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might make it easier for you to see what i see by switching your time to weekly,, ALL the price points were up on less 'bull vol' it was likely hard selling absorbed by blinded bulls=someone is holding a bag-o-rocks on a sinking ship.
wallstreet left at 185,, some anals who dont know this prolly the ones holding and endorsing 'rocks'
wb-take off ALL of your other indicators,,,i want you to look at the chart with vol,/m/a's,, and those price labels.
wb: mini -deadcat bounce,,200dma and really look close on the ema60vol--only thing holding this up is recent cramer pump into bio/pharm's which are mostly pumped up on stuff like viagra or 'birdflu' or any 'fear income for the moment',,or issues that a healthy diet can address,, fda has already started growling=(spend more money and time on your research) and it dont help that recently europe has panicked and feels the need to m/a into american or anyone---most dont have the banking behind them to do it. also notice the crappy bio/pharms have been pushed hard lately,, not a good sign for the sector when trash rises.
wb- you know i keep posting extremely cheap puts from etrade on bbh. -etrade doesnt even record my buys with any vol-------hhhhhhhhhhmmmmmmmmm- ties in alot with my thoughts on naked shorts (which are also naked fills)
notes about GILD:
you will be able to ride it down once traders load in on cramer pump. last 2 new highs were on failed up vol,, met the next day with sellers. (same thing happened to tol+aapl at the top)
money has left the sector,, longs just dont know it yet. anyway,, give it a few days then short the snot out of it.
p/e traders are willing to hold the stocks higher for a time,, but they are using standard p/e,, not p/e with debt added,, and lower growth deducted not to mention cash burn that is 'currently' holding the p/e at a 'value' level.---------look at TOL for the last 6months,, it went thru a 50% haircut-using standard p/e killed those bulls at the top.
perfect example LPX
holding free thru e's is less painful.. the price action seemed more like mm's not really having many shares,,, so they stole what the fundies may have needed.
influencing a gap up or down takes skill.----news wasnt that bad,, but it is a signal,, markets are starting to give up a bit on small/midcaps (use tight stops for all of april on non-free shares) meanwhile,, they are still supporting near high stocks that have warned or guided down. p/e traders are willing to hold the stocks higher for a time,, but they are using standard p/e,, not p/e with debt added,, and lower growth deducted not to mention cash burn that is 'currently' holding the p/e at a 'value' level.---------look at TOL for the last 6months,, it went thru a 50% haircut-using standard p/e killed those bulls at the top.
AAPL- WEKLY is working,,,your forgetting 'we have not gotten there yet' like a road trip.......let it get to 67-70-maybe 73 on 'news'/market momo-dare i say a split?),, then look for puts 2-3 months out at 70. big up weekly aapl vol doesnt tend to go more than 1 week,, sure it continues to go up there after,, but that was while traders were ignoring the fed rates and gasoline. and mp3 players, cheap knockoffs,, and others entering the pc world. my point is,, dont get ahead of yourself on the trip,, its like a mental note,, you know the next time the markets get super bullish on aapl,, check back on the weekly 200 ($33now) about $43 then,, when the stalling starts again. problem bulls have to worry about is a DELL style dropper.
look at your weekly vol,, well over the ema60 on stockcharts it gave you 3-4 weeks (most of jan to think about the 70-65puts for march and april. -problem with most traders they wont grab it cause of the mindset/trader habits they have learnt from 'anals like cramer' -same reason UNH fell so hard,, eventually you cant find a bigger fool
the example works great in over exposed stocks,, big popular names,, hopefully cramer stocks.
ie- he was ready to throw in the towel on STX the other day,,, then a few days ago he gave some caller the 'you are diversified' 'okie dokie' with STX,, now he is handing out goog kisses on RACK,, traders showed they are a bit un-loyal the other day after thinking over the $39 shares they didnt get,,,, this event tends to be overlooked in bull markets or street fav stocks,, but in a flat or bad market this dont 'fly'.
im gonna use your charts when i respond,, remember what i say every now and then about the 200dma,,,,,ie: my CMI notes,, stock is 105,,,i have been posting the 100Puts which are higher than the 200dma by 'half way'-------------good bet.
now i can give you a dozen reason to buy it or sell the stock/puts long or short,, but forget that,, i think your smarter than that.. notice the stock is 'rolling a bit',,,,,,,,,,,, now go put a 200dma on your AAPL chart.- when it was at its peak, within a few days a few of us were emailing each other,, they scoffed at my visit high/mid 50's,,,,,,, all i had to do was project a basic 45* angle+/-,, cause the 200dma would keep going up no matter what the stock did.
think about it,,,,,it aint rocket science.
im dead tired today,,,, i think its because my friends have been over working me on their house...........anyway,,i will try to further explain to your 2nd email when i get some rest.
prls
Peerless Systems Announces Fourth Quarter and Full-Year Results For Fiscal 2006
Thursday March 30, 4:10 pm ET
Selected Highlights:
* Fourth quarter net income improves 57% to $1.8 million, or $0.09 per diluted share, versus comparable year-ago period
* Cash and short term investments reach $13.2 million
* Full-year net income of $4.3 million represents a $10.1 million improvement versus prior-year loss
* Full-year revenue up 57% to $36.2 million versus fiscal 2005 SoC development work accelerates following recently announced design win
EL SEGUNDO, Calif., March 30 /PRNewswire-FirstCall/ -- Peerless Systems Corporation (Nasdaq: PRLS - News), a provider of advanced imaging and networking technologies and components to the digital document market, today reported financial results for its fourth quarter and full fiscal year ended January 31, 2006.
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Fourth Quarter Results
Fourth quarter revenue increased 16% to $9.6 million from $8.3 million in the prior year's fourth quarter, and was flat versus $9.6 million reported in the third quarter. Product licensing revenue was $6.7 million compared with $6.8 million in last year's fourth quarter and $5.9 million reported in the most recent quarter. Engineering services and maintenance revenue was $2.7 million versus $0.8 million reported in the prior fourth quarter and $3.2 million in the third quarter. The increase in engineering services revenue versus last year's fourth quarter resulted primarily from the $2.0 million in revenue for quarterly development services performed under an agreement with Kyocera-Mita. Peerless also earned the full $0.25 million in quarterly performance incentives addressed in the Kyocera-Mita agreement. Hardware revenue was $0.2 million versus $0.7 million in the fourth quarter last year and $0.6 million in the third quarter.
The Company signed three fourth-quarter license agreements with a combined value of $5.0 million, all of which were recognized as revenue during the quarter. Licensing backlog at the end of the period was $0.4 million, which will be recognized over the next two quarters. Contract backlog for engineering services was $0.3 million, although this does not include additional amounts expected under the Kyocera-Mita agreement.
Gross margin in the fourth quarter was 57.0% compared with 69.0% in last year's fourth quarter and 51.5% in the most recent quarter. Research and development expenses were $1.7 million, or 17.4% of revenue, versus $2.7 million, or 32.5% of revenue, in the fourth quarter last year when Peerless was finalizing the development and testing of its high-performance color technologies and hardware. Gross margin performance and R&D expenses both declined from the comparable year-ago period due to the transition of in-house engineering efforts to customer development efforts. Third quarter R&D expenses totaled $1.5 million, or 15.4% of revenue.
Sales and marketing expenses were $0.9 million, or 9.2% of revenue, compared with $0.8 million, or 9.2% of revenue, in the fourth quarter last year, and $0.8 million, or 8.4% of revenue, in the third quarter. General and administrative expenses were $1.2 million, or 12.4% of revenue, versus $1.1 million, or 13.7% of revenue, in the year-ago period and $1.6 million, or 16.8% of revenue, in the third quarter.
Net income in the fourth quarter was $1.8 million, or $0.09 per diluted share, a 57% increase when compared with net income of $1.1 million, or $0.07 per diluted share, in the fourth quarter last year. Net income in the previous quarter was $1.0 million, or $0.06 per diluted share.
Peerless reported total assets at the end of the quarter of $20.0 million, including cash and short-term investments of $13.2 million, or $0.72 per diluted share. Stockholders' equity was $11.9 million, or $0.71 per diluted share. Days sales outstanding for receivables and unbilled were 48 versus 48 at the end of the third quarter and 32 at January 31, 2005.
Fiscal 2006 Results
For the full fiscal year, total revenue advanced 57% to $36.2 million from $23.1 million in the comparable period a year ago. Gross margin was 52.8% versus 61.8% in fiscal 2005. Net income increased to $4.3 million, or $0.23 per diluted share, representing a positive swing of $10.1 million when compared with the net loss of $5.8 million, or $0.37 per diluted share, reported in the prior fiscal year.
Management Commentary
Howard Nellor, president and chief executive officer, said, "Fiscal 2006 was a milestone year for Peerless Systems. In addition to strong improvements in our top-line performance and a transition to solid profitability, we validated the commercial viability of the high-performance color technologies we have worked so hard to develop. We initiated our development partnership with Kyocera-Mita approximately one year ago, and are very encouraged by our accomplishments to date. This long-term agreement contributed $9 million in engineering-service revenue during fiscal 2006. As a result of our efforts during the initial phase of this agreement, Kyocera-Mita has indicated that it plans to incorporate new technologies into current product lines, and this should trigger initial licensing revenue from the agreement during the current fiscal year. We expect licensing revenue to continue to grow beginning early next fiscal year as new products currently under development begin to enter the market."
Nellor added, "During the past year, we also established an important new-business strategy designed to leverage the strength of our ASIC (application specific integrated circuit) development capabilities and capitalize on growing demand for new SoC (system-on-chip) technologies. Our non-exclusive SoC design win with an important supplier of semiconductors has confirmed the merits of our SoC strategy, which is intended to bring revenues from chip sales and potential software licensing revenues."
Nellor said that the Peerless' core business performed better than expected during fiscal 2006, thanks in part to significant upgrades that have been made to the Company's monochrome code base. "The tireless work of our engineers and development teams has provided Peerless with a robust product suite and has made us much more relevant to new and prospective customers. The entire Peerless team deserves a great deal of credit for our success during the past year, and I am truly grateful to serve with such a talented and dedicated staff.
"We have entered fiscal 2007 with strong momentum and a range of opportunities that could maintain our growth," Nellor said. "Discussions with OEMs are continuing regarding incorporation of our imaging and networking technologies into traditional controllers. Additionally, we believe our SoC strategy and partnership will provide us with important exposure in the mid- and lower-end imaging markets, where product shipment volumes are high and royalty opportunities are significant."
Guidance
Management anticipates first quarter revenue of between $9.0 million and $9.5 million, and first quarter income of between $1.1 million and $1.6 million, prior to the impact of FASB 123R, which is expected to reduce net income by $50,000 to $100,000. First quarter guidance is dependant upon the receipt of four new licensing agreements totaling $3.7 million, one of which would be a $3.0 million block license. The Company also is expecting $0.1 million to $0.2 million in service revenue from the SoC development agreement and the $2.0 million quarterly revenue from Kyocera-Mita. Because collections on new licensing agreements are expected to occur subsequent to April 30, cash and investments are expected to decline at April 30, but should remain above $12.0 million.
Peerless anticipates total development revenue under the SoC contract will range from $1.5 million to $2.0 million this fiscal year. If the SoC device is commercially successful, royalty revenue from the licensing of software and hardware intellectual property could also be meaningful.
For the full fiscal year ending January 31, 2007, revenue is expected to exceed $40.0 million and the Company expects to report year-over-year growth in net income, even after the impact of FASB 123R. While new technologies are expected for insertion into existing Kyocera Mita products this fiscal year, the Company expects that new products with Peerless technologies will now begin shipping in FY08.
Peerless and Kyocera-Mita have not been able to come to agreement as of yet on the terms of a definitive agreement and have to date continued to operate under the binding MOU. The guidance and other forecasts addressed above assume that Peerless and Kyocera-Mita will enter into definitive agreements that have comparable terms to those contained in the binding MOU, or the parties will continue to operate under the binding MOU.
As always, management and the board of directors will consider all opportunities to enhance the value of the Company, including aggressive marketing of new technologies, development of new market opportunities, raising additional capital, mergers, and/or acquisitions.
Management Update
Nellor said that Bill Neil, who has served as chief financial officer since 2000, has informed the board of his plans to retire. "Bill has been a real asset to Peerless Systems and has played a key role in improving our financial strength and enhancing our planning and reporting processes. Ever since joining the Company in 1998 as corporate controller, Bill has endured a daily four-hour commute to and from the office. Although he and his expertise will be missed, Bill has certainly earned the rest and relaxation he has been seeking at his home near Lake Hughes, California."
Nellor said that Peerless is always looking to enhance the strength of the management team and the Company may retain an executive search firm to secure a replacement for Mr. Neil, who will remain with the Company until his successor is hired.
Peerless Systems Conference Call
Management will hold a conference call to discuss fiscal fourth quarter and full-year results today at 5:00 p.m. Eastern (2:00 p.m. Pacific). Investors are invited to listen to the call live via the Internet at www.peerless.com, or by dialing into the teleconference at 866-362-4832 (617-597-5364 for international callers) and entering the passcode 35179819. Participants should access the website at least 15 minutes early to register and download any necessary audio software. A replay of the webcast will be available for 30 days and an audio replay will be available through April 6, 2006, by calling 888-286-8010 (617-801-6888 for international callers) and entering the passcode 69725556.
About Peerless Systems Corporation
Founded in 1982, Peerless Systems Corporation is a provider of imaging and networking technologies and components to the digital document markets, which include manufacturers of color, monochrome and multifunction office products and digital appliances. In order to process digital text and graphics, digital document products rely on a core set of imaging software and supporting electronics, collectively known as an imaging controller. Peerless' broad line of scalable software and silicon offerings enables its customers to shorten their time-to-market and reduce costs by offering unique solutions for multiple products. Peerless' customer base includes companies such as Canon, IBM, Konica Minolta, Kyocera Mita, Lenovo, OkiData, Ricoh, RISO, Seiko Epson and Xerox. Peerless also maintains strategic partnerships with Adobe and Novell. For more information, visit Peerless' web site at www.peerless.com.
Safe Harbor Statement Under The U.S. Private Securities Litigation Reform Act Of 1995
This press release contains forward-looking statements regarding future events and our future performance that involve risks and uncertainties that could cause actual results to differ materially. In particular, statements regarding the outlook for our future business, financial performance and growth, profitability, product availability, potential applications and successes and the impact on future performance of organizational and operational changes all constitute forward-looking statements. Forward-looking statements also include but are not limited to statements under the heading "Guidance" and statements that relate to the introduction by Kyocera-Mita of new products incorporating our technologies, our ASIC and SoC development activities, our discussions with other OEM's interested in incorporating our color technologies into their products, the prospects for our SoC strategy and any other statements that relate to the intent, belief, plans or expectations of Peerless or its management or any statement that is not a historical fact. Because forecasts are inherently estimates that cannot be made with precision, Peerless' performance at times differs materially from its estimates and targets, and Peerless often does not know what the actual results will be until after a quarter's end and/or year's end. Therefore, Peerless will not report or comment on its progress during a current quarter except through public announcement. Any statement made by others with respect to progress during a current quarter cannot be attributed to Peerless.
Any other statements in this press release that refer to Peerless' expected, estimated or anticipated future results are forward-looking statements. All forward-looking statements in this press release reflect Peerless' current analysis of existing trends and information and represent Peerless' judgment only as of the date of this press release. Actual results may differ materially from current expectations based on a number of factors affecting Peerless' business, including, among other things, changing competitive, and market conditions, the impact of Microsoft's Vista operating system, our ability to sell a new generation of printing technologies to manufacturers of advanced office workgroup products, our research and development capabilities, our ability to recognize revenue from new OEM product lines of high-performance color technology, our ability to maintain and build relationships with our current and future customer base, including Konica Minolta, Novell, Seiko Epson and Kyocera Mita, the timing of licensing revenues and the reduced demand for our existing monochrome technologies, our ability and our partner's ability to find customers for our advanced SoC devices and software, an adverse change in our relationship with Adobe Systems Incorporated or Novell Inc., the possibility that price and other competitive pressures may make the marketing and sale of our products not commercially feasible, technological advances and patents obtained by competitors, the results of any pending or future litigations, investigations or claims and the uncertainty associated with the identification of and successful consummation and execution of external corporate development initiatives and strategic partnering transactions. In addition, matters generally affecting the economy, such as changes in interest and currency exchange rates, international relations and the state of the economy worldwide, can materially affect Peerless' results. Therefore, the reader is cautioned not to rely on these forward-looking statements. Peerless expressly disclaims any intent or obligation to update these forward-looking statements except as required to do so by law.
Additional information concerning the above-referenced risk factors and other risk factors can be found in Peerless' periodic public filings with the Securities and Exchange Commission, including the discussion under the heading "Certain Factors and Trends Affecting Peerless and its Businesses" in Peerless' most recent Annual Report filed on Form 10-K for the fiscal year ended January 31, 2005 and Peerless' most recent quarterly report filed on Form 10-Q for the quarter ended October 31, 2005. Copies of Peerless' press releases and additional information about Peerless is available at www.Peerless.com or you can contact the Peerless Investor Relations Department by calling (562) 366-1552.
PEERLESS SYSTEMS CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share amounts)
Three Months Ended
January 31,
2006 2005
Revenues:
Product licensing $6,689 69.4% $6,790 82.0%
Engineering services
and maintenance 2,714 28.2% 833 10.1%
Hardware sales 235 2.4% 658 7.9%
Total revenues 9,638 100.0% 8,281 100.0%
Cost of revenues:
Product licensing 1,721 17.9% 1,192 14.4%
Engineering services
and maintenance 2,241 23.2% 885 10.6%
Hardware sales 182 1.9% 494 6.0%
Total cost of
revenues 4,144 43.0% 2,571 31.0%
Gross margin 5,494 57.0% 5,710 69.0%
Operating expenses:
Research and
development 1,676 17.4% 2,692 32.5%
Sales and marketing 889 9.2% 760 9.2%
General and
administrative 1,197 12.4% 1,127 13.7%
Total operating
expenses 3,762 39.0% 4,579 55.4%
Income from operations 1,732 18.0% 1,131 13.6%
Other income (expense) 24 0.2% (10) -0.1%
Income before income
taxes 1,756 18.2% 1,121 13.5%
Provision for income
taxes 1 0.0% 1 0.0%
Net income $1,755 18.2% $1,120 13.5%
Basic earnings per
share $0.10 $0.07
Diluted earnings per
share $0.09 $0.07
Weighted average common
shares outstanding
- basic 16,770 16,004
Weighted average common
shares outstanding
- diluted 19,312 16,410
PEERLESS SYSTEMS CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share amounts)
Twelve Months Ended
January 31,
2006 2005
Revenues:
Product licensing $21,021 58.1% $18,163 78.7%
Engineering services
and maintenance 11,921 33.0% 2,664 11.5%
Hardware sales 3,215 8.9% 2,251 9.8%
Total revenues 36,157 100.0% 23,078 100.0%
Cost of revenues:
Product licensing 6,499 18.0% 4,318 18.7%
Engineering services
and maintenance 8,085 22.4% 3,353 14.5%
Hardware sales 2,464 6.8% 1,142 5.0%
Total cost of
revenues 17,048 47.2% 8,813 38.2%
Gross margin 19,109 52.8% 14,265 61.8%
Operating expenses:
Research and
development 5,729 15.8% 11,723 50.8%
Sales and marketing 3,481 9.6% 3,668 15.9%
General and
administrative 5,552 15.4% 4,551 19.7%
Total operating
expenses 14,762 40.8% 19,942 86.4%
Income (loss) from
operations 4,347 12.0% (5,677) -24.6%
Other income (expense) (4) -0.0% 23 0.1%
Income (loss) before
income taxes 4,343 12.0% (5,654) -24.5%
Provision for income
taxes 29 0.1% 151 0.7%
Net income (loss) $4,314 11.9% $(5,805) -25.2%
Basic earnings (loss)
per share $0.26 $(0.37)
Diluted earnings (loss)
per share $0.23 $(0.37)
Weighted average common
shares outstanding
- basic 16,496 15,891
Weighted average common
shares outstanding
- diluted 18,465 15,891
PEERLESS SYSTEMS CORPORATION
CONSOLIDATED BALANCE SHEETS
(in thousands)
January 31, January 31,
2006 2005
ASSETS
Current assets:
Cash and cash equivalents $13,220 $5,099
Short-term investments -- 1,397
Trade accounts receivable, net 2,128 2,037
Unbilled receivables 3,032 952
Inventory -- 688
Prepaid expenses and other current assets 559 397
Total current assets 18,939 10,570
Property and equipment, net 904 1,382
Other assets 191 695
Total assets $ 20,034 $12,647
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $479 $870
Accrued wages 693 410
Accrued compensated absences 872 754
Accrued product licensing costs 4,325 2,364
Other current liabilities 743 470
Deferred revenue 708 897
Total current liabilities 7,820 5,765
Other liabilities 275 418
Total liabilities 8,095 6,183
Stockholders' equity:
Common stock 16 16
Additional paid-in capital 50,940 49,761
Accumulated deficit (38,925) (43,239)
Accumulated other comprehensive income 21 39
Treasury stock (113) (113)
Total stockholders' equity 11,939 6,464
Total liabilities and
stockholders' equity $20,034 $12,647
--------------------------------------------------------------------------------
Source: Peerless Systems Corporation
i dont care,, odds are he just bought in,,, the market is giving more value to stocks with no debt. niche' co's are banking.
key stats say,, stock could see $12 soon.
http://finance.yahoo.com/q/ks?s=PRLS
be back later in the week.
my friend said it got picked on tv,, he ran it by me cause i like niche companies so much. i looked it over and bought in the posted range.
ps- keep eagl on your watchlist for a short/puts,, company should have expanded on lost govt contract in recent e's...they barely hinted to it,, some yahoo poster had to find the info on a govt page. they already have some sort of issue w/mgmt,,,, there may be more stink there than the street thinks.
email pick from a fellow traders,, 9.47-9.50 PRLS i like it,, just niche enough and key stats are very good.
see you guys friday or so,, i wont be trading thursday:(
if aapl drops soon,, alot of traders are gonna be pissed at cramer. traders keep selling the rallies. msft news doesnt automatically mean people buy macs,, more like 'show me the money' imho. if it give up 61.50 again,, its on its way to 52-55
yhoo block on me awhile ago..cant post until later in the day.
http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=7084396&tid=grow&sid=708...
answer is yes,, i know traders who post stocks 'to test the waters' i dont do that. if i like it,,i buy it,, then i post it. and at any given time anyone can ask what im watching but havent entered yet.
spab looking decent today-not in,, i like HSR instead.- dead right now but i have time.
sorry,, i'll have to pass i wont go for trades i wouldnt want a friend to go on vacation and feel fine about his port.
my point is more people in america are at risk of rat turd dust infections than birdflu. and it isnt anything new other than maybe the breeding grounds of late in nola.. so dont fall into being a gullible/emotional trader
'BREAKING NEWS: NEW WAY TO PLAY BIRDFLU: PESI WILL PICK UP THE TRASH AND DO ALL KINDS OF CLEANING IN THE EVENT THE BIRDS FALL OUT OF THE SKY THIS WILL JUST ADD TO THEIR EXISTING WORK IN NOLA ETC!
QUICK CALL CNBC!
yip,, notice today SNY (a birdlfu benefactor) finally went up and stalled at the first birdflu hype post) sny is not a 1 trick pony,, but it has issues of late with the fda.. and SVA is all about mm's ramping up the stock so the insider can sell their options packages.
deo- i know all about the 'news' im just not 'buying it' for these reasons
those who keep pushing it WONT short health/med insurance
they wont short/sell oil-- because if birdflu were such a risk,, then the world would come to a dead stop,, including oil demand
those who have spread the fear talk about wearing a silly mask,, not getting a shot,, and why the hell would they want to be around other people if they really thought it was the next plague?
100+ people have died world wide,, in less than 'clean areas,, they handled/were exposed to dead infected birds' just like deertick or any other kind of natural/evolved killer few are actually EXPOSED.. more people have aids,cancer or some other ailment. (truth be known i think most people are just drug/physician addicts. (ps- heavy med in family)
are you gonna get a shot? we/i are not going to be test rats for that 'pandemic' and we arent going to play with dead birds either.
bit of a short squeeze in mogn- birdflu free,, just plain and simple cancer.
youre right,, good grief i sure misread that! big sorry, didnt meant to mislead anyone.
ahr 10.99+/- paying a .58 div (10%) for those on record 4-1
usa-8.35,, not really down since last post,, theres a div in there paydate is march 20,, but the mm's already priced it in,,, anyway,, if the markets decide to take a breather,, these stocks paying a div tend to get accumilated for the next divdate.
fund performance has to be put into perspective per the sectors that have been strong. ie: sister fund ASG was all about growth stocks,, so it has a better performance.
sidenote: RONC ROCKED!!!!!!! got noticed a few days later.
http://www.thelion.com/bin/forum.cgi?tf=wall_street_pit&msg=908569&cmd=read
lol,,, better move my status to friend :)
USA 8.58 should go into pretty decent play in about 2 days.
shw dropping,, USG should drop soon enough 86.34
etlt all the rage--i 'hear' its just getting discovered,, i sold mine in nov on the spike.
if any of you are interested in very low vol otc stocks,, (usually you can get a fill at bid if you sit long enough) RSHF .24x.25,,, sort of a mini etrade........ exactly the kind of company i would like to see GROW take on some debt to buy. TRAD is the one the daytraders usually 'play'
qmci-(.45x.47)is data stock,, worth looking at
just cruising the net,,, lost your email,, asked deac for it sometime back,,,, but he may have forgotten.
cant post much cause of that 15post rule.
you guys gonna let me post otc stocks every now and then? :)
long time 'no see'-----actually had to get the link to this site from a poster at the pit.
anyway,, i dont intend to post much (refuse to pay to post thing) some of you might want to keep an eye on USA-8.50+/-,,, paying a div soon.
prvb- doing me right as usuall,, noticed many otc's are doing me right,, yesterday MLPH had a nice pop w/vol... tried to give that one away a few weeks ago-------------no interest.
at risk of 'spamming' you guys.. keep an eye on TNSB and VFIN both are otc.
i think most traders have forgotten JST for the 'china momo'--(worth being long in that one imho.)
got a whole list of them,, otc,,, reg,, and having fun in options land.
ignore that link to my old website, i took that down some time ago.
$nikk +117,,Japanese Stocks Rise on Election Results; Mizuho, UFJ Lead Gain
July 12 (Bloomberg) -- Japanese stocks rose as the outcome of the nation's upper house election eased concern Prime Minister Junichiro Koizumi would lose support from the ruling party, which would disrupt efforts to spur economic growth.
Banks such as Mizuho Financial Group Inc. and UFJ Holdings Inc. led the advance. Stocks also got a boost after the Nihon Keizai newspaper reported the central bank will probably say tomorrow the economy is growing faster than initially projected.
The ruling Liberal Democratic Party won 49 seats, compared with 50 seats for the opposition Democratic Party of Japan. The LDP and its New Komeito coalition partner needed 43 seats to retain majority control.
been wondering if the street players would gap C (45.03) +3-(actually anything over 47),, yeah that is alot,, any gap up that held would be quite interesting. sometime this week or next, would be the prime time to do it,, or suck it down and tight for the next few days, heck even shoot for a mini gap down or find 44. Then reverse.
you too pup -tag
L'Oreal SA said second- quarter sales rose less than expected and Carrefour SA trimmed a full-year revenue forecast. Henkel KgaA slid.
L'Oreal, the world's biggest cosmetics maker, led declines on the Dow Jones Stoxx 50 as it cited a lack of demand for mass- market brands in Western Europe. Carrefour, the region's No. 1 retailer, also fell. It said revenue slipped at its superstores in France, the company's single biggest market.
RunninAmuck, yip round 1 of ?, Real shame if true, and I hope it isnt, but you have to side with caution. Plenty of room to the upside in pharms while the uts work it out.
lol :)