is enjoying the adventure after 50 years on the beach
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Flight to quality no doubt. Mkt cap 3.6 mil???, operating profit most recent month 15 mil. Are these numbers wrong?
SCRA 14.5/15.5, acting pretty good.
Bruce, Good One! Thanks.
DNDN news could explain option activity in advance of European approval which came this morning. DNDN ran to $20 once and may revisit that area by summer which US approval. Options are cheap Feb 7.50 calls were .12 and I got a few down there.
SEED options are now expensive but not that long ago when the stock was in the hopper the May 7.50 calls were trading at .50 and I sold a few of those over $4. I do believe CDS may be sleeper also (with options available).
Spring may happen again.
Hi Tuna, DRYS looks better than it acts but maybe option guys are holding it down. Think DNDN worth watching the option trading. Some pretty wild predictions going on for that one.
Interesting spreadsheet posted on Yahoo on DRYS board. And the Barons article reads positive for their recent investment in deep water platforms.
Help, I'm getting bullish on SNDK again.
DNDN todays option volume over 2000 contracts Feb 7.50 calls@.23
DRYS testing $63 again, you can buy Jan 2009 options on DRYS with strikes all the way up to $200, And they are fetching good premiums.
I also have a small solar play that's up on news. APV.T (APVNF.pk). Check out their new process for making solar grade silicone. Signed German customer up yesterday.
Hi Tuna, Good Luck to us with DRYS, Hope its turning here. 3.6 times next years earnings?
CMX.V .26 small cap with "visible" copper and soon reporting drill results also. Acting pretty good.
CMX.V .25 +.09 on photos showing copper near surface. Don't know exactly what that signifies. Anyone?
PXX.V Has apparently worn out the Stockhouse touts, just about one post every other day for months. The last one though mentions
2 reports with targets $12/15 year-end 2008.
Nice PR this evening. Looks like you have found a good one.
Smoke
Bob, APV.TO
Here's a small play trying for big things in solar quality silicone production.
http://biz.yahoo.com/cnw/080107/arise_plant_running.html?.v=1
Thanks Rocket, speaking of drilling have you looked into PDRT?
Particle Drilling Technologies, Inc., a development stage company, engages in the development of a proprietary drilling system for oil and gas industry in the United States. The company's technology is designed to increase the rate-of-penetration in the drilling process, primarily in hard rock drilling environments. Its system is designed to entrain, circulate, and recover the particles in the mud system without allowing the particles to circulate through the rig pumps. The company was founded in 2002 and is based in Houston, Texas.
Does CN.v (CNRIF.pk) $37mil mkt cap have more potential than TAM.v (tmlvf.pk) at $27mil mkt cap in your opinion?
Speaking about getting rich quick I have been most lucky in options on some of these Chinese stocks. SEED is one that I traded badly before but noticed someone was offering large chunks of May/2008 $7.50 calls at .50 when it was in the hopper. Even earlier this week they were still near $1 and now offered at $3.60. SEED flew to $15 earlier and may challenge that high in coming weeks. If so my .50 calls will be worth 7.50 plus some time premium and a spike into the $20 wouldn't be unreasonable.
And as for getting rich slowly consider FMD on the NYSE at $13.41. Here's an interesting post from a pretty good yahoo board.
Re: Trust Seasoning Review 29-Dec-07 02:30 pm
I agree. There are 2 main event that will happen soon and the outcomes could boost the stock dramatically from here. The first is the final Moody's ratings evaluation on the 16 tranches that they were looking at. Since there are about 8 tranches per securitization, I'm not sure if they are looking at 1 or 2 tranches from multiple trusts or looking at all 8 tranches on just 2 trusts. Either way, I assume that FMD's collections folks were double-timing it on their collection efforts on the 16 trusts under review.
I think that all of the ratings will be affirmed by Moody's which will quickly send the stock to $20 again.
And the second major event is when the next securitization happens. That's when we'll be looking at high $20's again. I expect that the next deal will have less favorable terms so don't expect the stock to get back to the $30's immediately after the next securitization.
And when this credit crunch becomes a faint memory, which I expect will not happen until about Q4 of 2008, the stock will clear $30 once again. And when all of these tales are told, expect to see FMD stronger than ever because CDO investors will begin to put a premium on student loan debt pools in relation to mortgage debt pools. ...Stronger than ever except for the garbage 20% dilution of shares that we just went thru for a paltry $1.26B line of funding from Goldman Sachs.
I know that FMD had to scramble for funds just like everyone else who got blindsided by the complete shutdown of the ABS market, but they paid a STEEP STEEP price for it. IMHO FMD should have been socking away all of their dividend money (rather than paying it out) as a buffer to events like the credit crunch. 6 months ago, I challenged them to stop paying their dividend and they basically said that they had no need to keep it. I guess hindsight is 20/20 but maybe they now realize how important it is to have a cash hoard on hand as a finance company -- even if they aren't a true lender.
