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You should take a peeksie at that swamp monster... citrus, sod, cattle, sugarcane. I really did find them looking for a good sod stock (they're into transplants too)
They own tons of land in FL they bought in the 60's and carry on their books at cost. Hugely undervalued,imo...they have a pending tax issue that's in appeal. Any settlement should be favorable. They were part of the ethanol incentive grant a few months ago (remember Dubya sniffing ethanol in the lab coat? That wasn't them. But they got a possible grant from that incentive, amount yet to be determined.
Did I mention the alligators? Apparently they eat their employees, at least the short and slow ones.
Low floater too.
Buy my swampland!!!!
lol
"A second change approved by the SEC modifies its Regulation SHO, adopted in 2004 to curb abusive short sales. The SEC voted unanimously Wednesday to eliminate a controversial exception to the 2004 rule that shielded existing short positions from a requirement to deliver hard-to-borrow shares within 13 days of settlement. Once the change takes effect, 60 days after publication in the Federal Register, short positions previously protected by the grandfather clause must be closed out within 35 days."
http://www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20070613%5cACQDJON200706131600DOWJONESDJONLIN....
Universal Express CEO Addresses SEC REG SHO Grandfather Clause Reversal
Thursday June 14, 11:27 am ET
NEW YORK, NY--(MARKET WIRE)--Jun 14, 2007 -- Universal Express, Inc. (OTC BB:USXP.OB - News) -- Today Mr. Richard Altomare, Chairman of Universal Express (OTC BB:USXP.OB - News), addressed yesterday's elimination of the REG SHO Grandfather Clause. http://www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20070613%5cACQDJON200706131600DOWJONESDJONLIN...
"When the Security and Exchange Commission is reminded that it too must answer to the Constitution of the United States of America and the property laws contained therein, all Americans win," said Mr. Altomare.
"Their poorly thought-out 'Grandfather Clause' attempted to ignore the criminal shorting activities of market makers and the forgiven years blessed by the Security and Exchange Commission's belief that they alone create the rules from which our capitalistic democracy is built.
"There is a legal expression 'Falsus in uno, Falsus in omnibus' which translates to mean if you can lie and be wrong on one fact you are probably lying or wrong on all facts.
"Universal Express is proud to have been actively lobbying this issue and to always stand up for what is legal, moral and just.
"The Grandfather Clause is the first domino to fall on this prolonged and lonely position my General Counsel and I have stood up against for five years.
"The SEC is only a regulating agency, not a Gestapo-like organization to be feared. Its decisions are not infallible. Courts alone determine what is constitutional and what is unconstitutional. The Grandfather Clause was an illegal simplification of a shorting problem the SEC had permitted.
"The Clause no longer exists. Soon the SEC will have to answer for their treatment of us 'whistle blowers,' who dared to stand up despite the uncomfortableness of questioning the tactics of an organization which mistakenly believed itself to be above the laws of our nation.
"Let us never forget the SEC created an illegal law, illegally tried to enforce it, and now were forced to reverse the folly of their ways. Where is the restitution? When is the hearing? What about the companies that failed and the shareholders investments?
"When an authoritative, self-righteous, self-contained, governmental agency uses fear, illegal enforcement and intimidation, free-enterprise suffers. I am proud of our steadfast position, which we have taken against a previously untested bully. Today the bully left the playground. Tomorrow he'll be back; let us not forget that the bully must answer to a consistent democracy which has lasted over 220 years. Today the Grandfather Clause, Tomorrow an investigation into abuse of power and subsequent Congressional hearings," concluded Richard A. Altomare.
http://biz.yahoo.com/iw/070614/0266334.html?printer=1
6/13/07:SEC Approves Changes To Short-Selling Rules
By Judith Burns
Of DOW JONES NEWSWIRES
WASHINGTON -(Dow Jones)- The Securities and Exchange Commission voted Wednesday to abolish longstanding rules that restrict short sales in declining markets and to tighten rules intended to curb manipulative short sales, including so-called "naked" short sales.
