Bash-n-buy guys like you sjflegends are so immature. You could be much more effective if you would be more subtle with the bash part of the equation. I sort of do like how you call some of us cheerleaders. Rah rah rah....VirTra revenue, earnings, and balance sheet have improved for 10 consecutive years. Rah rah rah....VirTra revenue and earnings will be over 60% higher in 2015 than in 2014. Rah rah rah....VirTra has secured multiple paths to revenue and earnings growth - Middle East distributors/VARS, Modern Round, Patents, US police forces, US Customs/Border Patrol, Corporate private security training, etc. Rah rah rah.....the temporary stock dip from 17 to 12 has been on zero volume so utterly meaningless. Rah rah rah......VTSI is worth 35 cents today. Rah ...errr Knock knock knock.....VTSI ticker symbol might just change to something else along with a bunch o' cash.
a4 and/or frank, You guys must be a real hit at parties. Why carry on the charade of pretending to be two people? Don't answer, doesn't matter. Just strikes me as inefficient and weird. Saying that short interest went up 4X, while accurate, is truly misleading since it only went from 80k to 330k shares. Both numbers are still effectively zero. I'm happy you continue to buy shares and hope you have enough ammo to buy millions of them. FY ended March 31 so next report should be first week of June if they follow same timing as prior years. frank should have told you that.
dugmalus, You have been "anchored" by the current stupid-low share price. Set your sights higher otherwise you will be too euphoric to function!
At some point during the next 5 months, HTCH is going to go up $3 in one day and maybe $6 or $7 on one week. Jay loves my predictions so figured I owed him one.
It's always sort of fun to ponder what abc revenue at xyz net profit margin should/would be worth for a particular business. Let's say I have a start-up company that will sell nothing in year 1, $70mil in year 2, and 150mil in year 3, 300mil in year 4. GAAP bottom line profitability is 10% of revenue. Let's also say the market in which they play is growing by 30% per year. Then lets say the product and market is sort of "cool" in a hi tech hot product arena. But there is also fierce competition. So, what sort of PS and PE make sense? I would say a PS of 1.5 and/or PE of 18 would be about right.
To keep it simple, this means after year 1, company is worth zero.
After year 2, 105mil - 126mil.
After year 3, 225mil - 270mil.
After year 4, 450mil - 540mil.
Seems to me that our little company is right now at the start of year 2.
Of course I am contemplating what only the OIS side of the company is worth with the above time-waster. Since the market is saying the entire Hutch company is worth $90mil (yes, I know they have significant debt), either HDD susp business is worth less than zero or the OIS business is worth less than zero. Crazy.
There is stupid and there is stupid. I don't believe the CEO is stupid. I don't believe the CFO is stupid. I don't believe Harmonix is stupid. In my opinion there is a 0% chance of further dilution. I also believe the 41cent dilution had nothing to do with raising money but everything to do with getting someone to own a big chunk of the company. That bodes well for all of us.
I admit I am mostly out of the loop when it comes to SPDC these days but do occasionally glance at it...if only to shake my head. Still amazing how this sort of implosion could have happened.
...Your eBay post is interesting but I need help to figure out what it means. I assume eBay Enterprise is a Speed competitor. I also assume since eBay wants to get rid of it that it doesn't make any money? Are you implying that this sort of business is simply doomed since it cannot be profitable?....or is it possible eBay Enterprise buys Speed?
This is one time in my life I am happy to be fully invested in other stuff.....though I keep sniffing around here.
Yes, I spoke too soon. Selling at this time and in this way sure seems immature. May 15 is only a few weeks away and all the comparisons are easy and sales are clearly increasing. TASR could walk in tomorrow and buy the company for the equivalent of $50mil without blinking. Then think back to the last earnings PR, Ferris even talked with pride about how shareholders have profited over the last year. No talk of upcoming lumpiness in sales. No hedging in any way and even a certain swagger relative to the past couple years. Now is buy time, not sell time.
you! Cheers all.
to buy shares below 11 cents. Someone must have simply decided to give up. Stupid decision but whatever. Even the news today was fantastic, VirTra wins and FAAC loses. If a monetary settlement it will show up on the balance sheet when Q2 is reported August 15th. If some sort of royalty or licensing thing, that too will be evident.
VTSI now trades at less than 1X revenue for the current year.....yet has zero debt, plenty o cash, GAAP bottom line profit of about 15% and has a proven track record of growth that is now clearly accelerating. What a gift! Cheers all.
I'm an engineer, not a scientist. I consider that prediction to have been reasonably accurate as my 47cent shares (small pre-market buy) from early March suggest.
Knowing that my predictions irritate you is truly priceless to me. It is reason enough to continue making them. HTCH - It is the best buy I have ever seen in the history of the stock market. My timing was off on my prediction for that one simply because I did not know about their OIS efforts until Aug 1, 2014 when it was announced. HTCH will be a $30 stock within 3 years. Sure, that is only an 11 bagger but what makes it such a good buy is that there is 100% certainty that it will happen. INVN - Not a clue what you are talking about, I've never even heard of a stock with that ticker.
If you actually believed even one word of your own post you would not have spent the time and effort to write it. Just buy some more shares, relax for a few months, then sell them for $3 at Christmas time. Does it really pain you so much to have to pay 43 cents rather than 38 cents? How sad is that. Cheers.
This is just my uniformed opinion and a pure guess....
Because what other company would give me 15% equity in the company!
Plus, what self respecting 10 year old is going to want to use old stuff without up to date designs and colors and logos. And parents never have a clue what to buy for their Susie or Jimmie for xmas so this RB stuff is a no brainer.
This isn't exactly rocket science. In the case of Mad Catz and Harmonix "publishing" simply means issuing a purchase order to "The Acme Publishing Company" to produce the dvds or cds or whatever the physical delivery means is these days. I could do that in about 10 minutes, the only tricky part is the quantity. The other part of the equation is also simple, pick up the phone and reserve some shelf space at Target, Walmart, BestBuy, etc. Even this should be far easier than years ago. With RB4, it might even be possible to get these big retailers to PAY Mad Catz/Harmonix because they know RB4 will generate traffic. 40 cents is a joke.