DGSE Companies, Inc. (more familiarly known as Dallas Gold and Silver Exchange, Inc.) is an interesting stock play. I believe it has a strong upside and little downside.
DGSE, on its face, is not that exciting. The company buys and sells jewelry, bullion products, and rare coins to the wholesale and retail customers in the United States through its network of retail stores (It has 4 stores) and through an amazing array of web portals and landing pages (over 900 at last count). You can buy and sell gold, rare coins, watches and other precious metals through sites like DGSE.com, CGDEinc.com, SGBH.com, SuperiorPreciousMetals.com, SuperiorEstateBuyers.com, USBullionExchange.com, Americangoldandsilverexchange.com, and FairchildWatches.com.
If you took a quick snapshot of DGSE, you might wonder why I am so high on it. It is a low margin business, revenues are decreasing year-over-year and the company didn’t turn an operating profit in 2010. In their 10-K, management explained the decrease as “….primarily the result of a $3,082,000, or 22.0% decrease in rare coin
and jewelry sales. The decreases in rare coin and jewelry sales were due to a sluggish retail environment where there appears to be less interest in rare coins as compared to bullion related products.”
But, I am still bullish on DGSE and here’s why:
NTR – This alliance between NTR and DGSE makes all the difference for me in my opinion of the company. Without this alliance, I would not be interested in DGSE at all. Margins are too low, there’s too much competition and the company has underperformed over the past few years. That will all change with NTR! NTR Metals is a privately-held metals “market maker” as well as being a leader in bullion minting and industrial and commercial precious metals refining.
They were the white knight that came in and rescued DGSE when their prior equity partner and bander, Stanford International Bank, (part of Billionaire R. Allen Stanford’s failed financial empire) faltered in 2009/2010. Suddenly, DGSE had no financial partner and was in danger of being swallowed up in the mess. NTR came in and bought out Stanford’s equity (for a really good price) and then negotiated further equity agreements. NTR has notified management of DGSE that they are exercising their agreement to buy 1,000,000 shares of the company at $6/share which would give NTR control of the company.
The other thing to be aware of is that NTR is a major player in the refining, minting and sales of gold and silver bullion. That is a GREAT partner for DGSE. It especially makes their new venture even more attractive.
Bullion Express Locations – The majority of gold bought and sold for retail customers does not even reach the hands of the consumer. Most are kept “on account” with a reputable bank or depository. That is not the case with DGSE’s new retail concept. They call it Bullion Express. You walk in, buy your gold and walk out with it. Their first two locations in Dallas, TX and Woodland Hills, CA are expected to be very successful. Each store is capable of bringing another $25MM or $30MM of revenues to DGSE and with the ability of NTR to supply each location, should be highly profitable.
If these stores prove to be as profitable as management believes, then it is not out of the realm of possibility that DGSE could open up 20 or 30 Bullion Express locations nationally…….BECAUSE NTR has processing and refining locations in over 40 cities in the U.S.!
DGSE Chart
In my opinion, DGSE is not a chart play. It is a stock that has a very interesting future and it will be driven by news going forward. Having said that…..the stock does have a chart and it is illustrative of the positive impact on NTR.
After its most recent run-up, the stock has stabilized at current levels. NTR’s purchase of the controlling interest in DGSE (at $6) certainly puts in a strong support at the $6 level. An interesting fact to note is that NTR has been a consistent buyer ever since they became involved with the company. If you look at the insider transactions on Yahoo! Finance, you will see a steady pattern of buys from NTR. I just don’t see NTR as a seller in the weeks and months to come and that will give even more support to the stock.
Bottom Line:
The NTR deal is the “game changer” for DGSE. NTR, through DGSE, now has a public vehicle they can maximize for value….and, I think that is what they are going to do. It probably won’t be an overnight move, but I believe the direction for the company is up, up, up!
DGSE has to do a better job of getting the word out to investors and make sure they know just how different DGSE is. Gold and Silver companies like DGSE are, in many people’s minds, one step above pawn shops (in fact…DGSE used to own several pawn shops). This new Bullion Express and the NTR relationship could change that perception very quickly.
Have a great day in the market,
Jeffrey Dean
Disclosure: No positions
About InvestorSoup
InvestorSoup.com is committed to provide intelligent commentary and solid analysis of small cap stocks, micro-cap stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily on the underserved OTC stocks market, or ”penny stock” market, which has traditionally been shunned by Wall Street. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.
Disclaimer
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
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I was a believer once in Atlantic Wind & Solar, Inc. (AWSL.PK) and I think I am a believer again. I’ve liked the story ever since I heard about it….I even blogged it a few times on Investor Soup. It was a story stock (since it had no revenues or signed contracts), but it was compelling nonetheless. I liked the green energy angle, partnerships with quality companies like Cushman Wakefield and the guaranteed contract nature of the company’s relationship with the Ontario Power Authority (OPA).
Here is a short synopsis of AWSL: They partner with government agencies, corporations, associations, land and business owners, to install, service, manage solar and wind installations that can range from a single rooftop to a full parks.
AWSL ,however, hasn’t performed like I had hoped. AWSL could not sustain its trading momentum for the latter part of 2009 into 2010. The chart shows a steady decline since the highs of mid-2009 (in the $4.75 range). Several things hurt the stock: The much vaunted rooftop installation contracts with the Ontario Power Authority never seemed to get approved and several stock distributions brought the price down. Even more damaging was the bad publicity they got based on some stock promotions they did around that time….the most notorious of which was Penny Stock Chaser (PSC). Tim Sykes (read it here) picked up on the crap that PSC was doing (for which the owners were indicted and fined) and dragged AWSL through the mud along with them. AWSL wasn’t guilty of anything, but when Sykes is grandstanding it is hard to know what is true and what isn’t. However, I sold my holdings in 2010 and have been looking for the right time to get back in. Is now the right time? I still hold a few shares due to several stock dividends the company gave to shareholders in 2010, but could be buying back in.
