Thanks. Yes I do like banks, especially now. Made quite a bit on WFC and BAC and recently bought back in to BAC, it will continue to rise for several years to come. I like BVA better than CSBB but I haven't decided yet whether I want to buy any BVA.
All that matters is the relative strength of the stock vs the company and the company vs the stock. MCZ is weaker than Mad Catz therefore MCZ is a buy. Simple as that.
I visited that site and saw the pricing last time you posted. I don't know enough about their systems or competitors systems to know whether the pricing makes any sort of sense. I'm just curious why the pricing is of interest to you? Thanks ursmax.
be an easy year over year comparison vs Q4 of FY2012 .....unless I messed up something in my calcs.
Reading through the FY2012 press releases, it would seem that Q4 of FY2012 came in at about $1.88mil in revenue and a small bottom line net loss of approx $130,000.
I gotta believe Q4 FY2013 was much better than that and very profitable and the headlines alone should cause the stock to rise significantly. It is stupidly undervalued at 6 cents. I hate to say it but I just might buy more.
Mission accomplished, you finally answered to Elmer! Rock on. May you become a wealthy wabbit hunta. Thanks for the math lesson, now I know.
will resume the UP trend. How do I know? Simple, today they painted the tape down a few cents at the end rather than up a nickel as they had been doing every day on the way down! Who the heck cares about that sort of junk? Entertaining though.
the line toward insanity due to MCZ's inability to drop with the rest of the market. The market is down 5 or 6% yet MCZ hasn't even budged. It is the same price now as a month ago and three months ago as yesterday and tomorrow. Hey, give Jerry some cheese.
Point is, MCZ at 30 cents or 40 cents or 50 cents or 60 cents is all the same, no difference. Anyone with more that half a brain owns MCZ for the upcoming ride to $3. Cheers. Keep posting, you brighten my day.
I hope and pray you are correct. That would be even a better buy than today. If it does happen, the sale will only last for hours.
I don't think so. I think the stock has simply been left for dead and has been forgotten about. Volume is low, trend is down, so who cares. No one can seem to think beyond a day or a week in this market. I love this sort of situation since I have the patience to wait and I know the tide is rising for Mad Catz markets and products and all the other reasons you and I like it.
Another good day to buy shares. I really don't understand all this volatility between 95 and 105. It sure seems to want to go up based on what happens to the price on the volume surges. It is also undervalued based on certain fundamentals and forward likely performance and quality of CEO. About all a guy can do is to keep buying until it busts out strong to the upside....maybe today I hope.
No, it will not count against them. And the reason why is refreshing. They mentioned that January was strong and said ships for the quarter would be 105-110million. 105-110 would be just fine thank you. And I sort of think this is as conservative as their last guidance 3 months ago of "flat to +5%". It all bodes well for the Company, the Stock, and the Shareholder.
A couple insider buys on Friday and hello 6s next week. Cheers.
Market share gains to continue
Hutch has reliability edge on some programs
Total suspension market growing
Over 10mil in savings per year by end of CY2014, gets them to 10-12%GM
Volume growth and yield impr gets them closer to 20%GM by year end
"Optimistic" "Well Positioned" used many times.
Bottom line, many reasons to keep adding shares, no reason to sell. Story intact.
I still don't understand why anyone would sell at 6 cents. Read the last couple earnings press releases, they strongly suggest the Oct/Nov/Dec Quarter should be pretty good and CY/FY2014 even better. 6 cents is less than 1X sales, silly.
If anyone reading this is a flipper, you will make tons and tons more money by playing with ACI or ANR or BAC or any really big liquid volatile stocks.
Happy to see over 1mil traded. Will be happier when volumes rise to 3 - 5million. It will happen.
Still seems like the momentum and volume and price are headed up. Maybe the jerkiness is because only a small number of buyers and sellers are interested. Then, someone throws the occasional "market buy or sell" into the mix and up/down we go. My gut says that once we break through $1 we are heading much higher in short order.
Hello again my friend.....I now have an almost full position of ULBI......might buy a bit more but will most likely just sit and wait with what I now have. They should have a very good 2014 and no one has yet noticed.
I just noticed Seagate's (STX) drop this morning. Their revenue and earnings and performance were actually really really good, just a tiny bit below consensus. Bodes well for the industry, including HTCH. But perhaps the STX drop momentarily took HTCH with it. I still think it was just a single silly long who bailed at the market.
Short answer: No
Long answer: Yes.....simply a delayed reaction to the rest of the market tanking on Thurs/Fri/Mon. Microcaps always lag, in both directions, by a couple days (on average, but not always). With earnings coming soon, there are always some nervous holders who unload at stupid times, usually "at the market" rather than limit. Look at HTCH today, another micro example of the same sort of thing. Many others as well. Good day to buy SPDC shares.
Yep, many goofy stories to be told in the hdd world. My favorite is when Seagate's holdings in Veritas were worth more than the entire market cap of Seagate! Late 1990s as well...then the public to private to IPO happened. Bizarre.
For Hutch to truly shine as a stock, they need either Magnecomp or NHK to go out of business so that there are only 2 companies left. By truly shine, I mean $30 per share and $2.50 in EPS. With 3 companies, I fear the best they can do is a $15 stock in 18 months or so.
Your faster than me. I didn't see it in time but I did buy some at a 3.67 avg. Looks like some fool put in a large market sell and then I saw 75,000 shares at the ask at 3.60, they were gone fast. I sort of think this was just some foolish person, reminds me of the drop the day of earnings about 2 or 3 quarters ago. A day later the stock was much higher. Weird....but that's the world of hdd stocks.