Hi o08o, I'm considering an investment here (found it by clicking on your moniker and snooping around to where you've been posting). I like the valuation, the dividend, the balance sheet. My only two concerns are the stock chart (seems to be trending lower) and the new CEO. I just listened to the late January conf call and I'm wondering why they didn't open it to questions. I'm also wondering why the CEO never mentioned "growth" or "shareholder value". My question.....Do you know anything about this CEO to inspire confidence? I'm also clueless about their business as far as what it is they actually do but given their track record they must be doing something that is needed.
Any info appreciated Cheers.
beautiful and encouraging thing I have ever seen. When the next short numbers are published mid-next week it is going to get attention.....because even though the number of shorted shares has begun to decline, the short interest (number of days) is exploding upward....a beautiful thing. Cheers.
Congrats on the IFON move. Wish I was in it.
You are probably right about VirTra. I'll go back to my lobbying for a small Q after Q buyback, $100k per Q. Over several years, it would help us out quite a bit.
The other thing I wonder about is Taser. Their stock is sssoooo inflated (maybe rightfully so but not sure) that it would seem to me they are doing a dis-service to their shareholders if they don't try to capitalize on it. What better way than to use it for an accretive acquisition? No product overlap, lots of synergies, similar customer base, opens some new doors, and gives a new growth vehicle at a valuation that helps TASR shareholders....a ton. Of course I'm talking about them buying VirTra. Why wouldn't they? I can understand why Ferris might not want to sell, but think what he could do with all the extra resources and a proven Salesforce. Hopefully if Ferris is approached by Taser he is smart enough to let the BOD and us wee little shareholders know about it. Give me 20 cents in cash and 30 cents in TASR shares and I'd be happy. Of course, next year the price would need to be higher:)
as aggressive with VTSI as I have been for the last several years with VirTra.
For a couple years now I've been saying that they need to start decreasing the outstanding shares. Slowly start buying back and retiring shares and take the share count from 158mil to 155 to 152 to 145, etc. Quarter after quarter using maybe two or three hundred thou each quarter.
Now, in light of the company's accelerated growth and unbelievably bright prospects and strong bottom line and balance sheet, I think an even better (more aggressive) approach would be for Ferris to walk into the local bank, borrow $10million and buy back 40million shares at 25cents or, if lucky, 50million at 20 cents.
The company would be left with 110million shares and 8 million in debt. The debt would be gone in 2 or 3 years and EPS would really start to look as impressive as it is. And the strongest of all messages would have been sent to shareholders, namely that VirTra does care about shareholder value and the future.
Companies like UVE, STX, PII have all done this (much to my delight)......it is for the shareholder, look at their stock charts. Same should happen here.
VirTra could even get really clever with this and approach several long time large shareholders (if they exist) and offer to buy them out for maybe 12 or 13 cents. Yes, sub market because no way could a large holder liquidate without crashing the stock. This is what UVE did.
Cheers All and thank you to whoever bought 1000 shares near the close so we didn't have to look at .155.
Holy chickens! I agree with you! They need a single name/brand for every product the company produces.
bought themselves 75k shares. Form 4s on Friday?........or not. Sure is puzzling why ricfauxleather is in such a panic mode of late. Maybe he just realized that his buy orders at 35 cents will never get filled?
delweine, You are being too cute by half. "Powerful activists" you say? Yea, they are so powerful that everyone ignores them. So powerful they don't even own 10% of the company. So powerful they can't issue a press release. The argument about urgency that "g" made is patently false and just stupid. The market in which Identiv competes is in its infancy, there are many players, there are literally thousands of potential customers, it is fragmented and will continue to be for decades. That is the nature of this sort of business. Identiv needs to continue improving their company and products and getting sales and growing the business. 20% growth year after year after year mints multi-millionaire shareholders in a darn big hurry. Cheers.
The good thing about this sort of business is that things usually change very quickly. I suspect there will be some good news and glimmers of hope.
It is not possible to write a better script than this for the longs. I could add no resistance in sight and crossing of the 50dMA, but why pile on? Cheers all.
Hey there hulk. You are a moron, over the last month you have lost 50%. Over the next month your losses go over 100% since you must be short with all your big basher talk. The only one dumb here is you. You have proven it day after day. Short more!
This news alone should have made coal stocks double TODAY. Why you ask? Because it makes it crystal clear that the Keystone pipeline and several others will be approved soon. So what you ask? Simple, the only reason ANR and ACI are at $1.25 and not $5.21 is because of railroads carrying oil instead of coal.