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I agree, I am seaching for answers. The only answer may be a temp pullback...or worse we could be headed down to 200 day mvg avgs for all stocks before 6/15 bounce.
It isn't the earnings of TGB that are important. It is the commodity of copper that is highly volatile.
Isn't it funny- the best opps are when you want to puke?
Revenue approx $16 to $33Million !!!
Revenue approx $16 to $33Million !!!
My favorite - Revenue approx $16 to $33Million
-Their pay-per-views are starting to rival or surpass boxing's numbers. Couture vs. Liddell drew over 400,000 buys earlier this year. While De la Hoya vs. Mayorga drew about 870,000 buys, the vast majority of boxing PPVs that aren't heavyweights or De La Hoya do not draw 400,000 buys.
Buys.................Price....Revenue
400,000.00.....9.95.....$3,980,000.00
870,000.00.....9.95.....$8,656,500.00
400,000.00.....9.95.....$3,980,000.00
Total 1,670,000..........$16,616,500.00
Buys.................Price....Revenue
400,000.00.....19.95....$7,980,000.00
870,000.00.....19.95....$17,356,500.00
400,000.00.....19.95....$7,980,000.00
Total 1,670,000..........$33,316,500.00
Perfect storm underway across ALL equities.
Do you know with certainty 111 mil OUTSTANDING?
Yes, but that is accross all stocks now. BCON has the worst fundamentals. Caution here.
Thanks Dr-J. Your awesome!
God is answering my prayers. I am getting capital to deploy into this next week.
Unable to pull these..can you? Getting error messages "need to update to sharpcharts2"?
Looking to add more if this goes any lower.
added another 1500 at .69.
Confidence. That is what makes this real.
Added to DESC. Calling this bottom at 5.32
Just added...calling this bottom at 5.32
added 5k shrs at .69. Happy Camper :)
added yesterday at .53. Anyone here???
Dow Jones Real-Time News for InvestorsSM
07:19 a.m. 05/18/2006
DOW JONES NEWSWIRES
LONDON (Dow Jones)--Crude oil futures in London traded lower Thursday as speculators remained concerned about the prospect of further U.S. interest rate hikes and a slowing global economy.
At 1100 GMT, the front-month July Brent contract on London's ICE Futures exchange was down 18 cents at $68.86 a barrel.
The front month June crude contract on the New York Mercantile Exchange was trading 18 cents lower at $68.51/bbl.
In terms of products, the ICE's gasoil contract for June delivery was down $1.75 at $610.25 a metric ton.
Crude extended the previous session's weakness as investors remain jittery about inflation.
The entire commodity complex as well as global equity markets were rocked Wednesday by a U.S. consumer price index reading for April that heightened fears about interest rate hikes.
The U.S. Labor Department said core consumer prices grew by a larger-than-expected 0.3% in April. The rise placed the annual rate of core inflation at 2.3%, above the 2% limit with which the U.S. Fed is thought to be comfortable.
"We seem to be rather locked into what other markets are doing," said an oil broker, noting weaker equities had put pressure on the commodities sector.
"It looks like markets are in the doldrums now," said another broker, who said oil prices could pullback to around the $64/bbl level.
Crude oil sentiment was dealt a further blow by a modestly bearish weekly inventory report from the U.S. Department of Energy Wednesday.
The data showed a 1.3 million barrel build in U.S. gasoline stocks, while crude oil and distillate inventories fell by 100,000 barrels in the week ended May 12.
"The oil product inventory overhang continues to be whittled away, with the gaps closing in distillates, while gasoline inventories are keeping pace with the normal pattern despite surprisingly high import levels being recorded," said analysts at Barclays Capital in London.
Despite oil's correction Thursday Iran's unresolved standoff with the West over its uranium enrichment activities is still helping prop up the bull case for prices.
Earlier Thursday U.N. Secretary-general Kofi Annan said the Iranian situation is a "crisis" in need of urgent attention by the international community.
Annan, speaking at the Japan National Press Club, said only a negotiated settlement would resolve the dispute over Iran's uranium enrichment program.
"It is a crisis in the sense we need to work very actively," Annan told reporters.
-By Lananh Nguyen, Dow Jones Newswires; +44 (0) 207-842- 9479; lananh.nguyen@dowjones.com
lol. Take me higher GREEN please :)
still metals are KING. Commodities are KING.
I think he will not raise rates i June and we will have a blow up. Nobody is expecting this. Either way Metals are the way to go...They are correcting violently now and even if rates continue to rise, they will rise.
My condolences gentleman. But this was "Watered Stock" as Hetty Green says.
