Also forgot to add, MIFI is trading at 1/4 their revenue or less.
If they come in at 70 million this quarter and guidance is decent, it'll be more like 1/6th their revenue.
SWIR guided lower. Let's see if MIFI can guide higher - that would be a much different scenario.
MIFI is undervalued IMO.
SWIR just reduced it's estimates for 2016 and missed their earnings.
They've been bloodied up a little over the last week.
Now might be a good time to buy them too.
Should I risk buying another 10,000 shares?
If at least they meet expectations and guide well, it would be a good bet.
Please post pros and cons.
It would be nice if she's going to roast those shorts with the next earnings. Probably not likely, but it would be nice.
If management can get $1.50 - $2.00 per share, I'd be back to break even or positive as I've been buying at these levels.
I would be extremely happy considering the long road this has been.
Management has spoke about partnerships in conference calls.
Listen to previous conference calls or read the transcripts.
They've been talking about it for years.
Now, the CEO stepped down and the CFO is acting CEO. Why?
True - CEO is gone so he must not have wanted to be an employee of a larger corporation.
I hope they announce a good deal and soon!
Well, at least they haven't come out with lowered guidance.
I think they would have done that already if it was so.
They are supposed to report in 3 weeks.
Not sure what those numbers are.
Can you explain?
I don't see how they could be.
FW and DIGI are both profitable.
The parent company Novatel is the one that has to get it's house in order.
Just wait until earnings.
If they come in at the high end of their guidance, this trend should be reversed very quickly.
They're in the right space with predictors for the sector are growth through 2020 +.
It's definitely a crock of #$%$!
Now the price is below 1 quarter of revenues.
If they come in at 72 million for the quarter, it's quite a bit below 1 quarter of revenue.
One of the cheapest stocks around if they can get to break even or show a profit.
Yea, hopefully they rallied everyone in the company (especially sales) as this is another important quarter for their turnaround.
I'll be happy with those numbers - I'm pretty sure the shorts will be covering as well with those numbers.
I picked up another 2300 shares on Friday and will continue to add.
I'm confident that $1.00 share price is way too low for Novatel and the current team has been putting themselves in alignment with current shareholders.
At least get the price above Sue's strike price!!!
1. Incredible buying opportunity because some institutions had to sell to raise cash
2. Shorts and sellers are correct that this ship is going down (Sue is in over her head)
I'm inclined to go with number 1 and buy more shares.
Don't they say to buy when others fear?
Wouldn't that be nice if they got an Uber deal?
That's what came to mind when first reading this article.
I'm happy they are winning business (hopefully aggressively pursuing)...
It would be nice if BIOD made a deal that jacked the stock price up over a dollar or two or five. :)
Cause I'm gonna keep loading up.
63 million market cap? Come on...