Advice for jay......dude, take a chill pill. [As an aside...Prices fall, margins improve, it actually does happen occasionally with hi volume retail products. It is simply an artifact of how costs and expenses are accrued and booked and timed.] Bonus advice......you should not have sold your MCZ shares at 40cents and should be buying at the current price.....oh, and psstt.....I doubled a decent size chunk o money in the last 3 trading days.....can you even spell SPDC? Ok, now I have to travel for a few days. Bye buy bye.
I have no way of knowing but my guess is the margin on the red Target bundles is much higher (as in better) than their normal bundles.
What was MM thinking when he went for it on 4th down at mid-field on the first possession of the game?
Did Lacy & Adams & Cobb & Rodgers eat so much turkey that they had greasy fingers and couldn't grip the ball?
What a truly uninspiring performance.
I have always said that the QB is at his best in domes and at his worst in bad weather/cold.
At least expectations are now so low (no playoff win) that it would be impossible to disappoint.
Amazing stuff....by the end of this wkend, this one single chain will have likely sold over 190,000 units at about $200 ea ....and ALL are promised for deliv b4 xmas. Physical boxes are already gone, u can still buy at that price via voucher with deliv b4 xmas. And the stock is 45 cents. It will wake up.
If I were short, I could understand the logic of not covering. A short has a 0 - 2% chance of doubling their money in 12 weeks or losing a maximum of 9% in 12 weeks.
I bought more shares last week at 3.685.
I'm surprised there is any left as I've been eaten lots of it for the last year-plus on several different stocks.
What I like about these recent orders is it has proved to me that this can be a $50mil business in a few years and a $100mil business in a few more after that.
inveforsale, Why get so excited? It is not worth it. Simply sell your shares and move on to some other stock. Lots of good ones out there without the baggage. Your posts do not pass the smell test, I believe you have hidden motives and are either a short (nothing wrong with that) or a bash-n-buy guy or maybe something else.
I continue to post here because I own INVE shares and believe they will soon (a year or less) be worth much more than the current price.
So, my advice for you....if you are short, simply tell us. If so, you are smarter than me. If you are long and actually believe what you post, then you should sell and move on.
As always Hopeful, great posts and thought process and info. Very helpful. I think the CFO and CEO are smart people. I also think that they believe there is no difference between a 40 cent stock price and an 80 cent stock price or between 60mil shares and 90mil shares......and they just might be correct in the long run. I believe they want Mad Catz to be a $500mil revenue company with a rock solid balance sheet and very good profitability and once they get there they know all will be forgiven and the shareholders will be happy.
All that said, it would be refreshing and helpful for the CEO/CFO to state clearly what "success" looks like in 1 year, 3 years, 5 years.
I called in and listened live. My impression/feeling (and I like that you used that word since it is also one that I would use) was that the dividend will remain "as is" for at least a year and that they will use the available .53 to support it. Based on what I heard, I would guess that after 1 year it is more likely the dividend will increase than be reduced. Several times Penn mentioned it has become a buyers market and the climate was improving for their business.
All that said, when the questions started, it became apparent that the big boys from the big brokerages were looking for more negative stuff than positive. Penn answered everything great but it just felt like these guys were looking for any reason to sell.
I really do love this stock.....and I added a bunch today.
So b_fr_nk, help me out.....exactly why are you still here? You and your clients have sold all your shares, you hate the company management, you despise the ATM, RB4 is a one-shot/one quarter wonder, and your EPS estimate is only a couple three cents.
...yet you post like crazy and continue to spin. Why?
Should be out Friday morning before the open.
They are consistent and always announce 45 days after Q1, Q2, Q3......and 90 days after Q4.
It is also very easy to get his direct phone number. Simply call the company and ask to speak to him. About 6 - 9 months ago I posted his direct phone number on this message board.....so if you dig back you can probably find it that way. I didn't write it down so I would have to call the company to get it....and I don't care that much.