I was listening to the CC this morning while scanning through a bunch of other earnings reports. But the way I heard it was Q3 was unusually strong and better than they expected due to the Sept/Oct shift you referenced. Now Q4 will be weak because of that. Think they also said December is a weaker month for them due to the holidays. I certainly wouldn't want to hold into the Q4 report.
SCKT has tons of potential. That's why it's trading in the $2's while there hasn't been much in the way of earnings until this strong Q3 report. Stock traded up to $2.50 yesterday I think. Figured it would open at $2.50-$2.75 today. Looks like it only opened at $2.20. I would have bought a few there and tried to flip them. Oh well.
Good luck on this one. Wouldn't be surprised to see it trade up to $3. Or it could drop below $2. I just thought it was a slam dunk to see $3-$4 after those excellent Q3 earnings if they had given a more upbeat outlook on the CC.
Nelson..SCKT.. every quarter in 2015 will be $5M and above imo. They actually should start to break $6M+ by 2Q. 4th Q will be net income positive but who knows where right now.
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