I do want to learn options trading but for now, I'm passing on that.
Tactically speaking:
My understanding is INSG has traded lower 5 out of the last 6 times the day after earnings report which hopefully gives me the buying opportunity that I'm looking for.
Financial Issues to get opinions on:
I will always openly speak because I don't believe in "Fairytale" talking all the time....that said......From a financial perspective, INSG seems to have problems ( but most stocks do)
....With INSG the last qtr they did $52M they lost $13M. This qtr they also have a $7.9m charge for inducing the Note conversion.
Isn't there $47M of Term loan at the effective interest rate on the Term Loan was 13.50% for the year ending December 31, 2019. and an approx $50M of unconverted Notes earning 9% and $35M of preferred shares earning 9%.?
That is almost $1M a month in interest or $12M a year debt service. And the Term loan was extended until March 2021 so they'll need $47M by then to satisfy it.
Listen....I'm not trying to scare anyone....They're a candidate for a buyout and INSG is expected to have a great 2nd half of the year....I just don't want smoke blown in my face every time I come to a message board, which is common on IHUB....The more we know, the wiser.
( absolute no offense to anyone intended there )
...In my opinion, ALL prices we see in May are good prices,... I'm just waiting for my time to pounce on a price ( under $10 ) to cure my thirst for this next generation 5G company.
Go INSG !!
Recent INSG News
- Inseego Announces Industry’s First FIPS 140-2 Certified 5G Mobile Hotspot, MiFi® X PRO • Business Wire • 05/21/2024 02:00:00 PM
- Inseego Reports First Quarter 2024 Financial Results • Business Wire • 05/09/2024 08:10:00 PM
- Inseego Voluntarily Pays-off and Terminates Asset-Backed Loan Facility to Improve Capital Structure Flexibility and Meaningfully Reduce Financing Costs • Business Wire • 04/18/2024 08:10:00 PM
- Inseego Corp. to Report First Quarter 2024 Financial Results on May 9, 2024 • Business Wire • 04/15/2024 08:10:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/21/2024 09:17:01 PM
- Inseego reports Fourth Quarter and Full Year 2023 Financial Results and announces CEO transition • Business Wire • 02/21/2024 09:10:00 PM
- Inseego Corp. to Report Fourth Quarter and Full Year 2023 Financial Results on Feburary 21, 2024 • Business Wire • 02/01/2024 09:10:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/23/2024 09:22:30 PM
- Inseego Announces Reverse Stock Split • Business Wire • 01/22/2024 05:00:00 PM
- Inseego Appoints SVP of Global Channel Sales and Distribution • Business Wire • 11/29/2023 09:30:00 PM
- Inseego Announces the Availability of Its Next Generation 5G Fixed Wireless Access (FWA) Indoor Router at T-Mobile • Business Wire • 11/28/2023 03:30:00 PM
- Inseego Reports Third Quarter 2023 Financial Results • Business Wire • 11/02/2023 10:56:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/02/2023 08:11:34 PM
- Inseego Reports Third Quarter 2023 Financial Results • Business Wire • 11/02/2023 08:01:00 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 10/30/2023 08:27:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/30/2023 08:25:10 PM
- Inseego Corp. Appoints Chief Revenue Officer • Business Wire • 10/30/2023 08:10:00 PM
- Inseego Corp. to Report Third Quarter 2023 Financial Results on November 2, 2023 • Business Wire • 10/16/2023 08:10:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/10/2023 08:14:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/04/2023 12:33:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/04/2023 12:32:44 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/04/2023 12:32:26 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/04/2023 12:32:10 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/04/2023 12:31:52 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/26/2023 08:13:27 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM