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I've been holding for years and added some 6's to get my average down to .001...not going anywhere now after all this time! Orie is doing his best for the company and us....good guy, great company in the right sector....just a matter of a little more time...imo...enjoy
Agree...best explanation yet...imo. This is being played big time by day traders...a few working together... can buy a bunch....cheap... and play their one tick games and it's been going on for well over a month now. Has to be something like that as most regular shareholders like us, don't play games like that....we, buy the ask and let er run. thoughts? glta
Yes, he heard our concerns and confusion and clarified it...he cares about us shareholders a lot which he has proved quite a few times! Great CEO and great company and we are still sitting where we are....tough to figure. Who would sell at 1 and under when you could easily be selling at 2,3 and 4????What reason would there be to hold this down????
Agree...from CEO "2nd Q financials are coming out in couple of weeks. We continue here to take care of business."
Goog's...Good to have you back...we should be seeing multiple doubles in weeks/months ahead. :)) Praying for you health!
CEO just in Europe for 7 days and not for vacation. :))
Hmmm.nice volume...maybe the 195 mil. not dilution.....using for acquisition??? Go COHO
Yes, let's hope they got their 134k and are done, so we can get this anchor behind us forever and move forward and upward. Orie certainly doesn't want any more toxic notes as shown by his putting his own money up in the recent transaction! Hope we hear soon they are done as that would give us a nice kick/tick up...imo.
Ok, well check the new #'s....OS up around 195mil...so if not dilution maybe for a purchase or something else???
Well I have wondered and asked why Orie wouldn't say the dilution is over...which is why I knew it wasn't because I'm sure he would have as that would be big news, and am sure he will let us know when it is....hopefully soon! Well, more cheap shares for people..Go COHO!!!
What a joke:
Market Cap
1,367,692
07/17/2018
Not funny though.....ughhhhhh
Orie back from Europe...seems he did more work than play. :)) He and his team are focused on building the business and the stock will... hopefully... adjust accordingly.
Go Coho!!
Zacks Investment Research
,InvestorPlace•July 12, 2018
In a matter of just a few years, “the Cloud” has evolved from a budding new tech feature to one of the main factors driving growth in the technology sector. Cloud computing is now an essential focus for software-related companies, and cloud stocks have piqued the interest of many tech-focused investors.
I would doubt it this week with Orie being away...but would be nice to hear how things are going with the new company...maybe next week. Go COHO
Orie in Europe this week...don't know if there for business, pleasure or both. Go COHO....our daysssss will come! :)) enjoy
Not exactly sure what you mean but I think Orie, like the US is looking to kick butt, not back :)) glta
Sure that would be good, but the point is with what this company has right now, especially compared to other pink sheet companies...we should be MUCH higher right now. glta
Happy 4th all...I thank G-d for our independence and freedom and all who sacrificed their lives for us to enjoy it! Grace and Peace
This was from Orie 12/28/17
"This past year was about getting rid of the overhang we inherited and next year is all about implementing our growth strategy. I am well aware of the pressure on the share price
and again the plan is to bring in new shareholders and increase shareholders’ awareness through investors related PR activity.
We hope that the combination of taking care of the business fundamentals together with the above strategy will bring us all back to a value that better reflects a healthy company with good management in place."
Well you could invest in one of these or COHO.....many buyouts in this industry also as a quick way to grow the company. :))
Cloud computing truly has revolutionized American business. The ability to deliver top-level performance anywhere — to a customer of nearly any size — has leveled the playing field for small and medium-sized businesses. And growth is only going to rise going forward.
That would seem to create a huge opportunity in cloud computing stocks. But the problem is that the trend isn’t exactly hidden — or new. Investors already are pricing many cloud plays at exceedingly high multiples to earnings — and in the cases of many companies that remain unprofitable, to sales.
The 10 Fastest-Growing Stocks to Invest In Right Now
But there are still opportunities to play the cloud computing trends with stocks whose valuations still allow for strong upside going forward. These four stocks all will benefit from cloud computing — and all are priced reasonably enough to satisfy investors looking for attractive entry points.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Cloud Computing Stocks to Consider: Micron (MU)
Cloud Computing Stocks to Consider: Micron (MU)View photos
Cloud Computing Stocks to Consider: Micron (MU)
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Source: Shutterstock
I’ve admittedly been pushing Micron (NASDAQ:MU) pretty hard lately, but there really isn’t a better cloud play right now than MU stock. And in my defense, I’m not alone in saying that.
