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Is the run done? What will the Q4 numbers look like? Current PS is 3.7, rather rich imo. A little over 2months ago this was a $4.x dollar stock. Nothin is ever easy.
Over the last approx 2 years premarket activity has become meaningless even when there is volume. I wish I understood why.
Big volume, 12.20+ close?….today could be it!
Volume still seems very elevated and strong to me, Friday was 150k shares. 110k equates to 1% of the 11mil outstanding shares. I always figure 1% is very healthy and we are well above. And the tradeable float is likely about 8 or 9million shares.
I will breath a big sigh of relief if it can power through and close above 12.2ish on volume.
Two Nile was supposed to be twinkle
In my opinion you are wrong. I say that with a two Nile in my eye. The stock first spiked a day or two after that good earnings report. Then that night the 3mil share secondary was announced.
Order of events in my opinion:
1. Good report.
2. Same day, Phone calls from VirTra to the 3 secondary buyers to confirm their interest and willingness and state the timing as eminent.
4. Next day stock spikes to 13+ premarket on extraordinary volume.
5. Secondary buyers short over 1mil shares each, likely total of 4mil shares, well over $10.
6. That night secondary is executed at $6 and the short positions are covered and the 3 buyers made all their money.
7. Over the next month all 3 secondary buyers sell any excess shares and are gone.
8. Stock trends up in anticipation of more good quarters ahead.
9. Down she goes as a lumpy one becomes evident.
We each have our opinions, perhaps yours is the correct one. 2021 will not matter if VTSI can push through and close above 12.20.
It briefly hit $12.19 on about Oct 11, 2021. The base of the chart leading up to that peak in 2021 looks better than the base leading up to todays peak, however, the look and volume of the current peak is far better and more secure than the 2021 peak. The company itself and its performance and CEO is also better now than then.
I still completely disagree that IVAS and Military prospects had anything to do with the 2021 spike. I also think the current run up has nothing to do with IVAS/military.
I do think this run will last and is due mostly to Axon’s entry into the space. Because of Axon, VirTras products will become mainstream and widely adopted.
I have enough shares to matter for me but a lot less than at my peak. It is still a top ten stock holding for me, likely about #7 or #8.
Although you didn’t direct the question to me, here is my guess:
Today or at any time in next couple years it could be had for 6x revenue or about 20x Ev/ebitda.
Today that would be $25/share.
If they continue to execute well and grow I think the 6x revenue remains a reasonable guess.
Luckily for this scenario, insiders have no control since they own so few shares. If someone wants VirTra and they go public or hostile it will happen.
So sorry about your dog, very tough. Our dog of 13+ years died Nov 1st, about the saddest I ever felt.
The sales were not option related as that would have been stated on the filings. He also does not have a sell plan filed with the SEC as that would have to be disclosed.
I suspect (hope) your third paragraph is correct. Simply needed the money for something.
I watched the CEO video today and bought some shares! Like it a lot.
Just some random thoughts….
1. Without the total 1 for 20 splits, current stock price would be 55cents.
2. If it doesn’t plow through $12, down she goes.
3. If it does go through $12, it could double or triple in short order.
4. Why the freak did Ferris sell shares recently?
5. If it’s above the current price heading into late March Q4 report it will be tough for me to hold through the report as I still fear a leftover Ferris lumpy quarter.
6. Relative to Axon and Wrap, VirTra is still undervalued.
7. Relative to most tiny public companies VirTra is way overvalued now.
8. What if they announce a big Military contract? Gonna go up a ton.
9. Sure wish a couple insiders would buy at this level.
What you just described are real orders. There was a contract between you and the seller and money was exchanged.
Is their backlog big enough to support growth? It seems light compared to their revenue. But I have no feel for this one yet other than the TTM numbers look very good.
“Preorders” is a funny word. Absolutely meaningless. Sort of like when a company says we have a bazillion dollars in active quotes. Also meaningless. I wonder if they get prerevenue or preprofit from a preorder? Maybe the numbers will be reported as preGAAP? Me thinks it is all a bit premature.
Superior Industries, they are one of the biggest makers of aluminum wheels for cars and trucks. NYSE.
