....interesting you make no mention that "without any news whatsoever" that IFON blew up from the mid 1.20s 2 days ago when the market was down nearly 300 (almost 400 intraday). IFON is building a business. It went up in the 4s last spring way too early and has provided tremendous trades. I've been able to multiply my IFON investment money several times over during the past year and it wasn't on the back of 10% trades.
However, it is no longer too early, IMO, for IFON to visit those highs from almost a year ago. So, play those 10% moves if you wish, but the "business" here is going to leave you behind. Optimism is building with the business if you hadn't noticed.
With no offer out there yet, it implies that this would-be hypothetical buyer is rather confident that there's no near-term trigger for sending the share price well above .60. I think that flaws the theory and it's a little late for an offer to precede earnings. I mean, without management involvement (which I don't expect either), how could a would-be suitor know that news will remain depressed enough to assure that the price doesn't run away from him/her first??
you know it's good knowing that you are holding a winner of a company.....and, IMO, this one is a winner. It has made a lot of progress of late, but I'm thinking VTSI is not even scratching the surface yet.
We've still got 6 to 8 weeks until earnings....people don't tend to anticipate that quick usually. IFON is a "played" stock and has given incredible opportunity on both the long and short side over the last year+. I think we've been seeing short covering of late. I know the shares borrowed in my personal account have been returned except for a handful.
The great thing is that management has never given us anything that can be called guidance until the last report.....and that guidance was positive. That gives us more reason to expect a solid advance in stock price than we've had before on any of the prior runs. Then you have the credit line increase....and did everyone note that the "quick ratio" was relaxed? That's significant, IMO. That spells a larger percentage of current assets in the form of inventory than typical for IFON. Obsolescence? I don't think so. A company won't get a credit line raise to help with bad inventory management. Sales growth? That gets my vote.
IMO, the present price in IFON remains depressed even at 1.40. It has gaps below and gaps above. What will it do next in the immediate? Who knows? But as we get closer than this to earnings, it should rise and if it waits till earnings to go up...that's fine too....cause everything known portends that this company is firing on all cylinders, IMO.
IFON really has no reason NOT to go up from here.
P.S. IFON has a couple of gaps lower....one opened just a couple of day ago (would close by trading at 1.25)....and one lower at about 1.10. I'm doubting they'll close before next earnings.....if it revisits those prices, IMO, the shares there would be pure stealing.
Thank you,kindly, Bodybag. I hope stock business has been good for you too.
I've got about 20 stocks right now. I was thinking; of all of them, don't think I have any that I continue to like more than the 3 you mention.....going forward. I hope these have some big future up-moves in them. Based on what is known now (of course, outlooks can change on a dime), these 3 companies all have outstanding outlooks given by their respective management teams.
Because of the great volatility on IFON, it has worked out to be the best stock I've ever owned. It has given investors the buy and sell side as you know several, several times in big fashion. Its back on the low side again and I think its next run could be comparable to the former ones or better. You've been following. They have guided to what should be a record 4th quarter under the verykool brand. Further, they recently saw the credit line doubled and that's for a company with nothing but net working capital (no long term debt) on its balance sheet. If sales come in like many, including me, are expecting, IFON could impress once again, IMO.
Again, thanks for your kindness, Body. I sure hope all is great with you and yours, friend.
You and me both, Emory.
More of the same today.....a 5% stock price rise on less than 50K shares.....or said the way you put it, a 1.5M increase in market cap for $20000. It's the stuff efficiency is made of....LOL.
Are all things well?
I agree on the gaps; there's actually one lower too.
Microcaps have been out of favor for a spell, as you know. So, in such a climate, I've noted these gaps closing more often than not. However, KTCC does have gaps higher than present as well where the price fell from a higher close without reaching that level again.
So, it's sort of a "draw" for me. I believe KTCC is probably a great long term hold relative to many if not most alternatives. I'll say my cost average is 8.29 this time but I did add a handful (500) at 9.17 today.