Anyone with balls of steele adding here?
Added more TGB, HEC, QEE, AGT today on pull pack.
Added more TGB, HEC, QEE, AGT today on pull pack.
Metals are a good bet.
My sound advice newsletter thinks so.
http://www.soundadvice-newsletter.com/new_issue.pdf
Volume is lightest ever.
Not sure, but just added 1000 shares at $3
http://stockcharts.com/h-sc/ui?s=bcon
3. Now paste the URL between [*chart*] and [*/chart*], taking out the *. Here is an example(just pretend the * are not there-have to add the * so it won't try to make a chart)
HEC CUP .66 to .98 to .68 to .72. forming again.
MMs aren't done playing with this I think.
HEC will be back in the 80s shortly.
from Yahoo Message Board: MMs aren't done playing with this I think.Gotta remember, The MM can't make any $$ if you don't sell. Low volume will make them pull more tricks out of the bag.And, as always, buyer beware and forewarned here.
HEC will be back in the 80s shortly, at the least, so be patient.
added more this am at .73.
Yes, I am adding tomorrow. eom.
From Yahoo Message Board: GET READY FOR TAKEOFF .+++++++++
by: mahabug
Long-Term Sentiment: Strong Buy 05/16/06 06:05 am
Msg: 211447 of 211449
THIS IS THE BOTTOM.... UPTREND STILL IN PLACE...LONG TERM LOOKS EXCELLENT..LOL
PEACE
MAHABUG
Nice slappy to $.50. Adding anyone???
Yeah...Chaos presents oppty. I am just guessing here that anyone with balls to invest now in these valleys will be smiling by September at least.
What filing ?
Nope. This is one of those stocks that is purely speculative. No info avail.
Arotech Corporation Reports Results for the First Quarter, 2006; Backlog Now Stands at $39 Million
4:05 p.m. 05/15/2006 Provided by
ANN ARBOR, Mich., May 15, 2006 (BUSINESS WIRE) -- Arotech Corporation (NasdaqNM: ARTX), a provider of quality defense and security products for the military, law enforcement and security markets, today reported results for the quarter ending March 31, 2006.
First Quarter Results
Revenues for the first quarter were $8.9 million, compared to $10.4 million for the corresponding period in 2005.
Gross Profit for the quarter was $2.2 million or 25.2% of revenues, compared to $4.0 million or 38.7% of revenues for the corresponding period in 2005. The decline in gross margins was attributable to the decrease in revenues in the Armor and Battery and Power Systems Divisions, as well as a change in the mix of products and customers in 2006 in comparison to 2005 and substantial expenses incurred in respect of production of a new product in the Armor Division.
The Operating Loss for the quarter was $2.8 million compared to a loss of $1.7 million for the corresponding period in 2005. The Company recorded a net loss of $4.2 million or ($0.05) per share for the quarter, before a deemed dividend, compared to a loss of $2.5 million or ($0.03) per share for the first quarter of 2005.
"We are disappointed with our results for the quarter," said Robert S. Ehrlich, Chairman and CEO of Arotech Corporation. "In addition to the expected seasonal pattern of a weaker first quarter, we needed to defer the billing of a substantial Armor order to the second quarter, which negatively impacted our results."
"We remain confident, however, in our ability to achieve better results for the remainder of the year, which will be primarily reflected in a stronger second half. We recently received several substantial orders contributing to our current funded backlog of close to $40 million. Our Simulation Division continues to perform well and experience strong demand, which we anticipate will carry on throughout the year.
"We recently announced a strategic breakthrough for our Armor Division with the receipt of $22 million in orders from the Israel Defense Force for "David" combat armored vehicles. The David is an ultra-light armored personnel carrier for combat missions designed for the urban low intensity conflict. We believe the David can be appropriate to many urban warfare situations, and we are planning on presentations of the David to other militaries facing similar urban warfare situations. With the receipt of these orders, we anticipate an improvement in the Armor division's performance in the coming quarters.
"During the first quarter, we continued to progress with our restructuring and consolidation program, resulting in a decrease in operating expenses. We remain focused on achieving sustainable profitable growth through existing operations and believe that the steps we have taken to monitor our costs, together with our funded backlog, will enable us to enhance market share and show overall growth in revenues and improvement in operating results going forward," concluded Ehrlich.
Cash Position at March 31, 2006
Cash-on-hand and cash equivalents, restricted collateral deposits and other restricted cash at the end of the quarter stood at $5.3 million in cash, $6.8 million in restricted collateral securities and restricted held-to-maturity securities due within one year and $525,000 in long term restricted deposits, as compared with $6.2 million in cash, $3.9 million in restricted collateral securities and restricted held-to-maturity securities due within one year and $779,000 million in long-term restricted securities and deposits at the end of 2005.
