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Great report! +64cents
And beat on revenue
And huge premium increases coming
Stock is worth $30....easy.
Legally they have to take any and all questions that are asked “live”. If they only took presubmitted questions they would be breaking the law and would expose themselves to any number of lawsuits. That said, just because they must listen to a question does not mean they have to provide a good answer. They could simply say, my answer is F you and that would be legally ok. Though not smart.
ARZ, The 48,000 shares for sale at an ASK of 8.50, are they yours?
Q3 report on Oct 27th! Should be very good. Perhaps EPS of 80cents.
Then shortly thereafter a regular and special div PR.
Any opinion on Mill Road quickly building a 9.7% stake in the company?
Long and strong.....again!
The valuation metrics, PS, PB, EV/ebitda, PE are all too strong for me to stay away. I simply would rather own it than not own it. And if you want a little income as you wait, strategically sell a few covered calls.
I agree with you and even acknowledge that what he does is not too different than what many of us do on these message boards. He was also publicly into VTSI before the recent rise so props to him for that. I guess what I found a little disengenuous was his claim that he would be buying heavily today when the lines on his own chart conflicted with that statement. When a stock falls 25% on heavy volume it is NEVER a one day event and he knows that.
I will also admit I am an addict.
I went about 75 hours without owning ANY Vtsi shares.
But then late today I bought a bunch.
Will buy more if it falls more.
All I know is I would bet anybody and everybody that he was a net seller of shares today.
That video was a clown show. My opinion is he was furiously pumping in order to get out. And he mostly succeeded!
I admire your enthusiasm and I also own some shares. However, the only way this goes up significantly in the next 6 to 12 months is if the lab tests with cores in solution show great promise with respect to the process. They have no revenue today.
I think of it this way.
VirTras mission is to improve LE and Military performance via training.
What would be the most realistic training?
Real actors, real sets, cameras/mics everywhere.
VirTras V300 type of system is one step closer to this (real actors/sets) than immersive headsets.
Immersive headsets result in far too much detachment.
Simple as that!
With respect to VTSI stock, the good news is we are only about 3 weeks away from the Q3 report.
Lets all hope the stock drifts down to the 4s so we can again load up before the announcement.
If you believe your own post, why is it a disaster? Simply sell your shares and be happy you got 9.50. That was a hell of a good price just a few weeks ago.
If you bought at 12 a couple days ago then it does stink.
The Storytrading guys are hilarious if you watch and listen to what they actually say. This is another example of our CEO surrounding himself with 3rd tier people. Think about it, if the story guys were great brilliant smart investors then that is what they would be doing. Instead they are a bunch of dudes selling subscriptions, advertising, and access in my opinion. No different than any other subscription service.
Perhaps this will open our CEOs eyes to the benefits, stability, easy growth that could come from focusing on selling to the 18,000 police departments in this country.
I have also added this week.
Me thinks your timing is pretty good. I have been buying all the way down including a chunk today. The nice thing is SUP is not a leaky ship with regard to revenue and eps numbers leaking out before the formal report. I think this time expectations are so low that even a terrible revenue number will be met with relief and a step up in the stock.
A bunch of disjointed thoughts....
Watching that latest Storytime video made me chuckle about a dozen times. It was like watching 1st graders do calculus. Or said another way, it was like watching many of us about 7 or 8 years ago.
Ardly said a very smart and savvy thing when he said it would be wrong for Bob to be "playing along" if VirTra didn't have a significant piece of a Military contract. I also believe that.
ARZ is also 100% correct in that there was no apparent need for the dilution. But if you want to know why he did the dilution it was for one reason and one reason only (in my opinion). Prior to the dilution the stock was in the wrong hands (people like me who simply sat on it). They issued the 3million shares to get those (and more) into the hands of big money players (funds, institutions, deep pockets). Bob took the advice of G. Johnson and bowed to Wall Street and decided to play the game, simple as that.
Bob has many strengths but also two very bad weaknesses. He is a poor judge of people and surrounds himself with 3rd or 4th tier talent. He also does not have a clue what it takes to sell product to anybody. IF he was a good judge of talent and could hire well then the second thing wouldn't matter since the leader of the Sales Org would be responsible for sales.
Last, I wonder how Bob will be able to handle the pressure of skyrocketing expectations and a fully priced stock? I'm sure Q3 will be fine and maybe even Q4 but we all know that one or two of the next 7 quarters are gonna suck for some reason no one saw coming.
