I have you on ignore but your "paled out" posts cloud the board at all times. You are still going to be looking for size one day while you are being cared for in a nursing or rest home. Please, take a bloomin' vacation for a year or so away from this board; use a straitjacket if necessary....or at least try something to curtail the incessant postings of repetitive babble. I just kept thinking you would eventually get bored with it but literally after years of it non-stop, clearly you cannot stop yourself without taking some serious step(s).
Also, I don't think you realize that if you posted normally, you wouldn't be alienated at all. But perhaps you actually have some warped desire for disdain....that is, just to be so obnoxious that you enjoy the trimmings of alienating yourself; cause that's what you've done. You just didn't act like this a decade ago when I first encountered you on the message board.....in fact on this same company when the symbol was IFO. Seeing your habitual posts here nowadays is a major turn-off. If you really do own IFON at all, you are just shooting yourself in the foot day after day by acting like a nut job. It has to have turned some passersby away from checking out IFON further.
Since you were not this way a decade ago, I'm not sure whether this is a warped fantasy for you or you really have gone off the deep end.
Please stop making a fool out of yourself. Again, if you can't, find somebody that can restrain you.
I hate to say it...but I'd rather read a bashing post from a short than to agonize over seeing another heading about looking for size.
RCKY needs to just show continued improvement to achieve the 25 level and better. Outlook drives prices. IMO, the performance of the past 2 quarters coupled with management comments that a little top line growth will translate into big eps growth is bullish enough to move RCKY higher.
Charts just reflect momentary sentiment. Clearly the sentiment is bearish. However, IMO, it is exactly when sentiment conflicts with fundamental value and the outlook that I'm interested in acting against the existing sentiment.
I don't blame you for not trying to trade but I'm just contributing that sentiment and reality are 2 very different things with the stock market at a "given moment" in time. They tend to align better "over" time.
There certainly has been some persistent selling pressure; I've surely been wrong before but feel very good with RCKY for at least the remainder of this calendar year.
This last thought is for the thumbs down person who follows me from IFON. It's flattering that my posts are this important to you and letting me know that has actually emboldened me to contribute more in the way of opinions whereas I had been posting less and less. While I'm not the only poster from IFON done this way and can't speak for others, I just know it encourages me to express my views more often.....not less. You obviously feel intimidated by posts and can do nothing but respond with your thumb-filled hands. I noted 5 thumbs all at once earlier....(they all came the exact same minute......that's revealing too. Thanks....I intend to keep rubbing you the wrong way, especially over at IFON.
I don't see any real selling conviction. The volume is not gargantuan on this kind of drop again today. But there is persistent selling. An earlier market order I made picked up the low of 18.41 at that time and I just put in another market order when the bid was 18.34 and was filled at 18.30. I don't typically ever do this, especially on a thinly traded company, but I've noted today getting a better price with market orders; rather strange. IMO, this thing will easily return to the 20s. When it does, my trading position is going to reap a windfall. I keep reminding myself of the metrics on RCKY company and the decision falls in line. I'll leave it for west until the price is looking better. Best to longs. IMO, Hopeful
for clarity due to grammatical ineptness in my last post....."I believe I'm going to trade out of these additional shares I"VE ACQUIRED RECENTLY IN THE 18s at a very decent profit......"
You are like clockwork; I was watching for you to post given the pullback again, but knowing you would be bashing and not buying (like you should be doing....you sure have had ample chances in the mid 18s now); after 7downdays it did bounce hard Friday as I expected; but I don't think it has finished establishing a flatlining it needs to after collapsing into the 18s. I continue to add when it gets to the 18.50 level and actually got 200 more at the low thus far today of 18.41. Once this flatlining ends, I'm laying myself out there saying what I think.....laying myself out there in that my opinions are backed with monetary decisions. I believe I'm going to trade out of these additional shares in the 18s at a very decent profit over the next few weeks again....and still have a healthy core position to experience the stock price improvement that comes from a company with a strong equity position (over 18 per share), paying a dividend (just raised), and with an improving eps outlook. The selling is contrary to value so I'm contrary to the selling.
P.S. Be sure and post about us cheerleaders when it's heading past 20 again....okay, now??
The subject line of my post is not indicative of my perspective on the stock price reaction to Darren's comments about Rockband 4 and MCZ. I mean, have you ever witnessed a CEO's euphoria so disregarded?
Darren has publicly stated that MCZ is in front of its best opportunity ever and that RB4 will generate more revenue with equivalent gross margins with RB3. Yet the stock price reveals that market participants continue to completely disregard the public remarks as though they are poppycock.
We are well within 6 months of the planned launch of RB4. Stock prices react even further out than this to news that is likely to very significantly impact operating performance in a positive way.
IMO, as others have stated, the next quarter is completely meaningless now. I'm just wondering how much longer the public remarks from MCZ regarding RB4's significance to MCZ will be ignored.
