decent quarter, improved guidance. Should trend higher. Unless, of course, everyone decides a recession is inevitable and the market retreats.
In any case, KTCC did what it had to do. Now they just have to keep that eps trend going in the right direction for a few more quarters, and then we'll have a nice gain from down here.
places an $11 price target on RCKY. I suppose in part due to the unseasonally warm weather in the earlier part of the winter.
Lets imagine for a second that RCKY comes out with a poor December quarter, and lowered forward guidance. Where could RCKY go in this 'bad case scenario'. Maybe eight?....I'm assuming the market isnt tanking every single day.
So that would mean downside risk isnt too bad. With decent upside.
I havent bought any yet just b/c there have been so many stocks 'on sale' and you cant buy every one. May start accumulating. Not all that easy for me since I dont want to add stock exposure right now, and want to sell an equal amout to buy a stock. Completely loaded up on stocks at least for a short term trade right now, so maybe get a chance to flip some stuff for a quick profit today or tommorrow and pick up some RCKY.
Funny you say that. Most people say margin is too risky, and obviously using margin on an individual account is more risky than not using margin.
However, utlizing margin in your brokerage account can also limit risk. If you conservatively place a good chunk of cash in a separate bank account...in a CD or something, so it cant easily be accessed and transferred. While at the same time using margin in your brokerage account. Some may say this doesnt make much sense...paying margin fees for no reason...but it lowers your risk by essentially putting a limit stop order on your entire account, so if/when your brokerage account value drops precipitously (perhaps in response to a huge market downturn), you are forced by the broker to raise cash and make quick decisions on what to sell, so you cant simply average down mindlessly (perhaps).
westy, those $15 shares you picked up a few months back dont exactly make you seem too smart. I'm still looking for that entry. Weather has been pretty poor so as I mentioned way back when, q4 looks like it may be light.
...I guess the good news is I didnt average down much. Did some more research, and its a hard company to understand well. Anyways, I'm not adding at the moment, but at $8.30, I'll hold for the moment.
and $1.22 a short while back. Not a large position, but based on last quarter, and the quarter before that, ELTK is certainly cheap. Very strong balance sheet as well. I think this stock should move higher into earnings. And if they have another solid quarter in December, then ELTK probably deserves a '2' as its first digit.
uringuy, could get there...who knows. But I think when NAII posts December earnings, they will be lower sequentially in revenue and eps, pressuring the stock to below where its trading now.
I know NHTC, it certainly is a momo stock.....with huge moves. But, imo, its basically a scammy Chinese stock, formed in a reverse merger.
While I think NAII is fully valued, I certainly like it, fundamentally, more than that Chinese NHTC stuff.
Of course, thats just me. Many ways to skin that cat, and I suppose some do well trading NHTC type stuff in their portfolio.
management have certainly proved to be underwhelming, but at this level, its a decent buy.
.....in the mid tens. Obvsiously huge momentum, hope it heads higher. Have been averaged in as mentioned here, at just under six bucks after buying into their q2 earnings report starting in August....so grabbed the 75% gain on those shares.
IMO, NAII deserves a somewhat lower than average p/e, due to its extreme customer concentration, and its history of lower valuation. And at current levels we are near a 15 p/e based on anualizing last quarters earnings. However, I don't think anyone has a real good idea on what next quarter will bring....it seems to me last quarter strength could have been more related to the lumpiness of their sales and one time ordering than anything else. So I do not expect earnings to increase sequentially, (I think it will decrease), while the share price seems to expect more earnings strength.
Anyways, I sold half, and will sell more, probably all prior to earnings. I could be wrong, but certainly if NAII strength continues, I think holding into the December earnings report is risky. Flip side is lots of momo, so who knows.
in the $2.80 US dollar neighborhood. Tremendous growth in a fairly sexy area......and w/o the one time charge they woulda made what, .10 canadian or .075 US last quarter. Not bad with that huge growth.
$9.20. Earnings should be strong, and imo, the selloff is unwarranted and perhaps tax loss sale related. I see a strong move up shortly. Plus, its an SSk pick.
So the did a nice job on costs, of course the flip side is the sales were below expectations.....Brazil hurt them the most according to the q.
Earnings announced were .15/share, but "during the current quarter, EEI recorded a valuation allowance of $0.9 million as a reduction of deferred tax assets and an addition to income tax expense related to its Brazilian operations. This valuation allowance reduced our earnings per share by $0.18 during the current quarter"
So earnings were .15/share plus the one time charge of .18/share = .33/share for the quarter.
I think that's correct....so earnings wise, it looks like a pretty strong quarter.