I'll be happy with any sequence in which those events occur, and will be pleased if they simply deliver on guidance for Q3. This should be their first time reporting over $10 million in quarterly revenues, which is a true milestone for them. The lack of news is very frustrating, but I do believe that patience will pay off with Hipcricket. Little to do but wait.
Shareholders should demand a new PR team. As far as the reiteration of 34-35 million for the year, I have to say I wish to see raised guidance for Q4 and for FY2015 since they have now raised $9 million in money and signed a couple major deals. Is my logic flawed here?
The numbers they give us each quarter will have to suffice for now, but obviously we all want some info to help determine the value of the new deals. Also, we need to know how they are using the newly raised capital and why this painful dilution has been worth it to long time shareholders. If dilution was necessary to land the deal with Google, then we should see added revenues by Q4 at the latest.
Things will not improve here until, if we're lucky, the days preceding and following the next quarterly conference call in January. Until then, assuming the absence of any news from the company, this board will likely not be worth following. Unfortunately, the same can be said about the stock.
Just finished listening to all of it. I was relieved to see that the judges were equally hard on Yahoo's counsel. Not being a lawyer, it's hard to tell which way they will lean. The judges seemed surprised we did not appeal the claims construction and were clearly underwhelmed by the evidence we had in the "way" argument. On the positive side, the Judges seemed to agree with us that several questions could, and probably should, have been decided by a jury. It will be interesting to see what they decide.
Hard to tell how long this will take, hopefully someone with experience can chime in.
If the past is any guide we won't hear about this until December 2014! However, the stock has all but stopped trading this morning so investors may be expecting news soon. Trial announcement might actually put life back into this stock. There should be little to no downside if the appeal is lost, as the IP is currently assigned zero value by the market.
Sentiment: Strong Buy
Why does the author claim that no appeal has been filed in the Yahoo case? He brings it up twice towards the end of the article. Aside from its positive tone, the article is not great.
Agree about the article, it is nice to see it. None of those high price targets are very recent though.
Think Equity put a $3 price target on AUGT in November 2011.
When Dawson James reiterated their $6.00 target in early summer of 2012, they included their calculation that Yahoo would owe HIPP "over $500 million in damages for FY2010 and FY2011 alone". You have to imagine they all had lawyers vet Augme's IP before putting out those targets but, given all that has happened, is it fair to say any of those old targets remain relevant today? I don't think so. LT's target price makes sense considering the current state of the business, until the IP comes back into play, it is just not possible to put a value on it. Plus, all the old numbers would need to be recalculated based on the diluted shares and passage of time. The author loses a bit of credibility, IMHO, by including all those old target prices.
The rest of the article seemed up to date an provided a thorough overview of the business for those who have not been following.
First of all, when is Yahoo going to switch this board's url from AUGT to HIPP?? Second, there have been many informative discussions on this board, it but it's a waste of time to comment here if Yahoo will routinely delete all of the messages here and keeping the board hidden from people who do not know where to find it. Currently, if one visits Yahoo finance's HIPP page, there is no link to the HIPP message board!
It's not a matter of opinion- you are simply wrong. Your game is too obvious and it is clear you have not been following Hipcricket.
Still no trades, can't remember another day like this! Have to wonder what is going on here. Possibly related to MM, or perhaps Twitter? I would be shocked, but Twitter is looking to make strategic acquisitions right about now and they should have plenty to spend.
Wow. I feel badly for anyone who owned shares in VELT over the weekend, glad I stayed away from that company! I was already expecting the MM agreement to be released shortly after Friday's share price run-up, this is a great day / week for Hipcricket and Millennial Media to "kick" Velti while they're down and make some news of their own!
Despite a lot of dry attempts to make jokes on this forum, this guy continuing to post under "Just" or "Bird" monikers after the lapse is the funniest thing I have seen here yet! No offense to those who have contributed their humor.
The only thing I can think of is that HIPP is stuck on the OTC exchange. There is an inherent distrust in OTC companies, especially those trading for pennies as Hipcricket unfortunately still is. I would argue that HIPP needs to resoundingly beat guidance in order to make anyone take notice of their growth. It sounds like they had a great quarter, let's see if they deliver.
IMO if history tells us anything, it is to expect another extension. I doubt they would they have waited to the very last minute to announce a deal. They already had plenty of time to make a deal. I think MM is likely waiting to see how our cash situation is, and probably also waiting to see the results of the appeal we are waiting for in our Yahoo case. Since these questions have not been answered yet, the can will probably be kicked at least once more. Hope I am wrong as more news would be great and it is in both companies' interest to be clear of the uncertainty surrounding this.
I would expect it to take a week or two at least before we actually get word of what happens or, more likely, doesn't happen tomorrow. Perhaps a PR will be out right away if a deal is reached. If we don't see a PR about a deal in the coming days, I will assume that the can has been kicked.
This is big news. Clearly we are all impatient for details about the deal with Google and Mondelez but that is irrelevant in relation to this morning's PR.
Hipcricket is both improving the experience had by MGM's customers, while greatly increasing the mobile club membership opt-ins at individual MGM hotel properties. This combo is very valuable to the hotel owners and is something others will seek to replicate. What Hipcricket is doing for MGM can easily scale across the entire hotel industry, I would not brush this news aside so quickly.
Sentiment: Strong Buy