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Not sure about 100%+, but I think a higher bid is possible. Worst case, it's unlikely you'll lose.
Nice jump on the buyout news though.
Yeah... pissed that I missed this. Had a few players doing a Roadshow a few months back talking about XRSC. Should have jumped in then.
Still opportunity here to make 100% +.
I'll watch it for a while to see if it's going to have a dip but... i doubt it.
Need powder... LOL!
Yeah... pissed that I missed this. Had a few players doing a Roadshow a few months back talking about XRSC. Should have jumped in then.
Still opportunity here to make 100% +.
I'll watch it for a while to see if it's going to have a dip but... i doubt it.
Need powder... LOL!
Indeed, I believe their 10K filing and website claims that they do have patents.
Do you think they are lying?
Keep in mind, this is not some stinky pinkie company that has a stop sign on the OTCMarkets.com site advising they're not making material information available. They are a fully reporting, fully compliant with SEC regulations company.
I don't know if their patents are the reason for my tripling my money in the stock, and frankly I don't care.
So apparently you don't actually know if they have any patents.
Nope. Perhaps if you email the company, they will provide you with a list.
Got a listing of those patents?
From the 10K,
"the Company owns several patents related to its fleet management solutions and has secured patents pending. These proprietary properties, in aggregate, constitute a valuable asset, although the Company also believes that its business is not dependent upon any single proprietary property or any particular group of proprietary properties."
Their website http://xrscorp.com/ explains a great deal more, but their critical advantage in the EOBR biz (though I'm sure there are others playing catch up) is the idea of using a smartphone to power the EOBR functions. Most EOBR companies require expensive proprietary hardware upfront. XRS uses much simpler hardware because all it does is record required EOBR data that a smartphone can't capture. This lower cost and simpler development environment makes XRS a low cost provider. And as with any low margin business, truckers like low cost.
Are there any links to unique proprietary tech here? So far it seems to be a collection of apps.
You've missed the latest filings.
They have been profitable for the last 2 quarters. They acquired their main LOB several years ago and have been building it ever since, spending large amounts on R&D which has kept them in a loss position.
Anyone who followed the financials realized they were headed toward profitability and an inflection point.
It's a solid company, with a REAL business, REAL revenues, and NOW REAL profits.
It didn't hurt that they have a ton of convertible shares at $3 each, though that may limit the upward momentum once it breaks that level.
Meanwhile, I've tripled my money, so I'm happy with it as a solid investment.
Apparently this is a stock for traders who understand the game, but from the looks of their employee compensation and their long standing tradition of running in the red this is not a stock to invest in.
This is definitely a concern:
"Revenue continues to drop. Oops. That's not good.
MINNEAPOLIS, Nov. 8, 2012-XRS Corporation (formerly Xata Corporation, NASDAQ:XRSC) reported revenue of $15.0 million for its fiscal fourth quarter ended September 30, 2012, versus $15.3 million for the comparable period in 2011. Net loss to common shareholders for the fourth quarter of fiscal 2012 was $0.3 million, or $0.03 per diluted share, compared to $1.6 million, or $0.15 per diluted share, for the comparable period in fiscal 2011.
Not good, not good AT ALL.
Look for the doors to close soon."
Are there any links to unique propietary tech here? So far it seems to be a collection of apps.
Can anyone summarize why the "new name" - according to the web site - was needed?
Did ownership or control in this public company change?
Was resignation of officers related?
Anyone know why the B.O.D. is backing out of XRS?
"Item 5.02(b). Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 12, 2013 and January 14, 2013, Roger Kleppe and Chad Lindbloom, respectively, informed XRS Corporation that they do not intend to stand for re-election to the Board of Directors at the upcoming 2013 Annual Meeting of Shareholders scheduled for March 2013. "
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9022369
Hey Kez - how about updating the IBOX - data is a little strange...
"
Xata Share Structure as of 12/1/2010 (Per Annual Report)
Authorized: 100,000,000
Issued & Oustanding: 9,816,411
Float:"
XRSC Video Chart 5/17/13
http://www.missionir.com/videos.html
Don't know about that, but it is moving up fairly steadily.
Wow, multi bagger blast off!
~ $XRSC ~ Parabolic SAR Buy Signals ~ Criteria alert for last trading session!
$XRSC has just triggered the "Parabolic SAR Buy Signals" scan criteria at Stockcharts.com
~ http://tinyurl.com/SAR-BUY ~
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What does the scan "Parabolic SAR Buy Signals" mean? Below is an image example and study link.
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To find other similar posts of "XRSC" utilize the links that follow.
Search FaStlane's "Parabolic SAR Buy Signals" posts: ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2011&SearchStr=ParSarBuyScan ~
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Just keeps getting better and better ! Go XRSC !
More than doubled my money in 4 months on XRSC.
With so many shares convertible at $3, I suspect there's a ways to go in this XRSC recovery!
Finally some volume, and it's all up biggly.
Took a nice profit today and waiting for the next move - up or down, doesn't matter to me.
Volume and volatility - lovin' XRSC.
Well it looks like the majority of trades yesterday were SELLS but of course it had the 100 share PAINT TRADE.
Today so far a BIG GOOSE EGG. It won't be long until the doors are CLOSED on THIS big failure.
Quarterly reports getting worse and worse, revenues going LOWER and LOWER.
This company just can't compete with the BIG BOYS.
Just barely on LIFE SUPPORT and the plug is about to be PULLED.
