I did buy more. Will keep buying more. The value investors like me are gladly buying these cheap shares. The momo traders are prob selling to move on to chase a stock that's up 30% today. They'll be back buying BOSC when it's jumping to $9.
I take it you didn't cover today? The action has def been on your side this week. You should take advantage while you still can! The thing about a low floater...the action can change in a heartbeat! The market is skyrocketing this week. I'd be VERY worried to be short BOSC or any other low float stock when the broader markets are hitting new highs. We'll see the whole low float group heat up again in the coming days & weeks.
In the meantime, BOSC has strong fundamentals to go with its microscopic float. Huge turnaround last quarter with earnings of .19/share vs. a loss. Revenues were up 16%. Annualized P/E of 15-20 puts the stock at $11.40-$15.20. Stock is already so cheap, and earnings are going to get even better! With less than 1.2M shares, BOSC can post some monster EPS.
We already know Q4 is going to be good. They hadn't announced any orders in 2013 (and Q3 earnings were still .19/share on $6.3M in revenue). Now we have that $500K order announced in October...ALL of which is shipping in Q4. Plus on the CC they said customer demand has increased since the beginning of Q3. I'm guessing Q4 revenues will come in around $7M. Q4 earnings should be around .30/share. Maybe a lot higher with such a tiny share count! Stock will double or more on a .30 quarter. And this is still just the beginning!
BOSC spiked up to the $10's earlier this month when they announced the Q3 turnaround. Since then, we've received 2 other pieces of great news! Last week they announce an $800K order. Their first signficant order in the medical equipment sector. Then this week we hear about Everis now selling BOSC products in Europe & Latin America. Both of these news events will only add to revenues & profits in 2014!
Congrats on the gain.
Hard to argue one point. Stock action sure is poor this week. We get great news today (the 3rd good PR out of BOSC just this month) and the stock might close red. Dow just zoomed up triple digits too. I would have bet BOSC would close up at LEAST 10% today on the news. If not 15-20%.
Not sure why people are willing to give away their shares at this cheap price. Wish I knew what they were buying! There can't be many Nasdaq stocks (especially those with such a tiny float) that have demonstrated not only can they can post strong earnings last quarter...but also have the potential to post much bigger EPS in the coming quarters.
You added to that massive 500 share short position? LOL hope you covered for your 5% gain. Today's news is fantastic. BOSC expanding internationally. And BOSC isn't selling Everis. It's Everis that's selling BOSC products! Don't see how today's news is anything but a huge positive step. Only going to add to revenues & earnings. I bought more shares.
You still don't seem to get it. You're shorting a fundamentally cheap stock with a tiny float and explosive EPS potential. There's so many expensive stocks in this market with a very favorable risk/reward profile. Shorting one like BOSC that has 10% downside vs. 100%+ upside is insane! The next time BOSC runs up to $10, it may not stop. That's when the short squeeze begins. And takes this microfloat stock higher than even the longs on this board think is possible!
Deal with Everis announced today to sell BOSC solutions in Europe & Latin America. So far most of BOSC revenues are from Israel. Now they're expanding internationally!
Stock already cheap in the $7's with earnings of .19/share last quarter. Revenues & earnings only headed higher as the company expands across the globe. EPS can jump dramatically higher with a miniscule 1.2M share count!
Still think shorts here are crazy. See that jump to $8 on air? Wait til the real fireworks begin. $10, $15, $20, etc. Only a matter of time as the fundamentals improve. Throw in a low float hype, and this thing really explodes higher.
Ha an efficient market theory guy? If the market was always right, there would NEVER be an undervalued stock. The market is actually wrong all the time, especially when it comes to microcaps.
I'll let you have the last word. I'm tired of this!
Pumping posts? I must have missed those 1 line posts when I said BOSC to $100!!! GET IN NOW!!!!!!
I think I have clearly laid out why this stock is undervalued and why it's going over $10 again in the coming weeks. Still don't understand who in their right mind would be short here. Haven't seen one logical post yet explaining the short side.
And I'm still waiting for you to show the list of low float stocks that are cheaper than BOSC. Take your time.
Not dead money at all. When you have huge turnaround earnings last quarter sitting there, it's only a matter of time before this one spikes higher. I bought more cheap shares yesterday. I bought more cheap shares today. Would LOVE to get shares in the $6's, but doubt I'll get the chance.
Hope you cover your short soon. Trying to squeeze another 5-10% out of a stock that can rocket up 100%-200% in the coming months makes zero sense to me. I know I couldn't sleep at night. Knowing I could wake up to another order and the stock pushing $10 premarket.
Um duh. Yeah it will add $800K to revenues not profits. But some of that will contribute to earnings. And plenty of small companies can get contracts without having to lowball the bid. It's actually the larger companies that do that!
Do you know how to read an earnings report?? Show me all the low float Nasdaq stocks trading below a 10 P/E! If you can find ONE I will be impressed.
I agree a lot of junk gets pumped on Seeking Alpha and elsewhere that goes up on hype. BOSC on the other hand actually has the earnings to justify its move up! Huge turnaround last quarter with earnings of .19/share. And there's a $500K order announced in October...all of which is shipping in Q4! I'm looking for Q4 earnings of .30+/share.
Then we get that $800K order announced last week, shipping in 2014. With less than 1.2M shares O/S, EPS will climb dramatically on higher revenues. My guess is we'll see a .50 quarter in 2014. Stock will be $20-$30 when that happens. I love a good short as much as the next trader, but to be short a low float stock like BOSC that's already cheap based on earnings last quarter, plus has the potential to post monster EPS in 2014, is just plain crazy!
How in the world do you figure that?? The stock is actually very UNDERvalued. Trading at a P/E of 10 based on last quarters earnings. And the earnings are only going to get better. Possibly much better with a tiny share count under 1.2M.
BOSC earned .19/share in Q3 and had announced no orders in 2013. We now have that $500K order announced in October shipping in Q4. And another $800K in orders announced last week shipping in 2014. Revenues & earnings are headed higher, and additional orders will only cause the numbers here to ramp up even more.
If you think BOSC is overvalued, by all means please list the low float Nasdaq stocks trading at 10 P/E's with the potential to post huge EPS in 2014. I'll be waiting...
I've been adding here too. Can't believe people giving away their shares below $8 after today's great news! BOSC is trading at an annualized P/E of 10 based on Q3 earnings of .19/share. Stock is already cheap! And the earnings are only going to get better. Possibly much better with a tiny share count under 1.2M. We have that $500K order shipping in Q4. And now $800K in orders shipping in 2014. Can anyone else find a low float stock like BOSC that has the potential to post huge EPS in 2014?
While it won't get you a mansion in California, it's huge news for a tiny company like BOSC! That $500K order in October was the first order announced in 2013. Now we have an $800K order announced a couple months later. The momentum seems to be improving. And as the company stated, today's order is also a milestone as it's the first significant orders received in the medical equipment market.
BOSC earned .19/share in Q3 on $6.3M in revenue. And they hadn't announced any orders in Q1, Q2 or Q3. Now the orders are starting to roll in! Revenues are headed higher. I don't think people are yet understanding the EPS power of a company with less than 1.2M shares O/S. EPS can ramp dramatically higher! If BOSC earned .19/share on $6.3M in revenue, they could earn .50 or more on $7-8M in revenue very easily. I'm expecting that to happen in 2014. And when we see a big EPS quarter like that, the stock will be over $20.
Surprised the stock is down on this great news. Stinky market last couple days not helping. But I bought more in the $7's and will continue accumulating cheap shares.
Great news! First significant orders in medical equipment market. Now not only do we have that $500K order giving a boost to Q4 results. We have $800K order that will benefit the beginning of 2014!
What are you smoking? This stock was trading at $5 BEFORE the huge Q3 earnings turnaround. With earnings of .19/share, BOSC is trading at an annualized P/E of 10. The stock's cheap at $8! Could easily trade at a 15-20 P/E with such a tiny float. Please list the Nasdaq stocks you see that trade at lower P/E's than BOSC after a big earnings turnaround. They're probably also worth buying.