I am putting AWSL back on my radar and suggest you do the same. Their news today was very promising and the fact they are addressing the OPA is a very good thing. The language from the PR sums it all up with AWSL “confirming that 26 of their initial Power Purchase Agreement applications, all applied for last year between June and December, have been successfully processed by the OPA and have moved into their final review queue, with expectations of being released in the next round of Capacity Allocation Exempt approvals.”
These contracts could mean hundreds of millions to AWSL and actually make them a real, revenue-generating, profitable company. With the award of these contracts, the company has the option of developing these sites or selling them off. Valuation is easy because AWSL has a 20-year guaranteed contract with the OPA. That could mean some big bucks for AWSL and its shareholders.
Here is a peek at the chart:
The chart is showing me the following:
The Bottom Line
AWSL seems the stock could be ready to awake from its long slumber. With the approval of the OPA contracts, AWSL becomes a very valuable company. The company has secured the financing it will need to execute on these potential installations……however, they can’t act on anything unless they are awarded. The biggest risk is if these contracts do not get approved. If that happens, this stock is headed down, down, down. I don’t see that happening.
Good luck and great trading,
Jeffrey Dean
Disclosure: Restricted Stock under previous stock distributions.
About InvestorSoup
InvestorSoup.com is committed to provide intelligent commentary and solid analysis of small cap stocks, micro-cap stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily on the underserved OTC stocks market, or “penny stock” market, which has traditionally been shunned by Wall Street. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.
Disclaimer
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company except as noted above; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
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Claude Resources, Inc. (CGR)
I came across a relatively unknown gold play called Claude Resources, Inc. (CGR). I have done my research and I think that it is worth taking a look at.
It is a producing gold mine with some very interesting development and exploration properties. You can do more DD from their excellent website.
Here is an financial abstract from their latest PR
Financial Highlights:
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December 31 2010
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December 31 2009
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Gold revenue ($ millions)
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56.0
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48.5
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Cash flow from mining operations ($ millions)
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24.6
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18.0
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Net earnings (loss) ($ millions)
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5.8
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(6.3)
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Net earnings (loss) per share ($)
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0.04
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(0.06)
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Average realized gold price (CDN$ per oz / U.S.$ per oz)
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1,273 /1,236
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1,112 /975
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Cash operating costs (CDN$ per oz / U.S.$ per oz)
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713 / 692
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699 / 613
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Working capital ($ millions)
EBITDA ($ millions)
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23.9
19.2
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28.5
11.7
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Very impressive!
A look at the Chart
I loaded the chart with all manner of indicators and overlays to see what I can come up with. There are some indications the stock is completing the right shoulder on a “head and shoulders” pattern. It is not a classic setup, but it might have some relevance to CGR. It also appears their is some bullish pressure on the stock: It is bouncing off of the bottom bollinger band (which could mean the move is to $2.71), the MACD has lost its bearish momentum and is approaching the “o” line, Stochastics are oversold, accum/dist is positive, etc…
Bottom Line:
CGR is a real company. With their recent $50 MM equity raise, profitable operations, promising exploration efforts…..I think CGR could be a winner for my members. The one negative I have on them is their capital structure. They have a large number of shares outstanding (not an obscene amount), but still a large number. If they continue to be profitable, I would like to see them do a buyback. A reverse split would be lethal to the stock…they must know that.
Here is what I am looking at for CGR:
Last Close: $2.38
Short Term Sell: $2.71ish
Long Term Sell: $3.00+ (if it can break and hold above the top bollinger band)
Good Luck and Great Trading,
Jeffrey Dean
Disclosure: No Positions
About InvestorSoup
InvestorSoup.com is committed to provide intelligent commentary and solid analysis of small cap stocks, micro-cap stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily on the underserved OTC stocks market, or “penny stock” market, which has traditionally been shunned by Wall Street. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.
Disclaimer
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
A very successful blog for me in 2009 was one that I did on these two companies. (Click here for blog) Back in June of 2009 (when the newspaper industry was teetering), I picked both Gannett Co., Inc. (GCI) and Lee Enterprises, Inc. (LEE) as potential long opportunities. Boy, was I right. Both returned HUGE gains for my members.
Both are looking like they might be at a good entry level again. Here is a quick chart analysis for my two past winners.
Gannett Co., Inc. (GCI)
GCI (The USA Today people) are in reasonably good condition and have made significant inroads in changing their business model to conform to the new information paradigm that exists in today’s marketplace.
Lee Enterprises, Inc. (LEE)
LEE has done a good job returning to profitability. They are on a mission to reduce debt and have reiterated their desire to clean up their balance sheet.
Be Warned! These companies are still in the newspaper business and with declining ad revenues and readership, both are facing many challenges ahead. LEE is making a concerted effort to get caught up on the electronic/Internet front and be much more of an player in that space. Their regional empire is a strength and LEE could see another run. GCI has already come back strongly, but could have farther to go. They are profitable and growing (once again) and have a strong balance sheet. Debt is high, but coverage ratios are strong.
Here is what I am looking at for entry/exit points
GCI
No recommendation….GCI is out of my specified investment range. I focus on stock under $5. It could be a very good trade, but I am not recommending it at this time.
LEE
Last Close: $1.99
Buy Opinion: $1.90 – $2.15 (Stop Loss trigger – $1.80)
Short Term Sell: $2.50
Long Term Sell: $4.00+
Good Luck and Great Trading,
Jeffrey Dean
About InvestorSoup
InvestorSoup.com is committed to provide intelligent commentary and solid analysis of small cap stocks, micro-cap stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily on the underserved OTC stocks market, or “penny stock” market, which has traditionally been shunned by Wall Street. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.
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Disclaimer
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Linktone, Ltd. (LTON) is everything mobile in China. They have a wide range of content and services they sell to other Chinese telecom companies and the general public. They provide “stuff” like ringtones and screen savers, streaming sports content , entertainment and music, games….you name it. ( see LTON weblink)
They are worth taking a look at for the following reason…..their cash per share ($2.41) is significantly higher than its most recent share price ($1.42) with NO DEBT. I do believe that balance sheets matter with companies in this niche.
On the revenues side, LTON continues to grow top line revenues and are seeing minor profitability. According to the company, they are on track to post positive operating results for the next three Q’s.
What also got my attention was the chart:
I would definitely put LTON on your small cap/penny stock radar. I am expecting good news from the company which could have a positive impact on the company. The company’s financial strength will give it the time it needs to execute on its plan. Even if they get acquired, that wouldn’t hurt the company…..expect a huge premium over their cash-in-the-bank.
Good trading,
Jeffrey Dean, Editor-in-chief
I love Penny Stocks because they are fun! And, because the potential for gain is so great. This is a list of penny stocks that are “in play” and you should take a look at.
Keep in mind that blogs are only part of what I do. I also send out periodic alerts on micro cap and penny stocks that I think can move. When you sign up for alerts from my site, you will receive stocks priced from 1 cent to several dollars. My focus is finding small cap and micro cap stocks that look like they are ready to move. Sign up today! A few weeks back you missed SECI which gained 170%. Lots of opportunity for gains on Investor Soup.
HE-5 Resources Corp. (PINK: HRRN) is up 43.94% to $0.0095 on very strong volume. (PINK:HRRN), ($HRRN)
Golden Spirit Enterprises Ltd. (OTC: GSPT) is up 292.16% to $0.100. The company has said that it is entering the alternative fuel market, announcing that it is in final negotiations with two separate companies to acquire their patented technologies. (OTC:GSPT), ($GSPT)
Options Media Group Holdings Inc. (OTC: OPMG) is up 26.14% to $0.0555 following today’s announcement that the company is in distribution agreement discussions with major retailers, wireless carriers and security software vendors. (OTC:OPMG), ($OPMG)
Genesis Electronics Group Inc. (OTC: GEGI) is up 30.00% to $0.130 following today’s announcement of a $5 million equity line of credit . The report said the company will use the funding to support the continued development and production of its high-technology products and operations. (OTC:GEGI), ($GEGI)
GoIP Global Inc. (PINK: GOIG) is up 82.81% to $0.0234. The company has announced that its subsidiary, GO800 LLC, is continuing to expand its marketing efforts after its market launch of GO800 on April 15. (PINK:GOIG), ($GOIG)
CHDT Corp. (OTC: CHDO) is up 25.00% to $0.0075. The company’s subsidiary has announced that it has received an opening order from a national specialty book store chain.(OTC:CHDO), ($CHDO)
Accredited Business Consolidators Corp. (PINK: ACDU) is up 27.69% to $0.0083. The company has released its redacted shareholder list on April 19, allowing shareholders to see a complete picture of the company’s share structure. (PINK:ACDU), ($ACDU)
IA Global Inc. (OTC: IAGI) is up 19.29% to $0.0167. On April 20th, the company announced the signing of a letter of intent to acquire 100% of JSK Fund Co Ltd , which owns 100% of Car Planner Co. Ltd. (OTC:IAGI), ($IAGI)
Hana Biosciences Inc. (OTC: HNAB) is up 14.29% to $0.264 following an announcement that a complete data from its pivotal Phase 2 trial of Marqibo in acute lymphoblastic leukemia have been accepted for an oral podium presentation at the American Society of Clinical Oncology 2010 Annual Meeting. (OTC:HNAB), ($HNAB)
IR Biosciences Holdings Inc. (OTC: IRBS) is up 11.48% to $0.369 following today’s announcement that it entered into a collaborative research agreement with NeoStem (AMEX:NBS) to advance stem cell technology. (OTC:IRBS), ($IRBS)
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DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
$JPM, $KLIC, $DCAI, $ADTN, $LLTC, $FLPC, $BGBR, $CYXN, $CCTR, $UBCI
Today’s stocks are an assortment of large cap, small cap and penny stocks My comments are highlighted by the quotation marks and I usually only comment on penny stocks (under$5).
Have you signed up for my “Souper” hot penny stock alerts? Several times a week, I email information out to my members about micro cap and penny stocks. Once you are signed up, you will receive information on stocks trading from 1 cent to several dollars. My focus is finding the best penny stocks that look like they are ready to move. Sign up today! I think you would have liked to trade ALME in March. It had a month’s run with cumulative gains of over 80%. That is just one example of how my members can benefit from my penny stock tips.
JPMorgan Chase & Co. (NYSE: JPM) $47.13 +2.75% JPMorgan Q1 earnings rise 55%, topping Wall Street view (NYSE:JPM), ($JPM)
Kulicke and Soffa Industries Inc. (NASDAQ: KLIC) $9.54 +21.37% Kulicke and Soffa reports stronger-than-expected Q2 revenues; forecast Q3 revenue above analysts’ estimates (NASDAQ:KLIC), ($KLIC)
Dialysis Corp. of America (NASDAQ: DCAI) $11.20 +71.78% Dialysis Corp. of America agrees to be acquired by U.S. Renal Care for $112 million (NASDAQ:DCAI), ($DCAI)
ADTRAN Inc. (NASDAQ: ADTN) $29.00 +6.17% ADTRAN Q1 earnings top estimates by 3 cents (NASDAQ:ADTN), ($ADTN)
Linear Technology Corp. (NASDAQ: LLTC) $30.51 +2.90% Linear Technology shares rise after reporting stronger Q3 profit; upgraded to Overweight at Barclays (NASDAQ:LLTC), ($LLTC)
First Liberty Power Corp. (OTC: FLPC) $0.730 +17.55% The company has announced its upcoming work program for the Lida Valley Nevada Lithium Prospect (OTC:FLPC), ($FLPC)
I like FLPC. A few weeks back I did an alert on this Lithium mining play and it performed well. It has fallen to a much more tradable range and could present some opportunities going forward. They announced $1 MM in financing which should give them some time to see what kind of potential their properties hold.
Big Bear Mining Corp. (OTC: BGBR) $0.970 +22.78% The company has announced it acquired a new group of claims in the Birch/Uchi portion of the Red Lake Mining Division (OTC:BGBR), ($BGBR)
BGBR is like gum on my shoe…… I can’t seem to get rid of it. BGBR is making news again and the market is liking the news. It cracked yesterday (like I said it would)! Read Friday’s Blog here.
