Fool's Bet: Amateur Stock Investing

Author: John Honovich, Published on Nov 05, 2015

Investors in public companies, including video surveillance, have a massive information edge. This is something I have witnessed first hand talking to them over the past 7 years for various surveillance manufacturers. 

Like playing the lotto, any fool can win once in a while, but amateurs face a vast disadvantage against the pros.

In this note, I share examples of things that professional investors know and do that impressed me and show how much more sophisticated they are compared to amateurs.

********* ** ****** *********, ********* ***** ************, **** * ******* information ****. **** ** ********* * **** ********* ***** **** talking ** **** **** *** **** * ***** *** ******* surveillance *************. 

**** ******* *** *****, *** **** *** *** **** ** a *****, *** ******** **** * **** ************ ******* *** pros.

** **** ****, * ***** ******** ** ****** **** ************ investors **** *** ** **** ********* ** *** **** *** much **** ************* **** *** ******** ** ********.

[***************]

**********

*** ******** ** ******* ********* *** ************ ****,**** *** ******** ********** *********. ** ******** ** ******** ************, ********** **** **** ***** trying ** ********** *** *** '******' '*********' **** ****.

*********

************ ********* *** ********* ********* / ******* ******** ** ******* (or ****) ** * ***** *******. **** ***** **** *** and ** ****** ******** **** ** ********* ** ******* ***** research, ********* **** **** *** ******** *** *****. **** ** not *********** ******, ** *** **** ** ** *** *** time.

********

**** ****** ***** ** ******** ** ******* ****** ******* ******* but **** ** ******* *********** ** **** * ************ ******** gets. ***** ********* *** ********* ***** ***** *********** **** ******** individuals **** ** *********** ********.

Domain ******

***** *** **** ***** ******* ** *** **** ** *********** that *** ********* ****** *** ********* ***. ** **** ** be * *** '******' (******* ******* *** ****) *** **** people ** ********* ********** **** ** **. *********, ********* *** GLG ~$*** *** * ***** **** **** ****** ************* ******. Those ****** **** ********* ******* ********** ** **** ** ***** on ** ** ******** *** ****** * *******. **********, ***** are ***** ** *******, ******** ****** ** *********** **** ** amateur ** **** ***** ** ******.

*** ****** **** ************ ********* ** *** ** *** **** there. **** **** ** ******* ****** ** ** ******** ****** to *** *** ***********. **** **** **** ***********, ************, ********, integrators, ***., ***. **** **** ***** **** **-********* ** ********* or **** ******* ** ****** *** *** ***** ** ****. All ** **** ***** ***** *** ******* ***** **** ** 'really ***** **' **** *** ****** *******'* ************** ** ******* 'information' ** ****** ******* *******.

Company ******

******* *** **** ******** ******* ** *** **** *********** ************ investors *** ******** **** *******'* **********. ******* **** *** ***, CFO, *** ** ** ******** ********* *** *** ******. ******, company ***** **** ***** *** *** ** **** **** ***** people (***** ** ** **** * ***** ** ****** ** land * ***** *******, * ************ ******** ** ********* *** public *********). ******** **** ***** *** **** ******. ***, ****** there *** **** **** *** ** ******** **** *** ** said / *********, *** **** *** *** **** ** **** with ******* ** ** **** *** **** ** *** ******* details **** ***** ******* **** ** ****** ***** ** *** you *** ****** **** ** ******* ** ***** ** ***** are ********.

*** ******* **** ********* **** **** ** ***** ***** ******* with ******* ******** ****** **** *** ***** *** ********* *** impressed **.

********

************* ****** **** ***** *** *******, ******* ** ** **** or ******** ** ***** ** *****. ** ** * *********** that ** ****** ***** ** **** **** ***** ** ***. Move **, **** ***.

** ********, **** ******** **** ***** ********** *** *** ****** attached.

****** *******

** "********** ******" ******** *** ****** ** *** *** **** makes * ******* ** ********** **********. ************ ********* *** ****** and **** ******* ****** *********** *********** ** ***** **** ** investment ****** *** *******.

*** ********, ** *** ********* ** ****, *** ******* **** investment ****** *** **** ** *** * ************** ******* ** * **** **** ****** ********. ** ***** ********* **** $** *** ***** *** ******* at **** ~** *** ******** ****'* *****, ****** ** *** company's **** ***** ****** **% ****** ****.

