Forum: Financial Investment Forum. - This forum is for financial topics only. Please adhere to forum rules. Violators will be banned from this forum and possibly the entire site.

Thread: Prts ,

Page 6 of 8 FirstFirst 12345678 LastLast
  1. #126  
    RX Senior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,404
    Genuine Parts Company Enters Definitive Agreement To Acquire Europe's Alliance Automotive Group thestreet.com/story/14317601…

    GPC paid approx=> 1x Sales
    Good Valuation comp for => $PRTS
    Largest pure "e-Com" Parts Retailer
    Sells at 0.33x Sales
    goo.gl/GDjjgp
    Reply With Quote  
     

  2. #127  
    RX Senior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,404
    Quote Originally Posted by brucefan View Post
    Genuine Parts Company Enters Definitive Agreement To Acquire Europe's Alliance Automotive Group thestreet.com/story/14317601…

    GPC paid approx=> 1x Sales
    Good Valuation comp for => $PRTS
    Largest pure "e-Com" Parts Retailer
    Sells at 0.33x Sales
    goo.gl/GDjjgp


    shana:
    US AUTO PARTS - (PRTS) @ $2.75 ==> General Parts (NYSE: GPC) -Pays- 1.2x Times Sales -for- Alliance Auto Group / (European Co.) ..... Expected to be "Very Accretive"; GENUINE PARTS COMPANY (NYSE:GPC) announced this morning ... They are buying "Alliance Auto Group" for => $2 Billion / ($USD) "Alliance Auto Group" is the 2nd largest Auto Parts Distributor in Europe As announced ... "GPC" is paying ==> 1.18x Times / Sales ... For "Alliance Auto Group" By Comparison to ==> US AUTOPARTS US AUTOPARTS has reported $305 million in Sales... In the past 12 month period Applying the 1.18x times / Sales multiple .. That which "GPC" just paid for Alliance Auto US AUTOPARTS shares would be worth ==> $9.00+ / Per Share Which is "Price Disparity" of approximately => +225.00% REFERENCE LINK: https://goo.gl/JMDc6iGENUINE PARTS COMPANY (NYSE:GPC) ENTERS DEFINITIVE AGREEMENT TO ACQUIRE: EUROPE’S - ALLIANCE AUTOMOTIVE GROUP Positions Company as a Leading Automotive Parts Distributor into Key European Markets - Revenues of $1.7 Billion - ($USD) - To Deliver Significant Sales Growth and Earnings Accretion and Strong Platform for Sustainable Automotive Parts Expansion AAG is reported to be "The 2nd Largest" auto parts distribution company in Europe AAG reports 1,800 company owned stores and affiliated outlets across 3 markets: France, U.K. and Germany AAG management reports expectations of => $1.7 Billion of Revenue on a (U.S.) - GAAP basis in 2017
    GPC intends to finance the transaction, including the pay off of AAG’s existing debt arrangements, with approximately => $2 Billion in Debt Financing J.P. Morgan is acting as the financial advisor to Genuine Parts Company - (GPC) BELOW... TERMS of the DEAL => REFERENCE LINK: https://goo.gl/S7EL8q
    Reply With Quote  
     

  3. #128  
    RX Senior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,404
    Could Mario arrange a deal????



    Gabelli & Company’s 41st Annual Automotive Aftermarket Symposium






    Business WireSeptember 27, 2017












    RYE, N.Y.--(BUSINESS WIRE)--
    Gabelli & Company will host its 41st Annual Automotive Aftermarket Symposium on October 30 and October 31 in Las Vegas, Nevada. This conference showcases a full spectrum of leading automotive companies, including aftermarket parts retailers, original equipment & aftermarket parts suppliers, publicly traded dealership groups, and medium & heavy duty truck manufacturers. Presentations, fireside chats, and one-on-one meetings will be held from 12:00 p.m. PST on Monday, October 30 through 5:00 p.m. PST on Tuesday, October 31. The event occurs in conjunction with the AAPEX & SEMA industry trade shows. Investors should contact their salesperson for more information or to register.
    2017 Participants
    Autoliv Inc. NYSE – ALV
    AutoZone, Inc. NYSE – AZO
    Boyd Group Income Fund TSE- BYD.UN
    Cooper Tire & Rubber Company NYSE – CTB
    Dana Incorporated NYSE - DAN
    Donaldson Company, Inc. NYSE – DCI
    Genuine Parts Company NYSE - GPC
    Lear Corporation NYSE – LEA
    Monro Muffler Brake, Inc. NASDAQ - MNRO
    Motorcar Parts of America, Inc. NASDAQ - MPAA
    Myers Industries, Inc. NYSE- MYE
    Navistar International Corp. NYSE - NAV
    O’Reilly Automotive, Inc. NASDAQ - ORLY
    Penske Automotive Group, Inc. NYSE - PAG
    Rush Enterprises, Inc. NASDAQ - RUSHA
    Standard Motor Products, Inc. NYSE - SMP
    Stoneridge, Inc. NYSE - SRI
    Superior Industries International Inc. NYSE - SUP
    Tenneco, Inc. NYSE - TEN
    U.S. Auto Parts Network, Inc. NASDAQ - PRTS
    Momentum Dynamics PRIVATE
    Truck Hero, Inc. PRIVATE
    Motor & Equipment Manufacturing Association
    Automotive Aftermarket Suppliers Association

