you have a doozey of a value proposition. If and when an analyst comes on board they will see that the earnings are better than NFLX, and that the current p/e is absurd.
Try not to let the price of a stock influence what you think the company is worth on a per share basis.
Unfortunately the price of the stock is what matters in the long run...if the market thinks forward looking we can't maintain earnings, this will act just like Apple did. That being said, as the new unemployment numbers came out last week, they point to low interest rates being the norm for quite awhile to come, which should help this stock. Today, it seems like nobody wants to sell at these prices, so that is good. The only way they seem to be able to generate volume is by increasing the price...a very good sign. I hope it holds that way.
Folks, just be patient. Nobody knows where the stock goes in the short run. But as any firm's business grows, its stock price will reflect sooner or later. Given the growth rate of this company, I'm confident that this stock will stay at $7 or $8. Rather, it will more likely be $27, $28 in a year or so. Shorts should know it. They better cover it quickly before the stock takes off.
Usually shorts ravage a carcass. The shorts ravaged this thing but the company is still who they say they are. We didn't see the huge run-up that some said would happen last week, so I'm banking on how this thing traded up to 15. It seems like it will take a few more months to get back into the green. We need the MMs on our side though, which is a scary thought. I accepted the risk when I put my money into a super volatile microcap stock.
How can we get this company to give some forward guidance? That is all this stock really needs. I'm thinking about trying to contact someone higher than Lori in customer relations and tell them they need to give some forward guidance to lift the stock. I think the future is fine for quite awhile, but people are still skittish when a company only talks about what it already did.
Watching for potential takeover.... my balls are tingling..... usually a good and money making sign......an understated book leads me to believe an offer at $15 plus if forthcoming.... should be fun week for the shorties
Sentiment: Strong Buy