Read it from the SEC 10Q Quarterly Report !
Summary of Results
For the three months ended September 30, 2014, the Company reported revenues of approximately $26.9 million and net loss of approximately $1.4 million . AND That's a FACT ! Don't use those smoke and mirrors numbers mgmt. uses that don't include things like expenses and taxes and fool a lot of people, that's the games mgmt. plays.
Remember the "shelf offering" filed with the SEC Oct 22 to sell up to 50M worth of stock at any time mgmt. sees the need to raise capital on the backs of the current stockholders by taking value away from their stock. There are 83M shares of common stock outstanding worth 122M @ todays close. Add another 50 M dollars from the offering and the current stock will be worth a little over 1 dollar as of today which means the stock will be close to being delisted if it drops below a buck for 30 days.
The LED market IS NOT A NEW MARKET. LEDS are everywhere in cars, homes , stores, street lights, ect. The problem is everybody is in the market to try and make a killing. Only the BIG BOYS have the deep pockets to run the small cap companies out or buy them up and make a profit. RVLT is as good as gone by next year.
heelflip56 • Jul 24, 2013 10:29 PM Flag
LaPenta , BURY these shorts for good ...put them in the grave....announce the big one
you can and will do it.
That was the "SHORT SQUEESE" when the stock closed July 23, 2013 at $5.20 ! Boy did those SHORTS get BURN all the way to $1.46 ! What a bunch of losers those "Shorts"! Why stop now ? This guy LaPenta that everybody says is so great is just playing you guys. Wake Up !
Don't know where you are getting that info but 2 different sources I use show only 2 after hour trades:
Sorry, you are right. Cleared by temp files and my numbers are same as yours now.
i'm a fan of institutional investors, but i think, generally, SPCB is a little small for the big institutions to get a piece they would like. Less than 15m shares o/s and volume can be anemic on days
You might want to check out the NASDAQ s.i.t.e. do a search on SPCB , click Institutional Holdings that will show you the number of active positions that have increased or decreased by the number of holders and the amount of shares. Also the number of NEW and SOLD out positions. The information is a little old, dated 9/30/14, but you can get an idea of what the trend has been and it has been VERY GOOD.
Longs can't sell - Shorts can't cover - Now we wait for a reason to start a SHORT SQUEESE
Why would the "shorts" want to cover"? Short Squeese ! You got to be kidding ! I've heard that since the stock was 5 bucks and I sold at 3 bucks once I figured out this company NEVER MAKES A PROFIT ONLY A NET LOSS and buys REVENUE from takeovers that also are not making money but add revenue that RVLT can spin in their ER but the BIG BOYS can't be fooled like the small investors.
! I am saying, speculating and investing with the belief that it is up from here!
Good Post but I think nothing is going to happen UNTILL THEY POST A REAL PROFIT ! When and IF THEY DO this stock turn around will be quick and take a big % jump to the upside. People want to see a recorded profit not any rumors, the real thing, SHOW ME THE MONEY !
Might be of some interest.
Periscope claims that they are responsible for an investment by Sigma Wave, the Company's current controlling shareholder. The Company believes that Periscope is not entitled to any payment, since the agreement with Periscope was never approved by the Company's authorized organs and since the acquisition of the Company's convertible bond from a bondholder by Sigma Wave was not "an investment in the company" (the Company was not part of the transaction). In addition, the Company position is that even if the agreement was enforceable, it terminated prior to November 28, 2010, and as such the Sigma transaction (not an investment), occurred after the term of the agreement with Periscope terminated. In April, 2013, Periscope proposed a settlement agreement, which was presented at the Company's general assembly for approval but this agreement was rejected by the general assembly in its annual meeting on May 9, 2013. Both parties agreed to go into a mediation process, which was ended with no agreement between the parties. In August 2014, Periscope proposed a new settlement agreement, which is currently under evaluation.
2. As part of the acquisition of the SmartID division of OTI in December 2013, the Company assumed a dispute with Merwell Inc. (Merwell). Merwell has alleged that it has not received the full payment it is entitled to for its services in respect of a drivers' license project. OTI alleged that Merwell breached its commitments under the service agreement and also acted in concert with third parties to damage OTI's business activities. This matter is now subject to an arbitration proceeding.
Remember, there is no limit to what you can lose when “short”
There's no limit to what you already HAVE LOSS until they are BK ! Then you lose it all but the good side is it's only 1.61 so no big lost. Book Value is only 39 pennies per share when it's 0 lookout.
SALE is over! Wouldn’t want to be short at this point, Longs are holding, will be difficult for “shorts” to cover.
Did I miss something? Did RVLT finally make a PROFIT? There was NO NET LOSS like ALWAYS ? SHORTS can cover @ 0.50 when the stock is no longer LISTED. Should take about 1 Quarter. Stock PPS loss 33.8% this quarter. thanks to all those revenue gains mgmt. always spins in the news. Means NOTHING WITHOUT EARNINGS !
Net Earnings Loss Quarter over Quarter, New distribution deal in late November, Higher EBITA, and Robust profit loss environment kicking off in 2015. Sitting near Record Breaking 52 week low, BARGAIN SHORT !
Since they said they would not dilute, it would be a bad move to do so now. Talk about destroying investor confidence.
Why do you think that "shelf offering" is listed with the SEC. It's there for them TO USE ! And they WILL use it. It might be a combination of debt and and offering. I would not think anything less of the CEO or SPCB with they did it that way, it's legal and done all the time as long as they don't do it more than once a year. If it's a good company the diluted shares will be a short time issue and will be paid back with increased revenue and earnings. Good Luck !
The SuperCom CEO said: "If we acquire this company, we'll almost certainly finance the deal with cash and by taking debt for a limited period."
He or she is right ! They will sell new stock to finance the deal. Why take on debt when you can put in on the back of the shareholders with a promise of increased profits and revenue in the long run which may or not happen. You need to get into the "real World". When I started buying all my houses I told the bank what they wanted to hear. To me as long as they got their money that's all that counted and that's common practice in the business world.( Watch "Back To School") Take the mgmt. word with a grain of salt. Bottom line that I do trust in is SPCB will do very well how ever they finance the deal. They need a bigger footprint in North America. Good Luck!
Can't win them all ! HIMX is green and stable with Volume higher than normal but not that high which is good. Looks like a solid stock both short and long term. Good Luck Longs !
and revenue was in line and guided to flat to up in the next quarter. I don't see anything bad here!!
You don't see anything bad because you're not looking for anything bad. The revenues were a miss by 2.86M. As for the other numbers they just were what was expected and in this market THAT IS BAD. Stocks are EXPECTED to BEAT the numbers. When I research a stock I ALWAYS pay more attention to the negatives then the positives. Too many people only want to hear the good stuff and turn a deaf ear to what they don't want to hear. The best investors learn how not to lose money as well as make money.
Pre-market has been active. Wants to stay green. Can only hope this continues into the open.
During a CC most stocks hit there high for the day. After the "pep" rally the PPS will settle down. We will have a good reading about an hour after the open. I would be very surprise if HIMX closes in the green today. Himx better days are ahead but not today.