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gapper pick: LLNW news re. Nintendo Wii downloading contract
Limelight Networks to Provide Content Delivery Services for Nintendo's Wii Console
Wednesday September 3, 12:58 pm ET
dynamic
last10days
note how the lod is usually in the last hour of the day and the hod reached at the open or in the first hour of the next day
a standing order to buy LLNW at 3.70 and sell at 3.90 would have yielded 5% gains 4x in the last 10 sessions
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
GHDX publishes study in Journal of Clinical Oncology on node-positive breast cancer patients
Genomic Health Announces Publication of a Study Comparing Oncotype DX(R) and Adjuvant! Online in Node-Negative and Node-Positive Hormone Receptor-Positive Breast Cancer Patients
Wednesday September 3, 8:30 am ET
- Results Indicate Oncotype DX May Be Used to Tailor Chemotherapy Regimens in Breast Cancer Patients with up to Three Positive Nodes -
http://biz.yahoo.com/prnews/080903/aqw521.html?.v=26
URRE Bloomberg recap of bull case
Uranium Resources Takeover Looms as Stock Price Drops (Update1)
By Kelly Riddell
http://www.bloomberg.com/apps/news?pid=email_en&refer=home&sid=ajeLeepF17Nc
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
SDTH
Q208 conf call transcript
http://seekingalpha.com/article/91516-shengdatech-inc-q2-2008-earnings-call-transcript
ShengdaTech Reports Blow-Out Quarter
http://seekingalpha.com/article/91742-shengdatech-reports-blow-out-quarter
needs institutional buyside support
GEOY got a spot on Science friday on public radio last week
was in a car travelling the midwest and caught the back end of it
http://www.sciencefriday.com/program/archives/200808296
nice fluffy
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
[chart]images.beggerlybend.com/statfrac/cosmos_s.gif>
gapper: CAEI bullish marubozu
some definite accumulation in the last hour or so
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
ZINC
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
8K out re. the termination of NewSight agreement
http://biz.yahoo.com/e/080827/rnin8-k.html
neither SRS or SKF had decent liquidity for months
but with SKF you had a few folks who knew how awful the housing sector was going to get and by late summer
SKF didn't have a 100,000 share trade day until the end of June, and a million share trade until the end of July after opening in February
Baltic Dry index; pls post link to chart
SEA anyone who buys any etf in the first week or month of trading is asking for trouble
look at the wind ETF plays: FAN PWND as prime examples
only if the etf is trading a a signif discount to it's components' valuations, and you feel strongly that the underlying index is deeply oversold would you want to dip your toes into waters of unknown depth and currents
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
SEA will be interesting to see when capital link starts mentioning the new etf and how they perceive it
http://shipping.capitallink.com/
this is my primary source on sector info for shipping
OT i guess your name sez it all LOL
if you click on the reference link on the post you replied to you will see initial DD on SEA
Dry Bulk Shipping overview
from a link on Capital Link Shipping Message boards
http://www.gencoshipping.com/industry.html
Drybulk Carrier Industry Overview
The marine industry is an essential link in international trade, with ocean-going vessels representing the most efficient, and often the only method of transporting large volumes of basic commodities and finished products. In 2006, approximately 2.7 billion tons of drybulk cargo was transported by sea, comprising more than one-third of all international seaborne trade.
Drybulk cargo is shipped in large quantities and can be easily stowed in a single hold with little risk of cargo damage. Drybulk cargo is generally categorized as either major bulk or minor bulk. Major bulk cargo constitutes the vast majority of drybulk cargo by weight, and includes, among other things, iron ore, coal and grain. Minor bulk cargo includes products such as agricultural products, mineral cargoes (including metal concentrates), cement, forest products and steel products and represents the balance of the drybulk industry.
In terms of seaborne trade volumes (and the shipping ton-miles generated), the dominant influence is that of the major bulk trades, which include coal, iron ore and grains.
Steel-Related Commodities
Iron Ore
Iron ore is used as a raw material for the production of steel along with limestone and coking coal. Steel is the most important construction and engineering material in the world. In 2006, approximately 721million tons of iron ore was exported worldwide, with the main importers being China, the European Union, Japan and South Korea. The main producers and exporters of iron ore are Australia and Brazil.
