Everybody invests to make money and as much as I hate to admit it I agree with fat Mikey's statement about the quote.
Everyone loses money on some trades, the point is to continually beat the market in the long run.
One of the first things I was taught many years ago when I started investing was that if anyone claimed to have an infallible system for investing, do not walk away, run away, while keeping your hand firmly on your wallet.
In addition ,even though it appears we might have traded the same moves on the stock as I am waiting for it to come back in again to buy, I don't agree 100% on peoples motivations on boards in general.
While this board seems to have a person with some sort of personal axe to grind, on most boards people who bash want the stock to go down in going forward.Conversely people who pump are not people who have already made money on a stock that has risen but are people who want a stock to rise so that they can make money..
On the other hand it is up over 100% since he was named CEO!!!!!!!
Something for haters to think about. ROFLMAO
Stock is flat for y.ear, up ytd
Stock is almost exactly where it was year ago today.
did you get a 100% return yet, remember I got 100% twice on app on the bounces. ROFLMAO
By the way don't post about an almost 40% short term capital gain rate. If you were really eligible for it you would know that the highest rate is 43.4%.
Most investments should be treated in a way to minimize the taxes, but in the small caps with high volatility, it is better to share some of the gain with Uncle Sam than lose it to the market.
Please tell me you are not d**king around on the APP board , continuing to be the ultimate troll and thinking it is somehow your domain.
Oh well, I guess a hobby is a hobby, no matter how foolish.
Wow the king of the liars who is unable to admit when he is obviously. wrong attacking others and calling them names, what a shock.
I only continue to bring up the claim of 7% growth when it was so simple to see how wrong it was, as a perfect example of the board narcissist being unable to see his own short comings.
Now lets take a look at your attempt at optics. Only 31/2 % market penetration, on the bright side growing at 20% with 96.5% of the market to sell to.
Are you trying to sell the potential of the market to potential shareholders fool?
It is so funny watching you twist constantly to cover up or deny your many errors.
My favorite was your doggedly hanging on to you obviously mistaken claim that sales were growing at 7%. HAHAHAHAHAHA
It's a good thing you are not invested either long or short of this stock, with how much you spaz out when the stock rises one could only wonder how poorly you would react if you had money invested.
You really are slow
Not only does the cost not show up but there is no ROI, just depreciation.
Did you and monkey boy pull your little attempt at being smart out of your #$%$.
The fact of the matter is sales are rising and it is coming down to changes in cash flow. It has already been noted that quickstart is better for the cash flow than jumpstart.
I will agree with you on one thing, I am a little surprised that the run up has continued, after all it was you who was crowing the other day about how the stock runs up into the numbers and then drops after the release.
You might want to ask yourself why this quarter was different?
"the QuickStart program is clearly lower margin than either the traditional hardware sales or jump start"
So giving the equipment away (jumpstart)is a higher margin than financing the sale of the equipment?
How does that majic math work?
Wow continuing to try and re-direct like the captain of the high school debate team.
In doing so you have completely forgotten your bs assertion in this post, that somehow the evil and bad Usat had conspired to steal from Polly Purebread aka Coke as opposed to 2 companies not getting the message they should have through their organizations.
USAT failed to get billing to stop the automatic monthly billing
Coke failed to vacate their PO and tell their AP department not to continue paying bills that came in under covered account numbers.
If this was something that did not happen all the time with companies of every ilk your contention of evil going on would not be so preposterous.
Anything to try and re present the old tired narrative blah blah blah
Do not pay attention to rising sales or improving cash flow, they do not matter ROFLMAO
If sales keep rising at a healthy clip this will be a good long term investment, if the growth breaks down it will not be.
No need to try and muddy the water with so much detrius.
Are you sure about who won?
USAT paid back an interest free loan that they had received from coke.
No extra costs were incurred as they did not have to go to court at all.
Sounds like Coke lost money on interest, opportunity cost in having to have in house council draft a letter and hurt their own reputation by being unable to handle their own accounts payable properly.