The first change, approved in a 5-0 vote, ends decades-long restrictions by the SEC and U.S. markets on selling short as prices are falling. An experiment in lifting the rules for select stocks showed there was little justification for retaining restrictions such as the New York Stock Exchange's "tick" test, SEC Chairman Christopher Cox said.
Elimination of SEC's short-sale price restrictions and rules barring markets from using a "tick" or "bid" test to control short sales will take effect immediately after the rule change is published in the Federal Register, SEC staffers said. Barriers to short sales as prices are moving lower date from the 1930s, when regulators sought to prevent "bear" raids that could send prices spiraling downward. The advent of decimal trading has made it harder to comply with such restrictions, and with better market surveillance, "we've determined that the rule simply is not needed," said SEC Commissioner Paul Atkins.
A second change approved by the SEC modifies its Regulation SHO, adopted in 2004 to curb abusive short sales. The SEC voted unanimously Wednesday to eliminate a controversial exception to the 2004 rule that shielded existing short positions from a requirement to deliver hard-to-borrow shares within 13 days of settlement. Once the change takes effect, 60 days after publication in the Federal Register, short positions previously protected by the grandfather clause must be closed out within 35 days.
Short selling involves sales of borrowed securities, producing profits when prices decline. The practice is legal, but the SEC's Regulation SHO sought to prevent "naked" short sales, in which short sellers don't borrow securities they sell. Among other things, the SEC regulation, which took effect in 2005, imposed new deadlines on closing out short positions by delivering borrowed shares.
SEC officials said delivery failures have declined about 35% overall since Regulation SHO took effect and have fallen about 53% for hard-to-borrow stocks defined as "threshold" securities.
Longstanding, persistent delivery failures seem to be due to the grandfather protections and a similar shield for short positions of option market makers, and may be a sign of naked short selling, said Cox.
"It continues to be a problem, particularly in the microcap space," Cox told reporters after the SEC meeting.
SEC Commissioner Annette Nazareth said ending the grandfather protections won't have adverse effects, such as volatile trading, that prompted the SEC to adopt the shield in 2004. SEC Commissioner Kathleen Casey also endorsed the change, saying the benefit of doing so more than offsets concerns that a " squeeze" on outstanding short positions might roil stock markets.
To shed light on delivery failures, the SEC plans to make aggregate Depository Trust Co. data available on the SEC Web site shortly, after removing certain confidential information from the data feed already supplied to regulators by the DTC. Agency staffers said providing hard data on delivery failures may reduce the number of requests the SEC has received for such data under the Freedom of Information Act.
Protections for options market makers remain up in the air. The SEC abandoned earlier plans to narrow such protections and voted Wednesday to seek comment on eliminating the exception altogether, or adopting an alternative approach. One alternative would set a 35-day delivery requirement on short sales to hedge option series established before a stock is designated as a threshold security. A second would set the delivery deadline at 35 days or 13 days after the expiration of all options series in a portfolio, whichever is earlier.
Additionally, the SEC extended the deadline to close out short positions on previously restricted stock, allowing 35 days, rather than 13, and adopted a requirement for brokers marking a sale as an outright "long" sale to document the location of the shares being sold. The SEC also modified an exception from short-selling restrictions for unwinding net short index-arbitrage positions, available provided the market hasn't declined by 2% or more from the prior day's close, based on a market index. The SEC voted to substitute the New York Composite Index for the Dow Jones Industrial Average as the applicable market- decline index.
In a last-minute change, the SEC deferred action on a fourth rule that would have tightened short sales in connection with public offerings, but Cox said it plans to take up the matter shortly, perhaps later this month.
- By Judith Burns, Dow Jones Newswires; 202-862-6692; Judith.Burns@ dowjones.com
(END) Dow Jones Newswires
06-13-071600ET
Copyright (c) 2007 Dow Jones & Company, Inc.
http://www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20070613%5cACQDJON200706131600DOWJONESDJONLIN...
ALCO...Alico
...my sod play,lol
http://www.investorshub.com/boards/read_msg.asp?message_id=17716264
LOL, that's more than I got out of it.
It's good to have you back in the fray.
GL
NO, JVA!!!
...so psyched she found her uppity groove-thang.
It confirms that all is right in the land of polka,lol.
http://www.investorshub.com/boards/read_msg.asp?message_id=18781801
Reuters: U.S. bill seeks to expand farm exports to Cuba
By Adriana Garcia
Thu Jun 21, 7:24 PM ET
Four lawmakers seeking to boost U.S. farm exports to Cuba unveiled legislation on Thursday that would lift some of the Bush administration's restrictions on trade with the communist island.
The companion House of Representatives and Senate bills, by two Democrats and two Republicans, are similar to past plans that unsuccessfully sought to make it easier to sell U.S. farm goods in Cuba, which has faced a wide U.S. embargo for more than 40 years.
Since 2000, U.S. agriculture exports to Cuba -- which enjoy an exception to the embargo -- have added up to $1.4 billion. Farm groups believe that could be far higher if the Bush administration would lift restrictions in place since 2005.
"The Cuban economy continues to grow despite the U.S. embargo, and American exporters are forced to sit idly by while Chinese and Canadian companies take advantage of opportunities in our backyard," Sen. Max Baucus, a Montana Democrat who chairs the Senate Finance Committee, said in a statement.
"This legislation does not lift the embargo, but it is an important first step toward modernizing our Cuba policy."
Joining Baucus in the proposal were Sen. Mike Crapo, an Idaho Republican, Rep. Charles Rangel, a New York Democrat and chairman of the House Ways and Means Committee, and Rep. Jo Ann Emerson, a Missouri Republican,
"The backwards American policy on Cuba hurts U.S. producers a lot more than it hurts Fidel Castro," Emerson said.
"When we consider our relationships with China, with Venezuela and with Iran ... it's clear that we are holding the Cuban people to an unreasonable standard."
While the bill is sure to encounter opposition from anti-Castro lawmakers, the U.S. agriculture industry applauded the measure.
The American Farm Bureau Federation "will continue its work with Congress to pass legislation to eliminate these costly restrictions," said Bob Stallman, president of the largest U.S. farm group.
The legislation would:
-- lift all restrictions on travel to Cuba, presumably clearing the way for more U.S. trade missions;
-- allow U.S. exporters to be paid by Cubans directly, rather than having to go through foreign banks;
-- require the agriculture department to promote U.S. farm goods in Cuba;
-- secure visas for Cubans who want to inspect U.S. food facilities.
http://news.yahoo.com/s/nm/20070621/pl_nm/usa_cuba_embargo_dc_1&printer=1;_ylt=ArthJEUnTNpJCXw2k...
Reuters: U.S. bill seeks to expand farm exports to Cuba By Adriana Garcia
Thu Jun 21, 7:24 PM ET
Four lawmakers seeking to boost U.S. farm exports to Cuba unveiled legislation on Thursday that would lift some of the Bush administration's restrictions on trade with the communist island.
The companion House of Representatives and Senate bills, by two Democrats and two Republicans, are similar to past plans that unsuccessfully sought to make it easier to sell U.S. farm goods in Cuba, which has faced a wide U.S. embargo for more than 40 years.
Since 2000, U.S. agriculture exports to Cuba -- which enjoy an exception to the embargo -- have added up to $1.4 billion. Farm groups believe that could be far higher if the Bush administration would lift restrictions in place since 2005.
"The Cuban economy continues to grow despite the U.S. embargo, and American exporters are forced to sit idly by while Chinese and Canadian companies take advantage of opportunities in our backyard," Sen. Max Baucus, a Montana Democrat who chairs the Senate Finance Committee, said in a statement.
"This legislation does not lift the embargo, but it is an important first step toward modernizing our Cuba policy."
Joining Baucus in the proposal were Sen. Mike Crapo, an Idaho Republican, Rep. Charles Rangel, a New York Democrat and chairman of the House Ways and Means Committee, and Rep. Jo Ann Emerson, a Missouri Republican,
"The backwards American policy on Cuba hurts U.S. producers a lot more than it hurts Fidel Castro," Emerson said.
"When we consider our relationships with China, with Venezuela and with Iran ... it's clear that we are holding the Cuban people to an unreasonable standard."
While the bill is sure to encounter opposition from anti-Castro lawmakers, the U.S. agriculture industry applauded the measure.
The American Farm Bureau Federation "will continue its work with Congress to pass legislation to eliminate these costly restrictions," said Bob Stallman, president of the largest U.S. farm group.
The legislation would:
-- lift all restrictions on travel to Cuba, presumably clearing the way for more U.S. trade missions;
-- allow U.S. exporters to be paid by Cubans directly, rather than having to go through foreign banks;
-- require the agriculture department to promote U.S. farm goods in Cuba;
-- secure visas for Cubans who want to inspect U.S. food facilities.
http://news.yahoo.com/s/nm/20070621/pl_nm/usa_cuba_embargo_dc_1&printer=1;_ylt=ArthJEUnTNpJCXw2k...
Not at all! Relax...Grab some java, put your feet up.
Let me get my accordian.
Serf...
Serf? Where'd ya' go?
SERF,COME BACK!
I'll put the button box away!
MEA...Metalico Secures Private Placement for Anticipated Acquisitions
Friday June 22, 8:45 am ET
CRANFORD, N.J.--(BUSINESS WIRE)--Metalico, Inc. (AMEX: MEA - News), a rapidly growing scrap metal recycler and lead fabricator, today announced it has entered into a definitive purchase agreement with institutional investors to raise $36,722,000 million of gross proceeds in a private placement of its common stock. In connection with the private placement, Metalico will issue an aggregate of 5,246,000 shares of common stock at a price per share of $7.
The Company intends to use the net proceeds from the offering to fund acquisitions of two scrap metal recycling companies currently under letter of intent and in advanced stages of contract negotiation, and for general corporate purposes. The acquisition targets collectively generated approximately $92 million in revenues in their most recently completed fiscal years.
The aggregate purchase price for the contemplated acquisitions is approximately $63 million plus additional items of consideration to be finalized, including in one case an earnout based on the performance of the purchased assets. The Company plans to finance the remaining portion of the purchase prices with debt to be issued by Metalico's current senior secured lender and under a new term loan facility to be provided by a prominent commercial and industrial lending institution.
No other terms of the pending acquisitions were disclosed.
The Company plans to close the private placement promptly, subject to customary closing conditions. The closing and funding of the private placement is not subject to the consummation of any contemplated acquisition or any other financing.
"This financing will be used to fuel our continued growth, particularly as we expand our geographic footprint and the types of commodity metals we recycle," said Carlos E. Aguero, Metalico's President and Chief Executive Officer.
The shares of common stock have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration under the Securities Act and applicable state securities laws or an applicable exemption from those registration requirements. Metalico has agreed to file a registration statement with the United States Securities and Exchange Commission covering the shares sold in the offering no later than thirty days after the closing, and to use commercially reasonable efforts to have the registration statement declared effective as soon as practicable thereafter. Following this transaction, Metalico will have approximately 31.5 million shares of common stock outstanding.
Canaccord Adams, Inc., acted as placement agent in connection with the offering.
http://biz.yahoo.com/bw/070622/20070622005263.html?.v=1&printer=1
Metalico Secures Private Placement for Anticipated Acquisitions
Friday June 22, 8:45 am ET
CRANFORD, N.J.--(BUSINESS WIRE)--Metalico, Inc. (AMEX: MEA - News), a rapidly growing scrap metal recycler and lead fabricator, today announced it has entered into a definitive purchase agreement with institutional investors to raise $36,722,000 million of gross proceeds in a private placement of its common stock. In connection with the private placement, Metalico will issue an aggregate of 5,246,000 shares of common stock at a price per share of $7.
The Company intends to use the net proceeds from the offering to fund acquisitions of two scrap metal recycling companies currently under letter of intent and in advanced stages of contract negotiation, and for general corporate purposes. The acquisition targets collectively generated approximately $92 million in revenues in their most recently completed fiscal years.
