Subs: The Reason to Listen To Earnings Calls.. “Analysts” Aren’t

• Posted by ToddSullivan
• on October 22nd, 2009

So if I told you a holding was about to enter into a Wal-Mart (WMT) pilot program (500 locations) you’d think it was news. It would be if there were any analysts on the earnings call yesterday, note at the end of the following call, not single question. Since there weren’t, the news did not get out. I am buying more today.

iGo (IGOI) announced on their earnings call that they are going into 500 Wal-Mart (WMT) stores, were in negotiations to place more products in Verizon wireless locations and talking to “several other retail outlets” about placing product there.

Here is the call:
RVCap[3]

This is another reason to like these small cap names that are not followed by large investors or analysts. You can easily outwork both of them and gain an advantage.

Important note. The Wal-Mart program will take some time. Any direct results from this will take a few quarters to recognize (barring full roll-out earlier than expected). But, it is yet another piece of the puzzle and more continued good news.

I bought more this morning…

To see more posts on any of the companies mentioned in this article, enter their stock ticker symbol in the search box.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.