Coking Coal
Coal is an abundant commodity. At current production rates, coal reserves would provide approximately 200 years of supply, compared with 41 years for oil and 67 years for natural gas. In addition, coal is mined in more than 50 countries with no world dependence in any one region. Coking (metallurgical) coal is used to produce coke to feed blast furnaces in the production of steel. An increase in seaborne transportation of coking coal has been primarily driven by an increase in steel production. The increase in import activity has occurred in a number of regions. Currently, Asia and Western Europe are major importers of coking coal. Australia and Indonesia provide a significant amount of coking coal to Asia, while South Africa and the United States are major sources for Western Europe.
Steel Products
Major importers of steel products are China, the United States and South East Asia. Major exporters of steel products are Japan, Russia and Western Europe. Handymax and Handysize vessels are typically preferred for transporting steel products. For voyages that span the Atlantic and Pacific Ocean, Handymax vessels are frequently used on shorter routes involving intra-Asian and intra-European trades.
Steam Coal
Steam coal is primarily used for power generation. A number of developing countries have decided to capitalize on the recent dramatic increase in oil and gas prices to build new power plants that utilize coal. This has resulted in significant growth in the steam coal trade. The most dramatic growth has occurred in China and Indonesia, both of which have increased their export capacity in the intra-Asian market. Furthermore, in the global market for steam coal, China is a major importer and Australia is the largest exporter.
Asian coal is primarily traded in Capesize and Panamax tonnage. European countries tend to import steam coal from exporters in the Atlantic region using Panamax vessels.
Grain
Grains include wheat, coarse grains (corn, barley, oats, rye and sorghum) and oil seeds extracted from different crops such as soybeans and cottonseeds. In general, wheat is used for human consumption, while coarse grains are used as feed for livestock. Oil seeds are used to manufacture vegetable oil for human consumption or for industrial use, while their protein-rich residue is used as a raw material in animal feed.
Total grain production is dominated by the United States. Argentina is the second largest producer followed by Canada and Australia. In terms of imports, the Asia/Pacific region (excluding Japan) ranks first, followed by Latin America, Africa and the Middle East. The principal vessel classes used in the grain trade are Panamax and Handymax.
Minor Bulks
Forest Products
Over the past decade, seaborne transportation of forest products has increased by approximately 30 million tons. South America has increased its export market share, with an emphasis on the export of wood pulp and lumber. The emphasis on wood pulp and lumber export can be tied directly not only to the increase in wood pulp and sawmill capacity, but also to plantations that have taken advantage of their large wood reserves, which coincided with higher growth of such raw materials. The largest importers of wood products are China, Japan, the United States and Western Europe. The positive trend in the transportation of wood products has benefited Handymax and Handysize vessels, which are the vessels typically employed to transport these products.
Other Minor Bulks
The balance of drybulk trade is represented by agricultural cargoes, bauxite and alumina, fertilizers and cement. Minor bulks are typically transported by smaller vessels of less than 40,000 dwt.
Drybulk Carrier Demand
The demand for drybulk carrier capacity is determined by the underlying demand for commodities transported in drybulk carriers, which in turn is influenced by trends in the global economy. Seaborne drybulk trade increased by slightly more than 2% on an average annual basis during the 1980s and 1990s. However, this rate of growth has increased dramatically in recent years. Between 1999 and 2006, trade in all drybulk commodities increased from 2.0 billion tons to 2.5 billion tons, an increase of 35% overall.
Generally, growth in gross domestic product and industrial production correlates with peaks in demand for seaborne transportation. Certain economies will act from time to time as the "primary driver" of the drybulk carrier market. In the 1990s, Japan acted as the primary driver due to increased demand for seaborne trade and growth in Japanese industrial production. China has been the main driving force behind the recent increase in seaborne drybulk trades and the demand for drybulk carriers.
Ton-Miles
The extent to which increases in drybulk trade have affected demand for drybulk carriers is reflected in estimates of ton-mile demand. Ton-mile demand is calculated by multiplying the volume of cargo moved on each route by the distance of the voyage. Between 1999 and 2004, ton-mile demand in the drybulk sector increased by a total of 25% to 11.5 billion ton-miles.
Drybulk carriers can be the most versatile element of the global shipping fleets in terms of employment alternatives. However, drybulk carriers seldom operate on round-trip voyages. Rather, the norm is port-to-port liner service and triangular or multi-leg voyages. This means that every voyage has a ballast leg that must be paid for by the laden or revenue earning leg. Hence, trade distances assume greater importance in the demand equation.
Seasonality
The three largest commodity drivers of the drybulk industry, iron ore, steam coal and grains, are all affected by seasonal demand fluctuations. Steam coal is linked to the energy markets and in general encounters upswings towards the end of the year in anticipation of the forthcoming winter period as power supply companies try to increase their stocks, or during hot summer periods when increased electricity demand is required for air conditioning and refrigeration purposes. Grain production is highly seasonal and driven by the harvest cycle of the northern and southern hemispheres. However, with four nations and the European Union representing the largest grain producers (the United States, Canada and the European Union in the northern hemisphere and Argentina and Australia in the southern hemisphere), harvests and crops reach seaborne markets throughout the year.
Drybulk Carrier Supply
The worldwide drybulk carrier fleet subdivides into four vessel size categories, which are based on cargo carrying capacity.
Capesize-vessels over 80,000 dwt. While this is the traditional definition of a Capesize bulk carrier, in terms of deadweight, the sector is changing. As per the orderbook detailed below, there have been a number of new super-Panamaxes ordered, which are 82,000 dwt to 85,000 dwt, but which are able to transit the Panama Canal with a full cargo. Thus, a more modern definition of Capesize would be based on vessels over 100,000 dwt. The Capesize sector is focused on long haul iron ore and coal trade routes. Due to the size of the vessels there are only a comparatively small number of ports around the world with the infrastructure to accommodate them.
Panamax-vessels between 60,000 dwt and 80,000 dwt. Panamax vessels, defined as those with the maximum beam (width) of 32.2 metres permitted to transit the Panama Canal, carry coal, grain and, to a lesser extent, minor bulks, including steel products, forest products and fertilizers.
Handymax-vessels between 30,000 dwt and 60,000 dwt. The Handymax sector operates in a large number of geographically dispersed global trades, mainly carrying grains and minor bulks including steel products, forest products and fertilizers. Vessels less than 60,000 dwt are built with on-board cranes that enable them to load and discharge cargo in countries and ports with limited infrastructure.
Handysize-vessels up to 30,000 dwt, which carry exclusively minor bulk cargoes. Historically, the Handysize drybulk carrier sector was seen as the most versatile. Increasingly, however, this has become more of a regional trading, niche sector. The vessels are well suited for small ports with length and draft restrictions and also lacking infrastructure.
Key elements influencing the supply of drybulk carriers are vessel deliveries and the loss of existing vessels through scrapping or other circumstances requiring removal. A comparison of vessels in each category reveals that Capesize vessels have the largest percentage of current fleet on order when compared to the Panamax, Handymax and Handysize categories.
The number of ships removed from the fleet in any period is dependent upon prevailing market conditions, scrap prices in relation to current and prospective charter market conditions as well as the age profile of the existing fleet. Generally, as a vessel increases in age its operational efficiency declines due to rising maintenance requirements, to the point where it becomes unprofitable to keep the ship in operation.
The supply of drybulk carriers is not only a result of the number of ships in service, but also the operating efficiency of the worldwide fleet. For example, port congestion can absorb additional tonnage and therefore tightened the underlying supply/demand balance.
The international drybulk shipping industry is highly fragmented and is divided among state controlled and independent drybulk vessel owners. As a general principle, the smaller the cargo-carrying capacity of a drybulk vessel, the more fragmented is its market, both with regard to charterers and vessel owners/operators.
There remains significant potential for industry consolidation within each vessel type, especially in the Handysize, Handymax and Panamax sectors in which we currently operate.
Charter Market
Drybulk carriers are employed in the market via a number of different chartering options. The general terms typically found in these types of contracts are described below.
A "bareboat charter" involves the use of a vessel usually over longer periods of time ranging over several years. In this case all voyage related costs, including vessel fuel and port dues as well as all vessel-operating expenses such as day-to-day operations, maintenance, crewing and insurance, transfer to the charterer's account. The owner of the vessel receives monthly charter hire payments on a per-day basis and is responsible only for the payment of capital costs related to the vessel.
A "time charter" involves the use of the vessel, either for a number of months or years or for a trip between specific delivery and redelivery positions, known as a trip charter. The charterer pays all voyage-related costs. The owner of the vessel receives semi-monthly charter hire payments on a per-day basis and is responsible for the payment of all vessel operating expenses and capital costs of the vessel.
A "voyage charter" or "spot charter" involves the carriage of a specific amount and type of cargo on a load-port to discharge-port basis, subject to various cargo handling terms. Most of these charters are of a single voyage nature, as trading patterns do not encourage round voyage trading. The owner of the vessel receives one payment derived by multiplying the tons of cargo loaded on board times the agreed upon freight rate expressed on a per-ton basis. The owner is responsible for the payment of all expenses including voyage, operating and capital costs of the vessel. Chartering on a single voyage or a trip charter basis may be referred to as spot chartering activity.
A "contract of affreightment" relates to the carriage of multiple cargoes over the same route and enables the COA holder to nominate different ships to perform the individual sailings. Essentially it constitutes a number of voyage charters to carry a specified amount of cargo during the term of the COA, which usually spans a number of years. All of the ship's operating, voyage and capital costs are borne by the ship owner. The freight rate normally is agreed on a per cargo-ton basis.
Charter Rates
Charter hire rates paid for drybulk carriers are primarily a function of the underlying balance between vessel supply and demand, although at times other factors may play a role. Furthermore, the pattern seen in charter hire rates is broadly mirrored across the different charter types and between the different drybulk carrier categories. However, because demand for larger drybulk vessels is affected by the volume and pattern of trade in a relatively small number of commodities, charter hire rates (and vessel values) of larger ships tend to be more volatile than those for smaller vessels. Conversely, trade in minor bulks drives demand for smaller drybulk carriers. Accordingly, charter hire rates and vessel values for those vessels are subject to less volatility.
In the time charter market, rates vary depending on the length of the charter period and vessel specific factors such as age, speed and fuel consumption. Short-term time charter hire rates are generally higher than long-term charter hire rates. The market benchmark tends to be a 12-month time charter hire rate, based on a vessel of five to ten years age.
In the voyage charter market, rates are influenced by cargo size, commodity, port dues and canal transit fees, as well as delivery and redelivery regions. In general, a larger cargo size is quoted at a lower rate per ton than a smaller cargo size. Routes with costly ports or canals generally command higher rates than routes with low port dues and no canals to transit. Voyages with a load port within a region that includes ports where vessels usually discharge cargo or a discharge port within a region with ports where vessels load cargo also are generally quoted at lower rates, because such voyages generally increase vessel utilization by reducing the unloaded portion (or ballast leg) that is included in the calculation of the return charter to a loading area.
Within the drybulk shipping industry, the charter hire rate references most likely to be monitored are the freight rate indices issued by the Baltic Exchange. These references are based on actual charter hire rates under charters entered into by market participants as well as daily assessments provided to the Baltic Exchange by a panel of major shipbrokers.
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
hot off the ETF press: Global Shipping Index SEA
another example, like PBW, to play a sector without single ticker risk
An ETF for the Movement of Stuff
08/26/08 - 01:11 PM EDT
http://www.thestreet.com/s/an-etf-for-the-movement-of-stuff/funds/etf-update/10434665.html?puc=_htmlbooyah
The Delta Global Shipping Index includes
companies that derive at least 80% of their revenues from the seaborne transport of goods
or the operating and/or leasing of ships. Additionally, constituents must have market
capitalizations of at least $250 million and a 30-day average daily trading volume of at
least $2 million.
http://www.claymore.com/common/DisplayLiterature.aspx?ID=d3051c24-77a1-4d54-9d8d-3e83b85f44ae
The Claymore/Delta Global Shipping Index ETF
http://www.claymore.com/fund/Overview.aspx?ID=d34ed598-744c-4d13-b244-9af700bac77a
Top Fund Holdings as of 8/26/08
Name Weighting
EUROSEAS LTD 4.60 %
SEASPAN CORP 4.32 %
PARAGON SHIPPING INC 4.07 %
OCEANFREIGHT INC 4.07 %
DIANA SHIPPING INC 4.05 %
GOLDEN OCEAN GROUP LTD 4.04 %
DHT MARITIME INC 4.00 %
STAR BULK CARRIERS CORP 3.94 %
DANAOS CORP 3.93 %
NAVIOS MARITIME HOLDINGS 3.91 %
HORIZON LINES INC 3.89 %
TEEKAY TANK-CL A 3.76 %
FRONTLINE LTD 3.75 %
KNIGHTSBRIDGE TA 3.68 %
TSAKOS ENERGY NAVIGATION 3.64 %
GENCO SHIPPING & TRADING 3.55 %
SHIP FINANCE INTERNATIONAL LTD 3.50 %
GENERAL MARITIME 3.49 %
TEEKAY LNG PARTNERS 3.43 %
EAGLE BULK SHIPPING INC 3.30 %
ALEXANDER & BALDWIN INC 2.79 %
NIPPON YUSEN KK 2.53 %
DRYSHIPS INC 2.47 %
OVERSEAS SHIPHOLDING GROUP 2.37 %
EXCEL MARITIME CARRIERS 2.35 %
GEOY another case for a bullish view
Activist: GeoEye's Seeing Things My Way
2008-08-25 14:22:37.0
http://www.thestreet.com/story/10434529/1/activist-geoeyes-seeing-things-my-way.html
here is a link to the latest articles from fernandez also:
http://peakstocks.com/topic/company-posts/geoeye-nasdaq-geoy
IPII gapper picks should be clocked from post for entry & not eod close, eh?
2.65x2.70
GLBL hodeod... can i change my gapper pick? never mind 3.35 nutso
at least GLBL is a real business
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
gapper pick IPII hurricane play
could easily be a gapper/crapper
i'm not in
building materials play for possible hurricane damage; has a demonstrated history post katrina of front running upmoves in anticipation of storm damage
copper & PCU redux (6mo dynamic)
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
COMV another pinch
i do not know why it has collapsed to this level
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
TIE classicly "on fire" "en fuego" "yabba dabba doooo land"
trading like shorts are trapped
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
APWR reports Q208; stock sells off; on watch; listened to conf call
Pavel Molchanov, the analyst from Raymond James asked about sourcing issues & gross margins coming
Raymond James reiterated their strong buy and a target of $32:
We reiterate our Strong Buy rating and $32.00 target price, based on a ~16.5x multiple to our new 2009 EPS estimate, which we believe is warranted given our view that the company can achieve three-year compounded EPS growth of at least 25%.
Robert Sussman from Bentley Capital asked about monetizing their rights to build and operated seven sites for wind farms, outlined in the 20-F. I didn't see this in the annual report:
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001144204%2D08%2D039652%2Etxt&FilePath=%5C2008%5C07%5C11%5C&CoName=A%2DPOWER+ENERGY+GENERATION+SYSTEMS%2C+LTD%2E&FormType=20%2DF&RcvdDate=7%2F11%2F2008&pdf=
A-Power Reports Financial Results for the Three and Six Months Ended June 30, 2008 & Reaffirms 2008 Earnings Guidance
Monday August 25, 8:00 am ET
Highlights
-- Revenue for the first six months of 2008 increased to $98.1 million, up 37% from the same period in the prior year
-- Net income for the first six months of 2008 increased to $9.1 million, up 18.6% from the same period in the prior year
-- Cash position of $91.2 million as of June 30, 2008, up from $35.8 million at the end of 2007
-- Backlog of approximately $650 million as of August 20, 2008
-- Reaffirms 2008 earnings guidance of $35 to $45 million
http://biz.yahoo.com/bw/080825/20080825005409.html?.v=1
safest entry will be a break above the ema8 next week after the momentum players are done selling
this site has a series of reports on APWR
A-Power (Nasdaq:APWR) Reports Modest Results for Q2, We See Opportunity on Weakness
Aug 25, 2008
http://www.smallcappulse.com/index.php/articles/detail/a_power_nasdaqapwr_reports_modest_results_for_q2_we_see_opportunity_on_weak
A-Power (Nasdaq:APWR) Pullback Represents More Buying Opportunity in Our Opinion
Jul 08, 2008
http://www.smallcappulse.com/index.php/articles/detail/a_power_nasdaqapwr_pullback_represents_more_buying_opportunity_in_our_opini/
A Case for Wind Energy in China - And A-Power Energy (Nasdaq:APWR) Remains Our Pick
Jun 24, 2008 http://www.smallcappulse.com/index.php/articles/detail/a_case_for_wind_energy_in_china_and_a_power_energy_nasdaqapwr_remains_our_p/
A-Power (Nasdaq:APWR) Reports Solid Results
http://www.smallcappulse.com/index.php/forums/viewthread/57/
Buy A-Power (Nasdaq:APWR) For Exposure to China’s Growing Energy Markets
May 16, 2008
http://www.smallcappulse.com/index.php/articles/detail/buy_a_power_nasdaqapwr_for_exposure_to_chinas_growing_energy_markets/
here is a recap from a 'long' who posted in alpha
A-Power Energy Earnings/Guidance Remain in Line, Wind Business on Track
by: Trader Mark posted on: August 25, 2008
http://seekingalpha.com/article/92512-a-power-energy-earnings-guidance-remain-in-line-wind-business-on-track
A-Power Reaches an Agreement to Develop a $300 Million, 600MW Distributed Power Generation System in Thailand
http://biz.yahoo.com/bw/080723/20080723005687.html?.v=1
A-Power Signs an MOU to Construct a New 290,000 Square Foot Wind Turbine Production Facility in Inner Mongolia - Local Government Agrees to Promote A-Power Turbines and Generate Orders
Monday July 14, 9:15 am ET
http://biz.yahoo.com/bw/080714/20080714005563.html?.v=1
A-Power Expands Cooperation with Fuhrlander AG and Gains Rights to Produce Additional Wind Turbines of Varying Sizes
Friday July 11, 9:44 am ET
http://biz.yahoo.com/bw/080711/20080711005304.html?.v=1
Union Investor Relations
Ian Shanno, 310-928-3780
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
more on wind energy from Cramer
http://12degreesoffreedom.blogspot.com/
TIE you beat me to the punch
Najarian was commenting on TIE on Fast Money
Oct 12.5 calls traded over 63,000 contracts on open interest of 1534
Oct 18 2008 Calls | 54 Days to Expiration
Sep 20 2008 Calls | 26 Days to Expiration
Symbol Bid Ask Type Last Change Vol Op Int
+TIEIU 5.30 5.70 S 4.90 0.00 0 75
+TIEIB 3.00 3.10 S 3.10 0.85 631 1,303
+TIEIV 1.25 1.30 S 1.25 0.65 9,007 7,575
+TIEIC 0.35 0.40 S 0.40 0.30 7,479 7,189
+TIEIW 0.15 0.20 S 0.15 0.10 2,695 2,784
+TIEID 0.05 0.10 S 0.10 0.05 155 5,201
Strike
7.50
10.00
12.50
15.00
17.50
20.00
Symbol Bid Ask Type Last Change Vol Op Int
+TIEJU 5.30 5.60 S 5.50 1.50 30 20
+TIEJB 3.10 3.40 S 3.40 0.95 293 15
+TIEJV 1.65 1.70 S 1.65 0.55 63,289 1,534
+TIEJC 0.70 0.80 S 0.70 0.35 4,569 381
+TIEJW 0.30 0.35 S 0.32 0.17 397 115
+TIEJD 0.10 0.20 S 0.15 0.00 277 0
Strike
7.50
10.00
12.50
15.00
17.50
20.00
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
gapper pick: CPSL
gapper pick: CSUN on eod move
chart in ref post
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
goodbye revs.? from NewSight
NewSight Corporation Surrenders Collateral to Wireless Ronin Upon Maturity of Its $2.4 Million Note
Thursday, August 21, 2008
http://biz.yahoo.com/pz/080821/149023.html
Agreement announced for the continued operation of Meijer in-store network by Ronin
Friday, August 22, 2008; Posted: 10:49 AM
http://www.tradingmarkets.com/.site/news/Stock%20News/1841017/
Copper
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
OMNI
gapper MEA and why not!
MEA
going up
PCU on verge of a double on the calls
CNBC mentioned the unusual option activity a few minutes ago which spiked the stock
26.25 might be resistance for a while?
Wind Energy plays
a friend asked me about the sector...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30219484 this is my original DD link on the new ETF for wind energy which is remarkable for its focus on the global leaders
It has declined steadily since inception.
a 2nd etf that i haven't looked at began trading in July: PWND
http://seekingalpha.com/article/83421-look-what-s-blowin-in-the-new-wind-etfs
http://seekingalpha.com/article/90017-the-year-ahead-for-us-wind
this last article discusses the subsidy situation. last time we spoke you were musing about carbon credits.
getting gov't gooses to spur alternative energy deployments might be the key to timely investing.
this article also discusses how PWND has more focus on pure plays then FAN. e.g. both Siemens and GE are big players in wind energy, but both are multinationals and wind systems are a very small piece of their revs. FPL is a very large player in wind energy in the U.S. but they are a Florida-based utility and i don't know what % of their revs or earnings come from wind.
this link compares the 2 etfs:
http://www.checkthemarkets.com/index.php?option=com_content&task=view&id=721&Itemid=98
Most of the "engines" here in the midwest seem to use Vestas Systems. I was in Iowa last week. FPL has a very large windfarm north of Mason City IA [powered by Vestas systems i think.
here's a great article on the history of Vestas:
http://www.iwoe.unisg.ch/org/iwo/web.nsf/SysWebRessources/Wue_vestaspaper_03-07-09/$FILE/Vestas_Paper_final.pdf
note how they went bankrupt when subsidies dried up 20 years ago.
Towers and blades are getting bigger. I am not sure who are the beneficiaries here. ZOLT is a carbon fiber company and may get their act together for wind energy:
http://www.zoltek.com/aboutus/news/45/
They are supposed to have Gamesa and Vestas as customers. it's lost 2/3 of it's value in the last year.
American Superconductor (AMSC) is a $1.5 billion company that makes electronic converters and superconductors for wind turbines. The burgeoning Chinese wind power industry is already hooked on their products. Quarterly revenue growth is 101%. As the price of oil goes up, more countries (including America) will be monetizing wind.
http://seekingalpha.com/article/87293-five-american-innovators-to-buy-during-the-current-downturn
if you want a little company you might check out this link
http://seekingalpha.com/article/40840-12-wind-powered-stocks-for-your-portfolio
Cramer has been talking wind since the late spring:
http://www.stockpickr.com/problog/844/
this is more than enough to whet your appetite i'm sure. let me know if something you find really strikes your fancy
gapper: ENG
NewSight deadline passed
i wonder wonder wonder wonder WHO?
Rotation Day: Steels, Nat.Gas, heavy machinery, exploration
JOYG BUCY
GGB ZEUS
CHK GDP HK PDO FPP BEXP
YTEC after the fact mon. a.m. quarterbacking?
Yucheng shares fall on lower quarterly gross margin
http://www.reuters.com/article/marketsNews/idINBNG30081720080818?rpc=44&pageNumber=2&virtualBrandChannel=0
YTEC analysts on call
quite a few questions asked, so I expect some upgrades and reiterations in the next few days. I heard reps from Globus Capital, SRJ?, Susquehanna, Roth Capital, and Avondale.
e.g. Avondale Capital Partners had GAAP EPS this year pegged at .68-.77 and a price target of $24.90 from $21.90 in February.
Sean Jackson, from Avondale, asked about 2009 growth on today's call. where the IT sector is growing about 20%/yr the company said they expected 40-50% growth for the next couple of years.
The company said that consolidation in the industry will favor YTEC and that proportionately more business can come the company's way. IT spending for financial services continues to rise. They believe their growth rate will be double the industry avg.
today's conf call guidance by the company is for .84-.87/share. this may be nonGAAP
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
Who read this doomsday scenario a couple of weeks ago? today seems like a rather apt time to review it:
http://www.istockanalyst.com/article/viewarticle+articleid_2467038&title=Expert_Interview.html
http://www.rgemonitor.com/ is Roubini's website
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama