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IBAS is moving nicely. currently @$1.30
xing is up again big time. Glad I still have half.
Arch 3-4-3, LOL. Did a 2-bagger on ENE. Been a good week.
Thanks Josh.
Good Morning, any thoughts on IBAS? holding a little, think it may break soon
Good Morning people. Josh, any thoughts on IBAS? I got a feeling this one is going to break out. tia- Tim
Arch, thanks. Bought it a couple of weeks ago @2.69. Did not expect this run being this strong.
Anyone guess how high XING will go?
xing. Broke through resistance. Any thoughts how high it will go?
Josh and gang, any thoughts on fire @.75?
FirePond Inc. creates intelligent selling and online customer service software that helps companies to improve ROI by solving the most difficult aspects of customer acquisition and retention. Firepond's SalesPerformer and eServicePerfomer products leverage intelligence engines and automation technology to significantly shorten sales cycles, create greater revenue per channel and per rep., ensure accurate sales orders, develop complex proposals in hours, maximize price optimization, improve contact center productivity, reduced service times, and lower CSR turnover. Headquartered in Waltham, Massachusetts, Firepond supplies solutions for more than 100 diverse companies including ABB, AT&T Wireless, Compaq, Continental Airlines, Empire Blue Cross Blue Shield, Ford Europe, Freightliner, Hitachi, Honda of Japan, John Deere, KLA-Tencor, NEC International, Renault, Ricoh Europe, Sikorsky Aircraft and Virgin Mobile.
Book Value (mrq*) $1.55
Total Cash (mrq) $44.3M
Shares Outstanding 38.8M
Float 14.0M
Support Price (5day): $0.720
Support Price (20day): $0.710
Support Price (50day): $0.410
Support Price (100day): $0.410
Resistance Price (5day): $0.960
Resistance Price (20day): $0.980
Resistance Price (50day): $0.980
Resistance Price (100day): $1.000
Zacks average brokerage recommendation is Hold
Two or more executives, directors or major shareholders purchased a large number of shares recently. Very positive
One or more analysts has significantly increased quarterly earnings estimates for FIRE. Positive
Shares are neither being accumulated heavily nor sold heavily by financial institutions. Neutral for a small company like FIRE
The StockScouter measure of relative price change and consistency is high. Positive
Any thoughts on FIRE at .75?
FirePond Inc. creates intelligent selling and online customer service software that helps companies to improve ROI by solving the most difficult aspects of customer acquisition and retention. Firepond's SalesPerformer and eServicePerfomer products leverage intelligence engines and automation technology to significantly shorten sales cycles, create greater revenue per channel and per rep., ensure accurate sales orders, develop complex proposals in hours, maximize price optimization, improve contact center productivity, reduced service times, and lower CSR turnover. Headquartered in Waltham, Massachusetts, Firepond supplies solutions for more than 100 diverse companies including ABB, AT&T Wireless, Compaq, Continental Airlines, Empire Blue Cross Blue Shield, Ford Europe, Freightliner, Hitachi, Honda of Japan, John Deere, KLA-Tencor, NEC International, Renault, Ricoh Europe, Sikorsky Aircraft and Virgin Mobile.
Book Value (mrq*) $1.55
Total Cash (mrq) $44.3M
Shares Outstanding 38.8M
Float 14.0M
Support Price (5day): $0.720
Support Price (20day): $0.710
Support Price (50day): $0.410
Support Price (100day): $0.410
Resistance Price (5day): $0.960
Resistance Price (20day): $0.980
Resistance Price (50day): $0.980
Resistance Price (100day): $1.000
Zacks average brokerage recommendation is Hold
Two or more executives, directors or major shareholders purchased a large number of shares recently. Very positive
One or more analysts has significantly increased quarterly earnings estimates for FIRE. Positive
Shares are neither being accumulated heavily nor sold heavily by financial institutions. Neutral for a small company like FIRE
The StockScouter measure of relative price change and consistency is high. Positive
bill, played from .41 to .90- high risk game. I won, LOL
Josh, sold the other half at .90
Josh, sold half (ene)at .76
1.5Bil in financing. Also a rumor that a company is working a buy out- somewhere under $1. Also, a lot of companies are looking at breaking it up to aquire assets. Will be an interesting story as it unfolds. My $100 gamble may pay off, LOL
Bought some ENE at .41 the other day. Watching the after hours trading, might be exciting
anyone gamble on ENE?
Looking forward to reading them. Thanks- Tim
7:09AM XO Comms (XOXO) 1.03: -- Update -- Also announced today that as required by the terms of the new investment and as a part of the financial restructuring it will not make scheduled interest and dividend payments on its unsecured notes or preferred equity securities after November 30.
7:07AM XO Comms (XOXO) 1.03: -- Update -- Company expects current holders of its equity securities to lose substantially all of the value of their investment as a result of the restructuring
7:04AM XO Comms (XOXO) 1.03: -- Update -- The investment is contingent on XO successfully completing a restructuring of its existing balance sheet and upon receipt of regulatory approvals.
7:01AM XO Comms (XOXO) 1.03: Company's board of directors approves a preliminary agreement with Forstmann Little and Telefonos de Mexico pursuant to which XO will receive an investment of $400 mln from each company, or a total of $800 mln, in exchange for new equity in the company.
Arch- please push it up to .07, so I can break even, LOL
BB, Quick look on FIBR- I like.
Would hope for a retract for an entry, will try to do an in-depth check tonight.
Take care- Tim
Walker,
Not sure why you replied to me about TSSA. I did not mention it. I posted VASO and FBCE
bbgold- Look at FBCE and VASO for long term plays- Tim
The only green in my 5 and under portfolio today:
IBAS
iBasis, Inc. is a provider of advanced Internet-based communications services that enable telecommunications carriers and other communications service providers to offer international voice, fax and other enhanced services that combine the flexibility and power of the Internet with the simplicity and ubiquity of the telephone. By outsourcing international communications services to the Company, customers are able to lower costs, generate new revenue and quickly extend their business into Internet-based communications services while maintaining service quality comparable to that of traditional voice networks. The Company has deployed its VoCore hosted unified communications solution that permits its customers to offer a communications solution that unifies the storage of and access to email and voicemail messages as well as faxes.
Shares Outstanding 45.2M Float 33.3M
Shares Short 2.36M Percent of Float 7.1
Total Cash (mrq) $147.6M
Book Value (mrq) $2.71
Chart
http://clearstation.etrade.com/cgi-bin/details?Symbol=ibas&Refer=http://clearstation.etrade.com/
Support Price (5day): $0.780 Support Price (20day): $0.640 Support Price (50day): $0.410 Support Price (100day): $0.410
Resistance Price (5day): $1.050 Resistance Price (20day): $1.050 Resistance Price (50day): $1.050 Resistance Price (100day): $5.000
Composite Indicator TrendSpotter (TM) Buy
Xing- a china stock
Qiao Xing Building, Huizhou City
Guangdong 51602, China Phone: (310) 208-2550
Fax: (310) 208-0931
Email: chairman@qiaoxing.com
Employees (last reported count): 1,804
Total Cash (mrq) $13.2M
Book Value (mrq) $5.03
Shares Outstanding 12.1M Float 5.30M
Shares Short 41.0K Percent of Float 0.8%
Profit Margin (ttm) 7.4% Operating Margin (ttm) 11.6%
Chart:
http://finance.yahoo.com/q?s=XING&d=c&t=5y&l=on&z=b&q=l
http://clearstation.etrade.com/cgi-bin/details?Symbol=xing&Refer=http://clearsta tion.etrade.com/
Composite Indicator TrendSpotter (TM) Buy
“Despite a challenging business climate, the Company generated positive earnings and cash flow and focused on maximizing operating efficiencies and productivity enhancements. “
http://biz.yahoo.com/bw/011022/221022_1.html
Qiao Xing Universal Telephone Inc. is principally engaged in the design, manufacture and sale of telecommunication terminals and equipment in the PRC (People's Republic of China), including primarily corded and cordless telephone sets under the trademark of "Qiao Xing". According to the National Statistic Bureau of the China Technology Progress Information Center, the Company was the largest telephone manufacturer by sales volume in the PRC in 1999. In 2000, with a sale increase of 0.67 million, the Company ranked as the second largest telephone manufacturer.
Bought IN today @$1.70. Volume doubled. Profitable company. oversold.
IN
Infonet Services Corp. is a provider of cross-border managed data communications services for more than 2,600 corporations worldwide. The Company's network, which it refers to as The World Network, can be accessed from over 180 countries, making it one of the world's largest data communications networks in terms of geographic coverage. The Company owns and operates its network, which allows it to provide managed data services to its clients on a global basis, an advantage over service providers that do not own an extensive global network. The Company sells its services directly through its country representatives and indirectly through major international telecommunications carriers and value-added resellers.
2160 East Grand Avenue
El Segundo, CA 90245 Phone: (310) 335-2600
Fax: (310) 335-2876 Employees (last reported count): 943
Shares Outstanding 471.1M Float 61.9M
Shares Short 861.0K Percent of Float 1.4%
Total Cash (mrq) $0
Book Value (mrq*) $1.98
Profit Margin (ttm) 3.3% Operating Margin (ttm) 2.7%
Chart
http://clearstation.etrade.com/cgi-bin/details?Symbol=in&Refer=http://clearstation.etrade.com/
Support Price (5day): $1.480 Support Price (20day): $1.480 Support Price (50day): $1.480 Support Price (100day): $1.480
Resistance Price (5day): $1.740 Resistance Price (20day): $2.340 Resistance Price (50day): $2.550 Resistance Price (100day): $8.700
Composite Indicator TrendSpotter (TM) Sell
Short-term Outlook
Over the next 1-2 months, StockScouter forecasts that growth stocks will be in favor, mid-cap stocks will be in favor, and technology stocks will be in favor.
http://moneycentral.msn.com/investor/srs/srsmain.asp?Symbol=in
Arch,
Thanks for the reply. Agree, could take a while on IBAS. Stop is at .90
Took some BIGT off the table for 30% gain
Still in USIX @.26- going for .41
XING- might lose a little on this one. Volume dried up
Muel, may want to ad USIX to that list. Should go quick
SHREVEPORT, La., Nov 23, 2001 (BUSINESS WIRE) -- MaverickTrader.Com Stock Picks
( www.mavericktrader.com ) Senior Editor, Dewey Burchett rates key stocks
for the week ahead:
"Based on fundamental, technical, and news-related issues, MaverickTrader.Com
believes the next week will find these stocks with price action in accord with
their rating," says Mr. Burchett.
Corning Inc (NYSE:GLW) - Outperform www.mavericktrader.com/?src=glw Shire Pharma Grp Plc Ads (Nasdaq:SHPGY) - Outperform www.mavericktrader.com/?src=shpgy Usinternetworking Inc (Nasdaq:USIX) - Outperform www.mavericktrader.com/?src=usix Verisign Inc (Nasdaq:VRSN) - Underperform www.mavericktrader.com/?src=vrsn Maxim Integrated Prods (Nasdaq:MXIM) - Underperform www.mavericktrader.com/?src=mxim
Muel, May want to add usix to that.
SHREVEPORT, La., Nov 23, 2001 (BUSINESS WIRE) -- MaverickTrader.Com Stock Picks
( www.mavericktrader.com ) Senior Editor, Dewey Burchett rates key stocks
for the week ahead:
"Based on fundamental, technical, and news-related issues, MaverickTrader.Com
believes the next week will find these stocks with price action in accord with
their rating," says Mr. Burchett.
Corning Inc (NYSE:GLW) - Outperform www.mavericktrader.com/?src=glw Shire Pharma Grp Plc Ads (Nasdaq:SHPGY) - Outperform www.mavericktrader.com/?src=shpgy Usinternetworking Inc (Nasdaq:USIX) - Outperform www.mavericktrader.com/?src=usix Verisign Inc (Nasdaq:VRSN) - Underperform www.mavericktrader.com/?src=vrsn Maxim Integrated Prods (Nasdaq:MXIM) - Underperform www.mavericktrader.com/?src=mxim
Any thoughts on these? My current holdings:
BIGT @.28
FBCE @2.50
IBAS @1.10
USIX @.26
VASO @3.33
XING @2.70
I got a good feeling about this group.
At Least 12 Dead in Miss., Ark. Storms
http://dailynews.yahoo.com/h/ap/20011125/us/storm_deaths_8.html
Did a search on rubberized asphalt. Found this interesting.
Here are the results:
Web Site Matches 1 - 1 of 1 / Web Page Matches >
Rubber Technology International - recycles used tires, producing crumb rubber for rubberized asphalt, horse arenas, athletic tracks, and also supplies rubber to manufacturers.
http://www.rubbertechnology.com
There are 1710 web pages also, but RTI is the only listed site.
USIX broke the .28 resistance in afterhours, so I'm looking for some major movement Monday.
Muel,
Got it at .26- tim
USIX
USinternetworking, Inc. is a full-service, enterprise application service provider (ASP) delivering the functionality of complex enterprise software as a service. The Company takes total responsibility for delivering the latest enterprise, e-business and managed Web-hosting solutions over its proprietary Global Service Platform. USinternetworking ASP services are primarily delivered as Internet Managed Applications Provider (iMAP) offerings, which seamlessly integrate the hardware and software, networking and security, as well as around-the-clock Client Care the Company provides to its clients. The Company also backs its iMAP offerings with some of the highest service level guarantees in the industry.
Shares Outstanding 145.0M Float 40.6M
Shares Short 4.24M Percent of Float 10.4%
Book Value (mrq*) $0.85
Total Cash (mrq) $51.3M
Insider and 5%+ Owners: 72% · Institutional: 9% (32% of float)
(127 institutions)
Chart
http://clearstation.etrade.com/cgi-bin/details?Symbol=usix&Refer=http://clearstation.etrade.com/...
Support Price (5day): $0.230 Support Price (20day): $0.200 Support Price (50day): $0.190 Support Price (100day): $0.190
Resistance Price (5day): $0.270 Resistance Price (20day): $0.280 Resistance Price (50day): $0.450 Resistance Price (100day): $1.200
Any thoughts on IBAS?
IBAS
iBasis, Inc. is a provider of advanced Internet-based communications services that enable telecommunications carriers and other communications service providers to offer international voice, fax and other enhanced services that combine the flexibility and power of the Internet with the simplicity and ubiquity of the telephone. By outsourcing international communications services to the Company, customers are able to lower costs, generate new revenue and quickly extend their business into Internet-based communications services while maintaining service quality comparable to that of traditional voice networks. The Company has deployed its VoCore hosted unified communications solution that permits its customers to offer a communications solution that unifies the storage of and access to email and voicemail messages as well as faxes.
Shares Outstanding 45.2M Float 33.3M
Shares Short 2.36M Percent of Float 7.1
Total Cash (mrq) $147.6M
Book Value (mrq) $2.71
Chart
http://clearstation.etrade.com/cgi-bin/details?Symbol=ibas&Refer=http://clearstation.etrade.com/
Support Price (5day): $0.780 Support Price (20day): $0.640 Support Price (50day): $0.410 Support Price (100day): $0.410
Resistance Price (5day): $1.050 Resistance Price (20day): $1.050 Resistance Price (50day): $1.050 Resistance Price (100day): $5.000
Composite Indicator TrendSpotter (TM) Buy
View: Time to Buy? History Says 'Yes'
http://dailynews.yahoo.com/h/nm/20011124/bs/column_stocks_week_dc_1.html
By Nick Olivari
NEW YORK (Reuters) - Forget the outlook for profits and the economy. It's time to buy stocks -- at least from a historical perspective.
An investor buying by Nov. 1, then selling on April 30 is almost guaranteed to make money without even blinking, the soothsayers say.
The Stock Trader's Almanac notes the Dow Jones industrial average has gained a total of 9,471.26 points in the last 50 years in the months of November through April.
Gains in the other six months -- May through October -- totaled just 850.94 points over the same 50-year span.
Need a little more convincing?
Since 1971, the Nasdaq Composite index has gained an average 3.4 percent for the months of November through April, while the Standard & Poor's 500 index has climbed 3.3 percent, according to BigTrends.com, a Kentucky-based research firm.
That compares with an average gain of 0.3 percent in the Nasdaq Composite for the May-through-October period, and a rise of 0.5 percent for the S&P 500 during those six months.
On the surface, the numbers make a convincing case that it's easy to buy an index and fall asleep at the investment wheel.
``Sure enough, historical data says you would have gained more over time with this strategy than if you had stayed invested,'' says Eugene Profit, portfolio manager with Profit Investment Management LLC, in Silver Spring, Maryland, which oversees $78 million. ``But it's all easy in hindsight.
