I agree 100% with your post. The problem is that the overall markets are not that smart right now. Much of the analysis is very shallow and on par with what one might have read into my previous post. I simply look at NAII as a very healthy business in every respect. The others I mention all have a problem or two...SKUL-crummy low margin business (which is also why I do not like KTCC)....WDC-the whole hard drive argument......UVE-ok, not much wrong with this one, though perception is they are susceptible to a hurricane....VTSI-rock solid in my opinion but thinly traded, pink sheet.
The ONLY risk I see with NAII is the risk that they are stuffing their channels. But this seems unlikely since their main product is an ingredient in their customer's products and not the end-user product that is purchased off the shelf.
Not so easy. I had about the best week in my 25+ years of doing this (trading/investing)....yet I doubt if I have a sure thing for you so here are a few:
RFP: Buy Monday morning and you should get a 10% move in a week or two. I own it for the next couple years.
EMMS: Volume is low and tricky but it is being bought by some. If you can steal some shares in the mid-60cent range you will be happy over the next few months.
VTSI: One of my biggest holdings and I continue to add. Volume is still a little sporadic but CEO has talked recently about shareholder value and improving liquidity. I think company is worth over 50cents today. Something big is likely to happen between now and mid-Sept shareholder meeting.
BAC: It would be impossible to buy it Monday morning and not make money both short term and long term. Can probably make over 3% on it next week and with patience for another week or two should be able to get 7 - 10% out of it. I love it long term (years). 60% of book value!
Good luck and it would appear $4 is gonna happen based on today's trading. Amen.
Problem is, there are many stocks horribly mispriced right now in both directions and they all tend to get thrown into the same mix by the stupid funds and insti and analysts. While NAII has an EV/EBITDA of 5......stocks like SKUL, WDC, UVE, VTSI and many more are even lower. I made $11/share on WDC over the last month+, sold, and the EV/EBITDA is still about 3. What separates NAII are its prospects forward (great) and risk level (low) over the next 6+ months.
I do enjoy libraries. Love reading Sandford, Crais, Parker, Box, Child and many others. Read The Painted House by Grisholm, just a beautiful story.
It's RC to you. Actually today I am counting EMMS profits on my fingers and toes from my sub-fiddy cent avg. Might have to start again though since I run out of fingers n toes when each one $5000. Will count again using $10,000 for each. Carry on. And I am still in EMMS buying mode, will sell north of $3.
Ron's post below is the VERY DEFINITION of soft bashing. He states several things for a fact that he has no idea about. States as a fact that at $80mil they will not make a profit, I disagree. States as a fact the significant costs associated with "onboarding". What a crock, he has no idea what the deal is between Mad Catz and the retailer. He hasn't a clue about who pays what and neither do I. And then he drops in the Enron mention? Ron is clearly a basher. And at the end he says nothing has changed with the fundamentals. Where do I even start with that....maybe in compliance with all covenants, maybe with the RB4 writedown, maybe with 140 employees instead of 219.
Ron, I have no issue with what you post if you would simply admit that you are a nasty sneaky basher ala micro.
ppssstttt....u shouldn't be talking to yourself....too obvious. oh, and if I rt click your moniker while logged out but in general format with ignores turned off then I can see all your #$%$ in a single list......but hey, I wouldn't tell anyone
Debt is 16mil, cash is 3mil. Net Debt is 13mil.
Stock is going up because company is improving rather than declining. Perception has flip flopped.
You really need to pay attention to micro's and ron's posts. Ron had some of the best ever soft bash posts today. They were textbook. Softbashing is far more effective than your in-your-face tons of posts style.
If you believed even half of what you post, you would be shorting heavily. Short interest is still about nothing. Like I say to emory...put up or shut up.
I am guessing 41 cents by about July 4th. Then if early Aug earnings release and cc have some concrete good stuff in them it should step up to the low 60 cent level. Although looking at the chart/volume it might take some effort to get past the 43/44 cent range.
hieronymous, Excellent point regarding the fat-ankled one. Even though I will vote Trump, I think the stock markets will react very favorably to a fat-ankled presidentcy since they know what they are getting....status quo. I really do hope Bernie stays in it for awhile if for no other reason than to irk obummer and the fat-ankled one. Bernie has heart and soul and an army of brainless 20 year old followers. What he should do is buy the old Playboy mansion and have co-ed parties every weekend until he can no longer move. Sort of like when an old winning racehorse goes to pasture.
.....or hold for the long term and be happy that way.
micro has me on ignore so no way for him to even read this......that is why it is ok......if you give me the finger behind my back and I never see it then it never happened....if a tree falls in the forest it makes no sound....im a poet and don't knowit
His tears must be flowing....MCZ up about 5 or 6% every day and KTCC down 5 or 6% every day. And don't worry that I am teasing micro, he has me on ignore so he will not even see this post.
Again emory, if you know something just say it. Otherwise you are no better than all the other fudsters.
Not only are your views incorrect and stupid, but you also tell a lie. You said you would be shorting EMMS. You have not done this. Short interest is still about zero, less than 25,000 shares.
Relative to where the company and stock are going, of course it is a good buy now. Just as it was a good buy at $3 and below $2 and at $2.50. My point is that one doesn't buy CNAT in the hopes of making 50% or 100% (or sweat about or worry about losing 20% or 50%). One buys a stock like CNAT because there is a chance it goes up 10 or 20X. Worse case, you buy today at $2.20 and hold for 5 or more years and end up with a 20 cent stock. Is that really so bad? And which scenario seems more likely?