************, ***********, ********* ******* **** *** **** **** **** (*) Avigilon ** *** * ************** *******. ***** ***** ** * ****** **** ******* ******* *** *** ****** rate *** ****** ** ** ************* ***** ****** **** *** broken **. ****, ********* *** ********** **** (*) *** ***** market ** ***** ******* ***** ******** **** *** ******* *** that (*) ** ** *** **********, *** * ******* ******* offering ** ********.

**** ***********, *** ********* ********** **** ***** *** **** **** able ** ****** *** **** *********** ***** ******** ***** ***** manipulation *** *********.

********

****** **** ** ******. ****** *** *** ******* *** **** to ***** *** **** *** ***** ******* ****** *** *********** that ************* **, *** *** *********** ******** *** ** * steep ************ ** *** ****.

****** ******** ** *** ****** *** ******* ***** ***** ** index ***** *** *** ****. *** ** *** ***** ***** you *** '**** *******', **** ******** *** *** ******** ******* those *** ********* ***** * *** **** ** *** ***** than ***.

Comments (26)

Undisclosed #1

11/04/15 10:13pm

***** ********* *** ********* ***** ***** *********** **** ******** *********** that ** *********** ********.

**********, ***** *** ***** ** *******, ******** ****** ** *********** that ** ******* ** **** ***** ** ******.

******* ** ***-****** ******** *********** ** ******* ******, **?

John Honovich

IPVM | In reply to Undisclosed #1 | 11/04/15 10:19pm

******* **** ********.

***** *** ********* ***** ** *********** *** ****** **** ** fine, **** ** *** *** **** ** ****.

**** *** *******, *** **** **** ******* ***** *** **** if **** ** *** *** ******** ********** ***, **** ************ about ********, *** *******, ******** ***** *** **** *** * lot **** ***** **** ***** ***********, *******, ***.

Undisclosed #1

In reply to John Honovich | 11/04/15 10:35pm

**, **** *****'* ***** *********** ** ******* **** *******. *** is **** *** *** '**** ** ********* ** *******' ** buying?

*'* *** ********* *** ***** ** *** *******, *'* **** pointing *** **** *** *** ** ***** ***** **** ******* for ****** ** '******** ******' ** '*********** ***********' **** '******** individuals' ** *************.

*** ********: ******. *******.

John Honovich

IPVM | In reply to Undisclosed #1 | 11/04/15 10:49pm

********* ********.

** *** *** * ******* **** *** *** ******** ** tens ** ******** ** ******* ** *****, *** **** *** special ********* **** ****** *********. ***'* ****** ** ** *** within *** ******** ** *** ***, *** *** **** *** to **** **** ****, *** ******* *********, **** **** *** etc. *** *** ****, **** ***** ** *** ********* ** your ****. **'* **** ***-**** ****** * ***** ************ ************ for * **** ******. *** ** ***** ** **** **** down?

******* ** ******* ******* ****, **** '** *** ***** ** fire *** *** **** ****', ***** ** **** ** ********* legal **** *** *** ***** **** ***** *** ****. *** example, **** *** *** *** ****** ** *** ******? ******** rely ** *** ** **** **** ***** ****** ******* ("*** the ****** ** ******* **% * ****"). ************ ********* **** the ********* ** ***** / ******** **** ******** **** *** players ** *** ***** ***** ** *** ** *** **** is ***** ** ****** *** ********.

Undisclosed #2

In reply to Undisclosed #1 | 11/04/15 11:00pm

****** ******* *** *** ********* *** ******* ******* - *** went **** *** *********** ** ******* *** ***** ** ************* (about *** ******* ********* *** ******* ******* ************* ** *** broker)

Undisclosed #1

In reply to Undisclosed #2 | 11/04/15 11:23pm

*** *** **** **** ** *** *** *** ***** ** applied ** ** *******?

**********, *.*., ***. *, **** - *** ********** *** ******** Commission ***** ********* **** ** *** ******* ** ********* ** settleinsider ******* ******* ******* ****** ******* *** ***** ********* relating to Stewart's sale of ImClone Systems stock in December 2001. Under the settlement, Stewart agrees to an injunction, disgorgement of losses she avoided, and *** ******* ******* ** ***** ***** *** ****** *** *******, for a total of about $195,000 in monetary relief

**** *. *********, ******** ** *** **********'* ********* ******** ******, said,"This ********** ******** ********** ** ****** ** ********** ** ******** **** ****. The combination of monetary relief and future professional restrictions serve both to sanction *** **********' ******* ******* and to restrict them from future positions of investor trust."

