What I read is the stock had been way overpriced at 12, 13, 14 and that 10ish was more realistic. Now 9.85 give or take. now 10.00..and could very well get a cat bounce here before Christmas. whatcha think ?
Hold on Bucko ! Where did you hear the stock is overpriced, I got to know ! Seems the biggest problem is many "investors don't understand the TYPE of stock this is. What SPCB is not, is a large Cap Stock that has been established for a long time, pays a Dividend, and is low risk with boring returns because they are low risk. SPCB is a high growth stock with high risk and a 2 to3 bagger or more over 52 wks. This year we have for the FIRST TIME, 2 Analysts that follow SPCB and MORE IMPORTANT we have INSTITUTIONAL BUYING ! This is a ground floor stock that could have very high returns when it stops flying under the Radar.
If you are looking for a safe stock with lower returns and a Dividend this is NOT your stock. Good Luck !
You owned L-3, but now shorting RVLT? Didn't you learn anything? LaPenta ought to be "your hero"
No, I don't short any stocks.
Yes I lost alot of money for me when I sold in the 3s after buying in the 5s. That's when I realized every quarter except one due to a tax write-off is a NET LOSS ! I follow it just to confirm to myselve that I did the right thing. LaPenta should have stayed with what he knows, he doesn't know the Lighting Business and he is in the wrong field of business with to much competition. RVLT cannot match the competition as a stand alone company.
Who's going to use their credit cards at Staples now to buy their LED lamps?
First question is where is there a Staples. I know we have them in Pittsburgh but I don't know where one is but I do know where all the Walmarts are.
Second question why would you go to a office supply for LED lamps when offices have there own lighting systems.
If they were selling in Walmart that would mean something but one sale a day at Staples, if that, isn't going to bring in a profit for RVLT. If you want to be successful in home retail products you got to be in Walmart even if it's your "base" product, and Walmart sets the terms you are allowed to sell at.
The big problem is EVERYBODY is selling LED'S. You need something nobody else has or the big BOYS WIN. You guys still might make out on a buyout if you got in at the lows.
Checked my Zacks Acct. and WLDN is rank 94/265 or the top 35%. I've had a Zacks acct for many years and sometimes they are wrong but MOST of the time they are right , that's why I have the acct. What makes this strange is they along with many analysts still rate WLDN a Strong Buy day after day.
This report said we will see $18 again.
Q3:CY14 Review: Contact Wins Enhance Profitability; Affirms Outlook; M&A Offers Upside; Adj. Ests.; PT to $18
Provider: Wedbush Securities Inc.
Analyst: KASCHALK A
It is very difficult to speak to someone within the company.
The company isn't going to tell you ANYTHING ! Whatever the PROBLEM it will be told but not by the mgmt. they ARE THE PROBLEM.
Those that say there is no problem are wrong . Stock don't lose 35% of there value in such a short time of without a big problem. And you won't see any buyback either.
I guess you didn't invest with him when he built L-3. Too bad.
I did own L3 but your hero was only 1/3 of the 3 L's. The other 2 were Frank Lanza who was the CEO and Lehman Brothers. I'am sure the man is smart and very rich but what has he done for you and other investors, NOTHING BUT LOSE MONEY ! He takes care of himself I'am sure.
Considering who's driving this train, I am very optimistic
Tell that to the people that were buying shares July 23 2013 for $5.20 , almost a year and a half ago, and watching their money disappear in a steady downward trend to todays price of a buck 30. That isn't enough for those that buy into that genius #$%$ and all the B...S that goes with it. The only genius move he makes is the number of people he scams and the lies that are told.
Got me why we are down more than a dollar from TODAY'S High. NO News !
