Including me. Very bad play by Daryl. He needs to go and I'm as long as they come. What an absolute blunder that is costing me 10's of thousands of dollars. New Senior Management Please!
It really comes down to John Judge this quarter. He has had since August to start implementing his sales plan for Q1 and forward. We will find out soon enough what he's mad of.
Yes but it would be nice to see a $13 million in rev quarter with less than a $3 million loss for Q4. That would initiate the squeeze and take the stock over $15 quickly IMO. Without sales its not going to happen. Morrison needs to do much better than he did in Q3 at $9 million rev moving forward. It has huge potential but the stock will not explode to the upside without a minimum 30% growth annually IMO.
I am a subscriber to Wyatt Research 100% letter and this was once one of Tyler's top picks. He has dropped it recently because it's dropped from $35 to where it is now but he saw something in the technology and big data market space that they are in now. I'm a big believer in qualified newsletter's such as cabot.com and wyatt research. I still do my own due diligence but these guys are smarter than me when it comes to stock picking, save me a ton of time as far as research goes and their 5 year records are strong. I like DWCH because they are in a huge space with huge upside potential if they can implement their plan. They have a fair amount of cash and only a $96 million market cap. They need to implement but if they do the upside is much larger than the downside IMO.
This time I think you're right. Oil may need to rebound to $65 a barrel or so for this stock to take off. Its all contingent on the $20 million rev and profitable quarter they claim they will have in Q4. These sales must take place if we want this to shoot over $20. No more junk info by their CEO.
Not sure about that. One decent quarter of let's say $12 million or more in sales could send this on a upward spiral. If they can somehow get the 30% growth they are looking for this thing could triple very fast. It looks bleak now but they have plenty of cash, a new experienced sales leader and what appears to be some great products. See you at the bottom is a pretty bold statement when they could easily turn this around with one decent quarter. I'm my own person and I couldn't let your see you at the bottom quote go. We'll see very soon if I'm right but Q4 could surprise us in a big way.
Very well said. With oil below $60 a barrel today we are seeing big drops in alternative energy stocks across the board. I own BIOA and its also getting crushed. If oil can just rebound to $65 in the short term with the addition of a $20 million in revenue quarter plus profitability for HYGS, We could see this stock rally to over $20 maybe even $25 in Q1. If not, then all longs will be in this for the long haul. Even if they have great Q4 earnings report, I don't think we will see a major turn around until oil heads north of $65 per barrel.
Boogins makes a good point but I think there is a huge difference between 15% growth at $2 million and negative growth at 1.6 million. Its all about what the street and the institutions look at and I can tell you it matters in a big way for a variety of reasons. Either way its a moot point now but we need at least $4 million in GW sales in Q4 with Overland sales of at least $ 20 million if we want to head north of $12 per share.
I'm a long and I would have to disagree with both of you on this one. They should have done at least $2 million in GW in Q3 with much better margins than 46%. They really need to do at least $5 million in Q4 with some big new along the way. Look, I want this to work out for us in a big way but you can't ignore that this is not where we need to be at this stage. However, it could turn around quickly with a decent Q4.
I think you're right. I do have some concern with the stock dilution that will take it from 24 million shares to 33 million outstanding but my hope is that the earnings and sales will be so strong that this extra 9 million will not hurt us. A massive short squeeze would be nice just about now!
They must buyback some shares as they have diluted us the shareholder by 3 million shares over the last 2 quarters. This is part of the reason the stock is falling so badly.
The last time it was at $1 was around 4.5 years ago. This stock is undervalued as they keep making money and adding to their cash position. Their big problem is that they give the street way to high of a number each quarter and management also does a lousy job promoting their own stock. There is no reason that PLPM shouldn't go straight back up to $2 with some decent news or a quarter where they meet expectations. It was not that long ago that this stock was at $4. It truly is one of those stocks that you can play over and over both on the way up and on the way down.
No. I'm just tired of losing money so my hope is some decent news or press release will come out like you said so I can dump some of my shares at break even or a small profit. I'm very frustrated with management as a long right now. The problem is that being short is a very dangerous proposition as well. It appears that its very risky on either side of the coin.
I wish you were right but it seems to be going the other way. I guess 16% growth and decent guidance isn't enough to take this above 20. Painful to say the least.
I don't know for sure as the market will dictate that. Its been there before and it could very well be there again!
That is a crock as DATA is losing tons of money every quarter. If DWCH can have a good quarter when they announce earnings on Nov 20th, there is no reason it will not double very quickly. Doubling would give the company a market cap of 225 million which is nothing and they also have 50 million in the bank. The growth for DATA and SPLK is huge but their profitability is very bad. DWCH needs to do at least 13 million for the quarter in order to see decent pop to the upside.
I have news for both of you guys. Wright just lost another $61 million this quarter and continues to bleed money. They need to become profitable or they will drain all of their cash very quickly.
I would say by November 15th and its possible it will run to $25 which is a real possibility! LOL.
Sentiment: Strong Buy
You're still here. What it going to take to get you out of here. Will $23 do the trick? I can assure you that it will get there quickly.