The aggregate purchase price for the contemplated acquisitions is approximately $63 million plus additional items of consideration to be finalized, including in one case an earnout based on the performance of the purchased assets. The Company plans to finance the remaining portion of the purchase prices with debt to be issued by Metalico's current senior secured lender and under a new term loan facility to be provided by a prominent commercial and industrial lending institution.
No other terms of the pending acquisitions were disclosed.
The Company plans to close the private placement promptly, subject to customary closing conditions. The closing and funding of the private placement is not subject to the consummation of any contemplated acquisition or any other financing.
"This financing will be used to fuel our continued growth, particularly as we expand our geographic footprint and the types of commodity metals we recycle," said Carlos E. Aguero, Metalico's President and Chief Executive Officer.
The shares of common stock have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration under the Securities Act and applicable state securities laws or an applicable exemption from those registration requirements. Metalico has agreed to file a registration statement with the United States Securities and Exchange Commission covering the shares sold in the offering no later than thirty days after the closing, and to use commercially reasonable efforts to have the registration statement declared effective as soon as practicable thereafter. Following this transaction, Metalico will have approximately 31.5 million shares of common stock outstanding.
Canaccord Adams, Inc., acted as placement agent in connection with the offering.
This press release will not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
http://biz.yahoo.com/bw/070622/20070622005263.html?.v=1&printer=1
I know. I've been "pushing the envelope" totally unchecked. Who knows what kind of riff-raff will follow you over to my litterbox,lol.
LMAO...Captain America quit his day job?
You know he came direct from the Biergarten!
"Peace through polka" may sound like a quip, but the way Brave Combo can erase musical prejudices and seduce people to like music they thought they wouldn't or didn't, does serve a higher calling. "I do think the acceptance of polka and other dance rhythms can help bring about world peace. If the people of the world can start dancing together, they can learn to respect each other's cultures, too," concludes Finch. "That kind of understanding will give us all a better chance to survive."
Nice sampler here
http://www.brave.com/bo/sounds/
(but not enough 'oompah',imo)
Dude, I know exactly how you feel!
Have no fear...Myron is right here:
The Million-Dollar Waitress
Thursday June 21, 8:08 am ET
By Tim Catts
It's Friday afternoon in the tiny Appalachia town of St. Clairsville, Ohio, and Mary Sue Williams is about to begin her shift as a waitress at Undo's, a spacious Italian restaurant that overlooks Interstate 70. She enjoys taking care of her regulars, she says, and after nine years in her job, she has accumulated plenty of them. Even with dozens of the restaurant's tables empty, she cuts quickly across the floor to the bar to refill an empty water glass. "I'm going to do this until I can't walk," Williams says, insisting that she wouldn't quit for a million dollars.
That conviction may soon be put to the test. Williams could be in line to win the stockpicking contest sponsored by cable channel CNBC, which carries a million-dollar grand prize. According to the last official standings, posted on May 25, she was in sixth place, with a 29% return during the two-week final round. But as BusinessWeek first reported, a handful of top finishers are suspected of exploiting a loophole in CNBC's trading software to inflate their returns (see BusinessWeek.com, 6/7/07, "CNBC's Easy Money"). CNBC later acknowledged the problems and said it will disqualify contestants who violated any of the game's rules. Based on BusinessWeek's analysis of the trading results for the contest's finalists, Williams appears to be the most likely winner.
Mother-in-Law Knows Best
It would be a fairy-tale ending for a contest wrought with drama and controversy. Williams, 46, has been a waitress for 20 years and was a welder before that. She has never bought or sold a real stock in her life. In fact, she says she never even paid much attention to the markets before signing up for the challenge. Yet Williams has already bested thousands of financial professionals who entered the contest with Ivy League degrees and complex trading models. "Part of this was luck," she says. "A lot of it was a gut feeling, some eenie-meenie-minie-moe, and common sense."
A victory for the little guy? Well, yes. But it's also sign of what Paul Auster once called the "music of chance." Picking stocks is about luck as much as strategy. In a field of 375,000 contestants with 1.6 million portfolios, someone has to finish first. Lubos Pastor, a finance professor at the University of Chicago's Graduate School of Business, says that in a contest like CNBC's, with a short time horizon, there's no reason that the pros should have any advantage over novices armed with smart strategies and good fortune. "If you have 1,000 people flip a coin 10 times, one of them is going to get 10 heads in a row," he says.
