I still love the fact that the last time it ran over $2 none of the insiders sold any even though there was plenty of opportunity to do so. They see a bigger and better future. Of course, the cynic (sp?) in me believes the only reason we are at 60 cents and not 85 cents right now is so the insiders could get some cheap ones....who knows.
bought some shares yet? You keep sniffing around and trying to stir things up (down in your case) so you must have some sort of interest. We're only 2 weeks away from the start of Hutch's first EPS profitable quarter that will be the first in a string of many. Notice the analyst estimates keep on rising. Seagate and WDC continue to ramp. Keep sniffing.
Those are the types of comparisons that help one hold through the rocky times and, more importantly, hold as our stock passes through 15 and 25 and 40 and beyond. It is going to happen. Good post Milberg.
I like the positive vibes. Anything in particular that says "three weeks" to you? I could see a technical bounce once it again lifts above the 50dMA that maybe takes it to 85ish. Q1 will be over in 2 weeks and will be reported in early August-ish. Not many stocks are going to beat the MCZ return over the next 16-18 months.
Great info xwallstcfo. I've read a book or two on stuff like this and it just amazes me that people/companies do that sort of stuff, but when there is money involved I guess all is fair.
60 cent bidder(s)? Did they go to sleep last night and dream/nightmare themselves out of buying? Did they realize insiders are not supposed to use limit orders? Did they fall off the bed and bump their head? Maybe they figured its cheaper to crash it below the 50dMA and buy lower? Perhaps, perhaps, perhaps.
I agree with your first sentence, very true based on everything I've seen as a far-away shareholder.
At this point, going private would surprise me because I think it should have already happened if it were to happen. Right now they could likely take it private for less than a dime, maybe $12.5million or 8 cents per share. I also think their motives as a public company are sincere, the talk of up listing, the audited financials, the cleanup of revenue recognition, saying good bye to duchess, the attempt at the 1:100 reverse split, etc. Lastly, the share price will eventually take care of itself as long as revenue, earnings, and balance sheet continue to improve. Only problem is it could take the better part of decade unless they start to lead with their own wallets and cheerleaders....maybe they could be virtual cheerleaders?
....and I keep buying more HTCH shares every week m'boy. Not only will it go to 8 but it will then go to 10 and 14 and beyond. Love you. Oh, and psst, it was extremely difficult getting many NAVR shares at 38 cents, but I did snag about 15 to 20,000 of them back then and a whole lot more in the 42 cent range. Sure, I started buying on the way down in the 4s, then 3s, then 2s, but those few shares were dwarfed by all my sub-60 cent shares. Doesn't much matter what you choose to believe as long as you choose a scenario that makes you happy.
divin4tacos, You said..."and if we were not there, the 'Terrorists' would not attack us!!!!!!!!DUH"
You are obviously not the brightest bulb on the Christmas tree. You sound like the typical weak confused democrat. You are also likely a flaming liberal wacko if you actually believe what you wrote. We are being attacked because the United States of America stands for FREEDOM. We have private property rights, freedom of religion, free speech, equal rights for all men and women....all things that would effectively end the terrorists way of life and all things that are in conflict with their radical religion. That is why they attack us.
within a year or three, SPDC will start to see the sort of valuations (PS, PB, PE, EV/EBITDA) that AMZN and DWRE have. If you haven't done it yet, listen to this am's cc. Perhaps THE MOST SHOCKING (in a good way) cc I have ever heard.....we should all start chanting the following: Sara, Sara, Sara
If you really want to amuse yourself look at the key stats for DWRE (and AMZN).
I think some here are becoming distracted/anxious/worried about nothing when it comes to MCZ. The company is fine, is performing well, has a great outlook. Over the last 25ish trading days, volume has been tiny and meaningless, only day of the those 25 had slightly above avg volume. Most others were like today. People like us are in waiting mode because we have enough shares. Others are waiting because they want to see trailing performance that is profitable before buying. Momo guys aren't going to jump in until the stock breaks upward on decent volume. So, we wait. But the neat thing is the wait isn't going to be long. Hard to see a scenario that doesn't have MCZ much higher by Thanksgiving, only 5 months from now. For an investor like me, 5 months is nothing, for momo guys and traders it is an eternity.
jay, If it was possible to fully analyze and price a stock based on all publicly available financial info there would be zero opportunities in the market for stock pickers like you and I. "The market" also gets things very wrong all the time, more opportunities for us. Why you rip on SPEED is beyond me unless you are short (which I doubt) or want to buy more (which I doubt). I think you are irked that some of us actually did make 10X our money on this over the last few years. But anyway....take a look at ACI and ANR and tell me if they are correctly priced. Of course not, they are crystal clear 10 baggers plus over the next 5+ years. SPDC is a crystal clear triple over the next 3-5 years. And so what if I'm sometimes very wrong, how much can I lose? 100%, big deal, that is meaningless when you hit the occasional home run.
The main reason I again like SPDC is Willis and Co. have a plan, are executing against it, and have their own chips in the game. I also like the recent new money in the stock.
Your fascination with dilution is stupid. They have fewer shares today than they said they would have at the time they merged with SPEED, but whatever.
The only question that needs to be asked is this one.....Mr. Willis, Could you please do us the honor of painting us a picture of what SPEED looks like 5 years from now? Congrats on the quarter and Thank you for the honor of taking my question.