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Infosonics Corp. Message Board

pjbaker55 4 posts  |  Last Activity: Jun 6, 2014 11:11 AM Member since: Sep 16, 2005
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  • Reply to

    Legit question for us longs

    by pjbaker55 Jun 5, 2014 10:22 AM
    pjbaker55 pjbaker55 Jun 6, 2014 11:11 AM Flag

    Bump. Thanks for the replies, everyone. Well informed. Helpful. I appreciate it. And welcome any other perspectives and insights from other longs. GLTA.

  • Hi Everyone: Hoping to hear from some quiet longs who mainly (like me) observe but don't participate on these boards because of all the 'noise' we get here for some reason. I was pleasantly surprised when the price ran up above $4 per share after the quarterly report before last. I was not surprised when it pulled back a bit. I WAS surprised by how far back down it fell. Further pull backs just before the most recent quarterly report had me nervous that others knew something regular investors didn't, but the report was ok. I'm not here pumping a $10 target, but I am surprised we remain in the low $2 range. For other serious longs, are we where you would expect us to be? It seems like announcements of new phones and other products have really slowed down. I'm impressed with the products they do announce, but I'm wondering if development is too slow. I'd be interested to hear from other longs about how comfortable they are with where things stand right now. Thanks in advance. Long since 2012.

  • Reply to

    7" tablets r a bust

    by forgetabout11 Feb 3, 2014 12:41 PM
    pjbaker55 pjbaker55 Feb 3, 2014 5:53 PM Flag

    I'm not down on IFON, but I'll admit a 7" tablet is not worth it if you want to use it as an ipad. However, if you want to use it like a Kindle, it works. So, frame it as a kindle, that also allows you to check email and play some games. That's value. Frame it as ipad mini, and I'm in full agreement with you that it's not worth it. Anyway, good that IFON is in the tablet business and gaining experience and learning about its potential place in the market.

  • pjbaker55 by pjbaker55 Nov 13, 2013 12:26 PM Flag

    Given all the positive news in the most recent report, the fact we only made $34,000 profit might cause concern? Still not enough for major investors to jump in? Or, the more positive scenario, the nominally profitable quarter is causing major investors to look more closely at IFON. We need to exercise patience while they do their due diligence. What we see now are minor short term profit plays that don't mean much, but, if the company is as strong as we think it is, should see some major stock purchases in the coming weeks. Are last quarter's results meaningful enough to persuade major investors to jump in, or will prices continue to hover in this .50-.80 range until next quarter? My guess is that this last report may not generate much investment, but it will generate interest. We need real profit based on continued strong sales. I'm long, so hoping that is indeed how this plays out. Until then...will try not to be discouraged by recent declines.

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