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Yes it does. OTC looks back for now I had sworn off of the OTC for awhile and was only doing stocks on the Big Boards
Dinooooooooooooooooo- welcome!
I use charts and go with the momentum; I do not care for long term relationships w/ stocks!
Agreed; major run taking place! Hard to beat the SS and PRs!
Go PACV
Insider Financial was down on this stock last week telling people not to buy (Crazy) and now down on them this week too.
Really stepping out on a ledge there; such an simple, easy prediction lol... Maybe we see .081 tomorrow and .083 the next day... too funny
Sometimes that's the best thing to do, walk away and just check it in the evenings! If I could get a bottle of Tabasco I'd go get some choripans (chorizo and bread) and pisco sours today but can't get into a store without a vax-card
Good to see you B. Bill. What's for lunch? Kimchee Submarine Sandwich?
I think so to over .10 today! Yesterday's Red Day was a gift; nothing out of the ordinary as far as the chart is considered & before the market opened I thought it could be a red day and was hoping for it because I knew I would have more money available today to add to my stash!
Hopeful for a run this week
NEWS:New Nationwide Distribution with Walmart Consumer Electronics!
New Karaoke Products to be Distributed in Approximately 3,200
Walmart Consumer Electronics Departments Nationwide
Fort Lauderdale, FL, May 17, 2022 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (OTCQX: SMDM) – the worldwide leader in consumer karaoke products today announced it is launching a new line of karaoke products to be nationally available in the consumer electronics departments of approximately 3,200 Walmart stores nationwide.
The Company announced it will be launching a total of eight new karaoke products into the consumer electronics department at approximately 3,200 Walmart locations nationwide, representing almost 90% of all Walmart stores in the United States. Starting this May, Singing Machine will have a dedicated 4-feet of shelf space within the department to showcase its new SingCast technology line of products and a new PitchLab streaming microphone designed for YouTube vloggers, gamers, and conference calls.
The new retail relationship marks a significant expansion for the Company’s distribution channels which already consist of distribution into Walmart Toy departments nationwide. The new Consumer Electronics distribution partnership will be incremental to the existing Walmart Toy department distribution, providing the Company with a new, expanded marketing opportunity for its industry leading product portfolio with the largest global retailer.
Gary Atkinson, CEO, commented, “We are thrilled with this new distribution announcement. We will now be featured in two of the most prominent and sought-after departments within Walmart stores – toys and electronics, which is unmatched in our industry.”
“This deal represents almost a year of planning and is potentially transformational to our business. The consumer electronics department of Walmart is the premier destination for all major electronics brands around the world. Walmart is extremely selective in the brands they choose to offer their shoppers and selecting Singing Machine is great validation that karaoke is still in strong demand and that Singing Machine can compete at the highest level with the biggest global brands,” Mr. Atkinson concluded.
The new 4-foot assortment will include suggested retail price points from $9.99 to $149 and include a wide range of karaoke machines, microphones, portable Bluetooth® microphones, and a new all-in-one podcasting, video blogging, gaming, and conference calls computer microphone featuring new proprietary PitchLab vocal processing technology which will provide pitch-correction and dazzling vocal effects.
Bernardo Melo, the Company’s Chief Revenue Officer, commented, “The consumer electronics department at Walmart offers the highest consumer foot traffic of any other comparable retailer and to have 4-feet of shelf space within the department allows us to provide a wide assortment of karaoke products and will give Singing Machine unprecedented exposure to millions of Americans around the country that may not have seen our karaoke products before. Additionally, electronics shopping purchases tend to have significantly higher average selling prices (ASPs) which allow us to provide higher quality features and functionality to our customers. We are grateful to Walmart for the opportunity.”
About The Singing Machine
Singing Machine® is the leading provider of karaoke products to consumers across the world. The Company offers the industry's widest line of at-home and in-car karaoke entertainment products, which allow consumers to find a machine that suits their needs and skill level. The Company’s products are sold in over 25,000 locations worldwide, including at well-known retailers such as Amazon, Costco, Sam’s Club, Target, and Walmart. As the most recognized brand in karaoke, Singing Machine products incorporate the latest technology and provide access to over 100,000 songs for streaming through its mobile app and select WiFi-capable products. To learn more, go to www.singingmachine.com.
Investor Relations Contact:
Brendan Hopkins
(407) 645-5295
investors@singingmachine.com
www.singingmachine.com
www.singingmachine.com/investors
Maybe this week. Crazy selling at these levels; can't be retail!
Maybe this week. Crazy selling at these levels; can't be retail!
That and the sustained volume; absolutely! ;
I saw Zamby's tweet today and Z seems pretty bullish on GHMP not that Zam controls the destiny of this stock. What has Zam got? 100K shares?
Nooooo, stay down so I can get more money into it Monday!
Exactly, who the hell is "zalmy"; sounds like an alias to me
$2000 bids & $2000 asks; pretty typical on a low float stock!
I think he's trying to get in cheaper; he couldn't have been serious
Good grief, who would have thunk it?
Quoting TD Jakes, "Get ready, get ready, get ready, get ready"!
Buckwheat say, "ECOX CEO Julia is Otey!"
MMs did their best to hold it back with that ASK size at .031 but they failed. Probably would have closed above .03 if they had not put that size @ .031; limited success in holding it back!
Power 20 minutes (not hour) last 10 minutes gave us a taste of the last 10 minutes of the market! I've got my popcorn ready
And just like that BOOM up 30% on less than 2 million volume! This will go big time!
Best looking chart from $.0001 - $20; that is where my scanner range is set and this is the best looking chart w/ the best SS and catalyst! Not an opinion FACT!!
GHMP - game changer
Yeah, definately going trips; I had to get out with a small loss. Chart set up looked nice w/ the PR coming but management / ownership took a chit all over their stock. RS is coming; I would not trust this management!
Nice buying volume here at the .0243 - .025; could be reversing I hope
Historic volume for this stock so I am hopeful this is the real deal...
Same; in @ .0258 Insider Financial was not too gung-ho on this stock for whatever weird reason; strange when they like the rest of us have been preaching low floaters! AND THIS ONE HAS 2 MERGERS!!!
Good to see you BB,
I have a feeling that there will be several InsiderFin disciples that could miss out on a monster mover here.
Did the merger not get completed yesterday? Thought that might be the case since no PR.....
Guess today's news was not the most exciting!
For a company with so much going for it; trades like a POS!
Back in yesterday & today after taking a small loss on KEGS a few months ago; 2nd times a charm!
In @ .0016 If they could manage a Press Release maybe it could do something
Catalyst?
I don't get the connection with SOS:
https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=SOS&insttype=Stock
Green Friday!
Anybody having technical issues w/ L2 on this stock? I'm using Think or Swim, L2 works fine with other stocks but not this one for me!
In @ .0091 today after taking a small loss on them last year; glad not to miss them on this time around on the correct side of the valley!
I got scared and sold both of my shares!
The horror.......
Yesterday was shocking/ Glad not to witness it.