Who else is getting excited to hear about the plan for the 29 million raised from 2.1 million new shares this summer??
You do realize YOU PAID For those 2.4M new printed shares out of your share value that you hold at the time of the offering. The PPS that day was $13.62 and it has been in a downtrend since then to the current $9.99 , nothing to get excited AT THIS POINT unless you are "short" or like losing money if you are long.
That being said, If the funds are used for a purpose to generate future profits that will be worth it in the long term but that has let to be proven. Nobody knows for sure what is happening @ Supercom we all just trust them that the outcome will be good. Good Luck Longs !
Earnings 0.27 Range from 0.25 to 0.29
SuperCom, Ltd. is estimated to report earnings on 08/24/2015. The upcoming earnings date is derived from an algorithm based on a company's historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 3 analysts' forecasts, the consensus EPS forecast for the quarter is $0.27. The reported EPS for the same quarter last year was $0.19.
With all due respect he seems long on trading Philosoply and short on the hard numbers. We all need more hard numbers but they are hard to find for this stock. All we seem to know is who is for the stock and to what degree.
With a lot of Bad News already baked I the PPS SN exceeded expectations by at least 0.16, depending on whos numbers you use, and they increased guidance by 4%. The only shortfall was revenue and I think much of that is baked in. Nobody expected much and they hit a homerun in earnings so "shorts" may try to drive the PPS down to cover today.
Several of SuperCom’s research analysts updated their EPS estimates to reflect the updated share count following the company’s follow on.
That's news to me where is the link or proof of that. The last update was June 29 and 30th and they are posted after midnight every night with the name of the firm @ Zacks premium service.
Where can I find this information you have or are you just blowing smoke ?
Zack's goes from strong sell to strong buy. Now that is a terrible research company! If I start relying on Zack's someone please shoot me
Zacks has never been ANYTHING but a #5 Strong Sell for over a month but the broker recommendations , which Zacks shows are 4 strong Buys. There has been no changes in earnings since 6-29 B. Riley @ 0.29 and Felti + Co. @ 0.30, 6-30.
No NEWS= no change. Have to wait for it.
even if it happens it will be several months before any oil could come to market.
First the market looks 6 months ahead on something like this and second the "shorts" will spin it like we will be swimming in Oil tomorrow.
But the Longs say "Adjusted" Earnings beat by 0.04 and Revenue beat.
ZACKS for the first time in months, changed CPE rank overnight from #3 Hold to #2 BUY !
Problem is this Oil Market is so NEGATIVE and Headlines only bad news there is no telling what the CPE will do today but long term CPE is going up for sure.
. It’s a long term tool and tool kit for us. Less
BULL! You don't know much about Shelf offerings . It's like dumping a loan of candy in front of your kid and tell them not to eat any for 3 years ! Ain't going to happen, the shelf will be used before Thanksgiving !
That's the answer I'am getting on Fox Bus News.
API and EIA showed a drawn down last week and this week. This week the draw was greater than last week from 4.2M to 4.4M from the EIA and instead of Oil going up it turns negative by 70+ cents DOWN. REALLY !
Inventory reports should send it higher...a repeat of last Wednesday
The problem last week was the EIA did show a large draw down 4.2M I think. but that news was forgotten the next day and we continued the down trend.
As for the earnings I think we will be flat with not much of a change. Most analysts seem to support a Buy recommendation 8SB 2B and 2 H on my Zacks account with Zacks giving it a Hold . Target price 9 and change.
Usually after the close today the API comes out with the Oil inventory numbers which some people pay attention to and tomorrow the EIA comes out with the same and EVERYBODY will pay attention to that.
Then we have Earnings after the close and he only thing I know for sure is the PPS will not be $6.50 on Thur.
Oil ALWAYS CYCLES over time and TBoone has watched those cycles all his life. When Bush was in office Oil hit $10 a barrel then broke $100 bucks per barrel when the Dems took over.. I remember the DEMS saying if you're tired of paying 2 bucks a gallon then elect us. In a way they were right gas doubled when they took over and we did get the change as promised. The standard of living went down.
Oil will reverse its trend for sure, maybe tomorrow when the EIA comes out. Remember last week,draw down was 42M that is a big time drop. 2 in a row will get people thinking.