Singing Machine Company Inc (MICS)

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I didn't realize you were such a long-term investor here. As you were quick to bail out a few months ago-

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168212356

Just as I did then, I'm trying to help. Yes there are a million different ways to make money in the stock market. Yes obviously seasonality doesn't matter to Warren Buffett. He invests for years, if not decades. But it does matter to the normal stock trader. And if you don't think earnings reports move stocks...well let's see what happens in a couple weeks.

The severe seasonality on MICS is a fact, it's not a prediction. The upcoming Q4 report isn't going to look pretty because it's their worst quarter. Maybe the stock will rally on the Q4 loss. But after the stock has shot up from the $3's to the $7's since last week...while the rest of the market has been pounded...I highly doubt it. You seem to think there are analyst estimates here? Where are they as I can't find a one. Hence there are no expectations to beat. I'm aware of the seasonality because I've followed the company for so long, but I'm guessing most daytraders who've bought recently are not. Like I said, we'll see.

I think the stock gets pumped higher short-term and have been playing the wild swings from the long side. Only a tiny amount of shares though, as we don't know when NILE is going to pull the plug and send this one back to $3. Look at the stock price of NILE. Down almost 90% over the past year. Is that because they're making big profits or big losses on their trades? I don't think it's the former.