Nice catch. I scanned the 10Q quickly but didn't get to the subsequent event news. That was a nice take out price for Lanscope by Cisco. I don't know how many years they owned the Lanscope stake; but it looks like they turned a nice profit on the deal.---But as you posted in the past; it would be interesting to know just what connection if any Corecard has with Kabbage.----As a side note: INS should have announced the Lanscope buyout via a PR. Our CEO likes not to highlight good information in hopes of IMO stealing more cheap shares from the uninformed minority shareholders.
These guys normally don't sit around and wait forever. They accumulated their position at much higher levels in the 2's. There is a good chance IMO they will be aggressive buyers at current levels. However, i'm not sure how many shares they can accumulate sub $1.50. Maybe some year end tax sellers will oblige them at this time.
The report looks like a carbon copy of their last report. Almost all the same numbers including their $700k plus R&D investment each quarter. But the stock price action suggests something may be brewing on the Corecard front. Let's hope so because they just keep pouring more and more money into Corecard and not showing much in the way of revenue growth in that business.
The only person you hear on the CC is Pop Mobley and yes he is well into his 70's. Pop is sticking around for the excellent pay check and the excellent pay check Son Mobley gets. He would like to see his son carry this business well into his 70;s IMO.---That said, I still think they are making some good moves and at the current stock price the risk reward ratio is very favorable for the shareholders. That tax loss carry forward on their books is very appealing to both the company and any potential acquirer.
of $526,000. I guess the golf season ended well for them. Have to look over the 10Q to see what else went right. We sure didn't get insight on this quarter from their PR. We never do from our shareholder unfriendly CEO.
Although I agree of much was detailed in the Privet Fund letter to the NROM board; I'm not sure what good it will do. NROM's as well as most small companies are very tightly controlled by a management friendly board. Also a very high percentage of their stock exits in the hands of the board and key officers.---That said, the Mobley's compensation packages totaling $750,000 per year(for pop and son) does seem to be quite excessive for a company this size.---I do concur what the premise of the letter; that NROM's today in the hands of larger more focused and experienced operator would be returning a great deal more than the present management team.
So lets see that means they had $1,803,456 of added General and Administrative expenses tacked on to their 2nd quarter report. Brilliant maneuver and tIMO the the Board, the CEO and the CFO should be held criminally liable for Initiating such a transaction.
What's great about selling Pizza is the profitability in doing so. Ever count how many Pizza joints are listed in the community yellow pages? There is a reason that's the case and it's called High Margins equal High Profits.---The grocers have done a very good job at competing against the bakery stores and doing so against their Pizza competitors should not be far behind. After all they do have a fair amount of moms visiting their stores every day picking up their essentials like bread, milk and deli items for the next day. Picking up a "good tasting" take and bake pizza would not be out of the question: if offered a good selection at a decent price.----Much work has been done by NROM after some trial and error in this arena. At the current stock price the risk reward clearly favors the bulls IMO.---That being said picking some very cheap shares with tax loss selling season under way for the next 7 weeks should be quite doable.
Yep, we had a fair amount of both buyers and sellers in TAYD yesterday. From the sellers standpoint, I would say many are booking their profits prior to yearend. Perhaps offsetting their tax losses in other investments. Nothing in their recent PR's suggest business is in a downturn.---More interesting however is that we have a good many buyers buying into the TAYD story going forward. After the profit takers are out of the way, I believe we will see new highs in the not too distant future.
Where you see trouble I see opportunity. Clearly their best opportunity over the short run at least is the grocery stores initiative. Most in house grocery store offerings are an afterthought at best. If NROM can deliver a good pizza into this market it can be very successful. The working housewife is always looking for a quick meal for the family on the run. Coming home from the grocery store after work provides NROM an excellent opportunity to deliver that fast good tasting meal.----The company is profitable with a large tax loss carry forward on their books gives NROM plenty of opportunity to expand in this market. The current stock price does not give NROM any credit for this potential going forward IMO.
Nothing to get too excited about IMO. That suggests to me at least the reason behind the fall off in the stock the past couple of weeks. Clearly some had an early insight to these OK results.---That said the company is clearly in a major market growth area and should do very well over the long term.
All things seem to be falling in place for TAYD. Buildings being certified for earthquake survival all over the world. California getting closer and closer to mandating that all their hospitals be earthquake compliant. And various cites(i.e. San Francisco) demanding that many of their buildings are upgraded or if not done so be so designated publicly.---I think we will see the 20's are coming in early 2016.
up from $1.8 Billion the previous quarter. Not sure where the pressure on ATTU stock is coming from at this point in time. Looks to me like this whole Cloud computing environment is just exploding all around ATTU.