Last years Q1 was $10mil with $2.9mil of net income.

They might come close this Q1 on revenue but no way they touch that sort of net income. Analyst estimates are at $9mil revenue and $1.35mil net income.

If Q1 is light the stock will be in big short term trouble. But if it closes the gap and turns up and Q1 is ok then it goes up strong.

…..so, what sort of Q1 numbers would be “light” or “strong”?

The chart is another reason to sell if one is nimble enough to sell now and buy back a buck or so lower. It appears destined to make a gap filling attempt.

Congrats on being awash in cash. It is still an awesome time for buying many small company stocks.
That said, it is still a reasonably good time to buy VTSI. Is it going to be $13 one year from now?….or $6…..or $25. If I had to bet I’d go with $25+.

If it gets anywhere near $11, buy with both fists. The gap is between 10.7 and 11.1.

I started buying back in 2009, the lowest I ever bought was a year or three after that at 3.1cents which was the same as 62cents today. I think my first ever buy was about 10cents or same as $2 today. I remember buying many in the 7 to 8 cent range or $1.40 to $1.60. In hindsight I wish I had kept more until yesterday am…hindsight is 20/20.

OT…Bought more GKPRF yesterday, started buying it at 38cents, it reminds me of VirTra (the good parts) in many ways. Most of my money is now in SUP, HRTG, JOB, GFGSF, BDN, and UIS. SUP has potential to go up 5x to 8x. GFGSF is likely to go up 10x to 20x but it’s mostly gonna come all at once in a few years when they sell. JOB is trading at tangible book value with an enterprise value of $20mil yet has $140mil in revenue and is cash flow positive. UIS also has 5x potential but trades flaky with no rhyme or reason.

Bought another 54,000 shares today. Investor conf Monday/ Tues and Q2 numbers later in April.

Good post, all true. I shouldn’t have used the word “frittered”. My point is that even though they have positive net cash and a clean balance sheet and clean capital structure they are not swimming in money.

To be fair, some of that is due to the growth of their rental business which is a good thing…maybe.

I also think they are now of a sufficient size and have enough credibility to walk into most any bank and borrow $20mil with reasonably favorable terms. I hope that is Givens slant as compared to dilution. He is smart so seems likely.

Compare net cash now verses net cash then….back then they had no debt, today they have about $10mil in debt….praise the heavens for the $3mil milestone gift otherwise it would look worse….also, subtract $3mil from Q4 net income and what do you get?

I think they might dilute (raise money) again even with the strong balance sheet. If they did it now, it would be at about 12ish. Their net cash position remains small as most of the last cap raise has been frittered away.
However, to their credit they negotiated the $3mil milestone payment so maybe they are trying to avoid further dilution.

I will buy back in if it takes a healthy dip. Will it fill the gap in the chart? There for sure will be an attempt. That said, it is looking strong so who knows.

Congrats All longs! Really good report. Stock should move up. I’m mostly out for now but will get back in deeper even if I have to pay up.

They have 90days from end of fiscal year.
45days from end of q1/2/3.

I hope it was a great Q4. I’ve just been burned so much lately (UIS this week) that I have come to expect the worst.

Yep, the run is done. Start buying again this Summer a couple bucks below Ferris recent sells. If Q4 was lumpy-bad…..4s or worse.

It will also probably do well but for whatever reason I don’t like it.

The Gatekeeper CEO has a new interview out in youtube. Invest_2020 posted a link to it beneath GKPRF on Seeking Alpha.
Really really good. I’m buying more.

“PTSD from Ferris”….That was a great line! Still laughing….cuz it’s sorta true.

Empty boxes? Staged at a weird angle? Just kidding….sorta.
They should put up a live webcam with that view! Think of all the sleuthing and speculating we could do.

It was a great report. I suspect it will keep moving up. Thanks again for recommending it.

Quiet board

Is the run done? What will the Q4 numbers look like? Current PS is 3.7, rather rich imo. A little over 2months ago this was a $4.x dollar stock. Nothin is ever easy.

Over the last approx 2 years premarket activity has become meaningless even when there is volume. I wish I understood why.

Big volume, 12.20+ close?….today could be it!

Volume still seems very elevated and strong to me, Friday was 150k shares. 110k equates to 1% of the 11mil outstanding shares. I always figure 1% is very healthy and we are well above. And the tradeable float is likely about 8 or 9million shares.

