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Re: Knowledge is King post# 165318

Thursday, 02/19/2015 11:10:39 AM

Thursday, February 19, 2015 11:10:39 AM

Post# of 173803
SCKT not down too bad. Guess the strong broader market is providing some buoyancy to the earnings misses as well. Hard to believe SCKT is still trading above where it was in December...back when they had just posted that blockbuster Q3 and the outlook for 2015 was very bullish.

Now confidence has to be shaken after such a disappointing Q4. I listened to the SCKT CC this morning. Didn't hear much to get excited about. Said the weakness at the end of Q4 has continued into the beginning of Q1. So expect another poor showing in Q1. I wouldn't want to hold into that report. They're hoping to see some revenue growth in Q2 & Q3. So maybe there will be a time to jump back in. But not sure I get the appeal in the $2.30's.

Hopefully southacresdave will weigh in with his thoughts.

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