Value Microcaps Zip Code Changers

[southacresdave]

SCKT...new analyst estimate of 21 cents/share for 2012

In late spring, SCKT hired Stonegate Securities to do an independent analyst estimate on the company. I read it in it's entirely and it sucked (putting it mildly). Talking with the CFO, the company had no input into it at all but did it to create a base to build from (Stonegate Securities advises multiple institutional buyers).

An update in numbers has just came out. (They are listed on Yahoo's SCKT "Analyst Estimate" page). They now have next quarter going from a 5 cent/share loss to a 3 cent profit and 2012 going from a 25 cent/share loss to a 21 cent/share profit.

I'm telling you, once this company becomes profitable it's not going back. They have products that will only keep growing as the area they are focused in keeps growing. With the profit margin of 43%+ and low number of shares, it will hit the bottom line.