    © 2017 G. research, LLC - All rights reserved.
    G.research, LLC, an institutional research and brokerage firm, is a subsidiary of Associated Capital Group, Inc. (AC). Gabelli & Company is the marketing name for the registered broker dealer G.research, LLC. G.research, LLC, One Corporate Center Rye, NY 10580. Member of FINRA and SIPC.
    View source version on businesswire.com: http://www.businesswire.com/news/home/20170927005238/
    Reply With Quote  
     

  4. #129  
    RX Senior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,404
    Presentation from PRTS whose prices are 20% below online peers, 40% below B&M peers (slide 5):c.eqcdn.com/_daac0c264aaecc... http://c.eqcdn.com/_daac0c264aaeccde...+-+Q1+2017.pdf


    US Auto Parts Network, Inc. (PRTS) stock price bargained at $2.69 with change ... - The Market is Open; https://themarketisopen.com/posts/us...69-with-change
    Reply With Quote  
     

  5. #130  
    RX Senior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,404
    impressive



    Reply With Quote  
     

  6. #131  
    RX Senior Steiner69eR's Avatar
    Join Date
    Oct 2006
    Location
    Parts Unknown
    Posts
    1,814
    What's going on here? Haven't been in for a while, but tempted to get back...
    Reply With Quote  
     

  7. #132  
    RX Senior Steiner69eR's Avatar
    Join Date
    Oct 2006
    Location
    Parts Unknown
    Posts
    1,814
    *Just realized, basically at the 52 week low.
    Reply With Quote  
     

  8. #133  
    RX Senior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,404
    Weak group, still dealing with a few shares in weak hands from the hedge fund.

    Earnings 10/30 , and also

    Gabelli & Company’s 41st Annual Automotive Aftermarket Symposium
    https://finance.yahoo.com/news/repea...110000593.html

    We will all wake up one day with this company being acquired for 6-8 bucks
    Reply With Quote  
     

  9. #134  
    RX Senior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,404
    U.S. Auto Parts Reports Third Quarter 2017 Results




    PR NewswireOctober 30, 2017


    Comment

    CARSON, Calif., Oct. 30, 2017 /PRNewswire/ -- U.S. Auto Parts Network, Inc. (PRTS), one of the largest online providers of aftermarket automotive parts and accessories, reported results for the third quarter ended September 30, 2017. All information and data are from continuing operations, which exclude the AutoMD operating segment unless specifically noted.
    Third Quarter 2017 Financial Summary vs. Year-Ago Quarter

    • Net sales increased to $73.8 million compared to $73.5 million.
    • Gross margin was 29.6% compared to 30.5%.
    • Net income increased to $0.9 million, or $0.02 per diluted share, compared to $0.4 million or $0.01 per diluted share.
    • Adjusted EBITDA (a non-GAAP measure defined below) increased 14% to $3.6 millioncompared to $3.1 million.
    • Ended the quarter with no revolver debt.

    Third Quarter 2017 Operational Highlights vs. Year-Ago Quarter

    • Total online orders increased by 8% to 915,000 orders.
    • Conversion rate increased 10 basis points to 2.0%.
    • Customer acquisition cost reduced by 9% to $6.95.

    Management Commentary
    "The third quarter was underscored by our continued commitment to profitability, as reflected by the 14% increase in adjusted EBITDA despite modest revenue growth," said Aaron Coleman, CEO of U.S. Auto Parts.
    "Similar to last quarter, our lower-margin online marketplace channel has continued to outpace our e-commerce channel. We are addressing this channel dynamic by making the necessary investments to improve our e-commerce product landing pages, product discovery, checkout, mobile conversion and site speed, as well as optimizing the post-purchase consumer experience. As we look ahead to 2018, we will continue to focus on prudent cost management at the operating level, and expect the results of our e-commerce initiatives to further improve conversion, which can enable us to accelerate traffic acquisition going forward."
    Third Quarter 2017 Financial Results
    Net sales in the third quarter of 2017 increased to $73.8 million compared to $73.5 million in the year-ago quarter. The increase was largely driven by a 41% increase in online marketplace sales to $26.8 million, partially offset by a 17% decrease in e-commerce sales.
    Gross profit in the third quarter of 2017 was $21.9 million compared to $22.4 million in the year-ago quarter. As a percentage of net sales, gross profit was 29.6% compared to 30.5% . The anticipated decrease in gross margin was primarily driven by lower-margin channel mix and higher freight costs. The company continues to expect gross margin to range between 29-30% going forward.
    Total operating expenses in the third quarter were reduced to $20.5 million compared to $21.7 million in the third quarter of last year. As a percentage of net sales, operating expenses decreased 180 basis points to 27.8% compared to 29.6% in the year ago quarter as a result of lower call center and marketing expenses.
    Net income in the third quarter increased to $0.9 million, or $0.02 per diluted share, compared to $0.4 million or $0.01 per diluted share in the year-ago period.
    Adjusted EBITDA in the third quarter of 2017 increased 14% to $3.6 million compared to $3.1 million in the year-ago quarter, driven by the aforementioned increase in online marketplace sales and prudent cost management.
    At September 30, 2017, cash and cash equivalents totaled $6.7 million compared to $2.7 million at December 31, 2016. The company also continued to carry no revolver debt at September 30, 2017.
    [COLOR=black !important]Conversion Rate 1[/COLOR] [COLOR=black !important]2.0[/COLOR] [COLOR=black !important]%[/COLOR] [COLOR=black !important]1.9[/COLOR] [COLOR=black !important]%[/COLOR] [COLOR=black !important]2.0[/COLOR] [COLOR=black !important]%[/COLOR]
    [COLOR=black !important]Customer Acquisition Cost 1[/COLOR] [COLOR=black !important]$[/COLOR] [COLOR=black !important]6.95[/COLOR] [COLOR=black !important]$[/COLOR] [COLOR=black !important]7.61[/COLOR] [COLOR=black !important]$[/COLOR] [COLOR=black !important]6.99[/COLOR]
    [COLOR=black !important]Unique Visitors (millions) 1[/COLOR] [COLOR=black !important]23.1[/COLOR] [COLOR=black !important]28.4[/COLOR] [COLOR=black !important]24.7[/COLOR]
    [COLOR=black !important]Number of Orders - E-commerce only (thousands)[/COLOR] [COLOR=black !important]460[/COLOR] [COLOR=black !important]537[/COLOR] [COLOR=black !important]494[/COLOR]
    [COLOR=black !important]Number of Orders - Online Marketplace (thousands)[/COLOR] [COLOR=black !important]455[/COLOR] [COLOR=black !important]309[/COLOR] [COLOR=black !important]460[/COLOR]
    [COLOR=black !important]Total Number of Internet Orders (thousands)[/COLOR] [COLOR=black !important]915[/COLOR] [COLOR=black !important]846[/COLOR] [COLOR=black !important]954[/COLOR]
    [COLOR=black !important]Revenue Capture (% Sales) 2[/COLOR] [COLOR=black !important]85.6[/COLOR] [COLOR=black !important]%[/COLOR] [COLOR=black !important]84.7[/COLOR] [COLOR=black !important]%[/COLOR] [COLOR=black !important]85.3[/COLOR] [COLOR=black !important]%[/COLOR]
    [COLOR=black !important]Average Order Value - E-commerce only[/COLOR] [COLOR=black !important]$[/COLOR] [COLOR=black !important]99[/COLOR] [COLOR=black !important]$[/COLOR] [COLOR=black !important]103[/COLOR] [COLOR=black !important]$[/COLOR] [COLOR=black !important]103[/COLOR]
    [COLOR=black !important]Average Order Value - Online Marketplace[/COLOR] [COLOR=black !important]$[/COLOR] [COLOR=black !important]64[/COLOR] [COLOR=black !important]$[/COLOR] [COLOR=black !important]68[/COLOR] [COLOR=black !important]$[/COLOR] [COLOR=black !important]67[/COLOR]
    [COLOR=black !important]Average Order Value - Total Internet Orders[/COLOR] [COLOR=black !important]$[/COLOR] [COLOR=black !important]82[/COLOR] [COLOR=black !important]$[/COLOR] [COLOR=black !important]90[/COLOR] [COLOR=black !important]$[/COLOR] [COLOR=black !important]85[/COLOR]

