.625???....why so dang greedy! I added 20k today, half at .6299 and half at .63. Both orders I put in at .635.
This is getting so very frustrating but I guess we are sort of in "show me" mode. No one even believes the lone analyst estimate of 8 or 9 cents. I guess it all goes back to the funk that the little stocks are in right now and how no one really believes that Catz has built a sustainable, profitable, growing business that is on the cusp of greatness. Ok, greatness is too much, but when they deliver EPS of 15 - 20 cents this year, sub-$1 is going to be a distant memory. Sub-$2 might be a distant memory.
How would you like to be short HTCH right now? Maybe 500,000 or 1,000,000 shares. Overall last report was 2,200,000.
It would be sort of like sitting on the train tracks in the middle of North Dakota with your new Corvette (so I'm dated) and it is out of gas. You can feel the faint rumble of the approaching train and a flicker of light that is still miles away....but it is coming and nothing can stop it and it doesn't care.
Listen to the Seagate cc from about the 5minute mark to the 10minute mark. That is the rumble you are hearing. It will be even closer and reinforced when WDC reports. Analyst estimates will never catch up until it is way too late, they are going to still show minus signs when Hutch reports slightly positive numbers in late October and blowout numbers in late January. It is happening before your very eyes and there is nothing anyone can do about it.
Just buy shares, sit back, and enjoy.
Yes, that really was good to hear. TAM anywhere in the 145 ballpark with number of heads per drive growing is a beautiful thing. The late October report for Hutch is going to be nice.
Kudos to you unifihitch, you are one of the few that actually post good solid content. My guess is you are a very successful investor.
Hey there knumnuts, you do realize the debt is not due until January.....and you do realize that they can refi at any time OR simply eliminate the debt by writing a check for $40mil from their cash balance.....and that they are currently cash flow positive and are generating net cash.....and that sandisk spells HIGHER volumes and more profit for Hutch not less.....probably best for you to cover your short or simply go long. But whatever, the clock is no my side, not yours.
No kiddin. I went from about +6% to -2% and last place in the span of one week. I will rebound a bit this week due to MEA (but I don't currenly own any...sigh).
Sorry about that and thank you for the kind words. Sometimes these message boards provide some entertainment for me and I do occasionally throw some stuff out there just to stimulate a reaction or discussion or find some info. These boards serve lots-o-purposes (purpi?). Cheers.
....the one truly great thing about SSD is their enabling of the whole smartphone, mobile, tablet revolution. That is fantastic as it has driven the exponential increase in the need for storage. More storage means more HDD which means more Hutch assys. There is a reason WDC is over $100 and STX over $60.
STX reports today. Bodes well m'boy.
SSDs also cost 10X more than HDD and have minimal overwrite ability as compared to HDD. Long term reliability for SSD is also far worse than with HDD......lastly, even if SSD was on par with HDD, there are not enough wafer fabs in the world to meet demand without an investment of 100s of BILLIONS of dollars so guess what, it ain't gonna happen.
The SSD argument is an old tired one that has been around since about 1970, about a half century old. Good to see it here though since that means Hutch is very close to driving higher. Cheers.
I haven't read that book, just a few articles about the subject. That probably would make sense since the individual trades don't show up, just the volume total and it is often a few pennies one way or the other but typically in the trading range for the day. I wonder how they arrive at the price to post the volume. If I ran such a dark pool, I would probably simply report the total volume and average price at end of day, but knowing all the dweebs involved they likely make it more complicated.
30,000 shares trade in the last couple seconds of the day. We were at a volume of 170,000 with a minute or so to go, then at the close it prints volume of almost 200,000. Sure wish I understood all the mechanics and reasons on how that sort of stuff happens. In the long run it doesn't matter one way or the other, just sort of interesting as we wait for the upcoming cc.
I have a hard time thinking we are up big on a 6% blip at $11.70 when this stock used to trade well above $800 per share back in the Y2K timeframe.....really!
Hi hopeful, well said.
What tipped the scales for me into buying was when they said Microsoft and Cisco (I think) had "certified" their product......or something like that. Seems legit and they do have their own skin in the game so all our interests are aligned.
made a small initial buy of your stock, typically this means we are headed lower in the short term. Story of my life. Longer term will be just fine though.
I listened to the paid PR interview from a month or so ago with the two big guys. They seem to have a good grasp of the technology and what their product and expertise can do, I'm just not sure if they know how difficult it is to close both big deals and lots of small deals. I always get worried when these types talk about the overall size of the markets in which they play.....but I bit anyway.
I admit I'm not much of a chart tech guy, mainly just pay attention to 50dMA, 200dMA, RSI, Bollinger Bands.
I really don't see the cup&handle but I'm not much of a visionary type.
That is sort of the way I like deciding whether or not to buy a stock. Basically it boils down to...."if I could buy the entire company at the current stock price would I really want it?" The answer is yes for every stock I own.
MCZ right now is trading as if Q1 had sales of about $15million and a 20 cent loss. Based on the last cc that is not what happened.
I'll bet your subject line has appeared many times in newspapers and television reports across the world. Made me chuckle.