Luke Lango pointed to cloud computing last week in arguing that MU should trade above $70. Stifel analyst Kevin Cassidy made a similar point after earnings this month, and gave Micron stock a $108 price target. JP Morgan (NYSE:JPM) has cited the cloud tailwind, and so has Morgan Stanley (NYSE:MS).
The core argument is rather simple. Micron trades at a seemingly ridiculous valuation (barely 5x forward EPS) because investors are worried that always-cyclical memory pricing eventually will decline. But the memory — particularly on the DRAM side — required for cloud computing should provide years of demand that can help offset any supply expansion. If cloud computing continues to grow, Micron’s pricing should hold — and so should its earnings. And at some point in that scenario, Micron will be trading for a lot more than 5x EPS and its current price of $53.
Cloud Computing Stocks to Consider: Adobe (ADBE)
Cloud Computing Stocks to Consider: Adobe (ADBE)View photos
Cloud Computing Stocks to Consider: Adobe (ADBE)
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The story at Adobe (NASDAQ:ADBE) is a faster-growing version of that of Microsoft (NASDAQ:MSFT). In both cases, the shift from “on-premise” software to cloud-based offerings hasn’t just been a case of selling the same product in a different medium. Rather, the move to the cloud has opened up new cross-selling and revenue opportunities … and benefited margins as well.
Indeed, Adobe’s fantastic growth story often seems a bit lost in the shuffle in terms of tech coverage, despite a $120 billion market capitalization and hugely impressive performance. In fiscal Q2, revenue rose 24% and EPS jumped an impressive 77% year-over-year. Adobe once again beat analyst estimates; it hasn’t missed consensus on either revenue or EPS since September 2014.
7 Stocks to Buy That Aren’t in the Dow But Should Be
Valuation is a bit of a concern, as Lango pointed out after the fiscal Q2 report. But a 31x forward EPS multiple isn’t that oppressive in the context of recent growth, and a pullback since earnings has brought the valuation in a bit. Investors are still paying up for ADBE, but at least they’re paying up for quality.
Cloud Computing Stocks to Consider: Red Hat (RHT)
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Source: Shutterstock
Investors need to tread carefully with Red Hat (NYSE:RHT). RHT stock continues to plunge after disappointing fiscal Q1 earnings last week. The stock now has fallen 24% from all-time highs set just about two weeks ago.
So on one hand, investors are catching a falling knife. On the other, it’s not as if Red Hat stock is suddenly that cheap. RHT still has gained 12% so far this year — and still trades at 33x forward earnings. If growth truly is decelerating, as investors seem to fear coming out of the weak Q1, there is more potential downside here. Near-term, investors might want to wait for a bottom before trying to enter a position.
Still, as ugly as Q1 looked, the long-term story here still looks solid. Red Hat’s dominance in open-source software underpins the business model, and the company should benefit from increasing “private cloud” development going forward. Meanwhile, RHT long has been rumored as a takeover target, with Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) recently floated as a possible buyer.
RHT stock isn’t cheap but it is cheaper. And there’s a case that after the 24% selloff, it’s back to being too cheap.
Cloud Computing Stocks to Consider: CyrusOne
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Source: Shutterstock
Very few cloud computing stocks offer dividends. The most successful companies, after all, still have significant opportunities to invest capital back into the business.
But investors looking for yield and cloud exposure can look to data center REITs. And the choice here is CyrusOne (NASDAQ:CONE). Cloud computing efforts require space and datacenter owners like CyrusOne provide that space for a handsome fee.
5 of the Best Stocks to Invest In Right Now For Massive Growth
The industry is still growing — and yet CONE looks reasonably priced. The stock trades at under 18x the midpoint of guidance for full-year normalized FFO (funds from operations). The dividend yield is a solid 3.2%. CONE isn’t going to be a high-flyer like other stocks on this list could be, but it’s an attractive investment with the potential for double-digit annual total return going forward.
As of this writing, Vince Martin has no positions in any securities mentioned.
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The post 4 Cloud Computing Stocks to Consider appeared first on InvestorPlace.
