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Likin TUE for a few day hold tommorow will tell the story
Out P-T @ .70 still looks good though!
Missed CQM !! Some decent movers today!
P-T .59 still looking strong
P-T looking for at least 75% today
P-T .56 now weeeeeee
TSX - P doing well .54 now
Playing TSX-V P @ .48 and TUE @ .79
BUYing P - .47 and Tue - .79
CXAC in here...looks ready to turn
Common stock, $0.001 par value; 200,000,000 shares
authorized, 27,956,453 and 24,107,340 shares
issued and outstanding, respectively
CRTX finally bottom here? Double intra day
PAN-V looks good to make the next move this week
UCR-V got some nice Vol today....was a point she was at .155 hopefully something is up....
Maybe like this...oh your sueing well theres 80-M less barrels avail now.......wait your still sueing thats 100M now.....
Haha Ya right!!! U.S. House passes bill to sue OPEC over oil prices
Tuesday, May 20, 2008
WASHINGTON — The U.S. House of Representatives approved legislation on Tuesday allowing the Justice Department to sue OPEC members for limiting oil supplies and working to set crude prices, but the White House has threatened to veto the measure.
The bill would subject OPEC oil producers, including Saudi Arabia, Iran and Venezuela, to the same antitrust laws that U.S. companies must follow. The legislation also creates a Justice Department task force to aggressively investigate gasoline price gouging and energy market manipulation.
Isn't it funny the reaction when the shoes on the other foot?????
CRTX bottom??? Nice Bid support
CRTX in for another 5K here IMO reversal is near
Uhh Ohh WorldHeart Announces Possible Delisting Action by NASDAQ
16:13 EDT Thursday, May 15, 2008
OAKLAND, Calif., May 15 /CNW/ -- (Nasdaq: WHRT, TSX: WHT) World Heart Corporation (the "Company") today announced that, on May 12, 2008, it had received a NASDAQ Staff Determination Letter stating that the Company's requests for continued listing on The NASDAQ Capital Market has been denied. The NASDAQ noted that the Company did not provide a definitive plan evidencing its ability to achieve near term compliance with the continued listing requirements or sustain such compliance over an extended period of time, as required by Marketplace Rule 4310(c)(4) (the "Minimum Bid Price Rule") and Marketplace Rule 4310(c)(3), which requires the Company to have a minimum of $2.5 million in stockholders' equity or $35 million market value of listed securities or $500,000 of net income from continuing operations for the most recently completed fiscal year or two of the three most recently completed fiscal years. Accordingly, unless the Company requests an appeal of this determination, trading of the Company's common stock will be suspended at the opening of business on May 21, 2008, and a Form 25-NSE will be filed with the Securities and Exchange Commission (the "SEC") which will remove the Company's securities from listing and registration on The NASDAQ Stock Market.
The Company may appeal Staff's determination to a NASDAQ Listing Qualifications Panel (the "Panel"), pursuant to the procedures set forth in the NASDAQ Marketplace Rule 4800 Series. A hearing request will stay the suspension of the Company's securities and the filing of the Form 25-NSE pending the Panel's decision. The request for a hearing, which may either be an oral hearing or a hearing based solely on written submissions, must be received by the Hearings Department no later than 4:00 P.M. Eastern Time on May 19, 2008. If the Company appeals, the Company must also address its failure to comply with the $1 million minimum market value requirement for its publicly held shares ("MVPHS"), as required by Marketplace Rule 4310(c)(7) for continued listing on the NASDAQ Capital Market. As of May 9, 2008, the MVPHS of the Company totaled $857,242.
If the Company does not appeal Staff's determination to the Panel, the Company's securities will not be immediately eligible to trade on the OTC Bulletin Board or in the "Pink Sheets." The securities may become eligible if a market maker makes application to register in and quote the security in accordance with SEC Rule 15c2-11, and such application (a "Form 211") is cleared. Only a market maker, not the Company, may file a Form 211.
<<
About World Heart Corporation
>>
WorldHeart is a developer of mechanical circulatory support systems. The Company is headquartered in Oakland, California, USA with additional facilities in Salt Lake City, Utah and Herkenbosch, Netherlands. WorldHeart's registered office is Ottawa, Ontario, Canada.
Any forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and include any statements regarding the Company's ability to regain compliance with the NASDAQ Capital Market listing requirements, as well as other statements that can be identified by the use of forward-looking language, such as "believes," "feels," "expects," "may," "will," "should," "seeks," "plans," "anticipates," or "intends" or the negative of those terms, or by discussions of strategy or intentions. Investors are cautioned that all forward-looking statements involve risk and uncertainties, including without limitation: the Company's immediate need for additional capital, risks in product development and market acceptance of and demand for the Company's products; delisting from the NASDAQ Stock Market if compliance with the listing standards, including the Minimum Bid Price Rule and other minimum standards, is not regained; and other risks detailed in the Corporation's filings with the U.S. Securities and Exchange Commission, including without limitation its Annual Report on Form 10-KSB for the year ended December 31, 2007.
For further information: Mr. David Pellone, +1-510-563-4775, or Ms. Peggy Allman, +1-510-563-4721, both of World Heart Corporation Web Site: http://www.worldheart.com
14,812,297 BRLC short interest (Update tonight)
BRLC might turn here....check short interest 14,812,297 (update tonight)
BRLC turning point?
HYGS next leg up soon?
Sweet sitting on 300K of these @ .003 I forgot all about!
Nice!! I forgot all about these I have 300K sitting there from waybacl ( .003)
FRPT great chart nice move....
Yikes...that 100K today!
FRPT strong close...chart looks ripe for next leg
AHCI whooo hooo thats what I was waitiing for $2 break now need to stay above and it shoud get sweet fast!
Agree, but retail seems strong here I was out on the week-end and had to fight for parking....A stark contrast to when I was down in Seattle a few weeks back...I guess the $600 buck checks wern't out yet...
Canadian economy is resilient: Flaherty
TARA PERKINS
Monday, May 12, 2008
The economy in Canada is proving to be resilient in the face of adversity, Finance Minister Jim Flaherty told a Toronto business audience Monday.
Challenges include the U.S. housing market, volatile financial markets, the strong Canadian dollar, energy prices and an aging population, he said.
But “Canadians and Canadian businesses have been resilient in the face of economic adversity.”
While this country's economy is closely tied to its southern neighbour, “we are not the United States,” Mr. Flaherty told a breakfast audience at the Economic Club of Toronto.
Canadian banks are well-capitalized, the housing market here is more solid, more Canadians are working now than ever before, and Canada is one of the few countries in the world with sound public pension plans, he said, adding that new employment figures that came out on Friday were “promising.”
“Work is being carried out to make our system better,” Mr. Flaherty added, noting that he met two weeks ago with the chief executives of Canada's big banks and will monitor changes they are making in areas such as disclosure.
While he said that “Canadians are confident for good reasons,” and the economy is strong, the finance minister did raise one potential trouble spot. “We're concerned about savings in Canada,” he said. “We have been monitoring the mortgage market, as we do, and we've seen an inclination now, a trend, toward longer-term amortizations and smaller down-payments and that is a matter of some concern. We're continuing to monitor that, to watch that.”
Mr. Flaherty also said that “higher gas prices are a reality.”
But, on another bright spot, while there is global concern about rising prices and inflation “Canada has been relatively protected from the inflationary trend elsewhere because of the relatively high value of the Canadian dollar, which affects positively the price of imports,” he said.
A research note released by BMO Capital Markets deputy chief economist Douglas Porter on Monday backed up Mr. Flaherty's largely positive take on the economy.
Canada's overall inflation rate has dropped in the past year to just 1.4 per cent, the second lowest in the world above only Japan, Mr. Porter noted. And subdued inflation has helped spur “some very hefty real wage gains for Canadians in the past year,” he added. Average hourly wages have risen 4.3 per cent from a year ago, nearly three percentage points faster than inflation, he said.
Moreover, the job market is strong and “even as manufacturing employment contracts in response to the strong Canadian dollar, the simple fact is that all other industries are more than offsetting the weakness,” Mr. Porter wrote. “Employment is up 2.1 per cent in the past year, slightly topping the pace of the prior five years.”
He added that “there is still precious little sign that the global credit crisis is making a real-world impact on the Canadian economy. Broad system-wide business and household credit has risen at a 9.9 per cent annual rate since the credit crisis broke, virtually unchanged from the 10 per cent pace in the prior period.”
While it is true that the six-year boom in Canadian housing is over, and the days of double-digit increases in sales and prices are in the past, “that does not mean doom is right around the corner,” Mr. Porter said. The market's still healthy and falling interest rates coupled with solid income growth should help avert a major slowdown this year.
AHCI...ready to break $2 today finally? Huge Vol (5X normal)..green now
PEA-V on fire!
