just out....revenue yoy up; good margin improvement; Mexican operations started on small scale to continue the ramp there; body camera prospects sound pretty good too, IMO.
P.S. Josh, the irony of this board.....your last post was appreciated. It got a thumbs up from me. I really believe this thumbs business is about confusion and division. Yet, the stock is going to do what it's going to do each next trading day and those of us real with ourselves realize all we have are opinions and words.
First, I'm the king of "wordy" posts. LOL. Thanks for the thoughts on IFON.
IMO, Anabolic is the only one who truly pumps IFON chronically. The rest of us have opinions. IFON is a stock that will give opinions all over the proverbial landscape because as you aptly point out, it is one of the most volatile stocks one will ever see.
You clearly describe yourself as a trader. I try to invest in businesses, seeing myself as an owner; we are of different mindsets but we can both do well in a company like IFON. As to $40, talking of something like that is completely outlandish here. Where's that ledge??
As to you latter remarks, I'm stumped too as to why IFON has not progressed much more after this report....but I'm sticking with the business. A year ago when it flew into the 4s, the business was just starting to turn a corner (clear in retrospect now). Going that high was way premature. Anabolic gave me the what for for my stating that I was selling my shares then in the upper 3s. That's when he went to my ignore setting. I've also enjoyed IFON's volatility....the stock that keeps giving new opportunities, regardless of whether a trader or investor.
IMO, IFON has more than earned its present stock price. An investor tries to buy low and sell high. My efforts are focused on defining "high" right now. Using the PEG ratio theory, I come up with my position to hold on to my IFON shares.
Best and IMO,
Anyone can check and see this is your first post under the board name joshuainohio. You don't add credibility that way. Perhaps some of my posts are idiotic; in fact, I've felt that way myself about some things I've written from time to time. But you are showing yourself in more ways than just by saying this with your first post ever. You are showing yourself by disregarding the FACT that many good posts here by many good posters are being assaulted by thumbs down. So, while trying to say you offer a legitimate thumbs down (you should by all means when you honestly feel that way), you can't be foolish enough to disregard what is an obvious strategy against the good posts of others here, even if you want to single me out.
I can live with being an idiot sometimes; taking yourself seriously is for the birds!! If you haven't figured that one out yet about life, I'm sorry. I actually thought the mirror comment in light of what's going on here on the board was pretty funny, appropriate and pointed at lightening things up.....and I can look at myself in the mirror knowing, that after posting for over 15 years under the same board name, I've not purposely attempted to slander anyone over something as foolish as a stock opinion. You won't get a thumbs down from me either. I'm sure the clan here now will high five you, though.
BTW, what are your thoughts on IFON since most of us have been trying to discuss all the good news going on with the company?
Well, Prime, maybe we should be honored. If it's true, you can look at that passel of thumbs you received as meaning you are a poster they have concern over with regard to the importance of what you write. The more thumbs down, the more they see the merits of one's posts. All I know is that you and I would rather look in the mirror and say to our spouse, "hey, guess what, IFON has gone up 125% over recent weeks."
I think they get paid per thumb, cjc....LOL. Whether today or in coming days, IFON looks poised to take off. Thumbs going south.....IFON going north!! So, who is making the money on the thumbs?? Can you imagine a person at night looking in the mirror at self and telling the spouse..."I worked so hard....I gave 300 thumbs down today, honey.....and the durn stock still went up!"
Trying to make a point with you does not show your foolishness, but mine. Your posting history is here unless you've removed it. I don't think you'll find a soul who has read but several of your posts who believes you have the slightest favorable interest in RCKY. How I let myself get into a discussion again with a soft basher.....I'm disappointed with myself. Carry on with your strange mission here. I wish it was different because I enjoy good conversation but your interest here supersedes building camaraderie. It's not in common with anyone who is a genuine RCKY investor (at any price, IMO).
IFON shorts chasing me over to the RCKY board.....let's see would I rather have a portfolio of stocks going up and with thumbs down or vice versa???? LOL. Please, keep those thumbs comin!! I'm liking my portfolio results!! It seems the more this happens, the better my portfolio performs. I'll take it! :-))
P.S. What I'm saying is that aren't you willing to acknowledge your own honest sentiment on RCKY? I've not read one single post from the 12s to the 22s where you stated you thought RCKY was a good investment....not one. I dead read posts when it was in the 13s where you asked "are the 12s next?" This was not even 9 months ago....haven't looked but maybe considerably less.
The only smart investor in your view is one that is "out" of RCKY.
RCKY has already made you look really foolish since I've been around and IMO it's going to make you look considerably more foolish yet. A smart investor invests in good opportunities. I also congratulate Frau on making good money here and all others who have; RCKY has been good to many now; but you were saying it would be smart to take profits 2 quarters back when it jumped into the 16s.....that would NOT have been smart. IMO, RCKY is going to even show that an investment in the 20 and 21 area is a smart investment too. You don't sell your winners. RCKY is not showing signs of a deteriorating outlook. When that happens, it's clearly not a good investment any longer. Currently, it is showing growth in earnings ahead.
I'll bet you don't give me a pat on the back. I bought aggressively on top of what I had already right after earnings the quarter before last, added in the 15s....as high as 17....posted it on the board real-time. I sold a fair portion in the 22s, sustaining a good core....also posted on the board when I did that. Repurchased aggressively after the last report, in low 20s, down to mid 19s....also posted here. I sold half on the big jump from 20 well into the 22s (jump occurred in 1 day). I repurchased again below 21 over recent days....all the while keeping a solid position from the 13s and 14s level so as not to miss the boat if it moves to another level. Does this get a pat on the back?? Well, I don't want one.
But the point is that RCKY has been a smart move.....period....and given ample opportunity. I congratulate RCKY management for making me feel smart; I'm just an investor; I don't generate the earnings of the company. Investors love acting sometimes like we deserve the credit for our investments growing. The company, RCKY is performing wonderfully of late and was a gold mine of an opportunity while it languished in the 14s before the operating performance improved significantly and brought RCKY stock deserved attention, IMO.
Finally, you clearly pick certain days to post things of a certain nature. For example, this congratulations speech again, when RCKY pulled back. How do you feel about the solid price performance of the stock today??....and RCKY has performed great on some bad stock market days too!
IMO, your post will look silly on some of the days to come. RCKY is clearly basing higher now for further increase, IMO. Why don't you repost your congrats later on when RCKY is high enough the congrats won't carry any meaning? I'm confident you will have conveniently found another route for portraying RCKY as a foolish investment.
For me, I've experienced what you've missed, and for what good reason???
then, I don't have anything much to add for a spell, I don't think.
Unless something radically changes with how IFON's business has been strengthening, there's no basis for any volume happening below current share price. I'm really very surprised that it's this low. But, if pushed lower, it just becomes more of a screaming buy and starts attracting everyone and his/her neighbor.
Conversely, volume happening will most likely trigger aggressive buying and significantly higher share prices.....IMO, again, significantly.
Negative eps numbers to breakevenish to .05 and .04....to .07?? to .10?? to ???? If this business keeps doing the right things like it has...wow!! I really think most realize that if one is looking for a potentially profitable investment, IFON is one for consideration. I also believe it's the mindset among longs and shorts here. The problem for shorts is that they make money when a stock goes down.....a real dilemma here, IMO.
I don't usually predict anything because it's usually proves foolish, but this time I'll make exception. Give it two weeks and this board will change because IFON's price is going to change it. I think when volume shows up, price is going to blow up.
2.27 was the close on Wednesday of last week. The lowest IFON traded after earnings was 2.31 the next day and since.....until this morning where it swooped down (probably taking out a few stop losses) on miniscule volume and closed the gap. Now that the gap is closed, what else can be an excuse??? Buyers could not participate much there nor could shorts get many covered at this volume level.
As to short count, it's going down right now, IMO. The shares borrowed from my account have vacillated up and down like IFON's stock price for months.....but almost all have once again been returned as of today. It has dropped over the days since earnings too. Assuming my account is representative of the population of accounts from which shorts are borrowing, the shorts are covering.
Are you a nut?? Ana has been here over a decade. That's quite a while to play a game. I have almost puked over the his shameless postings ad nauseum....I totally agree with you there; all us longs are sick and tired of it; it ruins the board; in fact that's one thing all shorts and longs have in common, for sure.... but puking IFON.....you are nuts.
Can't you separate between a perpetual nutty poster and a good stock investment?? You must definitely be short IFON to come up with this. One might be suspicious that A4 is playing some kind of game if he/she has only been following IFON since the company became appealing again last year early after a long time of being in a total funk after the distribution business collapsed. But I've owned IFON off and on for years....and checked the board off and on during that time. Ana's been here every time I've looked over those years, and is always clubbing. Just check with his arch nemesis A4 boardb.... who has also been ever-present, giving Ana the well-deserved what-for for years. Man, you are giving A4 way too much credit....but I think you know it and are just acting like a desperate short.
This board, including myself, is full of opinions. The only important thing is what an opinion is based on.....facts or otherwise. If you go with facts, you can only arrive at one opinion on IFON. If you go "otherwise," too bad. IFON has already shown it's volatile price-wise. But dumb conspiracy talk is not going to hold IFON back. Personally, the longer it takes to advance, it's giving newcomers a great opportunity, IMO.
P.S. As an afterthought to my post, I realize how ridiculous and futile posting it is, but I've spent the time writing it.....so....FWIW
P.S. have you notice how longs are reacting? A short posts something and none of us feel compelled to react....they (actually probably a couple of shorts with other names to multiply the count) give themselves the same big count of thumbs up that they give others as thumbs down to defensible and positive posts on IFON's business performance. Yet longs just ignore it....obvious in that longs don't feel the need to thumbs down the short's posts. In other words, this again, to me, is extremely bullish with regard with where the true sentiment about IFON's future stands. I've seen some short squeezes coming before but never has one seemed this obvious. When it hits, the thumbs will suddenly go numb. Clearly, I'm excited about InfoSonics now.....more optimistic than at anytime over the past year+ since it all started. This company has taken it to another proverbial level.
Signing off today; have a good one.
Thanks, MC....never seen shorts sweat like this before.....been investing for years, but this takes the cake; they have no come back, just thumbs.....if there was something negative to say, they'd say it; but the cat's got their tongue. They understand the predicament better than anyone, IMO, but some seem to be in denial. I mean they can say...."look, the price hasn't gone anywhere "yet." But they can't argue a case for the stock being overvalued or fairly valued. The case is clearly for deeply, deeply undervalued.
It seems obvious that they desperately don't want people reading posts that rationally defend the situation relative to InfoSonics as a stock investment here in the mid 2s. But actually, IFON does not need defending. I think what they are literally praying for is for no big buyers to suddenly step in.....they want to get it a tad lower and tiptoe out of this debacle they have themselves in. That's my opinion.
....those short thumbs down took but a flash....meaning you are pasted to your computer; play it your way; in fact, IMO, it's in the best interest of entrenched longs if you do work against the grain of rational thinking (simply ignore the facts plain as the nose on one's face) here. Just better for us and worse for you!
While busy playing with thumbs, the rational behavior is to wake up and smell the coffee or you're going to literally be toast. Or you can play with your thumbs.....your choice. But later on, you'll wonder why you didn't think this through better. Professional shorts (hedge funds) will figure some way to get out of this dilemma and live to see another day but retail shorts, like retail longs, are the ones who tend to get hurt the most....it's retail investors/shorts that can get badly burned by the games. So, if anyone listens to this opinion among shorts, it's likely to be among retailers.
For a second, consider some facts:
-IFON is growing rapidly while maintaining a stellar balance sheet; that's no easy feat and indicates a great job of financial management by the CFO
-IFON was losing money each quarter until just beyond a year ago.
-IFON next transitioned to breakeven to a percentage of a penny per share from the prior quarterly losses
-IFON then quickly moved to .05 eps 2 quarters ago and .04 in the most recent quarter (seasonally weak qtr)
-The recent eps number reveal a ramp in earnings in the 1000s of percentage point style
-inventory has been ramped up quarter to quarter....and sales have followed higher too
-inventory is substantially higher this latest balance sheet....implies big growth coming based on proven ability of IFON to perform
-U.S. has barely been tapped yet
-stock was already in the 4.60s a year ago; company is much, much stronger now
So, what happens, when eps becomes .07 and .10 in coming quarters and gets compared back to just over breakeven a year ago???
JMO but the facts and the stock price don't align whatsoever. This thing could blow anytime. Longs are unlikely to sell any, unless the funds are needed or their heads are in the sand....again, JMO and FWIW This could prove one of the strongest short squeezes eventually seen in a long time, IMO.