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Re: Guy post# 156546

Saturday, 10/12/2013 2:45:15 PM

Saturday, October 12, 2013 2:45:15 PM

Post# of 173812
Guy...SCKT...I will send you a p.m. where I go into more detail on why I'm almost certain it's Leviticus, the details on why I've heard he's selling and what's going to happen going forward. As far as $$, I've actually been doing the same thing as you. When he is done the window of opportunity to accumulate a large number of shares is over. Trust me, if I start tracking 100+ 7ci scanners going through Ingram (proving to me that the van line deal is a certainty), I will broadcast it to everyone and everywhere I know to buy shares just for a flip if nothing else. There won't be any cheap shares left if 4th Q is a slam dunk. Of course, that's after I back up the truck myself :)

After 3rd Q numbers come out, Socket will show around 4.5-5 cents/share trailing 9 month earnings. If the van lines add onto expected day-to-day sales for 4th Q, then net income for 2013 is going to be around 12+ cents/share with very strong growth outlook. The balance sheet problems and past will start to fade into the rear view mirror in 2014 and the Nasdaq listing will start to come into view instead as shareholder equity bounces back.

Twitter is doing an ipo. People forget that Jack Dorsey's other baby is Square, Socket's app developer partner. An ipo of Square will focus all of Wall Street's attention on point of sale systems and anything connected to them.

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