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Re: researcher59 post# 22892

Thursday, 07/28/2016 11:14:59 AM

Thursday, July 28, 2016 11:14:59 AM

Post# of 130197
SCKT earnings disappointed for sure. On the CC, think they said there was a 1-time Nasdaq fee of $50K. That gets us to earnings of .08/share. Still way short. Think they also said operating expenses were unusually high. There were some positives on the CC as far as new products and potential new demand. Guidance for Q3 not that great...think they said they expect to be profitable. Obviously the Somo going away is going to hurt the next few quarters. Stock prob fairly valued at $3. But the right PR could send this low floater rocketing. So I'm going to add some shares in the $2's, but def not loading up.

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