I have dealt with billing, AP,AR and the of course the preparing of lawsuits on the same side of the aisle as Coke, whereas it does not appear that you have had any experience in this area at all.Of course in the cases that I was dealing with The company that I worked with was in a better position than Coke as they were trying to get paid for in force contracts, not get money back that their AP department paid in error..
No what I am saying is that Coke was so incompetent that it could not figure out it was no longer supposed to pay the bill.
They paid back their bureaucratic slow moving former customer back after they verified the amount in question. I am sure they paid them back and thanked them for the 0% interest loan.
I gather by your response that there was no judgement in the case as it never went to court, what a shocker.
I find it funny that you are fixated on an issue that has already been addressed and taken care of. I think that the 0% bridge loan from Coke until USAT could finish the sales leaseback agreement was very generous. LOL
So what you are saying is that there was no court judgement and as usual , just another attempt at histrionics to mislead investors.
Coke seemed to be unable to stop, maybe they have a drinking problem.
If it were not for incompetence on the part of Coke there would not have been a problem, a bill might have come but it would not have been paid.
You are familiar with how AR and AP departments usually work?
Why might the issue been settled out of court? Big bad USAT kept billing us!!!!!, We were incapable of telling our AP department to stop paying. This type of corporate incompetence happens often.
Why are you trying to make it sound as if someone from big bad USAT went to poor little Coke and threatened them with physical violence until some relented and paid them. ROFLMAO
You are the tool that is parsing statements like a really bad lawyer and have not answered the question. Was there a judgement against USAT and provide the link for everyone to see. otherwise Coke was able to pay a court filing free to file a case and settled with the counter party out of court , just like 99% of disagreements.
What happened to your claim of huge charges, lawyer fees and court costs, look out USAT was going to be in so much trouble.you are such a putz
Was it settled out of court or was there a judgement???
Reach into your wallet, got a few bucks, lucky you if you fill out the paperwork you can go file a lawsuit.
By the way, the first poster here seemed to be trying to make it seem like it was a court ordered settlement.Please post a link to the judgement if it exists.
If it does not,sounds like the 2 parties settled on their own without having to go to court, not that big of a deal to anyone but you.
Honest people would refer to the incompetence of Coke.
They told USAT that they wanted out of the agreement ,but did not tell their own AP department to vacate the PO and stop paying the bill.
If a customer notified me that this had happened, I would verify that the customer requested what they claimed, stop the bills,investigate the total of the overpayment and start putting money aside to pay back the amount overpaid, in addition because of the customers seeming inability to stop making payments i would verify that they had not used out equipment past the end date and move on from there.
From all appearances it seems that this is what they did. In addition it seems that they knew what needed to be paid back and there was no blow back from Coke.
Of course I'm sure they will declare all of the extra money you were claiming that they would have to pay Coke in your posts next quarter. ROFLMAO
690,000 was the exact amount of the money that USAT put aside in the prior 2 quarters for this payment.
Very likely that it was exactly the dollar amount that Coke continued to pay to USAT in error after asking to end the agreement
Thank Coke for the loan last year when USAT needed the money before executing the sale leaseback agreement.
Gross profit down 7.3%, what was it last quarter?
Haven't heard you crow about the margin yet, is that moving back to normal?
Gross down 100 thousand, that means the gross on the new sales was able to cover 760,000 out of the new 860,000 in costs from the sale leasebacks, should that improve as the quarters go on?
-Inventory ,you seem to be trying to mix types to confuse people, the reality is simple, growth in portsinstalled was less than 10% last quarter, there is no need to greatly increase inventory on hand based on those type of numbers.
The unfortunate reality is that I am not benefiting from this run up,
I did not think that the average investor would dig into the numbers to see how well things were going, I though that they would all be like you and point to the cash flow you are crying about here.
Well congrats to all that were holding the stock, maybe I will still be able to get back in on a pull back.