Why were you not wondering or worrying when the price went up from $11 to almost $19? Did you not notice that even when they announced what seemed like a spectacular Q3, the stock initially went down and didn't start moving up to the $18 territory until later? Aside from speculation that there is some bad news that isn't public yet (don't think so), there are 3 reasons:
The PPS going up from 11.95 to 18.42 took 36 trading days. The fall from 18.42 to today's 11.33 took 12 trading 1/3 the time, big difference in the trading pattern and not a normal trading pattern without an negative issue I think there is a "BAD NEWS" reason for that. Give it time, we will find out even if it is too late to do anything about it.
I agree about the cheap Oil putting pressure on the business. As for Tax Selling maybe, maybe not. Good Luck !
nasdaq show substantial extended hours trading. 800 shares at $13.00.
I wouldn't count on it as a good trade. The Bid is 11.11 and the Ask is 11.90 at 1805hrs.
We had people chasing $100 dollars bills blowing in the wind and pennies just laying on the ground. The Big Cap Stocks were the BILLS and small caps like SPCB were the pennies and not picked up. We even had a below average Volume day. Check again tomorrow when people spend those gains on stocks that are bargains !
Checked Zacks again and WLDN was indirectly referenced......
Fluor currently has a Zacks Rank #3 (Hold). Better-ranked stocks worth considering in the sector include Willdan Group, Inc. (WLDN) and AECOM Technology Corp. (ACM - Analyst Report). Both stocks sport a Zacks Rank #1 (Strong Buy).
That was today.
I agree something stinks and that is not factored in the ZACKS rating.
If their was some comment from WLDN on why the $7.87 PPS drop in 10 days. I know mgmt. has better things to do than to keep us informed about every little PPS movement but this event signals much more than that. That all I'll say.
Whose people that were buying on the dip look to make some money on those buys. Good for you, I hope it works out for them.
Only the participants in the know who were dumping stock on the largest down volume day in the history of the stock know the rumor.
Checked it out and you are right. This is the largest down day this year by a long shot if not the history. I can't find anything for the reason other than the cheap oil cuts into their business. I even checked the hometown newspaper in Anaheim CA and found nothing. They are hiring so that's a good sign. There where no afterhours trades, that's a good sign. My Zacks account has them as a strong Buy and that will be updated at midnight. Chances are they STILL may be a Strong Buy if Zacks finds nothing wrong and they have better information then we do. The selling may have been overdone and with no afterhours trades, we may get back a quick buck tomorrow. Oil started back up with a strong move at 1550hrs and closed up. TD Ameritrade also shows no sells and several strong buys and buys on their research site. Hopefully we have seen the bottom.
48% of third quarter revenues were from the "Energy Efficiency" business, and I fear cheap oil energy could slow down the overall urgency in all energy sectors. If nothing else, the sheer easy availability of renewable and clean energy financing could start to dry up.
Next you have seasonality in this current fourth quarter. Brisbin warned,
"The thing that hits us in the fourth quarter on the seasonality, Thanksgiving, Christmas and New Year's and I'm selling energy efficiency in Manhattan, it does get hit. And there's a few other holidays in there along the way. So we've ramped up very, very quickly, but we do have holidays in the fourth quarter."
Last but not least during the Q&A session it was mentioned WLDN should experience a 40% income tax rate going forward. That adjusted $0.34 of last quarter would actually be more like $0.20 on a taxed basis. That puts the last quarter's annualized P/E ratio at 23, but since we have been warned about the slow seasonality in the fourth quarter annualizing the third quarter isn't even necessarily a good metric."
All that being said WLDN has 22 job postings and some of the single posted openings have more than one opening since they end in "S", like technicians or inspectors.
Seems business must be good if they are hiring on their web site even with the cheap oil.
Another 20% off. I almost back to a full position...one more large chunk
Hey it's your money but you are not one of the ones in the KNOW. You don't know the reason for a 40% drop in the last several days. Stocks do drop 75% and NEVER RECOVER. ICLD was $19.39 THIS YEAR and today it's $2.85 and there are many others like that. Something illegal or some wrong doing is going on and the news will come out after all the damage is done.