Electro Sensors Inc (ELSE)

[The Night Stalker]

https://www.stockscores.com/chart.asp?TickerSymbol=%20else&TimeRange=365&Interval=w&Volume=1&ChartType=CandleStick&Stockscores=1&ChartWidth=1100&ChartHeight=480&LogScale=None&Band=None&avgType1=SMA&movAvg1=50&avgType2=SMA&movAvg2=100&Indicator1=AccDist&Indicator2=StochRSI&Indicator3=CMF&Indicator4=MACD&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen

[I-Man]

10-Q out just now. All is as expected, and any negatives are related Covid shutdowns everywhere same with every industry out there.

Better hope the 3rd world election is rectified and Trump continue on with his Agenda and growth for USA . Because if Biden does get duly elected, the entire world, not just USA, will go into a very long "Dark Winter"...

Already here in NC this morning, the re-elected Dem Governor Roy Cooper just made new State Mandate, that NO gatherings of more than 10 people allowed anywhere ! All bars, gyms and similar closed by 10:00pm. Can they enforce it? Well, for months now, Charlotte (Mecklenberg County) itself, established new County jobs called "Ambassadors" who are entrusted to go around to various businesses and make sure they are adhering to the Governor's mandate ! Already many been sited with fines and/or closed down out of business.. Reminds me a lot what Nazi Germany was doing to the Jewish owned businesses in Germany late 1930's with SS soldiers, etc.....???

[I-Man]

Only thing I know is few days back bank of America revealed they took a position in ELSE late in 2nd quarter of 2020... Article was in financial publication.

[Cubanwinner]

Thanks, yup nothing....

[I-Man]

Company reply Cuban. Still not answered my question regarding the price surge to $8.00 over a week ago?? Just generic response letter..

>>>>>>>>>>>>>>>>>>>>>>>>


Steve,

Thank you for your note.

As you know, we file quarterly and annual reports with the SEC that show the condition of the business at that time. At the same time, we issue a press release regarding our financial results.

Additionally, we regularly update our website (www.electro-sensors.com) with product, application, and trade show information.

If you have any additional questions, please let me know.

Thanks for your interest in Electro-Sensors.

Gloria

Gloria Grundhoefer
Controller

[Cubanwinner]

did you notice that the company is running all with young kids? well I hope they want to be rich and they are working for it.

[Cubanwinner]

My first purchase was at 5.65
and little by little I was buying more to low my average. but I took losses at 4.25 now In jumped back during market was closed yesterday

[I-Man]

We will see. I took loss already on this one...

[Cubanwinner]

BTW: I think ELSE will close above $4.15 today. IMO

[Cubanwinner]

Up heavily same way down because no to many shares out there.

weak hands make the price drop

[I-Man]

DOWN HEAVY P.M. right now almost 50 cents ! What is going on with this company and its stock?

Nobody responds yet from corp to my letter...???

[Cubanwinner]

I think you did wrong........but I dont know what was you position....me personally got some more at close and after hours.......Next week we going back to $5+ this is my opinion.


I did really good today in MGEN.

[I-Man]

I sold half of position seeing this and getting no response form company...

[Cubanwinner]

Awesome!! Im reloading at this level...please yes share it after you get it.

[I-Man]

FYI, I sent letter to company about price action we saw last week and for some answers to questions I have... Will post here any response I get.

[Cubanwinner]

totally agree with you

[I-Man]

I was a Master Electrician many years, worked military industrial installations in Colorado Springs even besides other areas of concentration around Country. These folks' products show how diversified they are as far as industries served, but nobody would know it looking at the share price.

I think they need to hire new sales & marketing staff...


Industries Served

Grain, Feed & Milling
Bulk Materials Handling
General Manufacturing
Ethanol/Bio Fuels Processing
Sugar Processing
Packaging
Food Processing
Textile Production
Mining
Power Generation Plants
Water Utilities
Wastewater

[I-Man]

Suspect institutionals bought more, but won't know til numbers revealed publicly long after the event happened.. Real fair system today in US equities, huh???

[Cubanwinner]

buckle it up!$$

[I-Man]

+.03 premarket on volume of 15 shares ??!!

[Cubanwinner]

I agree!....count with me

[I-Man]

Well Paul Ryan, what are odds it will challenge the 52 week high made then...???

[I-Man]

Institutionals have increased...

[I-Man]

Share Information

ELSE is in a share class of common stock.

Float 2.2M Shares

Outstanding 3.4M

Institutions Holding Shares 9%

Held by Institutions 5.96%

[Cubanwinner]

mmmm....lets test $3

[Cubanwinner]

Looks like she want to finish of cover the gap up. $3.4

[Cubanwinner]

No a bad day at all here!! GO ELSE.!