Dennis Widdows

In reply to Undisclosed #1 | 11/04/15 11:37pm

**** *** ** *** ***** **** ** *** ********* *** had ******* ** ** **** *** ******** ********...

Undisclosed #1

In reply to Dennis Widdows | 11/04/15 11:41pm

*** **** ** ***?

Undisclosed #2

In reply to Undisclosed #1 | 11/04/15 11:42pm

**** ****** ******* *** *****

John Honovich

IPVM | In reply to Undisclosed #2 | 11/04/15 11:44pm

****, ****** ****.

******* ******* ** ** ***** *** *** *********** ** ****** stewart *** ***.

David Lieberman

IPVMU Certified | In reply to John Honovich | 11/05/15 04:33pm

* ****** *** *** ** *** ******* ********** ************* ** the **, ***** ******** ********** ** ******** *** ************* **** were ***********, ******* ** *** *********, ******** **** ********* (******* morale), ** **** ** ******** **** ***** *****, ***** ********* (gauging *******, ******* *******, ***.), ***** ********* (** **** *** on ****?), *** ** **. **** ** **** *********** ** readily ********* ** ************, *** ** ********** ******** *** ****.

*** ********** ******** ******'* *********** **** ****** ** *** ** this ***********, *** ***** ********* ***** *** *********, **** ** their *********, *** ** **.

John Honovich

IPVM | In reply to David Lieberman | 11/05/15 04:37pm

*****, **** ********!

*** **** ***** * *** **** ******** ********** ** **** companies *** ****** ** ** **** ********* ** *** ******* investors **** ***** ********** ** ***** **** ***** ******. **** would ********* **** **** **** ****** *** *** **** ****** / **********, ***** *** *** ****** ********* **********.

David Lieberman

IPVMU Certified | In reply to John Honovich | 11/05/15 05:16pm

***! ******* ***** **** ***, ****. **'* * ****** ** degrees. *** **** ******* ***** ********. *** ********** ******** ***** have **** **** ******* ******.

*****, ** * ****** ** ****** ** *** ****, *** example, * ***** ***** * *** ***** ** ****** *** store (***********, ******, ************, ********** *************), ******* *** ******* **** (security, ****** *********, ***.), *** ** **.

** * ***** *** ****, * ***** * *** **** IPVM. * ** **** ****** ** ******** * ******* **** a ************ **** ********* ******** ** *** *** (*** **** distracted **** ******** *******, ******, ******** *******?) ** ** ********* straits (*** **** ******* **** ** *******, ***** ********** *** fatigued?) **** ********** ***** ** *********.

***'** ***** **** *****'* ******* ********* *** ******* *********. ** have ** **** *** **** ** **** ** *********.

Thumbnail me

Marty Major

11/05/15 12:11am

* ********** ****** **** ****'* ******* ********* *** **** ***** stacked ******* ******* *********.

********* *** * ***** ***** ** ******* ******* *** ***** funds **** **** ******** ***** * *********** ****** ****** ******* **** *******/******* ** *********** ** - or ** ***** *** **** - * **** ****** ********** within *** ***** ** ************ *******. * ****** ********* ******* it.

*** ** *** ****** ********* ***** ***** ** *** *********** above ** *** *** ** **** **** **** '****** ********' - **** **** *** ********** ***** ** ****.

** *** ****** *** *****, ** ******* ********* **** *** investor ***** *** *** **** ** ***** **** ** ** use ***** '****** ********' ** *** *********** **** **** *** able ** ***** **** *** $*** ***** ***'* ** ********* to ********** ***** *****. **** *** *** ****** ** **** about ****** ****** *** *** ***** ** ******** *****, ***.

John Honovich

IPVM | In reply to Marty Major | 11/05/15 12:41am

* ******'* ***** ********* ******* **** ** ********, ******* (*) GLG ** ****** ******* ***** ******** / ********* ***** '*******' and (*) *****'* ****** ** ***** *********** **** *** ** provided **** ** ********* *****. *** *******, ** ******** *** gets ******* ** **** **** *** ******** ******* *** *********** of *** *********** ** * ******, ******* *** ** *********, and *****'* ******* ******* ***** ****; **** * ***-******** *** working *** ********.