I just don't know in this market what's going to happen next. That was perhaps the "most" bullish KTCC CC I remember and there's been some positive ones before, for sure.
Well, jj, I think you are more humble. Thanks for your "opinions" too. There are facts and then there are things we "think" are probably true but we actually don't know....and there's no reason to reflect 100% certainty of those things to the point that other "opinions" are just swept away. I benefited from the back and forth of you and aeishh but appreciate your recognition that you are offering an opinion as to what the converts are doing. Truth be told, wouldn't you love to have a look behind the curtain? I would love to see what these hedge fund guys are really doing.
It's interesting that your post and bufoludi's seem very similar to me. He talks about the financials without factoring in the forward impact of the 3rd very strong quarter's impact on those same financials. I'm wondering, "why does one leave out something so obvious?"
Now you piggyback with a question posed with strong negative undertones about management as though there's an ill breeze out there where management is delaying earnings over concern about the supposed financial mess of which bufoludi posted without context. Well, you clearly don't want to do the proper homework before posting; otherwise you have to note the fact that this is the annual report. Somehow, I think you already know this and what it means......however, I'll give you benefit of the doubt. Clue: it takes longer to announce audited yearly results. The SEC gives a company JAKK's size 90 days or until March 31, not the 45 days after each of the other 3 quarters. Last year JAKK announced its CC past the middle part of February and reported in late February.
So, exactly why should you be looking for something about earnings now? You can start looking for a pr giving the earnings pr date somewhere at or after mid February.
Note, aeishh, he said he looked "back." Why is it so often that one side of a story is completely left out? I don't get it. Anyone who invests knows enough that when you have a spectacular quarter of sales as did JAKK last quarter, receivables will be elevated. Unless that person things those receivables are in danger of being collected, he/she would factor that into where cash will be headed next and how it will impact the financials. His post was all rolled up into that little word "back," IMO.
I already posted by yahoo ate that post.....quarter was solid; outlook is basically flat on a sequential basis....but this quarter today showed significant sequential improvement (for context).
The acquired revenues of 39M is very impressive since I believe the annual run rate was about 120M before the acquisition. Perhaps KTCC is already piggybacking that new client base with add-on services.
KTCC at least shows evidence of having turned the car around and it's headed forward, IMO.
Pal, I must admit, I did get out for a short spell to free the capital for other options. I had a very long stint holding a solid KTCC position prior to the last several months being out. It just seemed there was no near term catalyst for KTCC until the recent acquisition. Fortunately it paid off very well for me to play part of the rest of the field with the money....but I'm getting "staked" again because, whether this report or next, I do think you'll get that 20 or more. IMO, the adverse impact of big customer pullbacks have likely run their course while other new customers have been steadily lessening that impact. Further this recent acquisition, without dilution, tacks on big revenue where that revenue was bought at a third on the dollar. Plus, KTCC has said it can piggyback that revenue with more services to those purchased customers. So, I think now is a great time to be a KTCC shareholder.....and I do see that $20 price tag off in our future. All the best.
We are in an utter funk and have been. Only earnings can get us out, IMO. So, today, someone dumps. Someone else gets to hold cheap shares until MCZ can show us it can drive stock price. But the volume has been pathetic and remains that way even today. IMO, it will take a lot more than 300K or 400K shares to ever get us to where we hope to be. Today is just more noise, IMO.
shorts are in a real jam here, IMO. To short more to hold the fort so to speak is ludicrous in light of the IFON's outlook. I mean, you just dig your hole that much deeper. I also think because of IFON's past moves, there are a lot of people who have been watching IFON and ready to enter the stock. I don't see a way to push it back much without shorting more. I think longs are sitting on a powder keg that could easily explode before earnings but at least have an excellent case for seeing the stock explode at earnings, if not prior. Further, IFON seems to me to have really turned the corner with its business and the business model. I've said before that I really like my IFON products. Again, IMO, shorts are in a jam and may have found the wrong stock to pick on. IMO, Hopeful