    [COLOR=black !important]1. Excludes online marketplaces and media properties (e.g. AutoMD).[/COLOR]
    [COLOR=black !important]2. Revenue capture is the amount of actual dollars retained after taking into consideration returns, credit card declines and product fulfillment and excludes online marketplaces and media properties (e.g. AutoMD).[/COLOR]

    2017 Outlook
    U.S. Auto Parts continues to expect net sales to be up low to mid-single digits on a percentage basis compared to 2016.The company also continues to expect net income to range between $27.0 million and $29.0 million, with adjusted EBITDA ranging between $13.0 million and $15.0 million.
    Conference Call
    U.S. Auto Parts will conduct a conference call today at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2017.
    The Company's CEO Aaron Coleman and CFO Neil Watanabe will host the conference call, followed by a question and answer period.
    Date: Monday, October 30, 2017
    Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)
    Toll-free dial-in number: 877-407-9039
    International dial-in number: 201-689-8470
    Conference ID: 13669541
    Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Liolios at 1-949-574-3860.
    The conference call will be broadcast live and available for replay via the investor relations section of the Company's website at www.usautoparts.net.

    https://finance.yahoo.com/news/u-aut...200100722.html
    [/COLOR]

    [/COLOR]
    Reply With Quote  
     

  10. #135  
    RX Senior Steiner69eR's Avatar
    Join Date
    Oct 2006
    Location
    Parts Unknown
    Posts
    1,814
    Thoughts on earnings?
    Reply With Quote  
     

  11. #136  
    RX Senior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,404
    Quote Originally Posted by Steiner69eR View Post
    Thoughts on earnings?

    excellent report and good conf call . Beat by a penny . Good things are going to happen here . No debt, 6.7 million in cash, stock buyback in place.

    Hopefully we pick up some additional coverage after the conference
    Reply With Quote  
     

  12. #137  
    RX Senior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,404
    500K Share block traded @2.25
    Reply With Quote  
     

  13. #138  
    RX Senior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,404
    I'm sure few of you are still holding, but I added at 2.18 @ 2.11 @ more @ 2.09

    Tax selling bringing in some cheap stock at the lows . Management meeting with some institutional money next week hear
    https://www.youtube.com/watch?v=hJd1P2OzGzw

    "Our first key take away is that Yes, a transition to e-commerce is occurring. The AASA estimates that e-tailing share is expected to grow to $14.9 billion in 2020 or to about 8% of the market. "
    Reply With Quote  
     

  14. #139  
    RX Senior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,404
    Calm Waters Partnership has filed a new 13G, reporting 5.9% ownership in $PRTS - https://fintel.io/i/calm-waters-partnership
    Reply With Quote  
     

  15. #140  
    RX Senior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,404
    U.S. Auto Parts Network (PRTS) Presents At Noble Financial Capital Markets 14th Annual Investor Conference - Slideshow



    https://seekingalpha.com/article/4141818-u-s-auto-parts-network-prts-presents-noble-financial-capital-markets-14th-annual-investor?ifp=0
    Reply With Quote  
     

  16. #141  
    RX Senior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,404
    Reply With Quote  
     

  17. #142  
    RX Senior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,404
    U.S. Auto Parts Reports Fourth Quarter and Full Year 2017 Results






    PR NewswireMarch 8, 2018






    CARSON, Calif., March 8, 2018 /PRNewswire/ -- U.S. Auto Parts Network, Inc. (PRTS), one of the largest online providers of aftermarket automotive parts and accessories, reported results for the fourth quarter and fiscal year ended December 30, 2017. All information and data are from continuing operations, which exclude the AutoMD operating segment unless specifically noted.
    Fourth Quarter 2017 Summary vs. Year-Ago Quarter

