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Hi Muell,
I use Stockcharts.com for alot of my scans, i am using their Extra srvice right now, this enables me to set my own TA filters,but if nothing shows up on them, i will use their free pre-designed scans, which often will give one plenty of stocks to research, and usually you can find a few winners, if not many. But it can be quite time consuming! Often you can end up with a huge list to start with.
Here,s the link for pre-designed scans. Have Fun!
http://stockcharts.com/def/servlet/SC.scan
Kmart (KM) files for BK:
Might be worth keeping an eye on IMO!
CHICAGO, Jan 22 (Reuters) - Kmart Corp. <KM.N> on Tuesday filed for bankruptcy protection, the largest retailer ever to do so, after a dismal holiday sales season and stiff competition from rivals Wal-Mart Stores Inc. <WMT.N> and Target Corp. <TGT.N> left the company strapped for cash.
The second-largest discount retailer, which began business as a "five-and-dime" store in Michigan in 1897, said it had secured $2 billion in debtor-in-possession financing, which allows the company to operate while it is reorganizing. Kmart said its 2,114 stores continue to operate as the company restructures, but the future of all stores was under review.
"We are determined to complete our reorganization as quickly and smoothly as possible, while taking full advantage of this chance to make a fresh start and reposition Kmart for the future," Charles Conaway, Kmart's chief executive officer, said in a statement.
The 105-year-old retailer, which filed for bankruptcy in U.S. Bankruptcy Court in Chicago, said it hopes to emerge from bankruptcy in 2003.
Shares of Kmart fell to 68 cents in early trade on the New York Stock Exchange, down 61 percent from Friday's close. U.S. markets were closed on Monday for the Martin Luther King holiday.
Kmart, the No. 2 discount chain behind Wal-Mart, had been in talks with its lenders to seek additional financing and is expected to report a loss for fiscal 2001.
The company said its decision to seek bankruptcy was based on several factors, including a rapid decline in its liquidity resulting from Kmart's below-plan sales and earnings in the fourth quarter, the evaporation of the surety bond market and an erosion of supplier confidence.
On Monday, Fleming Cos Inc. <FLM.N>, a major U.S. distributor of grocery products and Kmart's sole grocery supplier, suspended shipments after Kmart failed to make a regular weekly payment.
Scotts Co. <SMG.N>, a maker of lawn and garden products, also said it stopped shipments to all Kmart stores.
During the restructuring process, vendors, suppliers and other business partners will be paid under normal terms for goods and services provided during the reorganization, Kmart said.
One analyst said the bankruptcy filing would allow Kmart to stock its shelves more easily.
"Undoubtedly they will continue functioning more normally from now on and they will get lots of merchandise," said Kurt Barnard, president of Barnard's Retail Consulting Group. "Vendors will no longer be afraid to ship because they are worried they will not get paid."
Moody's Investors Service downgraded the discounter's debt to a lower "junk" status on Monday. Rating agencies Fitch, Moody's and Standard & Poor's all rate Kmart's debt a low "junk" status.
Kmart's has secured $2 billion in financing from Credit Suisse First Boston, Fleet Retail Finance Inc., General Electric Capital Corp. and JPMorgan Chase Bank. The financing, which remains subject to bankruptcy court approval, will be used to supplement the Kmart's cash flow during the reorganization process, the company said.
In its filing documents, Kmart and its U.S. subsidiaries listed total assets of $17 billion at book value and total liabilities of $11.3 billion as of the fiscal quarter ended Oct. 31, 2001. Kmart's foreign subsidiaries are not covered by the filing.
Kmart also said on Tuesday Ronald Hutchison has been named chief restructuring officer, a new position, effective immediately. He and James Adamson, who was elected chairman last week to replace Conaway, will oversee the reorganization.
Hutchison, 51, was most recently chief financial officer of Advantica Restaurant Group Inc. <DINE.OB>. Adamson, who has skills as a turnaround specialist, retired as CEO of Advantica in December 2001.
10:39 01-22-02
TA STOCK SCAN: Bullish Engulfing Patterns
These are in down trend that could reverse soon.
Watch for consolidation formations and TA reversals.
AMZN
CFWY
GILTF
IISX
PSCX
TGAL
VRYA
VYYO
WONE
TA STOCK SCAN: Chalkins Money Flow
ADBI***
ADGI
AIRN....interesting
ENMC
GLGS
HVAR
HYBN
MSEV
VDAT
WGMGY
TA STOCK SCAN: MACD Bullish Crossover
Ran these over the weekend, a few of these look good.
ATEL
VASC
VGIN
VINA.....this one interesting.
ZROS
Muell:
Great job on the DD for TRIB, very nice feature with IHUB letting us show the charts, very sweet!!
I have a 12 monnth target of 3.50, and TRIB is BTS portfolio pick, very good Micro-Cap that is showing growth and a improving balance sheet.
Could show a little weakness in this Q,due to write downs
of prior aquistitions, but will show top line growth, believe alot that is priced into the stock, look for improved EPS in the next few Q,s after this one. Top line growth should be there too.
TRIB still has a Aids test kid that are waiting for FDA approval, FDA approval on that should help this stock alot, if and when it happens.
I have my DD on TRIB over on Yahoo BTS.
KP:
"Gee, Tim, all the folks really should do is follow the BTS board lol
...I just posted to razr and am still in a sarcastic mood and couldn't resist... hope you got a smile or two but I am serious about the good folks here at BTS... a lot of good ideas and people... who needs to buy a subscription (but if you do, post the info here for the rest of us lol)"
Sure Tim would agree, Thank You Sir, we finally are getting our point across!!Thats what this club is all about, be it BTS Yahoo or BTS IHUB.
Thank You for your kind comments..its very much appreciated!!
Good Luck To Ya,
Shooter
KP,
If you get a response from Rukeyser let us know what is said! I,m curious too as what they would say.
Never can learn enough in this biz!
Good Luck,
Shooter
EZ:
Hi EZ,
Brighton? No SH-T!! Well we,re just a stones throw apart!
Go to Brighton quite frequently, used to date a gal that has a biz out there, and my sister lives in Howell, many times i just get off on the first Brighton exit of the 96 west, and drive by the old high school on my way to Coon Lake road, just for a change of pace and the scenic route,LOL. Then fly by the High School, then stop at Vic,s for some refreshments LOL.
I live out in Walled Lake, about 2 miles from Walled Lake Central.
Nice hearing from a fellow Michigander,LOL.
Take Care,
Shooter
KP: QUIET PERIOD
I checked my private messages last nite, i,m sorry for not getting back with you sooner,but your question is one that is not easliy defined as in terms of the SEC...in fact its a darn good question. And one that i spent some time thinking about and checking my research sites. For off the top of my head i didnt the answer to that one....LOL, never thought about it.
But like i said it is good question, one that deserves a answer.
I,ll give you my answers, but have to warn you, its based on experience more then actual knowledge.As i,m pretty much pulling up the same info as others.
If i understand your question correctly, you want to know what is the so called" quiet period during annual reporting period" and how that reflects what the company can say or not say during this period after the 4th Q?
Lets first post some stuff i found and get the IPO thing cleared up, and then as a few profit warnings and go from there.Maybe we can figure this thing out!
IPO:
The Quiet Period Conspiracy
by Craig Bicknell
4:00 a.m. Nov. 10, 1998 PST
Stephan Paternot and Todd Krizelman are frustrated.
It was bad enough that they had to postpone the initial stock offering of the community site company they co-founded, theglobe.com. But what's really grating is that they're not allowed to explain why the company is still worth watching. Nope, not a word.
More ...
That's because the company is still technically in the quiet period, a nebulous Securities and Exchange Commission restriction that prevents companies from speaking freely to the public while registered to sell shares. The shroud of silence also covers the month or so before the registration is filed.
Theglobe.com entered the quiet period in June. Until the company either goes public or pulls the registration statement it spent a fortune in time and money to put together, it will have to remain mute.
Meanwhile, competitors like GeoCities (GCTY) are merrily trumpeting the virtues of their services. Net years are streaking by.
"With Internet companies, part of the business is to build your brand as fast as possible," says Paternot. "But if you're in a quiet period for months, you can't tell people about your business. You're at a disadvantage for the entire period. It's definitely impacted our business."
Paternot isn't the only person complaining about the quiet period. Investors big and small wonder why a company would have to shut itself off from the world at a time when the world most wants access.
In an era when PC-equipped investors are making decisions without a broker, the SEC regulations that created the quiet period -- originally crafted to protect investors from speculative hype -- actually may be hurting investors by hindering the flow of information out of the company.
The quiet period is, at best, an anachronism in an age of conference calls, streaming media and investment chat boards. At worst, the quiet period is a weapon wielded by corporate lawyers and investment bankers to dole vital information to favored clients. "To suggest to somebody that they can't conduct their business for some period of time doesn't make sense," says Steven Wallman, a former SEC commissioner. "The whole concept of the pristine waiting and quiet period doesn't exist anymore, and can't."
Profit Warnings:
Silicon Storage Technology (SSTI: news, chart) said that it will take several charges in the fourth quarter and as a result, expects to report a loss per share of 8 cents to 11 cents in the quarter. If it weren't for the charges, the memory-chip maker said it would break even for the quarter. Currently, analysts polled by First Call expect a 2-cent profit. The company also said that it expects fourth-quarter revenue to fall 5 percent compared with the previous quarter to about $70 million due to falling prices and product returns. The company will take charges of between $9-$12 million related to falling prices and obsolescent reserves, and up to $4 million for asset impairment. Shares rose 4.6 percent to end at $9.47 on Thursday
Earning Suprises Before Q is done:
Sports Authority (TSA: news, chart) stated that it expects earnings from continuing operations for the fourth quarter to exceed its previously disclosed outlook of 35 cents to 39 cents a share. Analysts polled by First Call currently expect a fourth-quarter profit of 38 cents a share. The sporting goods retailer said that same-store sales fell in both November and December. For fiscal 2002, the company forecast same-store sales growth in the low single digits, and earnings from operations in the range of 50 cents per share. The consensus estimate on Wall Street stands at a 31 cents for the year.
Companys can and will report PRELIMINARY results before the 4th Q is up, and after the Q is over.
In regards to the 10K reporting, from the phone calls i have made in the past after the 4th Q was up, asking when the 4th Q results would come out, was told many times, you have to wait till the 10K is out.
HuH? LOL,....so what it boils down to is public disclosure.
Once a company enters the 4th Q, it can release preliminary results in form of profit ,revenue warnings , or earning advisorys,or updates.
Once the 4th Q is over, they can still give out preliminary results before it is filed. But cannot give out that info till it becomes public....via a PR.
In some cases, i think this might answer you question, is smaller companys will choose not to file a 4th Q, but have the 4th Q included in the 10K.....in other words, you have to go and figure the fiscal year results and compare it to the 3rd Q to figure out the 4th Q....and this is a big hassle!!
Cause i have done it many times.....they can be really tight lipped about this, and usually spells bad results. I find this quite common with OTC BB,s and Listed Micro-Caps that are in alot of trouble.
Once the results of the 4th Q are in and up till the filing of the 10K, they cannot disclose any info on the year end or 4th Q till its filed or a PR is released. so in effect they have a quiet period till they file the 10K...but still can at they option put out preliminary results...so they can keep their mouths shut up to 90 days. Also many times you will see a unaudited release of 4th Q and year end results..again this is up to the company, and the filings will appear later, but the key thing here is public diclosure.
So until the results are filed or made public, they are in a quiet period, and cannot disclose any info regarding the results till it becomes public.(But we know this is BS too, dont we LOL,leaked info)
Dont know if this answers your question, of if it helped.
Will welcome your follow up,if it doesnt. Perhaps we can still figure it out.
Good Luck ,
Shooter
BTS CHAT tonite 9:00 PM EST...Yahoo BTS
KOIKAZE :
Yes i am aware of it, thought i might throw the article out there, sometimes alot BS posted on RB and elsewhere, and many dont really understand reverse mergers.......all in all many times they are just ways for pump and dump schemes, but once in awhile a little company comes foward and does well.
OTC BB,s are notorious for this....many small companys that cannot get investment bank exposure will go this route.
But then again, it leaves the door open for the cheaters and dishonest.
I think if you play this game long enough, one will get caught in the RS game at least once...if not, your lucky, or just play the safe stocks.
I did myself a few times, years ago....and it was OTC BB stuff. and i got clobbered LOL....oh well had to learn the hard way LOL.
Good Luck To Ya,
Shooter
KP,
Thanx. i had IMCO already down, just missed it seeing it. But have added FCEL and PFCE.
Things are some what better for my dad, but will have to go back to Florida at the end of Jan or early Feb, he has to have another operation.
Thanks for asking, much appreciated.
Shooter
KAUAIPI,
How ya doing? I tried sending you the BTS newsletter, but i got this back:
This message could not be delivered to the following recipients:
<kauaipi@ragingbull.com>:
This mailbox has exceeded their disk quota. (#5.2.2)
Do you have another addy i can use if you want to recieve the clubs newsletter?
