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Leaning valuable lessons
Stockdoc;
I hope he has learned lessons from this. It seems like this may be a positive thing in that it is forcing him to do something quick (I'm talking about the IPO) to generate some cash.
We'll wait and see. I truly believe that this IPO will become a reality but as you or someone mentioned it may execute in a somewhat different way than we all expect at this time. No matter, as long as we get back on track, this is the key.
J
Leaning valuable lessons
Stockdoc;
I hope he has learned lessons from this. It seems like this may be a positive thing in that it is forcing him to do something quick (I'm talking about the IPO) to generate some cash.
We'll wait and see. I truly believe that this IPO will become a reality but as you or someone mentioned it may execute in a somewhat different way than we all expect at this time. No matter, as long as we get back on track, this is the key.
J
Thanks for the reply
My concern like everyone's is that this needs to go through and hopefully it will. I echo Investology's concern that Jay has not produced on several big plans and what we need is execution not talk. As I have a considerable amount invested in MOBL, I am hoping I have not made a big mistake. To this point we are all suffering with big losses mounting.
I do believe that Jay has been trying very hard but he underestimated the difficulties that he would run into. Why we are not more focused on our Business model escapes me. It seems like we have put together a hodge podge of technologies with very little real planning hoping that something would come of it. This is how it seems from the outside anyway. Why we have an Internet Gaming company as one of our divisions is not focusing our energies on Wimax/Wifi which I think is where we should be. DAVEL while I understand the initial plans for purchasing this company by using the real estate as space for wireless footprints has not panned out.
I have been very supportive of MOBL through the two years + years I have been holding. I think the time is now for some execution.
J
IPO considerations
I have some IPO questions. If anyone can give me their expert advice, I'd appreciate it.
1) At the CC JW said that they were working on an IPO with BB&T. This IPO sounds like a done deal, albeit the hoops that need to be jumped through to make it happen. Is this an accurate analysis?
2) If an IPO was done, it may take some time to reflect positively in the MOBL pps (imo). In other words, just because the IPO occurs, doesn't mean that this would reflect positively same day for MOBL pps. Would that be a correct assessment?
Go MOBL!!!!!
J
History is my proof!!
Crashman;
It will continue to drift down as Cornell dumps more shares. Looking at the way things are going, unless there is good news we will be at around 3 cents per share within the next 2 weeks (imho) - maybe even high 2's as I mentioned in my previous post. You don't need to be a rocket scientist to see that the trend is down primarily because of the continued Cornell dump of shares.
Don't get me wrong. I'm not happy about it, it is just what I think. We basically need some positive news that things are turning around (i.e. increased revenues, sale of DAVEL, the KITE IPO, etc.).
J
I agree with Zgoldies2
I believe this will drift back down to low 3's or maybe high 2's over the next couple of weeks (save for any announcement of good news). The ONLY thing that will pop this is news of a sale of DAVEL and/or the IPO news. I believe Jay mentioned 6 to 8 weeks from the CC we would have word of the IPO. I have been confused if this meant an IPO would occur in 6 to 8 weeks or if this was just the announcement. It seems to me that we are getting very close to at least an announcement of some sort.
Crashman;
With the number of shares out there for MOBL I think there is enough for all...
I'm planning on 2,000,000 shares at $.02.
Just doing my part....
J
Me too.... I don't think we can go wrong if we do.
Kite IPO Question
1) If as holders of MOBL we are given shares in KITE will this happen before the IPO or after?
2) Also when would we normally be able to sell any shares of KITE?
I know that this is one scenerio of what might happen if an IPO were to occur.
Any help or answers would be appreciated.
J
paradigm67;
I have been investing for several years now into MOBL. I remember when the pps went to .40 per share back a couple years ago. Since we had a lot less shares outstanding (around 300,000,000 as I reckon) would this not make the case that it will be MUCH harder to hit that .40 pps again with all the new shares that Cornell has dumped on us. The only way I see us getting to .20 pps is to sell DAVEL, and an IPO with KITE. .40 will only come (IMHO) if we actually start making money!!!
Couple other thoughts:
1) If we IPO KITE and pay back Cornell some of the debt we have incurred, would that also result in a buyback of shares, since shares and debt are intricately linked with Cornell.
2) I also think that the PROGAMES division pulls us away from the wireless focus we should be at. True it may have some merit down the road, but I see it as a current distraction to the real money maker which is the wireless division in my opinion.
Just wanted anyone’s thoughts on these issues:
J
OT: INXS/Nibbler16 My cost basis is 11.32 cents per share. I was also buying in the 20 cent range but I'm buying heavy now. If I loose, I loose (but I am seriously hoping this doesn't happen here). I truly believe in what MOBL is trying to do...
J
OT: LOL - This post was too funny... eom
dayflyer;
Some of those 50,000 trades were mine. Maybe about 8 of them. I may be crazy but I'm loading up heavy on MOBL now. It isn't all daytraders
J
INXS2121;
Well said. I agree with you 100%
J
Yes, this is just web site user's opinions of what they think it will be worth in the time indicated. There are no justifications to these values and there are no "expert" analyst opinions that I could see.
I wouldn't put much stock (no pun intended) in a $0.44 pps for MOBL in a year. Might be more, might be less.... I guess we'll see.
jmalroy
HARR449:
Thanks for the info...
J
Nevermind...
http://viavid.net/dce.aspx?sid=00003AED.
Does anyone know how we can listen to the Conference later today. There should be some kind of link to access that will feed the conference to our PC's...
J
pacattack;
I was thinking the same thing you were. But I think I will wait until after the conference call tomorrow to see how Wednesday looks. My money may not even be deposited into my Scottrade account until then anyway.
Good Luck longs. Think positive about tomorrow. I hope Jay has some good news and some surprising things to tell us. We need a little positive push.
J
I'm waiting also... I'm trying to get money into my account. Thought it would be there on Friday but it's still not there... Hopefully tomorrow.....
J
Unfortunately, I'm in agreement with you on this point. They really need to make some positive progress.
J
MOBL4Ever;
I think MOBL has a lot more potential than 40 cents a share. JW and team need to keep pressing forward. Hopefully, some good news will break soon. I keep telling myself, the Board and JW are not stupid and I believe they have expected the downturn in DAVEL as the 10Q mentioned. I believe they are doing the best they can under the circumstances.
J
Sammy;
We all make mistakes in stock picks. I admire your ability to pull out of this. I believe in wireless no-the-less and I am in this for the long haul. I'm down $50,000 for the record so you should count your blessings. Maybe your smarter than me. Good luck with your daughter's wedding. Best of luck to you. I hope you continue to post though. I've enjoyed them.
J
I agree... It's frustrating as we wait and wait and wait. I'm down a huge amount but I really believe that MOBL will pick up soon. I agree with several other posts. It's hard to pop in and out. With my luck, I'll pop out when MOBL starts to take off.
I too am going to make an extremely large purchase on a "leap of faith" I gotta get the money into my trading account which will take a day or so but hopefully by Friday I can make several purchases that add up to some real shares.
GO MOBL!!!!!!
J
I'm not an expert but I can tell you this. When MoBL was flying high with a pps of .30 -.40 a bunch of folks were singing Jay Wright's praise. Now that the sp has plummeted to .05 many folks are cursing him. I personally believe in Jay Wright even now. I believe he has a vision and his smart people around him that can guide the company through the hard times. I believe the one big thing is that MOBL needs to start showing profit from its business lines. On the business lines that are not profitable, those need to be sold at this time. Wireless is the way of the future, no doubt. The risk taker in me says to continue to buy more shares to drop my pps.
J
Bly03;
This is well reasoned. I have been in this stock for 2 years now and what you say is pretty much what has happened with MOBL.
I'm hoping for increased revenues with a bottom line ending with profits. This would really send this into orbit. I think another two years will provide this.
J
Sounds good. Look forward to getting an update on how it's been going...
I'll be looking for your e-mail
Jason
Maddog;
I'll meet you in Vegas. I'm up to 600,000 shares now and wanting to buy more but I don't have any money left. Would like to get to 1,000,000 shares. May have to sell a couple of houses....
Talk to you later
Jason
Maddog
Send me an e-mail at work.... I wanted to talk to you about "stuff".
Jason
INXS2121;
I have a plan for not letting the wife know about my investments. I don't tell her anything...
Advertising in the ASU newspaper is really a good idea. My brother use to go to ASU and he was impressed with the whole MobilePro wireless concept after I told him. He mentioned that the ASU paper would be the place to advertise also.
J
I agree with Fish. I think the pictures have gotten out of control.
J
mnfats;
I realize the truth in what you are saying.
Actually, I'm going to buy some more shares for holding long. I was just hoping it wouldn't climb to quickly as I need a day to get a hold of some funds...
J
Mobl will probably drop .5 to 1 cent per share tomorrow. I don't like it but that's what's going to happen IMHO. People are going to take some profit off the table.
I wouldn't worry to much about the word "Free" . The business model for "Free" will not last. It will run Google out of business. I do not believe they can sustain profitability via ads alone.
J
petemantx - Gives us all time to buy more shares. I agrees that a 6 month to 1 year investment horizon is the way to look at this stock. Once it pops it will go up quickly and not return to these prices.
J
Do you know his posting handle?
Maddog_NWAU Impersonator
Maddog_NWAU is being impersonated by someone with the moniker of Moddog_NWAU.
People that do this really don't have a life.
J
==>> This guy is another impersonator <<==
What an idiot...
Have Faith in MOBL's business plan
Just ignore these crazy bashers. Didn't we just have a SHM last Friday with JW laying out all the great things that are happening with MOBL. Another city under our belts, revenues improving, the Zigbee chip, etc. etc. Rome wasn't built in a day. Give JW and team time to execute their plans and we will all be laughing at these poor sorry basher's soon.
Go MOBL...
J