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Skullcandy, Inc. (SKUL) Message Board

uptabdowntab 325 posts  |  Last Activity: 8 minutes ago Member since: Jul 1, 1998
  • Reply to

    VTSI is a winner...

    by hopeful200 1 hour 25 minutes ago
    uptabdowntab uptabdowntab 8 minutes ago Flag

    Lots of catalysts ahead....late March Q4 report.....mid-May Q1 report....perhaps an uplist announcement to an OTC exchange.....early May shareholder meeting....contract wins......good times ahead

  • Reply to

    Stupid people and their money are

    by uptabdowntab 34 minutes ago
    uptabdowntab uptabdowntab 24 minutes ago Flag

    Or maybe it's really clever people and their money are soon even wealthier. So, let's say......9 months ago I decide I want to buy the whole company, but only want to pay 60 cents per share. Hhhhmmm, how to do that? Actually pretty easy. Buy a million shares in the open market at 60 cents, then strategically sell them off over the next 9 months to anchor the stock at 42 cents. Then make an all cash offer for the company at 60 cents. Done. All it cost was $180,000 (loss on the million shares) to save $20million (difference between paying 60 cents and 90 cents). And all legal (probably?) to boot.

  • soon (or eventually) parted. 25,000 for sale at 43 cents. We are 5 trading days from the Q3 report.....and someone is willing to take a loss to get out.

  • uptabdowntab by uptabdowntab 1 hour 40 minutes ago Flag

    If I missed a free lunch at the Hutch mtg today, I'm gonna be ticked.

    Anyone have an update? Optimistic tone? Good questions? Did they circulate with the little people after the mtg? Inquiring minds want to know. Cheers.

  • Reply to

    Everyone should relax,

    by fishaker 5 hours ago
    uptabdowntab uptabdowntab 4 hours ago Flag

    Thanks. Your VSTI (instead of VTSI) is a funny story. Good you made money on it.

    I would pay someone a ton of money right now if they could convince/assure me that ANR will not declare bankruptcy. At sub-$1 it is less than 10% of tangible book value.....but the way the thing is trading?????.....and all the shorts???? Painful for me.

  • Reply to

    Everyone should relax,

    by fishaker 5 hours ago
    uptabdowntab uptabdowntab 5 hours ago Flag

    None of my business but I'll ask anyway.....Approx how many did you sell? About when did you sell?....and most importantly, What did you like better to buy? Thanks.

  • Reply to

    Earnings date

    by joansfella 7 hours ago
    uptabdowntab uptabdowntab 6 hours ago Flag

    We don't have to pray for a good quarter. At 44 cents, the stock is currently priced for a 30mil quarter with a 5 cent loss. All I pray for in the upcoming PR and cc is these (or similar) words......"Sales and profitability remained strong through January and we expect that to continue. We are expecting Q4 numbers to be on par with our just reported Q3."

    Of course, none of this matters. The stock goes up when it goes up. Nothing matters.

  • Reply to

    Annual meeting

    by gkeller397 23 hours ago
    uptabdowntab uptabdowntab 21 hours ago Flag

    Your Foxconn question is a good one...."In yesterday's conf call you mentioned the possibility of getting an additional 4 - 6 OIS wins this fiscal year, are they all through Foxconn?"

    I just always wish shareholders would really stress to management the importance of creating shareholder value meaning a rising stock price. Why don't insiders own more shares? Why did they dilute you and I in December? Will they buy back and retire shares in the future once free cash flow and earnings are strong? Do you still expect OIS margins to be better than suspension margins? Exactly when (Q4?) will you report positive EPS? Do you see consolidation in the industry between NHK, TDK/Mag, and Hutch? Why can't all 3 of you play nice with regard to price?

  • Reply to

    Annual meeting

    by gkeller397 23 hours ago
    uptabdowntab uptabdowntab 22 hours ago Flag

    I am not but I too lazy.

    The cc today answered some of my questions, especially on the OIS side.

    If I were going, I would ask something along the lines of ....."I have been vey disappointed over the last year with the relatively small number of shares purchased by Hutch executives and the overall low percentage ownership of shares by insiders, When will the next window open up for insiders to buy shares?.....and do you plan on purchasing shares?...Thank you."

  • uptabdowntab uptabdowntab Jan 28, 2015 11:31 AM Flag

    I was replying to happy.

    Wow, you are a nimble trader! I do make some trades, but I'm just not that nimble/smart/lucky/good. Well done.

  • All in Q&A ....

    1. The level of confidence expressed by CEO about their HDD susp business with regard to its growth and profitability. Upcoming Q4 and Q1 will be really good and will open eyes to what is coming.

    2. First time they've uttered the words that their OIS business could be at least as big as their HDD susp business within a foreseeable timeframe of a few years.

    3. Nice to hear "tens of millions" in revenue for OIS in very near future, implication was FY16 but that was not stated. "hundreds of millions" in revenue to follow.