Regardless, this stock is an absolute STEAL at $15 and I was buying in the $30's.
CYTX challenging its triple top, any warm feelings about their chart?
What we all need is another Rocket Red Paris Hilton stock or something similar that produces $45000 profit in 6 or 7 days.
Then I can go south and hang up my snow shovel for this winter.
Smoke
OMG, Remember back when shorts were pounding this down to nothing, hardly anyone had a kind word for them then.
Things change.
Happy Holidays!
Zeev, great to see you back in the game.
Happy Holidays.
Smoke
P. S. Got RIMM calls? How about SNDK Jan 40s at .50?
Thanks, consensus shows 1.23 for 4th quarter, $1.53 for first quarter but only 4.48 for 2008. Can't see ATPG under $50 next Christmas, hoping for new highs by March.
ATPG, those are pretty big numbers, wonder how that translates to bottom line growth.
CPST, Perhaps worthy of consideration. Chart BO in progress and some press following:
(Motley Fools 12/18/07)
A crowning achievement
While solar energy has been getting all the attention lately, other renewable energy sources have also had the wind at their backs. Such is the case with tiny Capstone Technology, a manufacturer of microturbines that can operate on a variety of gaseous or liquid fuels and emit very low emissions. It recently unveiled the first megawatt microturbine. The company claims that each installation of its solution is the emissions-reducing equivalent of removing up to 700 cars from the nation's highways.
Although a number of top-ranked CAPS investors feel this could be a case of investors piling into a company because of its relationship with "alternative energy," bulls here feel its technology can actually assist and proliferate. CAPS investor laservisor noted last year that alternative fuels will be driving ahead and Capstone can benefit from them.
The next revolution in energy will come from biomass based resources. Ethanol is what most people think of when they think biomass energy, but there are two very important other fuels: biogas (CH4+CO2) and producer gas (CO, H2, etc). These fuels can be produced at the community and "district" scale from ag waste, municipal urban waste, and so on -- and there are literally hundreds of thousands of sites around the world where small decentralized units of energy production from biomass can be commercialized.
Capstone is extremely well poised to be the leading technology driver for this revolution because of its scale, modularity, and proven reliability over the years.
Further, even though some CAPS All-Stars like luvb2b, with a perfect 100.00 player rating, see it as a short-term play, they also note that the company has good fundamentals and some growth drivers poised to give it a boost.
CPST has a lot of the characteristics needed to make it a good January Effect candidate:
1. Recent fundamental news including incentives by NYC to promote use of microturbines.
2. Breaking out to a 52wk high.
3. Part of the hot alternative energy sector.
4. A play on increased energy efficiency.
5. Low price, historically volatile price action, low market capitalization, and high short interest.
Thanks, I check that thread also occasionally but thought this prolonged dumping might indicate something worse than a 2.5 day closure. Maybe LBE can go up as well as down.
Happy Holidays
linuspop, thanks for that post on LBE. I like those projections. Has LBE ever released anything concerning the mining accident? It bothers me if they didn't think it worthy of mention and leaves us stuckholders thinking the worst.
Iava (IYSA) completes the scheduled 1/10, so is the o/s now 10mil?
What would be the point of an additional 1/100 r/s.
Edit, LAVA symbol= should be HOT.
Bob, How about this on POE.V
L44H-D1 (60% WI & Operator)
Deviated well L44H-D1 is flowing at a sustained, stabilized rate of approximately 3,940 barrels per day of 35.5 degree API oil with a water cut of 0.05%. The well is free flowing through casing and tubing with restricted choke setting of 38/64" and 26/64" respectively. Flowing wellhead pressures on casing and tubing remain high at 280-285 psi. Load out of oil tankers from the well location is the determining factor in not taking production higher at this stage.
Pan Orient has been informed by the Thailand Department of Mineral Fuels that this is the highest flow rate ever achieved by any oil well drilled onshore Thailand.
L44H-D1 reached a total measured depth ("MD") of 1,217 meters, 866 meters true vertical depth ("TVD"), at a subsurface location approximately 700 meters north of the oil producing L44-H well location within the central fault compartment of the NSE field. The top of the main volcanic was penetrated at a depth of approximately 1,016 meters MD (755 meters TVD) with over 200 meters measured thickness (111 meters true thickness) of the target volcanic reservoir penetrated. The drill bit was still within the main target volcanic reservoir when the decision was made to call total depth on the well. L44H-D1 is the structurally highest volcanic reservoir penetration within the NSE field encountered to date. Total drilling fluid losses of 9,385 bbls at rates of 100 to 260 bbls/hr were observed while drilling through the main target. Wiper trips at 1,155 meters MD and 1,217 meters MD had resulted in oil to surface. This was the third well drilled into NSE's central fault compartment.
