Uptab...by this time in life, you should have realized that the there is only one group of people who are more bold, and take more risks than the ultra-rich---it's the judgment proof. They haven nothing to lose. I suspect alec dingle makes these posts because he/she is a boilerroom basher making pennies and lives out of his/her mother's basement. Not worth it to even engage people like this.
Not sure you are reading CSIQ's comments accurately. I think it dropped today because CSIQ came out and chided the US policy, saying: "We are deeply disappointed by the DOC's decision, especially in context of the overwhelming damaging impact on the U.S. solar industry," said Mr. Koerner.
"This preliminary AD announcement will definitely jeopardize what we have worked so hard for and have achieved in the last few years in the U.S. market ... '
These comments stand in stark contrast to any assumption that the tariffs will not impact CSIQ because they can deliver from their plant in Canada. Until CSIQ clarifies its statement and the anticipated impact from tariffs there will be uncertainty with the stock.
Look deeper...don't let accounting magic mask what is going on. ANV is profitable at $1250 or even less.
With gold above $1,300, ANV is making money, reducing debt and putting its financial house in order. With that happening, stock should be well above book. Shorts know it and they are making a final push to get the price down and cover before the next earnings report. The noose is tightening.
U invested in a company with a massive portion of the float short. What did u expect? If you can't handle the stress of a highly manipulated stock, which all stocks having a large short contingent are, invest in an index fund.
yeah...you definitely don't want to invest in a company that (1) is consistently profitable; (2) prudently manages its finances; and (3) is making strategic acquisitions to offer its customers complimentary services and create synergistic marketing opportunities. Nah...that would make no sense.
Is the company in better shape? Yes. Is the stock? Not necessarily. But let's face the facts, you don't understand the difference and are unhappy with your investment. So, sell and move on.
Good question...it could be that the shorts cannot unwind their position without significantly increasing the price per share and are awaiting some bad news to start to do so. If some of these shorts came in at the $5-$6 level, they may not be able to get out with a gain.
Thank you for the summary...it was hard to understand the negativism on the board last week regarding the press release...revenue shifting between quarters is not uncommon and nothing to get ones undies in a bunch over. It is when contracts are lost that it becomes a concern.
As to the acquisition...what's not to like? They say it will be immediate accretive. We're not expanding the shareholder base. They are putting capital to work, which should boost ROI. KTCC has the feel of DXPE from about 5-6 years ago. They're managing their business well, consistently making money, and then making strategic acquisitions to better position themselves in their markets. Does anyone think this acquisition is a bad thing?
With gold at $1300+, ANV is making solid returns, paying down debt, and improving its balance sheet. If we knew gold would stay over $1,300, ANV should be a $10+ stock...yet, shorts are holding down in the mid-$3s...shorts needs a 10% drop in the price of gold, or their case is cooked, IMO. Without it, they are just deferring the inevitable.
Perhaps what you "notice" isn't reality? It doesn't take anyone long in the market to realize that book value alone is only one metric, and that metric can become meaningless in a hurry. Take any of the dry shippers...huge book value, but those ships are worthless if they have nothing to ship.
That said, looking at, understanding and requiring solid tangible book value in a company is a valuable metric for investors. As much as you want to call out long investors who have suffered losses using book value as a tool in investing decisions, I can find you 10 fold investors who rely on momentum or technical analysis who have lost more. Book value is just a tool, but it should be one of many for investors, and the nature of the book value should always be understood.
Agreed for the most part. The overriding positive is that the company has wrighted its ship and has proven its ability to make solid profits even with artificially low purchasing.
That said, my primary concern is that we are half way through the next quarter and I saw no indication in the PR that they are seeing a return to normal buying levels. Would have thought that would be articulated to assuage shareholder concerns, but it was conspicuously absent.
Why bashing? All the post is, is a comparison of features. Wow...real controversy. If you don't think the chart is accurate, then correct it. Ad hominem attacks on the post because you dont like the person who created the chart is bush league.
And? Welcome to small caps. Most don't issue press releases between ERs. Not sure why you think Q1 could have been better...maybe you just don't know the company? That was its second best quarter ever as a cell phone manuf. and missed being its best by a narrow margin, yet that was it's seasonally weakest quarter, historically. Last year it did only $7.8million...this was an increase of over 50%. That is reason for positivity.