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CTC has two new SEC Filings out Friday...
http://sec.freeedgar.com/resultsFilings.asp?ID=76779
It seems they are having problems filling out the correct SEC Forms...They came out Friday first with the S-1/A that bumped up the number of "possible" total number of shares of dilution by 2.8MM from the previous days filing of a S-1/A...
Later that day, they had to file a Form "AW" that retracted that filing, as they had filed the wrong form...
Then they came out with form "POS AM", which was the correct form to file for the increased number of shares...
Two questions...First, why the increased number of shares???
Second, does it appear to anyone else that they look fairly incompetent with this round of SEC Filings? Who is the executive responsible for filing the correct SEC Forms?
For serious investors doing their first round of DD, this won't look good when they research SEC Filings...JMO
Good Luck To ALL ;^)
SEC Filing out again today...
http://sec.freeedgar.com/displayText.asp?ID=3866735
This is an ammendment to yesterdays S-1/A and it looks like they added an additional 2.8Million shares of possible dilution from 25,268,761 up to 28,061,734
I'm pretty sure this is an ammendment, and not a separate new amount of dilution...Either way, it is additional dilution, and I wonder why? Thoughts anyone??? It looks like RB is down this morning...Again...
Good Luck To ALL ;^)
Yahoo! Kicks Off ''This is Huge''
Multimedia Campaign Featuring ''Mini-Pop'' Stars to Support Yahoo! Music Unlimited
Thursday August 18, 8:00 am ET
SANTA MONICA, Calif.--(BUSINESS WIRE)--Aug. 18, 2005--Yahoo! Inc. (Nasdaq:YHOO - News), a leading global Internet company, today makes its revolutionary music subscription service, Yahoo! Music Unlimited, widely available to consumers in the United States. Coinciding with the release, Yahoo! is launching an integrated marketing campaign that promotes the music offering in a unique way that captures the spirit and originality of the Yahoo! brand. Music fans have been helping the company test the service since May 11, when a beta version was made available.
Source: Yahoo! Inc.
With Yahoo! Music Unlimited, users get the opportunity to play music from a catalog of more than one million songs, transfer tracks to portable devices, as well as enjoy the unique ability to share and discover music with other subscribers through Yahoo! Messenger. Enhancements to the latest version of Yahoo! Music Unlimited include new homepages and significant speed and performance functionality upgrades.
"We are committed to building Yahoo! Music Unlimited into the standard online music service for digital music fans," said David Goldberg, vice president and general manager, Yahoo! Music. "Yahoo! Music Unlimited gives consumers access and control of their music experience, coupled with unique personalization and community features that will help them discover even more music."
Yahoo! Music Goes "Mini-Pop":
To help educate and grow the digital music market, Yahoo! will implement a multimedia brand building campaign for Yahoo! Music Unlimited which includes breakthrough online media, television, radio, outdoor, wildpostings, guerilla and influencer marketing. The campaign, from agencies Soho Square and OgilvyOne, San Francisco, features Mini-Pop Stars, minutely drawn detailed depictions of well-known musicians, including Green Day, Missy Elliot, Big & Rich, Ciara and others that will be featured performing throughout several elements of the multimedia campaign. All the ads and marketing efforts feature the line "Over a Million Songs -- 5 Bucks a Month -- This is Huge," establishing Yahoo! Music Unlimited as the lowest-priced music subscription service with an extensive music library. The campaign kicks off at the MTV Video Music Awards on August 28th and media placements are planned through December.
Yahoo! will also take advantage of the Miami locale during the MTV Video Music Awards with guerilla street teams to help educate consumers on the benefits of Yahoo! Music Unlimited. Teams will be using Segways, including, for the first time, audio Segway XTs for the beach throughout South Beach and Miami Beach to promote the service. In addition, a branded Yahoo! Music Penthouse will open its doors for a series of private events with celebrities and influencers, where invited guests will be creating playlists and sharing music using Yahoo! Music Unlimited.
"We are very excited to partner with the music industry's hottest talent in a way that will energize our youthful target market through a wide range of media," explained Cammie Dunaway, chief marketing officer, Yahoo!. "This campaign allows us to spotlight our unique music product offering, while continuing to build Yahoo!'s leading brand with breakthrough online and offline creative."
Online ads and banners will let users see and listen to part of mini-pop stars' songs and offers the chance to sign up for a free trial of the service. Many of the online ads feature music, animation and a way for consumers to interact and have fun with the mini-pops. Mini-pops will be used in all rich media execution including interactive and peelback ads throughout the Yahoo! network and other online sites. One execution allows consumers to interact with a mini Missy Elliott through a dance lesson, called "Bounce with Missy." Another ad, titled Trick Daddy's Frequalizer, asks users if they are "Ready to Get Your Freak On" and listen to their favorite genre of music while seeing the mini-pops groove to the beat. They can also have the mini-pops dance to the sound of their own voice.
A television ad featuring Green Day shows the hard rocking band players losing their heads as they play their hit tune "Holiday." As their heads find their rightful owners a super reads: "Lose it to Green Day -- Over a Million Songs -- 5 Bucks a Month -- This is Huge." Each element of the campaign includes a play on words themed with the artist and ends with Yahoo!'s signature yodel.
"What makes this campaign really work is that it's built on a big idea," explained Soho Square managing director Alda Abbracciamento. "That ideal enables each individual execution, from print to TV to online, to take the mini-pops into the world of entertainment, delivering highly enjoyable experiences that go well beyond what traditional advertising alone could deliver."
Pricing and Availability
Yahoo! Music Unlimited can be accessed by downloading the free Yahoo! Music Engine music management software from http://music.yahoo.com. Yahoo! Music Unlimited is available for $4.99 per month for an annual subscription or $6.99 per month for a monthly subscription. Yahoo! Music Unlimited comes with a free music management application, the Yahoo! Music Engine, which lets consumers rip, mix and burn CDs, import and manage music. To get started Yahoo! is also offering a 7-day free trial to consumers. At present, the Yahoo! Music Unlimited service is only available to users within the United States. Today, SBC and Yahoo! also announced the availability of Yahoo! Music Unlimited to SBC Yahoo! DSL customers.
About Yahoo! Music
Yahoo! Music (http://music.yahoo.com) offers user the most comprehensive music-related content, features and information available online. Yahoo! Music provides a wide selection of streaming audio, the Web's largest collection of music videos, Internet radio, exclusive artist features and music news covering all genres of music to Yahoo! visitors.
About Yahoo!
Yahoo! Inc. is the No. 1 Internet brand globally and the most trafficked Internet destination worldwide. Yahoo! provides online products and services essential to consumers' lives, and offers a full range of tools and marketing solutions for businesses to connect with Internet users around the world. Yahoo! is headquartered in Sunnyvale, Calif.
MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=4955283
Contact:
Yahoo! Music
Charlene English, 310-526-4340
cenglish@yahoo-inc.com
or
Bender/Helper Impact
Melisa Rodriguez, 310-694-3107
melisa_rodriguez@bhimpact.com
or
Ogilvy Public Relations
Toni Lee, 212-237-5090
Toni.lee@ogilvy.com
Boy did I call that one WRONG...
The Market today is a bit UNlogical...
The core PPI was higher by .04% than expected...At 10:30 the Oil Inventories were also a dissapointment and should've made the markets Dump, and the market RALLIES today...Go Figure...There is a Logic to the Stock Market, and IMO, it is not logical at ALL...
What helped the Dow today was HP coming out with good earnings and forecasts, and AMAT was also good for the Naz today...After a 122.00 point drop on the Dow yesterday, Bob Pissani said there was a BUY Program across all sectors on the Dow at the open today...My guess is because everything was so CHEAP!
All I know is: You learn something new every day...
Good Luck To ALL ;^)
The July PPI just came out...
The core came in at 1.0% They were expecting .06%!!!
Ex Food and Energy came in at .04% which was also hotter than expected...Just before the report, the Dow futures were up 12.00, and the Naz futures were up 3.00 Now about 15 minutes after the PPI came out they have fallen hard--Dow went down to -20.00 immediatly, and now is hovering around -20.00 The guests on CNBC minutes after this report came out said this would not be good for stocks...I expect a down day again today, and will short YHOO when (if) it falls below 34.21 The current bid/ask in the PM is 34.29/34.37 and it closed yesterday at 34.23
It should be a good day to short many other stocks IMO...
Good Luck To ALL ;^)
beigledog--While it's great CTC has agreed...
To settle with with Ascendiant...that was no surprise...
The surprise is the 30 day continuance to the Confirmation Hearing...The question now is what is the new date of the Confirmation Hearing? The PR states "Creditors will receive notice of this settlement prior to the Settlement Hearing which we anticipate will occur in the next 30 days", so we are to assume that the 30 day extension begins today??? Furter down it states "The bankruptcy court originally scheduled the plan Confirmation Hearing for September 8, 2005 and CPTCQ has now agreed to continue this hearing for 30 days." 30 days from today, or 30 days from Sept. 8th...I wish they had been more clear on that...
If it's 30 days from today, that's only two extra weeks or so, but if it's 30 days from Sept. 8th, that's an additional month with the Q, and that may keep potential buyers of ACCC on the sidelines for that time, and that would not be good IMO.
This is a "Good News--Bad News" scenario IMO...It will be interesting to see how the Market reacts to this news today...
Good Luck To ALL ;^)
YHOO Charts for last week...
Daily Chart:
The white lines look like a bear flag to me...I don't like triple bottoms...The RSI is downticking, the DMI+ too, and it is overbought and turning down there...The futures are flat this a.m....And YHOO is trading up .20-.25 in the PM...hmmmmm...
10Day/Hourly:
It's kind of a wild looking chart...All over the place with many gaps...It looks kind of unstable...The market is waiting for the PPI and CPI this week, and those reports will dictate which way the market moves this week IMO...
Good Luck To ALL ;^)
The Wawh--Charts for your picks this week...
AMGN: I'm not fond of triple bottoms...It looks like a bear flag to me...If the RSI gets above 60, and the MACD crossover up happens with volume...it could move, as it's not overbought yet...
BIIB: This one is about to make a move, as the Bollie Bands are real tight...Which way is the question...Keep an eye on the MACD, as it could crossover up...The rest of the indicators are inconclusive...The volume needs to boost up in order for it to rally...
Short PSRC???: I wouldn't...The RSI is near 30, it's very oversold...It looks like it needs to go up here...It's been down already...Maybe short it if it breaks below 7.50
URIX: I don't play .51 stocks...
DIS: It could go either way...
ELN: It filled the gap...May have bottomed here...
NT: It's consolidating in an uptrend, though is overbought.
SNDK: It looks like profit taking going on Friday...It will probably pull back for a day or so...
Good Luck To ALL ;^)
Week ending 12-Aug-05 : Weekly Recap:
The stock market got back on the winning track this week. Which is quite impressive given that most of the news was poor.
By far the biggest news event was the surge in oil prices. Oil went from a $62.32 a barrel at the end of last week to close this week at $66.86 a barrel. That made headlines everywhere and raised concerns, but apparently not so much among stock investors.
The support for stocks this week came, according to many reports, from the Fed policy statement on Tuesday. That day, the Fed raised the fed funds rate target for the tenth straight FOMC meeting. The policy statement which put the funds rate target at 3.5% was essentially unchanged from the prior statement. This was entirely expected.
The market, however, seemed to take comfort from the fact that the Fed statement said "core inflation has been relatively low in recent months and longer-term inflation expectations remain well contained." Yet, that is not at all a surprise to anyone that actually looked at the core CPI numbers recently or the yield on the 10-year note.
The statement continued "but pressures on inflation have stayed elevated." That may simply be an excuse to keep raising rates, but it balances the importance of the positive statement on inflation. The Fed policy statement really brought nothing new to the market.
The stock market improvement is mostly attributable to the continued impact of the bullish underlying factors of strong profit growth and an accelerating economy.
The economic data this week did nothing this past week to undermine that view. New claims for unemployment continued their recent downtrend, and the number of people on unemployment hit the lowest level in four years. July retail sales surges 1.8% after a similar 1.7% June gain. Discount pricing on autos boosted the numbers, but the data nevertheless reflect strong underlying consumer spending trends.
Earnings reports were not quite as favorable simply because Dell gave a disappointing report on Thursday. Profits for the quarter ended July were as expected, but revenue and profit forecast for the current quarter were lower than current Wall Street expectations. The rest of the earnings reports were reasonably good but not of broad impact.
The yield on the 10-year note eased back to 4.24% this past week from 4.39% last week. This did not garner a great deal of attention, but is one of the sleeper reasons supporting the stock market this past week.
The outlook for the market remains highly uncertain. We are surprised that it has held up so well in the face of the surge in oil prices. August is typically a weak month for the market. The resilience reflects strong underlying support based on excellent fundamentals, but the market very well could be in for some choppy action through the end of this month. The week ahead brings the CPI and PPI reports, as well as industrial production data, but the earnings calendar is light. --Dick Green, Briefing.com
Good Luck To ALL ;^)
beigledog--I just posted it...
Here it is again...Look at #37 and #38
http://www.compositetechcorp.com/testsumm.htm
Good Luck To All ;^)
b.dog...Here's a link to the test results:
http://www.compositetechcorp.com/testsumm.htm
Good Luck To ALL ;^)
b.dog...I did a search and came up with:
"Used as bare ovehead transmission cable. Self-damping conductor limits aeolian vibration to a safe level regardless of conductor tension or span length."
"Other conditions - such as the number and cost of angle and deadend towers - being compatible, higher conductor tensions with associated shorter towers or longer spans are practicable."
I figure that it means: that ACCC has a way of dampening the movement of the cable caused by the wind...and that it is better at doing so compared to the older steel core cables...
Good Luck To ALL ;^)
The futures are down, and YHOO is UP in PM...
This is probably due to their financials coming out today:
http://finance.yahoo.com/q/is?s=yhoo
And knowing that they have a meeting with Alibaba.com in China today, where they will officially announce the Deal. Here's some news on this from Forbes: Vhttp://www.forbes.com/markets/2005/08/11/yahoo-alibaba-china-0811markets01.html?partner=yahootix
Keep an eye on Oil again today, as that is what caused the reversal in the markets yesterday....
Have a Great! day...
And GOOD LUCK TO ALL ;^)
Yahoo to pay $1 billion for Alibaba.COM
Wednesday August 10, 10:58 am ET
By Doug Young
SHANGHAI (Reuters) - Yahoo Inc. is close to paying $1 billion and forking over its China operations for a 35 percent stake of China's second-largest e-commerce operator, Alibaba.com, a source close to the discussions said on Wednesday.
The deal is in the final hours of discussions, the source told Reuters, speaking on condition of anonymity. Members of the Chinese media have been invited by Alibaba to a news briefing set for Thursday in Beijing, according to one reporter.
The combination would create an e-commerce giant by bringing together Alibaba's business-to-business and consumer online auction sites with Yahoo's search operations, China's second largest after leader Baidu.com.
Yahoo's shares have risen 1.6 percent this week since the news first emerged, compared with a small drop for the broader tech-heavy Nasdaq Baidu shares quadrupled in their U.S. dubut on Friday, but fell 17 percent on Tuesday.
A spokesman from Alibaba and a spokeswoman from Yahoo both had no comment.
Yahoo would swap its country operations in exchange for a structure more similar to Yahoo Japan Corp., in which the U.S. search giant holds a 33 percent stake while Japan's Softbank holds a controlling 42 percent.
Softbank is also an investor in Alibaba, and is said to have been a broker in the current China talks, according to previous media reports.
An analyst at a major western brokerage, speaking on condition of anonymity, said Yahoo's ultimate aim may be to buy all of Alibaba -- an option that has been mentioned as part of an overall deal in the Chinese media.
"It's unclear if Yahoo's comfortable owning one-third forever, or whether Yahoo has a path to control," said an analyst at a major western brokerage, speaking on condition of anonymity.
Citing Yahoo Japan as a precedent for the move, the analyst said Yahoo was positioning itself to take a dominant role in China.
VALUATION
Based in the eastern China city of Hangzhou -- about two hours from Shanghai -- Alibaba's main China operations include a business-to-business e-commerce site, an online auction site called TaoBao that competes with eBay in China, and a recently launched online payment system called Alipay.
Yahoo's main China business consists of its search service, which it got two years ago when it purchased popular local search site 3721.com for $120 million.
The pairing would combine Alibaba's 2,000-plus employees with Yahoo's, which number in the hundreds.
The new entity would have a notional value of about $3 billion, but little cash is expected to be involved. Yahoo does not provide financials for its China operations, and privately held Alibaba only provides selective operating information.
Last month, Alibaba said transaction volume at its TaoBao service -- which does not charge transaction fees -- hit $200 million in the second quarter, with 8.5 million product listings and 7.2 million registered users at the end of the period.
Yahoo handing over its China operations to a local company would mark a shift in recent investment patterns by global Internet giants, which have spent the past three years snapping up homegrown Chinese industry leaders.
EBay entered China though a $180 million purchase of Shanghai-based EachNet. InterActiveCorp paid $168 million for 52 percent of Chinese online travel agent eLong Online retailer Amazon.com purchased local player Joyo.com for $75 million, and online job search leader Monster.com bought a 40 percent stake in ChinaHR.com for $50 million.
CNBC just reported that there will be a PR from Yahoo and Alibaba tomorrow from China...and that the deal gives Yahoo the option of taking up to a 49.9% stake in the company at a later time...Alibaba has plans for an IPO next February....So.....Keep an eye out for that one!!! If it's anything like Baidu.com's IPO last week, you probably will want to look at it seriously!
GOOD LUCK TO ALL ;^)
Yahoo! to pay $1 billion for Alibaba.com
Wednesday August 10, 10:58 am ET
By Doug Young
SHANGHAI (Reuters) - Yahoo Inc. is close to paying $1 billion and forking over its China operations for a 35 percent stake of China's second-largest e-commerce operator, Alibaba.com, a source close to the discussions said on Wednesday.
The deal is in the final hours of discussions, the source told Reuters, speaking on condition of anonymity. Members of the Chinese media have been invited by Alibaba to a news briefing set for Thursday in Beijing, according to one reporter.
The combination would create an e-commerce giant by bringing together Alibaba's business-to-business and consumer online auction sites with Yahoo's search operations, China's second largest after leader Baidu.com.
Yahoo's shares have risen 1.6 percent this week since the news first emerged, compared with a small drop for the broader tech-heavy Nasdaq Baidu shares quadrupled in their U.S. dubut on Friday, but fell 17 percent on Tuesday.
A spokesman from Alibaba and a spokeswoman from Yahoo both had no comment.
Yahoo would swap its country operations in exchange for a structure more similar to Yahoo Japan Corp., in which the U.S. search giant holds a 33 percent stake while Japan's Softbank holds a controlling 42 percent.
Softbank is also an investor in Alibaba, and is said to have been a broker in the current China talks, according to previous media reports.
An analyst at a major western brokerage, speaking on condition of anonymity, said Yahoo's ultimate aim may be to buy all of Alibaba -- an option that has been mentioned as part of an overall deal in the Chinese media.
"It's unclear if Yahoo's comfortable owning one-third forever, or whether Yahoo has a path to control," said an analyst at a major western brokerage, speaking on condition of anonymity.
Citing Yahoo Japan as a precedent for the move, the analyst said Yahoo was positioning itself to take a dominant role in China.
VALUATION
Based in the eastern China city of Hangzhou -- about two hours from Shanghai -- Alibaba's main China operations include a business-to-business e-commerce site, an online auction site called TaoBao that competes with eBay in China, and a recently launched online payment system called Alipay.
Yahoo's main China business consists of its search service, which it got two years ago when it purchased popular local search site 3721.com for $120 million.
The pairing would combine Alibaba's 2,000-plus employees with Yahoo's, which number in the hundreds.
The new entity would have a notional value of about $3 billion, but little cash is expected to be involved. Yahoo does not provide financials for its China operations, and privately held Alibaba only provides selective operating information.
Last month, Alibaba said transaction volume at its TaoBao service -- which does not charge transaction fees -- hit $200 million in the second quarter, with 8.5 million product listings and 7.2 million registered users at the end of the period.
Yahoo handing over its China operations to a local company would mark a shift in recent investment patterns by global Internet giants, which have spent the past three years snapping up homegrown Chinese industry leaders.
EBay entered China though a $180 million purchase of Shanghai-based EachNet. InterActiveCorp paid $168 million for 52 percent of Chinese online travel agent eLong Online retailer Amazon.com purchased local player Joyo.com for $75 million, and online job search leader Monster.com bought a 40 percent stake in ChinaHR.com for $50 million.
CNBC just reported that there will be a PR from Yahoo and Alibaba tomorrow from China...and that the deal gives Yahoo the option of taking up to a 49.9% stake in the company at a later time...Alibaba has plans for an IPO next February....So.....Keep an eye out for that one!!! If it's anything like Baidu.com's IPO last week, you probably will want to look at it seriously!
GOOD LUCK TO ALL ;^)
Yahoo to pay $1 billion for Alibaba.COM
Wednesday August 10, 10:58 am ET
By Doug Young
SHANGHAI (Reuters) - Yahoo Inc. is close to paying $1 billion and forking over its China operations for a 35 percent stake of China's second-largest e-commerce operator, Alibaba.com, a source close to the discussions said on Wednesday.
The deal is in the final hours of discussions, the source told Reuters, speaking on condition of anonymity. Members of the Chinese media have been invited by Alibaba to a news briefing set for Thursday in Beijing, according to one reporter.
The combination would create an e-commerce giant by bringing together Alibaba's business-to-business and consumer online auction sites with Yahoo's search operations, China's second largest after leader Baidu.com.
Yahoo's shares have risen 1.6 percent this week since the news first emerged, compared with a small drop for the broader tech-heavy Nasdaq Baidu shares quadrupled in their U.S. dubut on Friday, but fell 17 percent on Tuesday.
A spokesman from Alibaba and a spokeswoman from Yahoo both had no comment.
