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I own SOWG. There is some more research here: https://www.trickleresearch.com/sowgoodinc/ I also have the concern that freeze dried candy is faddish, but according to their results it is still on the rise and not played out. They did enrich themselves somewhat recently with options. They have had some successful businesses already from what I understand. This was just an idea they came up with during COVID. They say they built a company to freeze dry extra produce to get extra life out existing produce that gets thrown away. They were in the right place at the right time for this freeze dried candy explosion to catch fire. If you look at google trends the search term died down, but according their results the demand is not met yet.
You can meet their family on their first few videos on their Youtube channel and make your own assessment.
https://www.youtube.com/@sowgood5390/videos
These guys show all the gains in the market come from holding overnight.
https://www.quantifiedstrategies.com/overnight-trading/
So that would make day-trading a zero sum game.
Thanks gilead32, great quotes. I sold for now.
I bought some ZYXI on that news, but I got off the train around $9.50. They might still have more good news if they sell a piece of the company, but I'm not sure if it will happen.
Wow, what a reversal - market tanked almost 2% in 30 minutes.
I don't know, but my WAG is stock stays around where it is until the uplist happens. I don't think there is any cash in that SPAC, just a cheap and quick way to get on Nasdaq. Management already knew about this deal so they may have sandbagged the numbers the last quarter so they could ensure a good quarter near when they get to the Nasdaq. A company showing decent numbers on the Nasdaq I'm guessing gets a higher P/E than the current 4, maybe a 7? The $176M pro-forma number is just an application of a higher 14-15 P/E, which isn't that unreasonable, but still a make believe number they just pulled out of a hat (they probably need to pretend they found alot of value to protect themselves legally). So the value here is whatever P/E you think VASO can get on the Nas. I'm probably wrong.
Happy Thanksgiving!
VASO (0.2319) -27%. getting punished on lower revenue and income numbers.
The Unicorn singalong backpack on Amazon is selling well, has 4.5 stars. But notice the Panda backpack is half the price. So it's all about the attractiveness of the stuffed animal in the backpack. I think this bodes well for an Elmo singalong backpack. I don't know if Sesame Street will be ready in time for Christmas.
MICS. I think they'll likely have another poor quarter. But if they can get their Sesame Street line out for Christmas then they'll probably have a big quarter upcoming. This product is selling really well and with good reviews with a rainbow unicorn. https://www.amazon.com/Singing-Machine-Portable-Karaoke-Machine-Kids-Microphone/dp/B09M23NY5N
What kid isn't going to want the Elmo backpack that you sing into. When they were first selling their Carpool Karaoke it sold really well until the newness wore off. When I checked maybe a month ago at my Walmart they didn't have any Singing Machine Sesame Street products, and their section of the Walmart display wasn't well stocked, so I'm not sure when or if they will be sending out shipments, but I would guess this quarter won't be great. I listened to the conference call and the CEO made it sound like the retailers will be buying their products this year. I have no position.
GEODF, FWIW Mark Gomes knew this was going to be a stinker of a quarter beforehand, and said he likes it, but he thought the bad quarter was already priced in, apparently it wasn't.
ZYXI now looking to evaluate strategic alternatives.
I bought some PDEX off of your original alert. That backlog looks great. And they can stop spending money on preparations for the new building. Judging from that backlog, someone on the salesforce is able to sell . Also, if you look at their addressable market slide, they have a long pipeline of new products they can go after with basically the same technology repurposing for different body parts. I had been waiting for their buildout to be over. It seems stocks always slide during a capacity buildout. I got tired of SCIA at around $1 as they were building out capacity, before it went over $4. The interviewer on this call was awful and had no idea about the company. Earlier in June Stock Day podcast Van Kirk was saying they had new products launching soon, and I don't think any have launched yet. In their 10K it says the ENT shaver should be launched soon 4Q 2023. With the prototyping they do for customers, I think they have some paid-for R&D.
There is a ~50 year cycle in interests rates historically, so I would think that interest rates continue on up slowly for a long time.
https://cyclesresearchinstitute.wordpress.com/2011/05/24/kondratieff-cycles-and-long-term-interest-rates/
I think that makes sense. My guess is also because the backlog has come down, that's what gives me pause. So those who invested in the large rising backlog, don't have a reason to own it anymore.
AATC I still have most of mine but I decided to take all my profits at least. I was just looking for a good place to put some cash. It has outperformed my expectations.
Still holding here.
I just checked again. It looks like have my transaction history from July 2019 until now. And at least 10 years of the type of statements that would get mailed to you.
