Tiny float can be a good thing if we ever get some positive momentum. Who can forget that crazy run to $60+ several years ago. If revenues & earnings continue to improve, ERS will be found eventually. Maybe we're not going to $60, but I think $10 is very doable if we see EPS of .20 in a quarter.
Good point on the special dividend. I had forgotten about that. Considering the improving market conditions and the company posting its highest operating income in nearly 4 years, I wouldn't be surprised to see another special dividend around yearend.
How many listed $1.30 stocks had a huge turnaround with earnings of .06/share last quarter??
And they expect to sustain these gains! Only a matter of time before this one runs up to $2-$3 imo.
Commenting on the second quarter 2014, Chairman and Chief Executive Officer James A. Luksch noted, "the significant improvement in our results this past quarter is a result of robust sales of certain recently released products and is evidence that our digital product strategy is on point. There have been improvements in all areas: sales, gross margin, profits and EBITDA. We believe that as other recent product releases take hold we should be able to sustain the gains enjoyed in the second quarter for the remainder of the year."
Can't believe ERS is back down to $5.20's. That's where it was BEFORE those fantastic Q2 numbers. Company posted Q2 earnings of .15/share vs. .04/share last year. Q2 revenues up 33%! New credit agreement in June should help lower interest expense starting in Q3.
When the stock moved up to the $6's after earnings, it was still very cheap. I thought we were headed to $7's or $8's. So surprised to see it back down. Any ideas? Maybe just a good buying opportunity. I'm hoping for a small dividend increase later this month.
Jinxed us! Why someone would sell at $1.50 when they could have sold near $1.80 yesterday I will never understand. But I'll gladly take some more cheap shares.
Hacking news is very common these days. Can't be the reason for the huge move this week. Sure it has something to do with the parabolic moves in DGLY, VII, ISNS, etc lately. I think a gift selling opportunity here over $6. Was hoping to see a move like this on a large contract or something. Not on security sector hype. Markets sure getting frothy!
Yep exactly. Look at the mania on DGLY, VII, ISNS, etc. A low floater like TCCO could really catch fire. They won't see any increased business because of Ferguson, but I'm not sure any of the others will either.
I'm trying to listen to the replay on the company's website. Seems like it's on there, but nothing happens when I click on it. Like it's supposed to start playing, but doesn't. Anyone having any luck? Would like to know what management said about all these acquisitions, if anything.
Nice quarter. Technology that reduces water use (hello!) just getting started in project in Wichita Falls. Every city in a hot climate suffering from drought conditions might be banging down FSI's door soon.
Anyone hear the conference call? Product has a market potential in the BILLIONS?? We're at a $16M market cap. Company now profitable. With an exciting technology that could help hundreds of cities in the U.S. and around the world save their precious water supplies.
Here's a CEO comment from the earnings release. Bring on the significant revenue!
"Subsequent to the end of the quarter, we received news that a pilot WaterSavr program has started in Wichita Falls, Texas which, if successful could result in significant revenue in 2015.”
Great day for GV longs. Even I'm surprised it's up so much. I was hoping for a 10% pop. To see it up 20% is incredible. And day isn't over yet. Might go higher with that huge volume!
Wow I certainly don't get it! But I'll gladly buy up the cheap shares that people are throwing away below $3. Down 27%? On a good quarter?? Because of the CA sales tax issue? Jeez. Didn't anyone listen to the CC? Not the end of the world folks. And that's IF there's even an issue at all!
Listening to the CC, there's sure a lot of positive things going on with this company. The recycling sector is going to boom for YEARS to come. Do the sellers think people will stop caring about the environment? That the whole 'Going Green' revolution is already over? To those who panic sold today...don't check back on the price of ARCI. It will likely be double or triple the current price sometime next year.
Funny thing is he would have made a killing if he was short the market the last few weeks. But it's a better use of his time to hang out on the GV board where he has no vested interest.
Nobody can figure it out. Not dumb enough to short a $1.60 stock. Yet he clearly doesn't want to go long. But instead of researching other stocks he might buy/short, he spends his time here.
Hey you jinxed it! Ha still not bad on an ugly market day. If the broader market keeps selling off, will gladly pick up some cheap AMOT ahead of earnings.
Who would give away their shares at $6.50!? CPSS just had great earnings of .22/share. Up from .15/share last year and sequentially from .21/share. Current quarter we should see earnings around .25/share. This stock would be undervalued at $10.
Sure looks like someone is accumulating ahead of earnings. Hopefully someone in the know!
I'm surprised with all the turmoil in that part of the world right now...people continue to sell TCCO at cash value. Such a momentum driven market right now. When TCCO announces a large order and the stock jumps 50% in a day...THEN the buyers will jump in. I prefer to accumulate now.