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Re: Traderfan post# 22886

Thursday, 07/28/2016 11:04:13 AM

Thursday, July 28, 2016 11:04:13 AM

Post# of 130197
SCKT EPS of $0.07 was well short of my expectations. I was hoping for $0.10+. SOMO accounted for over 20% of revenues and that's over now, except for parts. I think EPS could be down sequentially in Q3.

SCKT is still a long term growth story and I'd consider getting back in at lower prices, but bailed out today at around $3.10 average. I think the stock will trade flat to lower in the coming months.

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