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"They need a new CEO ...."
Sounds logical but if you get rid of the CEO, you're getting rid of THE link between MKRS and DoD. Without DoD, most revenue instantly evaporates.
It's a real paradox.
Pat
"MKRS have friends in DC, Washington, that's always a big help when you're talking Military."
Meany is the man with the friends ... particularly with DoD. He is a very valuable asset to the company. That's the conundrum. Without Meany, those valuable relationships could diminish. With Meany, the company's concern about shareholders and share price will probably not drift too far from what we've been experiencing for nearly a decade.
Pat
I sure wouldn't dispute that! <G>
Pat
He's as happy as a clam with the way EVERYTHING is going. His employees are content and he feels like he's making a real contribution to America's defense which pleases him. He's going nowhere and selling to no one. In the event something happens to him, he likely has already designated a like minded successor.
Pat
Sorry to say, I don't think this company ever had anything going for it in terms of a future. I hope my opinion is proven wrong.
Pat
Again, I merely inquired as to the basis for the statement that there was a huge pay cut involved to join the IMSC team. I was first asked to join in this theory as supporting evidence for that statement, and now you tell me "it is what it is" as the supporting evidence.
I got it. No need for further clarification. Thanks.
Pat
Asking me to join you in your speculation wasn't really the evidence I was looking for. I think you've answered my question. Thanks.
Pat
"I can guarantee you the folks that left their cush postions at the competiton took massive salary cuts to join Implant"
I gotta call you on that one. Please enlighten us on where you came up with that factoid.
Pat
The videos are primarily fluff. They might be better than crickets but if that's all they've got to publicize, I'm not sure putting that in writing with quarterly PRs would enhance their stature with new investors? No thanks.
Release a PR only when you make news. If you have no news, work harder so that you can make news. Period.
Pat
Now play nice, legaltips. Don't take it out on me. I'm merely stating an opinion that's not the same as yours. That's what makes markets. You need to keep the emotions in check. Failure to do that can be catastrophic for investors. Good luck.
Pat
That info should extend current revenue levels for 2014 which should also serve to maintain/justify the current price range of 7 to 10 cents.
Pat
That scenario makes for good "flipping". Grab a stack for long term and one for flipping and soon you'll be riding your long term for free.
Pat
Thanks for your deep insight. You didn't disappoint. <G>
Good trading to you.
Pat
"Price of MKRS should be much higher."
We all hope you're right but those who actually are willing to buy and sell it think differently at this time. Unfortunately for all of us, they are the ones who are determine share price. When something materially changes, of course, the price may react accordingly.
The problem that I see with being onboard with your "undervalued" theory is MKRS is still essentially a one trick pony at this point. I am unaware of anything in the pipeline that has the potential to be the revenue generator that ADEPT has been for them ... which is the basis for the share price being as high as it is. Absent another source of significant revenue, the share price is fairly valued by the investing public based on anticipated revenues from ADEPT and their other minor product lines.
Like you, we all "hope" that the share price will go higher, but unfortunately hope alone won't elevate their share price.
For the benefit of the board can you share with us what it is that you see as being the catalyst that would help investors recognize that the stock is undervalued? Is one of their non-ADEPT projects actually generating more revenue than is currently being acknowledged by the investing public? Is the ADEPT revenue not being recognized properly?
Pat
I can't give you a company with similar numbers either. Assuming there are none, on what basis would you think that MKRS is currently undervalued?
Pat
"This stock is so under-valued ...."
.... and what price would you assign to reflect it's current value?
Pat
It's priced precisely where it should be. If investors thought it had more potential or the company's current earnings justified a higher price, the price would be bid higher. It's really not any more complicated than that.
Pat
shorts ..... really?
Pat
"This is ready to move north."
Canada?
Pat
If we can shove it down to around $1.05 it might be good for another quick flip back up to $1.15 again.
Pat
They haven't sold any of their flagship "TSA approved" product .....yep .... must be shorting involved! Surely there can't be any connection between lack of sales/revenue with a stagnant share price.
Pat
Manipulation? ...... absurd. The stock trades less than a half million shares per day and the price has a daily swing range of about 5 - 7 cents! Must be some whales playing with this one!!! <G>
The "news" with which you seem to be impressed are announcements with no dollar values assigned. I'm guessing that they are relatively small sales. With enough small sales, collective earnings can ultimately have a positive effect when their cumulative totals come out in the Qs. In and of themselves, small sales certainly won't drive the price significantly on a day to day basis.
