In 2006 revenues rose by 168.9%
In 2007 revenues rose by 34.7%
In 2008 revenues rose 34.1%
In 2009 revenues rose by 9%
In 2010 revenues rose by 21.6%
And this was at a time when the company had just ONE major customer - Verizon - with a business model of a royalty per installed client.
Now we have THREE tier 1 customers and a major cable MSO with a business model of royalty per app in the case of the cable MSO - in other words the more apps, the more revenue.
We have been told that all these contracts are either already launched and generating revenues (Verizon) or are planned to launch by the end of Q2 early Q3. That is why the revenues will ramp in the second half of the year and grow throughout 2016. That is why I bought more at $1.20 and posted the fact on this board at the time the trade was executed. All the shares I have acquired in the mid 80 cents cent range, the early 90 cent range and the $1.20 range are all now showing a healthy profit. But the real money will be made towards the end of this year and throughout 2016 and beyond. Buy and hold. The only sensible strategy if mega growth in your investment portfolio is your objective. All the crass monumental idiots said they would remind me of my purchases at 80 cents when they were posting the share price would fall to 60 cents. I see no such posts. I wonder why?
One more point - there are nearly 800K shares short. Just wait for the scramble if those shorts have not covered by the end of Q2. They will be covering at any ANY price as it rises to new, much higher, levels. They will fry and I can't wait for that entertainment.
" are all those new contracts still secret and stuff?"
No. If you were half awake you would realize that in order to generate revenues of $45m - $49m NEW contracts MUST exist. I realize this is tricky stuff to grasp for life forms like you that are so dim, so let me spell it out.
"The deals are done". That is a direct quote from the CEO. If only you had any idea whatsoever about the length of the sales cycle for deals such as this and then the length of time from initial development to the live launch, you would just begin to understand why customers do not want their strategies made public.
"sold out on last run up"
And the post to prove this at the time the trade was executed is where, exactly? Don't life forms like you realize that any fool can do this - post details of "trades" AFTER the event? It is pathetic.
This life form that lives a life beneath the sewer, posts its usual mindless incorrect drivel of blatant lies. Of course there are NEW contracts. That is why they have provided financial guidance. Of course Q1 will be much better than previous Q1s since we already know it will not reflect the usual seasonal downtick. This is because the business has been transformed. No longer dependent on a single customer, they now have three tier 1 carriers as customers and a major cable operator. Plus a major new deal with Comverse who sells into 450 operators world wide selling a platform with CommSuite fully integrated.
The way to make money on this stock is buy and hold. Why? Because we already know the major portion of the revenues will be in the second half of the year. The sewer rat has already missed the 36% rise so far this year and this rise will be trivial to what we will see in the second half of the year when the Q3 and Q4 CCs confirm the forecasted 22% - 32% annual revenue growth for 2015. If you believe any of its drivel, it may have made a few pennies along the way but the BIG money will be made using a buy and hold strategy. When the price of this stock rises it will be in LARGE increments. Just like we saw earlier this year. The daily swings are meaningless but last week we saw THREE days where the volume was over 150K shares with the price increasing reaching a high of $1.43.
The majority of the posters here are crass monumental idiots who were let go from SMSI due to being dead wood. That is why they carry such monumental grudges. They were 100% WRONG all last year and will be 100% WRONG if they continue with their mindless drivel throughout this year. Most life forms with any intelligence whatsoever would be embarrassed to post here after all the mindless vacuous drivel they posted here last year. But not the crass monumental idiots who mostly populate this board. Follow the posters with the track record - be_accurate, onthelongside etc
"What do the details you have posted have to do with when the alias was created"
I will nolonger communicate with those who ask such dumb questions. You are an idiot. The end.
It seems the lowest of the lowest intelligent life forms are attracted to this board for reasons unknown. In fact, they appear to have no intelligence whatsoever. Grim. Truly grim.
" it was NOT created today"
You really are one monumentaly stupid idiot. Just click on your alias, idiot, and look at what is displayed. Just how monumentally dim are you?
Oh. Let me help the terminally dumb.
4 posts | Last Activity: 2 minutes 45 seconds ago
Member since: Apr 10, 2015
All clear now?
"Maybe just used for the first time on the SMSI board, but in use for many, many months across the piece."
The monumental stupidity of this board knows no bounds. How can an alias that was only created today be used for "many, many months"?
You stupidity is obvious.
about to explode to much higher levels. You heard it here first.
Have no doubt.
The shorts will fry. You have been warned - many times.
Have no doubt.
What does this investor know that we don't? All will become clear as this turnaround gathers momentum. the information is in the public domain. It just needs intelligence to work it out - a commodity in short supply on this board.
At least none of the crass monumental idiots have posted they are buying so we know any claim about "taking profits" (if it goes up from here) or making profits by shorting the stock (if it goes down from here) will be the usual crass monumental mindless drivel this board is now famous for.
"would lead you to make such a goofy public and written remark as: "...Now We're Smokin'......." Wow!"
Yet another idiot who has missed the rise from 85 cents and contributes nothing to the debate about the future of the company. Why? Because this idiot has realized just how stupid it appears so now it posts under a new alias.
So which crass monumental idiot were you before you posted under the new alias, idiot?