Revenues down right ugly but making a profit now. Exceeded profit consensus by 8 cents. Thats pretty good. I did not listen to the call yet but read some reviews and saw a Chen interview from today. I bought a few shares for a trade. I think it moves up a bit on Monday. They are selling hardware at a profit even though sales were down. Software sales are showing signs of life with a very healthy qtr over qtr growth rate.
I think we may get a delayed buy on this.
Long term I have no idea how long Chen can keep it going before he sells.
Agree that this is a great trading stock. Have to have a sizeable position though to make quick trades. 5-10,000 shares at a time is nice.
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