One would think we would see some follow through from the upgrades issued but seems we just can not get over the hump. I would have thought we'd be at 6.25 at the least today...., Oh Well.
after scooping up the IPO price at 68 the brokerage firms turned around and sold the shares they bought to their clients at market...., great deal for the firms...., no so at least for now, for the retail trader. What a deal!
I too am long SNGX to when it was DOR but for this company to have success for its share holders it will have to meet end points and get a real product. The only other way would be to either sell the company to big pharma or to partner with one to actually bring in sales dollars, i.e. a revenue stream.
scontakeover, you have evidently not done a very good job calculating a value for HIMX. You may want to consider more than what ever you are considering right now. First just on what the business of HIMX is worth without Google Glass or other partnerships they recently announced and then the ones that are in R&D, without those the company is worth $17.33.., that is the starting point, not your $12.50 mark. Now the unknown right now is the other stuff and is hard to factor in because of how the public will accept each and the fact some, if not many we don't even know what they are. So that said the potential alone could double the $17.33 at a minimum and is successful with the public go even that much higher. Keep in mind sale for HIMX are below 1B. Now factor in the manufacturing capabilities HIMX can ramp up quickly to deliver products. If successful, IMHO HIMX in a couple, three years could have strong growth to reach 2-4B depending on the products. IMHO this is a low number because of the potential of the global trade reaching more of the total population. I think it was Jack Ma this morning saying that he was not concerned about competition since of the 7 Billion people on the planet right now only really 500M participate and expansion from there is what he wants to go after. Now imagine this if one considers the population number and then looks at HIMX sales say at 1B that only represents 15 cents per person on a one time sale of one product. So the potential is there.
Bottom line, Because HIMX works with a lot of companies, I do not at all think they will be a takeover target from Google. However, they could be for a competitor of theirs. I just do not expect this at all..., at least right now, and surly not for a tiny $12.50 per share.
So jme, how this post now nine days later going for you? I notice you are silent right now. I am sure you will dribble more soon. You may want to revise your strategy a bit.
That's what I have been saying too dar.
The smart money ;-) they know the guidance is a low ball number, after all if one looks at the last guidance, one can see they did beat that...., what's to say with everything considered, they won't beat the new number even more. Too many reasons for RAD to beat and only one that they will meet the new number. The smart money knows this and I expect we will start to move up to $6 by the end of the day. Also look at RAD's price to sales at .25 that's 25 cents on the sales dollar a 75% discount. Also a forward PE of 12.42. IMHO more upside to come for the pps. Longs can put up with today since for every sell order there is a buy order and with todays trades a new bottom base is being set and with each earnings report in 2015 we should see strong moves up. Next year we should be at the least double from here IMHO, then the sellers today will see the error of their ways. Also, in some aspects maybe the sellers or at least some of the sellers today are interested to participate in the Alibaba (or what ever the spelling is) IPO and just need the funds.
Well one would think the analyst has done their homework. Piper and VVTV do have a relationship though and that also should be considered. However if they have been in contact with MB and sales are up for VVTV then the pps should be trading at around $6.25 today since piper raised their estimate to 9 as you have indicated. It would be nice to hear some sort of guidance by MB which would be a direct difference to KS. With the market continuing to move up one would think we would see some follow through in the pps today from yesterday by the end of the day. However, the volume is much lower today and the pps has pulled back from its intra day high. That said if we see a come back by days end we may see the volume also go up..., this would be a very positive signal to a next leg up IMHO on a technical bases.
I don't smoke myself but as a business decision I would let people make that decision and provide them the product since it is legal to do so. The government went after the cigarette companies based on health reasons but in the end settled for money. See the government didn't care about the people, their interest is the sin tax they collect in the end. Next we will see marijuana sold as that too has a sine tax. Not to mention the sales tax on the sin tax. It is all about the money. CVS decided to take the high road in health, good for them..., but that decision will come at a cost as even they admit. I am just saying as long as it is legal I would not pick and choose my customers as CVS has done. To me that is just poor business. Now they are trying to spin it their way but if you were a smoker wouldn't you rather go to one store than two to get what you want? This is why I think both WAG and RAD will benefit. I do expect CVS to one day bring back cigarettes in the end but with little fan fare.
Not all but they will get their share. Keep in mind that smokers while in the store purchase other products than cigarettes so IMHO CVS is underestimating the impact. Both WAG and RAD stand to benefit from CVS's business mistake. We'll see.
This drop may not last as the volume is tiny. rue we will be down today for no real good reason but that just gives the smart money more opportunity IMHO. Let's what happen when the real market opens. Premarket is for the real dumb money, for the ones that shouldn't even be in the market..., to thin causing swings to panic people IMHO.
I would think with your name you would see a bit further than the sell on the bad news today and don't pay attention to the good news today. They beat by a double on their past guidance/estimate for the quarter. What's to say next years guidance is a low ball number? Remember to factor in the CVS effect. IMHO RAD will revise again upward once they see that benefit come in. Also keep in mind that if RAD is hit by the generics so shall the other two. CVS by not selling cigarettes will see less foot traffic and less foot traffic will hit the other products sales too. Besides the other relationships and acquired business RAD has been doing..., it seems there are a lot of things happening that are not being considered right now. That's ok, keep underestimating RAD and next year at this time let's see where the pps will be..., I expect double or better from here.
Beat by 7 cents. True, guidance lowered but remember they are not factoring in the CVS effect. IMHO we will see a lot more of these beats in 2015. Let the short term dumb money sell off today that is fine, the less weak hands the better. RAD beats by a double fact and goes down by an estimate. Be aware they BEAT those past guidance numbers and IMHO they will do it again. CEO is playing it very conservative IMHO and that is just fine.
Well, you should be right. However, I would point out that on the day MB and CG took control the pps was at $5 little to do with the change of control since there was no reaction at all too it. I would argue that no one really cared, since VVTV has little interest on Wallstreet traders. Now here we are three months latter at $5.13 and have traded down during this period to $4.48 (the lower end of the range for the last almost year). IMHO this new team preached about "exploiting" the assets of VVTV, but yet we haven't seen them even go after the low hanging easy stuff in the program hours. The only difference so far between KS and MB is MB is a better cheerleader. So for me I am unimpressed. I too see so much potential for ShopHQ but when will we see the right timing on this potential and exploitation of these assets. The time is NOW! I argue, on the low hanging fruit. We have been saying for years now that the pps will go "WAY HIGHER" but yet it hasn't. Furthermore we can not even get to the fair value peer group measurement. So I ask WHY? It is time for MB to step up, put down the pomp pomp's and take the easy actions today to show Wallstreet they mean what they say vs. just saying. IMHO VVTV deserves to trade much, much higher than its current range it is locked in and a breakout needs to happen. This breakout could happen with the expansion of the hours of programing and e-commerce relationships. LOW HANGING FRUIT!
Like I have been screaming for the last three to four years, VVTV in a peer group measure is nowhere close in their pps to where they should be. Currently VVTV trades at a .43 price to sales and the volume is terrible. The market cap is at 284M with sales a bit over 600M. At the very least they should have a market cap equal to sales and at the most 2.5 to sales. I would also go as far as saying HSN is under valued as well at its current market cap. If MB can show consistent profitability a lot of this spread can be corrected IMHO. But the real correction that is needed is getting Wallstreet to take notice and more institutional activity in the stock and get the volume up. The real issue for the operations side of the business is the lack of expansion of the programing hours that should be taking place right now by MB since he has had three months to absorb the current business model but has yet to change the easy stuff. One can cheerlead all he wants, but actions are what all the investors, institutions, and Wallstreet are waiting for. It is all on MB now and for the most part The Clinton Group who pushed for change and positioned their team to exploit the assets of VVTV. As for the current pps at the minimum it should be double where it is today, plain and simple. So much potential, yet so little actually getting done. But the real truth is this industry overall has been out of favor for years. Like a spring with a ton of rock on it, just waiting for someone or something to chip away enough rock to let the spring go. Maybe as we see some real strength in the economy in both wages and employment, getting retail sales up, then VVTV can prosper or at least get to fair value. VVTV needs progress and strong revenue growth and the low hanging fruit right now is in the programing hours in a day..., MB needs to expand that footprint NOW!