AIRN EOD charge
OPEC take to top $1-trillion: EIA
Wednesday, May 07, 2008
WASHINGTON — Thanks to record crude oil prices, OPEC members will likely earn over $1-trillion this year from oil exports, according to the U.S. government's top energy forecasting agency.
Net oil export earnings from the Organization of the Petroleum Exporting Countries are forecast to skyrocket 57 per cent from last year's $674-billion to $1.06-trillion this year and then decline to $990-billion in 2009 after an expected contraction in oil prices, the Energy Information Administration said in its new forecast.
That is much higher than the EIA's estimate at the beginning of the year that OPEC would earn $850-billion from oil shipments in 2008.
On a per-capita basis, OPEC's oil export revenue will rise 55 per cent in 2008 to $1,769 from $1,143 last year, the EIA said.
OPEC members are benefiting strong global oil demand and skyrocketing crude prices, which for U.S. oil topped a record $122.73 a barrel this week.
Even though U.S. oil demand is expected to decline by 190,000 barrels a day this year because of high energy prices and a weak American economy, the EIA forecasts that global oil consumption will rise by 1.2 million barrels per day in 2008.
Microsoft eyeing Facebook: WSJ
Wednesday, May 07, 2008
SEATTLE — Microsoft Corp. is gauging Facebook's interest in a possible acquisition after the software giant's failed takeover attempt of Yahoo Inc., the Wall Street Journal reported Wednesday.
The newspaper reported on its All Things Digital website that Microsoft's bankers have put out “subtle signals” to Facebook to see if it would be open to a full acquisition.
Facebook and Microsoft officials were not immediately available for comment.
In October, Microsoft took a $240-million (U.S.) stake in Facebook, which valued the start-up at $15-billion. Citing unnamed sources, the report said Facebook is still likely to pursue an initial public offering.
The news came a few days after Microsoft tabled its unsolicited offer to buy Yahoo for $47.5-billion in an effort to build an online advertising powerhouse to rival Google Inc.
Canadians sitting on $45-billion of cash
JOHN PARTRIDGE
Wednesday, May 07, 2008
Canadian investors, wary of continued market turmoil, are sitting on a record $45-billion in cash and CIBC World Markets thinks they should be pumping it into the market.
Benjamin Tal, a senior economist at the firm, argues in a Consumer Watch report that by staying on the sidelines instead of pumping the cash into the stock markets, punters are forfeiting billions of dollars in potential gains, just as they did in previous periods of volatility.
“Despite the recent recovery in the stock market, Canadians are still sitting on cash positions which in real terms are 15 per cent higher than the already elevated level seen in 2001,” Mr. Tal said in the report Wednesday. “The October, 1987, stock market correction lasted two months, but investors sat on their newly created mountain of cash for a lengthy 16 months, during which time the stock market gained more than 20 per cent. Ditto for the 2001 flight to safety.”
The economist's arithmetic tells him that $30-billion in potential gains went up in smoke this way after the 2001 episode, and he figures the cycle is now happening all over again. “Fast forward to today's situation and it appears that history is repeating itself,” he said.
However, Mr. Tal also has spotted some dramatic changes.
One key difference, he said, is that younger investors are a lot more risk averse than they were just seven years ago. He calculates that 25-to-49-year-olds are responsible for nearly 40 per cent of the pile of cash now sitting on the sidelines, twice as much as in 2001.
Another measure of just how nervous investors have become? The implied volatility index of the TSX, the report says, has rocketed up by an “incredible” 80 per cent over the past to levels not seen in more than five years.
As well, punters have cashed in a startling $35-billion in equity mutual funds in the past six months alone, and this has helped produce a net outflow on a three-month moving average basis, the worst showing ever, according to Mr. Tal. “Investors are in a bad mood,” he said.
By contrast, money market fund sales hit a record $10.7-billion in the first quarter of this year, giving them a 10 per cent share of total mutual funds, up from 7 per cent last September. As well, cash positions in brokerage accounts are swelling by an estimated annual rate of 15 per cent.
Among Mr. Tal's other findings:
-Canadian households' cash holdings are jumping at a rate of 15 per cent, year-over-year, the fastest pace in more than six years.
-The $45 billion in “extra” cash they are withholding from the market adds up to 10 per cent of total personal liquid assets in Canada.
BUCA might break here....
BUCA nas (.48) CC tonight in for a few
BUCA - .48
In UCR looks good from here