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1966-02-25 Ivar Theater
1. She's On The Road Again
2. Next Time You See Me
3. I Know You Rider
4. Hey Little One
5. Cold Rain & Snow
6. King Bee >
7. Caution
8. Stealin'
with some 1966 filler: Track 9 From late summmer 66. Tracks 10-12 from mid-to-late 66
http://www.archive.org/download/gd1966-02-25.sbd.unknown.20346.sbeok.shnf/gd1966-02-25.sbd.unknown.20346.sbeok.shnf_vbr.m3u
The earnings were already baked into the price,imo. They're still losing money and any growth will be offset by dilution. With the recent double-edged news about the rs/uplisting, the market is understandably reluctant here.
Nite's working both sides of the dime and they're probably flush with .08 shares after the past few trading days,lol. If we're lucky, we regain support at .10 this week.
imo
gl
Ambient Corporation Reports Record Revenue for 2010
Boston, Mass., February 23, 2011 - Ambient Corporation (OTCBB: ABTG), a leader in
smart grid communications infrastructure, today announced the filing of its Annual
Report on Form 10-K with the SEC for the year ended December 31, 2010, reporting
annual revenues of approximately $20.4 million, with a gross profit of $8.3 million,
compared to $2.2 million in revenue and $357,000 in gross profit in 2009.
Revenues in 2010 resulted from the continued deployment of the Ambient Smart Grid®
communications platform.
"We planned for 2010 to be a year of significant growth for Ambient and, despite
the fledgling smart grid industry, it did not disappoint, with the addition of
19 new employees and revenue growing to more than $9 million in the fourth quarter,"
said John J. Joyce, President and CEO of Ambient. "In 2010, the Ambient Smart Grid
platform was instrumental to the build-out of the smart grid network in the state
of Ohio helping to move the smart grid concept from vision to reality. There is
still a lot of work to do, and we look to continue the trends in 2011."
Operations Highlights
REVENUES. Revenues for 2010 were $20,358,040, compared to $2,193,338, for 2009.
Revenues for 2010 and 2009 were attributable to the sales of products, and maintenance
to our key customer. Revenues for 2010 and 2009 related to the sales of products
totaled $20,282,596 and $2,127,977, respectively. Revenues from the sale of software
and services for 2010 and 2009 totaled $75,444 and $65,361, respectively. The increase
in revenue during 2010 compared to 2009 reflects an increase in the number of communication
nodes delivered as well as increased license fees recorded from the licensing of
our AmbientNMS® software.
COST OF GOODS SOLD. Cost of goods sold for 2010 was $12,023,332 compared to $1,836,546
for 2009. Cost of goods sold included all costs related to manufacturing of our
products and consisted primarily of direct material costs. Cost of goods sold also
included expenses related to the write down of inventory to the lower of cost or
market. For 2010 and 2009, cost of goods sold included an inventory write-off of
$0 and $151,689, respectively, for excess, obsolete inventory. The increase in cost
of goods sold during 2010 reflected the increase in production to fill orders placed
by our customer as discussed above in REVENUES.
GROSS PROFIT. Gross profits for 2010 were $8,334,708, compared to $356,792 for 2009.
The gross profit on product sales amounted to $11,177,367 during 2010 compared to
$291,431 during 2009. The overall gross margins for 2010 increased to 41% compared
to 16% during 2009. The increase in the gross margin percentage in 2010 compared
to 2009 is a reflection of the maturing of our product offerings, an enhanced ability
to plan production and scale based on increased lead-time and transparency in the
forecasting and purchasing process of our customer, and a stable and productive
relationship with our contract manufacturer.
A more detailed description of Ambient's business, our results of operations and
financial statements are contained in the Annual Report on Form 10-K filed with
the SEC on February 23, 2011.
http://ih.advfn.com/p.php?pid=nmona&article=46587340&symbol=ABTG
Yes, the "Quote" and "Financials" pages, not the "Intro Message"(Ibox)
I wouldn't want anyone to think that the Ibox is either accurate or official because it isn't.
GL
I am referring to the Ibox, which is composed by the mod user. The OTC "company info" gets updated (or not) by the company. It is not gleaned from filings.
Yes, it was a serious question.
The devil sent me to advocate on his behalf.
I also noticed a quiet 800% increase to the AS, although the OTC website and ihub have yet to be updated with that info. Funny that.
Thanks, noquit. There are many from these parts holding those shares, although I am not. I think mgm't should be addressing this issue upfront. What sort of message does it send if they ignore the investors they cheated and burned to get here?
When will they be filed here?
http://www.otcmarkets.com/stock/NUEC/financials
Why would they NOT post them with OTC? After all that updating and such? Very peculiar.
I have yet to visit their website but I envision a Flash template filled with stock photography without any pictures of any officers, directors or company operations.
Am I close?
