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.
Tons of short covering at the close. It's become obvious those frivolous lawsuits are going nowhere. This flies up over $2/share very quickly.
And here we sit, firmly entrenched at fair value. If it was a bargain at this price certainly someone, anyone would pick it up. But no, it sits at my called fair value.
Ultraflix mentioned in the latest Costco Connection magazine. I get mine in the regular mail but you can also see the magazine online.
http://www.costcoconnection.com/connection/201506#pg22
The obvious reason for the extension, and the fact that management has purchased only 33% of their originally announced allotment, is that they, like any good investor, feel that it is more likely that they can buy shares at lower prices. If the current price (and lower, as it has been recently) was a bargain they would have purchased more than the mere 4710 shares (equivalent to only 10 days average volume) in the last five months. Again, they (like wise old Mr. Market) feel that the current price is fair but not undervalued. Their actions speak loudly - this stock can most definitely be purchased at lower prices than today's.
It's not a scam. But it IS fairly valued at $33 as I have said. And thereabouts it lies. If it were undervalued at this price buyers would have ran this up a long time ago. But there are none ... and here it lies. Fairly valued. Again, don't argue with Mr. Market. You'll lose all the time.
NVIDIA Launches the SHIELD with Android TV
"The SHIELD runs on Android so you get access to all the familiar apps you're use to, plus the likes of Netflix HD, YouTube, Pluto TV, and UltraFlix for some amazing 4K experiences."
http://www.overclockersclub.com/news/38774/
Please look at the article one more time, very closely, and I'm sure you'll find it this time.
The first high-end Android TV box ships today, rife with features including Ultraflix.
http://www.pcworld.com/article/2927517/nvidia...tures.html
Indeed Mr. Market knows. Even when it was at 39 it was not tradeable. You couldn't have secured that price when selling. The bid was at 33, my pegged fair value. And today of course says it all. Now trading a fair value. And tradeable at these prices.
Glad to see you've finally come around and agree with me.
$32.00 X $33.00
Yep, right at fair value, as I said.
No, the value should not change. The growth rate of certain segments of the business is not the only factor in determining fair market value. Their overall revenue is going to drop substantially. Remember, the $70/share price factored all that in. We now know what they've lost and the share price has come down accordingly. Of great concern, and big risk, with small companies like this, who count on just a couple or few clients for the bulk of their business, is the possibilty of losing more. I see booboobear thinks AmTrust could buy PFHO but have you considered the opposite? What if AFSI moved this business (now a whopping 19% of their total revenue) over to one or more of their recently acquired companies? I think it is precisely this concern that is holding the stock price down at these levels without bargain hunters coming in. The loss of AmTrust business would drive this down to levels I don't even want to think about. So, again, until all the dust settles and we see the future unfold a bit, I feel $30-33 is fair. Mr. Market feels the same way and is not being stupid about it. Mr. Market for the most part sees what others don't think about.
I just can’t figure it out! I can’t figure out who these mysterious manipulators are. You know, those meanies who keep driving down the stock price. Those really strong manipulators whose power to decrease the stock price is much more virulent than those who are trying to make it rise. I wondered why do they have so much power and I don’t. But it’s starting to don on me. Seeing that what ultimately causes a price to go up is buying and what causes a price to go down is selling, these manipulators must have way more shares than I do. But who? Who could it be who owns hundreds of millions of shares and is selling them at a much faster clip than any of us weaklings can buy? I just can’t figure that part out!
I just can’t figure it out! I can’t figure out who these mysterious manipulators are. You know, those meanies who keep driving down the stock price. Those really strong manipulators whose power to decrease the stock price is much more virulent than those who are trying to make it rise. I wondered why do they have so much power and I don’t. But it’s starting to don on me. Seeing that what ultimately causes a price to go up is buying and what causes a price to go down is selling, these manipulators must have way more shares than I do. But who? Who could it be who owns hundreds of millions of shares and is selling them at a much faster clip than any of us weaklings can buy? I just can’t figure that part out!
Well, not everyone is a rocket scientist. But us rock scientists understand what is really happening.
No manipulation going on here. NTEK selling hundreds of millions of shares just to stay afloat. I quote their CEO: "we have increased our Authorized shares from 740MM to 990MM ... in order to effectively operate our business plan." To meet contractual obligations, for new technology and product. Share price won't move up appreciably and sustainably until the massive dumping ceases.
To all who have corrected me, thank you. I see my error and acknowledge it. However, that being said, I still wouldn't consider the growth as booming, as it has decelerated. And I still wouldn't call what they lost a "sliver." It is substantial and will be hard to replace anytime soon. And, finally, I feel the stock price is fairly valued where it is right now and I believe Mr. Market feels the same way. It the recent move down was simply a knee jerk reaction to bad news by emotional sellers, bargain hunters would be stepping in, but they're not. Fairly priced 30-33. IMO.
