Socket Mobile Inc (SCKT)

[Monksdream]

SCKT new 52 week low

[houcok]

What happened to $30s,$40s, etc.. ??

[gp22]

Congrats!. Found SCKT via exact match w/ 5G nano-floater AEY. In both!...lol

Now waiting on AEY Q3 Earnings on 8/10. Should have exact same rip higher with AEY expecting major profitable Q.

[Jake L]

SCKT - Which Stocks To Look Out For Today

[cjstocksup]

I love this!

[otcmoneydoubler]

LOL. THAT'S BEAUTIFUL. WILL WATCH FOR $30s,$40s ON SCKT THEN

[doogdilinger]

SCKT provided a great trade recently choo-choo \m/

[ClayTrader]

* * $SCKT Video Chart 02-25-2021 * *

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

[make it happen]

Wait for a offering and close gap in 3's and 4's maybe not that low but something like it imho

[make it happen]

Company is not even worth $1.50 a share... Check the numbers and insiders playing games. Follow the carrot. Imho

Enterprise Value/EBITDA. $-18.83

Profitability
Profit Margin -30.72%
Operating Margin (ttm) -1.53%

Management Effectiveness
Return on Assets (ttm) -0.87%
Return on Equity (ttm) -43.93%


Total Cash Per Share (mrq) 0.29

Book Value Per Share (mrq) 1.46

Ps don't even mention the buy of $4,000 lol instant 10x don't fool your self insiders. NOT YOU lol

[hweb2]

Very nice rebound! Any guesses on earnings after the close? Q3 results were encouraging but they sounded more cautious about Q4. At least in Q4 they're going to recognize $1.06M in 1-time income from the PPP loan being forgiven. So that could create a brief spike higher in AH trading

[stock zombie]

SCKT nice rebound today

imho

$SCKT

[stock zombie]

Site rule: Talk about stocks not about posters

Everyone here can do their own due diligence and make their own trading decisions based on the information provided..

Again have a nice weekend..

$SCKT

imho

[hweb2]

Sorry to have exposed you as a pumper who doesn't know what they're talking about. You obviously don't know anything about short squeezes if you think there can be 10M short shares on a company with 6M total shares outstanding. Hey maybe there's 100M short shares! The link I posted? Yes it was the short interest info from Nasdaq. An expert on short squeezes such as yourself should be familiar with this. Figured I would provide some facts since you provided NOTHING in all your pump posts about a short squeeze. Upset? You're the one who is underwater on the stock after foolishly chasing it this week, and is now desperately trying to pump it with false info. See ya back below $5

[stock zombie]

Haha.. Guess I struck a nerve

No need to get upset. I took that info from a link that YOU posted and did simple math to come up with my numbers.

And I've done short squeeze plays for probably a dozen years before Reddit was even thought of; so don't even go there.

Everyone here can do their own research and make their only decisions about the potential of $SCKT.

Now I'm off to enjoy my weekend so I'll leave you alone to talk to yourself. Have a nice weekend.

imho

[hweb2]

No you didn't explain it at all. But you did show that you have no idea what you're talking about if you think there could be over 10M shares short. Even though the company only has 6M shares outstanding. SCKT does have a low float. But not every stock is a short squeeze. Guess that's a term you saw on reddit. You still haven't answered how you can have a big short position on a stock when there's no short shares available. Not sure why you're even trying to pump this as a short squeeze play. SCKT went from the $3's to the $30's a few days ago...WITHOUT a short squeeze.

[stock zombie]

I studied the link that you posted

And it says that the "average" daily share volume for the 2 week period around 10/30/2020 was 19,512,887.

And the Short interest on 10/30 alone was 976,552 shares.

The volume on Tuesday February 16th was in excess of 200 million shares.

So hypothetically speaking that based on information from the link that YOU posted; the actual Short interest on February 16th could quite possibly be at least 10 million shares.

The most recent 10q currently available says that the tradable float is less than 5 million shares and the Outstanding shares is a little over 6 million. (Although I doubt these numbers are current).

BUT the OS and the float are still VERY LOW. Proof of that is how easily this ran up to $35.00.

And I'm sure after SCKT ran that high; that the shorts were chomping at the bit to short as much as they could.

So I think I've explained it well enough why I'm certain that at these prices that this is a "short squeeze" play.

All it is going to take is a little volume and a spike in the price to force the "Shorts" scrambling to cover.

And how high do you think this could run to this time? Technicals mean nothing when momentum takes over.

