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.
TSSI had a nice report Thurs after the bell. Stock has doubled from .30's to .60's in the past few weeks. But they're an AI play now? I can see AI hype driving this one up over $1. Or maybe there will be some profit taking after the recent run. Picked up a tiny amount this morning for fun. Would add more on a pullback.
https://finance.yahoo.com/news/tss-inc-reports-fourth-quarter-200000663.html
Good instincts on SGRP. They posted a favorable Q4 earnings comp this morning. Looks like Q4 boosted by some 1-timers, but stock still flying premarket on volume. Up over 60% at one point! Congrats to those holding.
https://finance.yahoo.com/news/spar-group-inc-reports-fourth-120000830.html
Maybe so on DRX/ADFJF. I've still got plenty so want it to keep moving higher. But if ANY stock I own goes up 15% in 3 days on no news, I'm selling some. To each their own.
If you've had a large DRX position since 2019...the stock spent most of that time languishing around $2 & below...until mid 2023. Must have been a frustrating hold watching DRX do nothing for years while the broader market soared, including the meme stock frenzy. So with the stock finally rocketing from $2 to $10 since last summer, you should be thrilled to take some profits.
Nice rebound on ADFJF this week. Up a quick 15% since Monday. I'm trimming a few. Just to guarantee a blowout earnings report next month :)
TAYD doing better than I expected today. Considering the stock had already doubled in recent months...and the 15% sequential slide in backlog.
TAYD high of $52 so far today. In hindsight, a nice scalp at the $45 open. Oh well. I'm not touching it up here. Earnings & balance sheet are great, but seems plenty fairly valued with the sequential backlog dip. Stock does have plenty of momo...and this market loves momo.
BOSC comment might bode well for ELTK upcoming Q1 results?
Here's a quote from the BOSC CEO in their earnings report this morning-
"The fourth quarter results of 2023 were weak as compared to those of the fourth quarter of 2022 due to the war that started in October 2023. However, during the first quarter of 2024, the business environment in Israel has begun to recover. In addition, most of our business is linked to the Israeli defense market that has been showing increased demand."
https://finance.yahoo.com/news/bos-reports-financial-results-fourth-123000023.html
Yeah no clue how TAYD management convinced that guy to sell a block of shares so cheap. He must be sick watching the stock hit new highs in the upper $40's. I'm not chasing up here, but TAYD still isn't expensive. Backlog was down some sequentially though.
Looks like AMS proton center in Orlando had a fantastic Q4. Seems to fluctuate each quarter though. And unfortunately the gamma knife biz continues to struggle. They seem to win new business, but then lose other customers. While spending money to do expensive reloads. Just seems like this segment will tread water (at best) for a long time, as it has done for many years now. The new acquisition(s) sound more promising. Will check out the CC later today.
https://finance.yahoo.com/news/american-shared-hospital-services-reports-211200714.html
Another impressive quarter for TAYD
https://finance.yahoo.com/news/taylor-devices-announces-third-quarter-122700294.html
Hope it works out on IART. I looked at it for 5 minutes, and that was enough. There's 12 analysts covering it and the company has a market cap of nearly $3 Billion. Not exactly an unknown microcap. Yet the stock still trades at such a 'bargain' price? All these analysts know more about IART (new competition etc) than I ever will. And they don't seem to share your rosy forecast of the stock rising to the $60's & $70's. Instead the stock made a leg lower after the last earnings report a few weeks ago. Even though we're closer to the big 2025 earnings rebound. Maybe the analysts covering IART are wrong and you're right. But that's not a game I want to play. Good luck!
Good luck on IART. Numbers will be down for Q1. They're expecting adjusted earnings of $3.15-3.25 for 2024 vs $3.10 last year, on 4-5% revenue growth. And that's if things go well. Stock seems fairly priced to me in the mid $30's. If earnings rebound nicely in 2025, the stock will move higher. But that's a long way away...
We'll see on ELTK. That insider isn't selling now, so I don't think a major deal. Maybe we don't know as much as him. But we also don't know as much as the investors who bought the offering at $16/share last month.
The annual filing yesterday revealed the backlog. Not a huge increase from the prior year. But very solid considering the backlog was $10M a couple years ago.
Our backlog at December 31, 2023 was approximately $18.1 million compared to a backlog of approximately $16.8 million at December 31, 2022. We include in our backlog all purchase orders scheduled for delivery within the next 12 months.
With the markets ripping higher yet again...and wade now out...I rebought some ELTK today.
Agreed on AATC. Q4 was quite disappointing. But that dividend yield looks very attractive with the stock in the $5's. Just tough to know if the numbers will rebound in Q1...or maybe come in even lower.
I was actually thinking the ugly DRCT Q4 might help show it's not a scam. Because if you were going to create some fictitious Q4 financial results, it sure wouldn't be those!