I’m still here! Broke through once, but only 2 foot deep and I was close to shore. Sorta sucks that the ice is so crappy.
I still own a decent number of Vtsi shares but have sold some this week. I wonder if there will be some profit taking after Jan 1st?
It has been a fun market lately for small company stocks. Been buying Bdn, Hrtg, Bbgi, Cmls, Sup, Qipt, Gfgsf, Cato. Sup is my biggest holding, I would be buying that too but own too much. Ncsm is a great great buy but trading volume is nil. Enterprise value is zero! Crazy.
Yes, massive insider buy a few days ago and they are getting $5mil from empress deal.
I always forget to check this board. Yes I have been buying lots of shares. Even bought a few today. More great drill results. Looking to me like 2026 will be the year this gets sold.
And another thing - if Givens was functioning on all cylinders he would have had the company buy back the shares from Ferris and prompty retire those shares. If this is going to be a constant drip drip from Ferris, Givens needs to put an end to it.
Well said! The only positive for me is that I know the shares he sold are in smarter hands.
So Ferris selling 18000 of his 285000 shares is more important than the knowledge that BISim and VirTra are intimate. I just bought a lot more shares.
So Ferris selling 18000 of his 285000 shares is more important than the knowledge that BISim and VirTra are intimate. I just bought a lot more shares.
Crazy. Last nights PR was the most important in the history of the company (because of the now disclosed BISim relationship)….and the stock has not reacted? Crazy. I thought it would be pushing $12 on todays open.
Stupid me…just realized VBS is a BISim product.
WTF?…Why is a BISim guy quoted in a VirTra press release? See the PR just issued. I know that is where Givens came from but it still seems bizarre to me. Is it a tell that BISim will be buying VirTra soon?
I was hunting elk off grid out in MT otherwise would have replied sooner. To be fair, I have seen executives at other public companies make the same mistake. It is as if they do not believe in their own abilities. Good to see you posting again.
What the hey is wrong with that man? The company is finally, after 20+ years, on the verge of greatness and he sells a chunk of shares at fundamental valuation ratios that are the lowest (cheapest) they have ever been.
Compare PS, PE, Ev/ebitda, PB, etc. now verses at any time prior and the company is cheap now verses then…..and the brilliant COB can’t wait to pull the trigger to sell. This has got to irritate our CEO. Smoldering mad I would guess.
The one thing I would love to know is this: In the recently announced Q3, how much of the reported revenue was from orders received after July 1st and shipped before September 30th?
One can infer a guess based on reported backlog numbers but no way to know for sure.
I can’t believe these idiots issued the 8k a half hour before the market closed. What a low class move.
That said I am very happy with the numbers and what was said in the PR.
I did not like the content of the PR naming new sales guy Tony. I hate that he sold medical stuff since that is same as Mulcahy. I hate the talk about process and team building. Why not name the 3 little companies and their revenue numbers under Tony? Also am disappointed they went with an old guy rather than a hard charging driven 40 yr old.
I hope he is the right guy but I sorta doubt it.
Stock is a strong buy right now.
Last years Q3 was $4.9mil and a loss of almost $1mil.
Wow, you have suffered even longer than most of us. VirTra does check many boxes but until they acknowledge and believe and act like the Sales Org is the most import Group within their (and all) company, the most important box remains unchecked.
I was never a Muppets fan so I don’t know if I should feel insulted or complimented. I was sure happy to see your post though as I figured only two of us still owned shares….and then I wondered if that meant I owned 50% of this mess. Thank heavens I don’t!
Since no one here seems excited by this mornings PR, it must really be a nothing thing. No reaction from investors either.
Exactly.
Is this a product they could ship tomorrow?
Is it already in the hands of some customers?
Will it contribute meaningful revenue in Q4 or next year or five years from now?
Who is physically assembling the headsets?
The new product looks significant but the PR somehow makes it sound like a nothing burger. Is there $10 or $20mil of preorders? Why no endorsements by some big time police depts? No mention of application to military? I admit I am confused. Is this a big deal or simply a me too product so they can say….we got that too?
Where is the PR?