margin down due to increased sales to channel partners. I'm OK with that. IDSY 2.0 spending was only about $200K. I'm good with that too. Not a terrible report. Actually, OK. I think stock holds where it is. If CC is good, may actually go up a tad.
Also noticed a new airline customer, not named though.
I am pleasantly surprised.
revs could be $11M but due to hiring process people and others who don't actually do anything expenses will be way up and therefore losses way up. IDSY 2.0 is a non-starter.
I will gladly sell at $6 tomorrow
Would make my day. I think I would sell a bunch at that price. Many stocks I follow have come in lately and I think there are some deals. I would gladly be wrong on this price target for tomorrow
no upfront costs, monthly fee only. They are also pushing cellular over satellite to new customers.
IDSY has a small upfront fee of $450/trailer and then a monthly fee. Not sure if this sways customers one way or the other.
Not a big fan of the TMS business unit as margins are small, growth is negligible, and competition is fierce. I would sell it off. They could probably get much more than they paid for it.
not all institutions have reported as they have until 8/14 but so far, net adds are 223K shares added for last quarter. That is more than what insiders sold. I would not be surprised if insiders had pre-arranged deals with funds to buy their shares.
That means that shorting is the manipulative item that is mostly affecting the share price. Shorts added only 40K shares last quarter but have already added 178K shares this quarter (new report out 8/11). Insiders have rules that limit when they can trade during the day (no trading in first or last 30 minutes). Shorts tend to pile on in the last trades of a day to push the stock down
notable adds so far are:
Blackrock 152K shares
Ohio Teachers Pension 31K shares
when their accomplishment section lists deals that add less than $200K/yr, I get suspicious. 800 trucks is a mentionable event?
no slowdown seen
1/2 way through the "slow" quarter and we are still at record rates. The Chicago ANA is seeing fights/riots/arrests over people waiting in line to buy coins. Who said coins are boring?
you could argue he needs to make a better case for IDSY 2.0. Are large clients not deploying in large scale roll outs because IDSY does not have the proper procedures in place? Seems a hard argument to defend. How did WalMart deploy everywhere then? USPS? WalGreen's? Ford?
re Russell, I didn't change my mind. the market didn't care so I sold. The market will not care about some warrant valuation adjustment. You are probably the only person in the world who cares. It's a non-starter
BTW - 800K warrants were exercised in the March qtr leaving only 339K warrants at $1.25. They sold another 812K warrants on April 4 at $3.40
I don't see the charge you are talking about except in the cash flow statement. I think you accounting on this is in error
PCGS Certifies First Six Gold Proof Kennedy Half Dollars
August 5, 2014 By Coin Update
Professional Coin Grading Service (PCGS) has certified the first six dual-dated 1964-2014 Gold Proof Kennedy Half Dollars sold on the opening morning of the American Numismatic Association 2014 Chicago World’s Fair of MoneySM. The first four were each graded PCGS PR70 DCAM, and the other two were graded PCGS PR69 DCAM. PCGS also is receiving submissions of other gold Kennedy proof half dollars purchased by determined buyers.