Thanx,
Shooter
Copied from the The BTS Monthly Review: Reverse Mergers
What is a Reverse Merger? Investors are familiar with the traditional IPO (initial public offering) as a method for going public. However, the current market environment makes going public just about impossible. This doesn't' mean that no new companies are coming to market. Many people don't realize there are numerous other ways for private company to become publicly traded outside of the IPO. One widely used method is the "Reverse Merger", a simplified, fast track method by which a private company can become a Public Company. This method for going public is more prevalent than most investors realize. One study estimates that 53% of all companies obtaining public listings in 1996 did so through the "Reverse Merger". The same study concluded about 30% of newly publicly listed companies got there through Reverse Mergers in 1999. Percentages have recently dropped because Wall Street Investment Banking firms have had a huge appetite for IPOs in the late 90s. This led to many marginal companies receiving enormous financial windfalls. In today's climate we expect reverse mergers to become more prevalent with very few IPOs finding their way to completion. Simply defined, a reverse merger occurs when a public company which has no business and usually limited assets acquires a private company with a viable business. The Private company "Reverse Merges" into the already public company, which now becomes an entirely new operating entity and generally changes name to reflect the new merged company's business. The original public company, commonly known as a Shell company, has value because of its publicly traded status. The shell company is generally recapitalized and issues shares to acquire the private company, giving shareholders and management of the private company majority control of the newly formed public company. Reverse Mergers are also commonly referred to as Reverse Takeovers, or RTO's. Benefits of Going Public Through the RTO (Reverse Take Over) The RTO (reverse take over) method for going public has numerous benefits for the private company:
Initial costs are much lower and excessive investment banking fees are avoided.
The time frame for becoming public is considerably shorter.
There is no significant regulatory review or regulatory approval for the transaction.
The company can now use its stock as currency to finance acquisitions and attract quality management.
Capital is easier to raise as investors now have a clearly defined exit strategy.
Insiders can create significant wealth if they perform. Negatives of Going Public Through the RTO
There is no capital raised in conjunction with going public.
There is limited sponsorship for the stock.
There is no high powered Wall Street Investment Banking relationship.
The stock generally trades on a low exposure exchange. Things You Should Know About RTOs- Investors Beware Many highly successful companies have become public through the RTO process. However, there some important negatives investors should be aware of. There is a much higher failure rate amongst RTO companies versus the traditional IPO. Much smaller and less successful companies are able to become public through the RTO, and many are badly undercapitalized. Often these stocks trade very inefficiently in the absence of any sponsorship or following. There is a cottage industry of merchant bankers and entrepreneurs who specialize in orchestrating reverse mergers. Unfortunately, there are no barriers to entry in this field. Therefore, scams are common place. Through various methods, scam artists manage to accumulate large positions in the free trading shares of the shell company. An RTO is consummated with a marginal private company, and the scam artists put together a massive publicity campaign designed to create activity in the stock. Unrealistic promises and absurd claims of corporate performance find their way to the public. The enhanced trading volume allows the scam artist to dump his shares on the unsuspecting public, most of whom eventually lose their money once the newly formed public company fails. This scam is commonly known as a "Pump and Dump". Alternatively there a hundreds of examples of highly successful companies which have yielded millions in profits for investors that have gone public through the RTO. Many of these companies deserve exposure to investors. Initial valuations can be reasonable, providing excellent opportunities for individual investors to accumulate positions ahead of Wall Street institutional money. Some High Profile and Successful RTOs
Armand Hammer, world renowned oil magnate and industrialist, is generally credited with having invented the "Reverse Merger". In the 1950s, Hammer invested in a shell company into which he merged multi decade winner Occidental Petroleum.
In 1970 Ted Turner completed a reverse merger with Rice Broadcasting, which went on to become Turner Broadcasting.
In 1996, Muriel Siebert, renown as the first woman member of the New York Stock Exchange, took her brokerage firm public by reverse merging with J. Michaels, a defunct Brooklyn Furniture company.
One of the Dot Com fallen Angels, Rare Medium (RRRR), merged with a lackluster refrigeration company and changed the entire business. This was a $2 stock in 1998 which found its way over $90 in 2000.
Acclaim Entertainment (AKLM) merged into non operating Tele-Communications Inc in 1994.
Cross Media Marketing (XMM), a stock that SmallCap Digest readers are familiar with, merged into non operating Brack Industries in 1998. Cross Media is on track to generate $150 million in revenues and over $15 million in profits in 2002.
Although we can't confirm this from old records, Viacom is rumored to have been an RTO. There are hundreds of other examples of highly successful RTOs and thousands of failures. Individual investors can profit from knowing about these situations before Wall Street gets involved and places its own inflated value on the company. Investors that got into Cross Media early November are getting a taste of the benefit of getting in ahead of Wall Street money managers.
Ok Tim,
Understand the short term stagedy. I,m long term on this one for the BTS portfolio. But will take some money of the table in the 2.20 to 2.30 area. And build on a dip. Like the stock for a 12 month hold, or until target is reached.
You should hit your 30% target.
Tim.
Agree, great news. I,m maintaining my 3.00 privce target on this thing. Just wonder how much this news is already priced into the stock. We had some good action on this stock earlier.
Perhaps some in the know, gave a hint, or leaked the info to a privalged few? Who knows LOL. Great news....will mean bigger numbers to the top line.
I believe they still are waiting for FDA approval on the AIDS test. That will be big when it happens IMO.
ALTERNATIVE ENERGY STOCKS:
Been looking at these for awhile. IMO this sector could be the next manic buying sector.Many of these stocks have had huge run ups earlier in the year and have had a severe correction. Some of as late have had minor run ups.
Since i live close to Motown( Detroit Michigan) i come across Alternative Energy articles in the local papers and on the local TV news,ect ect on a weekly basis.
And as of last week,news from the big three was, Alternative Energy cars are to become a reality,with prototypes already being tested.
And full time production slated for 2008 if not earlier, the middle east will have alot to say about this.
As was discussed in a earlier BTS chat, myself and other BTS members believe from our DD on this matter, that the world will soon be or already is depending on who you talk to,in a energy and basic material consumption crisis.
Within the decade, many of our natural resources will be on a shortage mode causing many wild price swings in commodity prices( oil, natural gas, precious metals, electricity,ect ect.)
Maybe not everyone can see this or agree with this assumption....but can our oil and natural gas wells go on forever? When will OPEC put the strangle hold on North America again? are we naive to think it wont happen again?
And as we are in the middle of a global recession and tensions in the middle east increasing every week, seems to me the alternative energy is a sector worth exploring and playing in the market.
My thinking what happens when the world pulls out of its economic doldrums and starts to perk up again? What happens when Japan and other far east countrys get their economic act together? China? God knows how much energy they will be using.
So my thinking is, that at some time in the near future, energy will become very expensive and a shortage will occur as consumption outways production....and the fact GM,Fords, Chrysler, ect ect have already stated....Alernative Energy Cars will be thee car of the future.
Below is a list of stocks i have compiled for my watch list, i will play these long and short term according to TA movements, balance sheets, contracts wins ect ect.
I believe this sector is in its very early infantcy. And will provide huge rewards fo those who will watch and expose themselfs to some risk.
