Climaco was actually BUYING this month.
3,000 shares on 11/11/13 at $4.23
5,000 shares on 11/12/13 at $4.28
1,369 shares on 11/13/13 at $4.37
Don't think it was insiders today, but guess we'll see if there's any Form 4 filings in coming days. I think we may actually see some insider buying if the price stays down. I know I was buying aggressively. Started around $4. Never would have dreamed it would drop to $3.60! Nearly a 5.6% dividend yield at that price.
Wish I knew what sellers were buying that looks better than DRAD...fat dividend, huge turnaround last quarter, heavy insider buying, and a strong balance sheet with $1.40/share in cash & securities.
When I saw DRAD climbing to $4.80's last week I thought I had missed the boat after selling the last of my shares around $4.50. Can't believe I'm able to buy in the $3.80's today!
Huge turnaround last quarter, healthy dividend yield over 5%, and tons of insider buying as recently as this month in the $4.30's!
They stopped reporting quarterly, which is why the stock is in the toilet while the rest of the market soars. Sad thing is they pulled that stunt right when the company was starting to expand in the US & other countries, the mining sector was improving, etc. AYSI would prob be at $1-$2 if they didn't stop reporting. But they obviously don't care about shareholders. We HOPE they will still report annual numbers, but I'm not holding my breath.
Shorting anything is dangerous in this market euphoria. But you have a company earning .01-.02 per quarter with a huge NEGATIVE tangible book value. It's worth $1 a share. Will trade much lower eventually, but we're in a bubble market right now!
Back out the 1 time gains of $653,151 and $482,857...and earnings drop all the way to $162K, or .02/share!
And the balance sheet is downright scary when you back out all the intangibles.
Yep when more people see that they're gonna kick themselves for selling GV so cheap below $2. The stock is already somewhat undervalued here if they were to keep earning .05 per quarter. But earnings headed higher from here, perhaps significantly so. Wouldn't surprise me to see a .10 quarter by Q1 or Q2 of next year. Stock will be in the $3's again if that happens.
PWR and MTZ had strong reports yesterday. I actually bought some GV today based on their bullish sector commentary. Def need to check out page 2 of the PWR conference call transcript. Talks about the high demand in their Electric Power segment. Exciting times for GV!
Down to .28 today. There's a ton of value here, but if management doesn't care about shareholders AT ALL, then why buy? Too many other stocks flying in this hot market to sink money into AYSI imo. If ur planning on holding a long time, I think those buying here might do very well. But sure looks like dead money (at best) for the next few months.
Surprised stock didn't get more of a lift on the favorable Seeking Alpha article. WILC still incredibly cheap with earnings of .17/share last quarter on 27% rev growth, bullish guidance, and an incredible balance sheet with $4.45/share in cash & securities!