SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 37.65+9.2%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Stock Watcher who wrote (10621)6/16/1999 9:48:00 PM
From: StkProfit$   Read Replies (2) of 52051
 
This is about all I have at the moment:
finance.yahoo.com

I bought it last August and had to wait until December last year for my profits, but I was confident the price would come around once annual financials were released.

SOCT is already at its price low at $1.06 for the year, and once management settles down the price should rebound by Sept/December when earnings for the quarter/or year are announced. (ASSSSuming they report another profit vs loss for the quarter/year)
(Two key points: Competent new CEO, and time is necessary for this to be a winner. If they can't redirect the company to the satisfaction of shareholders, the stock could dive under $1, but at this time I feel 65-70% sure of a turnaround in stock price.) (I usually wait until I'm at least 80% sure before actually buying a stock, but I figured I'd throw it out for the index anyway, and for those who like to know in advance what I'm keeping an eye on.)

Regards all,
-Mark
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext