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I almost posted on WSCI again for the first time in a while before the monster move, but didn't bother as I have beeen saying this is the most undervalued stock (on big boards) for a year. Its ming boggling this stock hasn't garnered attention from a so called "value" Microcap Board.
WSCI is the next RICK IMO.. I see $20 this year. I project WSCI will have earnings of $.20 per quarter going forward. This is based on simple math:
-WSCI IS PROJECTING $10 - $11 MM ENERGY SECTOR SALES FOR 2008. SUBTRACTING THE $1.4 MM ENERGY SECTOR SALES FOR Q1, SIMPLE MATH INDICATES THAT ENERGY SECTOR SALES WILL BE $8.6 MM - $9.6 MM FOR REST OF 2008, OR AROUND $3 MM PER QUARTER. THIS IS MORE THAN DOUBLE THE $1.4 MM ENERGY SECTOR SALES OF Q1.
ASSUMING 20% MARGINS, THE INCREMENTAL ENERGY SALES WILL PROVIDE INCREMENTAL $.10 EPS PER QUARTER, RESULTING IN PROKECTED $.22 PER QUARTER !!
Apply the 25 PE for sector and WSCI can be a $20 stock.
Yes SOLF or even better CSIQ. Mid teens for SOLF not plausible with forward earnings, $20 is as low as it goes.
NASDAQ LO FLOAT MONSTER:
EPG:NASDAQ IS A RENEWABLE ENERGY LAGGARD THAT ROSE 20% TO $6.25 MONDAY BEFORE PULLBACK.
EPG'S proprietary technology converts animal waste to natural gas, a HUGE market opportunity. HERE IS WHY EPG IS SET TO BE THE NEXT RENEWABLE ENERGY MOMO PLAY:
-INSTITUTIONAL OWNERSHIP: SAME FUND THAT HAS BOUGHT ALL THE RENEWABLE ENERGY STOCKS, QUERCUS, OWNS 12% OF EPG.
-SMALL FLOAT: 7.4 MM float with 4.6 MM held by institutions: 2.8 MM "available" float.
-Large Recent insider buying.
-HUGE MARKET: Market potential for EPG's technology is ENORMOUS. Can be used in thousands of cattle plants all across the world.
-LARGE CONTRACTS: EPG IS constructing biogas facility at JBS Swift Meat Processing Plant. JBS SWIFT IS THE LARGEST BEEF PROCESSING COMPANY IN THE WORLD. The two companies have indicated that they are pursuing projects at six other JBS Swift meat processing plants in the USA. EPG has 10 other plants in the works in various states and with high profile partners such as PG&E, Cargill and Joseph Gallo Farms !!
-EFFICIENT PRACTICAL TECHNOLOGY: EPG's technology is LOW COST AND MUCH MORE EFFICIENT AND PRACTICAL THAN INEFFICIENT SOLAR CELLS. EPG technology provides a stable long term source of natural gas production WITH NO RISK.. NO DRY HOLES OR PRODUCTION DECLINES FROM TRADITIONAL NATURAL GAS WELLS.
-TRADING AT A FRACTION OF OTHER RENEWABLE ENERGY PLAYS: EPG has market cap of $55 Million. MOST OTHER SOLAR/ RENEWABLE STOCKS HAVE MARKET CAPS OVER $1 BILLION.
EPG is the last undiscovered renewable energy play, but not for long. ARTICLE:
http://www.seekingalpha.com/article/5996...
Rating :
NASDAQ LO FLOAT MONSTER:
EPG:NASDAQ IS A RENEWABLE ENERGY LAGGARD THAT ROSE 20% TO $6.25 MONDAY BEFORE PULLBACK.
EPG'S proprietary technology converts animal waste to natural gas, a HUGE market opportunity. HERE IS WHY EPG IS SET TO BE THE NEXT RENEWABLE ENERGY MOMO PLAY:
-INSTITUTIONAL OWNERSHIP: SAME FUND THAT HAS BOUGHT ALL THE RENEWABLE ENERGY STOCKS, QUERCUS, OWNS 12% OF EPG.
-SMALL FLOAT: 7.4 MM float with 4.6 MM held by institutions: 2.8 MM "available" float.
-Large Recent insider buying.
-HUGE MARKET: Market potential for EPG's technology is ENORMOUS. Can be used in thousands of cattle plants all across the world.
-LARGE CONTRACTS: EPG IS constructing biogas facility at JBS Swift Meat Processing Plant. JBS SWIFT IS THE LARGEST BEEF PROCESSING COMPANY IN THE WORLD. The two companies have indicated that they are pursuing projects at six other JBS Swift meat processing plants in the USA. EPG has 10 other plants in the works in various states and with high profile partners such as PG&E, Cargill and Joseph Gallo Farms !!
-EFFICIENT PRACTICAL TECHNOLOGY: EPG's technology is LOW COST AND MUCH MORE EFFICIENT AND PRACTICAL THAN INEFFICIENT SOLAR CELLS. EPG technology provides a stable long term source of natural gas production WITH NO RISK.. NO DRY HOLES OR PRODUCTION DECLINES FROM TRADITIONAL NATURAL GAS WELLS.
-TRADING AT A FRACTION OF OTHER RENEWABLE ENERGY PLAYS: EPG has market cap of $55 Million. MOST OTHER SOLAR/ RENEWABLE STOCKS HAVE MARKET CAPS OVER $1 BILLION.
EPG is the last undiscovered renewable energy play, but not for long. ARTICLE:
http://www.seekingalpha.com/article/5996...
Rating :
2.7 MM FLOAT $4.9 RENEWABLE ENERGY STOCK EXPLODING
You have seen what happens recently when the market finds an undiscovered renewable energy stock- AKNS went from $7 to $15, SOLF from $12 to $40 in no time.
EPG:NASDAQ IS A RENEWABLE ENERGY LAGGARD THAT JUST STARTED ITS MOVE FRIDAY. HERE IS WHY EPG IS SET TO BE THE NEXT RENEWABLE ENERGY MOMO PLAY:
-SAME FUND THAT HAS BOUGHT ALL THE RENEWABLE ENERGY STOCKS, QUARECUS, HAS A LARGE POSITION IN EPG.