    • Net sales were $68.5 million compared to $71.1 million.
    • Gross margin increased 20 basis points to 30.3%.
    • Net loss was $4.1 million or $(0.12) per share, compared to a net loss of $0.2 million or $(0.01) per share.
    • Adjusted EBITDA (a non-GAAP measure defined below) increased 10% to $2.8 million.
    • Conversion rate increased 20 basis points to 2.1% versus year-ago quarter
    • Customer acquisition cost decreased 7% to $7.14

    Full Year 2017 Summary vs. 2016

    • Net sales were $303.4 million compared to $303.3 million.
    • Gross margin was 29.6% compared to 30.3%.
    • Net income increased to $24.6 million, or $0.62 per diluted share, compared to net income of $3.0 million, or $0.08 per diluted share.
    • Adjusted EBITDA increased to $14.2 million compared to $14.0 million.
    • Total online orders increased 6% to 3,632,000 orders.

    Management Commentary
    "In Q4, our continued focus on profitability led to another double-digit increase in adjusted EBITDA, as well as the highest gross margin quarter in 2017," said Aaron Coleman, CEO of U.S. Auto Parts. "Throughout 2017, we experienced a shift in channel mix with our online marketplaces gaining significant momentum which has been offset by a decrease in our e-commerce channel. To address the channel mix trends we managed expenses to maintain profitability and developed a strategy to improve the customer experience and re-accelerate e-commerce sales."
    "We have deployed a number of customer experience initiatives in the first quarter which have recently resulted in a material impact on conversion. We are encouraged by these recent trends as they reinforce our customer experience strategy and we expect to roll out similar initiatives across all of our key sites in 2018. In addition, we are excited about the growing opportunity in the marketplace channels to expose our value proposition to new customers."
    Fourth Quarter 2017 Financial Results
    Net sales in the fourth quarter of 2017 were $68.5 million down 4% compared to $71.1 million in the year-ago quarter. The decrease was largely driven by an 18% decrease in e-commerce sales, partially offset by a 26% increase in online marketplace sales to $24.5 million.
    Gross profit in the fourth quarter of 2017 was $20.8 million compared to $21.4 million in the year-ago quarter. As a percentage of net sales, gross profit increased 20 basis points to 30.3% compared to 30.1%. The increase in gross profit margin was primarily driven by a higher mix of private label sales, which was 72% of net sales compared to 68% in the year-ago quarter.
    Total operating expenses in the fourth quarter decreased 5% to $20.2 million compared to $21.3 million in the year-ago quarter. As a percentage of net sales, operating expenses decreased 50 basis points to 29.4% compared to 29.9% in the year-ago quarter primarily as a result of lower call center and marketing expenses.
    Net loss in the fourth quarter was $4.1 million, or $(0.12) per share, compared to a net loss of $0.2 million, or $(0.01) per share in the year-ago quarter. The $4.1 million net loss for the quarter included a $4.2 million income tax expense due to the change in the valuation allowance in addition to the impacts of the Tax Cuts and Jobs Act.
    Adjusted EBITDA in the fourth quarter of 2017 increased 10% to $2.8 million, compared to $2.5 million in the same period of 2016, primarily driven by the aforementioned increase in gross margin and judicious cost management.
    At December 30, 2017, cash and cash equivalents totaled $2.9 million compared to $2.7 million at December 31, 2016. The Company also had no revolver debt at each of December 30, 2017 and December 31, 2016.
    Key Operating Metrics

    [/COLOR]
    Full Year Financial Results
    Net sales in 2017 increased to $303.4 million compared to $303.3 million in 2016.
    Gross profit in 2017 was $89.7 million compared to $92.0 million in 2016. As a percentage of net sales, gross profit decreased 70 basis points to 29.6% compared to 30.3%.
    Total operating expenses in 2017 decreased to $85.0 million compared to $87.8 million in 2016. As a percentage of net sales, operating expenses were 28.1% compared to 29.0%.
    Net income in 2017 increased significantly to $24.6 million, or $0.62 per diluted share, compared to net income of $3.0 million, or $0.08 per diluted share in 2016. The $24.6 million net income for the year included a $21.5m income tax benefit due to the change in valuation allowance in addition to the impacts of the Tax Cuts and Jobs Act.
    Adjusted EBITDA in 2017 was $14.2 million compared to $14.0 million in 2016. As a percentage of net sales, adjusted EBITDA was 4.7% compared to 4.6%.