China Yongxin Pharmaceuticals Inc. (OTC: CYXN) $0.600 +3.45% CYXN subsidiary selected as sole pharmaceuticals distributor for the Shenyang Military Region medical centers located throughout three of China’s northeast region provinces (OTC:CYXN), ($CYXN)
CYXN is a company that should belong on everyone’s watch list imo. The company is profitable, has a decent balance sheet and is pumping out good news all the time. I can only imagine that speculators shorted CYXN heavily to cause its latest drop, but the think the company has great prospects. Might be a good time to buy in.
China Crescent Enterprises Inc. (OTC: CCTR) $0.0217 -2.69% China Crescent Enterprises and Nova Energy to meet in China to execute next steps on plans to market Chinese technology products in East Africa (OTC:CCTR), ($CCTR)
CCTR continues to perform and I am still bullish on it. They are trying hard to win back traders and investors with some well planned PR’s. Today’s candle tells me that sellers tried to knock it down, but buyers dominated driving CCTR to a small gain. The MACD is strongly bullish and the stochastics are approaching overbought levels. This one may have a few more days uptrend in it.
ubroadcast Inc. (OTC: UBCI) $0.0130 -13.33% ubroadcast Entertainment Group has tapped industry veteran Jennifer Arcuri as vice president of its new Film Division (OTC:UBCI), ($UBCI)
MIPI, AAPL, MSFT, FAST, CPRX, TLB, BGNN, CCTR, FNXC, ZVTK
Whether driven by news, chart or promotions, stocks will move…like these stocks. These stocks showed up on my radar screen and I think are worthy of attention. They are a mix of large cap, small cap and penny stocks My comments are highlighted by the quotation marks and I usually only comment on stocks under $5.
Keep in mind that blogs are only part of what I do. I send out periodic alerts on micro cap and penny stocks. When you sign up for alerts from my site, you will receive stocks from 1 cent to several dollars. My focus is finding small cap and micro cap stocks that look like they are ready to move. Sign up today! A few weeks back you missed SECI which gained 170%. Lots of opportunity for gains on Investor Soup.
Molecular Insight Pharmaceuticals Inc. (NASDAQ: MIPI) $3.62 +141.33% MIPI shares surge on trial results (NASDAQ:MIPI), ($MIPI)
Boy, I love FDA approvals. So does MIPI. Looking at a year-chart tells you that MIPI might have farther to run. It is definitely not a short candidate….yet.
Apple Inc. (NASDAQ: AAPL) $241.97 -0.13% Apple upgrades its line of Macbook Pro laptops (NASDAQ:AAPL), ($AAPL)
Microsoft Corp. (NASDAQ: MSFT) $30.31 -0.03% Samsung Electronics announces plans to include Microsoft PlayReady technology in a broad range of its consumer devices (NASDAQ:MSFT), ($MSFT)
Fastenal Company (NASDAQ: FAST) $54.11 +4.26% Fastenal’s Q1 profit tops expectations (NASDAQ:FAST), ($FAST)
Catalyst Pharmaceutical Partners Inc. (NASDAQ: CPRX) $2.36 +24.87% CPRX enters into definitive agreement with the National Institute on Drug Abuse to conduct U.S. Phase II clinical trial for cocaine addiction (NASDAQ:CPRX), ($CPRX)
CPRX got a trifecta of good news with its news of the agreement with the NDA: financial assistance, government stamp of approval and logistical assistance. If this drug gets approved (somewhere down the road) it will be the ONLY FDA-approved drug for cocaine addiction. That is huge!
The Talbots Inc. (NYSE: TLB) $14.99 +4.17% TLB shares rising after earnings top estimates (NYSE:TLB), ($TLB)
B Green Innovations Inc. (OTC: BGNN) $0.0030 +57.89% B Green Innovations announces its environmentally conscious anti-vibration pad will debut on QVC TV (OTC:BGNN), ($BGNN)
An infomercial stock…yippee! Even though it is QVC, this company is very far from being a hit on QVC.
Expect this one to come crashing down and soon. Their product is all hype and their website looks like my 10-yr. old nephew did it. It is a sub-penny so all bets are off on this one. Be very careful with BGNN.
China Crescent Enterprises Inc. (OTC: CCTR) $0.0210 +35.48% China Crescent Enterprises announces it will hold a CFO Web cast to review its year-to-date financial performance on April 16 (OTC:CCTR), ($CCTR)
All I can add to this is the old maxim: “buy on rumor, sell on news”. The expectation is often greater than the reality. I expect CCTR to drop on April 16th. Call me cynical, but I have seen it too many times.
Fonix Corp. (OTC: FNXC) $0.0005 +25% (OTC:FNXC), ($FNXC)
This is a sub, sub-penny and highly volatile. The news is that they have signed a partnership with China Crescent Enterprises (see above). That could be huge…or maybe a precursor to being bought out by CCTR? Take a quick peek at FNXC’s balance sheet and you will run screaming.
Zevotek Inc. (OTC: ZVTK) $0.0055 +27.91% Zevotek announces it has hired a retail sales agency to take them to national retailers
I must admit that I love ZVTK. I have spoken with company management and they strike me as “stand up guys”. They are trying to build a company around a novel product – an air ionizer/light bulb that plugs in to your light socket. They are a one product company, but I love the buzz and hype that surrounds this stock.
The retail sales agreement announcement could be the “turning of a corner” that ZVTK needs to rescue it from sub-penny land. Stay tuned. I, for one, am rooting for them.
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DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
RRI, DCP, PALM, BHWX, WEL, AIG, DBTK, JAV, ECOB, BLUG
This is today’s list of stocks that are “UP” for the day. Whether driven by news, chart or promotions, I am sharing them with you to give you some trading ideas. My comments are highlighted by the quotation marks and I focus solely on stocks under $5.
Keep in mind that blogs are only part of what I do. I send out periodic alerts on micro cap and penny stocks. When you sign up for alerts from my site, you will receive stocks from 1 cent to several dollars. My focus is finding small cap and micro cap stocks that look like they are ready to move. Sign up today! Just this week you missed AGCZ which was up 420%….yeah, 420%
RRI Energy Inc. (NYSE: RRI) $4.48 +13.42% RRI Energy shares rise on merger news (NYSE:RRI), ($RRI)
The same blog that I had profiled PALM (see below), I profiled RRI (click blog link). I called my blog “making a silk purse out of a sow’s ear”. My premise was that these stocks were beaten down and did that make for a trading opportunity. I am proud that I gave RRI a “Buy”. I thought the company wouldn’t be down long. I didn’t know that it would merge, but still it is a solid company and this merger will only make it stronger.
DynCorp International Inc. (NYSE: DCP) $17.50 +48.98% DynCorp International to go private in a $1.5 billion deal with Cerberus Capital Management (NYSE:DCP), ($DCP)
Palm Inc. (NASDAQ: PALM) $6.08 +17.83% Palm hires investment bankers to get bids for the company-Report (NASDAQ:PALM), ($PALM)
In my last blog on Palm, I forgot to take into account the possibility that PALM could be sold. As a trading stock, it has little value…as an acquisition target, it has lots. Whoever buys Palm is going to have a mess to clean up th0ugh.
Black Hawk Exploration Inc. (OTC: BHWX) $0.590 +15.91% Black Hawk Exploration announces $1.2 million exploration plans for the spring and summer of 2010 on its Gold and Silver Dun Glen Properties (OTC:BHWX), ($BHWX)
One of my favorite alerts from 2009. It performed well for my members, but I remember thinking that this company could really be a player. They play the press release game well, they have an interesting story to tell, etc, etc…. It will be interesting to see if they can continue this momentum. The old wisdom of waiting for the second breakout might make sense here.
Boots & Coots Inc. (AMEX: WEL) $2.94 +24.89% Boots & Coots rising on acquisition deal with Halliburton (AMEX:WEL), ($WEL)
Not too much to report here. The buyout value has already been burned into the stock price. I will just miss that cool ‘Boots and Coots” name.
American International Group Inc. (NYSE: AIG) $39.57 +3.75% Treasury may lower stake in AIG, Bloomberg reports (NYSE:AIG), ($AIG)
Double-Take Software Inc. (NASDAQ: DBTK) $9.64 +10.65% Double-Take Software lowers Q1 guidance; receives unsolicited bid to be acquired above current trading prices (NASDAQ:DBTK), ($DBTK)
Javelin Pharmaceuticals Inc. (AMEX: JAV) $2.16 +61.19% Javelin terminates merger agreement with Myriad Pharmaceuticals; receives higher takeover offer from Hospira (AMEX:JAV), ($JAV)
The ship has sailed on this gain. The happiest people are those who had suffered with JAV while it limped along for the past 5 months. The stock is back to around its 52-week high.
EcoBlu Products Inc. (OTC: ECOB) $0.440 +28.65% EcoBlu shares rise following corporate update release (OTC:ECOB), ($ECOB)
This is a heavily promoted stock, but since “penny stocks don’t move without promotion”, I am inclined to forgive them. Watch to see if it can maintain its momentum. It has a long way to go to get back up to its price at the beginning of the year. They appear to have real products, real markets and real customers.
The stock is sitting on its 50-day MA (click on Stockcharts link) and lagging indicators are turning favorable.
Blugrass Energy Inc. (OTC: BLUG) $0.290 +48.72% Blugrass Energy enters into participation agreement with Petro Grande to commence drilling on two Canyon Sands locations (OTC:BLUG), ($BLUG)
Not the best ticker symbol in the world, but a solid company. They have a philosophy of going to wells and fields that are already producing. They want revenues and cash flow now…not later. An interesting little company. I am guessing they will give much of this gain back over the next few days. Be careful!
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DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
I am a huge proponent of alternative energy. Doing this job, I am privy to a great deal of information about the latest technologies and the companies that are on the “bleeding edge”. Some are very exciting and seem to represent the future. Most, however, will fail.
Without government subsidies and tax incentives, most of these technologies are not financially viable. However, we need to move forward with them because there will be a time that oil will run out or become so prohibitively expensive as to cripple the world’s economies.
Here are some alt energy plays – under $10
JA Solar Holdings, CO., Ltd. (Nasdaq:JASO) is a leader in the solar sector and is actually putting out some good news. They have upped their outlook at the other solar stocks are coming along for the ride. I do recommend that you take a look at their site….lots of info and a very well done site.
Will this bullish trend continue for JASO or is all the good news “burned in”? The stock is stalled at a resistance level. Can the buyers push it through.
FuelCell Energy, Inc. (Nasdaq:FCEL) issued some great PR today with the news of the approval of several contracts with the State of Calfornia (click this link to read).
Their really isn’t much chart action with the good news…you can see for yourself on Stockcharts: SC Link
LDK Solar Co., Inc. (NYSE:LDK) is riding JASO‘s coattails right now. LDK’s outlook isn’t anywhere as rosy as JASO’s, but the stock has rallied lately.
Evergreen Solar, Inc. (NasdaqGM: ESLR) is an American-based solar company with operations in Europe and China. Decent cash on balance sheet, high debt and substantial losses make ESLR a very risky proposition. Trading at a 52-week low could mean that a bounce is possible….if this support level holds. Or, it could mean that ESLR will push through and continue to go lower. An article on Seeking Alpha I read recently gives a ringing endorsement to ESLR (not sure I agree).
Pacific Ethanol, Inc. (Nasdaq:PEIX) is a troubled company. I wrote a blog back in early March saying that PEIX was sitting on a knife’s edge. I was right. PEIX fell off the knife and things aren’t looking good for a recovery.
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DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
MON, JCDA, BAC, AAPL, SPF, MSFT, EMAN, SNEY, BEDA, TADF
Monsanto Company (NYSE: MON) $69.01 -1.13% Monsanto reports earnings miss; warns won’t meet previously announced financial targets (NYSE:MON), ($MON)
Jacada Ltd. (NASDAQ: JCDA) $1.80 +21.63% Jacada enters into material agreement with a large U.S.-based provider of digital TV services (NASDAQ:JCDA), ($JCDA)
Bank of America Corp. (NYSE: BAC) +18.72 +1.23% Barclays analyst raises its 2010 EPS estimate for BAC (NYSE:BAC), ($BAC)
Apple Inc. (NASDAQ: AAPL) $241.10 +0.65% USPTO publishes 16 newly granted Apple patents-Report (NASDAQ:AAPL), ($AAPL)
Standard Pacific Corp. (NYSE: SPF) $5.09 +7.61% Standard Pacific shares rise on Cramer’s positive sentiment to the company (NYSE:SPF), ($SPF)
Microsoft Corp. (NASDAQ: MSFT) $29.46 +0.48% Microsoft unveils Microsoft Dynamics CRM for nonprofits and nongovernmental organizations (NASDAQ:MSFT), ($MSFT)
eMagin Corp. (OTC: EMAN) $4.38 +4.29% eMagin showcasing its advanced OLED microdisplays at the SPIE Defense, Security, and Sensing 2010 Symppsium (OTC:EMAN), ($EMAN)
Sunergy Inc. (OTC: SNEY) $0.0400 +14.29% Sunergy provides update on its petroleum supply efforts in Ghana (OTC:SNEY), ($SNEY)
Bederra Corp. (OTC: BEDA) $0.0018 +38.46% BEDA shares soar on strong volume surge (OTC:BEDA), ($BEDA)
Tactical Air Defense Services Inc. (OTC: TADF) $0.0038 +35.71% TADF shares up on higher volume (OTC:TADF), ($TADF)
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DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
RIMM, JBLU, JOSB, ISCO, HEAT, HON, ZZ, ATSG, MU, RAD
Research In Motion Ltd. (USA) (NASDAQ: RIMM) $73.97 -1.26% RIMM’s quarterly results fall short of analysts’ expectations (NASDAQ:RIMM), ($RIMM)
JetBlue Airways Corp. (NASDAQ: JBLU) $5.58 +1.45% (NASDAQ:JBLU), ($JBLU) JetBlue Airways form partnership with American Airlines to offer direct connections through New York and Boston
Jos. A. Bank Clothiers Inc. (NASDAQ: JOSB) $54.72 +5.80% Jos. A. Bank Clothiers Q4 earnings, sales top estimates (NASDAQ:JOSB), ($JOSB)
International Stem Cell Corp. (OTC: ISCO) $2.26 -11.02% ISCO subsidiary signs distribution agreement with Veritas Corp. to distribute its human cell culture products throughout Japan (OTC:ISCO), ($ISCO)
SmartHeat Inc. (NASDAQ: HEAT) $10.74 -14.22% SmartHeat earnings fall short of estimates (NASDAQ:HEAT), (NASDAQ:HEAT)
Honeywell International Inc. (NYSE: HON) $45.27 +0.71% Analysts boost price targets on HON after strong Q1 guidance (NYSE:HON), ($HON)
Sealy Corp. (NYSE: ZZ) $3.49 -4.38% Piper Jaffray reiterates “Overweight” on Sealy; ups price target to $5
Air Transport Services Group Inc. (NASDAQ: ATSG) $3.34 +44.81% Air Transport Services subsidiary ABX Air has entered into a new five-year agreement with DHL (NASDAQ:ATSG), ($ATSG)
Micron Technology Inc. (NASDAQ: MU) $10.37 -3.89% Micron Technology turns a profit in Q2, helped by higher DRAM sales (NASDAQ:MU), ($MU)
Rite Aid Corp. (NYSE: RAD) $1.50 -11.24% Rite Aid shares decline on Q4 results, weak outlook (NYSE: RAD), ($RAD)
Advanced Battery Technologies, Inc. (Nasdaq:ABAT) is a powerhouse. I read somewhere that 97% of all Lithium-Ion batteries are made outside of the United States…mainly in Asia. ABAT is one of the reasons. They are phenomenally profitable and have a ROCK SOLID balance sheet. The only negative I see is the short interest (15.1%) is high. I think that ABAT could squeeze any shorts it wants…it is that strong.
Capstone Turbine Corporation (Nasdaq:CPST) is, according to the company, the world’s leading producer of low-emission microturbine systems, and the first to market with commercially viable microturbine energy products. What CPST hasn’t been able to do yet is make a profit. I am not putting them down…It is the truth. They have a strong balance sheet, market penetration and a well-known industry presence. They have a good chance of making it.
The stock itself had a strong runup from June through August of 2009 and has traded sideways since then. It has traded in a wide range (from $1.10 to $1.60). It is now trading at the lower middle of that range.
Generex Biotechnology Corporation (Nasdaq:GNBT) has a very avid following amongst penny stock aficionados. It is a constant topic on the boards I monitor and has traded with great volatility for the past year.
Just last week, the irascible Adam Fuerstein from the Street.com, caused GNBT to rise up in righteous indignation at some of the allegations that Adam made about them. It made for interesting reading and good penny stock theater. GNBT’s strongly worded response actually helped the stock spike…but since then it has continued a bearish trend. Everyone, including myself, are always nervous about Pharma because of all of the variables: FDA, Funding, Markets, etc… However, I think that GNBT has a good chance to succeed. Growing revenues (still large losses) and a strong balance sheet makes GNBT a safe bet to be around for awhile longer. The stock is on a downtrend right now, but a bounce could be coming.
I know, I know…I am “all over the place” today. My only defense is that these are stocks that interest me right now.
Melco Crown Entertainment Limited (Nasdaq:MPEL) has broken its recent trendline and should be avoided IMO. With the recent news that the Macau Government has put limits on table games on its island, MPEL, understandably, dropped. It is still a long way off from its 52-week high of $8.45 set in September of ’09….and, I don’t think it will be making another run at that soon.
Have a great trading week!
Jeffrey Dean, Editor
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DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
I must admit that I am an alternative energy junkie. I love all things alternative: I love the almost infinite variety of wind, solar, biofuel, CO2 to gas technologies that are out there. Each one of them is exciting on its own merits and each has a claim to be “The One” that makes it to the next level. Could RZ be one of the winners?
Raser Technologies, Inc. (RZ – NYSE) is (from RZ’s website) an environmental energy technology company focused on geothermal power development and technology licensing.
RZ has two divisions:
RZ is making only nominal revenues with large losses every quarter. Looking through their website, press releases and 3rd party articles on them is impressive. They really appear to have some great technology and prospects. The Evergreen Clean Energy LLC joint venture seems to hold great promise. Read the release here. Evergreen, a newly-formed alternative energy fund, has agreed to fund several RZ geothermal projects in the U.S. The recent news of the appointment of a new CEO, Nick Goodman, didn’t do much for the stock, Mr. Goodman seems to have a solid resume and could be just the guy that the company needs….time will tell.
But, since we live in the real world, let’s talk RZ as it stands right now. RZ has, according to its own balance sheet, maybe two quarters of life left based upon the present cash burn. The liquidity ratios stink and the company has a great deal of debt (more than it can comfortably service along with huge R & D expenses each Q).
The chart, on its face, doesn’t offer much hope either. The prolonged bearish slide doesn’t appear to be slackening. Or does it? Candlestick chart analysis gives us some insight into the chart. Most of the sticks during this decline were long bodies or Maurbozo’s (in a declining chart, that means that sellers ruled). Buyers put little resistance and the stock was bid down every day significantly. Except, that is, for the last two days. We are actually seeing tails develop on the candles which means that buyers and sellers are struggling over the stock. In fact, yesterday’s candle shows that the sellers drove it down, but the sellers brought it back up to close near the top of its trading range. The key for RZ is to watch for confirmation that the sellers are getting “exhausted” and that the buyers are coming back in. The oversold stochastics is an important indicator, but until the MACD intensity diminishes, the stock could continue to fall.
Here is my annotated chart:
Any good news could really send this one soaring. I recommend that traders watch this one and keep it on the radar. Technology-wise, RZ appears to be a “good horse to back”. If they can get some financing for general operations and if the Evergreen deal comes through, this could be a HUGE winner.
Lots of variables, though…..
Good luck and good trading,
Jeffrey Dean
I did a screen for small cap stocks on a losing streak of over 7 days and came up with several Junior Gold stocks: Golden Star Resources, LTD (GSS) and Apollo Gold Corporation (AGT). One is a company that I would suggest putting on the radar and the other is one that I be very cautious with.
Part of the reason that these companies are here is because of the slide in the price of Gold. Once gold resumes its upwards momentum, stocks like these could become supercharged
Be careful with Apollo Gold
Apollo Gold is a junior miner that is increasing revenues incrementally, but not making any money while doing it. Their losses, through 3 quarters, is almost $38MM. I realize that a great percentage of that are paper losses from writedown of assets in 2009. Then, the theory goes, if they have a strong balance sheet things should be o.k. Unfortunately, they don’t have a strong balance sheet. They have lousy liquidity ratios and long-term debt that is due and payable and has been accelerated. Things are so bad that the company has put its 50% interest in the Montana Tunnels Mine property up for sale.
Here is the chart with my annotations:
I would never suggest holding AGT long-term, but you can play the volatility. This is not a stock for the faint of heart.
A Golden Star?
Like AGT, GSS can show a steady climb since December of 2008 when it was trading for only 50 cents. GSS is significantly larger than AGT and could book over $350MM in sales for 2009. However, they are showing losses quarter over quarter, too. Their balance sheet is not pristine, either. Their ratios are better, but GSS has taken on a great deal of debt. The company is trumpeting the fact that 2009 was their best year ever, but they need to continue to increase revenues and get a handle on expenses for the investing public to be convinced.
GSS should be watched to see if it continues to decline and touches the next support level. I don’t think it will. Seller exhaustion may have set in and prices could rise.
Both companies, I can only imagine, are hoping and praying that Gold prices come back. And, it is not like gold prices have crashed, either. The spot price at 10:33 a.m today as I was writing this was $1,098.55. But, in the mind of traders and investors, gold prices are “DOWN”.
Both are good radar stocks and could run on news specific to the company or about gold in general.
Good luck and good trading,
Jeffrey Dean
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DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
China did not have a good week last week. The overall market stunk and China really got hammered. One of those stocks getting hammered was GC China Turbine Corporation (GCHT).
However, GCHT didn’t stay hammered. It rallied strongly the last two days of last week, but it still at an attractive entry point (IMO).
GCHT is a licensee and manufacturer of a proprietary two-bladed wind turbine. Their initial product is a 1 MW turbine that has been a “hot-seller” for the company (according to the company that is). It is much different that last week’s wind power blog topic, Helix Wind (HLXW). GCHT is doing utility grade turbines that are being purchased by utilities and regional governments in China.
What is exciting about GCHT is not contained in its historical financials….it is in their press releases. The company didn’t deliver its first turbine until the 4th Q of 2009, but they are on an accelerated pace. They are estimating revenues and profits of $19.6 MM and $1.5MM respectively. That is after ZERO revenues the previous 3 Q’s. The release (read it HERE) goes on to state GCHT is forecasting initial orders of 160 wind turbines, worth in excess of US$135 million and a 2010 revenue forecast of $87MM. The release went on to state that the product line will expand with the addition of $2.5MW and 3.0MW wind turbines.
Here is the chart so you can see what I am talking about:
GCHT is at a crucial juncture…If it can penetrate resistance at around $2.90 and hold above there, I could see it running and retesting the 52-week high of $4.07. The news is certainly positive for the company and it appears to be heading in the right direction.
Good luck and good trading,
Jeffrey Dean
I search high and low for stocks of interest to share with my readers and some days I don’t blog because I don’t find any. This week is a case in point. I didn’t find any likely companies until this morning when I came across Oil Sands Quest, Inc. (BQI).
BQI is engaged in aggressively exploring Canada’s largest contiguous oil sands land holding, which is located in northeast Alberta and northwest Saskatchewan.
This is a pure speculative play on an oil and gas exploration company that hasn’t made “dollar one” yet and has had losses for as far back as I can go. What they do have is some interesting properties with MASSIVE potential (according to the company) AND the amazing ability to raise capital seemingly at will.
The company just announced another successful private placement that raised $10.2 Million at a price of $1.05 per share. That is on the heels of 2009′s raise of $29.8 Million @ 83 cents per share. So, I see a oil and gas company that can raise money when it wants and at successively higher valuations. My experience is that the reverse is usually true for exploration companies. That is a huge vote of confidence for BQI.
What is also compelling are their estimates of the reserves that are contained in the over 1.2 Million acres that they own or lease in the Alberta and Saskatchewan Provinces. In a report issued in late 2009, the company’s high estimate for its Axe Lake, Raven Ridge and Eagles Nest properties was in excess 19 Million barrels (P90 and P50). That is a lot of oil.
The chart is also compelling….see the annotations below
With cash in the bank of over $46 Million and no long term debt, it appears that BQI has the financial wherewithal to make their dreams a reality. Investors seem to be buying their story and I am pretty convinced too.
Good luck and good trading
Jeffrey Dean
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DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
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Reading a chart is sometimes like telling fortunes by reading tea leaves. You may have a rare insight into a person or a situation by reading the leaves….or, you could just be full of crap!
I don’t think I am full of “it” when I recommend my members take a look at Microvision, Inc. (MVIS). As recently as two months ago, the company’s stock hit a 52-week high of $5.75. The stock couldn’t maintain its momentum and began to give most of the gain back and then recently announced a discounted equity offering that “finished ‘em off”. It is a good thing to raise capital, but MVIS set the price for the stock with an offering priced at $3.00 (all to one institutional investor, by the way) and that predictably drove the price to that level. It has recovered slightly, but still hovers around $3.19 as of Friday.
MVIS, especially with the latest capital raise, will have a strong balance sheet. Even before this raise, the balance sheet was in good shape: Good ratios, little or no debt, cash-in-the-bank, etc… However, they are going to need every dollar with the burn rate that they are experiencing. Great technology, but markets are only just beginning to be tapped and they are still in a big R & D push.
MVIS, the company, offers a technology platform that enables next generation display and imaging products. Their main markets are displays in vehicles, projectors, wearable displays and bar code scanners. I recommend that traders check out the MVIS Website. They have some cool technology that they think will be the standard in the years to come.
I also like the chart. The stock has taken its beating with the bad news (to traders) about the capital raise and the technical indicators are looking more favorable.
MVIS is a good radar stock, IMO. The stock should be avoided for any break below the $3.05 range, but I don’t believe that it will break down. The fact that an institutional investor is willing to pony up $9.3 MM for stock in a company that doesn’t make a profit, but has nice technology (and 115 patents at last count), is pretty impressive.
Long term this might be a good stock to own, but since I live in the short-term world….look for a ‘pop” in the near term.
Do your due diligence, but I like what I see with MVIS
Good luck and good trading
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DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
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I was doing some sector research tonight and came across a company that has a VERY interesting Chart: Iridex Corporation (IRIX). It just hit a 52-week high yesterday of $3.34 and the rise has been very steady and very strong over the past month. Trading off a base of around $2.20, it has offered patient investors a one-month gain of over 50% and a 52-week gain of 227%.
And, what is not to like about IRIX? It is turning a profit, has cash-in-the-bank, has manageable debt and good coverage ratios. As a recovering CPA, I actually am very impressed with the company. Investors seem to be, too. For a small cap (around $25MM) and tiny float of around 5.9 million shares, IRIX has really performed.
Iridex, the company, is a a global leader in developing, manufacturing, and marketing innovative and versatile light-based medical systems and delivery devices. They offer laser based solutions for multiple specialties including Aesthetic Medicine, Ophthalmology, Veterinary, and Otolaryngology.
My question is when will the stock chart crack? I am seeing a chart that is very overheated, has seen tremendous (for it) buying volume over the past month (i.e. rarely a down day). See the chart for yourself:
This is a low-volume stock that has had a very prolonged run. Will it crack? I don’t know, but it bears watching. The low volume and small float is worrisome to traders like me (I never like to get caught in a stock). So, be careful.
There are two ways to play this stock: 1. Short – look for the break below the 50-day MA or weakness in the MACD or, 2. Long – This stock is building an audience and buyers are believing in management and its prospects are looking too good.
If I was a betting man (I guess I am), I am thinking that IRIX should be watched for a near-term correction.
Good luck and good trading
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DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
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Intellicheck Mobilisa, Inc. just rolls of the tongue….doesn’t it? Nope! I am sure there is some great reason for such a clunky name, but that really doesn’t matter. As a trader I am most concerned about how I think the company will do as a short-term trade. And, I think that Intellicheck Mobilisa (IDN) might be a very good trade.
The chart indicates a company that is in decline (stock price wise). See for yourself:
IDN is a profitable company, with money in the bank and growing revenues (year over year). It has relevant technology to today’s security conscious world. In fact, here is a short overview of what the company does that I took from its website:
IDN is a leading technology company in developing and marketing wireless technology and identity systems for various applications including: mobile and handheld wireless devices for the government, military and commercial markets.
Products include the Defense ID systems, an advanced ID card access control product that is currently protecting over 50 military and federal locations and ID-CHECK a technology that instantly reads, analyzes, and verifies encoded data in magnetic stripes and barcodes on government-issue IDs from approximately 60 jurisdictions in the U.S. and Canada to determine if the content and format are valid.
IDN provides total package security systems for access control to protect airports, government and commercial buildings, military installations and other critical sites as well as for first responder initiatives.
You can view the full website by clicking HERE.
The major fly in the ointment that I see currently is an antitrust lawsuit that has been filed against the company for its Defense ID product. According to the company and to the people on the boards I monitor, the lawsuit is baseless. I am not an attorney, so don’t take my word for it. I can’t see any other strong or compelling reasons why the stock has lost so much value, so quickly.
I do notice that their is little buzz about IDN on the boards, meaningful/exciting news has been absent lately from their PR’s….maybe people are just bored with it. Maybe investors are looking for better places to put their money. Volume is light (30K shares/day average) and a month ago 11.3% of the shares were being held short. The shorters got what they wanted. Could it be time to go long?!
IDN is worth taking a look at. With a 52-week high of only $2.10, IDN could be an early Christmas present for the savvy trader. Be aware that the trend is still down. I never try to call the bottom on a stock, but I like the fundamentals on IDN.
Good luck and good trading
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DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.