A miserable lack of success of RB4 is being priced in. However, there's no way that such a conclusion of failure can possibly be made at this point. Again, it even disregards statements recently made by Darren that will get him in a lot of hot water if they don't ring true.....especially after all the missteps of the past. Never have I heard Darren sound so certain or make such concise remarks about what a deal means to the financial performance as he has sounded toward RB4 in the recent investor conference presentation.
I figure MCZ's stock price is going to wake up from a long winter's nap and come to its senses relative to the provocative projections of Darren.
Yes, I think we are about to make some strong returns on our investments, friend. We can talk about both, I think. Have a good weekend.
Steve, Thanks. I can get under the short's skin with the best of them. They chased me over to RCKY today, playing with their little thumbs. Can you believe that? The IFON shorts are losing it, IMO.
You are a hoot. Insiders are incapable of running a company (= dumb) but smart enought to recognize this and sell their stock, knowing they can't keep growing anything. Quite the oxymoron. Can't you just hear them at the boardroom table...."It's like that westnash fellow says, we can't do anything right so we better sell our stock on this anomalous spat of good luck before we run this joint into the ground again."
West, you might work along side those insiders very well, you know.
And you clearly passed on a third opportunity given today to buy shares at 18.50 or lower. Based on the timing of your post, I'm guessing that's about where the share price was when you wrote. Instead of writing, you could have been acting on an opportunity, IMO.
One more item in the chronology...
-shorts show visible evidence of greater and greater desperation by resorting to message board's child's play in the absence of an ability to counter the long case for IFON
-ifo (becomes ifon) builds distribution business to almost 300M in annual revenue under J. Ram
-stock price runs from $2 to $34 (pre-split)
-Argentine tariff of 30% kills distribution business; revenue collapses into single digit millions
-cash from good times managed well, leaving very healthy balance sheet...very liquid
-when distribution business ends, Ram immediately transitions focus to verykool phone business
-cash is meticulously used to build new business.....low burn rate with minimal operating losses
-verykool achieves breakeven and profitability without losing balance sheet flexibility....amazing feat
-credit line is attained
-business transitions to more high-end smartphones
-credit line is doubled
-growth accelerates again
-more direct sales leads to shorter cash cycle
-shelf is announced
-credit terms are relaxed
What's next?? If you are not on the long side of IFON, you are kicking against a spiked wall with your bare feet, IMO.
going to look real dumb or real smart......I added a few for trading starting in the lower 20s.....got more aggressive in the 19s and then added 5k altogether in the middish 18s. I just think the selling pressure is going to release and give us a very good turnaround soon. RCKY is a very solid company and I don't see a much better opportunity in this market at this time. I'm not going to post again for a spell on RCKY and see what's next. Best wishes to you and longs here.
RCKY has been great for holding a core and trading. Volatility gives opportunity. This thing will go up for 6 or 7 days in a row and then go south for a string of days. This pattern allows for good trades. I've found over the years that stocks rarely fail to ricochet after 7 days of going in one direction, absent significant additional news. FWIW.
That said, we are probably purging the last of the willing sellers from the cost basis in the 14 area...who are now "scared" of seeing the last of profits evaporate. A new host of owners are in their place IMO, enabling us to have consolidated the big move from the 14s to the 23 level. IMO, we will soon be solidly advancing again and I look forward to us taking out the former high given that the PEG is significantly under the neutral 1.0 rating. Don't forget to trade some along the way.
Fab, I meant KINS....it does look intriguing. You mentioned a while back and I missed but am looking hard at it now. Thanks. BTW, even as cheap as it is, I did just sell some SGMA shares I picked up in the 5s and 6s just a few months ago to see if I can make a trade (get them again some lower) since it will be into July before SGMA will report again. Thanks, pal.
If one is to trade RCKY, IMO, it is setting up for a good trade. Selling pressure has been pretty relentless since May 12. The only thing transpiring since then really has been a recall on some boots intended to protect against snake bites and an increase to the dividend....one bad....one good.
I said I would add no more trading shares but did pick up another 1k just now at approximately 18.60.
The book value is 18.40, majority is tangible; current ratio is over 7 to 1. The company is highly solvent with a great working capital position....great financial flexibility. The equity position makes RCKY a very deep value stock here in the 18s too. Complement that with recent eps growth and projected forward growth to the bottom line of 20% for the coming year....we have ourselves a very cheap stock price.
I'm just throwing the trading share idea out especially today. I've invested for years. Whenever I've seen a long string of up days or down days without any salient news....nothing changed fundamentally, the relentless selling or buying pressure, as the case may be, is virtually always followed by a good trade betting on the other side.
We'll see but this is my thinking.
P.S.....and you would have gotten more aggressive in adding trading shares in the lower to mid 18s as I did yesterday if you were "fully" as dumb as me. Alas, but you are smart, so you would find this a good time to be selling. In a few weeks you won't be posting again but quiet, just as you have each time RCKY has gone on a tear since it finally erupted from the doldrums of 14 bucks a share. IMO.
I'm not...LOL. I've made a mint on trading profits here already....but am not smart enough to sell out my core....no I"m not! If you were half as dumb as I am, you would but some while it's down here in the 19 area, IMO.