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New variant already in Europe...
"In Belgium, one sample was confirmed as the novel B.1.1.529 variant (in a returning traveller from Egypt (11/11); first symptoms on 22/11)."
In Belgium, one sample was confirmed as the novel B.1.1.529 variant (in a returning traveller from Egypt (11/11); first symptoms on 22/11).
— Marc Van Ranst (@vanranstmarc) November 26, 2021
IMMR - Found this from a few weeks back... price action head scratching... or not.
Immersion downgraded to Neutral from Buy at Colliers
Colliers analyst Derek Soderberg downgraded Immersion to Neutral from Buy. He can "no longer justifiably reach a level of confidence" to support a Buy given what he calls a combination of "deteriorating transparency from management, uncertainty around the long-term IP portfolio, a slower Automotive ramp and head-scratching equity offerings," Soderberg tells investors. He was surprised to see Immersion report earnings post-close Wednesday without prior notice of an earnings release date, but "more so that no conference call was held to discuss the quarter" and that management was unwilling to discuss the quarter with him post-earnings, the analyst noted.
BBOTCS : Don't want to sound sexist but "Back in the stone age", being a housewife and taking care of your children wasn't an insult to your dignity...
"60 years since Europeans got kicked out of Sub-Saharan Africa and every country there is worse off than before."
"60 years since Europeans got kicked out of Sub-Saharan Africa and every country there is worse off than before."
you clearly have no idea what you're talking about...
Anybody ever heard of this guy?
https://cointelegraph.com/news/billionaire-carl-icahn-says-he-may-drop-up-to-1-5b-into-crypto/amp
Article speculating that if he's talking about doing it,... he already did.
GS sees crypto as a new asset class here to stay, I'm inclined to believe them. Blockchain is the future of finance.
GROW - $5.8 pre-market on ETH debacle... what about those 80c normalized EPS and $3 cash and investments... What about JETS etf and TSA numbers up up and up...
GROW - Some perspective from a Seeking Alpha contributor on his personal blog...
https://www.retailsedge.com/post/market-turmoil-reassessing-current-holdings-part-1-grow
In the meantime, TSA numbers keep going up... Ethereum back at $4k despite Tesla psycho-CEO rants... gold and inflation (you know the story)...
SNFCA - below $9... $2.88 EPS, am i missing something?
SGRP - bought some at $1.58. Not much but still holding.
ATNX - bought a small position - swing play. Held $3.9 yesterday. $100M+ revenue, market cap around $400M. Was trading above $10 a month ago before receiving CLR from the FDA basically requesting them to rerun their ph3 trial in the US instead of latin America.
NATR - Blew up revenue and EPS this year, 2021 should be nice to them as more people start to understand that their biggest asset is their health.
Special Divi already distributed and share buyback in place.
CC was optimistic, I intend to hold for quite some time.
Short term portfolio --> 100% cash. Switch to swing trades mode. The trend is your friend as they say and here, there's absolutely no trend.
Clueless administration. Too much talks and not a lot of action as if we're still in campaign mode. Every dumb rep has an opinion on who to tax first as if they had scores to settle.
Never thought I'd say it but how I miss mister T.
LMB - They were bullish (opportunity to increase sales prices and margins...) in the last investor conference they participated to and reiterated the fact that they would continue prioritizing bottom line over top line when it comes to revenue. They could grow revenue to 1 billion dollars if they wanted but why do that if you loose money on half your projects like they did in the past.
The CC will decide where we go from here IMO.
Status on the $40m writedowns will be interesting. The Refi, the warrants conversion,...
Now of course, CEO messed up in the past so he can of course mess up in the future, but this time he has a good CFO and COO around him IMO so I still remain bullish... at keast until 9:00AM this morning.
LMB - these 69c estimates were there before the dilution and the refi if I'm not mistaken. Doesn't take into account warrants either. Correct me if I'm wrong
LMB - Below $11. With the Refi and an improving economy in the second part of the year, is there a world where they could be making less than $1 EPS?
LMB - Trading volume so weak. Just continues drifting lower 24h before earnings release.
"Sell-side analysts are expecting Limbach Holdings's loss per share to be near $0.01 on sales of $135.60 million. In the same quarter last year, Limbach Holdings reported EPS of $0.13 on revenue of $138.86 million."
Can't wait for 2021 guidance.
OT - When you look at the European coverage of social issues in the US, you'd have to believe that the US of A is an apartheid country run by the nazi party (at least when Trump was the president, now I'm waiting for the Nobel committee to give the Peace prize to Biden for how nice his last speech sounded).
Not saying everything is rosy in the States, we obviously all have our own issues but still waiting for France, Germany or the Netherlands to have a black president/Prime minister...
The most important things we need to teach our kids is "critical thinking".
LMB - Remember 1MainCapital?
Not bad for $LMB pic.twitter.com/oh6WNAAZ3P
— Yaron Naymark (@1MainCapital) March 11, 2021
OT - LOL Canada would never let that happen...