Williams and her husband, Mark, entered the contest at the urging of his mother. "I watch CNBC all the time and I thought, 'Oh, this might be interesting for them. They might learn something about the stock market.'" says Lauretta Williams, 79, a retired nurse who lives about 10 miles away in Wheeling, W. Va., and does some long-term investing through a Charles Schwab (NasdaqGS:SCHW - News) account she's had since the mid-1990s. Though she and her husband have had a computer with Internet access since their 50th wedding anniversary last year -- their children gave it to them as a gift -- Lauretta says she didn't sign up because she "just didn't want to spend the time with it."
Personal Strategy
Mary Sue Williams lives with her husband and youngest daughter in a two-story house at the end of a brick lane that often serves as a parking lot for students at the town high school across the street. Just up the hill lies Main Street, the Belmont County Courthouse, and downtown. On a recent sunny afternoon, traffic clogged up as a road crew repainted the crosswalk underneath one of the town center's two stoplights. Mark, who holds a degree in archaeology from the University of Arizona, is a cook at a nearby Denny's (NasdaqCM:DENN - News). After entering the CNBC contest, he didn't make it out of the contest's 10-week first round.
His wife followed a straightforward strategy, one suggested to her by her mother-in-law. She typically spent about an hour a day checking the financial Web site Earnings.com for companies that were about to announce their quarterly results. She figured that companies reporting earnings were the most likely to see big moves. To pick specific stocks, she used the Warren Buffett approach: Invest in what you know. "I was looking for companies that had something to do with my life," she says. That led to some of her most memorable picks, among them lubricant manufacturer WD-40 (NasdaqGS:WDFC - News) and Crocs (NasdaqGS:CROX - News), best known for its sandals.
On three consecutive days early in the finals, she picked CommVault Systems (NasdaqGM:CVLT - News), a provider of data management services; Ctrip.com (NasdaqGS:CTRP - News), a travel-services firm; and Focus Media Holding (NasdaqGM:FMCN - News), which runs an advertising network in China. Each saw solid gains, propelling her into second place -- albeit briefly. A string of less-fortuitous picks then dropped her in the standings.
Not Yet a Survivor
If she were to win the $1 million, Williams says she would spend much of it paying for her daughters' education. The older of her two girls, Jenni, is studying nursing at Kent State University in Kent, Ohio, and has at least three more years to go until graduation. Sarah, 13, starts high school in the fall and hopes to someday work with animals, Williams says.
There's no guarantee that Williams will win the contest's grand prize, of course. CNBC, which announced June 15 that it had hired Stanley Sporkin, a former Securities & Exchange Commission enforcement chief and federal judge, as well as computer firms Symantec (NasdaqGS:SYMC - News) and Neohapsis to investigate allegations of wrongdoing, has said it aims to announce a winner by July 8 (see BusinessWeek.com, 6/15/07, "CNBC Calls In a Judge"). But CNBC won't rush its probe to meet that deadline. If one or more of the contestants ahead of her in the final standings are cleared, Williams will remain a runner-up -- and there is no cash prize for anyone but the top finisher.
Whatever happens in the contest, Williams doesn't feel she's particularly lucky. She has applied to appear on the hit CBS (NYSE:CBS - News) reality show Survivor three times and hasn't made the cut yet. If she does win, she certainly won't invest the money, at least not the way she did in the contest. It's far too risky. "There's no way I could have done this if the million dollars were mine," she says.
http://biz.yahoo.com/bizwk/070621/jun2007db20070619372116.html?.v=2&printer=1
Congratulations to Team Infiniti!!!
You guys are a beacon of light on dark and stormy waters.
Thank you for all your efforts.
Good luck and KEEP EM COMING!
You can almost hear "that giant sucking sound"
OK, Who turned off the market?
MEA will be a new add to the Russell Microcap Index,fwiw...