-7.4 MM float with 4.6 MM held by institutions: 2.8 MM "available" float.
-EPG'S proprietary technology converts animal waste to natural gas for sale, a HUGE market opportunity. First plant now running ($4 MM annual revenue) next plant on line later this year will provide $20 MM annual revenue. EPG will be GAAP profitable when the second plant comes on line.
-EPG's technology is LOW COST AND MUCH MORE EFFICIENT AND PRACTICAL THAN INEFFICIENT SOLAR CELLS. EPG technology provides a stable long term source of natural gas production WITH NO RISK.. NO DRY HOLES OR PRODUCTION DECLINES FROM TRADITIONAL NATURAL GAS WELLS.
-Large Recent insider buying.
-EPG already has partnerships with big players- A long term natural gas supply contract to Pacific Gas and Electric.
-Market potential for EPG's technology is ENORMOUS. Can be used in thousands of cattle plants all across the world.
EPG is the last undiscovered renewable energy play, but not for long.
Rating :
2.7 MM FLOAT $4.9 RENEWABLE ENERGY STOCK EXPLODING
You have seen what happens recently when the market finds an undiscovered renewable energy stock- AKNS went from $7 to $15, SOLF from $12 to $40 in no time.
EPG:NASDAQ IS A RENEWABLE ENERGY LAGGARD THAT JUST STARTED ITS MOVE FRIDAY. HERE IS WHY EPG IS SET TO BE THE NEXT RENEWABLE ENERGY MOMO PLAY:
-SAME FUND THAT HAS BOUGHT ALL THE RENEWABLE ENERGY STOCKS, QUARECUS, HAS A LARGE POSITION IN EPG.
-7.4 MM float with 4.6 MM held by institutions: 2.8 MM "available" float.
-EPG'S proprietary technology converts animal waste to natural gas for sale, a HUGE market opportunity. First plant now running ($4 MM annual revenue) next plant on line later this year will provide $20 MM annual revenue. EPG will be GAAP profitable when the second plant comes on line.
-EPG's technology is LOW COST AND MUCH MORE EFFICIENT AND PRACTICAL THAN INEFFICIENT SOLAR CELLS. EPG technology provides a stable long term source of natural gas production WITH NO RISK.. NO DRY HOLES OR PRODUCTION DECLINES FROM TRADITIONAL NATURAL GAS WELLS.
-Large Recent insider buying.
-EPG already has partnerships with big players- A long term natural gas supply contract to Pacific Gas and Electric.
-Market potential for EPG's technology is ENORMOUS. Can be used in thousands of cattle plants all across the world.
EPG is the last undiscovered renewable energy play, but not for long.
Rating :
Same Gurus who picked COIN now pick EPG 2.8 MM float !!
Renewable energy and fertilizer stocks are the HOTTEST sector- a flight to safety to recession proof stocks. Stockrocket and Superman picked COIN at $4 (npw $8.80) now picking EPG. 7.4 MM float with 4.6 MM held by institutions- 2.8 MM "available" float. Converts animal waste to natural gas for sale- a HUGE market oppotunity Cow methane emissions is the NUMBER ONE CONTRIBUTION to global warming gases in the world!!
http://finance.yahoo.com/q/ks?s=EPG
Rating :
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Same Gurus who picked COIN now pick EPG 2.8 MM float !!
Renewable energy and fertilizer stocks are the HOTTEST sector- a flight to safety to recession proof stocks. Stockrocket and Superman picked COIN at $4 (npw $8.80) now picking EPG. 7.4 MM float with 4.6 MM held by institutions- 2.8 MM "available" float. Converts animal waste to natural gas for sale- a HUGE market oppotunity Cow methane emissions is the NUMBER ONE CONTRIBUTION to global warming gases in the world!!
http://finance.yahoo.com/q/ks?s=EPG
Rating :
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COIN:NASDAQ $5.30 Can be a $100 stock.
COIN has been one of the hottest NASDAQ Momentum stocks but is IMO will be a minimum 10 bagger from here.
COIN:NASDAQ IS A 2.6 MILLION FLOAT, $5.30 NASDAQ STOCK THAT IS PROJECTED TO HAVE ANNUALIZED EARNINGS PER SHARE OF $5.30 WHEN ITS ORGANIC FERTILIZER PLANT STARTING UP IN A FEW MONTHS) REACHES FULL CAPACITY. THE SECTOR PE IS 25. COIN WILL BE THE STOCK OF THE YEAR IN 2008.
ANALYSIS:
COIN Fertilizer:
COIN's organic fertilizer plant will produce all-natural, organic soil amendment or fertilizer product through food waste recycling. The company uses proven, state-of-the-art technologies to create a product that helps grow healthier food and improve environmental quality.
FINANCIAL PROJECTIONS
According to the webcast in the second quarter of 2008 the Woodbridge facility will be converting 250 tons a day. 100 tons brings in $21,000 of revenue, so 250 tons a day provides $52,500 revenue per day. There are approximately 90 days in a quarter so they will have $4,725,000 in revenue per quarter. 40% covers cost of conversion so that leaves them with $2,835,000 in net profit. With 4.23 million shares that means $.67 in earnings per quarter. And that's with one plant at half capacity. The plant at full capacity will convert 500 tons per day which means $1.34 EPS per quarter. What happens when they start opening plants all across the Northeast? What about all across America? That's the potential here!
http://ir.convertedorganics.com/events.cfm
COIN:NASDAQ $5.30 Can be a $100 stock.
Here is why:
COIN:NASDAQ IS A 2.6 MILLION FLOAT, $5.30 NASDAQ STOCK THAT IS PROJECTED TO HAVE ANNUALIZED EARNINGS PER SHARE OF $5.30 WHEN ITS ORGANIC FERTILIZER PLANT STARTING UP IN A FEW MONTHS) REACHES FULL CAPACITY. THE SECTOR PE IS 25. COIN WILL BE THE STOCK OF THE YEAR IN 2008.
ANALYSIS:
COIN Fertilizer:
COIN's organic fertilizer plant will produce all-natural, organic soil amendment or fertilizer product through food waste recycling. The company uses proven, state-of-the-art technologies to create a product that helps grow healthier food and improve environmental quality.