Ouch on DRCT! Certainly wasn't expecting them to post a Q4 loss (guess that earnings delay last week WAS a bad sign). What were buyers in the $30's thinking. Stock is crashing to the $15's in AH trading...and still looks overpriced.
https://finance.yahoo.com/news/direct-digital-holdings-reports-q4-200100135.html
I was happy to bail on AATC over $7 last week, after the lousy Q4. Will be interesting to see the Q1 report. Maybe Q4 was a one-off and royalty revenues will rebound sharply...back to where they were in Q2 & Q3. But I have my doubts. Q1 is seasonally a bit weaker too. No clue what they were thinking paying that huge special dividend last month, after Q4 stunk.
ELTK went from $10 to over $12. So a 20% rally off the lows. Nothing wrong with taking some profits! Hopefully it keeps climbing, but could just as easily see another dip to the $10's. There were plenty of valid concerns posted to this board...boring sector, Israeli company, tough comps this year, etc.
With you on DRX.TO/ADFJF. This was an excellent find by gilead awhile back. I think the recent slide is a healthy pullback after a big run. And a great opportunity to accumulate ahead of what should be a terrific earnings report in a few weeks. But ya never know. Maybe the recent sellers know something. I was confident AATC would report another strong quarter, especially after announcing that large special dividend in January. But then their Q4 numbers last week were surprisingly weak.
IDN up another 28% today?!? High of $4.25. More than a double since Friday morning. And there were a ton of shares available in the low $2's. I sure don't understand the huge rally with the weaker Q1 revenue guidance on the CC.
Thanks for the MITQ info. Def has some hair, as you'd expect with any stock at this price. Couple of points though...they warned us last quarter would be terrible. Because of the Hollywood strike last year. Sounds like that negative impact may drag on for another quarter or 2. Also there's a lot of seasonality on this one. They have 2 stronger quarters, and 2 weaker. Check out the results from fiscal Q1 to get a sense of what they're capable of in their better quarters.
I'm tempted to buy below .50. Stock is trading near cash value & they've got a low float. But just don't see a rush. They don't put out many PRs unfortunately. So next thing will likely be the fiscal Q3 report in May...and it doesn't sound like that's gonna be anything great (it's their other seasonally weak quarter too). MITQ could also face delisting later this year unless they do a reverse split. And maybe that won't even save them.
Not sure why the MITQ downdraft today on volume. Looks like a frustrated holder may have bailed. Can't say I blame em. Last quarter stunk and I don't know if the fiscal Q3 report in May will be much better. Hopefully there's an upturn after that. But they may need a reverse split to keep their listing. Probably a low float spike on MITQ at some point...but who knows when...and from what price.
CCEL jumping 15% on that news to a new 52-week high. Congrats for holding onto this one!
NSYS making another leg higher to the $14's. New 52-week high so momo players may keep chasing it higher in this red hot market. But I took the quick gain from yesterday. Guessing those unusually strong Q4 gross margins drop back in Q1.
Added a few more HHS. Although don't like seeing those large blocks on the ask. HHS should have a series of favorable bottom line comps coming up. Hoping to see some .20-.30/share quarters (excluding 1-times). Think the stock will move up nicely from the $7's if that happens.
Good luck on SOWG. Who knows in this market. IDN also caught my eye after what looked like a nice Q4. But after reading the CC transcript, they're expecting revenues to drop back to $4.3M-$4.4M in Q1. So I passed. Stock opened at $2.05 this morning. And has already hit the $2.90's. Dang
https://finance.yahoo.com/news/intellicheck-announces-fourth-quarter-full-200500247.html
SOWG report caught my eye too. This company looks pretty scammy though? Crazy high growth, no big increase in SG&A with the hyper growth, 35% gross margins (on candy?), manufacturing partnerships in China & Colombia, etc. Maybe it works out but I'm staying away. Reminds me of the China scams of a decade ago.
AATC had a surprisingly poor Q4. Royalty revenues dropped down quite a bit compared to recent quarters. If they'd paid taxes instead of getting a tax benefit, Q4 earnings would have been .10/share or so. I remember saying these guys would have to be idiots to announce that huge 1-time special dividend in January after an anemic Q4. Well...
Good news is the stock is still hanging around $7. I thought it would be down more. Buoyant market helping. As is the hefty dividend yield. But if .10/share is now the norm for quarterly earnings, I'm guessing the stock will re-rate lower as they run into tough comps.
https://finance.yahoo.com/news/autoscope-technologies-corporation-announces-financial-201000237.html
Nice buy on SMCI. Low in the $850's yesterday. High in the $990's today!
Interesting drama on MLR. Company has performed beautifully for many quarters now. And the stock price has responded, especially the last couple of months. People are whining about a stock price that's only up 50% in the past year?? Markets sure are frothy...
Nice to see ELTK getting off the mat. Up a quick 15% from the lows of a few days ago. I bought too many in the $10's so am trimming some. Hopefully just enough to send it to the $12's :)
FEIM now in the $11's ha. I'm happy to keep selling. Apparently the ugly earnings report last week was good news! This market has lost its mind...
Actually on NSYS, those big Q4 margins might be sustainable. Someone asked about it on the CC yest. And the answer from management seems to be maybe? I still have my doubts. But picked up a tiny position around $13 for fun. Just in case the low float maniacs send this one a few bucks higher.
Unidentified Analyst
This may be a question for Andrew or Jay jump in. But, looking at the gross margin, if I'm reading that correctly, I'm seeing there's a 300 basis point improvement over the last quarter. And I see generally your operating expenses have been well controlled. Could you comment on what drove, if that's correct, what drove and what's been driving you mentioned last quarter you were expecting improved gross margins. Is there something happening there?
Andrew LaFrence
Yes. It's a really good question, Thor.
A combination of things that really drove it. One is just an increase of revenue covering our fixed cost structure was helpful. As we did note in earlier calls, we have been really hyper-focused on costs and also customer relationships and making sure that, we are sending those costs back to customers when we've had supply costs. I think it's a combination of us getting in front of some historical cost curves.
But as importantly, understanding the leverage of the business, especially a couple of years out here from some consolidation of our plants. It really just was everybody was operating well. We had a minor mix improvement as well in the fourth quarter, but the team, John Lindeen's team just operated very, very well and executed.
Unidentified Analyst
And do you think that's sustainable? I mean, you've been doing a path here, but is that continuous?
Andrew LaFrence
Jay had a very important concept here is that, since he's been here, there's been continuous improvement in terms of the stability of the balance sheet and the performance metrics. One of the things that's really become important for us is our ability to manage this business. We will continue to look for opportunities to expand the margin.
We are -- as you well know, also the other side of the curve here, where we are starting to see some limited cases of deflation and some of our costs, but we'll keep in front of those, make sure we manage our customer relationships so that, we can eventually continue to drive more volume through the facilities, which is really the key to drive those margins up.
Ok on FEIM. But I sure thought things looked better a week ago going into earnings, with the stock at the same price. Now we know management isn't good at forecasting. Why the heck was he talking UP margins on the last call. Only to deliver an ugly Q3 bottom line. Even excluding the charge...revenues ticked a little higher sequentially, earnings would have ticked a little lower. Not exactly setting the world on fire. Again after management was on the prior call talking about hitting the ground running on those large contracts. Didn't happen. Maybe they'll get their act together in Q4. We'll find out in July. I'm happy to keep selling into this strength. Wish I'd bought heavy on the AH selloff to the $8's!
Looks like DRCT now halted down 17%? Not sure if there's a hit piece out or something. I thought the earnings delay was bad news. But that's in a normal market...
Wow nice recovery on FEIM. Hit the $10.70's this morning. All the way back to where it was trading a week ago...before the terrible earnings. Gotta love this market!
DRCT postpones their earnings report. From tomorrow til next Tuesday. They need more time to complete the audit? Uhhh doesn't exactly help the sketchy nature of this one. Not that it'll matter in this bubbly market.
https://finance.yahoo.com/news/direct-digital-holdings-announces-rescheduling-200100446.html
Yeah heck of a Q4 for NSYS! I was tempted to rebuy a few in the $10's ahead of earnings after it had dropped back from $12+ recently, as they had an easy bottom line comp in Q4. Now wish I had. Certainly wasn't expecting such a huge quarter. Q4 gross margins look unusually high. Maybe there's a 1-timer in there. And obviously the tax benefit. NSYS has some very lumpy quarters. Also saw the total backlog dropped sequentially by over $10M. So that's not great. But this low floater will get a nice pop tomorrow. I don't really wanna chase, but might be worth a scalp in this hot market.
https://finance.yahoo.com/news/nortech-systems-reports-fourth-quarter-204100536.html
SMCI down in the $860's. Anyone dare? Prob runs back over $1,000 before the AI bubble pops.
ADFJF pulling back. From that high in the mid $7's a couple weeks ago...to down near $6. Guessing just a healthy pullback after a great run. I don't see any news? Steel prices have been dropping lately, but that should be a positive for ADFJF.
I've been rebuying some shares on the dip. ADFJF seems like an attractive hold into earnings next month. Should post excellent Q4/annual comps, although it looks like they only give annual numbers. A strong report could send this one to new highs imo
SIGA rocket ride continues. Nobody on board? From the $4's to the $8's in a little over a week! After posting a quarter we knew would be huge. Dang