full-time investing; total portfolio up over 130% in 2009; but 2010 sucks!
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Stock not trading higher due to the Risk associated with WHAT the news actually IS. Yes, it will move up if news is perceived as good, but down if news is perceived as disappointing. In either case, the move will not be small. I expect a 10-20 % delta by Thursday afternoon from current price.
PKZ down on Kazakh govt right of first refusal news. Actually, this is just a formality, but it should not impact the sale amount, only the bidders' aggressiveness, knowing that the Kazakh govt may buy at a price any company offers. It looks like they should fetch at least $40 on the market eventually when the bids get made public, but there may not be as many bidders as otherwise might be expected.
Funky .67 trade... I wish it really were so.
My final answer (replacing TGB with DAAT)
ASPN, KSWW, WHAI, XWG, CGNW, DAAT
OT: Ah, the beauty of Mount Zao where I first put on snow skis.
My crystal balls say:
ASPN, KSWW, WHAI, XWG, TGB, CGNW
I also added to GFCI today at .48 though I suspect significant dilution with acquisition of Global Tools. Could be someone (helping Global) trying to draw down the price of GFCI to get more shares for Global shareholders.
For the rest of the reasons that THK continues to sink... check the following list of insider sells... and sells... and sells...
http://www.secform4.com/insider/showhistory.php?symbol=thk
Any idea what has caused this "watershed" price? 13% drop is not particularly indicative of confidence in management.
CYD and ERS have both corrected below reason. Bought some CYD at 12.25 this AM and trying to add to ERS if it slips lower today.
CYD got slapped silly last two days. Down over a buck since Thursday. Now at 12.13 so not a bad entry point for those who have been following... good luck
Important caveat in the NWAU release:
..."These statements do not include the potential impact of the previously-announced transactions noted above, or any other mergers, acquisitions or business combinations that may be completed after the date of this release."
As I interpret this, they are saying the merger (costs of merger, potential dilution factor, etc.) may impact their .30-.33 earnings expectation.
You do, sweetheart. Up 10% thus far.
AZZ about to take off on earnings that beat concensus
Still sounds to me like the "other" company is a going entity with fiscal value of its own, not just a shell with no business ongoing.
WHAI.ob, GFCI.pk, and NWAU.pk all doing well of late. GFCI and NWAU had good news yesterday. WHAI was just recommended yesterday by a (run of the mill) stock analyst.
Booooooshe!
I don't think the news mentioned "shell", but rather a fully reporting OTC company. It seems like we are playing "pass the secret" and changing the message as we go. Stand by, we have less than a week til the details will out.
Great news on GFCI ... they are partnering with a Canadian company to offer their products on rental/lease basis. Great news! Going higher tomorrow I suppose.
___________________________________________________
Grifco International Extends to World's Largest Coil Tubing Market
Thursday June 23, 6:59 pm ET
HOUSTON, TX--(MARKET WIRE)--Jun 23, 2005 -- Grifco International, Inc. (Other OTC:GFCI.PK - News), a provider of oil and gas services equipment to the worldwide oil and gas industry, has begun negotiations for a joint venture to establish a rental and sales operation on Canadian soil to better service the coil tubing market in Canada, Alaska and the Northern United States.
Canada has approximately 278 coil tubing units in operation, representing roughly half the coil tubing units in operation worldwide and an enormous market essentially in Grifco's backyard. A Grifco representative visited with several companies this past week to discuss a joint venture relationship in the region. The most likely candidate to emerge is an established company with eight locations throughout Canada and over 25 years experience in the marketplace.
With the recent addition of Coil tubing Technology, Grifco will offer to Canadian wireline and coil tubing outfits a selection of tools under one roof that competitors simply cannot match. The response to the CTT Jet Motor at a recent Canadian tradeshow was tremendous, and sparked Grifco's interest in establishing a base in Canada. Canada has many shallow wells and the jet motor will be most effective in this area according to one of the service reps Grifco spoke to this week.
Grifco's ability to offer tools for sale in Canada, in addition to having a rental and service operation, will solidify its position as a premiere North American supplier of quality tools and service.
Grifco International is a leading provider of oil and gas services equipment, specializing in the conception, architecture, and development of tools for the coil tubing, wireline, and snubbing industry throughout the US, China, Mexico and South America. Grifco's patented products are known and used throughout the world. In addition to our patented tools, Grifco designs and manufactures over 350 products for the Oil and Gas industry with a clientele boasting the biggest names in the business, including Halliburton, Exxon, and Schlumberger. Please visit www.grifco.org
The cost to NWAU shareholders for becoming an OTCBB company will the amount paid to the owner of the shell company. Shell merger requires negotiation and various machinations. Total number of shares outstanding of merged company will NOT be same as current shares of NWAU. No telling what to expect on final number of shares, but it is a negotiable item. NWAU must have determined that buying all shares of the "shell" from that owner had enough value (cheaper and quicker than applying for OTCBB listing and reporting requirements to get listed initially).
Keep in mind that stockholders do sell into strength, so don't assume it is manipulation by NWAU-associated people. Looks like simple profit-taking activity to me. It ran up quickly, volume eased off, some sold a portion of their shares. Stock has stabilized at a higher level and will probably continue to drift slowly higher as more good news is announced.