$SCKT

All imho

[hweb2]

But how do traders get short shares when there's no short shares available?? Not saying it didn't jump up up from 42,571. But I doubt it's more than a few hundred K.

[stock zombie]

Your link means nothing since it don't include the short interest from Wednesday when over 200 million shares were traded..

imho

[hweb2]

Why are you expecting a short squeeze?? There's no short shares available anywhere and the short interest is usually fairly low-

https://www.nasdaq.com/market-activity/stocks/sckt/short-interest

Hope it works out but SCKT was in the $2's a week ago. It's way overvalued over $10 imo. Stock had a crazy momo run this week on very minor news. Earnings are next week. Should be an ok report (bottom line padded by the PPP loan forgiveness), but I think the risk is to the downside with the stock way up here. The absurdly frothy markets also appear to be cooling off.

[stock zombie]

Short SQUEEZE is starting..

Don't miss out..

Do your own DD..

$SCKT

imho

[stock zombie]

SCKT ran to $35 two days ago

Shorts need to cover

Short covering could easily take this back over $20

imho

$SCKT

[stock zombie]

Low float

imho

$SCKT

[stock zombie]

Shorts.. Ready to get squeezed??

imho

$SCKT

[stock zombie]

Time to force shorts to cover

imho

$SCKT

[doogdilinger]

Wild days continue knorrel buddy! I'm jumping back in the "O" play today ok! Think the "O" play hits $50 per share soon ok glty!

[Bona Vista]

whatever they did doesn't seem to have had any lasting importance, looks as if SCKT SELLS back DOWN to $3.50.

[IU]

iPhone app cause such a high spike. It’s not like they singed deal with apple. Good news but the spike was too crazy. The real good news was the 13g. But it’s not a cause for 800%.

[knrorrel]

BOUNCING TO $20+ BACK

imo

[knrorrel]

BIG BOUNCE COME ON GREAT NEWS YESTERDAY WEEEEEEEEEEEEEEEEEEEE

[doogdilinger]

In this insanity market I honestly don't know sorry PLAYA, all's I know with certainty is that profit taking was most definitely to be expected, which everyone has clearly been doing right cheers!

[BIGMONEYPLAYA]

This one good for a bounce to 23 or not

[doogdilinger]

Teamwork always so right back at ya cityimport cheers>>>$$$$$$$$$$$$$$$$$$$$$$

[2020trader]

GREAT TRADING DAY

[Bona Vista]

STILL GOING HIGHER, ADDED MORE AFTER HOURS AT $18.05, LOOKING TO SEE $27.00-$30.00 sometime tomorrow.

[alchemytrader]

Ya bummers.

[@LiftedCapital]

Bummers

[cityimport]

Thank you, doogdilinger!

All the best of luck, you are a good man!

[alchemytrader]

I know. I feel like the hedges that got screwed. My fault though.

Should have took my small profit. Gave back 1 weeks of gains.

[ClayTrader]

* * $SCKT Video Chart 02-16-2021 * *

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

[hweb2]

That is a nice surprise! Congrats hope you booked some of those huge profits today. I mean $10 was a gift sell. That this went to $20 and then $30 on such minor news is totally insane.

[hweb2]

Ah gotcha. Bummer. Yep sure to come crashing back down, but when. I stopped shorting individual stocks after GME went to $500. You just don't know in the current mania

[TechWhiz]

Welcome surprise today.

Bought this 5 years ago and watched it struggle for years < $3.00 and finally got rewarded today.

What an incredible rally we had.

Wonder what the rest of the week has in store?

[alchemytrader]

Yes. short 11.60. didn't cover 10.60 support.

Covered 18.85...if i didnt, it squeezed to 35.00!

We all know it will go back. Just dont want to get squeezed more and blow up account before then.

SPI went from 1.50 to 46, remember! Thats BK for a lot of people.

I should have put a stop in when had to leave for work, but didnt.

Lesson learned. That was dumb. I should have just took my $1200 profit.

[hweb2]

Did you cover? If you can hold on for a few days, this thing will probably collapse back to $4-$6.

[alchemytrader]

I should have e covered that 10.60 support.

Would have make 1k. Worst didn't throw in a stop when had to work

[@LiftedCapital]

Not the season to short.

[doogdilinger]

ROCKTOBER madness turned into February FIREWORKS!

[doogdilinger]

Most joined ya and why wouldn't we congratz>>>$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

[doogdilinger]

Yep crude buddy! Took a while but Reddit strikes again right hahahahaha what insane market days weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee