Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
SHMM level 2 & chart :
All we need is volume folks... its ready, note gaps in ask on level 2.
Yea slim i hear ya, sometimes these fall on low volume and have to pounce on them...
Slim, I got some today from the impatient sellers :) hope you had a good day...
This one way under conventional radar folks.
SHMM Southern Home Medical Equipment
.025 / .03
Level 2 wide open
Ihub board with no posts, very little Ihub chatter.
I will post this alert info to board later today after my meetings.
10 m float.
Reduced o/s to 50 m .
(CEO retired 10 m of his own shares May 15, in good faith.) See PR.
Has revenues, fast growth reported, all PR’d.
4+ million 2007 projected revenue. They have made many acquisitions of health care service companies with good revenues in the past couple months, more below;
Excerpts from May 2007's PR’s ;
This wheelchair company and Adaptive Medical were just acquired, these revenues are not reflected on SHMM’s first quarter financials reported to Pinksheets, as the deals were only recently completed.
Yes, the financials are on Pinksheets, and they are to date through end of quarter March 31, ‘07.
“Wheelchairs Plus Mobility Solutions generated $305,619 in revenues for the first quarter of 2007, which is an 11 percent increase over fourth quarter 2006 revenues of $275,085. Wheelchairs Plus is a medical equipment company that finished 2006 with revenues of $917,522.00.”
“Additionally, Southern Home Medical recently completed the closing of Adaptive Medical Upstate, Inc., a durable medical equipment company located in Lyman, SC. As of May 1, 2007, all of Adaptive Medical's clients became Southern Home Medical clients. Adaptive Medical generated more than $800,000 in revenue in 2006. With the closing of Adaptive Medical, the Company is currently billing out approximately $103,000 in revenues each month.”
Those two acquisitions alone will contribute 1.7 million in sales to SHMM, this in addition to sales from existing operations which look to be about 60k /monthly from the financials.
You must read all the press releases, nobody else has, lol.
Has 4 million invoice funding package in place for accounts receivable and invoices, this will provide cash flow, no need to dilute.
At 52 week low, it’s a sleeper folks, nobody has noticed til now....it may go a bit lower, but I am accumulating now.
Charts below.
Main website: http://www.southernhomemedical.com/shop/index.htm
Website of subsidiary: http://www.encoremedicalstaffing.com/default.asp
Only possible negative is Big Apple Consulting is IR, they may have been paid with some shares, and that has precipitated the drop, fact is, nobody noticed this one. I have a call into Apple and the CEO. Apple may have mm HDSN on the ask with shares, won’t last with any decent buy pressure imo.
Any accumulation will right this ship and send it much higher imo.
This medical staffing arena is a huge growing business as institutions want to limit their costs and defer benefits by utilizing what is essentially independent contractors from firms like SHMM.
This CEO is a no bs dude, he is going to franchise this Encore medical staffing part of the business, lot of room to grow there.
got some decent fills :) I guess there are some impatient ones who cant wait for mor than a few days... oh well
got some cheapies :)
gonna try a pick up a few here eom
bidwhackers here huh,,, too bad they will miss a run...
back after meetings
thanks frakiy...have a great trading day eom
bleep thanks
but pm ?
don't recall that, and are you able to recieve them ?
bleep thanks
but pm ?
don't recall that, and are you able to recieve them ?
Hold your shares people, accumulate if you are able...
it will take some time, but it will be one of your best plays of all time imo
nennwert, just saw your message here, sorry about that...
I see you cant get pm's
email : ophusa@aol.com
skang, Level 2... look how wide open it is to the upside, this is the beauty of a low float issue...
300 k on buy side at most gets this in the teens...
ot: mr op,
IOGH is one of my sleepers from Feb that woke up... I want to pm you, but you cant receive...
Check my last few posts for a while ago to another board, another low float sleeper...
All the best to you and yours.
I have sold 50k of my IOGH over two sessions, all at ask. eom
mr op...
Great play on those options
:) All the best.
Great day folks :) eom
skang, those are reasonable parameters for sure, gives you a great profit, don't forget, during runs there are always pullbacks, so you could reenter if you so desired.
skang, look at level 2, its unreal how wide open it is, all we need is buy volume... news is going to blow the top off of this, its worth the wait...
skang, this will run hard on any volume/news :)
skang, I am holding for an update, I would have added this afternoon when I got back from a meeting, but damn internet went down about 2:15 CDT here...
slim, looks like someone wanted to sell a few, I am going to add tomorrow, internet just got back going here a few minutes ago, to top it off, Ameritrade was having issues earlier... better day tomorrow :)
Internet via cable went down here parts of this afternoon, hope everything is fixed in this high tech world
humm hope they get it fixed 4gains, it has really affected many low cap issues today from that I can see...
Large gaps up on Level 2 ask .04,.041,.049,.055,.06
Happy to have you at the board
all the best
short, yu with us here on this one now ?
Yea mine was down earlier, as many were, guess they have it straight now
Is everyones Ameritrade back up and running ? been out all day..
4gains, ATrade is not reflecting any available buying power, day, Stock bp or anything, all blank with 0 at this point, it does reflect my stock positions accurately. Many use At, things will be slower until they get the problems in their system fixed...
Are these the same issues that reflect in your account with AT ?
4gains, yes it seems good ole Ameritrade is having some IT issue this am... usually doesn't last long...
Have a great day :)
Welcome to the board folks, traders are discovering this one and its pretty much still hiding under a blanket...
Only a few have accumulated here, less than a dozen at most.
Watch how this issue reacts to any buy pressure, its ready to go, all is needs is a bit of volume..
Just this past April 4th session, AECH traded at .30 and above with 195 k volume.
The tiny amount of dilution is finished, STGI, the diluter, moved their ask to .25 late last week. Float is bought up.
All 1.7 million shares, lol
News is coming folks, buy a few and holdem.
All the best.
IOGH held its own today, considering the gains from the past few sessions.
All the best.
skang,
I have a call into AECH counsel Joseph Emas, no call back as yet. As counsel, he may not return my call right away if there is something pending.
If no updates come out in the next couple sessions I will place a call to J Gomez.
Today was a slow day in the small caps overall, I expect things to pick up more as we get into the week..
Hope you had a good day,
always a pleasure...
Burn, news is coming we know, all it needs is a little volume and its trading in the teens in no time...
Not many have noticed this one, if they wait for news to buy, the ask will get away from them, no doubt.
All the best.
skang,
Make a buy order for what you are able, print the screen
Print the screen with the statement they give you refusing said order eg: "opening transactions for this security are not accepted" or the like.
Keep the prints of the screen with your records...
There may come a time and day that a few of us may team up and sue Ameritrade for interference, and damages.
AECH level 2, take a look..
Look at the ask, after .075, when volume appears, and it will soon, this one is going much, much higher.
skang.. I am quite sure Mr. Griggs will see that post and alert RGNO legal counsel.
skang, thank you for posting the response you have received from Ameritrade, to the best of my knowledge, they have never given a specific reason as to why they have refused trading requests..
The folks here are making some headway :)
All the best.