the sweet spot to buy out at is $5.70 as that puts a ton of insider options out of the money
Yes, IDSY shareholders would take $6 now. This is literally the gang that can't shoot straight. Converting inventory to cash is a one time deal and gets them through year end. They will surely get a GOING CONCERN in their 10K.
First of many I am sure
Stock analysts at Cowen and Company decreased their price objective on shares of I.D. Systems (NASDAQ:IDSY) from $8.50 to $6.75 in a research report issued to clients and investors on Tuesday. The firm presently has an “outperform” rating on the stock. Cowen and Company’s price target would suggest a potential upside of 25.70% from the company’s current price.
Shorts will compare this to Enron, or Worldcom, or whatever. Bottom line is you can't fake cash flow and cash dividends. Getting that dividend every quarter is validation.
Buybacks are also a validation of the company. Buying below book value is something Warren Buffet is a firm believer in. That is exactly what they have done and intend to do. Cash flow is so strong that they increased the buyback.
Anything else is just noise....and outright lies.
You can't fake cash dividends and buybacks.
This is corporate accounting skippy. Companies have wide leverage with earnings. Why don't you do some good for society for once and write about GS, BAC, or JPM?
In the mean time, take it like a man for once.
hard to believe with the stock down 25% and cash almost gone that they are bothering with these shows.
Is this denial or insanity?
where's my apology from Hickman?
The company actually wrote up investments and had gains.
I am actually thinking of buying a 10K block here, even at these prices
I literally bought at the low point today. My avg is under $9 now.
I can't see this under $10 or $11. With a buyback and short squeeze, $12 is possible