Savvy Trades and Investments

[southacresdave]

Hweb2...SCKT paid $40K for an analyst to write a report on them. They are projecting 12% growth in 2018 and 2019 and going from diluted net income of 24 cents/share in 2017, to 28 in 2018, to 2019 in 2019. (You have to look past their "adjusted net income" numbers they are using initially and delve a bit deeper into the report).

https://www.socketmobile.com/docs/default-source/Sidoti-Company/sckt-rpt-09-07-17.pdf?sfvrsn=0

Disclosure: I don't own any shares anymore. I also am not looking to buy any at this price. It's probably a decent buy level, but I just question whether anything is happening with the industrial scanners. I sold because that was an area I was very excited about and nothing seemed to be happening there. What I tracked in inventory numbers was minimal (vs say the sub $200 7ci and 8ci). It makes me wonder if they are in the right software with the right strong partners to break into the established warehouse market.