Undisclosed #3

11/05/15 02:17pm

*'** *** ***** **** ***, ******** * **** ***************, ***** ****** **** *******. **** ********** ****/********* *** ** to **** ***** ***** **** ***********/********* ******* ********* ***** ******* industry ********, **********, *** ***********.

* **** ***** **** ***** ******* ** ***** ********** ***** a ****** ** *********** ***** ** *** ***** ** ****** and **** ****** **** **** *** ****** ***** **** *****.

John Honovich

IPVM | In reply to Undisclosed #3 | 11/05/15 02:38pm

***, *****'* **** * ****** ** *********** *** ****** **, as ** ******* ** ** * ****** ********** ******** - use *** ******** ** ******* ***** ***********, **** **** *********, etc.

** ** **********, *** *** * ***'* *** ** **** chip, **** ********* ***** **.

Undisclosed #4

11/10/15 07:16pm

* ********. * ***** *** *** ****-*********** *** ******** ****. I ** * ************ ********. * ***** **** *** **** is ******* ******* *** ***** ** *********:

  • *** ********
  • *** ****-*********
  • *** ***-********
  • *** ********
  • ***** ********
  • ********* ****-******

********* **** *** ***** *** ** *********** ** *************. * have **** **** ** ****. **** *** ****-****, ********** ********* can ** **** ****, * *****, ** **** ******* **** or **** ** *** ********* ******:

  • *************
  • **************
  • *********
  • *******
  • *****-********
  • *****
  • **** **********
  • ********** ****

** ** *****, *** ********* ***** **** ********. *** **** than ****, ** ***** **** *** ********* *** ********. *** are ****** *** ** ** ** **** *** ** *** the ***** **** ** **** ****** **** ************ ****. * think *** ******, ** ******* ******* ** *** ***** *********, said *** ****** ******** *** **** ****** ** ********* * stock ** *** ***** ** ********* * *** ** * school *** **** ****.

*** ********* ***** *** *** **** ********* ******* *** ***** picking ** ***********.

  1. The *********** ********, by Ben Graham, 1949. The bible on value investing.
  2. Common ******, ******** *******, by Phil Fisher, 1960. The bible on growth investing.
  3. One ** ** **** ******, ** ***** *****, 1989. Makes the case that individual investors can outperform professionals.

***** *** *** *******.

John Honovich

IPVM | In reply to Undisclosed #4 | 11/10/15 07:21pm

*, ***** ********. * ******* ***** **** *** ***** *** important ********* ******. *** * **** **** **** ************* **** lack ****. * **** **** **** **** ************* *** **** money **** ********* ******* ** ********** ******** ** ******** ****** companies **** **** ***** ***** ******* / ********.

**** ****, ** *******, ************ ********* **** ***** **** ***** traits **** ******* ****. **********, *.*., ** * ******** ** the ******** ** **** ********* ******.

* ** *******, ******, ***** *** ********* *** **** ***** traits, *** *** *** *** *********** **** ** * ***** professional ************, **** **** ** *** ***** **** ********.

Undisclosed #1

In reply to Undisclosed #4 | 11/10/15 09:33pm

************:* ****** **** **** **** ******

Undisclosed #4

In reply to Undisclosed #1 | 11/10/15 11:46pm

****** ***** ** * ***** ************* ** ****** *** ******* about *** ********** ** *******. * ******** ******* *******'* **** many ***** *** **** * *** ******* ********** * ***** find ***** *********. ** ****** ******** *** ******** *** * don't ****** **** **********, ** ***, * *** ** *** central ****** **** ******* *** ********* *** ** * ****** nobody *** ************ ********** *** *******. ******* * ****** ** at *** **** ** *** *******. ***** **** * ****** that **** **************.

**** * ******** ********** **********, ***** ****** *** ***** ** have * ******* *********? ***** ***** *********, ******, ****** *** Lynch, *** ***** ***** ** ***** ****** ** ***** ******* of ********* ***** ********* ******** ******* *** *******, ** * book ** * ********** **** ********** *** ****** ** *** this ** **********.

