U.S. Markets closed

Collectors Universe Inc. (CLCT)


NasdaqGM - NasdaqGM Delayed Price. Currency in USD
Add to watchlist
26.26+0.30 (+1.16%)
At close: 4:00PM EDT
People also watch
CHKECFNBCRAICODICNSL
  • No news in a month. Due for good news and a pop higher
  • Long Beach Show: Weakest in 20 years

    Observations from Laura Sperber:

    HOW TO MAKE A GOOD MARKET LOOK BAD

    By Laura Sperber – Legend Numismatics ......

    Have a miserable Long Beach Show and Auction and then repeat and do the same thing in Baltimore in two weeks.

    The Long Beach show was the culmination of everything wrong.

    First, the majority of East Coast dealers did not attend. With Baltimore only two weeks away... Why? Of course the West Coast dealers will skip Baltimore too. The auction was probably the weakest in 20+ years. Fresh material is gone again. Now we are clearly in the summer doldrums. The crowd of collectors Thursday at the show was very small.

    The last nail in the coffin? Grading was tight to the point dealers can’t sell their coins (big losses if they sell) and or they did not submit, keeping money tied up. All this just looks bad and makes the market feel bad. Save for a few hardy contrarians, the market will be in small funk probably through the ANA Show in July.
  • 92,800 block sale at $24.99

    someone big wants out. wonder if it was an insider
  • CLCT closing in on 18 year old high of $30. Wow it has been 18 years!
  • insiders selling at record pace. Inside ownership has never been so low. CEO only owns 32K shares now. CFO selling. Hall selling. BOD members selling. All this selling doesn't bode well
  • coin volumes down 8% so far this quarter compared to same day last year. 390K vs 421K coins. Big, big decline. This is even with Guojin which is why I conclude the channel is stuffed.

    So what do the geniuses here think the stock will do once this is announced?
  • AMRK saw decreasing silver/gold sales in Q1 and start of Q2. Stuff like that tends to have repercussions down the line to CLCT. Amark down 10%. CLCT now under $26 again despite the fact it will go ex-div in 2 days
  • To: dbtunr........You should stick to your day job because you're not all that good as a stock analyst! CLCT sure seems to be moving right back to it's pre-earnings report price. FYI....that's what always happens to quality stocks when the weak hands bail out because of fear!
  • EPS of 35c but unit growth of only 2% in cards and coins

    Not sure why card growth was so low. Coins saw a sequential unit decline and revenue decline. Company mentioned slowdown in China. It looks like the China growth story was a one time shot. Added $700K in cash but it looks like they have a huge tax payment due that was not paid so I think they just delayed a payment to show more cash on the books.

    Coins did 828K, cards 445K. Last year did 815K coins, 437K cards. coins did 919K in December quarter. Margins were also at their low end

    Not for me at this price. I can't see this above $22. This report does not inspire me. 2% growth is nothing
  • This DBTUNR doofus really needs to quit stocks. Sold his Apple as quoted below at $143. If you do the exact opposite of the fool, you will do very well.

    dbtunrdbtunr 26 days ago
    PS - I sold Apple on the 4th of April.
  • channel stuffing is illegal. How do these guys get away with it?
  • China did only $500K in revenue in latest quarter. So Guojin Gold did nothing. Wow. That is horrible. So all the coins they graded in the previous quarter for Guojin Gold have essentially stuffed the channel and not been sold. I see no evidence any coins have gone to them so far this quarter.
  • Where is the Doofus lately? Stock is ripping higher even though the genius sold at 18.
  • insiders selling as fast as they can. David Hall dumped another 20,000 shares, making it 60,000 this qtr. CFO just sold 30,000. BOD VAN Simmons dumped a large lot a few weeks back.
  • Huge Pop Higher at the end of the day. Someone must know something. Over $28 and heading to $30+.
  • DBTUNR, the story of a Doofus. Sells 9000 shares at $18 and the other 1000 at $21.80. That would be leaving $82700 on the table. (SO FAR) What a DOOFUS! No wonder he is here NOW bad mouthing CLCT.
  • DBTUNR, the story of a Doofus. Sells 9000 shares at $18 and the other 1000 at $21.80. Now he is trying to troll the stock as it moves on up!
  • NGC signs agreement with Guojin Gold in China as well. Will be $20M over life of the deal so about the same as PCGS. I thought PCGS had an exclusive. The edge PCGS had in China has just been lost. This is a major negative for CLCT.
  • Up on double volume. Stock funds buying high yield stocks most likely.