Backlog
The Company's backlog stood at $38.8 million at the end of the quarter and at $38.7 million at the end of April, 2006.
Stockholders' Equity
Stockholders' equity at the end of the quarter was approximately $47.6 million.
Nasdaq Update
Arotech is still awaiting a decision in respect of the April 27, 2006 Nasdaq Listing Qualifications Panel review of the Nasdaq Staff Determination regarding the proposed delisting of Arotech's stock from the Nasdaq National Market. Arotech will update the public promptly upon its receipt of a decision.
Conference Call
Arotech Corporation will hold a conference call to discuss its first quarter 2006 results, today, May 15, 2006, at 5:00 p.m. ET. Those wishing to take part in the conference call should call U.S. (800) 474-8920 or International 1 (719) 457 2727 a few minutes before the 5:00 p.m. ET start time. In addition, a replay option will be available Monday, May 15, 2006 at 8:00 p.m. ET until Wednesday, May 17, 2006 at 11:59 p.m. ET. The replay telephone number is U.S. (888) 203-1112 or International 1 (719) 457-0820. The replay passcode is: 6502914.
About Arotech Corporation
Arotech Corporation is a leading provider of quality defense and security products for the military, law enforcement and homeland security markets, including multimedia interactive simulators/trainers, lightweight armoring and advanced zinc-air and lithium batteries and chargers. Arotech operates through three major business divisions: Armor, Simulation and Training and Battery and Power Systems.
Arotech is incorporated in Delaware, with corporate offices in Ann Arbor, Michigan, and research, development and production subsidiaries in Alabama, Colorado, Michigan, California and Israel.
Except for the historical information herein, the matters discussed in this news release include forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, including the results of our restructuring program. Forward-looking statements reflect management's current knowledge, assumptions, judgment and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, readers are cautioned not to place undue reliance on these forward-looking statements, as they are subject to various risks and uncertainties that may cause actual results to vary materially. These risks and uncertainties include, but are not limited to, risks relating to: the ineffectiveness of Arotech's internal control over financial reporting and disclosure controls and procedures; product and technology development; the uncertainty of the market for Arotech's products; changing economic conditions; delay, cancellation or non-renewal, in whole or in part, of contracts or of purchase orders; Arotech's ability to remain listed on the Nasdaq Stock Market in accordance with the Nasdaq's $1.00 minimum bid price and other continued listing standards; dilution resulting from issuances of Arotech's common stock upon conversion or payment of its outstanding convertible debt, which would be increasingly dilutive if and to the extent that the market price of Arotech's stock decreases; and other risk factors detailed in Arotech's most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2005 and other filings with the Securities and Exchange Commission. Arotech assumes no obligation to update the information in this release. Reference to the Company's website above does not constitute incorporation of any of the information thereon into this press release.
AROTECH CORPORATION CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) Three months ended March 31, ---------------------------- 2006 2005 --------------- ------------ Revenues $ 8,896,412 $10,387,445 Cost of revenues 6,452,752 6,371,874 --------------- ------------ Gross profit 2,243,660 4,015,571 Research and development 304,612 414,678 Selling and marketing expenses 899,268 1,158,820 General and administrative expenses 3,102,536 3,356,412 Amortization of intangible assets 510,692 823,088 Impairment of intangible assets 204,059 - --------------- ------------ Total operating costs and expenses 5,021,167 5,752,998 --------------- ------------ Operating loss (2,777,507) (1,737,427) Other income 17,506 - Financial expenses, net (1,461,136) (468,855) --------------- ------------ Loss before minority interest in loss (earnings) of subsidiaries, earnings from affiliated company and tax expenses (4,221,137) (2,206,282) Income taxes (39,972) (217,264) Earnings from affiliated company 38,472 - Minorities interest in loss (earnings) of subsidiaries 9,189 (32,954) --------------- ------------ Net loss (4,213,448) (2,456,500) Deemed dividend to certain stockholders (317,207) - --------------- ------------ Net loss attributable to common stockholders $(4,530,655) $(2,456,500) =============== ============ Basic and diluted net loss per share from continuing operations $ (0.05) $ (0.03) =============== ============ Basic and diluted net loss per share $ (0.05) $ (0.03) =============== ============ Weighted average number of shares used in computing basic net loss per share 90,722,273 80,102,089 =============== ============
Arotech Corporation Kim Kelly, 866-317-4677 kim@arotech.com www.arotech.com