iluvbush, yes once real SMS texting is released, it will be big. Agree. MJ sales will likely explode. So will this stock. Management has to find ways to prioritize their tasks better. JMO.
Up. Maybe a month from that point, it might go up to I guess at least $15, but I hope way more. It would instill confidence to investors that management will stick by their goals. But with less than 2 weeks left, this is too close. I also think that offering (& advertising) SMS text and app-to-app texting will deliver a boost in subscribers and sales. It could explode, but maybe investors won't notice until 1Q results are made public.
If there was a professional press release from a publication who sees this as a potential Whatsapp replacement, with some real quantitative results proving it, you could see a buying frenzy. Quite frankly, I'm not convinced management and the board have that vision right now, but if they really want to, they can make it happen.
I think the shorts are gone for 2 reasons. 1 - The stock price is at a record low hovering near cash value + future subscription revenue. It can't go any lower. 2 - It's possible the shorts were doing a lot of naked shorting and don't want to risk getting caught. (The shorts could easily get caught if any little piece of positive news like SMS texting is released, lifting the stock price in a big way). And you're right - I think this company should buy NetTalk also.
Lionel of course I get it. Sadly I think the investors get it and that reflects the marketplace. If the board wants to exercise their rights, I hope they do; they need only to point to the stock price and investor sentiment. Nobody really cares what I or anyone else says on here.
Lionel the team has yet to win a game, ticket prices are down, player salaries are up, and fans aren't watching the games. When the team starts winning games, the fans might start showing up again. This is not a joke, but if it was, I don't write the jokes, I just tell them.
I think the investors at large have also set a low bar in value for the company as a result in their performance in lack of SMS and other deliverables. I think there's been way too much focus on marketing rather than R&D. So I guess you can say I disagree with Tilson. JMO.
Strange that he said launching outgoing texts to any mobile # in the US, but not worldwide. If they want, they could offer international SMS texting for additional fees. I hope that's where they are going. Major problem if SMS texting doesn't happen.
Confused lionel. Do you mean imminent news is unlikely today? Or likely today? I did notice you said anticipating 'texting' and not 'SMS texting'. Well I'm hoping for the best. Both app to app texting and SMS texting.
MJ is already selling prepay cards for $5/mth of service. So they are already gaining experience with what it takes to support & service customers in a monthly model.
It's positively amazing to read the 8-K. I also read this -
"If the initial launch in Mexico is successful, the Company plans an accelerated rollout of products in Central and South America, subject to completing country specific agreements with Telefonica for each market."
- More steps in the right direction. Also, the MagicJack App America is a monthly subscription service, which will be a new revenue source. Good stuff.
Lionel if MJ+ is beinig phased out, I hope it will be replaced with maybe a MJ GO+. As silly as that sounds, here's why I suggest. I tried the MJ Go, but sadly, being honest, I returned it. The reason why is because I use a MJ+ for my whole house telephone wiring by plugging it directly into my router and a wall jack. But when using the MJ Go, the company only suggests the telephone line should be a maximum of 10 feet. So, granted the way I use my MJ is probably rare, it is what it is. I've been a positive long investor for a long time, and I'm not saying I'm giving up, but I live in reality; the global SMS text is a real issue, and so are some others.
It really should be around $5/share if you really consider the subscriber rates and annual renewals, etc. There are millions of subscribers that will continue to subscribe for the years to come. You have to factor that in somehow. Someone else pointed to the $5/share amount based on churn rate and current subscriber base I guess a few months ago. This company is so undervalued because maybe investors are looking to closely at the finer details like saying it's $1 in equity, but not seeing how millions will still continue to renew annually. Or once they deliver global SMS and all these other new MJ app features, you could see a flood of demand for the device, attributable to the MJ app, that this company can develop.
If the value drops to $4 share, I guarantee someone would buy this company because in truth it's cheaper than book value. There are many companies who would buy the company to obtain the rights to the phone numbers alone.
I'm sensing a buyout. Management could be silent because if you look at the current cash on hand, it's really priced at around $5/share, right? It almost forces a buyout if the stock price gets as low as that. And, on top of that, future revenue of any investment is guaranteed profits by the existing subscriber base.
I have been critical in the past. I do see Mexico bringing about a little turnaround as well, but yeah, not like global SMS texting would. I have looked at the Mexico magicApp page, and I don't see SMS texting in the description; only App to App texting + video, etc. So what? That makes it no different than other peer to peer apps. If they offered that plus global SMS texting, then you'd see things take off. But now I don't. I don't really care or wonder if Lionel is an insider or not. I'm just saying not having global SMS texting appears to be missing based on the Mexico app, and it's a big let down if true.
iluvbush...yes I see you on here. I don't get what has happened to your opinions on here suddenly turning somewhat positive. I rarely see eye to eye with you, but regarding SMS texting, it seems we have a common opinion.
P.S. - Just imagine how many MJs would be flying off the shelves if they offered free/unlimited SMS domestic and international texting, even if for a 6 month limited time. They would be sold out everywhere. Someone with that kind of vision could do a buyout of this company by surprise so quick, and it would not surprise me. If you think I'm wrong, this is a good forum to say something.