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I use Fidelity and was able to buy with no problem. Fidelity let's you trade pink sheets once you call them to unlock that feature in your account. They just give you a disclaimer regarding the risks of penny stocks and once you agree it's unlocked for good. Now I can trade pink sheets and pretty much anything.
Nothing but buys today with excellent volume. Should be back to dollar land shortly! IMO
I definitely agree with you. It seems they are getting PURE primed for an acquisition. If you look at the Services Agreement with PILLAR included in the 8-K you will see that PILLAR will be compensated for services related to consummation of any transaction involving an acquisition, merger, combination, or similar transaction of or with another company. Look at Section 7(e) of the Services Agreement. I think this is great news! IMO
What are your thoughts on this huge increase in volume over the last several days? I've been researching and haven't found any Pump & Dump type action on this stock so it doesn't appear to be false hype.
At these large blocks on the Bid it looks like it might be large institutional investors, small-cap type funds, insiders purchasing or someone trying to buy a controlling interest in the company via the very low outstanding share price. If so, their gradual buildup of their position will continue to push the price up.
Hard to believe this much volume is just from individual investors. This seems to be more than just short-term hype. Things are definitely getting interesting here! This could be one of the biggest gainers of the year! IMO
PURE was trading at $3.57 less than a year ago. Imagine if we got back to its original price of $3.57 or above. That would be 400% - 500% above current prices, possibly even more! Unbelievable potential!! Especially with all the recent management changes that should finally turn this company around! IMO
I'm definitely staying long on this potential multi-bagger! Go PURE!!!
Respectfully, I think it is you and not I that should catch up on PURE. Dave is chairman and Peter Wulff, the CFO you said resigned, is back as CFO.
See the link below:
http://money.msn.com/business-news/article.aspx?feed=MW&Date=20130813&ID=16804817&industry=IND_CHEMICALS&isub=
Sorry for the late response, just saw this message. The following are my thoughts on why PURE has such upside potential:
- Zacks has a price target of $1.25, which still leaves a potential upside of 79% based on today’s closing price of $0.70.
- PURE announced a new product offering through Office Depot earlier in the year available to corporate and government customers, which I think should have a significant impact on revenues going forward.
- During Q3 2013 announced field testing of PURE disinfectants with two major restaurant chains with thousands of locations worldwide.
- During Q3 2013 announced completion of product testing with major meat and poultry food processor and ongoing evaluations with several hospitals.
- Added Dave Pfanzelter, food industry leader, to the company’s board and subsequent appointment to chairman.
- During Q3 2013 sales increased by 25% and operating expenses decreased by 10%.
- Recently shipped an opening order to a new European distributor, TICE, to increase international sales.
- The company intends to submit a GRAS (Generally Recognized As Safe) request from the FDA to expand their existing GRAS (for facilities, equipment, machinery, utensils, etc.) for direct use on produce and meats.
- The following are Management’s comments from Q3 2013, which seem very optimistic to say the least: “During the quarter, we significantly cut costs and streamlined our operations to improve our bottom line, while making progress with key sales opportunities that should position us for sustainable growth… We are seeing progress with all of our target customer groups and remain optimistic that our marketing, education, evaluation and field testing programs could convert to meaningful sales in the second half of calendar 2013.”
In my opinion, all of these growth factors should result in significant upside and as volume increases, which has been the case recently, more and more investors will become aware of this potential multi-bagger investment. These are just my thoughts and opinions. Obviously you should perform your own due diligence to make your own determination on whether or not you should invest in PURE.
This stock is so undervalued I wouldn't be shocked to see it go back into dollar land! IMO
Looks like PURE is starting to take off!!!
Nice increase in volume! Looks like PURE is starting to get noticed.
Hoping this run takes us back to dollar land where it belongs!
Nice Q2 results!!
Looks like SIMO had a great quarter with a nice EPS beat to boot!
I expect this stock to start a run back up to its historical highs! IMO
http://finance.yahoo.com/news/silicon-motion-announces-results-period-220000671.html
Analyst have a high target of $6.00!
Yahoo Finance is showing a mean strong buy recommendation with analyst price targets as high as $6.00 with a mean of $4.63.
http://finance.yahoo.com/q/ao?s=hdsn&ql=1
HDSN Price Target of $4.50 - $5.00!
Excellent article on Seeking Alpha discussing HDSN's huge upside potential. SA is currently projecting a $4.50 - $5.00 price target. Article below:
Hudson Technologies: Imminent Catalysts Could Lead To 100% Upside In 12 Months
http://seekingalpha.com/article/1579442-hudson-technologies-imminent-catalysts-could-lead-to-100-upside-in-12-months?source=feed
100% Upside In 12 Months
Recent analysis is showing that imminent catalysts could lead to 100% upside for HDSN!
http://www.techinvestornews.com/Tech-News/Financial-Bloggers/hudson-technologies-imminent-catalysts-could-lead-to-100-upside-in-12-month
Israel's Golan Telecom in Possible Takeover Move on Cellcom
Published on: 29th Jul 2013
The two majority shareholders in Israeli telecoms operator, Golan Telecom are reported to have received an approach to buy the rival mobile network, Cellcom Israel.