Not for the faint hearted at this stage of the game.
We all dream of the next MSFT or YHOO, CISCO, ect ect...getting in early, and riding em up to wealth!
IMO: this could be that sector.
Heres the ones i,m looking at. And of course anyone that has come across a alternative energy stock not on this list, please post it.
MTKY,DCH,ENER,MDTL,HYGS,PRBL,MHTX,GLE.TO,RTK,FASC,DQE,UTX,STHK,EGYV,ETCX,CZ,UCR,DNK.TO TDY, ALTI,PRTN,PLUG,HPOW,MCEL,BLDP
Anyways, the above is just my opinion, and other views are welcomed.
Good Luck To All,
Shooter
TRIB:
Picked up some Triby Biotech today as a my long term high risk play.
IDA Business Park
Co Wicklow, IE 18
Phone: (800) 603-8076
Fax: (531) 276-9888
CEO: Ronan O'Caoimh
Exchange: ...
Industry: Diagnostic Substances
Current Price: $1.50
52 Week High: $ 3.218
52 Week Low: $ .960
5 Year High: $7.75
5 Year Low: $0.81
Beta: 0.03
Market Cap: $60.6 Mil
Shares Outstanding: 40.4 Mil
Insider Ownership: N/A
Institutional Ownership: 4.9%
Short Interest Shares: 338
Short Interest Ratio: 0
12 Month EPS: $0.08
PE Ratio: 18.8
Book Value: $1.39
Price/Book Value: 1.1
Dividend: $0.00
Dividend Yield: N/A
Profit Margin: 11.40%
Return on Equity: 6.80%
Return on Assets: 5.60%
Debt to Equity: 0
Interest Coverage: N/A
Dividend Payout:
Trinity Biotech plc develops, manufactures, and markets rapid diagnostic test kits used for the clinical laboratory, point of care and self testing segments of the diagnostic market. For the nine months ended 9/30/01, revenues rose 25% to $27.3 million. Net income before U. S. GAAP fell 34% to $3.1 million. Revenues reflect increased sales of Bartels Product lines. Earnings were offset by the higher S/G/A expenses.
12 Montth Target: 3.50-4.00
EPEX for the BTS Portfolio
I bought this one last Friday at 5.05, and will be my oil+gas play for 2002.
I expect the cost of oil to rise in the coming months as OPEC will be cutting production and the economy starts to pull out its recession.
I think now might be the time to get into some energy plays....have some others i,m looking at also.
Natural gas prices have been relatively flat so far in early winter, but that can change real fast, as it is colder then a well diggers asre here in Mich LOL!
##################################################
Edge Petroleum Corp. (NASD)
Sector: Energy Industry: Oil & Gas Operations
Edge Petroleum Corporation, organized in 1996, is an independent energy company engaged in the exploration, development and production of oil and natural gas. The Company conducts its operations primarily along the onshore United States Gulf Coast, with its primary emphasis in South Texas and Louisiana where it currently controls interests in excess of 90,000 gross acres held under lease or option. In its exploration efforts the Company emphasizes an integrated geologic interpretation method incorporating 3-D seismic technology and advanced visualization and data analysis techniques utilizing state-of-the-art computer hardware and software. The Company has two wholly owned subsidiaries: Edge Petroleum Operating Company Inc. and Edge Petroleum Exploration Company.
The Company's estimate of proved oil and natural gas reserves, as of December 31, 2000, was 25.4 Bcf (billion cubic feet) of natural gas and 720 MBbls (thousand barrels) of oil or about 29.7 Bcfe (billion cubic feet equivalent). The Company's average daily production for 2000 was 17.1 MMcfe (million cubic feet equivalent) per day as compared to 18.6 MMcfe per day in 1999. At December 31, 2000, the Company's average production was 20.6 MMcfe per day.
Texas
The Company's activity in the South Texas Frio-Vicksburg Trend covers approximately 600 square miles and spans parts of Brooks, Starr, and Hidalgo Counties in South Texas. The Company's average working interests range from 100% in the Santellana area to 22.5% in the Encinitas area. There were three wells drilled in this trend in 2000. At year-end 2000, Edge's net production from this area was approximately six MMcfe per day. The focus for this area will be deeper drilling in the Vicksburg formation. Two wells are currently planned for this area in 2001.
52-Week Low
on 27-Sep-2001 $4.01
Recent Price $5.20
52-Week High
on 2-Jan-2001 $10.00
Beta -0.69
Daily Volume (3-month avg) 33.8K
Daily Volume (10-day avg) 39.0K
Stock Performance
52-Week Change -47.3%
52-Week Change
relative to S&P500 -40.1%
Share-Related Items
Market Capitalization $48.4M
Shares Outstanding 9.30M
Float 6.80M
Dividends & Splits
Annual Dividend none
Last Split none
Per-Share Data
Book Value (mrq) $6.44
Earnings (ttm) $1.49
Earnings (mrq) $0.05
Sales (ttm) $3.65
Cash (mrq) $0.22
Valuation Ratios
Price/Book (mrq) 0.81
Price/Earnings (ttm) 3.50
Price/Sales (ttm) 1.43
Income Statements
Sales (ttm) $35.4M
EBITDA (ttm) $25.1M
Income available to common (ttm) $14.4M
FINANCALS:
REVENUE
Quarters 1998 1999 2000 2001
MAR 3,786 3,542 3,811 11,523
JUN 3,849 4,189 4,683 8,045
SEP 3,981 3,056 5,588 6,181
DEC 3,847 3,699 9,692
EARNINGS PER SHARE
Quarters 1998 1999 2000 2001
MAR 0.080 -0.040 0.040 0.670
JUN 0.010 -0.030 0.020 0.310
SEP -0.050 0.010 0.200 0.050
DEC -1.970 -0.360 0.460
Totals -1.930 -0.420 0.720 1.030
BALANCE SHEET:
Cash & Equivalents: $6.40 Short-term Debt: $0.00
Fixed Assets: $51.00 Other Liabilities: $0.80
Intangibles: $0.00 Total Liabilities: $4.10
Other Assets: $0.40 Total Equity: $59.30
Total Assets: $63.40 Total Liabilities & Equity: $63.40
Valuations:
Investor Sentiment: $11.50 $6.35 123.3%
Analysts' Target: $9.00 $3.85 74.8%
StockSelector Value: N/A N/A N/A
Intrinsic Value: $24.81 $19.66 381.8%
Industry Value: $14.26 $9.11 176.9%
PEG Value: $16.00 $10.85 210.7%
Present Value: $9.34 $4.19 81.4%
RATIO COMPARISON
Valuation Ratios Company Industry Sector S&P 500
P/E Ratio (TTM) 3.50 9.11 17.42 32.06
P/E High - Last 5 Yrs. NA 61.26 60.88 50.96
P/E Low - Last 5 Yrs. NA 7.29 9.09 17.44
Beta -0.70 0.66 0.50 1.00
Price to Sales (TTM) 1.43 1.38 1.44 3.86
Price to Book (MRQ) 0.81 2.09 2.94 5.66
Price to Tangible Book (MRQ) 0.81 2.26 4.34 9.01
Price to Cash Flow (TTM) 2.07 5.45 9.27 21.56
Price to Free Cash Flow (TTM) 8.90 18.28 25.10 37.17
Analyists:
Average Recommendation: Strong Buy Average Target Price: $9
--------------------------------------------------
Current Analyst Summary 1 Week Ago 1 Month Ago 2 Months Ago 3 Months Ago
Strong Buy 2 67% 2 2 2 2
Moderate Buy 1 33% 1 1 1 1
Hold 0 0 0
Moderate Sell 0 0 0
Strong Sell 0 0 0
Firm Analyst Recommendation 12-month Target
Credit Lyonnais Brad Beago Buy $9
Dain Rauscher Wessels Raymond J. Deacon Buy -
Raymond James Wayne W. Andrews Strong Buy -
RBC Capital Markets (Canada) Raymond J. Deacon Buy/Aggressive -
*************************************************
Summary:
I believe EPEX is trading at substancial discount to its peers. With it trading at 2 1/2 x earnings less then its peers, and trading at 8.90X free cash flow with its peer at 18.28X free cash flow, and book trading at almost 3 X its peer average. The comapny is growing the top and bottom line, and represents a good value and growth play in the oil and gas field.
The company has settled a law suit and will take a 3.5 million charge in the 4th Q, this i believe is already priced into the stock.
Target 12 months: 9-11.00
UNDERSTANDING MACD:
The Combination Oscillator
http://stockcharts.com/education/What/IndicatorAnalysis/indic_MACD1.html
Developed by Gerald Appel, Moving Average Convergence Divergence (MACD) is one of the simplest and most reliable indicators available. MACD uses moving averages, which are lagging indicators, to include some trend-following characteristics. These lagging indicators are turned into a momentum oscillator by subtracting the longer moving average from the shorter moving average. The resulting plot forms a line that oscillates above and below zero, without any upper or lower limits. MACD is a centered oscillator and the guidelines for using centered oscillators apply.
MACD Formula
The most popular formula for the "standard" MACD is the difference between a security's 26-day and 12-day exponential moving averages. This is the formula that is used in many popular technical analysis programs, including SharpCharts, and quoted in most technical analysis books on the subject. Appel and others have since tinkered with these original settings to come up with a MACD that is better suited for faster or slower securities. Using shorter moving averages will produce a quicker, more responsive indicator, while using longer moving averages will produce a slower indicator, less prone to whipsaws. For our purposes in this article, the traditional 12/26 MACD will be used for explanations. Later in the indicator series, we will address the use of different moving averages in calculating MACD.
Of the two moving averages that make up MACD, the 12-day EMA is the faster and the 26-day EMA is the slower. Closing prices are used to form the moving averages. Usually, a 9-day EMA of MACD is plotted as a along side to act as a trigger line. A bullish crossover occurs when MACD moves above its 9-day EMA and a bearish crossover occurs when MACD moves below its 9-day EMA. The Merrill Lynch chart below shows the 12-day EMA (thin green line) with the 26-day EMA (thin blue line) overlaid the price plot. MACD appears in the box below as the thick black line and its 9-day EMA is the thin blue line. The histogram represents the difference between MACD and its 9-day EMA. The histogram is positive when MACD is above its 9-day EMA and negative when MACD is below its 9-day EMA.
Merrill Lynch
What does MACD do?
MACD measures the difference between two moving averages. A positive MACD indicates that the 12-day EMA is trading above the 26-day EMA. A negative MACD indicates that the 12-day EMA is trading below the 26-day EMA. If MACD is positive and rising, then the gap between the 12-day EMA and the 26-day EMA is widening. This indicates that the rate-of-change of the faster moving average is higher than the rate-of-change for the slower moving average. Positive momentum is increasing and this would be considered bullish. If MACD is negative and declining further, then the negative gap between the faster moving average (green) and the slower moving average (blue) is expanding. Downward momentum is accelerating and this would be considered bearish. MACD centerline crossovers occur when the faster moving average crosses the slower moving average.
Merrill Lynch
(Click here to see a live example of MACD)
This Merrill Lynch chart shows MACD as a solid black line and its 9-day EMA as the thin blue line. Even though moving averages are lagging indicators, notice that MACD moves faster than the moving averages. In this example with Merrill Lynch, MACD also provided a few good trading signals as well.
In March and April, MACD turned down ahead of both moving averages and formed a negative divergence ahead of the price peak.
In May and June, MACD began to strengthen and make higher lows while both moving averages continued to make lower lows.
And finally, MACD formed a positive divergence in October while both moving averages recorded new lows.
MACD Bullish Signals
MACD generates bullish signals from three main sources:
Positive divergence
Bullish moving average crossover
Bullish centerline crossover
Positive Divergence
Novellus
A positive divergence occurs when MACD begins to advance and the security is still in a downtrend and makes a lower reaction low. MACD can either form as a series of higher lows or a second low that is higher than the previous low. Positive divergences are probably the least common of the three signals, but are usually the most reliable and lead to the biggest moves.
Bullish Moving Average Crossover
Novellus
A bullish moving average crossover occurs when MACD moves above its 9-day EMA or trigger line. Bullish moving average crossovers are probably the most common signals and as such are the least reliable. If not used in conjunction with other technical analysis tools, these crossovers can lead to whipsaws and many false signals. Moving average crossovers are sometimes used to confirm a positive divergence. The second low or higher low of a positive divergence can be considered valid when it is followed by a bullish moving average crossover.
Sometimes it is prudent to apply a price filter to the moving average crossover in order to ensure that it will hold. An example of a price filter would be to buy if MACD breaks above the 9-day EMA and remains above for three days. The buy signal would then commence at the end of the third day.
Bullish Centerline Crossover
Apple
A bullish centerline crossover occurs when MACD moves above the zero line and into positive territory. This is a clear indication that momentum has changed from negative to positive, or from bearish to bullish. After a positive divergence and bullish moving average crossover, the centerline crossover can act as a confirmation signal. Of the three signals, moving average crossover are probably the second most common signals.