WOW...Nice!! Read that last paragraph VERY carefully! :)) Last yr. they had some issues but did get in the recycling business. With ItatOnce, they want to be one of the major players in the industry, so I think we will be hearing much more this yr. as Orie said they are focusing on growth this yr.
https://www.esoutlook.com/magazines/May2017/ITInfrastructure/
Sorry, but I just can't believe that for weeks now, millions and millions of shares sold at 7&8 are short sighted traders....something bigger than that is happening here....imo.
Thanks...I have over 4 yrs. of patience here and not going anywhere now after all this time....just tough watching this now after it seemed we finally broke through, only to retreat back to the poop and manipulation....wish we knew exactly what is or who is doing this....hanging in... glta
Right now this diamond is stuck in the poop....we need a good pooper scooper to free us!! :)) Please!!
There are many companies trading at these levels with next to nothing...we all know this should be MUCH higher than it is with what we have right now. There is some serious manipulation for weeks here that no one really seems to know exactly who,or why they would do this with this stock that would run to a penny in a flash if it wasn't happening....imo ughhhh been here for yrs. and not going anywhere...more patience required...ughhh
After July 2,2018 looks like all the MM's funbank is going to get a little tighter around the belt. Basically retaining any fails to deliver on any ticker symbol is going to cost them if they are not cleared through the transfer agent and made good on in a legal way...ext...
It's about time too.
SECURITIES AND EXCHANGE COMMISSION
(Release No. 34-83457; File No. SR-FICC-2018-004)
June 18, 2018
Self-Regulatory Organizations; Fixed Income Clearing Corporation; Order Approving Proposed Rule Change to Introduce a Floor to the Calculation of the Fails Charges and Make Other Changes
On May 8, 2018, Fixed Income Clearing Corporation (“FICC”) filed with the Securities and Exchange Commission (“Commission”) proposed rule change SR-FICC-2018-004, pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act”)1 and Rule 19b-4 thereunder.2 The proposed rule change was published for comment in the Federal Register on May 17, 2018.3 The Commission did not receive any comment letters on the proposed rule change. For the reasons discussed below, the Commission approves the proposed rule change.
I. Description of the Proposed Rule Change
The proposed rule change would update FICC’s Government Securities Division (“GSD”) Rulebook (“GSD Rules”) and FICC’s Mortgage-Backed Securities Division (“MBSD”) Clearing Rules (“MBSD Rules”)4 to (i) introduce a floor of one percent to the calculation of the existing fails charge rules, (ii) clarify the target rate that may be used in the fails charge calculations under certain circumstances, and (iii) make certain technical
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b-4.
3 See Securities Exchange Act Release No. 83222 (May 11, 2018), 83 FR 23032 (May 17, 2018) (SR-FICC-2018-004) (“Notice”).
4 The GSD Rules and the MBSD Rules are available at http://www.dtcc.com/legal/rules-and-procedures
changes to the fails charge provisions to ensure consistent use of defined terms.
5
The proposed rule change would also update the MBSD Rules to clarify that a cap applies to the MBSD fails charge.
6
Each of these proposed changes are described below.
A. Proposed One Percent Floor
In a securities transaction, a settlement fail occurs when the seller does not deliver the securities to the buyer on the agreed upon settlement date. FICC states that although settlement fails are generally not treated as contractual default events, provided that the failing seller delivers the securities soon after the settlement date, persistent elevated levels of settlement fails create market inefficiencies and increase credit risk for market participants.
7
To help mitigate settlement fails, FICC maintains a fails charge in both the GSD Rules and the MBSD Rules.
8
However, FICC states that under the current GSD Rules and MBSD Rules, the respective fails charge calculations could result in a zero charge.
9
Specifically, under the GSD version of the current fails charge, if the federal funds target rate would rise to three percent, then the calculation of the charge would result in a zero charge.
10
Similarly, under the MBSD version of the current fails charge, if the federal funds target rate would rise to two percent, then the calculation of the charge would result in a zero charge.
11
To address this issue, FICC proposes to amend the GSD Rules and the MBSD Rules to add a one percent floor to the respective GSD and MBSD fails charge calculations.
12
FICC’s proposal comes in response to a recent announcement by the Treasury Market Practices Group (“TMPG”),
13
in which the TMPG proposed the same change to its recommended best practices to help ensure that there is always a minimum fails charge amount.
14
The TMPG states that its recommendation of a one percent floor is driven by the concern that market participants would discontinue their fails charge operational processes in a prolonged zero charge scenario.
