smilingwolf, regarding your statement: "Mind you, it takes time to heal and we have no event/catalyst to hang our hats on for a few months."
You may be right, but then again you may be wrong... When waterblock tech starts to make it into next generation cell phones (and Beyond) we could have very good reasons to own. Especially since Zagg is one of the few ways to invest in that technology.
The time is coming fast when millions of products will be protected from water damage and whoever owns the tech will have big dollars to show for it. You wouldn't think that the summer time would be the time for that sort of tech to take off but lots of water damage happens from swim pools, small lakes and other places where summer fun occurs. The advent of waterblock technology is something that Zagg owns a piece of (albeit smaller than they once had) and within the next year it could replace their screen protectors as their most valuable asset.
Been watching the friends of HzO grow on Facebook and keep wondering when/if their waterblock technology will show up in one of the major cell phone manufacturer's product line. A few here have speculated that the recent delay in Apple's product could due to the time it takes to integrate and test that sort of technology. Personally I don't like that type of short term speculation but agree with Buffett; I foresee a much different Zagg / HzO picture building over the next five years; perhaps even one where Zagg's investment in HzO is worth many times what Zagg's market cap currently is.
The writing is on the wall for screen protectors and they are a very large part of Zagg's market still. Analysts are going to continue to rag on that issue unless they see a glimmer of hope somewhere else. All of Zagg's products have a large amount of competition so the only thing that can help them is shelf space or new tech. The waterblock technology created by HzOInside is some of the most exciting tech I've seen in a long time and Zagg only around 37% or more of that company. It is something the analysts should start taking into consideration when they build their 12 month and five year projections.
normey, there are a small subset of shorts who are rather desperate to get out; they make up stuff, lie, deceive and hope that the price will follow. Fortunately the retail investors here are too smart for their antics and get a pretty good laugh out of their attempts. Our new friend hirmo is one of those... He knows not when the quarter ends (just that he is on his last quarter and the end is near). He knows nothing about their new or existing product lines (instead he makes up stuff from labels he found on a clothes line). He is poking and jabbing at longs (while missing the joke in his mirror). If he really believed his own tripe then he’d be shorting the stock; it’s not happening (all bark and no bite).