Okay, I am letting you bozos in early on this one. As you know, from time to time, I get excited about a name and do write ups, then become obsessed with the company. I trade a lot of stocks, but remain loyal to a select few. Recent names that I’ve become obsessed with are: VHC (sold at $37), YELP, TEA, GMCR and WNR.
I am pretty sure my next winner will be IMMR. The stock has been on a tear, following successful licensing deals with just about everyone in mobile, sans Apple. They are executing in a way VHC could only wish, sporting a market cap significantly less too.
They specialize in Haptic technology. They enable the crack of the baseball bat to be felt on your tablet when watching a game on MLB.
Here are their partners:
Alps
Atmel
Densitron
Laerdal
LG Electronics
Logitech
Microsoft
Nokia
Samsung
Sony
Volkswagen
What are the catalysts?
Aside from the organic growth in mobile phones and their astounding 99% gross margins, they will be in the new Sony Playstation. Since they are not in any Apple products, I suspect hype will build around the name just prior to a new product announcement. The company is profitable and will become increasingly profitable as their technology is adopted into new devices. I believe 50% of smartphones, worldwide, use their technology.
Here are some devices that have haptic technology inside.
The technology is also found in gamer video controls.
Navigation systems
The company guided up big and will likely smash EPS estimates for the foreseeable future. The numbers get crazy, as with all high growth stocks, paving a way to a $50 stock price under ideal conditions.
Here is their list of patents.
I’ll be doing a lot more work on it and welcome your feedback. I hope the stock comes in, since I don’t own it yet. I am really excited about this company and feel they are in a sweet spot that is unmatched by any small cap company–at the moment– due to their margins and diversified product offerings.
Ticker symbol IMMR