Nice point about 6X sales. it has become clear that MITK's core business won't support their stock price. It will take profitable revenue from new products for this company to be a good investment.
I hope you are right but for many years it has been predicted that HTCH would be great in 2-3 years. Even today with a nice increase in volume their book value continues to take a big hit. I remember when HTCH was a value play with their book value at more than double their market value. They have had some bad luck and are investing in OIS but even excluding that they have still not delivered. Hopefully the next 2-3 years will be the 2-3 years that they actually deliver.
If buyers aren't interested at this price then how low will it need to go to get support?
At 10% annual growth it will be a couple of years before they have a profit from their suspension business. That even allows for reduced R&D from their OIS business. I think their OIS business is the key to whether HTCH's stock price goes higher in 2015.
I don't see a 11 PE. Forward PE looks like 16 ($14/$.88). 16 PE is fairly high for TA. They don't own many of their locations, their capital spending is high and their earnings history is not stable.
Nice to see it is bouncing back.
I might have to pay a lot more but I will wait until they prove their new products are selling.
80 cents is far from BK prices. Maybe after a 5 for 1 reverse split then it would be a pre BK price. An actual BK price would be almost nothing. Check bond prices to see what people think of WLT's true value.
You would think that even in BK the bonds would be worth more than that. They need to keep their cash to try and survive until coal prices get profitable again.
Probably will be 50 cents soon. Will it hold there for a while or will the price continue dropping to more normal pre bankruptcy prices?
WLT will not survive if coal prices do not turnaround. Outdated book value means nothing if you loss money mining their coal assets.
5 year low is well earned. Just amazing how bad they managed the holiday. Buyout potential and book value are the only things keeping the stock price as high as it is.
Stated inventory app. $78 million. Inventoried at cost. That would be around $100 million in sales value. Not sure how much they would normally have in inventory after Christmas but $78 million looks huge. They didn't mention an inventory write down so they must think their inventory is ok. Of course they just missed big on their recent past thinking.