Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I just checked again. It looks like have my transaction history from July 2019 until now. And at least 10 years of the type of statements that would get mailed to you.
My Atrade account got moved to Schwab already. I'd guess the issues derive from the Schwab transition.
Ya, looks like PCSV had a great quarter. I had asked the company what they thought the size of the opportunity was in March and Bledsoe said that there are 850+ JROTC sites. Each one could potentially use their program. They will ask for referrals to the other sites when the first ones are looking successful. He says the Army has 1,700 sites, the Navy has 650 sites, and the Marines have 250 sites. https://sgp.fas.org/crs/natsec/IF11313.pdf
So the opportunity is large if they get some traction. But I don't think they know how successful they will be in growing past the programs they are in already, they are just trying to delight their customers. I noticed they haven't discussed the size of the opportunity in their press releases, probably because they don't want to set expectations too high, and really don't know how successful they will be in expanding.
Russell 2000 trades are prearranged in advance by mutual funds that must track them according to Mark Gomes. ASRT also included also had a recent drop.
I don't know what it means. I've never heard that language before.
I would have guessed they could be buying more inventory as a just in case, but I don't see how going from high inventory to low inventory would hurt gross margins. I would think the opposite.
I saw that their inventory was rising the last few years. Maybe they were not selling their inventory unless they got a good margin on it, worried that if they sold the inventory, then they couldn't buy new inventory because of supply chain shortages. Now that the supply chain shortages seem to be improving they want to sell their higher levels of inventory down, but they won't be getting great margins on those sales because they are selling alot into the market.
The stock looked like it was in a continuation pattern, nice to see it break out today.
VTSI quarter looks good revs up 48% 0.27 eps
https://finance.yahoo.com/news/virtra-reports-first-quarter-2023-200500327.html
Uplisting happening tomorrow.
TPCS +0.52 to 7.50 announces uplist to Nasdaq
https://finance.yahoo.com/news/techprecision-announces-uplisting-nasdaq-capital-123000719.html
Fear and Greed index slightly above neutral in greed territory.
https://www.cnn.com/markets/fear-and-greed
Congrats on another win, KiK!
A few quotes from the call from Dan Peisert
"We believe we can certainly accelerate the path to profitability, and possibly accelerate the trajectory to a broader reach than what the in-person team has been able to do to date to drive awareness to physicians as well as to purchasing managers."
"... should enhance our access to the capital markets at a lower cost of capital than either company had on a standalone basis and accelerate our future M&A strategies so we can leverage both our platforms with complementary assets..."
"...but the synergies will come largely from the contracting and the access teams that will be a tremendous benefit to rest of the Assertio portfolio"
Dan Peisert also noted that this accelerate their plans and be highly accretive in 2024 and that this is a blockbuster product. There was some mention of 600+ clinics that Spectrum had access to whereas ASRT had access to 2000+ clinics. So the Spectrum product will get advertised more broadly than before, ASRT will probably get access to new clinics and relationships with their non-contact platform.
The ASRT purchase conference call
https://events.q4inc.com/attendee/994427686/guest?t=1682444171300
That's what I started doing, because my accountant asked me to.
Sesame street toys
I can definitely see this helping the company out. Sesame street is an evergreen brand. They will probably make a singalong Elmo backpack or something. They did very well with their carpool karaoke licensing. I'd imagine this partner works out better. They seem on the verge of more dilution though.
https://finance.yahoo.com/news/singing-machine-launch-sesame-street-120000794.html
I also own VTSI, but did not add. Backlog continues to rise.
PCSV had a nice update
Now debt free. Just received payment for 2nd half of JROTC order, so retired all company debt - that ensures a good upcoming quarter. Also said there was demand for JROTC second order. Selected for Iowa Governor’s STEM Advisory Council for their Scale-Up Program and has inventory on-hand to fulfill the order.
https://finance.yahoo.com/news/pcs-edventures-provides-operational-100000801.html
TPCS is in the process of trying to uplist to Nasdaq. It completed it's reverse stock split and could be uplisted any day.
What is the rationale for when you short the S&P and when you short the QQQ?
ZYXI +1.50 11.03
2morrowsGains, looks like you added at a good time
https://finance.yahoo.com/news/zynex-announces-2022-fourth-quarter-120000172.html
ASRT +.98 6.94 on good guidance and medical group guidance that says their top product Indocin should be used for all cases instead of just acute cases, expanding their market 3x for the product.
I didn't see this coming. They had great real estate at Walmart this season. I did often see out of stock in various products like the party machine microphone, but expected that if Walmart had given them that space, then Walmart would also have bought enough product to stock in advance.
What an awful quarter. $1.9M loss. Revenues down 66% for the quarter, down 18% for the last nine months.
https://finance.yahoo.com/news/singing-machine-reports-third-quarter-130000778.html
I think "most" people would be happy to make a few thousand dollars in their stocks.
"According to survey data from The Ascent, the mean (average) savings balance among Americans is $35,366. The median (middle value: more representative than an average), however, is $4,500."
https://upgradedpoints.com/finance/average-us-savings-account-balance/
Maybe that amount is just cash.
Here is a survey of retirement savings.
https://www.synchronybank.com/blog/median-retirement-savings-by-age/
"""
Vanguard: "How America Saves 2022" Data
Age range
Median Retirement Savings
Under age 25
about $1,800
Ages 25-34 about $14,100
Ages 35-44 $36,100+
Ages 45-54 $61,500+
Ages 55-64 $89,700+
Ages 65+ $87,700+
"""
While I don't think most people have the attitude or knowledge for investing in microcaps.
The "average" person will not have a difficult time with liquidity issues.
IVFH (.349) up 29% on new CEO news
New CEO was VP of Kroger Ecommerce and worked at Walmart before.
https://finance.yahoo.com/news/innovative-food-holdings-announces-leadership-133000470.html
PESI info
-----------------
Perma-Fix (PESI) made a huge move yesterday and today, running from $4.00 to as high as $4.80/share today on heavy volume for the stock. The reason for this seems to be that the Department of Energy on 1/31 released their final report on the Hanford site cleanup. You can view that here. https://substack.com/redirect/fc7f07a0-e7bc-4852-9606-0ac430eb3ea3?j=eyJ1IjoiMWllZDdoIn0.x-_3Ov9VU6SCZi6ItLUzRVEXy_MA_5CtSl9gNI3RnMs
In short, this final report has PESI's name all over the place! Most importantly, it indicates the DOE's expectation for PESI's Northwest Facility ("PFNW" is the acronym used in the document) to treat 8,300 cubic meters (2.2M gallons) annually during the Hanford site cleanup, which will take decades to complete. What does that mean for PESI? Well, our best estimate is that PESI would earn around $150M of revenue annually for that work ($70/gallon) at high margin, leading to $100M of estimated gross profit. As a reminder, PESI is currently a $100M revenue company. They should require relatively little capex and opex increases to process this business.
The final important item to note is simply that the DOE is moving forward on Hanford. In previous conference calls, PESI's CEO, Mark Duff, indicated that everyone was waiting on the DOE's final report to start proceeding. With that in mind, and with this final report issued, we would expect to see an award for the $45B ITDC contract in the near future. The current expectation is that the contract will be awarded to one of two bidding conglomerates by EOQ1 '23. This final report seems to indicate that timeline still exists. In any case, the fact that DOE is now moving forward on Hanford is extremely positive news for PESI because as soon as the cleanup begins, PESI benefits.
Breakout Investor, Aaron Warwick, has a call on Friday morning with PESI's CEO, Mark Duff. Any important updates from that call will be shared on the Breakout Investors platform.
I have short Russell and some short Nasdaq that I added to recently. I expect the market down most likely also.
Thanks, much appreciated. It's hard to learn about this part.
Can I ask you or anyone else about trading out of a disappointing quarter with an illiquid stock like GLGI? First it looks like with a disappointing quarter you try to get out as soon as possible with your style? So then, upon seen the disappointing quarter do you set a limit order that evening? Then at what price would you set the limit order to get out. What price would be reasonable for this? Then, I guess in the morning you would wake up and monitor any trades and see what people are selling at, if your order did not fill and adjust. Let's say it falls below your previously set limit. Do you then just set to the same limit as one that traded before? Try something. Try a limit, give it 10 minutes, drop it lower, etc.?
Just wondering how you guys do it and think about it. Because I seem to get stuck in my positions when they don't work out.
LUV
This is affecting me. They just cancelled my flight again. We booked on another airline
OT: Merry Christmas everyone
Looks like Sam's club is carrying the duet pack of party machine mics. I think this should be beneficial as the small size allows them to pack much more product into a small shelf space. I have noticed the Party Machine mics moving at my Walmart. At first I thought they were a strange form factor, but they seem to do well.
https://mobile.twitter.com/NoAla_Trading/status/1597259739091853312
Walmart really cleaned up their display. It looks much better. I can't tell if they are selling because they are keeping the area fully stocked now.
Trending where? Strange action lately.
Congrats KiK, amazing as usual
The bottom line is finally growing. And I think the market likes the fact that there is blood monitor showing momentum.
True. A hung election would probably be bad for the markets. Uncertainty.
I vote mostly priced in, but not completely.
ASRT Anyone interested in ASRT?
It is somewhat of a turnaround play. They have a new CEO as of Dec 2020 that seems to be doing a good job, a bunch of cash, some new products on the docket, recently diluted shareholders to pay off some debt they were carrying at too-high an interest rate.
P/E 4.54
~$1 cash vs. $2.63 share price
They guided for $129M-137M this year versus $111M last year.
https://www.sidoti.com/asrt
Zynex Announces Additional Share Buyback Program
ENGLEWOOD, Colo., Nov. 1, 2022 /PRNewswire/ -- Zynex, Inc. (NASDAQ: ZYXI), an innovative medical technology company specializing in the manufacture and sale of non-invasive medical devices for pain management, rehabilitation, and patient monitoring, today announced that its board of directors approved a program to buy back $10.0 million of the Company's common stock. The program will commence on November 1, 2022 and is scheduled to terminate on October 31, 2023 or when the $10.0 million buyback limit is reached.
Zynex
Zynex
"We are committed to driving long-term value for our shareholders and believe that the current strength of our balance sheet presents a strategic opportunity for a third buyback program," said Thomas Sandgaard, founder, and CEO of Zynex. "We've repurchased $20 million of our common stock thus far in 2022 and an additional $10 million share buyback reiterates our commitment to creating value. We believe our consistent performance and ability to maintain profitability is not reflected in Zynex's market valuation and are initiating this buyback program as an attractive opportunity to deploy capital and return value to our shareholders."
Under the share buyback program, buybacks may be made from time-to-time in open market and negotiated purchases, effective immediately through the next twelve months. These buybacks will be made in compliance with the SEC's Rule 10b-18, subject to market conditions, available liquidity, cash flow, applicable legal requirements, and other factors. The specific prices, numbers of shares, and timing of purchase transactions will be determined by the Company from time to time in its sole discretion. This program does not obligate the Company to acquire any particular amount of common stock, and the program may be suspended or discontinued at any time, including in the event the Company would be deemed to be making an acquisition of its own shares under Rule 13e-3 of the Securities Exchange Act of 1934, as amended.
The Company expects to finance the purchases with existing cash balances, which is not expected to have a material impact on capital levels.
Zynex, Inc. had approximately 41.6 million shares issued and 37.5 million shares outstanding as of November 1, 2022.