Published by Mark Gomes
Mark Gomes is an Information Technology expert with over 20 years of experience. During his career, Gomes led the investment research efforts at numerous IT consulting organizations, including International Data Corporation (1994-1998), and AMR Research (1998-2004), which was later acquired Gartner Group.
In 2004, Mr. Gomes founded Pipeline Data, LLC where he provided investment consulting to many of America's most well-respected mutual fund and hedge fund managers. In 2008, Mr. Gomes semi-retired and began donating his research to Seeking Alpha. He quickly built a reputation for accurately identifying inflection points and M&A candidates.
Outside of the investment world, Gomes is a Masters Track & Field World Champion and multi-time world record holder. In 2012, he published "Faster Than Forty", which detailed his diet, lifestyle, and training techniques. Today, he serves as a volunteer track coach to children and adults in the Miami Beach community.
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Yay!
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What is going on with RDCM today?
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Mark do you have any insight on what is happening to RDCM?
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No idea. They announced the CFO switch on Thursday, so today’s move is curious.
There is a fund that owns a lot of the stock and also owned a lot of USAT, so they might be selling out to avoid further losses to their fund this year, according to my mentor.
The press release said the CFO move was on amicable terms, so I don’t suspect fraud. The new CFO has M&A experience, so unless somebody knows something, this might just be panic selling.
I’m neither buying or selling. I have no info to justify a move. Smart people in the industry say they have the best solution, two other companies have recently been acquired, and they have five dollars in cash.
If anything I’m tempted to buy more.
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Anyone have access to the William Blair buy rating summary that came out today? Wonderful timing for that analyst….
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perhaps the analyst can contact the company to support his thesis and credibility
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Saw it. Was positive. The new analyst put his stamp of approval on the old analyst’s thesis, which he had the luxury of not doing if he thought something was wrong. This is puzzling indeed.
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I am surprised we have not seen really any kind of bounce yet. Not well versed in funds getting out of large positions in small names, but puzzling why they would take a 33 pct hit selling. Kind of defeating the purpose.
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Could be forced. Could be anything. Seasoned investors aren’t going to jump in with big money without having strong evidence that everything’s OK.
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Saw something where one of their large customers got hit by a typhoon. Philippines’ Global Telecom, who is a big customer. Seems silly to think they will no longer be a customer.
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Just saw that and immediately bought 8,000 shares. Will be back in the USA mañana. Will try to go live.
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RDCM will have conference call for “company update” tomorrow, September 18, at 8:00 am. https://www.prnewswire.com/news-releases/radcom-to-hold-a-conference-call-on-tuesday-september-18-2018-878500871.html. Hope I don’t regret buying more shares today, as Mark also did! 🙂
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Yikes. I’m not too inclined to think that that is bullish.
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Why not? Could be to talk about more bad news, or could be to discuss the impact of the typhoon damage… aka damage control, which would be bullish.
Could go either way.
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Welcome to your first week on the job CFO !
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I’ll tell you what’s bullish. SMSI had monster volume come in and take out a lot of supply the last hour of today!!
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Yes sir ! 🔥
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Someone bought 1,000 Oct 2.5 calls at the market. That’s 100,000 shares worth. I hear they are meeting with investors even before next week’s conference. Appears the run is starting / tide is turning.
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$18 coming 😀
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Definitely seems like it! If all our research is right then we have an exciting ER up ahead which will blow out last quarter.
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Now on RDCM, just my 2c. I considered buying some today when I saw that typhoon news, but personally I thought that sounded sketchy as the reason. So I will wait and see what happens with the call tomorrow.
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Amazing day for SMSI! Definitely seems like the wind changed course. I also picked up some RDCM this morning! Good luck to all.
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Found a problem with S&F. When I block apps on my daughters iPhone they disappear, but when I unlock the apps they reappear in a different order than they were. Very annoying.
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Yep. There are little things like that, but the important things work. Most of the issues are actually Apple’s fault for not allowing certain things in the iOS operating system. Whatcha gonna do. 🤷🏻♂️
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I think there is less functionality in iOS. For example no way to set a time that apps can be used like in android. It does let you block in app or new app purchases and restrict apps by age rating but nothing on website control. Android has more control I believe. Location services are pretty good. SOS button is cool, I guess. Notification of coming in and out of safety zones is delayed about 2 minutes or so. No big deal but definitely could be more timely.
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Yep. Those are all constraints of iOS. SMSI has built the app about as good as can be done otherwise. Thanks!
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I sent the issue to Sprint to see what they say about it. Also gave it a 5 star review in App Store. I assume Smith Micro is well aware of the iOS challenges. Overall for what it does, it’s a slick little app. I like it.
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Great to see investors checking it out for themselves and sharing the feedback 👍🏼
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I am in NY now and went into 2 stores yesterday in Westchester with a friend. In both stores they were not very knowledgeable about SF and did not offer my friend who was “inquiring” anything worthwhile as a reason to move to Sprint. We could only surmise that Westchester has not yet been trained.
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Appreciate the data points. Be careful to keep them in context tho. In addition to info on 5% of all Sprint stores, we now have access to data that gives us more complete insight into TOTAL download activity, which has been rising quickly.
As this info gets out (especially with the conference coming next week and Q3 closing in Sept 30) the stock is attracting heavy stock and option buying, indicating a possible insurgence of institutional investors.
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Hi Mark,
Can you elaborate what you mean by this line?
-> we now have access to data that gives us more complete insight into TOTAL download activity, which has been rising quickly.
Are you referring to app store rankings? or is this something else that actually provides total download activity?
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The latter, if you know how to acquire and properly analyze some raw data. Many keep that part to themselves because it provides an advantage in trading the stock 😉
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Understood, thanks for the clarification.
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Mark,
What are your thoughts on HEAR? Do you like it for the longterm, next 6 months, don’t like it at all?
Thanks!
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