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Friday, August 05, 2022 1:20:05 AM
1. p/s is useful. It may not be to your, but I challenge you to pull up some credible source that says it isn't. I'll pull up an equally credible source that says it is. It's a metric. As useless by itself as your what you defined a recession to be as two quarters of GDP. YOur defintion of a recession is wrong. You brought up a tool. I however recognize p/s as a tool and not a valuation unto itself.
2. I never said you never need to sell a stock for a loss just to offset capital gains. IFF I had a loser, I would. I also never said if you hold anything long enough, a stock would come back. In fact, I buy value from the start. As in MICS> And it went it went down, I bought more. And eventually truth prevailed.
3. MICS could indeed beat earnings expecations. IF they post a $5 million profit, that would safely beat expectations. I don' tknow what the market expects, but I know $5 million would blow it out of the water. I sure don't expect anything close to that. Thsi is fact. Because the expectations are priced in. Thje stock will done one of three things: It will go up, down, or do nothing. It will let us know at that time if its expectations were beat. You expect a bad quarter as you stated on the record several time. This is naturally expected because this is a seasonal business. The market may have that alerady priced in. I don't know what the market has priced in. That's speculation. This is fact, but it does have expectations.
Because you are cocnfused and think analysts target prices are market expectations is on you, not me. I've already explained toyou what I meant. And it's the truth whether you get it or not.
Recent MICS News
- Singing Machine Launches Official TikTok Shop • GlobeNewswire Inc. • 07/23/2024 11:00:00 AM
- Singing Machine's Subsidiary, SemiCab, Announces Over $9 Million Contracted Revenue Backlog • GlobeNewswire Inc. • 07/16/2024 11:00:00 AM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 07/09/2024 01:57:36 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/09/2024 01:55:43 AM
- Singing Machine Completes Acquisition of Leading AI Logistics Company • GlobeNewswire Inc. • 07/05/2024 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/12/2024 11:15:31 AM
- Singing Machine to Acquire SemiCab, a Leading AI Logistics Technology Company • GlobeNewswire Inc. • 06/12/2024 11:00:00 AM
- Company Announces Strategic Alternatives • GlobeNewswire Inc. • 05/23/2024 12:00:00 PM
- Company Provides First Quarter 2024 Results of Operations • GlobeNewswire Inc. • 05/16/2024 12:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 09:21:03 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 05/13/2024 09:15:45 PM
- Company Provides 2024 Results of Operations • GlobeNewswire Inc. • 04/16/2024 11:00:00 AM
- Singing Machine Secures $2 Million Senior Credit Facility • GlobeNewswire Inc. • 04/03/2024 11:00:00 AM
- Singing Machine Announces Distribution & License Agreement for Singing Machine Product Sales in the People’s Republic of China • GlobeNewswire Inc. • 03/20/2024 11:00:00 AM
- Company Generates Record Subscriptions Sales for 2023 Holiday Season • GlobeNewswire Inc. • 02/27/2024 12:00:00 PM
- Singing Machine and Stingray Unveil New Karaoke Gaming & Scoring Capabilities Targeting the Automotive Market • GlobeNewswire Inc. • 01/08/2024 01:00:00 PM
- Singing Machine Completes $2.0 Million Private Placement • GlobeNewswire Inc. • 11/27/2023 01:00:00 PM
- Singing Machine Announces Results of Operations For Second Quarter Fiscal 2024 • GlobeNewswire Inc. • 11/21/2023 12:00:00 PM
- Singing Machine to Announce its Financial Results for the Second Quarter Fiscal 2024 • GlobeNewswire Inc. • 11/20/2023 11:25:00 PM
- Singing Machine Unveils New Karaoke Products at Prestigious Toy Fair New York • GlobeNewswire Inc. • 10/18/2023 12:00:00 PM
- Singing Machine Unveils New Flagship Karaoke Product for Holiday Distribution Nationwide with Costco • GlobeNewswire Inc. • 09/11/2023 11:00:00 AM
- Singing Machine Announces Entrance into Hospitality Market with Disruptive New Karaoke Venue Concept • GlobeNewswire Inc. • 08/24/2023 12:00:00 PM
- Singing Machine Announces Results of Operations for First Quarter of Fiscal 2024 • GlobeNewswire Inc. • 08/18/2023 08:05:00 PM
- Singing Machine to Announce its Financial Results for the First Quarter Fiscal 2024 • GlobeNewswire Inc. • 08/17/2023 10:52:00 PM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM