Replies to post #165325 on Value Microcaps Motherboard

[Traderfan]

SCKT, I also listened to the CC. Here are a couple of impressions and some of the negatives for the short term. IMO

The Somo is obviously not growing and probably won't in the next few quarters.

The real negative thing is that this big Japan order is dead for now due to the unfavourable currency change in the last few months. They also have other disadvantages because of the strong dollar on their foreign sales.

Q1 is going to be weak as well despite that we thought it will be big. Q2 will be better then I guess.

All in all I figure the stock should retrace back to at least the 1.40-1.50 range where it might be a good buy for Q2 later on. Today the stock found support for now at the MA200 but I can't imagine this won't go below 2 soon. But then again often these stocks do the exact opposite what would be logical and that's often the problem to time trades.

Anything you disagree with from the above??

[bbotcs]

southacresdave: SCKT

I heard the CEO of Walmart say that at some point there won't be as many registers. I infer he meant that POS will be coming to Walmart down the raod. Patience required!

Dale