LMB - Jeremy blum lower in the comments: " Don’t forget the $2+ million of debt amortization that goes away too. It was shown as interest expense. Unlike goodwill amortization, that was real as it increased debt. Total improvement to earnings about $7 million"
LMB - Some interesting posts and discussions on SA , especially those involving or from Jeremy Blum:
https://seekingalpha.com/news/3660356-limbach-readies-stock-offering
"The company said the refi will reduce cash interest by $4 million per year. That understates the savings. It will also eliminate a $2 million+ debt amortization. The savings is over $6 million per year. That's over $0.75 EPS more per year."
Isn't that more than they did in entire 2020?
LMB - rebounding multiple times on the $12 floor... if you have half an hour, are interested in the company and haven't seen it yet:
CEO presenting at NobleCon17 - Noble Capital Markets™ Seventeenth Annual Investor Conference Presentation - January 19th, 2021
https://noble.mediasite.com/Mediasite/Play/b7654193d0dd4f179bcbbfef949551c31d
Will help you understand why they raised money ("big uptick in opportunities", "acquisitions... ...after refi is completed") and did the refi (well this one was obvious).
Completely forgotten and overlooked... almost 2PM and only $300k traded today lol.
LMB - This $4M represents 40c of earnings before taxes. Not negligeable for a stock trading at $12 and that is expected to win big in the post covid period. So many buildings to upgrade and so much free money falling from the sky...
Bought 2K shares at $12.6.
CTHR - Wait for post-covid wedding season to start and we'll see fireworks...
Adding CTHR at $2.03. EOM.
BBGI - Adding at $2.6. Positive earning conf call. No brainer. eom.
BBGI - eps 38c for q4. Trading at $2.6 as of yesterday close. Looooool.
ADS - insider buying... maybe will motivate some robinhooders...
ADS - Bought 500 shares around $68. Trading at floor level. No reason for it to break below when you read the earning call transcript IMO as long as markets don't implode. If you see something fishy, please let me know...
"all that is going to contribute to the double-digit growth as we move forward. And in my view that is high single digits, double-digit growth, what you can expect from us on an ongoing basis given the investments that we have made in 2021 and the execution of those investments and our new digital platforms."
TRCH - this oil company is merging with a canadian clean tech company in the coming month. They're exiting the energy sector and are selling among other thing their lease on 134000 acres in the permian basin (orogrande). the proceeds will be distributed as a special divi to the shareholders.
Here's what I could find on the valuation of these lands:
https://www.streetwisereports.com/article/2019/06/25/torchlight-drops-a-bombshell-for-shareholders.html
Seems optimistic but would love to hear your opinions guys...
PS: the article was written in 2019, before the pandemic and oil prices crashing.
PS2: They need to be debt free before the merger so debtholder have accepted to convert their debt into shares which seems pretty bullish.
PS3: heavy insider ownership.
And what if I told you that market will turn green later today...
Anybody following TRCH (oil company)? they're merging with a canadian private company and they will distribute a special divi based on the sales of the land they "own"... Having some difficulty trying to value them but the momo and fomo crowd are already on it...
CTHR - climbing one step at a time... a pity I didn't buy more in the $1.2 range
Nope - market doesn't care. Now if they decide to walk on Wall Street that would be a different thing...
3 to 4k deaths a day... each and every day... do you see the "market" blink?
Inflation and Fed policies... only thing that matters to people making money (literally or figuratively).
WTF America!!!!!
Thanks for the info EOM
ARPO - trading at .96 with more than $1 in net cash and grants from DOD. Reported "Statistically Significant Topline Results from Razuprotafib Glaucoma Phase 2 Trial" about 2 weeks ago...
Primary endpoint achieved with twice-daily dose group at 28 day time point versus latanoprost control group when apparently they expected this positive result with a single daily dose. Still don't get the bad reception of that news though but I'm not an expert...
It dropped from $2 to $1 on that news.
Also in pipeline:
"Our two ongoing clinical trials of razuprotafib in COVID-19 patients continue to progress with patient enrollment and dosing. If successful, these trials may open the door to treating ARDS across a broader array of infections. We remain on track to provide additional updates on these Phase 2 clinical trials in the first half of 2021."
My guess is it should rebound to at least $1.3 soon... the tax-loss selling didn't help until now.
Sitting tightly on a bunch of shares at $1.00... and waiting...
TCCO - Does the madness have an identifiable pattern? is there a way to foresee the next frenzy? This one was down big after reporting yesterday... so nothing to do with fundamentals... I guess... Bugged algos going nuts?
I feel like a lion chasing through a pack of running gnus but can't decide which one to focus on and eventually getting none...
There's no way to tell these companies are completely legit. Everything can be bought in China even banks statements. You still should look at that documentary, very interesting. Only thing you can trust is what they report to the chinese government... in chinese and that often isn't public.
And you're always one shorts hit piece away from losing half your 'investment".
Anyway, good luck to you