Opening Disclosure — Long-time readers should note some significant changes in how I communicate in the public domain. The primary purpose of this forum is now to attract new contacts with professional industry expertise to share research and receive feedback (confirmation / refutation) regarding my investment theses.
Accordingly, this document should not be construed as an endorsement or recommendation of the companies or securities discussed herein. I am not an investment advisor and this is not an investment thesis. It is merely one part of the story, which I present for debate in hopes of determining all risks and upside potential. The disclosure at the end of this piece is critical to understanding the content and context of this document. Further, I frequently trade my positions and may buy, sell, or short the securities mentioned herein at any time, regardless of the facts or perceived implications of this article.
Let’s Jump Right In
Since launching this blog, I’ve published 24 reports on Smith Micro (SMSI).
That’s a lot of writing! It’s also a lot of reading. However, that’s no excuse for being lazy about it. Becoming rich (or richer) takes hard work and sacrifice. In this case, all you need to do is read about the work I’ve already done (about 500 hours worth, compressed into about one hour of reading).
That being said, there’s nothing wrong with making things a little easier for everyone.
So, for this 25th article, I’m going to sum it all up for you and provide a comprehensive list (see below) of my past articles for easy access.
Everything You Need To Know About SMSI
For starters, you will have to read one article — Smith Micro: Riding A New Trend & Making Its Latest Comeback is my original write-up and still does a great job of laying out the story.
SafePath Is Already Doing Business With Major Global Carriers
Anyone involved with SMSI has been talking about Sprint. However, when Smith acquired iMobileMagic, it had already won deals with O2 in the UK (owned by Telefonica, which has 25 million subscribers), MEO (Portugal Telecom, with over 6 million customers), and one of T‑Mobile’s territories in Europe (owned by Deutsche Telekom, the majority shareholder of T-Mobile).
The company also had two Asian carriers in deployment, which were later revealed to be Digi in Malaysia (which has 12 million mobile subscribers) and AIS (with 40 million subscribers) in Thailand.
In fact, some of these carriers already have websites up and running with the product. However, SMSI has decided to be laser-focused on Sprint. By doing so, they can perfect the onboarding process and turn profitable before investing resources into newer, smaller, or less-developed accounts.
Make no mistake though… some of these carriers are significantly larger opportunities than Sprint is. With Sprint now doing great and ramping its PR activities, the time is fast-arriving for SMSI to ramp up its other relationships around the world.
So, How Much Can They (And I) Make On This?
The quickest answer to this can be seen by visiting my Smith Micro model and reading Are SMSI’s Unlocked / Hidden Assets Worth Over $20 Per Share?
As I’ve been saying, momentum is finally building.
If you feel like doing more homework, be sure to check out my other reports…
…and stay tuned. Cheers!
All SMSI articles (in chronological order, from first to most recent):
- Tracking Sprint’s Safe & Found Roll-Out On Twitter
- Does SMSI Stand For “Smart Money Speeding In”?
- Sprint Finally Rolling Out SMSI’s Safe & Found Nationwide!
- Videocast: AEHR 10-Q, MoviePass Update
- AEHR Grows 175% — Beats On The Top & Bottom Line (Buying More)
- GAIA vs. MoviePass: CAC Shows Which One Is A True Mini-NFLX
- MoviePass Projected To Burn $600M In 2018
- SMSI: Riding A New Trend & Making Its Latest Comeback
- Mark Gomes Research
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Disclosures / Disclaimers: I am long SMSI. However, this is not a solicitation to buy, sell, or otherwise transact any stock or its derivatives. Nor should it be construed as an endorsement of any particular investment or opinion of the stock’s current or future price. To be clear, I do not encourage or recommend for anyone to follow my lead on this or any other stocks, since I may enter, exit, or reverse a position at any time without notice, regardless of the facts or perceived implications of this article.
I am not a financial advisor. Nor am I providing any recommendations, price targets, or opinions about valuation regarding the companies discussed herein. Any disclosures regarding my holdings are true as of the time this article is written, but subject change without notice. I frequently trade my positions, often on an intraday basis. Thus, it is possible that I might be buying and/or selling the securities mentioned herein and/or its derivative at any time, regardless of (and possibly contrary to) the content of this article.
I undertake no responsibility to update my disclosures and they may therefore be inaccurate thereafter. Likewise, any opinions are as of the date of publication, and are subject to change without notice and may not be updated. I believe that the sources of information I use are accurate but there can be no assurance that they are. All investments carry the risk of loss and the securities mentioned herein may entail a high level of risk. Investors considering an investment should perform their own research and consult with a qualified investment professional.
I wrote this article myself, and it expresses my own opinions. I am receiving no compensation for it, nor do I have a business relationship with any company whose stock is mentioned in this article. The information in this article is for informational purposes only and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action.
The primary purpose of this blog/forum is to attract new contacts with professional industry expertise to share research and receive feedback (confirmation / refutation) regarding my investment theses.