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Sport Chalet AŞ Message Board

fabulouspoodle 49 posts  |  Last Activity: 12 minutes ago Member since: Apr 7, 1999
  • Reply to

    Still

    by hogryder2000 2 hours 29 minutes ago
    fabulouspoodle fabulouspoodle 12 minutes ago Flag

    Just as many shares being bought and sold. But when many people say 'there are far more sellers', it really means that the transactions are taking place at the bid, while 'more buyers than sellers', means that transactions are taking place at the ask...imo.

  • fabulouspoodle fabulouspoodle 38 minutes ago Flag

    I think, over the years with dramatic competition in this sector, MCZ products (headsets as an example) have become commoditized, where only a few of the top top brands has any pricing ability. At the same time, competition and customer tastes has forced many to offer more and more skus of similar offerings, increasing costs....in categories that require large unit sales to reach profitability. MCZ's problem is it is living in a flat demand curve environment. I thought RB4 could change things for a short while at least. We'll see.

  • fabulouspoodle fabulouspoodle 51 minutes ago Flag

    ....Bernie is a good man, and I agree 'he's honest and believes firmly in what believes.' Of course the same words could be said for Donald Rumsfeld, but his firm beliefs had disastrous consequences....perhaps like Bernie's would as well.

  • fabulouspoodle fabulouspoodle 56 minutes ago Flag

    You could be right Micro. I really don't know the sector or players that might be interested well enuf, only that peripheral sales have been declining for years (in the sector and at MCZ). For me, I don't like investing in companies solely for the possibility that its value will attract an acquirer...unless it has some sort of amazing balance sheet.

    best.

  • ..do they still make that .08 to .12/share that most think is in the bag (at least till yesterday)? And if they do hit those numbers, how high will this shoot up? At this point, I would imagine any large move towards .50 or more and many holders would luv to lighten or more.

    What would a .06/share quarter mean? To me it probably means that RB 4 kinda failed, and other than a blip to help the March qtr, she's done. And then, imo, there really wouldnt be much reason to hold onto MCZ so long as the price wasnt ridiculously low....sell in the .20's or hold out to see if you get .30 - .40 on some Oculus hype.

    A good quarter, and there's a good chance at getting out at a decent price. A bad quarter, and whats left is a poor performing company with a declining balance sheet, in one of the poorest performing industry groups (gaming peripherals) out there, with a management group in complete disarray.

    ...just four more hours till the show.

  • Reply to

    A few questions I do have....

    by sidneydane 19 hours ago
    fabulouspoodle fabulouspoodle 18 hours ago Flag

    sidney,

    1. I dont think todays events were planned...noone, not the company nor the Stock Exchange wants to halt trading for an extended period intraday. Now maybe there was a discussion between execs and board members for a long time regarding some issues, but it seems like something happened to at minimum accelerate events.

    2. I dont know why they announced the promotions into CEO, CFO and Chief Consul so quickly, except to make this crazy transition a bit less anxious for shareholders, and allay some the concerns that the company was in a state of disarray. I agree that it makes more sense to appoint her in to an interim position, but perhaps she refused to accept any title with interim in front, and they had no other options.

    3. I dont think the two million shares is pertinent. After all, it only totals what, two or three percent of the shares outstanding. That sounds insignificant to me.

    I am often wrong, and could be on everything I wrote above. We do know that more info will be out tomorrow.

  • fabulouspoodle fabulouspoodle Feb 8, 2016 2:17 PM Flag

    have to say I'm kind of impressed by the lack of selling. I it opens up and only one big seller with maybe 3/4 hundred thousand shares, and the rest small stuff. Not that it means anything other than I'm pessimistic.

    Is anyone buying here?

  • fabulouspoodle fabulouspoodle Feb 8, 2016 2:04 PM Flag

    Thats possible, but I've seen lots of tender offers by management that occurred while they were still in place, and the offer was brought to the board. Who knows. Only good thing is the CFO is still there, so that may mean that there were no problems with accounting funkiness.

  • fabulouspoodle fabulouspoodle Feb 8, 2016 12:12 PM Flag

    hope, when I said 'due to funkiness', I meant due to accounting issues that they found as they prepared the 10q. Anyway, I've seen stocks halted for all the issues I mentioned.

  • could be anything. Some WAGS...

    Delay in Earnings release due to some sort of Funkiness (as mentoined by others)
    Health Issue With CEO
    Bank Default Issue
    Possible Buyout
    Big Contract Announcement

  • Reply to

    KTCC/SMT

    by commandor58 Jan 25, 2016 9:21 PM
    fabulouspoodle fabulouspoodle Jan 26, 2016 4:24 PM Flag

    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.

  • Reply to

    This is getting brutal!

    by microcaptrader Jan 19, 2016 11:35 AM
    fabulouspoodle fabulouspoodle Jan 20, 2016 1:42 AM Flag

    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).

    best.

  • Reply to

    Westnash / Blowhard

    by tyerep Dec 28, 2015 10:24 PM
    fabulouspoodle fabulouspoodle Jan 7, 2016 11:29 AM Flag

    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.

    best.

  • ...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.

  • fabulouspoodle by fabulouspoodle Dec 29, 2015 9:57 AM Flag

    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.

    best.

  • Reply to

    I've sold half my position this morning....

    by fabulouspoodle Dec 28, 2015 10:06 AM
    fabulouspoodle fabulouspoodle Dec 28, 2015 6:04 PM Flag

    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.

  • Reply to

    I've sold half my position this morning....

    by fabulouspoodle Dec 28, 2015 10:06 AM
    fabulouspoodle fabulouspoodle Dec 28, 2015 6:02 PM Flag

    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.

  • fabulouspoodle by fabulouspoodle Dec 28, 2015 5:53 PM Flag

    but I've been a buyer around $1.0 - $1.84 in December as a tax loss selling purchase.

  • ..but I've been a buyer around $7.00 in December.

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