Cali, the real balls where needed to invest in GTAT back a couple years ago as the story was being built. For many, this is already a 5 bagger.
No tentacles was the right word. The company reaches into new territory in many markets. You know, not a "one trick pony". Maybe you just wanted to type testicles...
Since we have begun discussing other plays in this thread...
WMC is looking intriguing right now. It reminds me of AI when I first bought in. Lunco will remember this- One individual was nonstop posting about how 23 would never hold and it was going to 18.... divvy unsustainable etc etc..
Agree. Long timers watched TG re-construct the company. Buying technologies that were complimentary (gutsy move considering where the company was).
Those were the days when the talk was about sapphire screen protectors.... and Apple... huh... not even mentioned.
Sam, long term longs could have bought in the teens as well... Pretty good multi year roller coaster here.
LOL, But at least they do not equate a sales figure 120M units X $20 =$2.4B to profit amounts. There are some companies that the sales multiple is more of an indicator... Think about it. not really that hard...
Revenue and profit are completely different animals... You have the two confused.
Not disagreeing at all. All were valid points.
Think about the profit BD had accumulated on paper. The timing of the filing also suggests they had a plan to cash out and move on. Your point on a "possible x bagger" is also very plausible except for one thing, they already had an "X bagger". Corporate America is about now. They book their profits when they have them and move on.
There is also the human factor there. The BD associate had hit his home run. He still had his job, bosses were happy, more than likely his bonus made. Not much incentive there to "let it ride". Corporate mindset.
Yes, PXLW is a micro-cap, but average volume is there for pretty good liquidity on a normal day. If it averaged 100k shares per day that would be a different story. Entering and keeping the price down is much easier than exiting and keeping the price UP with a large position.
Completely agree with you on the social aspects. I would do the same thing, but i tend to leave name calling out and just use extreem sarcasm... LOL. Or kill them with kindness. That really sets folks off.
Great mental ping pong on the discussion points. I easily see why your views are formulated. The back and forth gives some food for thought and provides some healthy skepticism which usually helps make better decisions.
Call, S584 has that right. Still much more spec than foundation based. But the #'s appear good there. I have a post on the PXLW bord laying out my thoughts there.
With all this sexy cap app... Not many are interested in GOOD dividend plays. Here are a few:
NCT will be doing another spin... Divs up 35% with the 1st 2 and the 3rd has not declared yet. Returns are 10+ %. Great drip One more spin to go (september)
NYMT pays 1.08 annually on ~7.8x price. Another great DRIP
AI pays 3.50 on a 27.4 price. I think they raise the divy in the next 6 months. Drip Drip....
Looking at WMC. Have not pulled the trigger. But expect to soon. Want to see where it stabilizes. ~19%div... Drip drip
Cap apps are great. Love them to bits. You need to have some $$$ in great dividend payers to set up an annual income stream. Cap app irrespective. The additional shares and dividends provide the return.
SGOC. Waiting for it to fall a bit more. Always good for a run to earnings. But do not hold. Short term play only.
Starting to look at shipping. The recovery there has to start soon. NAT, DCIX, ESEA, TEU all being watched. If things start going better will establish something there in the next 3-6 months.
Last but not least.... GTAT. I've said for a long time it's potential is far greater than HIMX. Looks like it is coming into it's own far sooner than I thought. Pretty easy #'s to wrap your head around. Very helpful message baord there. Of course it could do a short term swan dive but at least a double (I think more) by Y/e 2016.
Sometimes you have to have the long term mentality in mind.
You can be abrasive... But given the comments thrown your way, understansably so. The majority of your posts are right on the money. Folks just don't like to hear it. To your 2 points above...
1.) Becker Drapkin is a money making machine. There is no emotion. They set an out. Thay made their "planned" money. Time to move on. They don't risk additional money on "we might" introduce this chip and it will be widely adopted.
2.) Small cap (if they truly believed in this stock) would be doing the exact opposite. They would be trying to keep the price down to accumulate. You see Renaissance Technologies, LLC as a holder. I love seeing them in any stock I own. (Blackrock as well). They are more than willing to scoop up all the shares they can and they also have an EXIT strategy.
As for the chip... Might not be in Apple, but when a CEO makes the statement regarding future quantities he did, time to take notice. something is in the works. If not, he just lost his cushy job.
My out is also set. Downside (won't say that one, but I will keep profit) Upside short term, any spike or 9.50 until such time as hard evidence is shown progress is being made. If that means I lose a few bucks upside, so be it. I have no problem buying back in if it continues to show potential.
I know why they do. I've also seen how confrontational other posters are on this board when they don't like something. When someone post good well thought out info, and they are basically attacked. It's easy to put your guard up and go on the offensive.
Quite frankly. If you did not sell the spike, you deserved to lose your gains (paper) . I'm holding shares I did the same thing with in another stock. Why? that was an investment for me. This has been a spec play which could turn into a long term investment based on how it plays out. I made a decision.
LOL with this one. I sold it all 2 days before the spike... Made some money.. Had to buy into the spike at 7.21. Sold 70% of what I bought in the 8.8X's. Bought back too soon in the 6.6x's.
Oil made that call before it unfolded.
Answer to do you feel lucky. No. This is now much more on the investment side of my portfolio spectrum. Term? Not sure yet. at least 12 months. Longer if things unfold well.
Thanks to You... Avg in 3.92. Much appreciated Foggy. Need to start accumulating now...
It really has been a great last couple years. GTAT is still a bargin if you look out to 2016 and the potential return. Even the last 3 months here... put a dent on the profits (mostly paper) from HIMX still up over 160%,,,, With good - great future prospects.
Non-reit decent dividend with some growth potential. HIMX. That's the stock I just took the 50% bath on, but I'm still up over 160%. It is a 2016 year end play for me. It should easily retrace and move beyond. Dividend this year is .27/share. Share price 6.88 right now, yield 3.9%. So do your DD. The new, cutting edge products are top notch and what everyone wants in the mobile/tv/camera market.
My other farorite, (up 500% so far) is GTAT. should be ~$50 by Year end 2016. The revenue stream is pretty easy to crunch some #'s on once you learn what the company is about. No dividend, but promising potential over the next 3-5 years.