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JT thanks for the post. I will check out those great picks! Here is to a great week!
Good investing,
Cheers, Bow
Hi JT, thanks for post re: CXTIE.
I am holding the fort, I bought 15,000 shares on Friday @$0.50, averaging down to $2.18 a share. I am not convinced that CXTIE is a scam, yet. The fact that former CFO found a new job (in a company with ties to JFL yet!) tells me that CXTIE still maybe a viable company. Yes, many, many problems, auditor resigning, PR firm resigning, yet if it turns out that CXTIE is an out and fraud, I will be very surprised, and lose a lot of money. We should know in the coming weeks and months. It certainly is probably headed for the pink sheets, but I do not think this is a death knell for the stock.
I am also going to average down in IDMI next week. EU decision on "Junovan" might come next week. If the EU approves, I think IDMI could see +$3.00 a share.
Good investing,
Cheers
and thanks again for your great picks. Bow
JT, much appreciated! thanks for the input and info, my friend. I will keep my eye on SMTX.
Good investing,
cheers.
hi jt. thanks for the great info. i will look into your great picks.
i am up to my a## in alligators in CXTIE. just might have to average down tomorrow, but how such a good looking stock on paper could find so much trouble is pinching my pocket book. oh well, still just a paper loss and maybe she can bounce back with the filing of 10k. what are thy thoughts?
rgrp.ob took a hit today, but again, looking for rebound to >$1.50?? soon?
idmi- perhaps we will get some ruling from EU this week on "Junovan." if EU approves, it would sure put the FDA in the hot seat, IMHO.
anyway, last couple of months have been very rough, from +50K in the green, to, well, to sea of red.
tomorrow is another day, good trading and thanks again for the selections, looking good.
cheers, bow
With respect to Roo's developed/managed MTV University site, (www.MTVU.com) it's awesome.....!!!
William D. Witter, Inc., added 117K shares of RGRP in past two weeks.
In the past couple of weeks William D. Witter, Inc., added 117K shares of RGRP, for a total of 254,776 shares. I think this is very significant because if you go to www.nasdaq.com and see the total holding of Witter you can see they sold a lot of stocks in Q2-2007. With the lastest market down turn, this turned out to be a savey move.
In Witter's portfolio in Q2-2007:
Total Positions: 204
New Positions: 24
Increased Positions: 28
Decreased Positions: 142
Sold Out Positions: 87
It is nice to see that Witter has such confidence in ROO!
By the way, Witter's largest holding is URRE, Uranium Resources, 1.1M shares, interesting.
GORGRP!
Ashford Capital +1.1M shares of RGRP in last two weeks.
I printed institutional ownership from www.cnbc.com. On 8/17/07 Ashford Capital had 3.0M shares of ROO. On 8/31/07 they had 4.1M shares, +1.1M shares. Perhaps Ashford was the "rogue trade" on Wednesday for 575K shares @$$0.55, then RGRP popped back up to around $0.70.
Anyway, good to see institutions buying RGRP. Perhaps with some luck we can get near our $2.75 target price.
GORGRP!
RGRP.ob. from be long 4 life on RGRP Yahoo MB:
Correct me if I am wrong but Murdoch and his people have an interest in Roo.
Hulu is Newscorp's new Youtube killer site that everyone will want to partner with. Roo provides player tech for websites in part correct? Why did Murdoch invest money in this company if he did not intend to drive money to the company?
I won't pretend to understand everything involved but it seems if you follow the NWS money and observe what they have in the pipeline that may directly benifit the tech Roo possesses then connecting dots will become easy in time.
from be long 4 life on RGRP Yahoo MB:
Correct me if I am wrong but Murdoch and his people have an interest in Roo.
Hulu is Newscorp's new Youtube killer site that everyone will want to partner with. Roo provides player tech for websites in part correct? Why did Murdoch invest money in this company if he did not intend to drive money to the company?
I won't pretend to understand everything involved but it seems if you follow the NWS money and observe what they have in the pipeline that may directly benifit the tech Roo possesses then connecting dots will become easy in time.
from JT Stocks MB (joseph)
More great dd on RGRP but still searching into yesterdays trading...
Sent By: Anthony1971 To: JT__Stocks Date: 8/29/2007 8:09:57 AM
This is very key for RGRP....During the second quarter, revenues in the Online Digital Media segment were $2.2 million, an increase of 146% compared to revenues of $0.9 million for the second quarter ended June 30, 2006. Revenues in the Advertising Agency segment were $1.3 million for the second quarter, an increase of 22% compared to revenues of $1.1 million for the second quarter of 2006.
Now the operating expense was way way out there compared to last year..That easily explains the depreciation in PPS..If they can maintain that revenue and cut some operating expenses they are a WINNER..I will be watching this one closely..
Still with just this little DD I like it...Would not buy it yet but monitor closely
Ada, did you catch Tuesday's rouge trade in RGRP? 575K shares @$0.55 share. Closed at $0.75. Another poster on Yahoo said bid never got below $0.65. What do you make of it?
Cheers.
hey JT did you see the action today in RGRP.ob? "rogue trade" @$0.50 share, over 500K shares. Closed at around $0.75. what do make of it? A poster on Yahoo said he tried to get order filled @ $0.55, would not do it.
Cheers.
meixatech, do not know about COR, but IDM is going to shine in 2008. I'm down big time too in this stock, but as I posted yesterday, I bought more @$1.62, and plan to hold for the long term.
thanks for all your input and looking forward to hearing from you very soon.
good investing,
Cheers, Pete (bowonwing)
Yes. the Q3-2007 institutional holders information on IDMI should be available around 11/15/07, in takes around six weeks from the end of Q3 (9/30/07) for the information to come out.
Good investing,
cheers.
Yes, I was looking at the chart and thought "a bullish hammer???"
Kind of hard to think that way after an 18% haircut.
We shall see. Thanks for your post!
GOIMD!
Hi ada. Yes, I was just looking at a 10 day chart for ROO. 10 days ago it was at $1.30 share, -$0.50 in 10 days! Someone is selling for sure, but I wonder how long selling like this can continue? As always, you never know!
Market cap: 30.79M @ $0.79 share.
Revenue: 12.56M (ttm). Incredibly, ROO is selling at 2.5 x revenues, with +78% revenue growth last quarter yoy.
good investing,
Cheers.
Yah surf, rough day. Not what I had hoped would happen. Then, also, I have a real sense of relief that the cards are finally on the table. I too, am averaging down.
l feel unfortunate for the cancer victims that "Junovan" might have helped. From my limited understanding it was about 11% effective. I am of the belief that if "Junovan" helped one person it would be worth development. (my mother was a double cancer survior.) As many articles and people have said, there is something seriously wrong at the FDA, since, again to my limited understanding, "Junovan" was well tolerated by patients. Does not make sense to me.
Do you think there is still any chance for approval, or is "Junovan" dead? Does not Bassett still think it will get approved?
good investing,
Cheers.
PS. There was very good institutional buying of IDM in Q2-2007, 2.6M new positions and 2.7M increased positions (while 994k decreased positions and 12K sold-out. 27M shares outstanding) I did not see a mass run for the exits today. Maybe, hopefully, these Q2 institutional buyers are going to stick around for all the good things that are going to happen to IDM in 2008.
I have looked at a lot of bio-tech stocks and have a hard time finding any rhyme or reason as to stock price and fundamentals. They seem to have a life of there own. Admittedly I am no stock guru. Right now IDM's "stars" are out of alignment. I am actually kind of amazed at the negative response from the FDA's announcement today. I mean, after all, the panel did vote 12-2 against "Junovan." Was the rejection by the FDA such a surprise? I think some people, in their hope for approval of "Junovan", clouded their observation. In other words, I still believe in IDMI, as so does Bassett.
I thought IDM held up rather well today. There was the initial blow in the morning and then the stock held up, on medium-high volume. I thought it was a very positive sign and bought more IDM @$1.62 share.
Last poster predicts a stock price in the $1.20 range. I disagree. I am hoping, yes hoping, we see a rebound to >$2.00 in very short order and trading around $2.00 until Q1-2008.
Rightly or wrongly, I truly believe the negativity has already been wrung out in the price of IDM.
To all longs I say hang in there!
GOIDM!
re: ABPH.ob. chart looks ok. not enough information for me to do DD. EPS $0.122 (ttm). $606K cash. $6.1M debt. Certainly could swing back to the upside.
Good investing,
Cheers.
8/27/07
source: ROO 8/04/07.
Shares outstanding: 59.8M
Price (8/27/07): $ 0.82
Market Cap $49.03M
Cash on Hand: $31.50M
Adjusted Market Cap$17.54M
Hi JT. dodging bullets. bought 10K more of RGRP @$0.82/shr. Yahoo.
4800 shrs of IDMI @$1.62. Bohoo.
crikey. I might need resuscitation.
Good investing,
Cheers, Bow
can't believe Bassett did not factor todays events into her analysis of IDMI weeks ago. IMHO she must (should) have considered todays contingency. If right, we are still on track to met her revenue and EPS targets for IDMI in the coming year.
Comments? Right, wrong, maybe?
For me one of the big pluses of today is medium volume so far. Stick my neck out, we close today down 5% or less.
anyone else buying here? I've got 5600 shares limit @$1.62, partial fill of 4800 shares. Bad news, stocks taking pretty good hit, but volume is not huge. Aside from intial downward hit at open, IMHO IDM is holding up rather well. As if this news was already pretty much priced into stock.
Comments?
just bought another 10k shrs @$0.82/shr. I am now about as loaded up on RGRP as I can be @$1.30/avg. shr price.
time will tell if I am on the lunatic fringe or the edge of genius.
Good investing,
Cheers.
"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." Warren Buffett.
linu,
Thanks for the info. Good move getting out of ROO.
Cheers.
Out of desperation, I sent a mesaage to ROO, informing them that if the stock price does not go over $1.00, by on or about October 4, 2007, we will be heading for the pink sheets. I asked, if possible, if they have any positive information regarding ROO, to release it as soon as possible to reassure investors that the company is a dynamic and growing concern. Will let you know if I get a response.
GORGRP!
Well---
at least there was high volume in TPLM.ob!!!
JT, what is take on RGRP? I am getting killed right now. Do you think it could bounce back soon?
Have a greet weekend.
Cheers.
La Jolla dreaming.
Well, August '75 I was a freshman at Muir College, UCSD.
Still had some open places back then. Spent many a day at Scripps boogie boarding and body surfing, perhaps we crossed paths. Thanks for the info.
Cheers.
to meix- personal, sorry.
just hit me you live in Cardiff-by-the-Sea.
1976 lived at Kathy Lane while at UCSD, back in the day, -60 pounds and 500,000 people. Now I'm in Bay Area. Steamrolled down there and steamrolled in Bay Area. When I lived there met a native who said he and family used to hunt rabbits on the mesa where they built UCSD.
Life goes on.
Cheers.
Nasdaq delist: <$1 for 30 business days. Nasdaq Marketplace Rule 4450(a)(5).
Holders of RGRP, like myself, better hope we get back over $1.00 by September 23, 2007, or it could be .pk RGRP!!
Yes! Thanks JT!!
Hi JT. IMGN. losing more $ in '08. +9.1 revenue growth in '08. No debt. 42.27M shares. I don't know. What do you see?
TGB:
Taseko Mines. EPS est. '07: $0.47; '08: $1.24, +163%. Closed today @$4.05, 52 wk range, $5.59-1.96. 128.66M shares though. $41.1M debt, $77.26M cash. Making $, positive cash flow. Copper & gold miner.
TPLM.ob:
Triangle Petroleum. EPS est. '07: -$0.26; '08: $0.50, +292%. Closed 8/21 @$1.40, at or near all time low. One year target $5.00. 35.41M shares out standing. Just had private placement in 2/27/07 of 10.41M shares @$2.00 share. Exploration company focused on the Fayetteville Shale project in Arkansas, and in Texas and East coast of Canada. Only one institutional holder- Palo Alto Investors, which is where I found this.
(Palo Alto is where I found IDMI, which may, MAY, get approval for Junovan by the end of the month. If so, currently @$2.10, could make a major move to the upside.)
Good investing,
Cheers.
First of all, good move to sell @$4.00!
Investing in RGRP really depends on your time frame. I truly believe, over one year, two, three years from now, this stock will be a winner, possibily a huge winner.
In the short term though, I am beginning to wonder if ROO is going to make it as a stand alone company. I base this statement pretty much on the price action of the stock. I would have never dreamed that price would have gone down much lower than $1.50, my buy price for a lot of shares, but I was very wrong.
I also think this stock is very risky, if I was not already in, I am not sure I would buy into this stock right now. In my opinion, this is the CEO's Rob Petty's baby, his vision. I just hope he has not broken off more than he, and the company can chew.
If your risk level is high, you might make a lot of money buying RGRP at these levels. But just understand what you are getting into.
Having said all that, the revenue growth is here and that is the key. Pretty much dead money until next earnings annoucement in three months. But if the revenue keeps growing at +70% per quarter, there will be a day when RGRP hits it's one year price target of $3.00 per share, a two bagger at these levels. Not a bad return.
Good investing,
Cheers.
I believe under a $1.00 for 30 days and it could be to the pink sheets. Yikes!!!!!
Down to $1.01, -$0.12 on the day.
After the earnings announcement last week, I was afraid this was going to happen, with the company losing $0.22 a share, instead of the projected -$0.15.
Yikes, looks like we are going under $1.00!?
GLTA, we are going to need it!
Aardman Animations Partners with ROO for Wallace and Gromit Website Re-launch
BourSonews
22 août 2007 (PARIS)
LONDON, August 22 /PRNewswire/ —
ROO Group (OTC Bulletin Board : RGRP), a global leader in online video solutions for content providers, advertisers and websites, has collaborated with Aardman Animations to re-launch the Wallace and Gromit website (www.wallaceandgromit.com) with advanced video functionality. This is the first time that video footage of the British animation series has been made openly available online.
The new website will house a mini player on the homepage, which will link through to a main portal player with full-screen viewing capabilities. A significant collection of Wallace and Gromit content will be on offer, including a series of short films and clips from their classic animations.
Moving forward, the site will also be used to showcase future Wallace and Gromit material to its fan base.
The content will be free and funded through video advertising. Advertisers will be able to purchase pre-roll video and banner ad formats directly from ROO, which will run across the mini player and main video portal. It is hoped that the site will attract advertisers with broad family appeal.
The video player will be powered by the ROO Video Exchange platform, delivering full backend hosting, uploading and streaming of video assets, while allowing Aardman Animations to self-manage its video content strategy.
Tony Martin, senior vice president ROO Europe, comments : etquot ;It is great to see a British filmmaker so keen to open up its content to online viewers, and demand for advertising is expected to be high. ROO will be managing advertising sales on behalf of Aardman Animations, so that they can focus on what’s important to them — content.etquot ;
Paul Deane, head of online at Aardman Animations, adds : etquot ;The ROO player and ROO’s experience in selling the associated advertising lets us run our own Wallace etamp ; Gromit channel for fans to watch anytime. We’re really excited about it and think fans of Wallace etamp ; Gromit will love it too.etquot ;
Notes to Editors
ROO press contacts : Wendy McAuliffe / Lloyd Gofton Liberate Media Tel : +44-07900-886791 Email : wendy@liberatemedia.com / lloyd@liberatemedia.com
About ROO
ROO Group Inc. (OTC Bulletin Board : RGRP) through its 100% subsidiary ROO Media Corporation, is a global service provider enabling businesses to leverage their digital media assets and provide an enhanced user experience. The company’s proprietary platform, the ROO Video Exchange, simultaneously services multiple video channels, audience segments and advertisers and, as such, has become a leading platform in content aggregation, distribution and targeted advertising. ROO’s unique ability to offer a etquot ;many-to-manyetquot ; service has helped secure its position as the service provider of choice for companies seeking effective strategies for monetising digital media assets. The company has offices in the United States, United Kingdom and Australia. For additional information, please visit the company’s website at www.roo.com.
About Aardman
Aardman, based in Bristol (UK), co-founded and run by Peter Lord and David Sproxton, is a world leader in animation. It produces feature films, television series, television commercials, web and mobile content for both the domestic and international market. The studio has won over 400 international awards including 4 Oscars(R).
Aardman’s multi-award winning productions are novel, entertaining, brilliantly characterised and full of charm that reflects the unique talent, energy and personal commitment of the very special people who make up the Aardman team. The studio’s work is often imitated and yet the company continues to lead the field producing a rare brand of visually stunning and amusing independent and commercials productions.
Web site : http://www.roo.com http://www.wallaceandgromit.com
ROO Group
Wendy McAuliffe, or Lloyd Gofton, Liberate Media, +44-07900-886791, wendy@liberatemedia.com, or lloyd@liberatemedia.com, both for ROO Group Inc.
So will I, Ada!
Hope we see it soon.
Good investing,
Cheers.
ROO "buy," target price reduced to $3.00/shr from $3.50.
Tuesday, August 21, 2007 8:04:47 AM ET
Cantor Fitzgerald
NEW YORK, August 21 (newratings.com) - Analyst Boris Markovich of Cantor Fitzgerald maintains his "buy" rating on ROO Group Inc (ticker: RGRP), while reducing his estimates for the company. The target price has been reduced from $3.50 to $3.00.
In a research note published this morning, the analyst mentions that the company has reported its 2Q07 results broadly in-line with the estimates. ROO’s expenses for the quarter were higher than expected at approximately $900,000, the analyst says. The downward revision in the target price reflects the new valuation metric assumptions, Cantor Fitzgerald adds. The pro forma EPS estimates for FY07 and FY08 have been reduced from -$0.49 to -$0.55 and from 0.41 to $0.48, respectively.
-$0.22 EPS 3 mo ended 6/30/07.
So we lost -$0.07 more than the -$0.15 estimate for Q2-2007, 46.5%!!!!!:
The bad:
"NET LOSS BEFORE INCOME TAXES. As a result of the factors described above, we reported a net loss before income taxes of $13,866,000 for the six months ended June 30, 2007 compared to $5,833,000 for the six months ended June 30, 2006, an increase of $8,033,000 or 138%."
The good:
"Consolidated revenue increased by $2,792,000 from $3,794,000 for the six months ended June 30, 2006 to $6,586,000 for the six months ended June 30, 2007, an increase of 74%."
"As of June 30, 2007, we had working capital of approximately $24,277,000 and a cash and cash equivalents balance of $23,840,000."
I guess we will find out this week what this means to the stock price.
I sure hope we can stay >$1.00.
Yikes! I hope this is only a temporary occurance. At least revenues were up nicely.