That's how big boys do it....when its getting too high they sell a some at market to break the stock rundown and great panic. This will regap and head higher. Hopefully the company can support the run with a news of additional Sims.
I only miss my projection by 2 cent really...I believe the closing price was 1.23 and I had given 1.25. I take that mistake any day. lol!
IMO and as mentioned by members of executive team before, there are a lot of eyes on the company. In presentations given in past year they have attracted serious money waiting on the side line. Could they be stepping a "little" now?? Could be. But these kind of volumes are not indicative of just day traders although a nice size are trend traders like Spence (I believe). However given the relevant timing of various catalyst we are sitting pretty for a major run with supported revenue and fundamentals that are set to get on fire. Next few Qs are going to be very nice.
exactly...not that I mind it. Spence is mostly on target but it just seems he is shows up on a nice run ups and disappears when it stops. So far he has had a good track record with ETAK so maybe we should follow. lol...jk. I am here for next few years. Sorry for those who don't like it!
True...something is cooking...hopefully its the sims! lol
I have no concerns at this moment. Just need to be patient until they these SIMS in without a flaw...that is the most important aspect when you have all these potential opportunities eyeing you down. We have until end of NOV to get compliance. By than we have BE on our own or one of the financing deals on the table. You have to understand...its not the lack of financing that is the hold up but management's prudent decision not to rush into a #$%$ deal IF IF IF they need to. Because if they pull the trigger on a bad dealing on that front it might satisfy the NYSE short term but be very bad for ETAK mid term.
Good Article Steve....I think I read it before but its nice to reread it again. A great reminder why this sector and ETAK as the leader by a few years ahead of competition will reap big benefits. Also as to why HP has seen the value in partnering with us and offering our solution to enhance their offering and vast customer base.
Is the #$%$ setting his own dates again? LOL funny that SVV has never set hard dates on these migrations. First this idiot kept saying that Iusacell migration will never happen and when it did, although late as we know why, he tune changed to it wont happen on certain dates as he set forward. So far with 3 migrations totaling 1.8M he is still here saying this migration is failuar.
Honestly, I could care less for the pps right now...its nice that is moving the right way but its also realistic that it will be traded without the one substantial news...NYSE compliance. Hopefully, we see something more from SIMS transfer soon. The rise would be much better supported if we get something substantial behind it. Regardless, my interest are when ETAK will be trading double digits....that will happen in next couple of years if execution continues. Meanwhile I am enjoying my position in MARA which continue to hit new highs and now have gone up 200% from my position. My TA position that I had now back to where I sold off as well again....should have gone back in when traded down to $8s. My initial position in that was average $3! Goes to prove patience pays off! ETAK will be double digits in couple of years......
Most warrants have been mostly exercised. The outstanding shares have been creeping up in past year from 130M to now 147M. IMO they have a bit more but total warrants and outstanding is around 150-160M shares. Secondly, valuation for a company that puts about 50-100% revenue growth in a year at 90% margin and will be profitable by end of this Q can earn a lot more that 4 to 5 times revenue. Try minimum 10x at least. Than there is VS.....sleeping giant. If they can get more of the MNOs to provide the needed network data around EU and other parts than their contracts activity will pop! As it is their SIM swap and ZLC is taking a lot of notice in the market. They are producing I would say $1M plus of the quarterly revenue without FICO. Once that gets going I would suspect that revenue to increase 3 folds.
VS doesn't have any apps. They have the network technology to secure the process via several different means. They can be an add-on to any app or current process to increase security of mobile transactions. However, I don't think this is got to do with apple. There is a specific reason ETAK has gone up and I bet we will find out soon enough. If this was a mobile payment rally than SPDL will and should have been the first out of the gate with what they have which is more directly competes and fits that scenario...they didn't do anything in past few days.
Jm..that could have some validity. One cook in the kitchen is always more preferable in these things. Also this is another reason which give us better opportunity with Iusacell... The following is reference of the changes mobile telecom laws in Mexico that helps the underdogs like Iusacell. Now that Televisa is gone Iusacell can move quickly before another competitor enters the market and stabilish a sizable market share while Slim is busy reducing assets.
"The new law, which forces Slim’s America Movil to cut its fees and share infrastructure with its competitors, gives Iusacell “certainty and confidence to keep growing,” Salinas said in July."
Sure good to have you back spence. What's your opinion of the run this time given that last time it went from 60 cents to 1.70s and was not exactly supported with events that timing went against us. Given this time we are close to transferring majority of the SIMS from Iusacell and NYSE compliance the share price should hit new highs and have a much higher lower support.....what's your take?