2015 would have been down regardless due to VMS moving towards a SaaS sales model, but obviously not as much.
I don't understand why they don't take the offers to sell the business coming their way
cash flow is higher than that. GAAP EPS includes things like stock based compensation, depreciation, amortization. Plus that quarter is historically their worst. The current quarter is the best. They typically add cash Jan-June, and burn cash July-Dec. So this is the low point.
Selling now is selling at the low point in the cycle. Having said that, it is a thinly traded stock and if a large holder wants out, it can have a big impact on the share price.
on L2. You should get that.
Yes, the insiders have been overpaid since Day 1. I have called for a 10%-20% executive pay cut for a while now. They did say no bonuses until they get to break even so their pay is cut by about $100K each.
I'm pretty sure any large seller would call Miller first and ask to do a pre-arranged trade. that we haven't seen that says the large holders are holding
everyday I see the large buy orders at $3.75 from Lloyd Miller. Yes it sux that we have no news or excitement, but where is the downside? No downside, potential to move upwards, very few shares available to trade, I'll hold and see the numbers
paid over a 41% combined tax rate last quarter vs 39% last year. Absurdly high tax rates. Something is wrong with the tax laws in this country.
they are currently the Vintage coin leader with over 70% of the market share. NGC has about 70% of the Modern market. PCGS has put new programs in place in 2016 and is attempting to become the Modern coin market leader as well. This explains the heavy volume so far this year. This can have huge negative effects for NGC. Everyone prefers PCGS but NGC was just better on price for Moderns. PCGS is more expensive for Vintage and still has the larger market share. I assume PCGs lowered bulk tiers for Moderns to be more competitive. Lets see what NGC does.
said on their Conf Call that they have new programs in place in 2016 for Modern coins and are attempting to capture Modern market share and become the market leader. Currently at 30%+ of Moderns and 70% of Vintage. China is up 18% in the current fiscal year and is 7% of the revenue.
This explains the huge increase in coins so far in 2016 as compared to previous years. Apparently whatever they are doing has increased volumes by 30% so far in 2016.
Also said on Conf Call that Mint anticipates a Football coin next year similar to the Baseball Hall of Fame fame that was wildly popular and gave them record earnings.
I think this is the low point and it is up from here. Unfortunately they really did not say that on the CC so the stock might be under pressure from those that just read headlines. I may pick up another 10K shares if this moves under $14.
says you. By definition the company is insolvent. $13B+ in debt with little cash. The debt is backed by used cars of dubious value. Avis has declared BK already in its history and probably will again.
52K+ 2016 silver eagles graded already in first 5 weeks of 2016. Graded 42K all of 2015.
2016 is 30th anniversary of silver eagles. I imagine 2016 with this special label will generate huge interest.
Already at almost 300K coins this current quarter. 30 day coin cert rate is at all-time RECORD levels right now. Things are humming along. I suspect last quarter was pretty much the same as 1 year ago quarter but outlook should be really good.
the only countdown is to your incarceration in a psychiatric hospital you fruitloop
Cisco Systems CSCO, +1.18% said Wednesday it intends to acquire Silicon Valley Internet of Things startup Jasper Technologies Inc. for $1.4 billion in cash. Jasper allows companies to manage connected objects through cellular networks with a cloud-based software program, and was valued at $1.4 billion in its most recent round of venture funding, according to The Wall Street Journal. "I am excited about the opportunity for Cisco and Jasper to accelerate how customers recognize the value of the Internet of Things," Cisco Chief Executive Chuck Robbins said in the announcement. Jasper CEO Jahangir Mohammed will helm a new Cisco business unit focused on IoT software, reporting to senior vice president Rowan Trollope. The deal, which also includes assumed equity awards and retention-based incentives, is expected to close in the current fiscal quarter, Cisco said.