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Knowledge is King

07/28/16 9:59 AM

#22882 RE: SSKILLZ1 #22880

Agreed SSK. rawMike showed us the way yesterday...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124140100
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hweb2

07/28/16 10:01 AM

#22883 RE: SSKILLZ1 #22880

sskillz, curious why you didn't short SCKT? Wish you would have made your uber bearish call yesterday BEFORE the report.
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curlews

07/28/16 10:19 AM

#22885 RE: SSKILLZ1 #22880

SCKT - I don't agree that these are prices to be sold. We have known that the story is all about the data capture products, not SOMO, for a bunch of quarters, so this is not new. What is new is that SCKT has been introducing new products in Q2 and Q3 and next year to add to business based on the current data capture products. They are still adding 1 or 2 new developers every day to their software development community. There are about 500 apps in the Apple store now, plus developers who are doing private, custom development, and it's the applications that determine how many customers are buying SCKT products. And international sales will also be growing.

I see a high tech company with new products, a great plan based on their software development kit, steady growth, and profitable. Of course I'm talking my position, but I'm holding. I wish the growth were coming faster, but there is nothing in this story that suggests any slowdown in their primary business, and lots that suggests growth could accelerate.