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frenchies cant even catch a look-a-like-lmao
asy-avoid (wink)
thank you magic :)
lol,, only reason I was guru,, was because some other poster hadnt posted in a long time. I was having a good streek,,--most were too-if they had been paying attention- fish in a bucket in an up market..
Anyway,, I simply do not want anyone think my posts/picks are more valuable than anyone elses. And I dont post most of the good trades i have.
Working on the next momo now from the p&d crew- course I wont post it or note it- but I will play it.. Just as before,, when I get the heads up on their plans- I send out an alert to sell to them.,, been doing pretty good picking up some of the p&d by scan,, so I am working a special one just for them (to be dumped on-he he) so far I have 4 stocks I am watching for monday,, and an i/p 'insider' for a 'narc' once I feel the scan is ready,, I'll add it to the nightly n/l.. Until then,, best not risk anybodies time or money, but my own.
Need to edit some email stuff,, but lion site email is still screwed up,, and my webmaster is working on some cool tools- so that makes my other email screwed up too.
May have to use that stupid yahoo email for groups..
just noticed,, (ok I may be slow) that I finally lost that guru thing by my name elsewhere. I have now asked to have the mvu thing removed as well. And too be completely fair and true to my views,, please remove my name from the top of this site. I want no status at any site.-not a slam to anybody,, I simply dont want it and others may be a better choice. Thank you- tag :)
I dont plan to post on GBN again,, wouldnt want to called a pumper if it went up or if it dipped .02,, oh the horror of a dip,,must be a massive p&d job.
Have a great weekend to all
lets see how this goes: no secret I have said 'sell' on gold for weeks and weeks,, and some would say gold hit bottom a week or so ago,, true it may have,, but the gold stocks had not,, I kept warning of this,, and I noted last night to look for their bottoms even tho they had not hit the scans yet.. Following my views,, I have always like GBN and out of all the pmu's I watch only 3 caught my eye as a decent nibble spot. GBN got there 1st. some how I think 1.81 will seem cheap later,, 200dma=1.77+/- and if it dips a bit- so will I.
There is my pump and dump for the day,,,,ps- it a bottom not a momo
deac- I swear I want you to put the malox thing on your profile- you crack me up!
hhhhhhmmm,, looks like I missed another deleted post. Basher?
some of us actually try to just give the heads up on a pick,, it is assumed or should be that they have a position. Another question would be,, if every pick is a p&d,, why are there people reading the site?
Many of us survived the market crash and know each other from those days,, I do happen to think human nature is to share to some degree,, but once the p&d jobs get started- nobody trusts anybody,, so we must distance ourselves from those type of traders.
my advise to any of you is avoid any stock put out by anybody you dont trust- and trust very few,, apply your stops.
check out CYD+ RCKY,, started out as very low vol stocks years ago,, time paid off--look at their 3year charts,, many others too,, plenty of stocks go up in a down market
not true always,, lucy,, now you know that the people you think ran a p&d are out yesterday and working on their next pick. they are gone.
deac,, I think you are right,, i did try some of the dd stuff last night and elsewhere on the net.
But I think it comes down to scalpers to,,im up right now a few new buys today, that I know will get picked monday. I wont say a word and it will be better than sliced bread.
I would like to know the dif in low float pick with dd and p&d. Meantime I am enjoying dip buying of other stocks that will get picked--ooooooooohh, not by me,,mums the words,, afterall I dont think many traders like buying stocks when they are red.,,green and chasing is more in style.
wow,, I missed nolans post,, never saw it. Still long lucy per my views......and that might explain some of my emails I got chewing me out for posting.
Note to self: dont post.
jon- many may have been 'front runned'- I dont do that- I have a reason for buying- so yes, today my pick lucy is down.-still long for a reason,, and its not momo
heading out to the yard'
goldbugs better grab a nibbles worth + those candle tails later today, gold hitting bottom right on time @385-395,,shorts will start covering when bugs realizes bank dumping is done.
I dont care to chase a bunch of gold stocks,, only have my eye on 2 or 3,, so instead I'll go this route, (and other commodity based stocks,, tech- ha! Only sercurity based for me and bio/pharm,, fuel -related,,oh yes value based stocks too)...:keep an eye on GROW smalll float (5mil) expect it to have some nice spikes and runs has alot to gain as a fund company invested in the metals, currencies and emerging markets
this guy is still bullish,, but his bearish notes are worth noting- yes I think we can still hit new highs etc next week, but tops get sold off hard-
but just be aware:By Rainsford Yang
Declining volume on the NYSE accounted for over 80% of total volume for the third day in a row Thursday, a nearly unprecedented occurrence over the past twenty-five years. The only other time this has occurred was on October 16th, 1987, the Friday prior to Black Monday. The TRIN also closed over 2.0 for the third day in a row, something that's never occurred over the past twenty-five years. Volatility, as expressed by the VXO (old VIX), surged 15% to close at 21.71, the second consecutive day the VXO has closed in statistically overbought territory. Of the last sixteen times the VXO has closed up 15% or more, the S&P has posted lower lows intraday the following session in every case but two. I'd also note that two consecutive closes in overbought territory has the potential to lead to steep selloffs on an intraday basis. I don't think that will be the case this time around, but you should be aware of the fact.
dcthw-doing well again
perfect example of not getting greedy,, so what if it runs past me. A profit is a profit.
dtii b/.22 s/.34
YIP-GOTTA LUV THE BLOODY+MUDDY GEMS!!!!!!!!!!!!!!!!!
told you I LOVE a red market-holding all buys today
lmao,, suddenly volume comes into some vlaue plays
I bought .22 dtii,, see where it goes,, no target
dcthw- seems based here .70x.74
15mil+ traders just a few days ago for 2 days ran it up-needs fresh buyers-jmho
ps- GROW is also a solid pick. I dont run p&d jobs.
lucy will be fine-cant answer emails,, and I really need to get back into the yard-holding, havent sold 1 share
GROW-4.15+/-,,$5 is breakout,, mms hit the hod,, that is not a short or sell off,,I have profiled this company and have waited for it to firm up and bought today
consider this a pounding of the table for those wanting diversification in defensive areas of metals,currencies and emerging markets. youre not buying the fund,, youre buying the company behind the fund.
Reply to a message written by tagthatstock: (Posted on Thu March 11, 2004 10:02:43 AM)
sleepy creeper wild card
GROW U.S. Global Investors, Inc. (GROW) 4.04,, breakout is 5.0,, wiggles along the way
seems well diversified in the metals and may be a safer play than a standard gold stock. No I dont think its time to buy metals,, this would fall into the catagory of banks,, which are not far from a bounce point. So look for red entries and know ahead of time if you are interested in going long.
home page-http://www.us-global.com/corporate/about.asp
U.S. Global Investors, Inc. (Symbol: GROW), located in San Antonio, Texas, USA, is a registered investment adviser and management firm servicing retail and institutional investors. The company manages a comprehensive family of 12 no-load mutual funds, encompassing all major asset classes and markets including gold and natural resources, stocks, government money markets, tax-free bonds and emerging markets.
The company manages approximately $1.1 billion in mutual fund assets and has an established record of delivering self-directed investment solutions to a broad spectrum of companies, non-profit organizations and pension plans. As a public company, U.S. Global Investors' stock trades over the counter on the Nasdaq stock exchange (Symbol: GROW).
U.S. Global initially was formed in 1968 to manage a growth fund that evolved into the Gold Shares Fund1, the nation's first no-load precious metals fund. Since then, the company has grown, and our shareholders enjoy a widely diversified range of investments. In February 1994, we launched the China Region Opportunity Fund2, the first no-load fund dedicated to investing primarily in companies located in the China region. In October of 1994, we introduced the Bonnel Growth Fund3 - the first of three U.S. Global Accolade Funds designed for investors looking for dynamic growth opportunities in developed as well as emerging markets.
The company also has several subsidiaries including United Shareholder Services, Inc., the transfer agent for mutual fund shareholders; U.S. Global Brokerage, Inc., the funds' distributor; and A&B Mailers, which provides mailing services.
Entrepreneurial, Dynamic and Unique
These are the words that best describe our company, as well as our employees. We are sophisticated investment specialists seeking opportunities globally for our shareholders. Our performance-inspired fund management team not only has advanced academic credentials, but also the hands-on experience needed to guide them in making investment decisions.
SEPTEMBER 30, 2003 QUARTERLY REPORT
On November 10, 2003, there were 6,311,474 shares of Registrant's class A nonvoting common stock issued and 5,981,779 shares of Registrant's class A common stock issued and outstanding, no shares of Registrant's class B nonvoting common shares outstanding, and 1,496,800 shares of Registrant's class C common stock issued and outstanding.
Shareholders' Equity
Common stock (Class A) - $.05 par value; nonvoting; authorized, 7,000,000 shares; issued, 6,311,474 shares
Common stock (Class B) - $.05 par value; nonvoting; authorized, 2,250,000 shares; no shares issued
Common stock (Class C) - $.05 par value; voting; authorized, 1,750,000 shares; issued, 1,496,800shares
Additional paid-in-capital 10,821,020
Treasury stock, class A shares at cost; 334,756 and 361,948 shares at September 30, 2003, and June 30, 2003, respectively
per yahoo-
Shares Outstanding: 7.48M
Float: 5.60M
Total Assets $8,214,909
Total Liabilities 1,769,831
Ending Cash and Cash Equivalents 1,505,502
The Company has voluntarily waived or reduced its advisory fee and/or has agreed to pay expenses on several USGIF funds through June 30, 2004, or such later dateas the Company determines. The aggregate fees waived and expenses borne by the Company for the quarter ended September 30, 2003, and 2002, were $390,438 and $400,885, respectively.
Borrowings
The Company has a note payable to a bank secured by land, an office building, and related improvements. As of September 30, 2003, the balance on the note was $939,849. The loan is currently amortizing over a twelve-year period with payments of both principal and interest due monthly based on a fixed rate of 6.50 percent annually. The current monthly payment is $10,840, and the note matures on January 31, 2006. Under this agreement, the Company must maintain certain financial covenants. The Company is in full compliance with its financial covenants at September 30, 2003.
Earnings per share
Basic $ 0.09
Diluted $ 0.09
Contingencies
The Company was named as one of several defendants in a civil lawsuit filed in New York. During June 2003, this lawsuit was dismissed. However, during July 2003, the plaintiff filed an appeal. Management consulted with legal counsel and determined that the Company has strong merits for obtaining a favorable ruling.
The Company was the plaintiff in a lawsuit filed in Ontario, Canada and a mediation was held during June 2003. During this mediation, the Company and the defendant agreed to a settlement in the amount of $371,057, which was recorded as a receivable on the balance sheet at June 30, 2003. Payment on the settlement was received by the Company during the quarter ended September 30, 2003, and the case has been formally dismissed.
BUSINESS SEGMENTS
The Company, with principal operations in San Antonio, Texas, manages two business segments: (1) the Company provides investment management services, and (2) the Company invests for its own account in an effort to add growth and value to its cash position.
The Company generates the majority of its operating revenues from the investment management of products and from providing services for the U.S. Global Investors Funds (USGIF) and U.S. Global Accolade Funds (USGAF). Notwithstanding that the Company generates the majority of its revenues from this segment, the Company holds a significant portion of its total assets in proprietary investments. The following is a brief discussion of the Company's two business segments.
RESULTS OF OPERATIONS - QUARTER ENDED SEPTEMBER 30, 2003 AND 2002
The Company posted net after-tax income of $687,511 ($.09 income per share) for the quarter ended September 30, 2003, compared with a net after-tax income $111,107 ($.01 income per share) for the quarter ended September 30, 2002
Revenues
Total consolidated revenues for the quarter ended September 30, 2003, increased $657,934, or 33 percent, compared with the quarter ended September 30, 2002. This increase was primarily attributable to unrealized gains on trading securities of $374,007 for the quarter ended September 30, 2003, compared to unrealized losses of $(129,623) for the quarter ended September 30, 2002. The Company also realized an increase in investment advisory fees of $105,563 as a result of improved profit margins on its assets under management. Redemptions inlow margin money market funds were offset by market gains and purchases in high margin gold and foreign equity funds. The Company also had an increase in private client advisory fees of $86,517 due to continued asset appreciation in the client account. Offsetting these favorable trends was a decrease of $46,507 in transfer agent fees due to a decline in the consolidated number of mutual fund shareholder accounts.
Expenses
Total consolidated expenses for the quarter ended September 30, 2003, increased $89,127, or 5 percent, compared with the quarter ended September 30, 2002. The Company has increased marketing expenditures and has incurred additional sub-advisory fees associated with asset growth in the Eastern European Fund.
Earnings before Interest, Taxes, Depreciation, and Amortization (EBITDA) Management considers EBITDA to be the best measure of the Company's financial performance since this measurement reflects the operations of the Company'sprimary business segment, managing and servicing USGIF and USGAF.
EBITDA for the quarter ended September 30, 2003, was $348,614, which was an increase of $53,301, or 18 percent, from an EBITDA of $295,313 for the quarter ended September 30, 2002. The Company has been able to utilize its expertise in the field of gold and precious minerals to provide investment management services to a private advisory client whereby the Company earns a percentage of the gains realized in the client account. The underlying investments in this account had outstanding performance in the quarter ended September 30, 2003,boosting operational returns relative to prior year. In addition, the Company had increased investment advisory fees as a result of growth in higher margin mutual funds. Conversely, during the same period the Company experienced a reduction in transfer agent fee revenues and an increase in operating expenses.
INCOME TAXES
Provisions for income taxes include deferred taxes for temporary differences in the bases of assets and liabilities for financial and tax purposes, resulting from the use of the liability method of accounting for income taxes. For federal income tax purposes at September 30, 2003, the Company has net operating loss carryovers (NOLs) of approximately $1.7 million, which will expire between fiscal 2010 and 2022, charitable contribution carryovers of approximately $69,000 expiring between 2004 and 2006, and alternative minimum tax credits of approximately $140,000 with indefinite expirations. The long-term deferred tax asset includes approximately $109,000 of unrealized losses on available-for-sale securities, approximately $22,000 associated with the difference between book and tax depreciation, and approximately $37,000 from annuity obligations. If certain changes in the Company's ownership occur subsequent to September 30,2003, there could be an annual limitation on the NOLs that could be utilized.
A valuation allowance is provided when it is more likely than not that some portion of the deferred tax amount will not be realized. Management included a valuation allowance of approximately $87,000 and $315,000 at September 30, 2003, and June 30, 2003, respectively, providing for the utilization of NOLs, charitable contributions, and investment tax credits against future taxable income.
LIQUIDITY AND CAPITAL RESOURCES
At September 30, 2003, the Company had net working capital (current assets minus current liabilities) of approximately $4.1 million and a current ratio of 6.1 to 1. The increase in net working capital of $548,177 from June 30, 2003 to September 30, 2003, was primarily due to unrealized appreciation in the value of trading securities. In addition, working capital increased as a result of the Company recording additional receivables from the private advisory client to reflect its share of unrealized appreciation in the client account. With approximately $1.5 million in cash and cash equivalents and more than $1.7 million in marketable securities, the Company has adequate liquidity to meet its current debt obligations. Cash and cash equivalents increased by more than $343,000 from June 30, 2003 to September 30, 2003, as the Company was able to collect the monies due from a litigation settlement. The Company has a note payable to a bank whereby it must maintain certain financial covenants. One of the covenants requires that the Company maintain cash and cash equivalents and eligible marketable securities to meet or exceed $1 million at the end of each
quarter. The Company is in full compliance with all of its financial covenants at September 30, 2003. Total shareholders' equity was approximately $6.4 million, with cash, cash equivalents, and marketable securities comprising 40 percent of total assets. With the exception of operating expenses, the Company's only material commitment is its note payable to the bank. The Company also has access to a $1 million credit facility, which can be utilized for working capital purposes. The Company's available working capital and potential cash flow are expected to be sufficient to cover current expenses and debt service.The investment advisory and related contracts between the Company and USGIF and USGAF will expire on February 29, 2004, and May 31, 2004, respectively. Management anticipates the board of trustees of both USGIF and USGAF will renew the contracts.Management believes current cash reserves, financing obtained and/or available, and potential cash flow from operations will be sufficient to meet foreseeable cash needs or capital necessary for the above-mentioned activities and allow the Company to take advantage of opportunities for growth whenever available
lucy-anybody buy on the cheap? Got the stock straight off island pre-market.
I may be wrong,, but doesnt tmta have r-split coming,, if so,, price should hold up well,, got alotta bloomberg ticker time this morning-fwiw
dcthz doing well -others too, getting redy to hit the flowerbeds in about 20minutes--1 hour diet in morning market
commodity type stocks should do well,,watch LUCY,, b/1.16avg,,lucy-milk and cheese dairy,,,Shares Outstanding: 3.14M ,,,,Float: 2.20M
http://www.lucille-farms.com/
outside houston during the week,, IN the gulf fishing on weekends. houston never sleeps,, to get across town you have to time it,, best times are: 9am-3pm,, everbody is in their office then- no rush hour traffic,, now rush hour traffic is a nightmare- sort of,, there is a part in the middle of town that I dont mind sitting in traffic, it is dead center where all the huge glass buildings are, they make you feel like you are 1 inch tall,,everbody looks crabby,, look out the window,, look up- thats as close as your gonna get for a surrounded point of view,, they are huge and beautiful.and at christmas time,, we load up in the car and go down there about 3am on w/e and drive 35mph for the light show-incredible,, land of glass giants. our bridges out here look like they belong in movies,, many have little crest emblems on them,, then they overlap each other like a knotted up spider.
Cost of living is cheap-(tho most houstonians dont think so) and the mild climate is great. Taxes,, nothing compared to other places I have lived,, its called infra-structure. top schools,, big state, can take you years to fully appreciate the whole thing.
well I have posted and not posted amex or whatever based on charts and many with dd,, the quiet ones work up,, and often they have small floats. The only real laggard I have is hrsh,, but cash is not king right now.
steel,, my profit margin is much higher when I dont post. Try to share something and scalpers hit it. maybe its just because they are fresh, quiet stocks,, too many others are just loaded with traders dying to get out. but then again a herd runs together.
Anyway,, weather is warm, spring is in the air,, vol will get soft,, I really dont want to look at this box all day. Today I got the whole yard mowed and bagged,, weedeatered, i figure I can get the rest of it done in the next 2 days-during market hours leaving me a free weekend.
steeledge, very nice work,, keep pounding the table,, it will move (the chart is good),, right now some traders want a few certain people to 'pick' it first- stupid I know,, but that is often the case..'who' picks it not that is was picked.-sometimes it pay s to just keep your mouth shut-sadly,, Anyway,, great job on the valuation dd,, keep it coming.
I cant speak for bucy,,i was off on my timing for the sell off, but once a sell-off is done (a 'drastic' one) the gap is normal,, happens quite a bit in stocks too.
for such a nasty market drop over the past few days, I felt very little- see you guys thursday