Zagg: "rise above"

[billyjoe]

Pete,
ZAGG earnings this week. Hope for a blowout or I'm out, but I'll take that risk for now.

---------------billy

[Peter Hansen]

Billie Good Luck

Pete,
ZAGG earnings this week. Hope for a blowout or I'm out, but I'll take that risk for now.

---------------billy

Billie I sold out of ZAGG .......I just could not take it anymore ........It was like watching paint dry!

[steelman]

not alone

Pete,
ZAGG earnings this week. Hope for a blowout or I'm out, but I'll take that risk for now.

---------------billy

I am still in there with you Billyjoe. I bought some at $7 and then I bought some more at $6. C'mon earnings!! Isn't this thing supposed to hit $10 anyway?? I had planned on holding to see what happens when the get listed on the NASDAQ. That shouldn't be too much longer.

We should be good!
Joe

[Gary611]

Glad I Zagg'd

Bought in after getting some interesting info from everyone here a few weeks back at 6.35, sold today on earnings anticipation at 7.30, a nice 15% gain!! I will jump back in after it falls a bit, I really think this product is a winner & after all the smoke clears with good #'s, if it is a product that people will buy & like (Peter Lynch) it will succeed.
Anyway, continued good trading to all!!

[billyjoe]

Gary,
You're one smart stooge. Wish I'd sold.

----------------billy

[steelman]

Stock price down after earnings

"Financial Results

Net sales for the quarter ended June 30, 2009 were $9,214,971, an increase of 236% compared to net sales of $2,739,176 for the quarter ended June 30, 2008. Net sales for the six months ended June 30, 2009 were $17,290,146, an increase of 210% compared to net sales of $5,584,597 for the six months ended June 30, 2008.

Gross profit for the quarter ended June 30, 2009 was $5,515,454, or 60% of sales, compared to $2,026,962, or 74% of sales, in the quarter ended June 30, 2008. Gross profit for the six months ended June 30, 2009 was $10,708,398, or 62% of sales, compared to $4,094,591, or 73% of sales for the six months ended June 30, 2008. We reported net income of $1,194,264 or $0.05 per share for the quarter ended June 30, 2009, compared to net income of $174,703 or $0.01 per share for the quarter ended June 30, 2008. We reported net income of $2,222,504 or $0.10 per share for the six months ended June 30, 2009, compared to net income of $60,532 or $0.00 per share for the six months ended June 30, 2008."

This came out today. With good news like this, why would their stock be down 12%?

[Peter Hansen]

Steel

Steel all I can say is that . "figures lie....and liars figure" I dumped this stock awhile back because it seemed to have "Shot Its Load" and was NOT moving! Wishing, hoping and praying while holding on to a stock that is not moving is a losing proposition!

[steelman]

I am very curious to see what happens when ZAGG get listed on the NASDAQ.

[Gary611]

Zaggbox coming out soon, sounds like a nice tool, maybe this will revive this sleeper pick.

[steelman]

Nasdaq zagg

NASDAQ is here for ZAGG. ZAGG is so fundamentally sounds it's crazy. EPS has been outperforming the industry. Their CEO has also been buying up shares in the open market. Financial numbers look great. Anyway...ZAGG will commence trading Tuesday, November 10th, 2009 under the same symbol. Current is $5.20, 52 week high was $7.91. I bought at $7 a long time ago and more at $6 with $10 as a target. I am still holding. Will it get to $10??? Like Peter says "who knows" but the NASDAQ should give it a boost and $5.20 sounds like a bargain. Let me know if anyone is buying. Good luck to all.

Steelman

[steelman]

Zagg

ZAGG in now on the NASDAQ and it was at $7 just a couple of weeks ago. Today it is currently at $4.10. I just received an alert that their CFO Brandon Obrien just bought 20,000 shares. Do you think he knows something? It should go back to $7 right???

[Peter Hansen]

ZAGG in now on the NASDAQ and it was at $7 just a couple of weeks ago. Today it is currently at $4.10. I just received an alert that their CFO Brandon Obrien just bought 20,000 shares. Do you think he knows something? It should go back to $7 right???

Steel I was hot for the stock.....but I learned awhile back ........never marry any stock! ZAGG right now is DEAD money..........and DEAD money never wins!

[billyjoe]

Steel,
I agree with Peter and as you know, the dead rarely rise.

-----------billy

[wooish]

I sold ZAGG a while back for some profit. ZAGG just reported earning less than two weeks ago so the pull back is expected. Additionally, ZAGG was just downgraded by some analyst which further help drive down the pps. Plus it's near end of year and investors just want it to sell to either book profit or loss. The stock is currently reaching oversold territory, I'm watching closely for reentry as I believe the stock will crawl its way back to $7 soon. I'm hoping to be able to buy it at around $3.5

[wooish]

Steel

I've been watching ZAGG since last week. Last week it bounced off @3.75 and today it bounced off @ 3.8. I bought my first buy of ZAGG today @3.81 because I feel that the stock is currently consolidating and can trend up anytime now. If ZAGG continues to go down tomorrow below $3.5 I will initiate my second buy. IMO it can hit $5 within 4-8 weeks.