"This is a list of companies which, after applying Russell's objective construction and methodology, will join the Russell Microcap Index at the close of the market June 22. A list of deletions is also available.
Final membership lists for the Russell 3000®, Russell 1000®, Russell 2000®, Russell Midcap® and Russell Microcap will be posted June 25."
http://www.russell.com/indexes/membership/US/Reconstitution/Recon_Microcap_Additions.asp?wt.mc_id=Mi...
HPC...Hercules Jumps on Upbeat Analyst Note
Friday June 15, 2:10 pm ET
Hercules Shares Jump After Deutsche Bank Says It No Longer Deserves to Trade at Discount
NEW YORK (AP) -- Shares of chemical producer Hercules Inc. jumped Friday after a Deutsche Bank analyst said its shares no longer deserve to trade at a discount to competitors'.
The Wilmington, Del.-based company's stock gained 71 cents, or 3.8 percent, to $19.44 in afternoon trading, after earlier climbing as high as $19.69. The shares have ranged between $12 and $21.40 over the past year.
In a research report, analyst David Begleiter wrote that Hercules has resolved all the issues that had driven its shares to trade at a discount to its specialty chemical peers. Among the barriers hurdled, the analyst cited a leveraged balance sheet, underfunded pension, legal liabilities and inconsistent earnings.
With its renewed financial strength, Begleiter said he believes Hercules could announce a small dividend and stock buyback program in the second half of the year.
He reiterated his "Buy" rating on the stock, with a $26 price target, implying upside of nearly 39 percent over its closing price Thursday.
http://biz.yahoo.com/ap/070615/hercules_mover.html?.v=1
JVA...Coffee Hldg...charged up again!
MMMMMM...MEA...she's looking positively divergent!
Must be the pre-Russell effect,lol.(funds in the know) I would think they would PR that on Friday or Monday, but perhaps not as it isn't material and they run real lean on the PRs.
Russell says:
"This is a list of companies which, after applying Russell's objective construction and methodology, will join the Russell Microcap Index at the close of the market June 22. A list of deletions is also available.
Final membership lists for the Russell 3000®, Russell 1000®, Russell 2000®, Russell Midcap® and Russell Microcap will be posted June 25."
http://www.russell.com/indexes/membership/US/Reconstitution/Recon_Microcap_Additions.asp?wt.mc_id=Mi...
LOL, That's not in Delaware!
OMG!I was pumping that months ago...
http://www.investorshub.com/boards/read_msg.asp?Message_id=18102958&txt2find=omg
LOL
Yes, now DLII post 1:1000 RS
(3.00 x 501.00)...No takers yet.
http://www.investorshub.com/boards/read_msg.asp?message_id=20413738
I've got a Chinese biopharm just like that (BPMA) except mine just issued a gazillion new shares and warrants to the previous owners of their new joint venture.
D'oh!
LOL, I think I read that somewhere!
06-15-76 Beacon Theatre, New York, N.Y. (Tue)
1: Promised Land, Sugaree, Cassidy, Candyman, Music Never Stopped, Must Have Been the Roses, Looks Like Rain, Tennessee Jed, Let It Grow> Might As Well
2: St. Stephen> Not Fade Away> Drums> Stella Blue, Samson, Friend of the Devil, Dancin in the Streets> The Wheel> Sugar Magnolia> Scarlet Begonias> Sunshine Daydream
E: Johnny B. Goode
(m3u playlist)
http://www.archive.org/download/gd76-06-15.sbd.kempa.241.sbeok.shnf/gd76-06-15.sbd.kempa.241.sbeok.s....
Set II 06-15-85 Greek Theatre, U. of California, Berkeley, Ca. (Sat)
2: China Cat Sunflower> I Know You Rider> Lost Sailor> Saint of Circumstance> Terrapin Station> Drums> Space> The Wheel> Gimme Some Lovin> Throwing Stones> Not Fade Away
E1: She Belongs To Me
E2: U. S. Blues
http://www.setbreak.com/showplayer.php?showid=75071
http://www.gankmore.com/cc/pictures/
HPC...Hercules...looking strong here.lol...