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Infosonics Corp. Message Board

hopeful200 296 posts  |  Last Activity: 16 hours ago Member since: Nov 21, 2000
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  • Reply to

    Open at $1.05 Monday am

    by mikeheffer7 17 hours ago
    hopeful200 hopeful200 16 hours ago Flag

    The only reason this didn't close at a buck today was shorts defending their turf, IMO. It was about to get out of hand fast. IMO, they were shorting like crazy going into the close trying to keep the price from closing at a new high. It closed at .91, a new high, on Monday and at .9101 today.....and that's still .91. So, shorts didn't win or lose on the close. How many noted that trade just after 4 that moved it back from .92 to .9101??.....conveniently happens often with stocks like this where longs/shorts are waging technical war.

    Tie goes to the longs since fundamentals are in their corner. Therefore, I also expect Monday will be big; it may get off to a slow start but I'm expecting AVXL to build buying momentum during the day; if it does start slow, that could be the last opportunity to get in below a buck in a while.

    All IMO,
    Hopeful
    .....

  • Reply to

    Not my intent to pump my pick STLY here,

    by microcaptrader Jul 30, 2015 1:45 PM
    hopeful200 hopeful200 18 hours ago Flag

    ...one more P.S.
    ....it's hard to imagine that, after all his years with KTCC, the CFO would leave Larsen to face the music. It seems more plausible that his exiting right now leave Larsen to start CCs on a high note. JMO.
    Hopeful
    ......

  • Reply to

    Not my intent to pump my pick STLY here,

    by microcaptrader Jul 30, 2015 1:45 PM
    hopeful200 hopeful200 18 hours ago Flag

    Bodybag,
    I doubt it's a red flag seriously in this case. Klawitter will continue to serve on the board and to serve as an adviser. I would guess he was ready to significantly reduce his time commitment and it actually could represent that KTCC's ducks are in a row, meaning a good time for a transition. We'll know soon enough. Also, consider that an executive will inevitably be retiring "before" something whenever it happens. I'm inclined to believe it's a non-event; just the normal course of life.
    IMO, Hopeful
    P.S. Klawitter wouldn't want to hang around if a significant adverse event was behind his decision to retire.....at least, if it was me and I was retiring for a reason like that, I'd completely exit "stage left." Even so, with volume so low, it surely probably explains the price decline; it gives one who is looking to sell an excuse.

  • If this closes near the dollar mark (and we are closing in on that today), I think Monday may be a huge day....I mean huge. IMO,
    Hopeful
    .....

  • Reply to

    Who lit the Fuse!!??

    by grasshopper4980 20 hours ago
    hopeful200 hopeful200 20 hours ago Flag

    I still believe "we ain't seen nuttin' yet!"

  • Reply to

    Dividend Suspension

    by argbnrd 23 hours ago
    hopeful200 hopeful200 20 hours ago Flag

    P.S.
    I do think some oil stocks are probably bottoming right now even though oil may be a ways from bottoming. Stocks tend to turn 6 months or so in advance. I'm not saying the stocks will start going up now, but just slow the rate of decline to a snail's pace. Once they do start going up this time, it could be for good. There will likely yet be some casualties (defaults) in the sector, but those survivors will likely make some patient buyers now wealthy later, IMO. With LNCO, I think, aside from default, about all the bad news imaginable is out in the open. Thus, assuming it weathers the storm, it's getting real attractive here, IMO. Also, when analysts start telling you to sell, you've got to think it may be the exact right time to buy.

    All IMO,
    Hopeful

    ......

  • Reply to

    Dividend Suspension

    by argbnrd 23 hours ago
    hopeful200 hopeful200 21 hours ago Flag

    I bought some LNCO today in the 3.80s for a trade....so, I'm making no bones about my motive. I'd like then to agree with you about your take on the dividend suspension uncertainty. However, I don't believe the paragraph you quoted is in context without the initial paragraph to start the earnings release. It clearly states the the dividend suspension will save the company 459M (I believe was the number) annually. I think the paragraph you quote just highlights that Linn plans to initiate dividends again in the future when things get better....but it's not on the near-term horizon, IMO. This is the right time to "hunker down" and protect your opportunity to prosper greatly once again when the worm (oil, in this case) turns.
    IMO,
    Hopeful
    .....

  • Reply to

    Back to the Technicals

    by lord_of_trades 22 hours ago
    hopeful200 hopeful200 21 hours ago Flag

    My thought......watch for volume to surge.....I think this little pullback is almost history. This recent move is predicated on more that the one you mention from .33 to .46. The results presented last week are the driver now and, IMO, a much, much more significant driver in the bio tech world. This is just a "pause" IMO. A pause is not long-lived either.
    IMO,
    Hopeful

  • hopeful200 hopeful200 Jul 31, 2015 10:18 AM Flag

    ....like you were getting on deck all the way from the 6.90s??? LOL

  • Reply to

    we started to reload today over .44

    by anabolic44444 Jul 30, 2015 7:37 PM
    hopeful200 hopeful200 Jul 31, 2015 12:51 AM Flag

    yahoo is so sensitive.....I was saying when it reached 7 and it is almost 10.....it amazes me the language that can be written outright and not be censored and then common language with no obscenity whatsoever can be treated as such because of a computer program that strings letters together from successive words to create a word that's not actually there at all.

  • Reply to

    we started to reload today over .44

    by anabolic44444 Jul 30, 2015 7:37 PM
    hopeful200 hopeful200 Jul 30, 2015 10:13 PM Flag

    He's going to be in the same situation here before long that he's in over at JAKK where he was shorting in the 6s and telling everyone to short at will when it reached #$%$ almost 10 now and heading much higher, IMO. He's not open to any view but his own and that can be very costly. Betting against MCZ each passing day with RB4 closer and closer is like dancing around in a minefield.

  • Reply to

    Inventory and Accounts Receivables growth

    by johnnycat_99 Jul 30, 2015 8:42 PM
    hopeful200 hopeful200 Jul 30, 2015 10:02 PM Flag

    Receivables are lower than they were a year ago (as of June 30) and inventory does not seem out of line at all given the sales projected for the 3rd quarter (current ongoing one). I don't see anything of concern and I'm a CPA.
    IMO,
    Hopeful

    .......

  • hopeful200 by hopeful200 Jul 30, 2015 7:48 PM Flag

    The debt reduction is great. It was costly, though. The cash position at June 30 was 315M and it was stated in the press release as 50M at July 27. I wonder if the amendment and new covenants give more or less financial flexibility and whether the credit line is as large. Was this large debt repayment required? The cash position was a strength but it's pretty small now. Fifty million of cash against 500M of debt is not exactly a comfortable position in this climate. I'm not arguing that the quarter was not managed well or whether the performance was good, given the conditions. I am saying that the financial flexibility is not great going forward. Oil needs to turn back up as some good companies have already gotten in trouble. IMO, Hopeful

    ....

  • Reply to

    flipped out of 1000 @18.30, 1000 @18.33, and

    by fabulouspoodle Jul 30, 2015 12:46 PM
    hopeful200 hopeful200 Jul 30, 2015 2:56 PM Flag

    Fab,
    No...no...you weren't and I hope I wasn't. RCKY has been all over the proverbial map for either of us....or anyone following....to know exactly where she'll go next. But again, it would suit me too to see it go in the 16s again because it's money in your pocket given the deep value. Also, as you know, I'd never advise another to do anything he didn't want....but just wanted to make you aware of IFON so you could look. If it does what it might do, I'd be wishing I had mentioned it beforehand.

    Take care, pal.

    Hopeful

    ....

  • Reply to

    flipped out of 1000 @18.30, 1000 @18.33, and

    by fabulouspoodle Jul 30, 2015 12:46 PM
    hopeful200 hopeful200 Jul 30, 2015 2:38 PM Flag

    p.s.
    Fab,
    You know I expressed from the outset that RCKY should not have sold off on this last report, IMO. I still think it was irrational. That's why I'm doubting we see the 16s again; but I'll be right there with you competing for those share if it goes there. That was an incredible opportunity following the 3rd consecutive strong bottom line report.
    IMO,
    Hopeful
    .....

  • Reply to

    flipped out of 1000 @18.30, 1000 @18.33, and

    by fabulouspoodle Jul 30, 2015 12:46 PM
    hopeful200 hopeful200 Jul 30, 2015 2:22 PM Flag

    Fab,
    OT: IFON
    You might want to consider IFON before its report next week. It's been my best stock for the past almost 2 years. I loaded up over a couple of years back in the .60s and wow, did that ever pay off. I've banked a lot of profit and have a very big position now, virtually paid for with profits taken. That's how wildly volatile IFON has been. It got ahead of itself running from .70 to the mid 4s in several months a bit over a year ago. But it's earned its keep now. It has started putting up the numbers.

    Look at historical inventory numbers and successive sales by quarter, observing the turn ratio....then look at the inventory level to start the quarter that ended June 30. This company has been growing like a weed. I'm expecting it to knock the ball out of the park. If it does, I'm betting it is going much higher quickly.
    IMO,
    Hopeful

    ......

  • Reply to

    flipped out of 1000 @18.30, 1000 @18.33, and

    by fabulouspoodle Jul 30, 2015 12:46 PM
    hopeful200 hopeful200 Jul 30, 2015 2:16 PM Flag

    Fab,
    They just lowered that number by .03, IMO, so the yearly estimate of 1.58 could stay "as is." The last quarter beat by .03, meaning, all else held constant, the yearly estimate would have been bumped from 1.58 to 1.61. BTW, Congrats on the trade.

    I've made a small fortune on RCKY thus far trading. It moves widely and quickly.....it's been perfect for a balance sheet value investor to profit from while retaining a core.

    I also, as posted here the other day after earnings, added when it fell, getting 7500 from the low 17s to the low 16s. I've sold the shares from the 16s and a few from the 17s in the 18s now, getting 18.417 on the last sale.

    I'm thinking about holding the others from the 17s I bought for trading and either adding them to my core position, held from around 14, or selling them in the 19 to 20 area....and hoping to add them all back again if it retreats again....cause I think RCKY is going to beat solidly in the next report and the price is going to move back into the 20s easily.

    IMO,
    Hopeful
    .....

  • hopeful200 hopeful200 Jul 29, 2015 3:35 PM Flag

    I moved another 25K to my hands today....at 75K now. I'm glad for the sellers too.

  • hopeful200 hopeful200 Jul 29, 2015 3:00 PM Flag

    I had not seen that. It has today's date. It was actually a very decent interview, IMO. Thanks.

  • Reply to

    Amazing opportunity

    by hopeful200 Jul 29, 2015 2:38 PM
    hopeful200 hopeful200 Jul 29, 2015 2:47 PM Flag

    ....and check the volume of trading......it peaked on Monday as it was reaching forward on almost 19M shares, volume was strong but weaker yesterday than Monday, about 2/3 Monday's volume at just over 12M, as it pulled back. Volume is still much weaker today as it runs in basically runs in place. The drug results give this the fundamental outlook to keep juicing forward; the technicals are supporting the notion as well at this point, IMO.

    IMO,
    Hopeful

    .....

IFON
3.11+0.15(+5.07%)Jul 31 3:59 PMEDT