j, They have already told us exactly what is going to happen over the next couple years. HDD susp ships will continue to outpace the market growth and Hutch will eventually have about 33% market share. This has been evident in the results for the last 6 or 8 quarters now, YOY growth is happening. On the OIS side, they have guided (stated point blank in last couple ccs and presos) to 4 - 6 additional "wins" to be announced and said revenue from OIS will be meaningful in their FY16 starting Oct 1st. How fast and far it ramps beyond FY16 is an open question.
Now, look at the analyst revenue estimates for FY16. It is 100% HDD suspensions. They are forecasting $0 revenue from OIS in spite of what Hutch said during their last cc. The only conclusion is that the analysts do not believe Hutch.
Retail investors have a huge advantage over the professional investors with regard to Hutch right now. All you have to do is believe what Hutch management tells you.
Think about this....What has to happen in order for HDD susp to get back to 33% market share? Only one thing, keep getting back the Seagate business that was lost several years ago. That is happening as evidenced by the percentage of business that is Seagate per Hutch reports each quarter.
And this.....What happens to HTCH if TDK decides they want to buy Hutch? What happens to HTCH if NHK decides to exit the business?
And this....HTCH is trading at $2.75, a market cap of $90million. What does the company look like when HDD susp is 33% and Hutch OIS has 50% of a billion dollar market that is doubling in size every 3 years?
Could stuff go wrong? Sure could....and at $2.75 the market is saying Hutch market share remains at 24% and OIS is not real.
You obviously do not understand that a reverse split would destroy EVERY single naked short in ANR. They (ANR Mgmnt) are not doing it to get the stock over $1, they are doing to aggressively destroy the shorts. This is why it is likely they will go with the 1 for 20 ratio since it will result in only 11mil outstanding shares. Prior (same day actually) to the RS, every naked short will have to cover. Cheers.
I hope it does. A reverse spilt at the max ratio would be best for longs. They can do anywhere between 1 for 5 to 1 for 20. Let's hope they decide on 1 for 20. Why you ask? So very simple. 1 for 20 would reduce total outstanding shares down to 12mil or so and the share price would instantly be $20ish. This would get rid of all the penny flippin day tradin losers. It would also make the upcoming operational improvements much more visible to the investing community. The last thing a RS of this nature accomplishes is that it puts the naked shorts in a world of hurt due to the mechanics of the RS. Kudos to management. I've been through a half dozen RS over the last 6 or 7 years and almost every one worked out well.....OTIX, HSKA, INVE, to name a few.
Not that anyone asked or cares, but I am in b_fr_nk's camp on this one. Get over it and move on. Who cares, doesn't matter, it is behind us. Get in the habit of never asking Why. It doesn't matter. All that matters is the current situation and what happens moving forward. Deal with today's situation and forget about how we got here since it doesn't matter. Asking Why (as in why did it happen) is a fools game in the stock market....and, yes, I should follow my own advice....but seldom do.
There are many here who are smarter and savvier investors than me (I?). I enjoy reading their posts and learning a thing or two from their perspectives. I will never understand why someone posts on a message board of a stock they don't own or are not at least considering buying.
Longs will not need good luck with VTSI. Longs will need patience with VTSI simply because no one knows about it. VirTra is performing well, growing revenue, growing profits, truly great margins, debt free and has a smart CEO who is "all in" with about 15mil shares. I also like that VirTra has several irons in the fire (FAAC settlement, Modern Round deal). They also seem to understand the value of uplisting and decreasing share count though they have yet to act. At some point the stock will catch up with the company or someone like Taser will walk in and take the company.
Thanks again. I do believe you. Your opinion on this question would be helpful........What percentage of the 158million outstanding shares are in the same boat as yours?
I saw your reply on the other thread. Interesting. One other question....who is holding your shares? For example, do you have a paper certificate or are they in a Fidelity brokerage account or some other broker? Still seems to me you can sell them whenever you want.
Interesting, although I still don't believe you. VirTra is not an SEC reporting company so 144 does not apply. Of course I am not a lawyer so maybe I'm the one who is wrong.
details on your earlier statements about not being able to sell your 53,000 shares because they are "restricted" from some deal you signed on to 14 years ago. Thank you.
(I ask the question sincerely, but I have to say I do not believe that you cannot sell your 53,000 shares. If they are yours you can sell them. It is also not even legal to restrict for 14 years....in my opinion.)
would be buying HTCH today. Current quarter is just fine, Thank you. Pretty cool how SL cut it off at market open. Love that guy.
Please explain. Of course you can sell, takes about three clicks and 5 minutes to do so.
You are going to be one depressed dude when HTCH skys upward later this year. And stop making stuff up, if you haven't bought shares yet you really do deserve what is going to happen.
My new approach with MCZ is to "not care" and forget about it. I'll start to care again when it crosses $1 on the way up......and I have zero doubts it will. Just not sure when.
You stated...Wouldn't it be great if they can project some OIS revenue.
THEY ALREADY DID! Go back and listen to the most recent conf call. Specifically the Q&A when Penn was being pushed for guidance. He stated point blank in crystal clear fashion that they would certainly be shipping "tens of millions" of OIS assys in FY16 that starts Oct 1st. They have also stated a $2.50ish sell price.
Problem is, no one is listening and no one cares.