TOO BAD.
Revenue continues to drop. Oops. That's not good.
MINNEAPOLIS, Nov. 8, 2012-XRS Corporation (formerly Xata Corporation, NASDAQ:XRSC) reported revenue of $15.0 million for its fiscal fourth quarter ended September 30, 2012, versus $15.3 million for the comparable period in 2011. Net loss to common shareholders for the fourth quarter of fiscal 2012 was $0.3 million, or $0.03 per diluted share, compared to $1.6 million, or $0.15 per diluted share, for the comparable period in fiscal 2011.
Not good, not good AT ALL.
Look for the doors to close soon.
Hmmm, let's see.
1. The companies COO BAILS OUT, not a good sign.
2. The companies General Counsel Officer BAILS OUT, again not good.
3. The companies CFO BAILS OUT, hmm do you see a pattern here?
4. The company LAYS OFF 29 EMPLOYEES, OUCH, I'M GETTING A SINKING FEELING HERE.
2. The company changed it's name and ticker symbol, DID EVERYONE SEE THAT COMING???? I DID. THAT'S WHAT FUTURE STINKY PINKIES DO.
2. The companies gets a DELISTING NOTICE. WOW, THAT'S A SHOCK!!!!
IT WENT FROM 11.00 TO .49 NOW IT'S IN A DEAD CAT BOUNCE.....TOO FUNNY.
Looks like it's in a LULL for now, but the DUMPING will begin SOON.
The BUYING is OVER, THAT'S ALL FOLKS...............
WILL YOU..... RIDE IT DOWN? OR SAVE WHATS LEFT OF YOUR CAPITAL?
It's like your UNDERWEAR.... IT'S UP TO YOU..... LOL
My guess is most of the retail investors are down so much they have forgotten about the stock.
If even 2 people believed this stock was going back up, don't you think we'd see more action at the ask of 69 cents than 0 shares?
I do.
I just want people thinking about "Throwing there money down the drain." to have the whole story here.
This company is sinking to the PINKS and eventually into Bankruptcy.
A Reverse Split is coming SOON. You are about to lose MORE of your money here. But it seems there is no one here that is interested in this company anyway.
To the STINKY PINKS it goes. TOO FUNNY.
Someone desperately Painting it with 100 shares. TOO FUNNY, but yet SAD.
We see which way this is going...... DOWN.
9000 shares DUMPED so far today. People want out of this Penny stock.
Delisting is coming, and to the STINKY PINKS it goes.
Then a Reverse Split will take place and back down it goes again.
This company can't compete with the Big Players, eventually they will CLOSE the doors.
SO SAD.
Wow, a WHOLE 100 shares traded.
I guess it's not worth .69 cents.
Guess it won't be long and it will be a STINKY PINKIE.
TOO FUNNY.
Has trading been halted on this sinking company???
Gulb Gulb Gulb. Looks like it will SOON be a Pinkie.
TOO FUNNY. :)
Oops, I think Bankruptcy LOOMS.
XRS Corp. : Approximately 58,300 shares changed hands, a 788.3 percent increase over its 65-day average volume. The shares fell $.11 or 14.9 percent to $.63.
ROFLMAO!!!!!! 0.49!!! 0.49!!!!! I forgot, does XATA have to go below 0.10 to keep from being delisted or above $1.00????? ROFLMFAO!!!!!!!!!!!
So much for a real company on a real exchange with real cash and a real strong balance sheet!!! ROFLMAO!!!!! Hope buying on those dips isn't hurtin' too much!!!
Oh, the humanity!!!!!
ROFLMFAO. What???? 0.64??? Guess it wasn't a good flipping opportunity or a real bounce last week huh? Now even harder to get above $1.00. Hmmm, let's see. R/S or delisting???? Sounds very similar to a Pinkie, huh???? So much for a real exchange, good balance sheet, strong financials, all that cash. Wow, I guess 0.80 was too early to cover a short!!!!!!
LMFAO!!!!!
ROFLMAO. Delisting a Nasdaq stock? Worse case will be a reverse split, but most likely, the price will get above $1 for 10 days and all will be well.
Some nice flip trades in the meantime.
All trades so far today are SELLS.
Looks like this is headed for a delisting.
Pinkie land not far away. I'll put an order in at .05
Too Funny.
Is this thing still EVEN trading anymore?
One BIG Goose Egg, Heading to the Stinky Pinkies.
Or Bankruptcy which ever comes first.
Decreased revenue and increased loss, Not Good.
http://biz.yahoo.com/e/120803/xata10-q.html
No worries.
"Under the Listing Rules, our company has a compliance period of 180 days, or until February 19, 2013, to regain compliance with the minimum bid price requirement for continued listing. In order to comply with that requirement, our common stock must maintain a consolidated bid price of $1.00 or greater for a minimum of ten consecutive business days during the compliance period."
Looks like XRS is on the move to the pinks. Oops.
http://biz.yahoo.com/e/120829/xrsc8-k.html
We'll have to see. Nice bouncing though.
Boing, boing!
Aren't those called DEAD CAT bounces?
After all, isn't their preferred stock structure designed to screw common shareholders?
Correct?
Too gag funny-
Now where is that lipstick for this PIG?
ROTFLMAO!!
JMO-
Your BFF,
WhisperingBomb
Nice bounce off those .6x and .7x.
Makin' money.
GO XRS Corp!
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