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BSQR - Sounds like they are even thinking about putting themselves up for sale. This was a quote from the CEO in the last earnings PR:
RCMT - The cc is 11:30 est this morning.
RCMT - I picked up some shares in the 14s this morning. I think the selloff is way overdone, also. It seems like it has done this before after a not-too-bad earnings report.
TAST - If nothing else, these guys have a way with words, since they have "The Royal Reset and The Reclaim the Flame initiatives going on! That's got to be worth at least 50 cents a share right off the top!
Regional banks - I was able to pick up a good number of positions and add to some, but not much as of late with the market rising and a lot of companies probably in a blackout period around earnings.
I decided to throw out the last stipulation regarding only purchasing more upon seeing more insider purchases if I can buy for less than my average price. I believe if the first four stipulations are met then that is more than enough reason to buy more.
LTCH - Going to the otc expert market. Ouch!
SGMA - I've been letting some go, but still holding some.
MNDO - I picked up a little more for my IRA this morning on the report. This one doesn't seem to get a lot of respect, but I don't mind holding onto stuff like this and waiting for something to eventually move the price. Plus there's that fat annual dividend you mentioned.
Capital idea, Nelson! (eom)
EFSH - Just found out that this one generated a K-1. Ugh.
NDAQ - The months on the left side of the Revenue/EPS page on Nasdaq.com are still screwed up after all this time. I left a voicemail with the company a long time ago regarding this. I actually own a little NDAQ now, so I put a call in to the investor relations person this morning, and I'm waiting to get a call back. I'm going to tell her or him (can't tell by the name) that it's making the company look like it is staffed by a bunch of incompetent bozos!
SCX - No, I have been out for quite some time.
Amazing how much money a person can make by sitting on their hands.
VIRC - I just placed a market order for VIRC and it went right through in an Ameritrade IRA account. I already owned some in the account.
SPCB - Good to know, Nelson. Already down 12 cents this morning. I'm not holding any luckily. Looking a little deeper, I see they have negative tangible book value, over $32M of long term debt, and an accumulated deficit of $105M. Yikes!
I currently have my money invested in less risky ventures like the women's world cup futures!
SPCB - Looks like they're moving in the right direction. If you throw out the currency loss and non-cash or one-time expenses (which didn't show up in last year's quarter) they are getting pretty close to gaap profitability. I'm on the fence as this one has been a serial disappointer.
I can't blame you. Shorting is risky and potentially dangerous as hell. Doubters should read this story:
https://www.businessinsider.com/joe-campbell-gofundme-page-for-e-trade-2015-11
SILC - I covered all between 29 and 32. They have a habit of putting an 8-k out before the press release goes live, so definitely advantageous if you see the 8-k when it goes out.
SILC - Shorted some at $38.2. Guidance looks ugly. (eom)
VIRC - Thanks for the additional info, gilead. I've followed this one loosely for years. They seem to be in a good spot right now.
Fifty bucks per article! Plus more for page views! And I don't even have a wife to do any confiscating. I'm in the wrong business.
INBK - I think what really caught my eye from your initial post was the extreme discount to tangible book value. Tangible book is currently at $39.85 per share. Analysts are calling for $2.43 in eps next year fwiw. I'm going to heed your warning regarding the earnings, and put a trailing stop under what I have left. Great call from the 12s!
INBK $22.75 + $1.59 - Nice pick in the 12s, SSKILLZ1.
VIRC - Also a bullish SA article out last night. The author's name sounds very familiar. I know I've seen it somewhere before.
https://seekingalpha.com/article/4620779-virco-dirt-cheap-and-at-an-inflection-point
SGMA - A bullish article appeared on SA this morning. Haven't read it yet.
https://seekingalpha.com/article/4619439-sigmatron-goodbye-pet-tech-biz-hello-30-million-ebitda
SGMA - What a monster run from the low 2s in April!
SGMA - If you go back to May 4 on this board, you can find quite a few posts discussing this issue. I was wondering the same thing at the time.
UUU - Nice find. The plot thickens. It's definitely a positive not having to make that 100k monthly payment. It won't be long until the Q1 numbers are out; although, they are usually a little late. It seems like someone has been accumulating.
UUU - Good point on the backlog. This from a prior 10-K:
Our backlog of orders as of March 31, 2020 was approximately $507,000. Our backlog as of March 31, 2019 was approximately $748,000
Still not sure how things are going to play out going forward.
That's why he's the king! Going the extra mile definitely pays dividends in this business.
UUU - Missed that in the 10-K. Didn't even realize that they reported a backlog, probably because they only report it on an annual basis. It would be nice to have quarterly numbers to get a better feel for how things are going.
UUU - Nice report. Saw this tidbit in the 10-K:
jtomm, that's definitely a worse situation. That's enough to give anyone a heart attack! In addition, I'm sure you couldn't buy anything in that account with a half million in negative equity!
I was thinking the same thing: I wouldn't want to be the guy missing the securities.
Ameritrade - Some weird stuff is going on. A couple days ago I noticed that an account balance had gone up by around $300k. I looked at my positions page and saw a bunch of blue chips among my holdings. The positions were transferred into the account from who knows where. I called them and they said they would take care of it. As of today the positions are still in the account. I called my local rep this morning and haven't received a call back. I saw a data breach occurred at Ameritrade recently. This isn't exactly filling me with confidence.
I learned a long time ago that I have as much chance of figuring out the short-term direction of the market as I have of figuring out women.
AULT - Their 1.18M share float is helping their cause. Of course that is because in May they had a 1 for 300 reverse split. Yesterday the stock was hitting new 52-week lows.
NE - Well, munch down, littlejohn. Worst thing that could happen is a little indigestion!
NE, another driller, just notched a new 52-week high. It's interesting watching them all run together or slide together. I watch the new highs and lows ticker quite frequently, and I've noticed a lot of airlines and bitcoin related stuff hitting the highs list lately.
SDPI starting to get noticed. Broke out to a 52-week high today. Drillers DO and RIG also recently hitting 52-week highs.
UUU - I'm still holding some shares, too. This low-floater can take off at any time. There is also that $300k tariff refund that they think will hit in Q4 or the next quarter.
RIDE - That's a shame. I am sure a lot of people got caught up in the EV hype and lost a lot of money here.
As a general rule, if investors would only buy stock in companies that are profitable, they would do a whole lot better in my humble opinion.