Going LIVE Friday @ 12:30PM — SMSI Earnings Preview & The Market Decline

This Friday at 12:30PM ET, I’ll host a LIVE Stock Market Update, along with an SMSI Earnings Preview, followed by Q&A.


* The market is under pressure. The only winners are stocks that are beating earnings (like NFLX this week), so we’ll discuss that further.

* SMSI broke out of its pennant formation Wednesday. One trader remarked that there’s nearly 200,000 shares of upside pressure on the stock heading into Friday afternoon’s option expiration. With SMSI’s earnings being released on Wednesday, I’ll preview the Street expectations and how they compare to mine.

As usual, we need enough people (40) to make it worthwhile, so spread the word and tune in!
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If you miss the live broadcast, be sure to check it out later. Cheers!

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Disclosures / Disclaimers: 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.


12 thoughts on “Going LIVE Friday @ 12:30PM — SMSI Earnings Preview & The Market Decline

        1. I would love to do that, but it’s hard enough for me to manage the broadcast plus the Q&A that comes in via the YouTube app (as evidenced by me pressing the wrong button today LOL).


  1. Q: Given the market sentiment and speculative waiting periods for AEHR and RDCM – are you now bearish on these stocks (short-term)? Would you agree that there is little possibility for upside in the short-term given low likelihood of new customer orders (and expected delays in ramp+revenue even supposing new orders were taken)?


    1. No, I am not bearish on those stocks.

      However, I would agree that they’re in the doghouse until the orders start coming in. In the meantime, bullish investors with a medium-term time horizon will be willing to buy those stocks at the current discounts in hopes of getting a bigger payday once the order start coming in.

      In the business, that’s called “getting paid to wait”.


  2. Hey Mark, could you elaborate on more of your reasoning for not following HMNY as short position? Is it purely due to margin requirements or are you actually concerned of potential upside risks?! Simply put, could you comment on why you do not view this as a riskless and highly profitable LT short?


    1. At this stage, there has become a wide range of outcomes for the stock. If I had to choose long or short, there is no doubt that I would shoot short, but I don’t have to choose. Money is made by picking the lowest hanging fruit, and this is no longer low hanging fruit.

      Liked by 1 person

  3. Mark, do you know if there is any contractual obligation for Sprint to sunset Family Locator? If so, is there a timeline specified? Could the sunset date be perpetually delayed?


    1. The sunset CAN be perpetually delayed, but that’s NOT what Sprint wants.

      As I have discussed many times, Sprint wants EVERYONE to move over to Safe & Found because of its expanded functionality… and especially because of the amount of money they can make with the upcoming IOT devices.

      This comes straight from contacts at Sprint.

      They’ve been pushing customers over as quickly as they can without risking losing a lot of them (people don’t like change, even if something better awaits them on the other side), so as far as I’m concerned they are making the right long-term move… for themselves as well as a SMSI.

      It’s smart business for all. As a large shareholder, I approve 100% 👍🏼


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