FINANCIAL PROJECTIONS
According to the webcast in the second quarter of 2008 the Woodbridge facility will be converting 250 tons a day. 100 tons brings in $21,000 of revenue, so 250 tons a day provides $52,500 revenue per day. There are approximately 90 days in a quarter so they will have $4,725,000 in revenue per quarter. 40% covers cost of conversion so that leaves them with $2,835,000 in net profit. With 4.23 million shares that means $.67 in earnings per quarter. And that's with one plant at half capacity. The plant at full capacity will convert 500 tons per day which means $1.34 EPS per quarter. What happens when they start opening plants all across the Northeast? What about all across America? That's the potential here!
http://ir.convertedorganics.com/events.cfm
Thanks for the message on this GG- looks interesting
My top NASDAQ January effect pick: 2.7 MM float
EFUT:
1) TINY 2.7 MM float.
2) JANUARY EFFECT: Small float stocks typically explode in January due to the well documented "January Effect".
3)BLOWOUT Q4: EFUT earns 50% of its annual sales in the current quarter, Q4. CEO gave VERY bullish guidance for Q4. EFUT will have a "double whammy"- January effect and Q4 results.
4) VALUATION: Excluding non-cash amortization charges for aquisition, EFUT SHOULD EARN $1 PER SHARE NON-GAAP INCOME FOR 2007. INDUSTRY AVERAGE PE IS 33 BUT EFUT WARRANTS HIGHER MULTIPLE DUE TO ITS GROWTH RATE.
EFUT is the LEADER in its sector in China. IMO a profitable Industry China leader warrants AT LEAST a $100 MM market cap. $40 TARGET.
5) PARTNERHIPS: EFUT IS PARTNERS WITH ALL THE SOFTWATRE GIANTS: IBM MICROSOFT, SAP, ORACLE:
Moreover, e-Future is also one of IBM's premier business partners in Asia Pacific as well as the partner of SAP, Oracle, Microsoft, JDA and Motorola.
6)HOT CHINA SECTOR: China stocks have been RED HOT- stocks like SOLF CSUN have doubled recently- EFUT has all the ingredients to be the next China monster.
Rating :
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Thanks for that q4 recap, although Q4 is irrelevant because Q1 for HAUP ids by far the strongest.
HAUP is the best stock bargain in singe digits on NASDAQ IMO. Find me ONE other NASDAQ stock under $10 with 58% earnings growth, 24% sales growth, a tiny float, and a 12 historical PE. HAUP is essentially RECESSION PROOF with the booming market for Microswoft Vista accessories.
With the small float, the January effect and seasonality (current quarter is by far the strongest for HAUP), I expect HAUP to advance to the $8 range in January and to double digits after February earnings- I agree they should easily earn $.30 in Q1.
I have been loading the boat on HAUP- its my largest holding by far.
HAUP is the best stock bargain in singe digits on NASDAQ IMO. Find me ONE other NASDAQ stock under $10 with 58% earnings growth, 24% sales growth, a tiny float, and a 12 historical PE. HAUP is essentially RECESSION PROOF with the booming market for Microswoft Vista accessories.
With the small float, the January effect and seasonality (current quarter is by far the strongest for HAUP), I expect HAUP to advance to the $8 range in January and to double digits after February earnings- I agree they should easily earn $.30 in Q1.
I have been loading the boat on HAUP- its my largest holding by far.
HAUP: $4.7 + $.49 $12 Target
HAUP is best buy out there fundamentally and from seasinality timing standpoint IMO
-Just reported fully diluted EPS of $.37, 24% sales increase, 58% income increae.
$3 per share working capital.
PE for sector is 24. Fair value = $3 + 24 X .37 = $12.
http://finance.yahoo.com/q/co?s=HAUP
-Tiny 8.3 MM float.
- In a HOT sector supplies products to support Microsoft Vista.
-The current quarter (Q1 2008) if by far HAUP's strongest quarter so HAUP is a seasonal play- last year rosr from $4 to $9 in February.
Rating :
(No ratings)
HAUP: $4.7 + $.49 $12 Target
HAUP is best buy out there fundamentally and from seasinality timing standpoint IMO
-Just reported fully diluted EPS of $.37, 24% sales increase, 58% income increae.
$3 per share working capital.
PE for sector is 24. Fair value = $3 + 24 X .37 = $12.
http://finance.yahoo.com/q/co?s=HAUP
-Tiny 8.3 MM float.
- In a HOT sector supplies products to support Microsoft Vista.
-The current quarter (Q1 2008) if by far HAUP's strongest quarter so HAUP is a seasonal play- last year rosr from $4 to $9 in February.
Rating :
(No ratings)
Dave I wouldn't overanalyze.. EMKR $25 soon.
EMKR CHEAPEST NASDAQ SOLAR 40% Solar Efficiency
Here are the major reasons EMKR is most attractive solar stock to buy:
1) 40% SOLAR CELL EFFICIENCY: EMKR'S Gallium Arsenside solar chips provide 40% + efficiency. Noone else even comes close. SPWR isn't much above 20%, the Chinese module makers are in the teens. FSLR is in single digits.
2) $1 BILLION IN CONTRACTS ANNOUNCED OR PENDING:
-Recently announced Ontario contract will add $200 to $250 million sales over three years.
-Pending Spain agreement is almost three times (150 MW) the size of the Ontario project: POTENTIAL SALES OF $.75 BILLION.
3) PROFITABILITY IN 2008: In December 17 PR, EMKR PROJECTED PROFITABILITY FOR 2008. 2008 annual revenue guidance to be raised over initial indication of $210 - $230 million !!
4) HUGE DISOUNT TO SECTOR: EMKR is trading at a HUGE discount to other solar stocks. EMKR has a market cap of $.75 billion. ALL other solar stocks with 2008 profit expectations trade FOR A MUCH HIGHER MARKET CAP RANGING FROM $1.4 BILLION TO $21.8 BILLION. IF EMKR ACHIEVED THE LOWEST MARKET CAP OF OTHER SOLAR STOCKS IT WOULD BE $28!! HOWEVER WITH EMKR'S BREAKTHROUGH EFFICIENCY A MUCH HIGHER MARKET CAP IS WARRANTED!
Solar stock market cap, Billions:
WFR 21.8
FSLR 21.5
STP 14.8
SPWR 11.4
LDK 5.47
YGE 3.7
JASO 3.5
ENER 1.4
ESLR 1.62
SOLF 1.6
EMKR .75
IMO EMKR will be the solar stock of 2008. It has all the ingredients to make it the most attracvtive solar buy: Market cap at a fraction of other solar stocks and a 40% cell efficiency that blows way competitors.
EMKR CHEAPEST NASDAQ SOLAR 40% Solar Efficiency
Here are the major reasons EMKR is most attractive solar stock to buy:
1) 40% SOLAR CELL EFFICIENCY: EMKR'S Gallium Arsenside solar chips provide 40% + efficiency. Noone else even comes close. SPWR isn't much above 20%, the Chinese module makers are in the teens. FSLR is in single digits.
2) $1 BILLION IN CONTRACTS ANNOUNCED OR PENDING:
-Recently announced Ontario contract will add $200 to $250 million sales over three years.
-Pending Spain agreement is almost three times (150 MW) the size of the Ontario project: POTENTIAL SALES OF $.75 BILLION.
3) PROFITABILITY IN 2008: In December 17 PR, EMKR PROJECTED PROFITABILITY FOR 2008. 2008 annual revenue guidance to be raised over initial indication of $210 - $230 million !!
4) HUGE DISOUNT TO SECTOR: EMKR is trading at a HUGE discount to other solar stocks. EMKR has a market cap of $.75 billion. ALL other solar stocks with 2008 profit expectations trade FOR A MUCH HIGHER MARKET CAP RANGING FROM $1.4 BILLION TO $21.8 BILLION. IF EMKR ACHIEVED THE LOWEST MARKET CAP OF OTHER SOLAR STOCKS IT WOULD BE $28!! HOWEVER WITH EMKR'S BREAKTHROUGH EFFICIENCY A MUCH HIGHER MARKET CAP IS WARRANTED!
Solar stock market cap, Billions:
WFR 21.8
FSLR 21.5
STP 14.8
SPWR 11.4
LDK 5.47
YGE 3.7
JASO 3.5
ENER 1.4
ESLR 1.62
SOLF 1.6
EMKR .75
IMO EMKR will be the solar stock of 2008. It has all the ingredients to make it the most attracvtive solar buy: Market cap at a fraction of other solar stocks and a 40% cell efficiency that blows way competitors.
Like RICK, PTT? Look at PRVT.
You guys are right, sex sells, and PRVT does it- but in a big way- it is now experiencing double digit growth in wireless and Online content!
PRVT was hottest stock in October - doubled to $3.5. CEO has bought HUGE amounts above $3.
http://finance.yahoo.com/charts#chart1:symbol=prvt;range=3m;charttype=line;crosshair=on;logscale=on;source=undefined
From Q3 PR:
Going forward, the Company expects wireless and broadcasting sales to increase significantly given the rapid growth of these platforms and our leadership role in the adult entertainment category, (see comment on the business going forward below).
During the three month period, we realized a gross profit of 3.5 million euro, or 46% of net sales compared to 4.6 million euro, or 60% of net sales for same period last year. The decrease in gross profit was primarily the result of a 1.5 million euro decrease in gross profit from DVD & Magazine sales offset by a 0.4 million euro increase in gross profit from Internet, Broadcasting and Wireless sales. With respect to the decrease in gross profit percentage in relation to net sales, it was the result of higher DVD & Magazine sales volume at lower margins. The Company expects margins on DVD & Magazine sales to return to normal levels already in the fourth quarter of 2007.
The Company reported 0.5 million euro in net income for the three months ended September 30, 2007 compared to 1.0 million euro for the three months ended September 30, 2006.
Commenting on some important factors relating to the business going forward, Private Media Group, Inc., CFO, Johan Gillborg stated: "During the twelve-month period ending June 30, 2007, the European IPTV market experienced a tremendous growth of 231% to 5.0 million IPTV subscribers and based on this number we have currently reached a 74% (3.7 million subscribers) coverage of this market.
"While European broadband users are signing up for IPTV(i) services in the hundreds of thousands each month, making Europe the biggest and fastest growing IPTV region in the world (ii), we have successfully implemented part of our new media strategy and contracted for supplying content for TVOD services (iii) with 23 major platform operators in 11 territories in the region.
"With respect to these new IPTV platforms, it is important to note that our content has only been launched recently on relatively few of them and subsequently we have not seen any impact on our bottom line from this high-margin business yet. However, during Q4/07 and Q1/08 we are building up shelf-space on all platforms and by the end of the first quarter 2008 we will have full exposure of our content on these fast growing IPTV platforms. By the end of 2008 and 2009, the Company expects to have its content available to 7.3 million and 12.0 million European IPTV subscribers, respectively.
"In order to increase growth and profitability in our other types of broadcasting, we have restructured our trademark and content licensing business with respect to the operation and distribution of Private branded TV channels carrying our content in Europe and Latin America. The restructuring included finding new partners in these markets and subsequently we entered into agreements with Playboy TV Latin America and Playboy TV International. During the first nine months of 2007, both partners have expanded their reach for the Private branded TV channels. In particular we have seen significant growth in sales in Europe with the PrivateSpice TV channel. In addition, we recently partnered with New Frontier Media for the exclusive distribution of Private content to the U.S. broadcast market including video-on-demand, pay-per-view, IPTV and television. New Frontier Media's services reach over 139 million network homes and recently it was agreed that our content will soon be available on the first video-on-demand platform in the US to more than six million subscribers via one of the biggest operators. Going forward, the Company expects additional video-on-demand platforms to follow.
"With respect to mobile content, we believe this market is still in its infancy. As of September 2007, Private content was available to over 783 million handsets in 34 countries via 81 operators, of which 21 operators went live during 2007. The markets of Asia and the Americas are currently underexploited and therefore represent a significant growth potential to the Company. Mobile TV, increased penetration of 3G handsets and the implementation of age verification systems offer additional significant growth potential with both current and future operators in 2007 and beyond (iv).
"Furthermore, we recently entered into an exclusive global partnership with Mobile Streams to distribute our premium adult content through their platform for off-portal mobile services. Mobile Streams is a premier global mobile music and media provider and through this partnership we are entering a new dimension of mobile content delivery. The Company believes the user behavior for mobile content will migrate from on-portal to off-portal. The off-portal business will be the principal revenue generator going forward.
"As we are moving further into a world of global digital content delivery, DVD pricing and volume is being affected considerably and as a result the industry in general is experiencing a severe downturn in DVD sales. In view of the aforementioned, during the first quarter of 2007 we started a reorganization of our distribution of DVDs and Magazines. Through this reorganization, we expect to maximize existing sales and over time reduce the revenue impact of this on our overall business." Mr. Gillborg concluded.
Financial Highlights
(In thousands of euro, except per
share amounts) Three months ended
September 30,
2007 2006
Net Sales 7,453 7,772
Net Income 457 978
Weighted average common and common
equivalent shares outstanding:
Basic 53,148,166 53,037,036
Diluted 53,164,670 53,549,826
Earnings per share:
Basic 0.01 0.02
Diluted 0.01 0.02
NOTES TO THE EDITOR:
Footnotes
i IPTV - Internet Protocol Television - A system where a digital
television service is delivered using packets over a network
infrastructure. For residential users, IPTV is often provided in
conjunction with Video on Demand and may be bundled with Internet
services such as Internet access and VoIP. Despite its name, IPTV
typically does not come to consumers over the Internet, but over
carrier owned fiber optic, or coaxial cables to a TV-Set. IPTV is
provided by Internet service providers, telephone operators and cable
TV companies.
ii According to Global IPTV Forecasts made by MRG (Multimedia Research
Group, Inc.), the number of global IPTV subscribers is estimated to
grow from 13.5 million in 2007 to 72.6 million in 2011. Europe
continues to be the biggest market for IPTV, with France
significantly leading the growth projections through its principal
telcos. The number of IPTV subscribers in Europe is forecasted to
grow from approximately 6.4 million end of 2007 to 30.4 million in
2011, a compound annual growth rate of 48 percent.
iii True Video On Demand - (TVOD) - TVOD is the ideal VOD service where
individual users get immediate responses when interacting with the
VOD system. With TVOD, the user can not only get instant access to
the program online and watch it on TV, but also be able to do any VCR
or DVD-like commands on the VOD system with the same quick response
time as it is when working a VCR or DVD.
iv Juniper Research estimates in its white paper Adult to Mobile:
Personal Services -- Third Edition (September 2006) that the global
mobile adult content market will more than double over the next five
years, to nearly US $3.3 billion by 2011.
About Private Media Group
With its 40 year track record, NASDAQ listed Private Media Group is a brand-driven world leader in proprietary content delivery in its genre and distributes premium quality content globally via a wide range of platforms including; more than 783 million mobile telephone handsets, broadband Internet, television broadcasting, DVDs and Magazines. Private Media Group owns the worldwide rights to its extensive archive of top-quality content, and also licenses its Private and "Silver Girls" trademarks internationally for a range of luxury consumer products.
Disclaimer
This release contains, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company's current judgments of those issues. However, because those statements are forward-looking and apply to future events, they are subject to such risks and uncertainties, which could lead to results materially different than anticipated by the Company.
For further information please contact:
Johan Gillborg
Chief Financial Officer
Private Media Group
Tel +34 93 590 70 70
johan.gillborg@private.com
PFSW:NASDAQ $1.35 10 bagger?
I have posted on PFSW before- the cheapest profitable Internet stock. I have said before, that PFSW operates a PROFITABLE Internet site Ecost, that it aquired in 2005. Ecost at one time had a market cap of $2 Billion. PFSW has turned Ecost around again with a number of innovations.
PFSW has a $50 MM market cap now. A competitor to Ecost, OSTK has a market cap in the Billions and is losing money.
I think PFSW could be the next RICK.
DD:
UPDATED DD With over $400 million in sales and a Price/Sales ratio of 0.13, PFSW:NASDAQ ($1.31) IS THE MOST UNDERVALUED INTERNET STOCK BY EVERY MEASURE.
PFSW has all the ingredients to appreciate 500% from current levels:
1)HUGE DISCOUNT TO SECTOR: Trades at HUGE discount to other Internet stocks. PFSW has a Price/Sales ratio of 0.34 compared to an Industry average of 1.76.
2) Analyst RAISED PFSW PRICE TARGET TO $3.50.
3) VALUATION: IF PFSW ACHIEVES "TYPICAL" VALUATION OF 12 X EBITDA IT WILL BE A $4 STOCK.
PFSW earned $3.4 MM EBITDA last quarter before one time charges and should conservatively earn $15 MM annually EBITDA going forward.
4) ECOST TURNING AROUND TO PROFITABILITY: ECOST was a $20 stock prior to being aquired by PFSW !! ECOST margins and sales are improving dramatically and should be PROFITABLE next quarter.
5) PROFITABILITY: PFSW is now profitable and will post very large profits in Q4 2007, which is by far its STRONGEST quarter.
6) EACH of PFSW 2 divisions, Business-Ecommerce consulting and its ECOST online subsidiary, are worth more than PFSW current $60 MM market cap. Prior to being aquired by PFSW ECOST HAD A $300 MILLION MARKET CAP AT ONE POINT!!
7) PFSW's bottom line results will show SUBSTANTIAL improvement going forward- PFSW cost base will be SUBSTANTIALLY lower going forward as it has slashed overhead and competete the integration of its ECOST aquisition.
8) Insiders have purchased Over 170,000 shares in last year.
9) Expanded call center capacity by 50% to handle call growth.
PFSW has now turned the corner to sustained profitability and exponential growth by leveraging the power of the Internet. Internet stocks that have achieved sustained positive cash flow and earnings have been the hottest sector (ASKJ:NASDAQ rose from $1 to $55 after attaining positive cash flow in 2002).
PFSW won't be a secret much longer. PFSW has all the ingredients for rapid price appreciation: An internet stock that has turned the corner to sustained positive cash flow.
PFSW:NASDAQ $1.35 10 bagger?
I have posted on PFSW before- the cheapest profitable Internet stock. I have said before, that PFSW operates a PROFITABLE Internet site Ecost, that it aquired in 2005. Ecost at one time had a market cap of $2 Billion. PFSW has turned Ecost around again with a number of innovations.
PFSW has a $50 MM market cap now. A competitor to Ecost, OSTK has a market cap in the Billions and is losing money.
I think PFSW could be the next RICK.
DD:
UPDATED DD With over $400 million in sales and a Price/Sales ratio of 0.13, PFSW:NASDAQ ($1.31) IS THE MOST UNDERVALUED INTERNET STOCK BY EVERY MEASURE.
PFSW has all the ingredients to appreciate 500% from current levels:
1)HUGE DISCOUNT TO SECTOR: Trades at HUGE discount to other Internet stocks. PFSW has a Price/Sales ratio of 0.34 compared to an Industry average of 1.76.
2) Analyst RAISED PFSW PRICE TARGET TO $3.50.
3) VALUATION: IF PFSW ACHIEVES "TYPICAL" VALUATION OF 12 X EBITDA IT WILL BE A $4 STOCK.
PFSW earned $3.4 MM EBITDA last quarter before one time charges and should conservatively earn $15 MM annually EBITDA going forward.
4) ECOST TURNING AROUND TO PROFITABILITY: ECOST was a $20 stock prior to being aquired by PFSW !! ECOST margins and sales are improving dramatically and should be PROFITABLE next quarter.
5) PROFITABILITY: PFSW is now profitable and will post very large profits in Q4 2007, which is by far its STRONGEST quarter.
6) EACH of PFSW 2 divisions, Business-Ecommerce consulting and its ECOST online subsidiary, are worth more than PFSW current $60 MM market cap. Prior to being aquired by PFSW ECOST HAD A $300 MILLION MARKET CAP AT ONE POINT!!
7) PFSW's bottom line results will show SUBSTANTIAL improvement going forward- PFSW cost base will be SUBSTANTIALLY lower going forward as it has slashed overhead and competete the integration of its ECOST aquisition.
8) Insiders have purchased Over 170,000 shares in last year.
9) Expanded call center capacity by 50% to handle call growth.
PFSW has now turned the corner to sustained profitability and exponential growth by leveraging the power of the Internet. Internet stocks that have achieved sustained positive cash flow and earnings have been the hottest sector (ASKJ:NASDAQ rose from $1 to $55 after attaining positive cash flow in 2002).
PFSW won't be a secret much longer. PFSW has all the ingredients for rapid price appreciation: An internet stock that has turned the corner to sustained positive cash flow.
MGPI exploding ETHANOL laggard $9 $25 52 week hi
Following PEIX
MGPI exploding ETHANOL laggard $9 $25 52 week hi
Following PEIX
In EFUT here. 2.7 MM float China sofware stock- alliance with IBM in China. Just reported $.22 Non GAAP EPS for first 9 months, but the kicker is Q4 is theor strongest - will earn about $5 MM sales- same as first 3 Q's combined.
EFUT has 5 / share cash, and other software stoclks trade at 30 PE without EFUT's Huge China growth- EFUT should earn $.75 non GAAP EPS for year.
In EFUT here. 2.7 MM float China sofware stock- alliance with IBM in China. Just reported $.22 Non GAAP EPS for first 9 months, but the kicker is Q4 is theor strongest - will earn about $5 MM sales- same as first 3 Q's combined.
EFUT has 5 / share cash, and other software stoclks trade at 30 PE without EFUT's Huge China growth- EFUT should earn $.75 non GAAP EPS for year.
KONG Best China play $5.5 $3.5 / share cash profitable
KONG is a China provider of wireless information and services a huge growth market.
-KONG has $3.5 per share cash. Back out the cash, KONG NON –CASH ASSETS ARE TRADING FOR $2.2 PER SHARE, AN INSANE PRICE FOR A PROFITABLE CHINA WIRELESS STOCK.
-The Top U.S. Hedge Fund, Renaissance, has a stake in KONG. Renaissance is so successful it requires a $10 Million Mininum investment.
http://finance.yahoo.com/q/mh?s=KONG
-The main reason KONG went down from $10 is growth stopped. KONG is back on the growth path. Sales are forecast to increase to $17.5 MM - $18.5 MM range next quarter. The CEO is VERY Bullish about 2008 growth as outlined in Conference:
http://messages.finance.yahoo.com/Stocks...
-CHINA OLYMPICS: KONG has signed a cooperation agreement with China Interactive Sports, the operator of www.Sports.cn , www.Olympic.cn and www.Sport.org.cn , to build and operate the 2008 Beijing Olympics channel of Kong.net.
KONG has been getting lots of exposure as a great buy:
http://www.thestreet.com/_yahoo/newsanalysis/stockpickr/10394181.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
http://www.fool.com/investing/general/2007/12/13/fool-video-netflix-buffett-and-5-stocks-for-skepti.aspx
IMO KONG will not remain a this level of undervaluation for long.. Enjoy the ride.
KONG Best China play $5.5 $3.5 / share cash profitable
KONG is a China provider of wireless information and services a huge growth market.
-KONG has $3.5 per share cash. Back out the cash, KONG NON –CASH ASSETS ARE TRADING FOR $2.2 PER SHARE, AN INSANE PRICE FOR A PROFITABLE CHINA WIRELESS STOCK.
-The Top U.S. Hedge Fund, Renaissance, has a stake in KONG. Renaissance is so successful it requires a $10 Million Mininum investment.
http://finance.yahoo.com/q/mh?s=KONG
-The main reason KONG went down from $10 is growth stopped. KONG is back on the growth path. Sales are forecast to increase to $17.5 MM - $18.5 MM range next quarter. The CEO is VERY Bullish about 2008 growth as outlined in Conference:
http://messages.finance.yahoo.com/Stocks...
-CHINA OLYMPICS: KONG has signed a cooperation agreement with China Interactive Sports, the operator of www.Sports.cn , www.Olympic.cn and www.Sport.org.cn , to build and operate the 2008 Beijing Olympics channel of Kong.net.
KONG has been getting lots of exposure as a great buy:
http://www.thestreet.com/_yahoo/newsanalysis/stockpickr/10394181.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
http://www.fool.com/investing/general/2007/12/13/fool-video-netflix-buffett-and-5-stocks-for-skepti.aspx
IMO KONG will not remain a this level of undervaluation for long.. Enjoy the ride.
Motley Fool just mentioned SVA: "Approachung greatness" !
In SVA here. Incredibly cheap China drug stock. Sales growing 141% and they added capacity in October- this and seasonality should give BLOWOUT Q4. Earned $.05 last quarter but with new capacity they should have $.30 EPS annual run rate- most drug stocks trade at minimum 35 PE.
http://biz.yahoo.com/prnews/071211/cntu016.html?.v=38
In SVA here. Incredibly cheap China drug stock. Sales growing 141% and they added capacity in October- this and seasonality should give BLOWOUT Q4. Earned $.05 last quarter but with new capacity they should have $.30 EPS annual run rate- most drug stocks trade at minimum 35 PE.
http://biz.yahoo.com/prnews/071211/cntu016.html?.v=38
SORC:NASDAQ NO brainer $3.45 $.24 EPS last quarter
SORC is a No brainer. Non GAAP EPS of $.24 last quarter (this excludes stock option cost and no cash charges). Earnings will continue to improve as they integrate a recent aquisition. True, GAAP earnings were negative but only because of large stock compensation expense- Non - GAAP gives better picture of cash generating power and market is reacting. I have $8 target.
http://biz.yahoo.com/prnews/071206/nyth106.html?.v=101
FBTX weeeeeee
will look at it off to christmas shop!
RATE CUT: Best Subprime MOMO Play:
FBTX is a mirror image of RAS: Both have NO Sub Prime exposure and were dragged down for no reason, and both have HUGE Insider buying. FBTX recently confirmed it still epxects earnings of $.34 - $.36 in Q4. $21 52 week high.
RAS went from $4.82 low back to $10.80 yesterday and FBTX is following suit.. $5.11 but $10 soon. Buying quality regional banks with no subprime exposure that were dragged down unfairly in the subprime debacle is a license to print money.
The way I have played the financial sector is buying the ones with MASSIVE insider buys like RAS and FBTX. Again FBTX soen't have a dime of subprime exposure.
5-Dec-07 RANIERI LEWIS S
Director 12,300 Direct Purchase at $4.04 - $4.17 per share. $50,0002
4-Dec-07 RANIERI LEWIS S
Director 12,500 Direct Purchase at $4.02 - $4.07 per share. $51,0002
3-Dec-07 RANIERI LEWIS S
Director 12,300 Direct Purchase at $4.08 - $4.1 per share. $50,0002
30-Nov-07 SELMAN JOHN B
Director 900 Direct Purchase at $14.28 - $14.3 per share. $13,0002
30-Nov-07 RANIERI LEWIS S
Director 22,700 Direct Purchase at $4.40 - $4.4 per share. $100,0002
28-Nov-07 SELMAN JOHN B
Director 2,000 Direct Purchase at $14.94 - $15 per share. $30,0002
28-Nov-07 SELMAN JOHN B
Director 10,000 Direct Sale at $4.29 - $4.3 per share. $43,0002
27-Nov-07 PERRO ROBERT A
Director 10,000 Direct Purchase at $4.20 - $4.2 per share. $42,0002
27-Nov-07 GOLUSH DAVID M
Director 6,000 Direct Purchase at $4.29 - $14.3 per share. N/A
27-Nov-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $4.18 - $4.18 per share. $4,1802
2-Nov-07 MASTER ALAN E
Director 300 Direct Purchase at $6.80 - $6.8 per share. $2,0402
1-Nov-07 DAVITT MICHAEL
Other 2,500 Direct Purchase at $7.66 - $7.66 per share. $19,0002
1-Nov-07 MASTER ALAN E
Director 300 Direct Purchase at $7.30 - $7.3 per share. $2,1902
1-Nov-07 CHIMERINE LAWRENCE
Director 10,000 Direct Purchase at $7.33 - $7.41 per share. $74,0002
1-Nov-07 SELMAN JOHN B
Director 500 Direct Purchase at $21 - $21 per share. $11,0002
23-Aug-07 RANIERI LEWIS S
Director 5,100 Direct Purchase at $9.69 - $9.7 per share. $49,0002
22-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $9.70 - $9.7 per share. $9,7002
21-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $9.82 - $9.82 per share. $9,8202
20-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $9.70 - $9.7 per share. $9,7002
17-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $9.57 - $9.57 per share. $9,5702
17-Aug-07 RANIERI LEWIS S
Director 5,100 Direct Purchase at $9.45 - $9.58 per share. $49,0002
16-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $9.35 - $9.35 per share. $9,3502
15-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $8.90 - $8.9 per share. $8,9002
15-Aug-07 RANIERI LEWIS S
Director 5,600 Direct Purchase at $8.92 - $8.94 per share. $50,0002
14-Aug-07 KELLEY LEE
Other 3,400 Direct Purchase at $9 - $9 per share. $31,0002
14-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $8.94 - $8.94 per share. $8,9402
14-Aug-07 RANIERI LEWIS S
Director 11,100 Direct Purchase at $8.91 - $8.94 per share. $99,0002
14-Aug-07 RHODES WILLIAM B
Director 27,600 Direct Purchase at $9 - $9 per share. $248,0002
13-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $9.41 - $9.41 per share. $9,4102
10-Aug-07 MCCANN JAMES RUSSELL
Officer 300 Direct Purchase at $8.65 - $8.65 per share. $2,5952
10-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $9.40 - $9.4 per share. $9,4002
9-Aug-07 MCCANN JAMES RUSSELL
Officer 300 Direct Purchase at $7.87 - $7.87 per share. $2,3612
9-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $8.09 - $8.09 per share. $8,0902
8-Aug-07 MCCANN JAMES RUSSELL
Officer 300 Direct Purchase at $8.29 - $8.29 per share. $2,4862
8-Aug-07 GOLUSH DAVID M
Director 811 Direct Purchase at $8.28 - $8.28 per share. $6,7152
8-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $8 - $8 per share. $8,0002
8-Aug-07 RANIERI LEWIS S
Director 18,200 Direct Purchase at $7.90 - $8.26 per share. $147,0002
7-Aug-07 MEALEY GLENN E
Other 1,000 Direct Purchase at $8.34 - $8.35 per share. $8,3442
7-Aug-07 MCCANN JAMES RUSSELL
Officer 300 Direct Purchase at $8.17 - $8.17 per share. $2,4512
7-Aug-07 PERRO ROBERT A
Director 10,000 Direct Purchase at $8.04 - $8.09 per share. $81,0002
7-Aug-07 NOCELLA ANTHONY J
Officer
7-
FBTX MASSIVE Insider buying:
the way I have played the financial sector is buying the ones with MASSIVE insider buys like RAS and FBTX. Again FBTX soen't have a dime of subprime exposure.