My Atrade account got moved to Schwab already. I'd guess the issues derive from the Schwab transition.
Ya, looks like PCSV had a great quarter. I had asked the company what they thought the size of the opportunity was in March and Bledsoe said that there are 850+ JROTC sites. Each one could potentially use their program. They will ask for referrals to the other sites when the first ones are looking successful. He says the Army has 1,700 sites, the Navy has 650 sites, and the Marines have 250 sites. https://sgp.fas.org/crs/natsec/IF11313.pdf
So the opportunity is large if they get some traction. But I don't think they know how successful they will be in growing past the programs they are in already, they are just trying to delight their customers. I noticed they haven't discussed the size of the opportunity in their press releases, probably because they don't want to set expectations too high, and really don't know how successful they will be in expanding.
Russell 2000 trades are prearranged in advance by mutual funds that must track them according to Mark Gomes. ASRT also included also had a recent drop.
I don't know what it means. I've never heard that language before.
I would have guessed they could be buying more inventory as a just in case, but I don't see how going from high inventory to low inventory would hurt gross margins. I would think the opposite.
I saw that their inventory was rising the last few years. Maybe they were not selling their inventory unless they got a good margin on it, worried that if they sold the inventory, then they couldn't buy new inventory because of supply chain shortages. Now that the supply chain shortages seem to be improving they want to sell their higher levels of inventory down, but they won't be getting great margins on those sales because they are selling alot into the market.
The stock looked like it was in a continuation pattern, nice to see it break out today.
VTSI quarter looks good revs up 48% 0.27 eps
https://finance.yahoo.com/news/virtra-reports-first-quarter-2023-200500327.html
Uplisting happening tomorrow.
TPCS +0.52 to 7.50 announces uplist to Nasdaq
https://finance.yahoo.com/news/techprecision-announces-uplisting-nasdaq-capital-123000719.html
Fear and Greed index slightly above neutral in greed territory.
https://www.cnn.com/markets/fear-and-greed
Congrats on another win, KiK!
A few quotes from the call from Dan Peisert
"We believe we can certainly accelerate the path to profitability, and possibly accelerate the trajectory to a broader reach than what the in-person team has been able to do to date to drive awareness to physicians as well as to purchasing managers."
"... should enhance our access to the capital markets at a lower cost of capital than either company had on a standalone basis and accelerate our future M&A strategies so we can leverage both our platforms with complementary assets..."
"...but the synergies will come largely from the contracting and the access teams that will be a tremendous benefit to rest of the Assertio portfolio"
Dan Peisert also noted that this accelerate their plans and be highly accretive in 2024 and that this is a blockbuster product. There was some mention of 600+ clinics that Spectrum had access to whereas ASRT had access to 2000+ clinics. So the Spectrum product will get advertised more broadly than before, ASRT will probably get access to new clinics and relationships with their non-contact platform.
The ASRT purchase conference call
https://events.q4inc.com/attendee/994427686/guest?t=1682444171300
That's what I started doing, because my accountant asked me to.
Sesame street toys
I can definitely see this helping the company out. Sesame street is an evergreen brand. They will probably make a singalong Elmo backpack or something. They did very well with their carpool karaoke licensing. I'd imagine this partner works out better. They seem on the verge of more dilution though.
https://finance.yahoo.com/news/singing-machine-launch-sesame-street-120000794.html
I also own VTSI, but did not add. Backlog continues to rise.
PCSV had a nice update
Now debt free. Just received payment for 2nd half of JROTC order, so retired all company debt - that ensures a good upcoming quarter. Also said there was demand for JROTC second order. Selected for Iowa Governor’s STEM Advisory Council for their Scale-Up Program and has inventory on-hand to fulfill the order.
https://finance.yahoo.com/news/pcs-edventures-provides-operational-100000801.html
TPCS is in the process of trying to uplist to Nasdaq. It completed it's reverse stock split and could be uplisted any day.
What is the rationale for when you short the S&P and when you short the QQQ?
ZYXI +1.50 11.03
2morrowsGains, looks like you added at a good time
https://finance.yahoo.com/news/zynex-announces-2022-fourth-quarter-120000172.html
ASRT +.98 6.94 on good guidance and medical group guidance that says their top product Indocin should be used for all cases instead of just acute cases, expanding their market 3x for the product.
I didn't see this coming. They had great real estate at Walmart this season. I did often see out of stock in various products like the party machine microphone, but expected that if Walmart had given them that space, then Walmart would also have bought enough product to stock in advance.