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Ok, so what compelled computer A to trade 37 shares premarket and then to trade 1 share premarket?
INO will be a $100 stock by July 1st.
And it will still be a buy at that point.
Twister and Teeroy and other owners, what is your opinion of Ferris’ current focus/priorities?
Nice update this am!
Bodes well that they care enough to issue the PR.
Q2 numbers ugly but Q3 will be back on track.
I’m pretty excited by how this is trading. Looks like strong smart manipulative accumulation. But none of it matters to me because my foundation is always what the company is worth.
I should stop tweaking Ferris but until he starts acting the part -CEO- I will continue.
Maybe tomorrow I will share with you possible titles for the book Ferris is writing (or not). Stuff like:
“Ferris....A Wheely Ok CEO”
“A CEOs guide to making your company invisible”
“What is a shareholder?”
Another day and no press release.
Another day and no national TV interview.
Another day and no NYTimes or LATimes or big time article.
Another day an no big Military announcement.
It is as if Ferris is doing everything within his power to hide the company from the investing public. First thing he has done well in a long time.
Another nasty night in the hi-end Uptown area of Minneapolis is going to keep upward pressure on VTSI and others. If a few more of the active MN investors would start buying we could really start moving up.
Thanks. I hope it works out well for you. Likely will. At one point I thought they might buy VirTra but then I saw their Axon connection and realized it would never happen.
Why would you buy the stock of a company with a $320mil market cap and sales of $1million? Truly curious.
Blows my mind that Ferris or Mulcahy or VirTra IR have not been featured on ABC or CBS or NBC or FOX or CNBC or CNN. Doesn’t Ferris realize this is a big part of his job? Doesn’t he understand this would help VirTra sell product? Networks love covering feel good stories about small companies. Come on Ferris, be a leader, show some leadership.
Some perspective. At $4.50, enterprise value is about $30 million. $4.50 is only the equivalent of 22.5cents before the 1:10 and 1:2 splits.
Remember a few years ago when we were briefly trading at 35cents. That is the equiv of $7 today. Even if the stock gets to $10 now, that is still only 50cents before the splits!
Think about how low our expectations have fallen. All because Ferris was unable to grow at a consistent 20% year over year which is a very low threshold for a company this tiny.
Now we are in a situation where every star in the universe has aligned to benefit VirTra. Think about the macro environment now verses a decade ago or even 6 months ago. VirTra must take advantage.
As someone else said, in this environment, VTSI is worth $10 all day long and that would only be a conservative fair-value sort of number. Traders and expectations could double or triple that in a heartbeat.
Now, what does Ferris need to do? 1.Be upbeat and optimistic. 2. Be a VISIBLE industry leader/spokesman. 3. Deliver a Q2 at least 50% better than last year. 4. Take advantage of macro environment to triple backlog within next 6 months.
Better days ahead.
I was got cuffed hard in Catholic grade school for writing about Dolly Parton and how when she moved to Tennessee she took the hills with her. Sister Gladys damn near killed me.
Rigorously analytic was funny. Have you read many SA articles? Most are a joke which is why I hesitate to write one.
Wish I had more ambition.....I would pen a Seeking Alpha article right now. Anyone can do it and they even pay you a few bucks.
Bonus thots:
A. I had a hard time hitting a racoon at a distance of 5 feet with my Glock, how do the police do it?
B. The only thing on talk radio is police training.
C. Vtsi is performing well in a weak small co market the last few days.
Every time I go off grid fishin for a daY or two VTSI goes up! Nice to see. Was a hoot reading all the posts here as well. I still have almost all my shares. Sold several thou too low but that was pre-Floyd. So a few thoughts drifting in my head:
1. S3 was issued before Floyd. Makes me feel better about it.
2. If VirTra was worth $3 pre-Floyd? Shouldn’t it now be worth $9?
3. If VirTra worth $9 before fed legislation, shouldn’t it now be worth $18?
4. If it catches fiire with the hot money momo crowd then even $50 might be cheap.
5. The ONLY thing Ferris should be doing is media interviews.
6. His employees better be doing the heavy lifting.
7. Took me about 20 shots to kill 4 racoons with my dog in the middle. What a cluster.
8. A 15cent day trade deserves a bit of mockery! Sorry.
9. There is no serious resistance above $5.
10. TA on Vtsi is impossible now due to macro environment.
At $4, Enterprise Value is $27mil. Rickidiculous!
In my view the use of twitter and fb and social media is another possible sign of the company being lazy....and not very smart/savvy. They instead should have all resources focused on making direct individual contact with the decision makers .....PD Chiefs, Mayors, City Councils, vVillage Admins, etc.
The second group they should individually target are money mgrs, insti mgrs, rich people, etc.
Twitter and fb are ok IF they are also doing the hard (but straight forward) work needed to actually sell product and gain investors.
My thoughts?
1. Why the struggle to get over about 4.10? Look at trailing multi year chart, the resistance should be minimal.
2. In today’s BLM environment, stock is crazy undervalued.
3. Once $4.10 falls today or tomorrow, it should be fast ride to $5. And $5 will fall fast and then we might finally start to rise.
4. I now like whoppers better than Big Macs.
5. Who sells shares on a day like today in this sort of stock? Strikes me as stupid.
6. $949.50 seemed like plenty for 4 new tires on my truck today.
7. Most renters are slobs.
8. VirTra needs to forget the tweeting and focus on contacting individual decision makers directly.
9. What was Antonio Ferris told to get him to agree to maybe part with his shares?
10. I pray the stock catches fire.
Unreal! Another day without a PR. This board might just get a bit nasty.
I am happy to entertain, that is what these boards are for....more or less.
The $35 was more me having fun with Axon readers elsewhere.
I waffle back and forth wrt whether I think VirTra gets taken out. If I had to bet, I would guess VirTra buys a bigger fish. My hope is a giant fish just buys them, in a hostile fashion if necessary.
What I do love doing with all my investments is try to figure out what each is really worth. VirTra is actually super simple in my opinion. Trailing PS of 5 which also equates to a forward PS of 1 or 2. These are higher than a month ago due to USA Floyd/blm. So, about $100mil or $14/share.
Axon announced a secondary of 3mil shares to raise roughly 290mil for company coffer!.....or is it? That would be about right to buy VirTra at $35 per share!
Lol...I’d like to say apples and oranges but you did pretty good so more like Fuji apples and Honeycrisps!
Yes many companies have a shelf on file. It does make good business sense to have one filed “just in case”.
However, there is no way you can find any other company that included all CEO and family members and BOD and CFO shares in the shelf. It has never been done before.
It is NOT common in a VirTra/ VTSI situation......tiny company, low stock price, sub-market valuation, insiders only own 9.x%.
Typically it happens with grossly overvalued companies whose Founder and or CEO own over 40%.
Very easy for any public company like Axon or WRTC or even a Meggit to justify a price of $20 right now. For Axon and WRTC the acquisition would be accretive at even $30 per share. Remember these companies trade at PS of 10 to 50. VirTra is at a little over 1.
And any PE group could buy this at $20 and have it look dirt cheap within 18 months. Even an avg sales team could generate annual sales of $100mil within two years. $500mil within 5 years. Company would be worth about $2billion at that point.
And even without all the BLM stuff, all the above would still be true.
His silence is unforgivable at this point.
WRTC, 1.2mil in sales and a $260mil Market Cap!
Even their Enterprise value is $230mil.
Come on VirTra, Step the Heck UP!
It is as if VirTra is hiding from the media.
They should be getting interviewed EVERYWHERE right now.
True and good point. Companies certainly have some flexibility but they do need to be careful.
It is really something how the police controversy is staying at the forefront of the media and protests. How can this not possibly help vault VirTra into the spotlight? I keep waiting for someone important (like Trump or Major news anchor or a few governors) to mention VirTra as an example. Why can't Ferris convince or strongarm to make this happen?
I will stick with my $17/share buyout.
That would require a SEC filing.
Well said IcelandRocks. Great moniker too!
But there are some reasons why now might just be THE time that VirTra and VTSI take off.
1. S3 with Ferris family shares suggests something might be brewing.
2. Nationwide discussion and awareness of police training.
3. Record high valuations for Axon and others. They need to make moves!
4. VR and AR have never been hotter.
But you are right. We have all heard it all before. Sigh.
Money is money so congrats.....but the quantities traded in the range you mentioned are pretty tiny. And VTSI is a tough day trade due to large spread and low volume in my opinion.
If you enjoy trading you should mess with sup or Rfp or pnnt or dht or many others. And perhaps you already do so.
Anyway I’m just happy you are making money!
OT...HH...Your post brought back a funny (for me) memory from my past. Back in about 2005/6 or so I was leading the Vektor development at Greenheck. In my formal annual review, my boss at the time called me a "rabble-rouser". He was probably right but it got him fired because at the time I was untouchable...and I knew it! About 5 years later it caught up with me and I got fired! Bigger more powerful fish chomped me and I never saw it coming.
I'm starting to like the bigger fish theme.
Put another way.....I want to know exactly what Antonio Ferris and Judy Henry were told to get them to agree to have their shares listed for possible sale in the S3.
There has got to be at least a dozen people that know exactly why insider shares are listed in the S3.
Can’t one of you chime in and tell us?
Your CEO reads this message board so perhaps you should also participate.
GregginAZ knows the answer to the S3 question.
That would be best thing ever for VirTra and Sims. Can you imagine the increase in training and de-escalation strategy and techniques if police did not carry guns! Even now, many of their situations during training have nothing to do with physical weapons. Look at Camden, NJ. Compare budget before they defunded to budget now. Too funny
Questions for which it would be nice to have answers:
1. Has it become easier for VirTra to sell product during the last two weeks due to more receptive customers?
2. Why are the Ferris family and Insider, BOD shares listed in the S-3?
The answer to #2 would obviously explain most everything to us.
3. It has now been 2+ weeks since the Floyd murder, why hasn't VirTra made some sort of formal statement?
4. What is the relationship between CEO Ferris and Twister?
5. Why was GregginAZ's most recent post almost 100% lies and misdirection?
#3 is a serious and important question.
#4, #5 are more like gossip-talk and who's dating who sort of stuff but still interesting.
Your 3 sentences perfectly articulate my fears.
If their technology was truly worth something then they would have annual sales far more than their current $10mil. Likewise, if they had good tech they would not be losing $25mil per year. It is a joke of a company and they have already stated bankruptcy is likely.
This sort of talk involving a company like mvis is terrifying to a Vtsi shareholder.