You apparently believe they have a bright future. If so, hold on to it and have some patience until that belief changes.
Pat
"It definitely means that as long as the pros keep missing IMSC, that means it has a lot FURTHER to run."
Sounds logical to me. So we should be hoping the pros never pick this one up .... OK.
Just think .... if customers keep missing IMSC, we just might run forever!
Pat
Maybe there will be another day of flim flam tomorrow. I can see the emails heading to press later tonight .... (in bold font) "Yesterday's pick up 300%!!! This is just the beginning for MKRS!"
Then they'll start referencing the Grumman contract as their basis and see if they can't pick the pockets of a few people who were late to today's pump party.
Textbook case worked to perfection .... ya' gotta admire it when it's done well!
Pat
I have this sneaking suspicion that they're going to run it down into the early afternoon before they'll make one last exhaustion pump before abandoning it.
This has been fun to watch.
Pat
I suppose this new hire could have been brought onboard to replace someone or simply just to provide another set of eyes for current workload. An addition of only one person might suggest that the project isn't all that big if they were hired solely to work on the new contract. Do you know that the new hire was specifically brought onboard as a result of this Grumman contract?
Pat
I hope you're right. When they landed the ADEPT contracts they weren't shy about putting dollar amounts in the press releases. That suggests to me that this isn't particularly noteworthy. Remember, ADEPT contracts were pretty large for this size company and even that didn't generate lasting share price improvement.
You're also correct about ADEPT having non DoD potential. I think Meany's connections are pretty much limited to DoD sources .... and they are significant, particularly with the Navy. The fact that non-DoD hasn't yet nibbled tells me that there is either little or no interest at this point, or MKRS isn't aggressively trying to put it out to non-DoD sources. ADEPT has been around for awhile now so you'd think if it was "hot", it would have already garnered other interested parties.
I just don't believe that Mr. Meany wants MKRS to get any bigger. He makes a very good living for himself and his employees with the size that MKRS is right now. I think he is very loyal to his employees and to the DoD. Perhaps if he one day decides that he's had enough and wants to enjoy the fruits of his labor, he might "shop" the company to someone.
I've got a feeling though that he is from the old school and loves his work to the point that a hearse will be the only thing that could take him away from this company. I just don't think a buyout is in the cards nor do I see any expansion that might serve as a catalyst to drive share price.
Pat
I think that's the only way that this stock would move out of the funk that it's been in for years. ADEPT, which is probably the biggest revenue generator that MKRS will ever see, didn't make any lasting impression on the share price for them so it's highly unlikely this little contract will have any impact. Nothing in their pipeline has the potential for revenue like ADEPT did.
I don't think they'd be a willing target for acquisition. Mr. Meany is one contented clam plodding along just as he is. It would probably take an absurdly high offer to pry it out of his hands.
I sure wish they'd make a liar out of me!
Pat
With no dollar amount mentioned in the PR it'll generate about 125 shares worth of interest ($56.25 worth of stock) in spite of the big name of Northrup Grumman. <G>
Not likely to be worth much to the bottom line so the stock should remain as active as it has been and in the same price range.
Pat
Can we count on this prediction being as "right on the money" as this one?
insert-text-here
Pat
Be patient. Soon for pennies a day you'll be able to buy BILLIONS of shares.
Go NEIK!
Pat
You've been pretty accurate in your forecasting so far on this one. I sure wish I had money to load up.
Pat
Another way to say that "nobody is selling"? Nobody has any interest in buying!
Pat
Are you hinting that maybe it's now time for some pre-arranged type of deferred compensation to be paid to him?
Pat
"starting" to stink????????
Pat
I think you may have made a mistake and posted a Florida Chamber of Commerce video .....
Pat
uw86,
I really don't have substantive specifics to make me feel the way I do. It is nothing more than a "gut feeling". The polished videos come across as a little too long on production value with pamphlets, quotes, and camera angles, and a little too short on results. There are promises of future success with each video and little more. It's wearing a little thin. I'm beginning to see this as eyewash created to distract from the absence of anything else being under the hood.
I hope I'm wrong but as time passes and with video content that is beginning to resemble summer television repeats, my nose is beginning to twitch from a faint odor. All IMHO, of course ....
Pat
The smell is getting stronger ...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78951189
Pat
Let's not kid ourselves. Holding any penny stock for years is a losing strategy.
...precisely my point.
Pat
"I have stocks now I've held for years because I think one day they will pay off."
I think you have another one! <G>
Pat