iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,473 Blog Posts

Fresh From Idea Farm: Immersion Technology

logo-immersion

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.
Haptic

The technology is also found in gamer video controls.
Dreamgear-Shadow

Navigation systems
nav

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

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22 comments

  1. chivo

    Tare?? A game bro.
    I kid… I played a video game with that haptic tech and it’s kind of cool

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  2. DJMarcus

    Ticker IMMR?

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  3. widespread panik
    widespread panik

    TESLA!!!! I am test driving one this next week in Hotlanta. Can’t wait for the 420 lb of torgue available @ 0 RPM!!! Been in the stock since 2011 and finally broke down and got aggressive three weeks ago with calls once it broke out from 40. Will do the DD on IMMR. Thanks again Fly for all that you do.

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  4. charlie

    Thinly traded, no?

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  5. widespread panik
    widespread panik

    FLY please give us your top picks for tomorrow or on any decline.

    I am guessing
    1) IMMR
    2) MU
    3) USG
    4) RBCN/GTAT?

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  6. The Fly

    But FRO is ready to blow too. Watch it.

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  7. Mr. Partridge

    Everything is blowing… this is nuts…

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    • Bullish

      This is why you should stop calling the top and just chill out.

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  8. James

    blow off top?

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  9. Djmarcus

    Fly, do you know when their patents expire?

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  10. fake amish

    The Fly is god and IBC is the bible.

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  11. fake amish

    Watching the eurotards and the queens english hit all time highs or get close, is like a retard riding a bus. You really do wonder how the fuck the idiot will find the way home. Go socialist nanny states. Amazing.

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  12. widespread panik
    widespread panik

    This market bounces around throughout the summer but sees 1750 before the interim top is in. After that the forces of good (BB) take it all the way to 2000 by next Feb! Way too many doubters and managers and investors are underinvested.

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