5-Dec-07 RANIERI LEWIS S
Director 12,300 Direct Purchase at $4.04 - $4.17 per share. $50,0002
4-Dec-07 RANIERI LEWIS S
Director 12,500 Direct Purchase at $4.02 - $4.07 per share. $51,0002
3-Dec-07 RANIERI LEWIS S
Director 12,300 Direct Purchase at $4.08 - $4.1 per share. $50,0002
30-Nov-07 SELMAN JOHN B
Director 900 Direct Purchase at $14.28 - $14.3 per share. $13,0002
30-Nov-07 RANIERI LEWIS S
Director 22,700 Direct Purchase at $4.40 - $4.4 per share. $100,0002
28-Nov-07 SELMAN JOHN B
Director 2,000 Direct Purchase at $14.94 - $15 per share. $30,0002
28-Nov-07 SELMAN JOHN B
Director 10,000 Direct Sale at $4.29 - $4.3 per share. $43,0002
27-Nov-07 PERRO ROBERT A
Director 10,000 Direct Purchase at $4.20 - $4.2 per share. $42,0002
27-Nov-07 GOLUSH DAVID M
Director 6,000 Direct Purchase at $4.29 - $14.3 per share. N/A
27-Nov-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $4.18 - $4.18 per share. $4,1802
2-Nov-07 MASTER ALAN E
Director 300 Direct Purchase at $6.80 - $6.8 per share. $2,0402
1-Nov-07 DAVITT MICHAEL
Other 2,500 Direct Purchase at $7.66 - $7.66 per share. $19,0002
1-Nov-07 MASTER ALAN E
Director 300 Direct Purchase at $7.30 - $7.3 per share. $2,1902
1-Nov-07 CHIMERINE LAWRENCE
Director 10,000 Direct Purchase at $7.33 - $7.41 per share. $74,0002
1-Nov-07 SELMAN JOHN B
Director 500 Direct Purchase at $21 - $21 per share. $11,0002
23-Aug-07 RANIERI LEWIS S
Director 5,100 Direct Purchase at $9.69 - $9.7 per share. $49,0002
22-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $9.70 - $9.7 per share. $9,7002
21-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $9.82 - $9.82 per share. $9,8202
20-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $9.70 - $9.7 per share. $9,7002
17-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $9.57 - $9.57 per share. $9,5702
17-Aug-07 RANIERI LEWIS S
Director 5,100 Direct Purchase at $9.45 - $9.58 per share. $49,0002
16-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $9.35 - $9.35 per share. $9,3502
15-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $8.90 - $8.9 per share. $8,9002
15-Aug-07 RANIERI LEWIS S
Director 5,600 Direct Purchase at $8.92 - $8.94 per share. $50,0002
14-Aug-07 KELLEY LEE
Other 3,400 Direct Purchase at $9 - $9 per share. $31,0002
14-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $8.94 - $8.94 per share. $8,9402
14-Aug-07 RANIERI LEWIS S
Director 11,100 Direct Purchase at $8.91 - $8.94 per share. $99,0002
14-Aug-07 RHODES WILLIAM B
Director 27,600 Direct Purchase at $9 - $9 per share. $248,0002
13-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $9.41 - $9.41 per share. $9,4102
10-Aug-07 MCCANN JAMES RUSSELL
Officer 300 Direct Purchase at $8.65 - $8.65 per share. $2,5952
10-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $9.40 - $9.4 per share. $9,4002
9-Aug-07 MCCANN JAMES RUSSELL
Officer 300 Direct Purchase at $7.87 - $7.87 per share. $2,3612
9-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $8.09 - $8.09 per share. $8,0902
8-Aug-07 MCCANN JAMES RUSSELL
Officer 300 Direct Purchase at $8.29 - $8.29 per share. $2,4862
8-Aug-07 GOLUSH DAVID M
Director 811 Direct Purchase at $8.28 - $8.28 per share. $6,7152
8-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $8 - $8 per share. $8,0002
8-Aug-07 RANIERI LEWIS S
Director 18,200 Direct Purchase at $7.90 - $8.26 per share. $147,0002
7-Aug-07 MEALEY GLENN E
Other 1,000 Direct Purchase at $8.34 - $8.35 per share. $8,3442
7-Aug-07 MCCANN JAMES RUSSELL
Officer 300 Direct Purchase at $8.17 - $8.17 per share. $2,4512
7-Aug-07 PERRO ROBERT A
Director 10,000 Direct Purchase at $8.04 - $8.09 per share. $81,0002
7-Aug-07 NOCELLA ANTHONY J
Officer 1,000 Direct Purchase at $8.16 - $8.16 per share. $8,1602
7-
FBTX is going to skyrocket with rate cut, so watching isn't the strategy, either buy at the open or look forget it and buy something else.
RATE CUT: Best Subprime MOMO Play:
FBTX is a mirror image of RAS: Both have NO Sub Prime exposure and were dragged down for no reason, and both have HUGE Insider buying. FBTX recently confirmed it still epxects earnings of $.34 - $.36 in Q4. $21 52 week high.
RAS went from $4.82 low back to $10.80 yesterday and FBTX is following suit.. $5.11 but $10 soon. Buying quality regional banks with no subprime exposure that were dragged down unfairly in the subprime debacle is a license to print money.
RATE CUT: Best Subprime MOMO Play:
FBTX is a mirror image of RAS: Both have NO Sub Prime exposure and were dragged down for no reason, and both have HUGE Insider buying. FBTX recently confirmed it still epxects earnings of $.34 - $.36 in Q4. $21 52 week high.
RAS went from $4.82 low back to $10.80 yesterday and FBTX is following suit.. $5.11 but $10 soon. Buying quality regional banks with no subprime exposure that were dragged down unfairly in the subprime debacle is a license to print money.