Citing sources familiar with the matter, Globes reported that Cellcom's controlling shareholder, the financially troubled IDB Holding has put its stake up for sale.
The company has denied this, but Globes says that it has other sources confirming that a sale is being discussed.
All the Israeli networks have suffered from increased competition and a hostile regulatory regime in recent years, and consolidation has been expected between a couple of the networks.
Cellcom is the country's largest mobile network, while Golan Telecom is a low-cost new entrant to the market that secured its license in 2011.
http://www.cellular-news.com/story/61239.php
Wow!! What a quarter!! I'm definitely holding my shares. This should trigger a huge short squeeze!! IMO
Carl Icahn Is Squeezing Bill Ackman To Death With Herbalife Trade
Last week, billionaire investor Carl Icahn sat on a stage at New York’s Pierre Hotel and was feeling so good about his bet on Herbalife that he almost sounded magnanimous towards his biggest Wall Street rival, the billionaire hedge fund manager William Ackman. “I like Ackman,” Icahn said. “Anybody that makes me a quarter million dollars I like.”
During his talk, televised on CNBC, Icahn carefully explained his approach to investing this year in Herbalife, the controversial nutritional supplements seller that Ackman has been vocally shorting in a massive way. Icahn and Ackman, of course, don’t like each at all, but their big duel over Herbalife has turned into a one-sided affair so far in 2013.
Shares of Herbalife surged higher on Monday, rising by more than 6% to $59.39. The stock is now up 78% in 2013 and has increased to its highest level since David Einhorn, another prominent billionaire hedge fund manager, first questioned Herbalife’s business model on one of the company’s conference calls more than one year ago. There has been no news from the company in recent days as the stock has exploded, rising more than 20% in the last six trading days, suggesting the trading in the stock is perhaps being driven by increasing skepticism about the big short thesis on Herbalife.
During the epic verbal battle between Icahn and Ackman that was televised on CNBC in January, Icahn predicted that Ackman’s Herbalife investment could produce the “mother of all short squeezes.” Shortly after that incident, it became clear that Icahn had taken a big position in Herbalife’s stock. He has since expanded that position, bought 16.5% of the outstanding shares and gotten two representatives on Herbalife’s board. Last week Icahn suggested that the “daughter” of all short squeezes had already begun in Herbalife’s stock.
Semantics aside, the new is very bad for Ackman and investors in his Pershing Square hedge fund. In December, Ackman said he was short more than 20 million shares of Herbalife, betting some $1 billion they would decline in value. Even before the recent price action, the dramatic move this year of Herbalife’s stock in the opposite direction had hurt Ackman’s overall investment returns in 2013. Now those returns will have to overcome the sizzling summer in Herbalife’s stock.
http://www.forbes.com/sites/nathanvardi/2013/07/22/carl-icahn-is-squeezing-bill-ackman-to-death-with-herbalife-trade/?partner=yahootix
I agree. This is a major play for me (been buying on the steady climb). I expect we will see $70 plus in the short-term and even higher in the long-term. Easy 50% plus gainer!
Carl Icahn calls HLF the "daughter of all short squeezes"!
HLF
24 minutes ago In his presentation at Delivering Alpha, Carl Icahn calls Herbalife (HLF) the 'daughter of all short squeezes," saying he hasn't sold a single share. Shares +0.8% AH.
http://m.seekingalpha.com/currents/post/1144002
I agree. A major short squeeze can easily push this past $70.
Herbalife Shares Surge And Close At New 2013 High
Great article in Forbes that sums it all up:
http://www.forbes.com/sites/nathanvardi/2013/07/15/herbalife-shares-surge-and-close-at-new-2013-high/?partner=yahootix
DA Davidson reiterates a $78 price target and Buy rating on the shares.
Herbalife (NYSE:HLF): DA Davidson believes that in the wake of The New York Post reporting that consumer groups would meet with Federal Trade Commission officials on Monday to demand an FTC investigation, the company will be probed but that it will reach a deal with the agency that will be very favorable for the stock. The firm reiterates a $78 price target and Buy rating on the shares.
http://wallstcheatsheet.com/stocks/analysts-navistar-agreement-will-prevent-proxy-fight-and-3-more-research-notes-to-browse.html/3/
NIHD tower sales will generate gross proceeds of approximately $1 billion!
NII Holdings might sell other assets in Argentina and Chile, analysts say.
"New CEO Steve Shindler and CFO Juan Figueroa are re-establishing credibility with the Street," Macquarie Capital analyst Kevin Smithen said in a research note. "While this process is going to take many quarters and will need to include operational and financial improvements in Mexico and Brazil, today's announcement was the first bit of good news out of NIHD in over a year."
NII's U.S. shares have plunged 71% in the past 12 months, even with its big jump in the stock market today.
James Breen, an analyst at William Blair & Co., said in a report that the Peru sale "should help minimize some of the company's overall cash burn ... . With capital expenditures trending down, we believe this puts the company in position to generate free cash flow at the end of 2014."
Stifel Nicolaus analyst Christopher King also sees a stronger balance sheet.
"The company now has cash on hand (assuming the Nextel Peru deal closes) of approximately $2.8 billion, with additional liquidity of approximately $500 million available through undrawn vendor financing," he wrote. "We continue to expect the company's pending tower sales process to be completed within the next 90 days or so, which we believe will generate gross proceeds of approximately $1 billion."
http://news.investors.com/technology/040513-650786-nihd-stock-jumps-peru-wireless-sale.htm
PURE's disinfectant has a rapid 30-Second Kill Against various forms of Influenza, including Avian Flu and H1N1.
http://www.purebio.com/about/corporate_overview
http://www.purebio.com/about/article/207
http://www.seekingalpha.com/article/1325891
Price target raised to $12.11:
Peru Sale Ups Asset Pricing Strength And Target To $12.11
After the market close last night, NII Holdings (NIHD) announced a deal to sell shares of its Nextel Peru indirect subsidiary for approximately $400 million. We previously quoted a rumored price of $500 million which may have included certain reimbursements of capital commitments and inventory on top of the share purchase. The deal importantly comes in at the top end of its range and shows the company's regained position of strength in negotiations to sell its non core operating territories and other assets. Perhaps more significant is the additional liquidity on NIHD'S balance sheet from this sale should enhance the value of the tower division which is in the process of being spun off presumably to a pure play tower operator such as American Tower (AMT) who late last year purchased a German tower package:
Announced 11/15/12
393.00M for E-Plus Mobilfunk GmbH & Co. KG, Over 2000 Tower Sites in Germany
Merger/Acquisition
American Tower Corporation signed a definitive agreement to acquire over 2000 tower sites in Germany from E-Plus Mobilfunk GmbH & Co. KG for approximately €390 million on November 15, 2012. The transaction does not include transmitting stations installed on the towers.
Quoting from the NIHD press release:
"The transaction, which is structured as a purchase of the shares of NII's indirect subsidiary, Nextel del Peru S.A. ("Nextel Peru"), is being entered into as part of NII's announced strategy to focus its capital and other resources in Mexico and Brazil, its two largest markets. The proceeds received from this sale will provide additional liquidity as the Company continues to invest in the deployment of its next generation networks in Mexico and Brazil. NII's next generation networks will enable the Company to provide the highest quality wireless experience to high value customers in those markets."
To the best of our knowledge, this is the first time the company has formally announced that it intends to focus only on Mexico and Brazil. We had assumed a $300 million sale for Peru in our bare bones valuation of the company and also believe that Mexico can be sold for a further premium as other operators need the bandwidth from the licensed frequencies NIHD's Nextel Mexico holds.
NIHD CEO Steven Schindler, who some employees call the "iron fist", is making good on his vision to streamline the company and focus on building value through subscriber growth and network upgrades. We now believe Schindler has strengthened his company's finances to the point where he can extract more value from his planned sale of assets. The acceleration of the Peru deal shows us he means business. We estimated that Nextel Mexico would yield $2.15 billion in a sale. This was conservative as it was 50% of the price to be paid on a deal that never was completed. With increased strength from the Peru sale, we think Schindler can command a higher price than $2.15 billion. A mere 10% increase would add another $215 million to the company's value, or $1.25 per share. We think this is achievable and therefore update our bare bones value for NIHD to $12.11. We look forward to seeing what next on Shindler's asset sale list.
http://www.seekingalpha.com/article/1322971
Excellent article today from Seeking Alpha. Price target raised to $10.86!
NII Holdings: A Buy And A Squeeze To $10.86
As we have written in the past, we like NII Holdings (NIHD) and think it is now executing its business plan as we have outlined in our previous articles. In fact, today an elcomercio.pe article says that Nextel Peru was being sold by NIHD for $500 million to a local phone company, Entel Chile. In our article calculating a bare bones value for the entire company at $9.69 per share, we had assigned a $300 million value to Nextel Peru. Should a sale be announced as described by this article, it would add $200 million to our bare bones analysis or $1.17 per share, upping our new target price to $10.86 per share.
http://www.seekingalpha.com/article/1317821
I agree. AONEQ sold its assets, not the company. Meaning that now Wax, which is a separate private company, owns the assets and AONEQ is basically an empty shell. Trying to understand why people would think it has value. However, I admit I am sticking around for the show. It's very interesting analyzing the actions and interpretations of other investors. I have learned so far that being right doesn't make you money, understanding what others think is right, even if it's wrong, will!
Per Reuters article just released:
"Wanxiang's $256.6 million would then be turned over to repay the creditors of A123, which filed for bankruptcy with $376 million in liabilities."
http://www.reuters.com/article/2012/12/11/us-a123-sale-idUSBRE8BA0ZB20121211?type=companyNews