IPII=OUCH ... XWG=OUCH ... I need to revisit my DD on these two stocks. Can anyone share your estimates of current qtr earnings for IPII and XWG? Thanks in advance.
CGNW: Form 8-K for COGNIGEN NETWORKS INC
--------------------------------------------------------------------------------
23-Jun-2005
Entry into Material Agreement, Financial Statements and Exhibits
Item 1.01. Entry Into a Material Definitive Agreement.
On June 20, 2005, we entered into an Agreement Granting a First Right of Refusal to Purchase Enterprise Assets with the Anderson Family Trust No. 1 ("AFT"). Pursuant to the Agreement, in consideration for a payment of $15,000, the AFT granted us a First Right of Refusal ("FRR") to purchase certain of the assets of the Cantara Agency that were granted by us to the Cantara Agency pursuant to a Stock Redemption Agreement dated November 30, 2001. Therefore, if a third party offers to purchase such assets by December 30, 2005, we have the first right of refusal to match that offer within 10 working days after our receipt of the FRR. The $15,000 is credited against the purchase price if we exercise our FRR or is refunded to us if Cantara is sold to a third party for which we were not provided with the FRR. If we do not exercise our FRR and we were provided with our FRR, the $15,000 is deemed fully earned by the AFT.
Kevin E. Anderson and his family are the beneficiaries of the AFT. Kevin E. Anderson might be deemed to beneficially own the 1,158,505 of our shares that are owned by the AFT and Cognigen Corporation, which is approximately 98.9% owned by the AFT. As a result of this ownership, the AFT and Kevin E. Anderson may be deemed to beneficially own about 13.2% of our outstanding shares.
In addition, we pay Kevin E. Anderson, Inc. a consulting fee of $4,000 per month and pay for Kevin E. Anderson, Inc.'s internet connection of about $500 per month.
CGNW ... going nowhere fast ... talked about frequently by HWEB and OTCbargains, but not getting enough buying pressure to warrant much interest short-term. Perhaps this is buying time. Now trading @ .45 to.50
Navicom is growing. Perhaps they'll need to do a private placement to raise some money for their fast growth? I'd like to get some more cheap shares here.
SWTX news out on change in their credit facility. I assume they are getting a better rate?
Given the PR by Global before the buyout, the former head of Global and Jim Dial may not trust each other or get along well enough after the buyout, so that may put GFCI performance at risk, that is, if Global head stays around.
Just a negative thought perhaps, but I like to realize all the possibilities. Surely it won't be as disastrous as TimeWarner and AOL since Global and Grifco are in the same market segment.
Closing on Global will probably mean share dilution. Big question is how much dilution will result. Hopefully they haven't already locked in some deal where GFCI bought Global with .50 shares, cause that would mean greater dilution.
Rise in Housing costs has been INFLATION pure and simple, whether it all shows up in gov't figures or not. Banks have made out like bandits. Homeowners who think they are doing great will realize in retirement that they must spend many more dollars on housing than they had budgeted.
Thanks, B2B, for sharing this great DD on GFCI.
C', like I said before, "Disclosure: I own it, because I like the potential, but I continue to consider it highly speculative."
Be assured that I own enough NOT to try to drive it down. But I also like to get perspectives from various persons. Don't you? This is the GFCI board for open exchange and questions and answers and comments, isn't it?
Regards, 'peeker
Anyone remember the name of gas driller mentioned on Cramer yesterday? They'd hit some wells in CA, which was catalyst for quite a run. Cramer talked to the CEO who remained positive on the company. Cramer stays with his large cap gas drillers and dissed the small gas drillers. I think they had corrected about 10% earlier today. Anyway, the point being that if ASPN comes out with good drilling results, they could indeed have a good move with the news.
Nice bounce on XWG today, but volume is not as high as yesterday. Could drift lower again this afternoon (like the correction that has occurred most days recently).
Say, "Ahhhhhh".
GFCI remains highly speculative for all investors, even you, Ripsuck!
Disclosure: I own it, because I like the potential, but I continue to consider it highly speculative.
Click!
1. Can they really bring in 2million a month by renting these things? How soon?
2. How many new personnel are required to support these units in the field?
3. If they truly are the best thing since sliced bread, shouldn't we hear soon that they will continue to build more than 50?
4. Will they be added to and serviced by Global Tools' Libyan operations as well?
PTSC taking off premkt
T/A of XWG: Inverse Cranial Recto formation....
XWG is oversold and will recover from "inverse cranial recto" formation, that is, XWG has bent over backwards to stick its head up its own tail for the last two weeks, but it will recover. Now down .90 today (-13%)
XWG has been pummelled in last two weeks, down >30% from $9.40 to current $6.35. Yowwwwch!
GFCI: Medical Advice
Side effects: Queasy stomach.
Directions for how to take your GFCI medicine: Not required to take with food, but stop by 7-11 and get a Super Big Gulp, 'cause you're gonna need something to calm your nerves and settle that queasy stomach.
Here's a DD checklist for researching stocks. Just thought it might be handy for those that wish to develop a repeatable methodology.
http://www.goldenlists.com/tgl/index.html
Regards, and good trading ...