Unfortunately both of you are right. The volatility of this thing is pretty high. I wouldn't be half surprised to see _both_ $20 and $30 in the next month.
I actually sort of appreciate the irrationality that all of the T.A. happy h0rsesh1t injects into the market, because it provides opportunity to people who trade on fundamentals. When it gets as crazy as this, however, it just makes me dizzy!
All stocks go up and down. Most do not display the magnitude of volatility that this one does. When I hear people #$%$ out all kinds of T.A. B.S. to explain it, I get a little scared.
Note that I posted this when we were still in the black (i.e. _before_ the $1 swing to the downside, which even further underscores my point). Could all you silly T.A. people with your "cup and saucer patterns", "wee wee and scrotum patterns", etc. go find another stock to mess around with instead?
Obviously the past 6 months make that look like kind of a naive assumption.
About 20%. Since I bought at an average of $7, it used to be much lower percentage wise. I shed about 2500 shares at 19.30, and I'm beginning to think I should divest some more. At $7 it was an obvious value proposition. At today's wildly fluctuating prices, I'm not so sure what to think. The more I hear people talk about ""quant black-box algorithms", "cup and saucer patterns", #$%$ and balls patterns", etc., the more I think this is all just speculative manipulation, which means it may be time to take my money and run.
I was inclined to hold for a while, but bow you're making me think that it's time to take some profit. I hope there's more to this run than "quant black-box algorithms" and "cup and saucer patterns", as happy horse$h1t like that is usually a sure sign that it's time to get out.
If so, I'm thinking maybe sell on the hype, 'cause I seriously doubt that's happening.
Executives and other "important people" become "members of the board" for other companies all the time. It's just one of the ways that they scratch each other's backs. It usually means getting paid quite a bit to attend a meeting once a month. Do you think that being "on the board" for Apple takes an enormous amount of time out of Al Gore's schedule?
Apple wouldn't buy SWIR for the same reason that it wouldn't buy ARMH. Basically, even if they're using their technology, owning them wouldn't provide much benefit to Apple, and wouldn't fit with SWIR (or ARMH)'s business model very well at all.
2 years + 2 months ago was exactly not "back in the day". You're just mad because what I've said has continued to play itself out as true. I have no idea where SWIR the stock is going, but I know that the company itself will continue to outperform its industry peers.
It's not irrelevant. SWIR was already changing their mindset before they officially became an "M2M company", while NVTL clearly has the mindset that they'll just milk their cash cow until it stops producing milk. I'm sorry if you bought a bunch of NVTL stock without knowing this.
Both of these companies were getting into M2M prior to the Wavecom acquisition and SWIR pretty much understood the issues involved (even though the products were primarily for laptops, etc.), while NVTL didn't at all (and according to their field engineers, they weren't really even interested). I don't know why your thick skull won't allow that idea to sink in.
"and could care less about SWIR beyond the module capability and price"
That's not really true. I worked on a very high-volume and price sensitive M2M product. It's true that cost and features are _very_ important, but assuming that those requirements were able to be met, we gave preference to SWIR, because they "got" M2M and were easier to work with when problems came up. I can authoritatively say that NVTL really didn't "get it", and while we evaluated Huawei and other asian "low cost" vendors, we found their products to be unreliable and found them practically impossible to work with.