Well, if you feel that way I congratulate you cuz it means you own enough shares to matter, to care, to make a difference on a big rise, to hurt on a fall. That is the only true way to play.
The reference to sanitation near the bottom of your post is rather interesting. I sure never thought of that angle!
Remarkable. VTSI goes up 70cents and this board is all quiet! Either we have all disappeared or maybe become complacent or we have sold to others. PS is now over 6 and that too is remarkable.
Going all in with UVE!
It is worth $25 today.
Great post. All publicity is good publicity when no one knows about gggof and how fundamentally undervalued it is based even in trailing performance! If the projections come true, then sky is the limit. I keep buying more about 2x per week.
What a glorious run we are on! Should get to $6 within days!
Congrats on making money with VTSI! I still think it goes ballistic UP either in the days leading up to the Q3 report or the day after. Analyst estimates are woefully too low and the stock has a ton of strong support right now. It has traded like a rock star the last month.
I will likely buy more shares next week to be ready!
….but VTSI has proven me wrong countless times over the years….so caution.
There are some other great sticks to buy right now that will do well over the next year. UVE is a safe one that worse case goes up 50%. Gggof is higher risk but should be at least a double over the next year. BELFB and SUP are great buys now. SUP will be a $20 stock in 12months. BELFB is super safe and should go up 35 to 50% over next 12 months. All of these have a big factor of safety vs. VTSI now that VTSI ps is so high. As you can see from my picks, I like stocks with very low ps, Pb, and ev/ebitda.
Great video interview with CEO from a couple days ago. Link in yahoo finance message board and in Seeking Alpha.
I am now buying heavily.
International is picking up! Sounds like more revenue for 2021.
I have similar thoughts as well.
Right now I wish I hadn’t sold as many as I did.
But if I still had them all, would I have sold some now?
Or why didnt I buy more a few days ago at 8.5?
And if one is willing to hold, then one should be willing to buy.
Over the years one does learn what one is good at with regard to investing/trading. Gotta be comfortable in your own skin I suppose.
I say stupid stuff all the time, so brace yourself…..I think VTSI will keep going up REGARDLESS of how the company performs for the next 6 months. The stock had so much support now that even stupid stuff is viewed positively. For example….their new HQ is stupid.
I also think the stock will spike in a crazy way when Q3 is announced.
Winner winner chicken dinner!
We have a fiddy cent stock (presplit)!
It is a freaking ROCKSTAR!
Buy buy buy. Rock solid sure thing.
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…or not
Bought more shares after recent drop.
No sense in selling calls any more.
In fact, buying calls is a decent bet now.
Lumber stabilized and starting to rise.
I recently bought shares based mainly on the massive insider buying and their negative enterprise value.
Rather remarkable this ihub universe has so far ignored the stock.
I’ve been IN since $2 and added at 10/9/8 last week….in that order!
TNT has the potential to be a massive stock from the current 10 level. All they need to do is meet the guidance that the CEO has put in print. The numbers are stellar.
Upcoming catalyst is closing the Cubeler acquisition this week.
Suspect that will be followed by even higher guidance.
Sky is the limit.
OT for VTSI readers: HRTG and UIHC and UVE May have all finally bottomed last Thursday and started reversing on Friday. All at multi year lows, all still have good and growing business, all will have great EPS in 2022. UIHC might have most upside, HRTG has best balance sheet, UVE has best Management and growth.
I am in each right now in a big way. I have traded UIHC and UVE on and off for many years.
If I may…..his use of Finally was exactly correct. Pre COVID, international sales in the Middle East were a regular occurrence and a significant portion of VirTras annual sales. They made a big deal back then when they would sign a new distribution partner. Then POOF, COVID hits and VirTra Completely turns its back on international. To me it says VirTra has a poorly designed system from the perspective of setup and “getting one ‘running’.”
I mean really…why can’t they design a system such that it can be ordered on Amazon Prime and when it arrives the setup is as easy as pushing a button?
R. E. L. A. X When the Middle East needs a system they will call us. We have our phones turned on.
And now added a ship load in the 5.50s!
I sure agree with you. The stock is behaving very strong. Any dips seem short lived and brings out buyers. And when it moves up, no one is running for the exits. A remarkable change compared to the distant past and recent past. I do think that this Q3 is a put up or shut up sort of quarter. They need some big revenue numbers and/or some concrete Great news to sustain and grow the current market cap. Analyst estimates are again a joke, no one is that stupid.
That didn’t last long.