This question will prove I'm not the sharpest knife in the drawer.....how do I find out what your yahoo email address is? I thought there was a place I could click on Profile or something but darned if I can find it now.
uptrend isn't the worst of news. One small silver lining is they will get more for their money with the share buyback. The cc will be interesting, wonder if the 1mil order is still coming and perhaps a few others.
I'm not going to get into a "mine is bigger than yours argument", mainly because I know mine is bigger.
If your house or apartment was warm last night, you can thank me. If you used hot water today, you're welcome. Maybe you interfaced in some way with a hard drive, you can thank me yet again. I don't for one second believe your 15 or 50 BILLION numbers, but I give you props for winging that out there. My patents in multiple industries are a little icing on the old cake as well.....but I digress.
You do realize that MCZ is a nothing little company and that the total market cap is sub-50mil. Why expend so much effort to downgrade their considerable accomplishments? Seems silly. I'm here because of the chart history (it will repeat), the valuation, the insider buying, their move to higher end products, and so on. If you are short, you are an idiot, the max $ that can be made is $50mil, If you are long, that is smarter, since the upside is maybe another 200 or 300million, but whatever.
I give up with you. Please continue your delusional drivel.
I agree with your sentiment. That said, it is the rare microcap company indeed that actually does defend their share price. For most, it simply doesn't matter unless they are planning to sell more shares.
In the case of VirTra, whether the share price is .04 or .10 it really impacts nothing at the company. Any customer that is aghast at buying a product or service from a company with a 4 cent stock price is going to be equally aghast at buying from a company with a 10 cent stock price. My guess is when the subject does come up they tend to point toward their 6million market cap and stellar balance sheet.
The 1 for a 100 reverse split from a couple years ago (had it been approved) would have solved many many problems yet many stupid shareholders were too stupid to approve. I am sure we would have a $10 or $12 stock price today had that RS happened. Sad. They need to try again.
More importantly, they should be buying back and retiring shares at a frantic pace. They should immediately use all cash and borrow another 1 mil dollars and buy back 30million shares and reduce the share count to 128million. Nothing would send a stronger message.
So, I agree with you. The most frustrating thing for me is that there are simple cost effective things they could do (if they cared) to improve shareholder value....yet they don't. Sad.
telecomguru, you said...."..I feel ANYONE could copy this product and produce millions of units within a short period of time"
With all due respect, my guess is you probably have never worked for a large company that makes stuff. Or a large tech company that makes stuff. Large companies cannot do anything fast. Again, large companies cannot do anything fast. Simply not possible. So, you still make a valid point but the immediate threat is not from a large company but rather from smaller boutique design houses (similar to Mad Catz).
That is one reason I still believe Mad Catz would be a nice acquisition for one of the big boys. They would likely leave it alone for two or three years before the urge to dabble with it would take over and ultimately they would destroy it.
Hi fabulouspoodle...all good points. I'm just frustrated with the CGR stock direction verses that of the company. I sort of own CGR for a tiny hedge anyway and also to force myself to learn a bit about this sector (sort of like Pelosi saying we have to pass it to know whats in it). I also hate it when people get shaken out at the absolute lows...I will ride a stock to zero (and have) before selling.
HTCH is going to do well, very well. Just have a bit of patience with it. Only question is whether it sees 2.6 in the next month or so. After that, should be smooth sailing to double digits over the next 6 - 12 months.
Look at the 10 year chart...sometimes it really is as easy as buying low and selling high.
Look at the Book Value....MEA has to double to get to BV, that can't last.
Look at the US and World economy....getting better or worse? I think slowly better.
Look at the Steel stocks....they have clearly bottomed and are now trending up slowly.
Look at Insider buying....and lack of selling.
Look at the stock price relative to the 50dMA and 200dMA and direction of those dMAs.
Cheers....and for goodness sake, don't sell at 2.28.
I have ZERO doubt that HTCH will be well over $12 a year from now. ZERO doubt. At this point, they couldn't screw it up if they tried.
Stop trying to think, you're gonna hurt yourself with that sort of "reasoning." I feel even more stupid for having read it and replying.
Keep the faith, MEA is heading several times higher than 2.27. I expect 3 within 3 - 6 months and then a slower rise to 7 or 8 by later 2014.
...of course the better the Hutch product performs in terms of quality, reliability, performance, cost will influence the volume they get on any given program......so the boys in MN do have something to do with it :)
I don't think the boys in MN have anything to do with it. Hutch ship volumes and the pace of continued market share gains are 100% at the mercy of how quickly Seagate ramps the programs on which Hutch is qualified.....and longer term, how quickly Hutch is qualified on programs currently in development....all in my opinion.
That is a really good question, why are they only offering the MOJO with a controller and not stand alone? Seems it should be offered both ways? But I admit to being clueless about this sort of stuff.
The market obviously agrees with you and not with me. I look at this as either a total non-issue or even a positive for CGR since it will reduce expenses and likely even headcount by 1 or 2 people. I added shares today and will hang in there until it is either zero or much higher than current price.
Will shareholder liquidity be impacted? I doubt it, but even if it is, that isn't even a bad thing for a penny stock since it keeps some of the flippers at bay.
Those of you believing gold prices are heading higher anytime soon are also delusional. It is easy to see gold at half of today's stupid high price. Will CGR survive gold at $600 or $700? Of course, as will most others.
This is a balance sheet play and a bit of a hedge against many other stocks, nothing more, nothing less.
I admit, the more I type, the more obvious it is that I know next to nothing about the mining business. That said, I am an advocate for buying low and selling high.....that's why I love these sectors right now: coal miners, gold miners, mall retailers, some banks, some utilities.
Cheers All....tomorrow will be better.....though I wish Omama would stand firm and keep the government shut down and not raise the debt ceiling. Rock on.
move your account to Fidelity....only $8 per trade and great customer service....if your account is big enough, they will pay you to move it.
Seems we are locked in between about 3.40 and 4.00 and no big stock move is going to happen before the Sept qtr report in a couple weeks. Maybe we trade up to the 4 level in the days leading up to the report, maybe we trade down to the 3.40 level, who knows.
Interesting how the analyst estimates still have not moved to the upside. They are wacko if they actually believe their numbers. Stock will probably pass $6 or 7 before they start to raise their numbers.
Good to see STX and WDC holding strong. Bodes well for all.