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SpongeTech Delivery Systems, Inc. Message Board

hoggey1 4 posts  |  Last Activity: Apr 4, 2014 4:30 AM Member since: Mar 31, 2008
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  • Reply to

    Yup Yup Yup!!!

    by maverick9868 Apr 3, 2014 5:19 PM
    hoggey1 hoggey1 Apr 4, 2014 4:30 AM Flag

    Soon has already come and gone since you started your $10 prediction on the stock.

    There was the "That' A Fact Jack...Heading To $10" post on Mar 17

    And the "SWIR Topping Out" post where you added "If that major customer announcement by March 31st were really gonna happen...SWIR heading to $10." on Mar 18

    And the "Keep on dreaming. This one heading to $10 soon" post Mar 22

    The "Heading to $10" post where you boasted: "Told you so....................." Mar 24

    The pithy "Can You Say Ka-Junk!!!!" comment you posted with yet another "Told you so............." boast made by the narcissistic legend (in is own mind) basher, aka maverick9868 on Mar 25

    And the "No major announcement or buyout coming soon. Only major move to $10 cuz neither of these will happen." made Mar 26

    And after a short break, you came out with yet another "soon" prediction: "So Much For Major Announcement...Just watch this one fall to $10 soon." posted Mar 31

    Then your "Yup Yup Yup!!!" yelp, which could explain your problem (fleas?) or your habit of making $10 boasts: "This one's a dead dog alright. Be a buy when it reaches $10 which will be soon."

    We've all been watching. Of course there's no challenge in bashing small company stocks when the indexes are under heavy distribution. Since a stock's move is about 70% correlated to the market, small company stocks like SWIR make all too easy targets for bashers like you.

    The S&P 500 just battled its way out of a correction mode but the NASDAQ Comp continues to struggle while its remains under heavy distribution. The YTD action in the S&P 500 and the NASDAQ in particular, offer valuable insights into SWIR's trading YTD. Both equity indexes, and particularly the COMP, have been under heavy distribution as institutional sellers bail out of the risk trade to wait on the sidelines for the risk from a new Fed Chair to fade away, and for the curtain to finally close on Russia's Crimean/Ukraine drama. As the markets go, so too stocks like SWIR.

    Sentiment: Buy

  • hoggey1 hoggey1 Mar 25, 2014 3:21 PM Flag

    Apparently RIM has high hopes for its Blackberry 10 OS. In other words, it's made a huge bet on this new platform. The OS was built on SW from QNX, which BBRY bot 3-4 years ago. It's my understanding that QNX platforms are ideal for building embedded systems and that the QNX platform is already in Porsche. If the rumors are true about BBRY acquiring SWIR, then I'm guessing that it would be a way for RIM to hedge its bets on the BBRY 10 OS. It has possibilities.

    Sentiment: Buy

  • hoggey1 hoggey1 Mar 25, 2014 2:33 PM Flag

    Actually it makes a lot of sense, especially since both companies are Canadian. It would be a much easier acquisition for BBRY to pull off from the standpoint of all the regulatory hurdles that go with tech/telecom acquisitions. And Blackberry is sitting on over $3b in cash. IMO, it makes perfect sense because BBRY needs to use that cash to reposition its business for top and bottom line growth in the years to come.

    Sentiment: Buy

  • Reply to

    Buyout Rumors are swirling on SWIR

    by wirlesbushub Mar 5, 2014 12:46 PM
    hoggey1 hoggey1 Mar 5, 2014 2:22 PM Flag

    Why would management want to sell this company when their business is on the leading edge of an industry that's expected to grow 23% annually over the next decade. From The Carbon War Room report:

    "By 2020 there will be 12.5 billion internet devices globally, up from 1.3 billion today (Hatton 2012). To put this into perspective, mobile internet use, which is also becoming a part of our daily experience, is growing at only a fraction of the rate of M2M, and the 400 million mobile internet users of 2007 are predicted to grow to two billion users by 2015 (Richmond 2011)."

    "This continued rise in connectivity will not only improve our lives, it will also generate substantial economic benefits. The M2M industry is expected to maintain 23 percent annual growth rates over the next decade, and what is today a $121 billion business will be worth $948 billion by 2020 (Hatton 2012)."

    According to ABI Research, SWIR ranked 3rd in terms of module shipments (2011) but it was the top ranked vendor by M2M revenue.

    http://www.businesswire.com/news/home/20120419006599/en/Cinterion-Leads-M2M-Module-Market-Volume-Sierra#.Uxdy5e-PKUk

    ABI's M2M competitive assessment listed Sierra Wireless and Cinterion as their top ranked vendors...
    http://m2mwire.net/?p=1436

    "USA: In ABI Research’s latest M2M competitive assessment, Sierra Wireless and Cinterion have emerged as top ranked vendors as they not only offer modules but also provide application development services, and professional services backed by implementation experience across several verticals...the Chinese module firms got 6th and 7th place in the assessment.

    "Competing in the M2M embedded module market requires more than shipping lots of modules. Since implementing an M2M communications program is complex...enterprises seek module vendors that can provide platform and service assistance..."

    Also, SWIR mgmt. doesn't appear to own a particularly large stake in the company. So why sell the company now?

    Sentiment: Strong Buy

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