[Cubanwinner]

they released earning reports in May and Agust...I will wait for Oct or Nov.

but I'll get 1.5k more this morning.

[I-Man]

does ELSE have any of its products at Cleveland Cliffs (CLF) anyone know or other such industrial/mining/steel manufacturer...?

[Cubanwinner]

Jump few cents after market! go ELSE

[Cubanwinner]

that was a fast and accurate research.

[I-Man]

Note 2. Investments



The Company has investments in commercial paper, Treasury Bills, and common equity securities of a private U.S. company. The commercial paper investment is in U.S. debt with ratings of A-1+, P-1, and F1+. The Treasury Bills have remaining terms ranging from one month to seven months at June 30, 2020.



The Company classifies its investments in commercial paper and Treasury Bills as available-for-sale, accounted for at fair value with unrealized gains and losses recognized in accumulated other comprehensive gain on the balance sheet.

[I-Man]

Well, something's going on. I wonder who or what happened last Tuesday-Wednesday then??? This is problem with US securities, as 30 delay can happen if an Insider or other make purchases, we do not know til well after it has occurred..

One thing for sure, it is way oversold after that huge runup right now...

[Cubanwinner]

well I got some fee more today

[I-Man]

Looks like someone took major position and stock retraced, but set up to move higher from here. I am still trying to find out more about these folks.... Wonder if CLF or XOM or such know about these folks???

[I-Man]

Reminds me of PED to be honest. One I believed in heavily few years then sold everything because Insiders refuse to keep Shareholders abreast of happenings, weird swing occur, seem to lure investors then like Insiders selling on hype PR, etc..?? Don't know for sure.

[Cubanwinner]

almost MONDAY!!!! weeeeee go ELSE

[Cubanwinner]

They are cooking something big here, Buying now at this level. lets see what could happen

[duderaja]

Why did this go from 3.45 to 8 on 10/6?

[Cubanwinner]

ELSE are cocking something big!$

[@LaughinPaulRyan]

Electro-Sensors, Inc. is an industry leading designer and manufacturer of rugged and reliable machine monitoring sensors and wireless/wired hazard monitoring systems applied across multiple industries and applications. These products improve processes by protecting people, safeguarding systems, reducing downtime, and preventing waste. Most standard products ship within one to two days and have an industry-leading 5-year warranty. Electro-Sensors is proud to be an ISO9001:2015 quality certified company and is committed to providing excellent customer service and technical support. Founded in 1968 and located in Minnetonka, Minnesota, Electro-Sensors provides its loyal customers with reliable products that improve safety and help plants operate with greater efficiency, productivity and control.

[@LaughinPaulRyan]

MINNETONKA, Minn., Aug. 13, 2020 /PRNewswire/ -- Electro-Sensors, Inc. (NASDAQ: ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, today announced financial results for the second quarter ended June 30, 2020.

Quarterly revenue of $2,092,000
Gross margin of 52.5%
Cash and investments of approximately $9.1 million
Selected Financial Information (unaudited; in thousands, except per share data)


Q2 2020

Q2 2019

Change

Net Sales


$

2,092


$

2,260


-7.4

%

Gross Margin



52.5

%


54.6

%

-210

bps

Operating Income


$

19


$

88


-78.4

%

Operating Income Margin



0.9

%


3.9

%

-300

bps

Income Before Income Taxes


$

19


$

131


-85.5

%

Earnings Per Share (diluted)


$

.01


$

.03


-66.7

%

Net sales in the second quarter decreased 7.4% to $2,092,000 from $2,260,000 in the prior-year quarter. For the first six months of 2020, net sales decreased 5.9% to $4,015,000 from $4,268,000 for the first six months of the prior year. The quarter represents the first full quarter impacted by the pandemic and we believe that the net sales decrease is due to the impact of the pandemic on our customers' business.

"This past quarter brought significant challenges to our team as the pandemic forced us to modify many aspects of how we do business," said David L. Klenk, Electro-Sensors' president. "We will continue to adapt to the ever changing circumstances to ensure our employees stay safe and our customers get the products and services they need to effectively operate their businesses."

A full analysis of results for the period ended June 30, 2020 is available in the Company's Form 10-Q, which is available on the Company's website at www.electro-sensors.com or through the Securities and Exchange Commission's Edgar database at www.sec.gov.

[@LaughinPaulRyan]

... 5.37 -3.13 (-36.8%) ... $ELSE

[@LaughinPaulRyan]

... short BIG time ... $ELSE

[ClayTrader]

* * $ELSE Video Chart 10-06-2020 * *

Link to Video - click here to watch the technical chart video

[faceoff]

Anyone have any insight to what is going on here?