Big pop at the open. Then faded. Now rising again. Only wish I'd snagged a few more in the $7's. Looks like we're headed to double digits next week. Thanks to the Seeking Alpha author. Funny he mentioned some of the same points I did. We have a low float stock going up on fundamentals, not hype.
Where's all those shorts today? Did you guys cover yet or are you waiting for higher prices? Tried to tell ya the stock wasn't going back down after they announced a huge earnings turnaround. The Seeking Alpha article had the same price target. With a P/E of 15-20 on the .19 quarter, we're talking a stock price of $11.40-$15.20. I expect it to overshoot that given the microscopic float. And the fact that EPS can ramp up dramatically with only 1.2M shares out.
What fundamentals? DYNT is not only losing money, revenues declined last quarter and losses increased? BOSC is a much better stock. Earnings of .19/share vs. a loss on 16% revenue growth. Sure DYNT has a tiny float like BOSC, but BOSC has already demonstrated they can put up nice EPS.
The shorts still don't get it. They seem to think the stock will go back to where it was trading before BOSC reported the huge earnings turnaround. I guess they don't follow many earnings reports. I read through thousands every quarter. When a company reports a huge earnings improvement, it NEVER just goes back to where it was trading before the numbers!! It's not going back to the $4's. It's not going back to the $5's. The reason why? There's an army of value investors like me ready to scoop up this cheap stock. We'll buy more & more the lower it goes. You were lucky it dropped to the $6's. Should have covered. Because it may drop back to the $6's. Or it could shoot right back up to $10+.
BOSC just earned .19/share in Q3. Multiply that by 4 quarters and apply a modest P/E of 15-20 and you get a stock price of $11.40-$15.20. And that could be greatly exceeded on the upside considering BOSC has less than 1.2M shares outstanding with a microscopic float. And what's really exciting for longs is that Q4 earnings look to be a lot higher than the .19/share just reported in Q3. There's a $500K order announced in October that will ship in Q4. Going to make for another fantastic Q4 comp. If you thought the run from $5 to $10.80 on a .19 quarter was something, wait til you see what happens on a .30-.50 quarter!!
I honestly have no idea what shorts are thinking! I love a great short. This isn't it. In fact, it's a very dangerous short! I mean there's less than 1.2M shares outstanding. Not a float of 1.2M. TOTAL shares under 1.2M! You should never short a stock with such a microscopic share count, even junky stocks with poor fundamentals.
And BOSC just posted a terrific quarter. Q3 earnings of .19/share vs. a loss last year. Q3 revenues up 16%. On the CC, they said customer demand had increased since the beginning of Q3. What does that tell you? And the $500K order announced in Q3 will ship in Q4. There was no such order announcement benefiting Q3. I'm guessing Q4 revenues should be around $7M. With the company's success in streamlining the business this year, we could see earnings of .30-.50/share. It won't take much for BOSC to post quarterly EPS of .50 because there's less than 1.2M shares out. That's why it would be so scary to be short!
In the meantime, those strong Q3 numbers will be sitting there. Any additional order announcements, BOSC flies over $10. Any Seeking Alpha pump pieces, BOSC flies over $10. The risk/reward on the short side makes no sense at all. Maybe the stock drops 10%, but it can zoom up 100%. And it can zoom up VERY fast!
Hilarious that with all the overvalued junk in this overbought market, there's idiots shorting a cheap stock like BOSC that just posted a major earnings turnaround. We're trading at an annualized P/E of 10. And Q4 is going to be even better than Q3! This stock is headed MUCH higher. Have fun covering in the double digits. You'd better hope for a huge market selloff, because that's the only way you'll win here.
So you're saying the huge turnaround earnings in Q3 are meaningless? BOSC trading at an annualized P/E of 10 also meaningless? And what about how Q4 could be a lot better than Q3? They said customer demand increased in Q3 and they've got a $500K order shipping in Q4. My guess is we see revenues near $7M and earnings over .30/share. Please find me ONE stock on Nasdaq that can put up those kind of earnings that trades at the price of BOSC. I'll be waiting!