A challenge to anyone....name one company that had "good" revenue growth in the last quarter or two whose stock has taken a "hit".
For the purpose of this challenge, let's define "good" as greater than 10% vs. the year ago quarter.
Let's limit the universe of stocks to those with market caps below $1billion.
Good question and a good topic to kill some time. My two bits (and it might be worth less than that) is that EPS is meaningless at this point in this stock market. All that matters is revenue growth....which should be good for SPDC stock.
When I read the earnings release, listened to the cc, and saw the after market yesterday, Yes I thought so. The pre-market today looks sort of strong though. It does have a chance of holding above 2.25ish but I really think it does go below $2 within days and then when volume dries up in a week or two it could get back to 1.50 - 1.70. Part of why I say it and want to believe it is that I want to buy back in but I will not do so unless I think it is a good buy, for me that means 1.60ish.
I hate it that these guys seem to be so accepting of multi-year development cycles. They can do better.
In my opinion, a non-event. They got rid of one old guy and brought in another old guy. Old - for this industry, anyone over 35. I would much rather see the Mad Catz board dominated by a bunch of 20 and 30 year olds than old guys who cannot possibly relate to the customer, the market, the future. The only reason it sort of works with Mad Catz is that our CEO is a visionary of sorts with some good instincts and the BOD does little if anything. DR just needs to learn to follow through on his efforts. Again, just my opinion.
If you bought yesterday, my sympathy is with you. If you haven't bought and still want to, then wait a few days until it is sub-1.70. This is a neat little company but at this point the they really don't seem to have the desire to grow the top line. Perhaps they don't know how, perhaps they don't have the resources, I'm not sure. Last night's results were sad in a few too many ways.
Very true, it is a test of intestinal fortitude....and patience. What keeps me hanging on is that this management team, lead by DR, has guided this company through times much worse than this. They continue to survive and hit the occasional homerun. They are heavily invested themselves and know that this new console cycle will result in much higher sales and profits. Stock will be in the $3 range at some point this CY.
pssstt.........hey smithm8611......pssst......Read a few of my other posts, I am a very long and strong INVE shareholder. I was just trying to urge troy_cummings to do something stupid.....but don't tell anyone. Cheers.
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.