Using a Combination of Signals
Halliburton
Even though some traders may use only one of the above signals to form a buy or a sell signal, using a combination can generate more robust signals. In the Halliburton example, all three bullish signals were present and the stock still advanced another 20%. The stock formed a lower low at the end of February, but MACD formed a higher low, thus creating a potential positive divergence. MACD then formed a bullish crossover by moving above its 9-day EMA. And finally, MACD traded above zero to form a bullish centerline crossover. At the time of the bullish centerline crossover, the stock was trading at 32 1/4 and went above 40 immediately after that. In August, the stock traded above 50.
http://stockcharts.com/education/What/IndicatorAnalysis/indic_MACD1.html
MACD BULLISH CROSSOVER SCAN:
Ran these tonite, havent done any DD on any of them. Fresh of the press,LOL
ABS Albertsons, Inc. NYSE 32.150 32.350 31.810 32.120 1068400
AEG Aegon N.V. NYSE 26.550 26.735 26.450 26.700 204100
BKT Blackrock, Income Tr, Inc. NYSE 7.300 7.360 7.300 7.360 63300
CBLRF Campbell Resources, Inc. NASD 0.200 0.230 0.200 0.210 67900
CLB Core Laboratories N V NYSE 14.200 15.600 14.200 14.790 186200
CPQ Compaq Computer Corp. NYSE 9.920 9.960 9.790 9.890 9027300
DLIA dELiA*s Corp. NASD 5.410 6.000 5.400 5.870 897600
EAS Energy East Corp. NYSE 18.800 18.950 18.600 18.940 321100
EFX Equifax, Inc. NYSE 24.080 24.650 23.940 24.440 490200
ELE ENDESA S A NYSE 15.380 15.820 15.250 15.690 179900
EXFO EXFO Electro-Optical Engineering NASD 11.770 12.420 11.760 12.410 75800
HRS Harris Corp. NYSE 30.110 30.810 30.100 30.140 412800
IAWK iAsiaWorks, Inc. NASD 0.140 0.160 0.120 0.125 7351800
IVGN Invitrogen Corp. NASD 62.510 64.380 62.510 64.050 331900
JKHY Jack Henry & Associates, Inc. NASD 21.680 22.270 21.071 21.820 929100
LGOV Largo Vista Group Limited NASD 0.064 0.090 0.060 0.080 1070700
MC Matsushita El Ind Company Limited NYSE 12.560 12.630 12.400 12.450 443200
MEDX Medarex, Inc. NASD 18.630 19.200 18.510 19.050 877300
MPWR MGC Communications, Inc. NASD 0.340 0.430 0.330 0.420 1153000
MXRE Max Re Capital Ltd. NASD 15.500 15.880 15.450 15.800 8800
NAU National Australia Bk Limited NYSE 29.950 30.290 29.860 30.000 54500
OSIP OSI Pharmaceuticals, Inc. NASD 43.840 46.490 43.370 46.040 472200
PCN PIMCO Corporate Income Fund NYSE 15.050 15.050 15.000 15.050 32000
PTSC Patriot Scientific Corp. NASD 0.120 0.145 0.120 0.145 572500
REP Repsol S A NYSE 14.250 14.680 13.850 14.530 341100
RNR Renaissance RE Holdings Limited NYSE 94.650 95.470 94.550 95.050 53000
SAFC SAFECO Corp. NASD 30.960 31.660 30.850 31.310 358500
SGR Shaw Group, Inc. NYSE 22.700 24.250 22.650 23.650 1056000
SRZ Sunrise Assisted Living, Inc. NYSE 27.250 29.060 27.160 29.000 793900
STI Suntrust Banks, Inc. NYSE 62.600 62.970 62.200 62.780 328100
TOY Toys R Us, Inc. NYSE 20.700 20.850 20.450 20.780 1324300
TRCD Tricord Systems, Inc. NASD 1.110 1.300 1.110 1.230 248300
VRTX Vertex Pharmaceuticals Inc. NASD 24.660 25.900 24.620 25.540 624000
VVR Van Kampen Senior Income NYSE 7.000 7.060 6.980 7.040 527600
STOCK CHALLENGE IN YAHOO BTS:
We,re a little late on the Jan challenge, but better late then never LOL.
Due to the holidays we will extend the deadline for challenge to Jan 3rd at market close.
We get 2 stocks to play. No OTC BB,s at this time please....when we get enough requests for a OTC BB stock challenge we will run 2 seperate challenges.
Please let the founders enter the stock picks into the portfolio.
Good Luck To Everyone.
Going to give BCON a shot.
In at 1.03, stricktly a TA play, not much here on the FA side, except thr 40 million they have in cash. Company is still looking for its first contract. The DD suggests they have some prototypes out there and there has been some interest.
Dont want to hold this one to long, will set stop loss at 0.95.
The stock has been basing for sometime, TA looks good as of today. IMO, if they can get that first contract signed,the stock has a good chance to double at these levels. We,ll see. Risky at best.
But in the gambling mood,LOL,,,so i will use the 8% stop loss to protect my arse LOL.
Would like to see at least 1.40 to 1.50 on this.
So i,ll see what this turkey does in the next few trading days.
Hi Rouster:
Glad you made it over here. Good to see you.
Looking foward to your investment ideas.
Agree on the Raging Bull deal....seems to me they should spend some of that money on controlling the amount of scum that uses them for their own agenda,s, instead of re-designing their website. IMO. RB has become a breeding ground for the manipulaters and and other so called life forms,lol.
And thats to bad!!!
Again welcome to BTS....if you get a chance stop on by the mother board on yahoo.
Take Care,
Shooter
broderick,
Yea i noticed that too, the FA scans such as Insider trading with low PE,s very seldom show up. mainly because alot of the OTC BB,s dont have any earnings. But they do show up once in a great while, and those are usually over a 1.00, and i wont pay that much for a OTC BB, unless i know they are going to get listed on the small cap Naz exchange and i can get in cheap enough LOL.
WCOM: Going Long:
I entered WCOM today, i believe the stock to be highly undervalued at these levesl, this will be a mid to long term pick.
Dispite the telecom troubles, WCOM should out-perform the S+P 500 over the next 12 months, plus when the economy recovers WCOM should benifit from that, at these levels the stock is to cheap.
WCOM:
500 Clinton Center Drive
Clinton, MS 39056
Phone: (601) 460-5600
Fax: (601) 360-8616
CEO: Bernard J. Ebbers
Exchange: NASDAQ
Industry: Long Distance Carriers
MCI WORLDCOM, Inc., a Georgia corporation is one of the largest telecommunications companies in the United States, serving local, long distance and Internet customers domestically and internationally. The company provides telecommunications services to business, government, telecommunications companies and consumer customers through its networks of primarily fiber optic cables, digital microwave, and fixed and transportable satellite earth stations. Prior to September 15, 1998, the company was named WorldCom, Inc.
Current Price: $14.30
52 Week High: $ 23 1/2
52 Week Low: $ 11 1/2
5 Year High: $64.54
5 Year Low: $10.84
Beta: 1.74
Market Cap: $42.3 Bil
Shares Outstanding: 2,957.0 Mil
Insider Ownership: 3.3%
Institutional Ownership: N/A
Short Interest Shares: 0
Short Interest Ratio: 0
12 Month EPS: $0.80
PE Ratio: 17.9
Book Value: $19.02
Price/Book Value: 0.8
Dividend: $0.00
Dividend Yield: N/A
Profit Margin: 6.10%
Return on Equity: 4.20%
Return on Assets: 2.30%
Debt to Equity: 0.51
Interest Coverage: 4.4
LOW PE STOCKS WITH INSIDER BUYING SCAN
Low P/E Stocks with High Insider Buying
This search finds stocks that have a P/E of 25 or less with the highest earnings increases expected in the coming year and at least 2 net insider purchases within the last three months. The objective is to find companies that have strong prospects yet trade at a reasonable valuation and whose insiders are bullish on the stock.
Click on one of the links immediately below to view a report on the entire list of stocks in this search result.
Insider Trading / Over/Under Valuation / Analyst Ratings
Symbol Name Moving avg 30-day Price Exchg
MERX MERIX CORP 16.300 NASDAQ
MWP MARKWEST HYDROCARBON INC 5.800 AMEX
ORCI OPINION RESH CORP 6.000 NASDAQ
MNY MONY GROUP INC 33.740 NYSE
FRDM FRIEDMANS INC CL A 8.890 NASDAQ
BEAV BE AEROSPACE INC 9.190 NASDAQ
WTW WEIGHT WATCHERS INTL INC NEW 33.690 NYSE
PNG PENN-AMER GROUP INC 10.150 NYSE
VTA VESTA INS GROUP INC 7.810 NYSE
NYCB NEW YORK CMNTY BANCORP INC 22.300 NASDAQ
FMAR FIRST MARINER BANCORP 8.780 NASDAQ
RKT ROCK-TENN CO CL A 14.140 NYSE
HC HANOVER COMPRESSOR CO HLDG C 26.130 NYSE
MIR MIRANT CORP 14.700 NYSE
PNWB PACIFIC NORTHWEST BANCORP 21.000 NASDAQ
UCI UICI 12.600 NYSE
CMX CAREMARK RX INC 15.910 NYSE
SBMC CONNECTICUT BANCSHARES INC 26.600 NASDAQ
PVTB PRIVATEBANCORP INC 18.250 NASDAQ
WMS WMS INDS INC 19.980 NYSE
RRI RELIANT RES INC 15.750 NYSE
AES AES CORP 14.510 NYSE
WB WACHOVIA CORP 31.500 NYSE
DYN DYNEGY INC NEW CL A 24.380 NYSE
NRG NRG ENERGY INC 14.000 NYSE
LCAV:
Tim, the TA looks good, seems like the 0.90 + is a good bet, looks like some resistence around 0.95-1.00
Watch the Williams carefully, it has uncanny ability to predict the direction of a stock a day or so in advance. And before the other indicators show anything.
Right now that looks good, but if tops out a 0, and starts falling, might be a good time to exit the stock IMO
Shooter
My Buy Watch List for 2002:
These are the stocks that are on my mid-term and long term watch list. I will be opening positions starting this week, and will be buying right up to the last minutes of 2001.
I,m still doing my DD on alot of these, my goal will be to diversify my long term picks, with a 12 to 18 month holding period, unless they hit my price targets.
My objective will be to finish 2002 with these picks with a +20% or more gain. I am looking for the markets to have a up year in 2002,barring any terrorist activity.
I will building positions as we go, and will only sell if the FA breaks down or if the market looks shakey and i figure the upside will be limited.
Will buy on dips when cash is avialable.
Will post selections along with DD as i,m entering positions.
My Watch List.
CPQ
EMC
INTC
MWAV
HPOW
PRTN
ET
SCH
SEBL
XXIA
AMTL
WMUX
WCOM
GPTX
EPEX
DPTR
ELY
F
KR
CPWR
NWRE
FATS
TRIB
ZTEL
WMS
NOK
AMSC
EAG
ZILA
TLAB
FDRY
TA COMBO SCANS:
Ran these this morning;
MACD/Williams Scan
PL: 28.38
Bullish MACD/Improving Williams Scan
GILTF: 3.50
PKD: 3.14
OVERSOLD/ Improving Williams/RSI Scan
ATPG: 2.35
KR: 20.50
CCI/Improving Williams
ARNA: 12.40
USPL: 0.30
This Is a Reply to: Msg 6920 by
Results from TA Combos 12/19/01
Ran these scans after market close, they are a combination of Parobolic buys, P+F buys, MACD bullish crossover buys, CCI buys. Trying to narrow the list down to a more managable level,these scans are new, havent done a mock trading yet on them.
Price as of 12/19/01- close 12/21/01
ABRG 0.024 -4.16% 0.023
SANG 19.35 +1.20% 19.65
CBIZ 1.86 +32.0%....this one got hot fast. 2.46
COMS 6.09 +2.46% 6.24
FWHT 6.15 -16.27% 5.40
NENG 0.90 +13.33% 1.02
William Buffett Sees 7-8% returns:
Buffett sees 7-8% stock returns
By Emily Church, CBS.MarketWatch.com
Last Update: 9:43 AM ET Dec. 20, 2001
LONDON (CBS.MW) -- Famed stock investor Warren Buffett on Thursday said he expects returns in the stock market to average around 7-8 percent over the next ten years.
Buffett, in an interview with CNBC, said he's not anticipating a fast recovery in the economy, and that he felt a stimulus package was needed in the U.S.
The House approved a Republican-sponsored, $150 billion fiscal stimulus bill early Thursday, but prospects for an economic rescue package appeared doubtful as the GOP and Senate Democrats remained far apart over how to shore up health benefits for the unemployed. See full story
Buffett, known as the "Sage of Omaha" for his stock-picking prowess, said he was "not finding" undervalued companies in the market, indicating that he remains watchful of valuation levels for stocks.
The S&P 500 is currently trading at a price-earnings ratio of 23, meaning investors are paying around 23 times operating earnings for stocks, which is a bit higher than the historical average. In 1996, for example, the market traded at a P/E 18.2, based on operating earnings.
Using trailing, as-reported earnings standards, the market traded at a P/E of 40.3 as of the close Wednesday, according to Standard & Poor's. The historical average using the as reported earnings basis is 14, S&P said.
By any measure, P/E ratios are high.
The interview shed little new light on Buffett's strategies for his Berkshire Hathaway investment vehicle (BRK.A: news, chart) (BRK.B: news, chart) but he did say that his fund "would be in Cola-Cola forever."
He has been a significant investors in the beverage company (KO: news, chart). The stock is down some 23 percent year to date.
Emily Church is London bureau chief of CBS.MarketWatch.com.
Latest Industry News
Thanx Muelhead:
Already have my OTC BB,s ...3 are enough LOL...normally like to play just a few at a time....but will give this one a look, the filings seem clean...dont see any recent S-8,s or S-2,s,,thats a plus!
