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Mad Catz Interactive Inc. Message Board

jayand777 29 posts  |  Last Activity: 7 hours ago Member since: Aug 31, 2005
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  • Reply to

    frustrated long time shareholder

    by kapy15 Jul 6, 2015 1:08 PM
    jayand777 jayand777 7 hours ago Flag

    As it turns out, while everyone was in Vegas 18 months ago .patting themselves on the back for their great fortune, they should have been in the bathroom stalls selling their entire position and buying Apple or Skyworks, two companies with management who KNOW how to get things done.

  • Reply to

    frustrated long time shareholder

    by kapy15 Jul 6, 2015 1:08 PM
    jayand777 jayand777 7 hours ago Flag

    Yes, eventually they will do something, Turt. But just what that something will be has me more and more concerned. Everything so far has been to the benefit of the 8150 holders. Why not more of that? And please don't anybody say because we have the votes. Clearly our biggest institutional holders don't have the sack to ruffle feathers, or they would have done it by now. What was it, a year ago when the big meetings were held in NY where they had their say? That worked out real well.

  • Reply to

    Form 4s

    by two4volleyball Jun 23, 2015 10:59 PM
    jayand777 jayand777 Jul 6, 2015 12:24 AM Flag

    I would have to believe that the lack of insider buying is due to information they have that prevents such. There is a likely buyer out there. My money is still on PFSW who is waiting for their shelf to be declared effective, followed by an announcement of a cash/stock combination purchase.

  • Reply to

    New Financial Facility

    by neschuyler Jul 2, 2015 4:18 PM
    jayand777 jayand777 Jul 2, 2015 5:31 PM Flag

    Tabby, I only get testy when you make outlandish, pie-in-the-sky predictions with no basis of fact. As much as some people believe these boards do not impact people's decisions, I believe there are many new, inexperienced investors who do in fact use these boards as a basis for buying and selling.

    Predictions? OK.

    1. Madcatz eps for 2016 fiscal year .15 to .20 cents garnering a March stock price of $1.50 to $2.00.
    2. Rockband is a hit, but not a blockbuster, for Holiday 2015, and has legs for 2016 as well with a new keyboard and other surprises.
    3. Speed Commerce is sold or merged at a price of around .70-.80 cents a share. I believe the impending shelf offering by PFSW is a hint.
    4. Hutchinson Tech continues to disappoint greatly. PC business remains weak despite Win 10, and OIS turns out to be a huge disappointment. CEO has zero credibility for his repeated hype and missed revenue promises. HTCH drops below $1 by year-end. Lawsuits ahead.

    You have a nice Holiday weekend as well!

  • Reply to

    New Financial Facility

    by neschuyler Jul 2, 2015 4:18 PM
    jayand777 jayand777 Jul 2, 2015 4:36 PM Flag

    Correction. They "WERE" a going concern.

    Because of the tight restrictions of the Wells Fargo agreement.

    That agreement has now been replaced by a much larger, more flexible agreement.

    Very smart of the company to report both news events at once, as the second makes the first moot.

    Last impediment out of the way. Full steam ahead.

  • Reply to

    added 80,000 at just over .38..

    by fabulouspoodle Jun 29, 2015 2:46 PM
    jayand777 jayand777 Jun 29, 2015 3:06 PM Flag

    Add me to the list of "hopeful" buyers at .38. 20k.

  • jayand777 jayand777 Jun 15, 2015 12:14 PM Flag

    Were there any analyst questions, or did all those lame bozos drop coverage?

  • Reply to


    by puestapete Jun 15, 2015 9:57 AM
    jayand777 jayand777 Jun 15, 2015 12:07 PM Flag

    Micro. what about sales of the other items? The guitar bundle, the video game only, the dongle?

  • Reply to

    this is profitable business now

    by azrastulic Jun 15, 2015 9:24 AM
    jayand777 jayand777 Jun 15, 2015 9:50 AM Flag

    Mary, in five weeks SPDC will announce q1 earnings. No charges, no writedowns, no surprises.

    Sales of $30-40M, ebitda of $3-4M, and a small loss due to interest expense. The stock will go up that day, and from a higher base than today.

    Sentiment: Hold

  • jayand777 by jayand777 Jun 15, 2015 9:20 AM Flag

    Give up. Clearly you have now lost any credibility you might have had. Your incessant bashing MUST mean that the trade is moving against you.

    Your reaction to today's earnings would be correct if only the stock was still at $3. But it's not.

    Fears of a quarter and news MUCH worse than this caused the stock to plummet 90%.

    Guidance was re-affirmed and clients are signing and re-signing.

    My prediction stands. Buyout at a 30% premium to the .56 cent shelf looms on the horizon.

  • Reply to

    New 52 week high today?

    by gettinricher Jun 11, 2015 9:36 AM
    jayand777 jayand777 Jun 11, 2015 11:00 AM Flag

    Looks to be a big wall at that $9.50 new high. It's going to take some serious volume to bust through it convincingly.

  • jayand777 jayand777 Jun 11, 2015 8:28 AM Flag

    Putz, the stock is reacting to the Chinese upping their offer again for ISSI.

  • jayand777 jayand777 Jun 11, 2015 12:55 AM Flag

    No, Uptab, I can handle THAT prediction. It at least borders on reality. Good to see you have finally put the crack pipe away.

  • Reply to

    Darren the Disregarded

    by hopeful200 May 31, 2015 3:01 PM
    jayand777 jayand777 Jun 1, 2015 12:45 AM Flag

    Hope, there are two very valid reasons.

    First, that DR has ZERO credibility due to his many past failures and consistent lack of execution.

    Second, anyone with any math skills can figure out that even $80M in RB revenues with 20% margins will require $64M to manufacture the product. At present, Madcatz has nowhere near that kind of cash on hand OR credit line to pull that off. So until they directly address that issue, the stock goes nowhere. That is the ONLY question that needs asked at the upcoming conference call, yet I have no faith that any of the lame analysts will ask it.

  • Reply to

    from last pr :

    by azrastulic May 20, 2015 1:50 PM
    jayand777 jayand777 May 20, 2015 3:52 PM Flag

    Mary, or Squeezie, or whoever you are, these guys are all clueless. Anybody buying individual stocks ought to know about quiet periods, insider windows, etc.

    What blows me away is that 4 insiders bought the day the last lockup period ended after earnings. If memory serves, those shares were at about a buck ninety. Which means they would be dying to buy now. But can't.

    Easy fix. Announce earnings early, even if unaudited. They have always used that extra 30 days at year end, but many companies do not. And with these paltry sales, there is no need. It's not as if this is a multi-national company with complicated earnings and multiple currency translation issues.

    It is also possible that due to the phantom "negotiations" or "offers" they are investigating, they are still not able to buy shares. But any company wanting to assure the market and its customers that it was going to survive would throw out SOME news. An early earnings announcement would be a good way to start. But since they have not done anything in 3 years to show they care about shareholders, why start now?

  • jayand777 by jayand777 May 19, 2015 9:00 AM Flag

    might be an attempt to divert attention from the fact that natural gas prices have risen 20% over the last few weeks. Followed by summer with record industrial nat gas usage expected, followed by fall and winter...

  • jayand777 jayand777 May 18, 2015 7:18 PM Flag

    Mary, I can predict with great certainty that any SPDC shares purchased above $2 are underwater forever. $1-2 not looking good. But any shares bought from about .60 on down have a decent chance of being sold at a profit, even WITHOUT a buyout. If, VERY BIG IF, they can meet their revenue guidance and grow the business as they have projected, they have a shot.

  • jayand777 jayand777 May 14, 2015 1:27 AM Flag

    Mary, far be it from me to disagree as I have spoken out here for years about their use of "adjusted ebitda" to deflect their lack of any profits, BUT...

    In the very unlikely event that they DID hit their revenue guidance for the next fiscal year which just begun, they COULD earn a profit. Basically adjusted ebitda just adds stock-based compensation and transaction and transition costs to the interest, taxes, depreciation and amortization. Of those six categories, only one is REAL significant, interest at about $11M a year. I suppose there could also be upcoming impairment charges that they would add, but an actual profit is not impossible if they bring the revenues.

    All a moot point if a buyout occurs as expected. Today's shelf filing by PFSW is very relevant, I would presume. My earlier prediction was that a buyout would occur at a 30% premium to the .56 recent offering. I will stay with that.

  • Reply to

    scary stock price = scary managemnt

    by emoryhowie May 11, 2015 12:16 PM
    jayand777 jayand777 May 12, 2015 4:32 AM Flag

    Tabby, your thumbs-down grow by the month. Guess the masses have finally figured out what a cheerleading pumper you are. Anyone taking your advice on these boards the past few years has lost their a**. Yet you are never wrong. Just "early". A year, three, five...

    A year ago you were pumping Speed Commerce with a $20 target; that they were out-operating Amazon. Today? .29 cents. Now you claim you sold, but apparently you just slithered away quietly, never telling all those that you pumped to for years that you had dumped. Nice.

  • jayand777 jayand777 May 12, 2015 4:19 AM Flag

    Chicken, you are 100% correct. The stock languishes because everyone EXPECTS Madcatz to fail to execute. They announced RB two months before GH, yet GH is already taking pre-orders at Best Buy while RB is warning of parts shortages already. Madcatz better figure this out quick or they will lose the gig. The agreement with Harmonix lays out very specific minimum tagets for each product which have to be ready for sale by specific dates. If they fail to deliver, HM can pull the deal and find another partner on both publishing AND hardware. First priority is to get Wells fargo to increase their credit line. Without that they are doomed. But with pre-orders in hand, WF might be a listener, but on very favorable terms for THEM.

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