#$%$? This is sure going to make for an interesting presentation at tomorrow's C-H conference. I hope there are questions and it is recorded for replay.
Can't they at least tell us how many shares and at what target price?
Can't they be a bit more specific on why?
I don't buy the whole "it takes money to make money" argument. Never have, never will.
About the only good thing is the shareholders in this the deepest are Willis and Friends so I trust they see this as the best way to grow fast.
Yep, that's about 70 or 80% of it. The other 20-30% is a walkdown to take out a few stops and steal some shares. Bodes well for the future...both near term and far. Cheers.
8am Eastern time tomorrow (Thursday) morning. This is the time listed in the press release.
HTCH stock is going to make a big move one way or the other very soon. The stock price, 50dMA, 200dMA are all converging. Perhaps tomorrow will be the push up and through the 50dMA, perhaps it will be the cc outlook discussed in the late Oct cc. I do expect the big move to be UP since Hutch market share is going to steadily climb over the next year or two to 30 - 35% (or better). I don't expect the current Sept quarter to be anything great, just more progress and likely cash flow positive but a small EPS loss. I do expect the first quarter of the new FY starting Oct 1st to be very cash flow positive and show a small positive EPS.
$12/share within 9 months. Cheers.
True enough on it being worth what the market says its worth. I also have no illusions about it going to 100. All that said, I am certain it would be worth $8 to $10 today to an acquirer and I am relatively certain it gets there on its own within a couple years.
I am curious why you think it would be a good fit for Motorola?
I'm not a seller. In fact, I added shares yesterday.
My guess is they are selling to simply lock in profits and hope they can buy back lower based on previous several years of chart history. Sometimes this is a reasonable approach. In the case of UVE it is stupid. Why?
.....because the total overall share count is steadily falling due to the buybacks at hugely attractive prices.
.....because UVE management FINALLY decided to have professionals manage their investment holdings, yea!
.....because the recent rate increases in FL are not completely priced in yet.
And on and on. This is a buy. Cheers.
Great post and dead-on accurate. I'm in for similar reasons though there are some very good posters that specialize in very small company stocks.
I'm curious what other stocks you own now that you think are good buys right now.
My top 3 at the moment are SPDC, HTCH, MCZ. I also own LOJN, MEA, LTRX, INVE, VTSI, SSY, COOL, and a few others. Of these, MEA, LTRX, INVE, HTCH, SPDC are good buys right now.
Great idea! Please short as much stock as you can. Purely brilliant move. You will be rich. By your math, I'll bet you will make 200 or 300%......cheers.
....a needed pause, some consolidation, get rid of a few momentum folks.
....then up up for the next leg.
....my guess is this is a very short pause and we pass 1.11 by the end of this Friday
....at that point, the company needs to help us out a bit with some validation of what we all think is coming
Today's PR on NEXCOM is also a super big deal. Like their earlier Army announcement, this NEXCOM deal isn't going to add any significant revenue until the next FY starting April 1st but man o man are things ever setting up for a huge revenue jump for FY15 starting only 6 months from now. As you said, time to buy is now.
Sorry, I know that's more than 3 but lots of good buys out there right now. If you are doing a contest, use my first 3....HTCH, SPDC, MEA.
like over the next year? Take a look at ZLC...my guess is that is almost exactly the way HTCH will look, dollar for dollar. I never bought any ZLC but did take a look a few times when it was low but was too stupid to buy any. Looked today and said, rats....but then smiled as I saw the chart similarity to HTCH. Cheers.
Good to see, wonder who is buying, should attract some attention. Be patient and we'll be looking at 2 in the rear view mirror before you know it. Cheers.
This is the Gap being filled. Should get there on Wednesday or Thursday. The nice thing are the fundamentals and outlook to support and sustain the move.
Excited? Very!....and here is why - Look at the multi-year chart. This is the time to buy Steel, Coal, Scrap, Retail, Miners. Sometimes it really is as simple as buy low and sell high.
26 months the 200dMA has turned up! Sort of makes the recent crossing of the 50 over the 200 more legit in my eyes. Also, look at the volume numbers on a 5 year chart, it strongly suggests we are headed much higher. I also keep thinking that one of the bigger players would love a boutique design house like Mad Catz. It would be difficult to replicate something like this inside a bigger company even if you did have 100mil to play with. No way to replicate the culture.
Good points. My own belief is stock charts/support/resistance/50dMA/200dMA reflect the psychology stuff and that is why they work slightly more often than not.
If you want to see a couple really interesting ones right now with respect to the 50dMA and 200dMA, take a look at SPDC (testing the 50) and HTCH (testing the 200). If I were a firm believer in charts, I would be maxing out the credit cards to buy both right now. As such they are already 2 of my 3 largest holdings (and my buying had nothing to do with the charts at the time I bought them)....MCZ passed them today! Yippee.
Have a great weekend.
Hi micro, In the particular case of MCZ, I really don't think 80 cents means too much. I think the next hurdle is to get solidly above the 1.10 - 1.20 range. I sort of think we get from here to there pretty fast....maybe next week. Cheers.
I think there are a couple things going on. First, it is being walked down to test the 50dMA at about 3.30ish. Second, short interest has gone a bit higher so I think a bit of this move is due to selling short.
....and another observation that may or may not be true is that the company seems a bit more sensitive to the overall moves of the market....likely due to Russell inclusion and higher institutional ownership...or not.
I think it would e wise to buy shares in the 3.30s on Monday/Tuesday and ride it well past 4 going into the earnings report in late October.
It's easy to do, just sell and move on.
If not, then buy more since you've decided it will go above 63.