    2018 Outlook
    U.S. Auto Parts continues to expect net sales to increase low single digits on a percentage basis compared to 2017. The company also expects adjusted EBITDA to range between $14.5 million and $16.0 million compared to $14.2 million in 2017. U.S. Auto Parts is not including a reconciliation of adjusted EBITDA guidance to projected net income due to the high variability and difficulty in making accurate long-term forecasts and projections of net operating loss carryforwards which have a significant impact on future net income results. As a result, U.S. Auto Parts is unable to quantify its projected net income without unreasonable efforts.
    https://finance.yahoo.com/news/u-auto-parts-reports-fourth-210100476.html
    Reply With Quote  
     

  18. #143  
    RX Senior
    Join Date
    Sep 2004
    Posts
    4,075
    I picked up some more at $1.75.
    Reply With Quote  
     

  19. #144  
    RX Wizard
    Join Date
    Oct 2008
    Location
    ---------
    Posts
    6,169
    Quote Originally Posted by mickj View Post
    I picked up some more at $1.75.
    why? why did you add to a losing position? do you feel 'it's too low, it must go higher"? 'are you an insider ?

    am curious


    prts

    2 yr daily (this means - price performance over the last two yrs and each day's action is represented by a candlestick......am defining in case a reader isnt aware)






    this is called a 'shit show'. Once it broke $2.50 you were in BIG trouble. It's in free fall until buyers come in and say i want a piece. and form some form of support; 'we will not let it go lower. ' It's at a 52 week low and the sellers have control.

    If you bought cause you feel this is a great long term story? cool. But your entry point to add , techinically, is terrible. yesterday's hammer was good.




    ?


    gl
    Pinarello (Paris) 2012 , dura-ace c50, shimano ultegra Di2
    Reply With Quote  
     

  20. #145  
    RX Senior
    Join Date
    Sep 2004
    Posts
    4,075
    just dollar cost averaging. Last he wrote Brucefan was still big on it.
    Reply With Quote  
     

  21. #146  
    RX Senior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,404
    Yes, agree with Ricboff that no STT should be buying the stock here. Chart broke down again and to me, that just means this continues to frustrate me, and will take more time . That being said, I am long term investor, and still hold 75 % of my original position, and will add more once we stabilize and we see either higher , or lower prices from here.

    Institutional interest is hard to keep in a stock that trades this low, but I believe that large holders are working with the company and good things will happen here . This company is dirt cheap , has no LT debt. and I still believe will be acquired . Earnings are coming again in a few weeks, and I would look for a renewed commitment being made to buyback more stock, which will help

    Trying my patience for sure, but Im not selling
    Reply With Quote  
     

  22. #147  
    RX Senior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,404
    58 million in inventory - 68 million mkt cap

    Value
    Reply With Quote  
     

  23. #148  
    RX Senior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,404
    U.S. Auto Parts Network Launches Progressive Web App from Mobify with Speedier Load Times and Friction-Free Checkout https://finance.yahoo.com/news/u-aut...-sh&soc_trk=ma
    Reply With Quote  
     

  24. #149  
    RX Senior
    Join Date
    Sep 2004
    Posts
    4,075
    Quote Originally Posted by mickj View Post
    I picked up some more at $1.75.
    $2.04 up 8.5% today.
    Reply With Quote  
     

  25. #150  
    RX Senior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,404
    Quote Originally Posted by brucefan View Post
    U.S. Auto Parts Network Launches Progressive Web App from Mobify with Speedier Load Times and Friction-Free Checkout https://finance.yahoo.com/news/u-aut...-sh&soc_trk=ma
    This is PRTS Newly Launched - "MOBILE" / I-PHONE - Web Application

    You can see this new web application directly at ==> https://www.carparts.com.

    This is very likely the "Speediest" -&- Leading Edge mobile application for car parts in North America

    It is 100% focused on procuring "NEW MOBILE CUSTOMERS" for the purchase of Aftermarket Auto Parts

    PRTS spent the past 12 months on this project -&- Funded the Endeavor ==> 100% out of Free Cash Flow

    PRTS has a database of "Tens of Millions" of previous customers to now market this (PWA) at

    CFO Watanabe is "extremely excited" about this opportunity....

    It looks to be a solid => DIAL MOVER !
    Reply With Quote  
     

Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •