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I could care less. Pump and dump all they won't. Whatever will make me money. I don't hold these penny's for long
Trading AHII right now. Thinking it might squeeze.
Pretty quiet over here. Thinking we'll see much of the same until 10-k is released or something significant happens (uplisting).
Trading some of these e-cig companies during the meantime.
Spread the word. This under the radar
Good news today. Hopefully sales in those select 7 Eleven stores is successful. Could be a huge deal for them if they eventually get rolled out in all stores
Good to know, thank you. Will probably order a pack tomorrow. Always good to test the product you're investing in.
I was thinking about putting in an order to test the product. Did your order and shipment go thru just fine?
Looks awesome! Good job and thanks!
Did this come across the wires today? I didn't see it until just now... Looks like just a recap of what has already been publicly released.
http://www.marketwatch.com/story/american-heritage-international-inc-now-selling-disposable-ecigs-in-over-400-stores-2014-03-18?reflink=MW_news_stmp
Would like to see what happened to Vape Holdings happen to American Heritage... http://stockcharts.com/h-sc/ui
Wish this would have fell in my lap below $1. I had StockCharts add the ticker to their site. Beautiful chart... slow and steady. Might see a squeeze in the near future.
http://stockcharts.com/h-sc/ui?s=AHII
Cool, thx.
Agreed. Who has access to do this?
I don't know what the deal is. When I search the quote "AHII" in the quote field, it pulls up Animal Health. When I search "American Heritage" in the Search iHub field it appears to bring up the American Heritage board but with no company description, if that makes sense.
I don't think hardly anyone knows about this stock based off the number of posts on the actual AHII board. Makes me wonder how we're seeing decent volume and who is pushing this up.
Thinking we will see this squeeze soon
{{AHII}} THE NEW E-CIG COMPANY!!
http://stockcharts.com/h-sc/ui?s=AHII
{{AHII}} CHART!! http://stockcharts.com/h-sc/ui?s=AHII
MUST SEE CHART {{AHII}} E-CIGS!!
http://stockcharts.com/h-sc/ui?s=AHII
{{AHII}} E-CIG COMPANY!! CHART IS SICK!!
http://stockcharts.com/h-sc/ui?s=AHII
WATCH {{AHII}} SQUEEZE!! CHART IS SETTING UP!!
http://stockcharts.com/h-sc/ui?s=AHII
{{AHII}} CHART!! SETTING UP FOR A SQUEEZE!!
http://stockcharts.com/h-sc/ui?s=AHII
Waiting for the squeeze to happen
Damn, you've got a lot of time on your hands. Wish I didn't have a full time job
Nope. Sold Lucas. Bought PFIE A
3.71, sold at 4 and will buy back at 3.30 . You still hanging around LEI?
I haven't changed my opinion about this company at all. I think the product, management and overall company is outstanding. I just think a 35x - 45x PE is a little too high. I'm looking for something more in the 20x - 30x range to buy back in.
What's the O/S on this stock?
You're obviously the only one that has time to do so.
Ummm... I got out yesterday? Less than 24 hours ago. Am I supposed to post to the board the minute I click "Sell" on my brokerage account? I don't have that much free time on my hands.
And why would I hold if I felt the stock was going to go down? Doesn't it make more sense to sell now and get back in with a larger position at a more justifiable price? Instead of averaging down.
Look at all my previous posts. I've always said that I've felt the PE is too high. I am much more comfortable buying into a larger position at a more reasonable PE and PPS.
I'll be staying up with the board daily like I have been. As of now, I could get back in with more shares than I had just a few days ago. I think we'll see this come down to $3.20- $3.00 before the 10k release in June.
I got out yesterday at $3.75. I'll be buying back in once I see the PE get to a justifiable level. I think some stop losses have been going off the past several days.
Going out from which sources?
The patented demonstration case that was announced last year got published on 2/27/2014. Interesting...
https://www.google.com/patents/US20140057246?dq=profire+energy&hl=en&sa=X&ei=lwIWU8n_BaKv2QWRioDADQ&sqi=2&pjf=1&ved=0CEIQ6AEwAg
Oil & Gas Stock Outlook - Jan 2014 - Industry Outlook
OUTLOOK
Crude Oil
Expectations of an improving economy and bullish supply data have strengthened oil prices to around $100 per barrel. Crude’s recent run has been spurred by the Federal Reserve’s measured Taper announcement. The central bank -- asserting that the U.S. economy was strong enough -- stated that it will reduce bond repurchases by $10 billion, bringing its monetary stimulus to $75 billion a month from Jan 2014.
This has fueled hopes for robust fuel and energy demand in the world's biggest oil consumer. The bullish momentum was further propelled by positive revision to third quarter GDP numbers and continued decline in U.S. supplies.
Partly offsetting this favorable view has been a spike in domestic production -- now at their highest levels since 1988 -- and suggestions of increase in Libyan oil exports following months of political turmoil.
The immediate outlook for oil, however, remains positive given the commodity’s constrained supply picture. In particular, while the Western economies exhibit sluggish growth prospects, global oil consumption is expected to get a boost from sustained strength in China, the Middle East, Central and South America that continue to expand at a healthy rate.
According to the Energy Information Administration (EIA), which provides official energy statistics from the U.S. Government, world crude consumption grew by an estimated 1.1 million barrels per day in 2013 to a record-high level of 90.3 million barrels per day.
The agency, in its most recent Short-Term Energy Outlook, said that it expects global oil demand growth by another 1.2 million barrels per day in 2014. Importantly, EIA’s latest report assumes that world supply is also likely to go up by 1.2 million barrels per day in 2014.
In our view, crude prices in the first half of 2014 are likely to exhibit a sideways-to-bearish trend, trading in the $90-$100 per barrel range. As North American supply remains strong and the groundbreaking agreement with Iran makes it easier for the country to sell the commodity, we are likely to experience a pressure in the price of a barrel of oil.
Natural Gas
Over the last few years, a quiet revolution has been reshaping the energy business in the U.S. The success of ‘shale gas’ -- natural gas trapped within dense sedimentary rock formations or shale formations -- has transformed domestic energy supply, with a potentially inexpensive and abundant new source of fuel for the world’s largest energy consumer.
With the advent of hydraulic fracturing (or fracking) -- a method used to extract natural gas by blasting underground rock formations with a mixture of water, sand and chemicals -- shale gas production is now booming in the U.S. Coupled with sophisticated horizontal drilling equipment that can drill and extract gas from shale formations, the new technology is being hailed as a breakthrough in U.S. energy supplies, playing a key role in boosting domestic natural gas reserves.
As a result, once faced with a looming deficit, natural gas is now available in abundance. In fact, natural gas inventories in underground storage hit an all-time high of 3.929 trillion cubic feet (Tcf) in 2012. The oversupply of natural gas pushed down prices to a 10-year low of $1.82 per million Btu (MMBtu) during late April 2012 (referring to spot prices at the Henry Hub, the benchmark supply point in Louisiana).
Investors continue to focus on temperature patterns to understand the fuel’s economic dynamics. As it is, natural gas fundamentals look uninspiring with supplies remaining ample in the face of underwhelming demand. In fact, it is expected to take many years for the commodity’s demand to match supply in the face of newer projects.
Despite these issues, natural gas rallied to a two-year high recently on the back of persistent decreases in natural gas supplies and forecasts of freezing cold weather conditions, which boost natural gas demand for space heating by residential/commercial consumers.
ZACKS INDUSTRY RANK
Oil/Energy is one the 16 broad Zacks sectors within the Zacks Industry classification. We rank all of the more than 260 industries in the 16 Zacks sectors based on the earnings outlook for the constituent companies in each industry. To learn more visit: About Zacks Industry Rank.
The way to look at the complete list of 260+ industries is that the outlook for the top one-third of the list (Zacks Industry Rank of #88 and lower) is positive, the middle 1/3rd or industries with Zacks Industry Rank between #89 and #176 is neutral while the outlook for the bottom one-third (Zacks Industry Rank #177 and higher) is negative.
The oil/energy industry is further sub-divided into the following industries at the expanded level: Oil – U.S. Integrated, Oil and Gas Drilling, Oil – U.S. Exploration and Production, Oil/Gas Production Pipeline MLP, ‘Oilfield Services, Oil – International Integrated, Oil – Production/Pipeline, Oilfield Machineries and Equipment, Oil–C$ Integrated, and Oil Refining and Marketing.
The ‘Oil and Gas Drilling’ is the best placed among them with its Zacks Industry Rank #29, comfortably placing it into the top 1/3rd of the 260+ industry groups, where it is joined by the Oil Refining and Marketing ' with a Zacks Industry Rank #74.
The ‘Oil/Gas Production Pipeline MLP’ -- with a Zacks Industry Rank #96 -- moves out of the top 1/3rd and into the middle 1/3rd. The ‘Oil – U.S. Exploration and Production’ also lie in the middle 1/3rd, with Zacks Industry Rank #149.
However, all the other sub-sectors -- Oil - Production/Pipeline, Oil–C$ Integrated, Oilfield Services, Oil – International Integrated, Oil – U.S. Integrated, and Oilfield Machineries and Equipment -- are featuring in the bottom one-third of all Zacks industries with respective Zacks Industry Ranks of #181, #191, #206, #208, #214 and #237, respectively.
Looking at the exact location of these industries, one could say that the general outlook for the oil/energy space as a whole is neutral-to-negative.
EARNINGS TRENDS
As far as overall results of the Oil/Energy sector is concerned, it displays an encouraging trend. While earnings fell 8.4% in the third quarter of 2013, it improved from the 11.2% drop witnessed in the previous quarter. What’s more, there was a marked enhancement in revenue performance, which was up 2.8% in the September quarter as against a decline of 5.4% in the second quarter.
The sector had a mixed performance in terms of beat ratios (percentage of companies coming out with positive surprises). The earnings "beat ratio" was an impressive 62.2%, but the revenue "beat ratio" was underwhelming, at 37.8%.
For more information about earnings for this sector and others, please read our ‘Earnings Trends’ report.
OPPORTUNITIES
Considering the turbulent market dynamics of the energy industry, we always advocate the relatively low-risk conglomerate business structures of the large-cap integrateds, with their fortress-like balance sheets, ample free cash flows even in a low oil price environment and growing dividends.
Our preferred name in this group remains Chevron Corp. (CVX). Its current oil and gas development project pipeline is among the best in the industry, boasting large, multiyear projects. Additionally, Chevron possesses one of the healthiest balance sheets among peers, which helps it to capitalize on investment opportunities with the option to make strategic acquisitions.
While all crude-focused stocks stand to benefit from rising commodity prices, companies in the exploration and production (E&P) sector are the best placed, as they will be able to extract more value for their products. In particular, we suggest exposure to small-cap, undervalued E&P players like Harvest Natural Resources Inc. (HNR) and Abraxas Petroleum Corp. (AXAS), which enjoy the benefits of crude oil price leverage.
One may also capitalize on this opportunity with the related business sector of energy equipment service providers. Our top pick in this space is Dril-Quip Inc. (DRQ). This offshore drilling equipment maker boasts of highly engineered drilling and production equipment for deepwater severe-service applications and harsh environmental conditions.
Further, we remain optimistic on the near-term prospects of Halliburton Co. (HAL). The oilfield services behemoth -- among the top three players in each of its product/service categories -- is enjoying strong demand for its services in international markets and expects the trend to continue in the coming quarters. The company’s inexpensive valuation and a favorable DOJ verdict over its role in the Macondo oil spill lend additional support.
Within the contract drilling group, we like Helmerich & Payne Inc. (HP). Supported by a superior and diversified drilling fleet, together with a healthy financial profile, we expect the company to sustain its profitability over the foreseeable future. We believe Helmerich’s technologically-advanced FlexRigs will continue to benefit from an upswing in U.S. land drilling activity and the shift to complex onshore plays that require highly intensive solutions.
Offshore drilling giant Transocean Ltd. (RIG) is also a top pick. With its technologically-advanced and versatile offshore drilling fleet, strong backlog and considerable pricing power, the company offers an unmatched level of earnings and cash flow visibility. The recent dividend approval and the settlement of a host of civil/criminal claims associated with the Deepwater Horizon incident have also eased the overhang on the stock.
Finally, buoyed by the favorable trends in the refining sector, we are more optimistic on the industry than we were a few months ago. After going through a bumpy ride for much of 2013, the sector has started to look up -- and it’s mainly to do with the ‘oil spread,’ the difference between the WTI price and its global counterpart, Brent.
With refiners being buyers of WTI, while selling their products based on Brent, the wider the so-called ‘Brent-WTI spread,’ the better it is for the sector components. With current oil spread at more than $10 per barrel, refinery stocks are set to benefit. Against this backdrop, we are particularly bullish on Valero Energy Corp. (VLO) and Western Refining Inc. (WNR).
WEAKNESSES
We are bearish on Europe’s largest oil company Royal Dutch Shell plc (RDS.A). The integrated player is particularly susceptible to its high exposure to the downstream business, as well as its major natural gas focus and lofty capital spending.
We are also skeptical on Italian energy company Eni SpA (E). The integrated player -- with a large presence in Libya -- has seen its total production fluctuate in recent times, primarily due to operational disturbances at several fields in the North African nation. Additionally, Eni's upstream portfolio carries greater political risk than its peers, since it has the highest exposure to the OPEC countries. The Rome-based company has also been mitigated by a weak macroeconomic scenario in Italy and Europe that is likely to affect its performances going forward.
We see little reason for investors to own domestic upstream operator Noble Energy Inc. (NBL), particularly due to the flood in Northern Colorado, which is expected to negatively impact production in fourth quarter. In addition, Noble’s international business operations are exposed to political and economic risks rife in West Africa and the Middle East.
Based upon the number of near-term challenges, we remain pessimistic on the near-term prospects of National Oilwell Varco Inc. (NOV). With markets remaining competitive and pricing likely to be soft, the energy equipment maker’s margins are expected to suffer in the next few quarters. Recent weakness in the North American onshore drilling environment has also been a negative. Furthermore, we expect shares to remain depressed until it increases its sub-par dividend yield.
Land drilling contractor Nabors Industries Ltd. (NBR) is another company we would like to avoid for the time being, mainly due to headwinds in the pressure pumping market on the back of collapsing prices and lower utilization. The recent weakness in the North American onshore rig count has also been a negative. As usual, we remain concerned about weak natural gas fundamentals, which are likely to limit the company’s ability to generate positive earnings surprises. Nabors’ fairly debt-heavy balance sheet also remains an issue.
Lastly, we recommend avoiding contract drilling services provider Rowan Companies plc (RDC). The volatility in the macro backdrop along with operational hindrances raises concerns. Furthermore, the company expects its contract drilling expenses to increase by 5% to 7% in 2013. Rowan also expects 2014 operating costs to rise by 10% to 11% from 2013 levels.
Did my post refer directly to MCIG or MJ stocks in general?
MCIG +6.22%
HEMP -4.47%
GRNH +4.29%
PHOT -2.69
AVG = +3.35.... I would call that pretty flat across the board. Nice try though. And its only 12 EST.
The biggest dilution day will be tomorrow. I love the MJ stocks but after this MJ special on CNBC buyers will be met with the MJ broker sellers. It'll be flatline tomorrow. They want to capitalize on the MJ revolution just like you want to
I've been emailing IR back & forth. Their EBITDA for 9 months ended Dec. 31st was approx. $8.6M. There's been approx. $.85 M for non-cash options excluded from that figure and the finders fee/commission on the stock-issuance of $.57 M was capitalized instead of expensed.
That 20k share dump earlier could have triggered a few stop losses to $3.54. Impressive rebound and hold here though.
Q1 EPS = $0.04
Q2 EPS = $0.04
Q3 EPS = $0.03
Based on the company's projections, 9-month profit margin & increase in O/S, my EPS range for Q4 is $0.02- $0.03. Although I think the company's projections for year-end are reasonable, I think we've obviously seen them be conservative with their projections before (earlier this year). I'm adding $1 mill in revenue on top of their projections, $36 mill- $37 mill with 16% profit margin.
$36.5 mill x .16 = $5.84 mill profit
$5.84 mill / 47 mill O/S = $.124 EPS
Current TTM EPS is $0.12. It is very reasonable to expect the EPS to be in the range of $0.15- $0.16 for FY2014. At an industry average and reasonable PEx of 25x, the price should be $3.75- $4.00. Which is where it's been holding at for the past 4 months.
It just seems like this happens on random occurrence.