Replies to post #546 on Singing Machine Company Inc (MICS)

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We'll see. The seasonality here is unavoidable. They have 2 big quarters...and 2 lousy quarters. Their stronger quarters will be heading into the holidays. Will people still be buying something as discretionary as karaoke products if the economy continues to slow and people tighten their belts? I'm guessing not. But if you'd told me MICS would hit $8 today on zero news...with the broader markets tanking...I woulda bet you a LOT of money that wouldn't happen. I'm just glad there were no short shares earlier.