15
Adding the one percent floor would help maintain a fails charge during elevated federal funds target rate levels, and thereby help ensure that market participants do not discontinue their fails charge operational processes.
16
FICC states that as one of the largest participants in U.S. Government securities market, it is imperative that FICC implement the TMPG’s recommendation to help maintain consistency and symmetry within the market.
17
Notice, 83 FR at 23032-34.
6 Id.
7 See Notice, 83 FR at 23033. See also Frequently Asked Questions: TMPG Fails Charges (April 23, 2018) at 1, available at https://www.newyorkfed.org/medialibrary/microsites/tmpg/files/TMPG-Fails-Charge-FAQ-04-23-2018.pdf (“FAQ”).
8 GSD Rule 11; MBSD Rule 12, supra note 4.
9 Id.; Notice, 83 FR at 23034.
E. Implementation Timeframe
FICC proposes to implement the proposed changes on July 2, 2018
.33 FICC states that it would announce such implementation date by Important Notice.34
FICC’s proposal to implement a one percent floor to the fails charge calculations would advance FICC’s efforts to "Discourage settlement fails by ensuring that the fails charge calculation would not produce a zero charge, particularly during periods of elevated target levels for the federal funds rate. In turn, ensuring that the respective GSD and MBSD fails charge calculations do not produce a zero charge would encourage market participants to maintain their fails charge operational processes. Accordingly, the Commission finds that the proposed rule change is designed to help ensure that settlement in the applicable markets covered by FICC’s processes occurs on a timely basis, and thereby promotes the prompt and accurate clearance and settlement of securities transactions", consistent with Section 17A(b)(3)(F) of the Act
------------------------------------------------------------------------------------------------------------------------------------
FICC-2018-004
FICC - GOV, FICC - MBS
Update the Government Securities Division Rulebook and the Mortgage-Backed Securities Division Clearing Rules to introduce a floor to the calculation of the fails charges and make other changes
Federal Release:
Release No. 34-83457; File No. SR-FICC-2018-004
(June 18, 2018)
http://www.dtcc.com/legal/sec-rule-filings
I know he said that audited fins were in his plan but not sure what the status of that is right now. He is not building this business to be a sub penny or penny stock company....imo.
Amaze me please... this is unreal!!
You nailed it..." Business is moving forward steady as she goes and myself and management are focused on executing business fundamentals and on growth as always. We are only putting out press releases when there is actual news to share or the posting of required financials reporting. That is the policy of our company and I believe it is a sound policy."
I think he wouldn't mind it..his response..lol
"From your mouth (typing hand) to G-D’s ear"
Yup that would be great...if I remember right they lost 2 clients that took it in hse. and now maybe with more to offer they could lure them back.
Maz, I sent him that and said he only has to get 1b out of the 302 and we would be good!! :))
Wow, nice...can't imaging any other pinky ceo having close to that invested in their company! He is taking his time and building this company...already making money...doing his DD to be sure they are the right fit due to all he has invested in it.
" we strongly believe that taking care of the business fundamentals will have a positive reflection on the price."
Thanks maz...shame how such a good companies stock can be manipulated like this!!
Couple more...another major plus here compared to other pinks...he really does care about his shareholders and growing the stock and am sure not happy with what is going on but has no real control over that side.
" We are fully committed here to see this business continue to grow according to plan."
"I can only hope that the work we do here will improve shareholders’ value."
Response from email
maz/ from Orie "" Everyone needs to realize that I have the largest investment than all in this with over $1.7Mil invested personally so not one shareholder or even the entire community has more risk/reward than myself."
Solid CEO building a business in great sectors, "steady as she goes"
"This past year was about getting rid of the overhang we inherited and next year is all about implementing our growth strategy. I am well aware of the pressure on the share price
and again the plan is to bring in new shareholders and increase shareholders’ awareness through investors related PR activity.
We hope that the combination of taking care of the business fundamentals together with the above strategy will bring us all back to a value that better reflects a healthy company with good management in place."
Also: :))
"The NOL is a good thing! No taxes for few years. That was one of the strong points of our COHO deal"
Well, just from all the facts written here about the company....not many or any compare on the pinks. However it does have quite a high float which is part of our problem here...imo getting legs...hard to lock it up in longs hands...so, a couple of cents I think would be fair right now, and taking this into consideration...."stock prices are concerned with future earnings, not last year’s." it could/should adjust higher.