Savvy Trades and Investments

[southacresdave]

Hweb2....DAIO

I'm with you 100%...... I think the stock is a steal at under $8 just for the increasing demand for embedded security for automotive industry and the growth that is happening alone.

What's amazing is an investor is getting the future of embedded security for IoT is a freebie here. You Google their partnerships they are lining up for it......Inferion, Renasis, EBV----these are billion dollar players in the microchip industry. This is why they are spending $600K more y.o.y on R&D.

The latest earnings report and cc call connected the dots more and more to what the future holds and people sell because Q3 may come in at "only" a level equivalent to Q2 bookings which were a 17 year high?!? What about the growth that is coming for sure next year and the year after and the 5 years after that? It's crazy how the market works sometimes.

What I really like is that reoccuring revenue was up to $2.8M for the quarter (this is the adapters and software). The more systems the company sells going forward, the more this number goes up and up :)