Just found this one. Down 5% today and near 52 week low. They own www.macmall.com. Sales over $1 Billion and market cap under $150 million. They are also profitable!!! What do ya think?
I'm in at $10.00. Bad retail numbers are pulling this down but I have read that electronics numbers will be fine. Plus this is a cheaper way to play Apple IMO. According to their website they are the #1 Direct Apple reseller!
Posted by osubucks30 on :
They also own the site www.onsale.com. Posted by wdcisco on :
Wow...we should see a major bounce here..at least to 15's
Good find man.
Posted by osubucks30 on :
If it goes to $9 will add to position.
Posted by osubucks30 on :
New 52 Week low today.
Posted by metal1 on :
7.35 now. you still buying? nothing on the wires that is see
Posted by osubucks30 on :
I don't know what is going on here but with their line of credit and earnings I don't think it could go much lower. The fear of recession is crushing small cap retailers and this fits right in that category. I say just wait it out until earnings.
Posted by osubucks30 on :
I should have known better on this one. But live and learn.
Posted by Bottomfeeder on :
I always thought that when a great stock declines in price it creates better buying opportunity.If you have a winning pick you can average down your costs.I usually put in a ridiculous low ball price to buy so if it gets that low at least I have a good buy and hold. But what do I know.JMO
Posted by osubucks30 on :
Finally it is back above $8.
Posted by osubucks30 on :
Back to near 10! Posted by osubucks30 on :
Look at a 10 day chart! Talk about a ride.
Posted by Livinonklendathu on :
PC Mall Reports Record Fourth Quarter Results Thursday February 7, 9:00 am ET
-- Consolidated net sales for the quarter were a record $408.0 million, up 38% year-over-year. -- Commercial net sales for the quarter increased 42% year-over-year. -- Public sector net sales for the quarter increased 37% year-over-year. -- Consumer net sales for the quarter increased 21% year-over-year. -- Gross profit for the quarter was a record $47.9 million, up 41% year-over-year. -- Operating profit for the quarter was a record $8.7 million, up 131% year-over-year. -- Operating profit margin for the quarter was 2.1%, up 62% year-over-year. -- Net income for the quarter was $4.6 million, up 169% year-over-year. -- Diluted EPS for the quarter was $0.32 per share, up 146% year-over-year.
PC Mall, Inc. (NASDAQ:MALL - News) today reported record fourth quarter sales, gross profit, and operating profit, resulting in diluted earnings per share of $0.32 in Q4 2007 compared with $0.13 for Q4 2006. Net income for Q4 2007 was $4.6 million, an increase of $2.9 million or 169% from Q4 2006. Results in the prior year include an after-tax charge of approximately $1.0 million related to a lawsuit settlement. Consolidated net sales for Q4 2007 were $408.0 million, an increase of $112.7 million or 38% from consolidated net sales of $295.3 million in Q4 2006.
Frank Khulusi, Chairman, President and CEO of PC Mall, Inc., said, “Once again, we are very pleased to report another record quarter for PC Mall. Our fourth quarter 2007 net sales of over $408 million represents the largest revenue quarter ever for our Company, and our fourth quarter 2007 earnings per share of $0.32 represents an increase of 146% over the fourth quarter of 2006.”
Posted by osubucks30 on :
To bad its not staying above 10 but great news for sure!!
Posted by PCola77 on :
Was anyone following this one on thrusday? From a chart, it looks liek it ran up to almost $14 at the close, and today is "down" over 35% to around $10, which is still 25% higher than it was most of Thursday.
Posted by osubucks30 on :
Hit 52 week low today($2.65). Volume light and over 1 million shares short. They announce earnings after the bell. I started a position today. Will see what happens after earnings. I think bad news is baked in! Look at the price.
Posted by osubucks30 on :
PC Mall Reports Record Third Quarter Revenues, Announces Share Buyback
Consolidated Third Quarter Highlights: -- Consolidated net sales were a Q3 record $325.9 million, up 13% year-over-year (YOY) -- Gross profit was a Q3 record $44.3 million, up 30% YOY -- Gross profit margin for the quarter was 13.6% vs. 11.9% in Q3 2007 -- Diluted EPS was $0.18 in Q3 2008 vs. $0.22 last year -- Operating cash flow was $20 million in Q3 2008 -- Board of Directors authorizes up to $10 million share repurchase plan
TORRANCE, Calif.--(BUSINESS WIRE)--PC Mall, Inc. (NASDAQ:MALL - News) today reported record consolidated net sales for Q3 2008, which increased 13% to $325.9 million from $287.7 million in Q3 2007. Consolidated gross profit for Q3 2008 increased 30% to $44.3 million from $34.2 million in Q3 2007. Consolidated gross profit margin was 13.6% in Q3 2008 compared to 11.9% in Q3 2007. Operating profit for Q3 2008 decreased 10% to $5.2 million compared to $5.8 million in Q3 2007. Operating profit margin for Q3 2008 was 1.6% vs. 2.0% in the same period last year. Net income for Q3 2008 was $2.6 million compared to $3.0 million in Q3 2007. Our effective tax rate in Q3 2008 was 41% compared to 40% in Q3 2007. Diluted EPS in Q3 2008 was $0.18 compared to $0.22 in Q3 2007.
Posted by osubucks30 on :
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