I will breath a big sigh of relief if it can power through and close above 12.2ish on volume.

Two Nile was supposed to be twinkle

In my opinion you are wrong. I say that with a two Nile in my eye. The stock first spiked a day or two after that good earnings report. Then that night the 3mil share secondary was announced.

Order of events in my opinion:
1. Good report.
2. Same day, Phone calls from VirTra to the 3 secondary buyers to confirm their interest and willingness and state the timing as eminent.
4. Next day stock spikes to 13+ premarket on extraordinary volume.
5. Secondary buyers short over 1mil shares each, likely total of 4mil shares, well over $10.
6. That night secondary is executed at $6 and the short positions are covered and the 3 buyers made all their money.
7. Over the next month all 3 secondary buyers sell any excess shares and are gone.
8. Stock trends up in anticipation of more good quarters ahead.
9. Down she goes as a lumpy one becomes evident.

We each have our opinions, perhaps yours is the correct one. 2021 will not matter if VTSI can push through and close above 12.20.

It briefly hit $12.19 on about Oct 11, 2021. The base of the chart leading up to that peak in 2021 looks better than the base leading up to todays peak, however, the look and volume of the current peak is far better and more secure than the 2021 peak. The company itself and its performance and CEO is also better now than then.

I still completely disagree that IVAS and Military prospects had anything to do with the 2021 spike. I also think the current run up has nothing to do with IVAS/military.

I do think this run will last and is due mostly to Axon’s entry into the space. Because of Axon, VirTras products will become mainstream and widely adopted.

I have enough shares to matter for me but a lot less than at my peak. It is still a top ten stock holding for me, likely about #7 or #8.

Although you didn’t direct the question to me, here is my guess:

Today or at any time in next couple years it could be had for 6x revenue or about 20x Ev/ebitda.

Today that would be $25/share.

If they continue to execute well and grow I think the 6x revenue remains a reasonable guess.

Luckily for this scenario, insiders have no control since they own so few shares. If someone wants VirTra and they go public or hostile it will happen.

So sorry about your dog, very tough. Our dog of 13+ years died Nov 1st, about the saddest I ever felt.

The sales were not option related as that would have been stated on the filings. He also does not have a sell plan filed with the SEC as that would have to be disclosed.

I suspect (hope) your third paragraph is correct. Simply needed the money for something.

I watched the CEO video today and bought some shares! Like it a lot.

Just some random thoughts….
1. Without the total 1 for 20 splits, current stock price would be 55cents.
2. If it doesn’t plow through $12, down she goes.
3. If it does go through $12, it could double or triple in short order.
4. Why the freak did Ferris sell shares recently?
5. If it’s above the current price heading into late March Q4 report it will be tough for me to hold through the report as I still fear a leftover Ferris lumpy quarter.
6. Relative to Axon and Wrap, VirTra is still undervalued.
7. Relative to most tiny public companies VirTra is way overvalued now.
8. What if they announce a big Military contract? Gonna go up a ton.
9. Sure wish a couple insiders would buy at this level.

What you just described are real orders. There was a contract between you and the seller and money was exchanged.

Is their backlog big enough to support growth? It seems light compared to their revenue. But I have no feel for this one yet other than the TTM numbers look very good.

“Preorders” is a funny word. Absolutely meaningless. Sort of like when a company says we have a bazillion dollars in active quotes. Also meaningless. I wonder if they get prerevenue or preprofit from a preorder? Maybe the numbers will be reported as preGAAP? Me thinks it is all a bit premature.

Superior Industries, they are one of the biggest makers of aluminum wheels for cars and trucks. NYSE.

I’m still here! Broke through once, but only 2 foot deep and I was close to shore. Sorta sucks that the ice is so crappy.
I still own a decent number of Vtsi shares but have sold some this week. I wonder if there will be some profit taking after Jan 1st?
It has been a fun market lately for small company stocks. Been buying Bdn, Hrtg, Bbgi, Cmls, Sup, Qipt, Gfgsf, Cato. Sup is my biggest holding, I would be buying that too but own too much. Ncsm is a great great buy but trading volume is nil. Enterprise value is zero! Crazy.

Yes, massive insider buy a few days ago and they are getting $5mil from empress deal.

I always forget to check this board. Yes I have been buying lots of shares. Even bought a few today. More great drill results. Looking to me like 2026 will be the year this gets sold.