These test results at L44H-D1 confirm an oil column at Na Sanun East ("NSE") of a minimum of 150 meters.
Looking forward, the implications of this well on NSE field development are significant. L44H-D1 was a highly deviated well (approximately 51 degrees) at the time it intersected the top of the main volcanic objective. Based on these results, consideration is being given to full NSE field development utilizing up to 12 horizontal wells, the potential advantages being: 1) maximum reservoir thickness penetration 2) improved access to the extensive fracture network 3) less drawdown at higher rates, and 4) greater distance between the well bore and the oil/water contact, likely reducing the time to water breakthrough.
NS6-D1A Sidetrack (60% WI & Operator)
Sidetracked well, NS6-D1A is free flowing 35.5 API oil at a stabilized pre-cleanup rate of 615 bopd with choke setting of 18/64" on both casing and tubing. Flowing wellhead pressures are between 150 and 120 psi and water cut is approximately 0.05%.
NS6-D1A is located within the south fault compartment of the NSE structural closure approximately 400 meters north of the original POE-9 discovery well. The well penetrated approximately 23 meters of the main volcanic target with mud losses at rates of 20 bbl/hr. This was the fifth well drilled into NSE's southern fault compartment.
WICHIAN BURI-1 "DEEP" (60% WI & Operator)
The Aztec #14 rig is drilling ahead at a depth of 900 meters after setting 9 5/8" casing at 362 meters. Drilling is anticipated to take approximately 8 days to reach total depth.
WB-1 (Deep) is targeting an approximately 220 meter thick volcanic at a depth of 1,503 meters. This interval was penetrated by the original WB-1 well in 1988, resulting in severe lost circulation with approximately 20,000 bbls of drilling fluid losses that were associated with very high mud gas readings while drilling through the potential volcanic reservoir. Subsequent sidewall cores taken over this interval indicated oil staining. This deeper volcanic zone was never properly evaluated by the earlier operator as the shallower, conventional F sandstone reservoir tested oil at 500 bopd.
Outlook
Current field production capacity is now greater than 10,000 bopd gross (6,000 bopd net to Pan Orient) with average deliveries to the refinery of between 5,500-6,000 bopd gross (3,300-3,600 bopd net), limited by the capacity of the tanker fleet. Delivery is anticipated to increase to 7,000 bopd gross (4,200 bopd net) in late December 2007. The use of a new loading bay at the existing refinery has been negotiated, bringing the refinery capacity up to approximately 10,000 bopd gross. Upon approval of the NSE production license by the Thailand Department of Mineral Fuels, a second refinery contract is anticipated to be signed, bringing the total refinery unloading capacity to over 20,000 bopd gross.
Pan Orient Thailand management continue working on a number of options to reduce the trucking capacity choke point as quickly as possible. This is a short term issue caused by well deliverabilities far in excess of initial expectations.
CHNR now Dr. That was an excellent LT investment, can it double again tomorrow? I'm out now.
Thanks, I just going to hold it and see. NGG.V is the lowest cost going miner I own and if bullion has to go to $1000 to make up for the rising mining costs, it should be flying.
CHNR running now. Can these numbers be true?
Shareholder Equity
Shares Outstanding 11.5 M
Institutional Ownership 0.58%
Number of Floating Shares 1.0 M
Short Interest as % of Float 49.28%
Conclusion: Mining cost are too high or metal prices are too low.
Companies carrying too much debt may not be around to enjoy the higher metal prices in the future. I believe Tara's game plan is long term in nature so can they wait it out in your opinion?
WAG 12/03/07 8:23 AM
Your call on QID a couple of weeks ago was the best.
Thanks
IYSA ?
Not sure if this background info is correct but looks pretty good to me. (That may not be a good thing)
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24805158
Nice to see a dead man walking in my portfolio, maybe he can wake some others up.
Cheers
Smoke
Bobwins, Thanks for that post on LBE.V. I got back into it yesterday and its seems to be popping this am on the financing news and moving to the Toronto exchange.
Buy and mold?
smoke
"Lock Ness" formation? Haven't had much experience with those unfortunately.
IVFH maybe returning from the grave, according to Bloomberg 111 mil os at .0045 gives them a 500K mkt cap, and they are indicating last years sales to be 7mil. Summiting filings to the SEC. Didn't mention anything about recovery of the Pizza money but one to watch. Use to trade near .20.
Consider a 11.30 am EST rule, which reads like this: don't dump Chinese plays before 11.30 cuz strange things begin to happen about that time. As in SEED yesterday. And there have been several others but don't have a clue as to why.
This Lentinman guy have this problem often?
Bob If you buy this stock I'll feel exonerated for holding it so long even if we both lose our A. I got 100K and I think these are mostly free shares but my cost still shows .02