NO GUARANTEE
Scratching a little deeper, indeed, shows that nothing is a sure bet. As Profit says, using a time-worn phrase known to mutual fund investors who read the small print, ``Past performance is no guarantee for the future.''
While an investor would have earned 47 percent on his money buying the Nasdaq Composite in November 1990 and selling in April 1991, or 24 percent buying the S&P 500, there have also been some spectacular deviations from the supposed rule.
The most recent was the six months ended April 30, 2001, when the Nasdaq slumped 37.2 percent and the S&P 500 fell 12.6 percent.
The indexes experienced similar drops in the six-month periods that ended April 30 in 1973, 1974, 1982, and 1990.
So why would an investor take the plunge on a trading strategy that relies on ignoring the market for other than two days a year?
``It's not whether you believe it or not,'' said Fred Kuehndorf, portfolio manager with Ashland Management Inc., which oversees $2 billion in assets. ``It's statistically true.''
To be sure, though, Kuehndorf does not recommend investors trade stocks based on a perceived seasonal move, either. At the least, such a strategy ignores issues like capital gains that incur taxes, he says.
It also relies on having the willpower not to change strategies, but instead to make the same trades year after year -- something that most investors find psychologically difficult, given that the market's day-to-day gyrations receive maximum media exposure.
``In times of rallies and declines, people change their allocations,'' Kuehndorf said. ``No one would really stick to this over 60 years.''
PLAIN DANGEROUS
Professional money managers say with the economy teetering on the brink of the official definition of recession -- two quarters of contracting economic output -- it's just plain dangerous to invest with one broad-based strategy.
And the most trusting technician will admit that statistics like these won't tell you which stocks to buy. According to historical trends, you have to buy an index; sooner or later, you are bound to come out ahead.
Though that approach worked wonders in the late 1990s when the S&P 500 was gaining 20 percent-plus a year, there was no rush of money managers then to mimic the index, just as there are none now who will buy in November and sell in April, without any other consideration.
``You can't impose artificial time frames,'' said Buck Newsome, managing director at Columbus, Ohio-based Cambridge Financial Group Inc., which oversees $300 million. ``There are stocks you will want to sell (soon), and others you will want to sell in several years.''
Newsome equates the ``buy in November, sell in April'' strategy with gambling more than investing. He emphasizes that with the market declines in the last 20 months being the worst in 30 years, a lot of historical trading patterns have been thrown out the window.
But if like most retail investors and even some professionals, you are sucking your thumb for ideas, it may be worth a bet -- particularly if you are one of the thousands of investors mauled in the last bear market and scratching your head as to what to do.
After all, tax breaks and the Fed's 10 interest-rate cuts have to kick in at some point. So even if you can only stomach one six-month period to buy and then sell, this is one worth considering. History is on your side.
USIX
USinternetworking, Inc. is a full-service, enterprise application service provider (ASP) delivering the functionality of complex enterprise software as a service. The Company takes total responsibility for delivering the latest enterprise, e-business and managed Web-hosting solutions over its proprietary Global Service Platform. USinternetworking ASP services are primarily delivered as Internet Managed Applications Provider (iMAP) offerings, which seamlessly integrate the hardware and software, networking and security, as well as around-the-clock Client Care the Company provides to its clients. The Company also backs its iMAP offerings with some of the highest service level guarantees in the industry.
Entry- .26
Target- .41
Stop- .18
Shares Outstanding 145.0M Float 40.6M
Shares Short 4.24M Percent of Float 10.4%
Book Value (mrq*) $0.85
Total Cash (mrq) $51.3M
Insider and 5%+ Owners: 72% · Institutional: 9% (32% of float)
(127 institutions)
Chart
http://clearstation.etrade.com/cgi-bin/details?Symbol=usix&Refer=http://clearstation.etrade.com/...
Support Price (5day): $0.230 Support Price (20day): $0.200 Support Price (50day): $0.190 Support Price (100day): $0.190
Resistance Price (5day): $0.270 Resistance Price (20day): $0.280 Resistance Price (50day): $0.450 Resistance Price (100day): $1.200
Muel, Thanks for the article. Gives a lane to walk down. Where did the story come from?
Picked up usix at .26 and holding BIGT at .28
G/M all.
Picked up usix at .26. Still holding BIGT at .28