Again thanx for the plug for BTS on the AIRG board,
Shooter
BTS YAHOO CHAT : 12-20-01 9:00PM EST
AIRG NEWS:
Airtech Expands Presence in Pacific Rim
DALLAS--(BUSINESS WIRE)--Dec. 20, 2001--Airtech International Group, Inc., (OTCBB:AIRG) has expanded its sales distribution channel in the Pacific Rim to the locations of Taipei, Taiwan, and Hong Kong and Schenzen, China.
Airtech President, Kirk Garfield said, "The Pac Rim is a market of enormous sales potential for Airtech's products. We are working closely with our Master Distributor, Aurora Technologies, Inc. (DBA Airsopure Asia) to expand its presence throughout the region. Pac Rim countries have severe problems with indoor air quality, and local governments are taking swift action to legislate and enforce strict indoor air quality standards. Airsopure Asia, Inc. has projected to capture $1.5 million of indoor air quality product sales during the next twelve months. On December 14th, we shipped our fourth container of products to Airsopure Asia, Inc. in the last twelve months. At the rate that they are developing, I expect to see a lot more containers of Airtech products to be heading their direction in the next twelve months."
Airtech President Kirk Garfield, and Airtech International Operations Consultant John Potter recently traveled to Taipei, Taiwan for the purpose of participating in a major television press conference conducted by Airsopure Asia, Inc. The multi-media press conference was held at the Sherwood Four Season Hotel in Taipei. Approximately 100 guests attended representing major newspapers, television, radio and Asian magazines. Government representatives from the Ministry of Health and the Industrial Technology Research Institute were also present. The event was coordinated by GP House Communications General Manager, Gail Yang, and was broadcast to much of the Pac Rim.
Airsopure Asia President, Mr. Steven Chen was the key speaker and presented an extensive multi-media program. Mr. Chen was followed by the presentation of Kirk Garfield, and questions from the press. Countries in the Pac Rim are vitally interested in IAQ, and in many instances well ahead of American standards. Response from television and newspaper reporters to the presentations of Messrs. Chen and Garfield were very positive. As a result of the meeting two new distributors are now under contract with Airsopure Asia to market Airtech products in Taiwan (pop. 22 million). One of the new distributors canceled his contract with a US based international manufacturer of competitive equipment in order to become a dealer with Airtech/Airsopure.
The Airsopure Asia distributor in Hong Kong has made substantial progress during 2001 in marketing Airtech products, and has committed to major marketing expansion during 2002. Their new customers include the Hong Kong Airport and Kowloon-Canton Railway Corporation. A Schenzen, China based IAQ testing laboratory has already approved Airtech's products for installation in government buildings. Laboratory testing is a requirement of all indoor air quality technologies prior to sale and installation. Sales and installation into government buildings and commercial facilities will begin in January 2002.
Kirk Garfield reports, "Airsopure Asia (also doing business as Airsopure China and Airsopure Pacific) is poised to dominate the IAQ market throughout the Pacific Rim. They are well organized, aggressive and determined to achieve substantial market share. We are delighted to have them taking the point in leading our efforts in this important marketplace."
Additional information about Airtech, including live interviews with Airtech executives can be accessed at www.marketmarquee.com.
About Airtech:
Airtech founded in 1994, first achieved market recognition with its air cleaning technology by providing a solution of advanced technology and engineering to allow smokers and non-smokers to coexist in restaurants/bars. Its corporate customers include: Southwest Airlines, AlphaGraphics, El Chico's, Bennigan's, TGI Friday's, Del Frisco's Double Eagle Steakhouses, Sullivan's, and many other companies. Airtech International Group Inc., (www.airtechgroup.com), is a publicly traded compan
Joemoney:
Thanx for the input, i havent done any DD on these.
ABRG was one the stocks that had came up on my TA scans.....this one was from a Parabolic Buy Signal and MACD Bullish Crossover signal.
I,m running these scans for the BTS Club members, for stock ideas, its up to them to follow up on the FA. But i take a look at them myself too.
We have some pennys players in BTS, so i try to find some OTC BB,s to throw out there for consideration.
ARBG being a OTC BB automatically makes it a very dangerous play without even looking at it.
But normally ( jury is still out on the OTC BB,s) when a MACD bullish crossover happens, alot the times the stock will go up, how much is anyones guess,but that when short term resistence levels come into play.
So since i,m not in the market for a OTC BB right now,,,have a few as it is, and thats enough,LOL! I wont really spend a whole alot time looking at it.
But it will be interesting to see how it does since i got a TA buy signal on it.
Good Luck,
Shooter
TA COMBO SCANS:
Ran these scans after market close, they are a combination of Parobolic buys, P+F buys, MACD bullish crossover buys, CCI buys. Trying to narrow the list down to a more managable level,these scans are new, havent done a mock trading yet on them.So have no idea how these will do.Or if these scans work.
ABRG 0.024
SANG 19.35
CBIZ 1.86
COMS 6.09
FWHT 6.15
NENG 0.90
Sometimes i wonder
if we are getting way ahead of ourselfs in the technology end of things....the more we as humans look for security, the more are willing to sacifrice our libertys,IMO. Someday this stuff will become a reality, and i imagine some of it already has.
I wonder how far we will go as a society before our need for feeling safe will harbor our freedoms that so many have died for?
I wonder if we as a society put more faith in our creator then our abilitys to invent so many wonderous things that are always created for the betterment of mankind, but usually backfires in our faces, do the lack of wisdom that has fallen behind the curve of technology advancements.....if we would be better off?
LOL....just some thoughts on this crazy world that we live in.
FATS: NEWS
Firearms Training Systems, Inc. Announces Award of Singapore Contract for Sensored Weapons for Marksmanship Trainer
SUWANEE, Ga.--(BUSINESS WIRE)--Dec. 19, 2001--Firearms Training Systems, Inc. (OTC: FATS) announced today a contract award received from the Singapore Ministry of Defence for the design and development of a new system controlled weapon interfaced for use in conjunction with their existing FATS weapons training systems. The contract is valued at approx. $900K.
FATS' high fidelity weapon simulators provide unmatched realism for marksmanship, tactical and decision making training. The FATS weapon simulators purchased are currently used by over 50 countries worldwide.
"This order from the Singapore Government is particularly pleasing for the Company as it reflects further expansion into the Asian Market," commented Chairman of the Board and interim CEO, Randy Sugarman.
FATS(R) is an ISO 9001 certified company and a leading worldwide producer of interactive simulation systems designed to provide training in the handling and use of small and supporting arms for law enforcement, military and commercial applications.
CONTACT:
Firearms Training Systems, Inc.
John Morelli, 770/622-3337
KEYWORD: GEORGIA