It would appear fairly valued at $30. Quarterly rev and profit nearing what life will be like minus Companion and overflow. If you subtract it all out I come up with FY rev just over 7 mil. That's about 8% growth from FY13 rev. CRVL was growing 10-11% (rev, that is) but it too has slowed up considerably. CRVL has a PE of 24 but warrants a richer PE because of stability, reliability compared with PFHO. Q4 earnings were 0.58, a mere 13% increase from Q4 '13, and that still included a fraction of the business they're losing. Adding it all up, and considering conservatively 10% organic growth going forward (not any unpredictable and unreliable things like another company's overflow) I come up with FY '15 EPS of 1.80-2.00/sh, considerably lower than what they've just reported. With a fair PE of 18 I feel PFHO is worth $32-33/sh. My mind is fried looking at all the numbers so please correct me if I'm off anywhere.
Back under .02 after hours.
Last: 0.01825, Change: -0.00375 (-17.05%) after hours
I want to publicly apologize to ChitownMike for doubting his confirmation that AS has been increased. I'm sorry, Mike. I now, too, have confirmed that indeed AS has been increased. I was told they did this because it is necessary considering the major announcements they will be making during tomorrow's CC. They would elaborate no further but did indeed confirm that AS has been increased.
Well he did. So go call the SEC.
Again, anyone who says they can confirm AS raised to 990,000,000 is simply guessing. NTEK is not telling anyone that right now. We'll all know for sure during tomorrow's CC. Daniel Wong, Managing Director at Maximum Performance Advisors, Investor Relations to NTEK, advised me "All of the questions you may have regarding the share structure will be answered on Thursday’s conference call. You are welcome to call in or email any questions you have. There are going to be big deals announced and will explain the reasons." So there you all have it. Guess all you want but we'll know for sure tomorrow.
My point is ... you don't know. You can't use the word "factual" because you don't know. You only know what you see, and that appears to be incorrect. But you can't just attach a couple of zeros to it because that seems right to you. The fact is ... you don't know.
Factual? Only if your assumption proves correct. But what if the numbers that your eye actually sees is correct, and that nary a typo was made?
CC will state that an interest on NFLX part exists but that NTEK at this time is not accomodating, believing the future value warrants holding off now. But this should be comfort to the longs. IMO lows have been put in and this week changes perceptions greatly. Hold on longs, our time is coming.
Thursday CC to announce, among other things, NFLX interest in acquiring UltraFlix.
Must have been an analyst downgrade. But I see a great buying opportunity here. Just nibbled @ $51.25 and I'll buy more if it goes below that. Good luck to all.
Asking $50. Time to buy as the MACD (momentum) has turned positive, stock under accumulation. Can't stop the march towards $100 especially after the excellent earnings report coming out soon.
PFHO +2.45, +5.83% to $44.44
An excellent earnings report coming up. Fears of lost business overblown. Accumulating now.
PFHO +2.09, +5.24% to $41.99
Nothing can stop the inevitable uptrend to $100
Uh ... isn't 3 cents in the other direction?
The pain and bitterness of certain investors, who buy at the wrong time and are suffering losses, is obvious and oh so transparent.
Thank you, panicky sellers. Picked up more at $40. Tremendous buying opportunity for those who believe in the growth of this little company. As a famous investor once said - "...be fearful when others are greedy and greedy only when others are fearful." Strong buy here!
Couldn't have explained it better, Rawnoc. Growth may indeed moderate a bit in the short term but excellent growth nonetheless. Overall quite an impressive report. I believe PFHO is quite undervalued and expect a move to at least $60 to bring its multiples inline with its growth.
PFHO will be reporting Q3 earnings this week. I'm looking for $0.72 which would be another stellar report and growth of 71.4% over Q3 '13. Incidentally that would give them five consecutive quarters of 70%+ growth and would give them a current P/E of 19. Extremely undervalued in my opinion, especially for a company expecting similar or better growth in the coming year. I expect a pop in the stock price next week.
ROFLMA - nano bought @ $70, has huge losses, can only cry about it now. LOL.
A quick review of the DWC's (Division of Workers' Compensation) monthly MPN (Medical Provider Network) approval list shows that Medex and Medex-related MPN's garnered five (5) approvals last month. As expected, the majority (3) were in CA. However approvals in DE and TX or on the list. Only industry leader Sedgwick had as much. By comparison, Corvel only had one. Indeed PFHO is growing like a weed. More application approvals coming next month.
As I said, nano, your posts are always without substance. Trading irregularities? Are these your own perceived irregularities? Or actual "irregularities" that you can document or other allegations you can show the source of? If you have nothing of substance to contribute, you should just watch from the sidelines.
I called Medex and spoke with the Senior Account Executive, the one who these new positions will report to. Had a nice conversation. The skinny - these positions are not due to replacing recently lost or terminated employees. They have opened up due to a quickly growing and expanding need in the business. They'll be hiring more in the near future.
As did I. 100 more @ 42.50