Yahoo would swap its country operations in exchange for a structure more similar to Yahoo Japan Corp., in which the U.S. search giant holds a 33 percent stake while Japan's Softbank holds a controlling 42 percent.
Softbank is also an investor in Alibaba, and is said to have been a broker in the current China talks, according to previous media reports.
An analyst at a major western brokerage, speaking on condition of anonymity, said Yahoo's ultimate aim may be to buy all of Alibaba -- an option that has been mentioned as part of an overall deal in the Chinese media.
"It's unclear if Yahoo's comfortable owning one-third forever, or whether Yahoo has a path to control," said an analyst at a major western brokerage, speaking on condition of anonymity.
Citing Yahoo Japan as a precedent for the move, the analyst said Yahoo was positioning itself to take a dominant role in China.
VALUATION
Based in the eastern China city of Hangzhou -- about two hours from Shanghai -- Alibaba's main China operations include a business-to-business e-commerce site, an online auction site called TaoBao that competes with eBay in China, and a recently launched online payment system called Alipay.
Yahoo's main China business consists of its search service, which it got two years ago when it purchased popular local search site 3721.com for $120 million.
The pairing would combine Alibaba's 2,000-plus employees with Yahoo's, which number in the hundreds.
The new entity would have a notional value of about $3 billion, but little cash is expected to be involved. Yahoo does not provide financials for its China operations, and privately held Alibaba only provides selective operating information.
Last month, Alibaba said transaction volume at its TaoBao service -- which does not charge transaction fees -- hit $200 million in the second quarter, with 8.5 million product listings and 7.2 million registered users at the end of the period.
Yahoo handing over its China operations to a local company would mark a shift in recent investment patterns by global Internet giants, which have spent the past three years snapping up homegrown Chinese industry leaders.
EBay entered China though a $180 million purchase of Shanghai-based EachNet. InterActiveCorp paid $168 million for 52 percent of Chinese online travel agent eLong Online retailer Amazon.com purchased local player Joyo.com for $75 million, and online job search leader Monster.com bought a 40 percent stake in ChinaHR.com for $50 million.
CNBC just reported that there will be a PR from Yahoo and Alibaba tomorrow from China...and that the deal gives Yahoo the option of taking up to a 49.9% stake in the company at a later time...Alibaba has plans for an IPO next February....So.....Keep an eye out for that one!!! If it's anything like Baidu.com's IPO last week, you probably will want to look at it seriously!
GOOD LUCK TO ALL ;^)
Did you know that TNOG is on the SHO list?
http://www.nasdaqtrader.com/aspx/regsho.aspx
Just thought you might like to know...
I have to admit...the chart looks pretty good though...
Good Luck To ALL ;^)
EP--"Collapsing" My thoughts exactly. eom
EP--Please give me your opinion about this...
Any of you still in CPTCQ should read this...
I feel it is going to humpty-dumpskie tomorrow...
Unless it is saved by a Kickazz PR before the opening bell...
Look at the weekly, daily and the ten day/hourly charts...
Last weeks candlestick is called a Long Upper Shadow: http://www.daytradersbulletin.com/html/cs26.html
which is bearish...
Weekly:
Todays candlestick formed the same thing on the daily chart, and todays intraday low was .01 below yesterdays intraday low...Todays volume was 55K less than yesterdays volume...TDCM went away from Level 2 for a couple of hours today, but then came back with a vengence, and to make matters worse, was joined by TRWN and FRAN as additional sellers joined the party...
When (if) todays intraday low of 2.20 falls tomorrow, it won't be hard to breach 2.15 and then 2.10, and then the selloff will begin in earnest...I have buy orders in the range of 1.40-1.60...
Daily:
The ten day/hourly chart shows a clear head and shoulders chart pattern, which is also bearish...The bollie bands are tighter than they have been in ten days, so a big move is about to happen...Watch for the 50SMA to cross below the 200SMA...The RSI is turning down hard...The DMI- has crossed up through the DMI+...It it Not oversold yet...And the MACD Histogram is about to go negative...
Ten day/hourly:
It's going to be a tough day in CPTCQ Land tomorrow...
Good Luck to ALL (because it's starting to look like we're going to need it...) ;>)
Any of you still in CPTCQ should read this...
And tell me if I have it all wrong...
I feel it is going to humpty-dumpskie tomorrow...
Unless it is saved by a Kickazz PR before the opening bell...
Look at the weekly, daily and the ten day/hourly charts...
Last weeks candlestick is called a Long Upper Shadow: http://www.daytradersbulletin.com/html/cs26.html
which is bearish...
Weekly:
Todays candlestick formed the same thing on the daily chart, and todays intraday low was .01 below yesterdays intraday low...Todays volume was 55K less than yesterdays volume...TDCM went away from Level 2 for a couple of hours today, but then came back with a vengence, and to make matters worse, was joined by TRWN and FRAN as additional sellers joined the party...
When (if) todays intraday low of 2.20 falls tomorrow, it won't be hard to breach 2.15 and then 2.10, and then the selloff will begin in earnest...I have buy orders in the range of 1.40-1.60...
Daily:
The ten day/hourly chart shows a clear head and shoulders chart pattern, which is also bearish...The bollie bands are tighter than they have been in ten days, so a big move is about to happen...Watch for the 50SMA to cross below the 200SMA...The RSI is turning down hard...The DMI- has crossed up through the DMI+...It it Not oversold yet...And the MACD Histogram is about to go negative...
Ten day/hourly:
It's going to be a tough day in CPTCQ Land tomorrow...
Good Luck to ALL (because it's starting to look like we're going to need it...) ;>)
CTC is going to humpty-dumpskie tomorrow IMO...
Unless it is saved by a Kickazz PR before the opening bell...
Look at the weekly, daily and the ten day/hourly charts...
Last weeks candlestick is called a Long Upper Shadow: http://www.daytradersbulletin.com/html/cs26.html
which is bearish...
Weekly:
Todays candlestick formed the same thing on the daily chart, and todays intraday low was .01 below yesterdays intraday low...Todays volume was 55K less than yesterdays volume...TDCM went away from Level 2 for a couple of hours today, but then came back with a vengence, and to make matters worse, was joined by TRWN and FRAN as additional sellers joined the party...
When (if) todays intraday low of 2.20 falls tomorrow, it won't be hard to breach 2.15 and then 2.10, and then the selloff will begin in earnest...I have buy orders in the range of 1.40-1.60...
Daily:
The ten day/hourly chart shows a clear head and shoulders chart pattern, which is also bearish...The bollie bands are tighter than they have been in ten days, so a big move is about to happen...Watch for the 50SMA to cross below the 200SMA...The RSI is turning down hard...The DMI- has crossed up through the DMI+...It it Not oversold yet...And the MACD Histogram is about to go negative...
Ten day/hourly:
It's going to be a tough day in CTC Land tomorrow...
Good Luck to ALL (because it's starting to look like we're going to need it...) ;>)
CTC is going to humpty-dumpskie tomorrow IMO...
Unless it is saved by a Kickazz PR before the opening bell...
Look at the weekly, daily and the ten day/hourly charts...
Last weeks candlestick is called a Long Upper Shadow: http://www.daytradersbulletin.com/html/cs26.html
which is bearish...
Weekly:
Todays candlestick formed the same thing on the daily chart, and todays intraday low was .01 below yesterdays intraday low...Todays volume was 55K less than yesterdays volume...TDCM went away from Level 2 for a couple of hours today, but then came back with a vengence, and to make matters worse, was joined by TRWN and FRAN as additional sellers joined the party...
When (if) todays intraday low of 2.20 falls tomorrow, it won't be hard to breach 2.15 and then 2.10, and then the selloff will begin in earnest...I have buy orders in the range of 1.40-1.60...
Daily:
The ten day/hourly chart shows a clear head and shoulders chart pattern, which is also bearish...The bollie bands are tighter than they have been in ten days, so a big move is about to happen...Watch for the 50SMA to cross below the 200SMA...The RSI is turning down hard...The DMI- has crossed up through the DMI+...It it Not oversold yet...And the MACD Histogram is about to go negative...
Ten day/hourly:
It's going to be a tough day in CTC Land tomorrow...
Good Luck to ALL (because it's starting to look like we're going to need it...) ;>)
Wawh--re: RBAK...It is truly a thing...
Of BEAUTY!!!
Refer to the weekly chart I posted on post #41
It has broken out on a huge double bottom on the weekly chart, that should let it run up to 11.00 with NO resistance ahead of it...IMO
Good Luck To ALL ;^)
The Daily chart for CPTCQ with notes...
Good Luck To ALL ;^)
YHOO has a breakout up at 34.18 ...
And is up in the PM this morning with a bid of 34.11 and an ask of 34.15 with two minutes before the bell....
It had more good news out this morning that it will expand it's online search engine index to cover more than 20 Billion web documents...
It could run hard again today...
Good Luck To ALL ;^)
The Daily Chart for CTC...
Yesterday's PR by the CEO was Great! I can't remember the last time HE put one out...Too bad the pps didn't rise after it came out, but with TDCM still selling at the ask, it has been an effective "ax" there, keeping it from going up...Let's hope he runs out of shares to sell Soon!
Two possible scenarios:
Good Luck To ALL ;^)
RBAK ROCKS!!!!!!!!! EOM
Wawh--re: VICL--14,300 average 10 day...
VOLUME! NOW WAY HOSE'...
DANGER!!!...Super Low Volume...Too hard to get OUT when you want to...
I don't even think about playing stocks with that low volume...
Thanks anyway...
YHOO is going to have a good day today...
It's up about .40 in the PM session on the news it will spend about a Billion dollars to buy 35% of the Chinese E-Commerce company Alibaba.com
http://biz.yahoo.com/cbsmb/050808/a35a5ce34f6b4e1d9795f48b4f902e58.html?.v=1
Remember what Baidu.com's IPO did Friday? I'm looking for a good reaction to this news too...
Good Luck To ALL ;^)
YHOO Charts for last week...
I won't even post long term charts of the S&P500 and the Nasdaq in comparison to YHOO's because of the $4.00 dump it took a while back...I still use the one minute and the five minute during the trading session, but that's about all they have in common (kind of) at this time...
The good news is: In the PM session it is up over .40 My wife will like that as she has a long position on YHOO...
3 Month/Daily:
It looks pretty bad...The moving averages are looking bad...The chart pattern had a double-bottom that broke out up, and I thought it had a chance of filling the gap, but the Naz pulled back last Thursday and Friday, and put a stop to that!...The Technical Indicators look sad too...The only one I like is the MACD Histogram that may cross up into positive territory today, as the futures are up this a.m. Look at the lousy volume it had the last two sessions...With the news that came out this morning they will spend almost $1 BILLION to buy a China E-commerce company named Alibabba.com I wonder how investors will react to that today...
10 Day/Hourly:
The moving averages are bad...The big head and shoulders yielded all it should've...Friday formed a bull flag...It couldn't be more oversold...Maybe we get a bounce up today...Who knows? I'm staying away from this one today, and will concentrate on RBAK...It's always a lot more bullish...And CPTCQ came out with 4 SEC Filings today...So that one could do almost anything...And should be interesting to watch, as usual...
Y'all have a GREAT week...y'hear?
Good Luck To ALL ;^)
Market Pulse: Yahoo in talks to pay $1B for China's alibaba:
Forbes
Monday August 8, 6:23 am ET
By Robert Daniel
NEW YORK (MarketWatch) -- Yahoo Inc., the Sunnyvale, Calif., online media company, is in advanced talks to buy about 35% of Alibaba.com, China's biggest homegrown e-commerce company, for almost $1 billion, sources close to the negotiations told Forbes.com. The deal would be the biggest investment by a foreign company in China's Internet industry, the Forbes online unit reported. Alibaba operates Taobao.com, an online auction site, and Alibaba.com, an online trading site. The deal poses a challenge to eBay Inc., the San Jose, Calif., online auction site, Forbes.com reported. The deal would follow Friday's initial public offering of Baidu.com, the Chinese search engine, which saw its price more than quadruple in its first day of trading.
This could be GOOD...
Good Luck To ALL ;^)
CPTCQ has four SEC filings that came out this morning:
(2) 10-Q/A's Ammended Quarterly Reports
(1) 8-K/A Unscheduled Material Events
and the 10KSB/A 2005 Annual report
Here's the best link to view them all:
http://sec.freeedgar.com/resultsFilings.asp?ID=76779
We have some reading to do this morning!
Good Luck To ALL,
Four SEC Filings came out this morning:
(2) 10-Q/A's Ammended Quarterly Report
(1) 8-K/A Unscheduled Material Events
and the 10KSB/A 2005 Annual report
Here's the best link to view them all:
http://sec.freeedgar.com/resultsFilings.asp?ID=76779
We have some reading to do this morning!
Good Luck To ALL,
Week ending August 5, 2005--Weekly Recap:
The stock market weekly winning streak ended at five. The S&P 500 index dropped 18 points on Thursday and Friday combined to end 8 points lower for the week.
There were a number of reasons for the drop on Thursday and Friday - oil prices were up, same store sales were mixed, and bond yields rose. The main reason, however, was that the market simply ran out of steam. Call it technical factors, an overbought market, or whatever, but nervous selling simply overcame demand.
The week started just fine. The S&P was up on Monday, Tuesday, and Wednesday. Continued good earnings and economic numbers supported the market. There were no key earnings reports, but the vast majority this week were once again above expectations. Furthermore, guidance for the third and fourth quarters continued to be strong.
Aggregate operating earnings for the S&P 500 companies for the second quarter are now on track for 11% growth. Expectations are for 12% growth in the third quarter, and 11% growth in the fourth quarter.
The economic numbers were even more impressive. On Monday, the July ISM survey on manufacturing conditions was reported at 56.6. That was up from 53.8 in June. On Tuesday, July auto sales were reported up an astounding 19% from an already high June level. Sales were boosted by the continuation of "employee discount pricing" but records were also set at firms that had no pricing incentives.
On Friday, July nonfarm payrolls were reported up 202,000. That was not only above expectations, but the June and May gains were revised higher by a combined 42,000. The solid gain in payrolls underscored the strength in recent retail sales, orders, and industrial production data.
The very strong economic numbers have led to upward revisions to third quarter real GDP estimates. Talk is now of a 5% rate of growth in the third quarter. Economic growth is not only holding up, it is clearly picking up. This is one reason why the second half earnings outlook has improved.
The stronger economic outlook has a dark side for stocks as well. The yield on the 10-year bond was flat for most of the week, but rose on Friday to 4.39%. That is up from 4.31% last Friday.
Talk that the Fed may soon halt the steady rise in short-term interest rates has also receded. It is considered a given that the Fed will raise the fed funds rate another 1/4% to 3 1/2% at the meeting on Tuesday. The market is also now assuming steady rate hikes through year-end.
The same stores sales data from retailers on Thursday brought mixed news that started the late week decline. The numbers were good from an economic standpoint. Wal-Mart posted its biggest gain in many months. The stock market, however, was disappointed in some of the reports, and that was a key factor precipitating the 9 point drop in the S&P that day.
On Friday, the S&P dropped another 9 points. That may have been due to the bond market sell-off after the strong employment numbers, but it also simply reflected some more selling once the market appeared to have lost its upward momentum. Oil prices on Friday were up another $0.93 to close at $62.31 a barrel. That certainly did not help the stock market tone either.
The best performing stock sectors this past week were energy and software. Interest sensitive stocks such as homebuilding and REITs were weak, while retail also performed poorly following the July same store sales data.
The market has lost its upward momentum. August is typically a difficult month. The short-term outlook is thus uncertain.
For the longer-term, the very strong economic and earnings trends are clearly bullish. Oil prices and rising bond yields present risks, but benefits of the positive fundamentals leave us with a moderately bullish view.
Good Luck To ALL Next Week ;^)
gjd--the answer to your questions:
The Volume Studies I spoke of can be found here:
http://finance.yahoo.com/q/hp?s=YHOO
And you can use them for almost every stock that is traded on the big boards...They don't work as good for Penny and Bulliten Board Stocks...This is not something you will learn overnight...I suggust you start looking at this everyday...they update 30 minutes after the close...In the mentoring course I offer, this is an ongoing project that only devolops as time moves on...It is too complicated to give a brief explanation...
Bollinger Bands are actually very simple...When they are far apart, the volatility will be less...When they tighten up and squeeze together, a big move is about to happen, and you must watch closely to see which way the pps moves...Then you can enter a trade with some degree of confindence...They are more advanced features of B.Bands, like if the pps goes above or below the upper or lower bands, it will usually correct to go back to inside of them...The center trendline is also important for support and resistance levels...
I use linear charts with simple moving averages for short term charts, and logarithmic charts with exponential moving averages for daily and weekly charts...I find these setups work best...
If you are interested, I offer a Daytrader Mentoring Course for what I think is a good price per hour to learn ALL of my secrets...What I have given you above is just a small taste of the things you will learn there...This system is actually very simple, and works well not only for daytrading, but also for longer term trades...
Here is a link to my website:
www.angelfire.com/biz7/daytrading_mentor
Good Luck To ALL ;^)
fashionman--Thanks, I appreciate that...
I'm praying for a PR Monday before the bell on this one...
Have a Great weekend y'all...
C'ya Monday!
gigem77--re: GOLD
This is very gooood news!!
Rob McEwen Becomes U.S. Gold's Largest Shareholder
Friday July 29, 4:05 pm ET
DENVER--(BUSINESS WIRE)--July 29, 2005--U.S. Gold Corporation (OTCBB: USGL - News) is pleased to announce that Rob McEwen has purchased by way of private placement with the Company, 11.1 million shares for $4,000,000 becoming the Company's largest shareholder with 33.3% interest. It is planned that Mr. McEwen will be assuming the role of Chairman and CEO shortly following the planned resignation of current management.
"Rob McEwen is one of the noted visionaries and entrepreneurs in the gold-mining sector. As my brother David and I close out our last chapter in the U.S. Gold story, a company we founded 28 years ago, we are very pleased to be turning the next chapter over to Rob. Rob's vision for building U.S. Gold is exciting," said William Reid, U.S. Gold's outgoing President.
As part of the transition, four of the six current directors of U.S. Gold have agreed to resign from the board. Pending regulatory filings, the current board intends to replace the resigning members with nominees of Mr. McEwen.
Over the past twelve years, Mr. McEwen turned Goldcorp Inc. (NYSE: GG - News; TSC: G) from an investment company with a market capitalization of $50 million into a mining company with a market value of $5.4 billion today. He has been honored with such awards as the Northern Miners Man of the Year Award, Ernst & Young's Ontario Entrepreneur of the Year Award in the Energy Category, PDAC's Developer of the Year, and under his leadership, Goldcorp was named one of Fast Companies 50 Companies of Innovation and Business Week's selection as one of the 50 most innovative companies on the web.
"U.S. Gold's Tonkin Springs property is exciting. Its 36-square-mile property position, strategically located on the Cortez Gold trend in Nevada, is in the heart of a promising exploration play. Tonkin Springs has an existing gold resource of 1.4 million ounces within the upper 250 feet over a relatively small area of the property. The exploration potential of this property has increased over the past few years as Placer Dome, which adjoins our property to the north, has continued to discover several multi-million ounce gold deposits, some of which have reached to a depth of 2,000 feet. Tonkin Springs is a great asset, and I intend to aggressively explore this interesting property," said Rob McEwen, U.S. Gold's incoming Chairman and CEO.
The previously announced merger with Romarco Minerals has been terminated.
Certain statements contained herein and subsequent oral statements made by and on behalf of the Company may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward looking statements are identified by words such as "intends," "anticipates," "believes," "expects" and "hopes" and include, without limitation, statements regarding the Company's plan of business operations, potential contractual arrangements, receipt of working capital, anticipated revenues and related expenditures. Factors that could cause actual results to differ materially include, among others, those set forth in the Company's Annual Report on Form 10-KSB for the fiscal year ended December 31, 2004, under the caption, "Risk Factors." Most these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking statements. Except as otherwise required by applicable securities statutes or regulations, the Company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
U.S. Gold Corp.
William Reid, 303-238-1438
Fax: 303-238-1724
billr@usgoldmining.com
or
Robert R. McEwen, 416-865-0326
Fax: 416-361-5741
Good Luck To All ;^)
Sorry green...I know nothing about index funds...
But I have heard they are about to change the rules for shorting so that you won't have to wait for an uptick to enter a short position...
I short one stock only--YHOO...been doing it for years, so I know it like the back of my hand...I shorted it today a few times since the open...it's like taking candy from a baby...
I just opened a new board on IHUB recently just for that purpose...It's called Daytrading Yahoo...Of course, I go long half of the time...I just go with the flow, and do fairly well...
If CPTCQ would quit dumping, I'd be doing better...but that's how he is without news...RBAK is helping to ease that pain today...
Good Luck To ALL ;^)
I'd be careful with CPTCQ here...
This has been my favorite stock for two years now, and I study it's charts more than any others...I see a rather large double top possibly forming...that should yield down to 1.33
If the support levels of 2.15 and 2.10 fail...
On the daily chart, the next solid support is around 1.26 to 1.28
I see a daily chart that ran too far too fast from the breakout at up at 1.63 with two gaps that have yet to fill...If 2.10 fails, my calcs say a fall of .77 is possible...the fall will be hard and fast with increasing volume as people bail out as fast as they can, and some won't even bother to grab a 'chute...we've seen this happen a few times before...
The most important level it must hold today on a closing basis is the close on 7/29 of 2.37
The good news is...if it can manage to head up from here and from now on hold today's intraday low of 2.34 The possible double bottom it could form with a Monday PR (we haven't had one in two weeks) is very sharp edged...and when it breaks out up above the intraday high of 2.87 set on 8/3 the possible yield up would call for a high of around 3.38 or so...This move up could also happen rather quickly, though not as fast as the possible dump we may be facing...
Of course, all this is just my way of measuring possible yields up or down on a chart, and has worked for me in the past more times than not...
Good Luck To ALL,
RBAK!!! It never ceases to AMAZE!!! eom