    4. Nice that they stated the "big boy" phone companies are aware and looking at the Hutch OIS. Also again called Cambridge a "partner."

    I know, that was 4, not 2.

  • uptabdowntab uptabdowntab Jan 28, 2015 10:57 AM Flag

    10% YOY growth in the seasonally weakest quarter is fine. Did you listen to the cc? This Fall they cross over the 130mil threshold, a year from now they will (IMO) report a Q1 over 140mil and on and on. 3 years from now it is possible that OIS beats HDD susp to the $500mil/year revenue level and takes Hutch annual revenue to 1Billion. PS of 1 gets you $25, PS of 1.5 gets you $37.50. .....and at those sorts of revenue levels, PE might still be sub-15.

    Then look at all the free cash flow. Don't think these guys haven't seen what STX and WDC have done with their cash to drive up their share prices. Same might be done here.

    I know...lots of mights and maybes and IMO. Point is, today's price is a gift.

  • uptabdowntab uptabdowntab Jan 28, 2015 9:18 AM Flag

    YOY +10% growth really stinks.....all the way to the bank.

  • uptabdowntab uptabdowntab Jan 28, 2015 8:45 AM Flag

    Based on the cc I just listened to, very little patience is required. Q3 and Q4 are going to be big for HDD susp. 4 - 6 OIS placement wins this FY.....bodes well for next FY and beyond.

  • Reply to


    by sgjerry_3230 Jan 28, 2015 5:04 AM
    uptabdowntab uptabdowntab Jan 28, 2015 7:42 AM Flag

    Always nice to read kind words and that's a great offer. But you deserve all the credit on VTSI as you are the one who pulled the trigger to buy. You can never go wrong booking profits but my guess is VTSI heads much higher. If you do sell some, please do so carefully so as not to crash the price. Yesterday the bids were chasing/snaring the asks so I think if you put in a limit Ask at .175 for 100k or more shares, they will be gone by end of day. Good luck.

  • Went back and read the May 1, 2014 report on Q2. Last year they shipped 101.7mil susp. This year, they expect about 110mil ships based on the guidance in today's PR.

    They need to start providing guidance on OIS. Until then, either OIS or HDD is being valued at ZERO by the market. Actually, OIS is being valued at less than ZERO due to it's development cost being absorbed by the HDD business. They should report separate financials for each.

    Hope some good info comes out in the cc and/or tomorrow's shareholder meeting. Then, insiders better being buying next week.

  • Reply to

    Pretty astounding on oh so many levels...

    by uptabdowntab Jan 27, 2015 3:24 PM
    uptabdowntab uptabdowntab Jan 27, 2015 4:49 PM Flag

    Also, as others have mentioned, MCZ right now seems to be completely at the mercy of retail investors. The CEO owns 2%, other insiders own another 2 or 3%. Institutions and funds about zero. Shorted shares are so very low (about 10,000 total shares shorted).

    Eventually, all the weak holders will have given someone did today with 150 - 200k shares. Then the company announces the results they have told us to expect (a profitable Q3 on higher revenue than year ago). And up up and away goes the stock.

    Sort of nice to see the sellers shares get snapped up so easily today. With many stocks, dropping the equivalent of one day's volume in the span of 20 minutes would cause a 50% drop. Just tells me that eyes are watching. Just need someone to yell GO.

  • MCZ is trading at less than 7X free cash flow, trailing twelve months!

    Sort of neat how now that the company is all cleaned up from a financial and balance sheet perspective that one can look at valuing it in many traditional ways typically applied to good solid companies. PS, PE (soon), Cash Flow, EV.

    Then consider.....Look how fast IFON went from 1 to 1.7, MEA from .25 to .60, VTSI from .05 to .17.

    It will happen fro MCZ as well. Cheers and keep the Faith.

  • Reply to


    by bargainhunter880 Jan 26, 2015 10:26 AM
    uptabdowntab uptabdowntab Jan 27, 2015 2:04 PM Flag

    I'm not 100% certain. I just went back and reread the cc notes. Right before he said that, there is an error in the transcript, "wrap" is used rather than "ramp". My take is it simply means the transition to the newer programs is going a little quicker than expected and is happening across multiple programs.

    Since Hutch is the new kid on the block and is only qual'd in the newer programs, I think this is a plus for Hutch since volume will ramp sooner rather than later.

    As an aside, pretty cool that Seagate CEO said this current quarter is the low point and June quarter will be up relative to March quarter. That's a little unusual and bodes well. So do his comments about more heads per drive and the complexity of these machines. That is good for Hutch as well.

  • Reply to

    Don't you love that.....

    by hopeful200 Jan 27, 2015 11:59 AM
    uptabdowntab uptabdowntab Jan 27, 2015 1:48 PM Flag

    Well done gents! I'm sorry to say I never bought. I am happy for all of you though. It is always good to see money being made. Pretty cool how these sorts of stocks can go up 2X, 5X, or more in a heartbeat. Bodes well for some of our other common holdings.

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