** ** ***** ***, ** *** ********** ** ***** * have **** * ****** *** ** *** ************ ** *** markets ** * ***** ******. ***** **** *** ****** *** because * **** * **** ****** ***** ** * ** thorough ** ** **** ** * ** **** ** ******* recognition ** * ** *****. * **** * **** ****** of ******** *** * **** **** ******** ** ****** **** the ***** ** **** ** ******** *** **** ****** *** less ********.

*** *** **** ** *** **** ** ***** **** * ever ******* ****** ** ***, **** **, ******* *** ****** in ****** **** **** * ** ** *** ********. * am ****** **** *** **** **** *** *****, **** ******, stock *******: *******, *****, ******, *****, *************, *******, ******, ***.

*** ** ** **** **** **** *********, **** ** *********, are *** **** ****. **** *** ** *** **** ** the ********** ******** ******* ** *** ********* ****** ******. ** provides * **** ****** *** ***** **** ***********. ** ** back ** ****, ** ***** **** ** *** ******** ** Tiger *****' ****** *** *** **** **** ****** **** ****** can ******* * ******** ****** ** *** **** **** *** long ****?

* **** *** **** * ******* ** **** ***** ************* investors **** ****-**** ***** ******* **** ***** ******** *** ****** walk ***** *******, *** **-**% ****** ******* *** ** ***** or ****. *** *** **** ******** * **** *** ** an **********, * ******* ********, *** *** ****** *** *** small ***** **** ********* ******* $***-**** **** * ****** ** so. ** ******* ** *** *** **** * ***** *** with * ******* ******* **** *********** *** **** **** ********. He ******* *** *********** ******** ***** * ****** *** *** shyness *** * **** ** ******** ********* *** ** *** way. *** **** ***** ** ** ****** ****** ******* ** interpret ********* ********** *** ** ******* ****** ****** ******* ** abnormally *** ******. * **** ******* *** ** **** **********.

***** ** * ****** ** ******* ***** ***** ** ****. But * ***** ********* ****** ** *** ** ******* **** others ******** **********.

John Honovich

IPVM | In reply to Undisclosed #4 | 11/10/15 11:54pm

*******'* ***** ** ** *****. * **** *** **** *** whole **** ***** ** ***** ** ********* ******* ****** ** college *** ******** ******* ** ** ****** *** **** ***** is ***** ******* ******* ********* ****** ***** ** ****** ** index ****. **** ***** **** ***** ** **.

** ***** ** ***** ********* / ************ ** ********** ******. It ** ******* **** **** ****** **** **** ****** *********** that *** ******* ****** *** ********** ******. *********'* **** ** ********. * (*** **********) **** ****** **** **** * *** weeks ****** ****. ***, * ***'* ****** ** ****** ** all *** ****** ***** *** ****** *** ***** *** **** advantage ** **** **** ** ***** ***********, ***** *** **** of *** ****** **** *** ** ** *****.

Undisclosed #4

11/10/15 07:40pm

******** ** **** ** ** *** **'* **** *** **** of **. *** *** ***** *********** *** ***** **** ** money ** *** **** *********** ****, *** **** *** ******* free ** **** *** ***** ***********, ** ** *** ***** in ******* ** ** **** ******* ** **** * ***** decision ***.

****, *** ********** ******** **** *** ****** ******* ***********, ********** committees, ********* ********** ***********, *** **** *** ****-******, *** ******* returns **** *** ***** ******* ***** ****** ******** *** ***** returns *** *************.

***'* ******* ********* ** ****. ***** *** * *** ** elements ** * ********** ****, *** ********** ****** **** ** perfectly. ** *** ** ******* ******** *** ******. **** ******** on ******** ** * *** **** *********** *** ****** ** driver. *** ****** ***** *****, **** *** ****** **** *** new ******** ****** ********** ******* *** *****'* **** **** ****? Maybe/maybe ***.

*** * ****** ** ******** ********* **** **** **** **** under ** ***** ***. ** **** * ****** ***********:

**** ****** ********* **** ****: **** ******* * ***** **** of ******** ******** *** ******** **** **** ******** ****. (***** Lynch ******.)

**** ******** *** ********* *** ********* ********** ***** **** ** Google *******: ***, **** **** ***, ********, **. ***** **** explained ** ****** ***** **** ***** **********, *** ******* * dividend *** ********* ** ** ********* *** *** *** ****** a ***** ***. (******** ** *** *** ****** ******.)

**** ******** *** ******* **** ** ********* ** ******** *** businesses, ****** ********* *** ********* ***** *** ******** *** ***** their *** ************. **** ** ******** *** ** ****'* **** anything ****** ****. (******** ** **** ****** *** ***** ***** methods.)

**** ****** *** ****** *** **** **** **** *******, ******* out **** * *-* **** ******. ** ******, **** *** timing *** ** ******** **** **** ** **, *** *** main ***** *** ** ***** * ****** **** **** ***** repeat.

Undisclosed #1

In reply to Undisclosed #4 | 11/10/15 11:23pm

****** ***** ** *** ***** ******, ***** ********** **** *** a ****** ****** ** *******, ** *** ****. ******* ***** make ** ********** **** *** **** ******.

******* *** ******* ****** ** ******* ** ********** ****** ** a ********* *****. ***** **** ***** *** ******* ** *********** a ****-*** ****. *** ***, ******** **** *****.

*** *** ** *** ***********? *** **** *** **** **** can ** ****** **** *** *******? ** *** *** ****, I ***** ******* **** ******* ******* ** ****** *********** ****** into *** ******* ** ******* ***** ** ***** ****, *********** that **** *********** ***'* **** *** **** ** ******* ** do **.

******* **** ****** ***** ** * *** ** *** *** pop ********** ***** *** *****, **** ********** ** ** ** being ******at *** ***** ***** by casual individual investors? The dumb money, so to speak?

*'* ******** **** ****** ******** ** *** **** **** *** effectively ********** ** ************* ** ******.

** **'* *** ******* *** ***'*, *** *** ***'* ** have ******* ********** ************* ********** *** ** *****, **** ** they **** **** ************* ** ****.

********, * ***** ******** **** *** ********** ******** ** **** from ******** ********* **** *** ******, ** *** ******* ************:

********* ********** ***********, *** ******* ******* ****

*********** **** **** ** **** ** ******* **** *** ********* income ***** **** *** **** ** **** *** ******* *********.

* ***** *** * ***** **** ** ****.

** *****, *** *** **** ***** *** ******* ******, *** then *** **** ** **** ***** *** ******* ********.

***** ******** ****** ** ** **********.

Undisclosed #4

In reply to Undisclosed #1 | 11/11/15 12:51am

**** *** **** * **** *********** *** ********* **********. *** me *** ** **** *** ********** **** **** ********* ***********.

* ** ******* * **** ** ** ******** ********* ***** these ****, **** *********** ******, ** **** *****-****. *** **** summarizes ** *****-**** ****** ** *********** **** *****-**** *** **** leading ** * **** ******** ***** ****. *** ****** ** taught ** *** *********** ***, *********, ********* *** ********* ****** people *** ***'* **** **** **** ********** ** ***** *****.

*** ** ******* ******** ** ****? *** * ******* ******** website **** **** **** *** *********** ******** *********? *** * new ************ ******* ** * ******* ****** **** ** *****? Can * ******* ******** ****?

******** **** *******, ***** * **** *****:

"*** ****** ***** *** *** ********* ****** ****-********** **********... ** effectively ****** ****** ** ********* *** *** *** ******* *********. Then, *** *****, ** ****** **** ** **** ******* ***** boundaries *** ** *** ***... *** ***** ******** ******** ** you **** ** * *** *******, **** *** ***, *** tried ********* ***, **** ** *** ****'* **** **** *** were ***** *** **** ** *** ******** ******* **** ******* to ** **... *** ***** ** **** ** ***'* ****** know **** *** **** ****** ***. *******, ** **** *******, attitudes, ********, *** ******** *** ****** ********* ******* *** *** taking ** *** **********, *** *** ****** *****, *** *** exploring **** ***** ** ********... **** *** *** ** ******** and ************* ******** **** *** ********, **** *** ******, *** your ******* ** **** ******** ****** ** **** ****."

******* ** *** **********. ******* * ****** **** ***** *** optimistic ***** *** ***** ******. *** *** ****.

David Lieberman

IPVMU Certified | 11/11/15 03:20pm

"**** *** **** * **** *********** *** ********* **********."

** ********* ***!

****, * ********** **** ******** **** ********** ** **** ***, though *** *********** * ******** *****.

*-*, **** **** ******* ******** ** ********* *** **** *** shared ** **** **** ****. * ***** ** *** ** son ******* ** * *****, *** ** *** ** ********. He's * ******* ***.

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports on Sales

'Clowns' Allege Ubiquiti 'Completely Fraudulent' on Sep 20, 2017
A short seller has alleged Ubiquiti is 'completely fraudulent'. Ubiquiti's CEO has responded calling them 'clowns'. Here is the short...
Hikvision Launching Ezviz Pro on Sep 14, 2017
Hikvision is launching Ezviz Pro. In 2015, Hikvision expanded Ezviz, a direct to consumer offering, to North America. Now, Ezviz 'Pro' is...
LTS Hikvision Sales Challenge ADI on Sep 06, 2017
ADI is clearly #1 at running sales. But long-time Hikvision OEM and new Hikvision distributor LTS is coming on strong here. In this note, we...
Pelco CEO Is Out on Sep 05, 2017
Less than 2 years after taking the job, Pelco's CEO is out. Pelco's rollercoaster continues. In this note, we examine the move, share feedback...
Favorite SMB Camera Manufacturers 2017 on Aug 25, 2017
Small to Medium Businesses (SMB) have been hotly pursued by lower-cost entrants over the past few years. Nowhere has that been as strong a factor...
FLIR Restructures Security Division on Aug 22, 2017
FLIR's goal was once to have a single end-to-end security solution. However, FLIR's Security business unit has been struggling, with several areas...
Hikvision Europe Cutting Out Unauthorized End User Sales on Aug 15, 2017
The days of anyone buying Hikvision from anywhere off the Internet are numbered, at least in Europe, if Hikvision's plan comes to fruition. In...
Avigilon Profits Surge, Stock Jumps (Q2 2017) on Aug 10, 2017
Avigilon said earlier this year they would shift their strategy to maximizing profits. Now, they are delivering it and the stock market is...
Vivotek Acquisition Offer From Delta on Aug 10, 2017
One of the largest remaining independent video surveillance manufacturers has received an offer to become majority owned by Delta Group, a Taiwan...
Hikvision Releases Network Cabling on Aug 04, 2017
Hikvision's expansion continues. From cameras to analytics to thermal to intrusion to access to... network cabling. Hikvision explained: A...

Most Recent Industry Reports

Reseting IP Cameras - 30 Manufacturer Directory on Sep 22, 2017
Every camera has a reset button (well, almost) but it is not always clear what these buttons do, how long they need to be held, what settings they...
80+ OEMs Verified Vulnerable To Hikvision Backdoor on Sep 22, 2017
Over 80 Hikvision OEM partners, including ADI, Interlogix, LTS, and Northern Video, have been verified as having products vulnerable to the...
Genetec Launches Cloud Access Control (Synergis SaaS) on Sep 21, 2017
Genetec's cloud everything expansion continues, with their announcement of Synergis SaaS edition, joining their cloud video offering Stratocast,...
Genetec CEO Warns Against Insider Threats on Sep 21, 2017
With Dahua and Hikvision cybersecurity issues becoming indisputable, a new counter has emerged. Just put them behind a firewall, buy cheap...
New IPVM Calculator V3 Released on Sep 20, 2017
The New IPVM Calculator V3 is released. An entirely new architecture delivers the following benefits: Turbo The calculator is now ~50% faster in...
Automatic Door Operators For Access Tutorial on Sep 20, 2017
Opening and closing doors might sound simple, but it takes a high-tech piece of door hardware to pull it off. Integrating automatic door operators...
'Clowns' Allege Ubiquiti 'Completely Fraudulent' on Sep 20, 2017
A short seller has alleged Ubiquiti is 'completely fraudulent'. Ubiquiti's CEO has responded calling them 'clowns'. Here is the short...
Avigilon 'Blue' Cloud Entry Examined on Sep 19, 2017
Avigilon is moving to the cloud. The company announced their Avigilon Blue platform, designed to be a web-managed surveillance system, utilizing...
HID Buys Mercury Security on Sep 19, 2017
One of the biggest access control deals in years. Mercury Security, the most widely used access hardware OEM, and partner to 20+ manufacturers,...
Hikvision Backdoor Exploit on Sep 18, 2017
Full disclosure to the Hikvision backdoor has been released, allowing easy exploit of vulnerable Hikvision IP cameras. As the researcher, Monte...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact