I would sure like to know what the people selling HTCH are currently buying. The volume is so low that these sort of prices really only benefit folks like me....a small retail investor.
A few weeks ago, you couldn't even give shares of MCZ away at 37 cents, today it is difficult to buy any at 47 cents......all because they announced a couple really big deals that ensure the upcoming FY will be stellar. Point is, these PRs came "out of the blue" and no one saw them coming. And the stock reacted.
Same thing is gonna happen with HTCH. We'll wake up one day and see a PR announcing some sort of good and great news. Blink. Then notice the stock is heading way higher on big volume. Patience.
that all these statements might be true at that time and at $3:
MCZ is trading at a trailing PS of less than 1.0.
MCZ is debt-free and has $8million net cash.
MCZ is trading at a trailing PE of 15.
MCZ forward prospects are brighter than ever.
It was also pretty cool that DR said that all these new products would be developed with virtually no impact on R&D and expenses. In other words, their current design team is more than capable of quickly and efficiently designing and releasing to manufacturing this new suite of RB4 products.
It would be interesting to find out which company did the drums, microphones, and bundles for RB3 and see if one can look back to see the bump in sales that resulted for those company(s). Might help shed further light on the possibilities here.
the significance of RockBand4 to Mad Catz as compared to RB3 a few years back. I didn't realize that the Mad Catz RB3 offerings were very limited and that this year's RB4 products and their bundling will result in a much broader suite of products.....basically all the RB4 hardware! It sure sounds to me like this broader offering, and the installed base, and awareness of RB is going to result in tremendous Q3 sales/profits AND that it should have legs to run through several years. Suddenly my earlier (months ago) guesstimates of EPS of 20 cents for FY16 starting April 1st is looking very possible. I loved how DR talked about the significant cash that is going to be generated in FY16 and how that will open the door to even bigger opportunities.
Buy all the shares you can get tomorrow, the price is a gift.
No kidding! When is the last time you heard him say "exponential growth."
The most significant event in the history of the company FOR THE SHAREHOLDERS! He said it. Listen.
I hope you heard what DR said about 2 minutes ago re/ Rockband4. Rock on baby, this stock is going way way up.
Lastly, no doubt HTCH will trade at a PS of 1.5 at some point in the next few years. And the S might be 3X current S.
Just a few years ago, Seagate was a $3 stock and Western Digital was a $9 stock. Why are they now $60 and $100 respectively? Simple answer is they decided to say Foff to Wall Street and that is what they did. How you ask? Seagate spent $1Billion and bought Maxtor and shut them down. This eliminated the competition and brought some level of reasonable pricing cooperation between the two remaining players. Then both companies decided to simply start giving all their money to shareholders via stock buybacks (and retiring those shares) and relentlessly increasing dividends.
So, what does this have to do with Hutch? First point is HDD is a healthy business, not going anywhere and actually improving. Another point is that we are now down to 3 worldwide suppliers of suspension assys. Years ago, there were many more. Just like with STX and WDC there were over 20 hard drive companies years ago and no one made money. Now that there are two, profits are enormous. Very easy to see a situation where one of the three goes away.
OIS. Yes, that is the wildcard. It is free with each HTCH share. In fact, I would argue that HTCH would be trading at $7 or $8 today if they had not developed OIS. WHy? Because EPS would already be very positive and growing. If you listen to cc's from a couple years ago, breakeven was said to be about 115mil/qtr. Hutch has funded the OIS development on the shoulders of their HDD susp business. So short term pain for HTCH stock in the hopes the long term upside will be much bigger. Without OIS, EPS gets to 80cents within a couple years. With OIS successful, EPS gets to $2 or more in 2 or 3 years. Revenues of $1billion within 5 years.
Good day to start buying some.
A couple years ago I asked meifud if they were the same and she said "yes". Maybe it was a lie....imagine that!
meifud and meifud2 are the same person.
Starts at 1:30pm Pacific time. The slides are not yet on the website though. Probably will be tomorrow am so something new to look at.
rich, Just stop and think for 10 seconds. That's all, 10 seconds. Then go back and listen to what was said with respect to the shelf. Then read the filing. Then think for another 20 seconds. The shelf would NEVER EVER be used for this sort of purpose, no company or executive is that stupid. If the company needs more money to finance inventory build or manufacturing or whatever, all they have to do is pick up the phone and call a bank or ask their buddy or neighbor to float them a loan. They can borrow $10mil, $30mil, $100mil for less than 7%-ish. The interest rate is meaningless since if money is borrowed for this purpose it will be paid back in less than 1 year. Any bank will lend any company this sort of money for this sort of purpose.
When the stock is $5+ they might issue 10mil shares to bolster the balance sheet but until then, stop spreading lies.
Why don't you upgrade to genuine leather? Cowhide is cheap right now.
This is the only ID I have ever used since signing up in July, 1998.
Your answer speaks volumes. You own nothing. Adios.
shares of any stock? Which do you own now? Thank you.
( I just wasted 5 minutes of my life and read your last several months of posts. All you do is rip on every person and every stock. )
Yes, I think it will go below 4.50 but probably not below 4.00......but that is just gut feel.
Huh? You can rip on me for lots of things, but losing money on SPDC isn't one of them. That stock is about 90% of the reason I'm retired. Sure, recently I bought a few shares in the 3s and sold in the 1s but it was about nothing.
If you want to rip on me for something I'm currently losing on, then go for MCZ and INVE, I'm negative on those but that's about it. By the way, both MCZ and INVE will eventually make me a ton-o-money my honey.