I am willing to wait. I think most of us know we will get the same regurgitation of excuses and reasons why expectations were not met. It's just a matter of waiting for the momentum players to get bored and then deciding to sell and move on.
stokluver - check out SMTP. it is extremely volatile with low float, but the dividend provides some relief from the swings.
additionally, check out NTLS - the dividend is huge, it is secure, and company is a takeover candidate by DISH, Sprint, and possibly other competitors that would want their assets.
Will have a look - I'm out of town for 2 weeks so don't have full computing capability.
I dumped my SMTP early today on the pop and will rebuy under $6.20 again (hopefully).
DISH/Sprint have to be saying "It was $20+ only 6 weeks ago, today we can buy it for about 50% off".
Sprint may be forced to buy to keep DISH from doing it. DISH already has joint effort with NTLS, so it is a real possibility to expand their footprint and capabilities.
The longer the shares stay at this level (or lower), the higher the probability that one of them makes the first move.
The only Sprint "concern" is whether they will buyout NTLS or renew the contract. Sprint has much larger issues to deal with now and over the next year or two than to be mucking around with this. It is a small portion of their business, and for NTLS, though it is a nice chunk of revenues, it is wholesale revenues - they are not getting rich over it.
you have no idea what you are talking about, but sell and end your agony.
2 or 3 months from now, when the shares are back at $15 and $16 you can deal with another thorn in your side.
selloff today is because of :
1. shares ex-dividend today
2. markets off
3. some people see the initial .42 drop for going ex-d and they freak out not even considering that they just got the dividend.
4. market maker taking advantage of people in #3
"someone has some insider info" - I feel sorry for the Average Joes like yourself.
The number of shares being purchased by the Portnoys with their own money is petty in relation to how much they are being enriched by their compensation packages.
Why don't they each buy 25,000 shares?
Who cares if they're making less combined than Walton - the amounts still makes no sense in relation to the size of this company and its financials.
We'll know early this week.
I'm going to stay clear for the time unless shares get really depressed and there's an opportunity to buy cheap in advance of spring/summer earnings runup - like last year. As much as I like the company and what management is doing, I just don't like the financials with respect to the quarter taken with the recent softness in soda sector. I'm seeing massive selling/discounting/promotion of Coke in local markets. Will continue to play JSDA for December tax selling and January bounce...it's a short-term trade and if they make it through December, they'll make it through January.
Personally, with the sales trend still lower, coupled with the relatively large share count, I'm getting a bit concerned about the valuation. These spring/summer results will be extremely important. If they do not increase sales by 5% yoy in each quarter this time, I won't look at it again.
I really think they need to get the shares back to 50 cents and then do a 1 for 4 or 1 for 5 reverse split. There's just too many shares out there for a microcap with their kind of financials.
MKTY has been on my screen for a couple months. I wanted to buy multiple times, but wide spread and then it would always tick a penny or two higher and I'd tell myself to wait. "I will not chase"...haha!
friend - if you would like this to be the Great American board, you will see no posts. That is how it was when we arrived here and claimed the rights to it...no post in years. My friend here is probably the only shareholder besides you on all of Y!.
now, if you'd like to discuss GAMR, I am sure my buddy will oblige. But, otherwise, feel free to participate in our dialogs.
the quarter was certainly a disappointment. however, it isn't surprising in my mind - soda (in general) is in a funk - KO said it weeks ago.
as far as what to do, no suggestion. I don't think the shares will trend back down under .40 to find a base - likely will be in the .45 area the way trading is today. I think that shares will get the seasonal support/rise between now and summer. but, I'd be concerned about just how much penetration they're going to get going forward and if the best they have to look forward to is being a 30 or 40 employee $10 million/year niche player maybe growing at 2% or 3%/year?