ITT Apr 2011 65.000 call
.25 x .30
http://finance.yahoo.com/q?s=ITT110416C00065000
ITT Jul 2011 70.000 call
.20 x .45
http://finance.yahoo.com/q?s=ITT110716C00070000
Yep, that's me...behind the curve but still swinging.
lol
SFD Jul 2011 25.000 call
1.15 x 1.25
(link back for chart)
I found some good options tools and classes at
http://www.optionseducation.org/
GL
Yes, whether Vicis wants to sell this to a merger candidate or make the market in abtg, it will benefit them to take it to a more active exchange. Ideally, news and future earnings would drive that capitalization, like an ipo really with Vicis as the underwriter.
imo
I think Vicis' position is essentially illiquid at this point, probably why they want to get this piggy to market. They might be able to sell it wholesale but most "investors" would run away if they needed to unwind even 1% of their holdings, if they hadn't already decided this is a stacked deck...What with the evil hedge fund hanging over us,lol. Someone who knows vc better than I would recognize what Vicis is doing. I don't think they want to lighten their control position and pulling the strings in Beantown make them more than an accidental tourist. It would be nice to see some news and earnings drive the rs/uplisting.
GL!
ABTG...14C Info Filing
To the Stockholders of Ambient Corporation
This Notice and the accompanying Information Statement are being furnished on or about February __, 2011 by the Board of Directors (the “Board”) of Ambient Corporation, a Delaware corporation (the “Company”), to the holders of record of the Company’s outstanding common stock, par value $0.001 per share (“Common Stock”), as of the close of business on February 3, 2011 (the “Record Date”), pursuant to Rule 14c-2 promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
The purpose of this Information Statement is to inform holders of record of Common Stock as of the Record Date of action taken by Vicis Capital Master Fund (the “Majority Stockholder”), the holder of approximately 84.2% of the outstanding Common Stock, par value $.001 per share (the “Common Stock”), of the Company, approving, by written consent dated February 15, 2011, an amendment (the “Reverse Split/Share Reduction Amendment”) to the Restated Certificate of Incorporation, as amended (the “Certificate of Incorporation”), at the Board’s discretion, to implement a reverse stock split of the outstanding shares of Common Stock at any time on or before December 31, 2011 at any whole number ratio between 1 for 30 and 1 for 100 (the “Reverse Stock Split”,) and, if the Board determines to implement the Reverse Stock Split, to decrease the number of authorized shares of the Company’s Common Stock from 2,000,000,000 to 100,000,000 shares. The Board has previously approved and recommended to the stockholders of the Company that they approve the Reverse Split/Share Reduction Amendment.
The Reverse Split/Share Reduction Amendment was approved by the Board and the Majority Stockholder with the goal of increasing the chances of the Company successfully listing the Common Stock on The NASDAQ Stock Market, particularly The Nasdaq Capital Market. The Company believes that, given its current size and balance sheet position, it would meet all of the quantitative listing requirements for The Nasdaq Capital Market, other than those relating to the minimum bid price for listed shares (which is $4 per share), and that a Reverse Stock Split in the appropriate ratio would increase the likelihood that it would meet the quantitative requirements relating to share price. The Company further believes that listing on The Nasdaq Capital Market would enhance its visibility, institutional investor profile and commercial credibility. Of course, there can be no assurance that the Reverse Stock Split will allow the Company to meet the quantitative requirements relating to share price, that the Company will achieve or maintain compliance with any of the other requirements or that its listing application will otherwise be successful.
The attached Information Statement describes the stockholder action by written consent approving the Reverse Split/Share Reduction Amendment, which stockholder action was taken pursuant to Section 228 of the Delaware General Corporation Law (the “DGCL”), which permits any action that may be taken at a meeting of the stockholders to be taken by written consent by the holders of the number of shares of voting stock required to approve the action at a meeting. No action is required by you. The Information Statement is being furnished to stockholders of record of the Company as of the Record Date pursuant to Section 14(c) of the Exchange Act, and the rules thereunder solely for the purpose of informing stockholders of these corporate actions before they take effect. Please read the accompanying Information Statement carefully. In accordance with Rule 14c-2 under the Exchange Act, the Reverse Split/Share Reduction Amendment would be expected to become effective 20 calendar days following the mailing of the Information Statement.
WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY.
By Order of the Board of Directors,
February ___, 2011
/s/ J OHN J. J OYCE
John J. Joyce
Chairman and Chief Executive Officer
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=7734860-849-53027&type=sect&TabIndex=2&companyid=6643&ppu=%252fdefault.aspx%253fcik%253d1047919
Securities Exchange Act of 1934 - Rule 13d-1
Filings of Schedules 13D and 13G
http://www.moneymanagerservices.com/laws/sea_13d_1.cfm
(a) Any person who, after acquiring directly or indirectly the beneficial ownership of any equity security of a class which is specified in paragraph (i) of this section, is directly or indirectly the beneficial owner of more than five percent of the class shall, within 10 days after the acquisition, file with the Commission, a statement containing the information required by Schedule 13D.
(b)(1) A person who would otherwise be obligated under paragraph (a) of this section to file a statement on Schedule 13D may, in lieu thereof, file with the Commission, a short-form statement on Schedule 13G, Provided, That:
(i) Such person has acquired such securities in the ordinary course of his business and not with the purpose nor with the effect of changing or influencing the control of the issuer, nor in connection with or as a participant in any transaction having such purpose or effect, including any transaction subject to Rule 13d-3(b); and
(ii) Such person is:
(A) A broker or dealer registered under section 15 of the Act;
(B) A bank as defined in section 3(a)(6) of the Act;
(C) An insurance company as defined in section 3(a)(19) of the Act;
(D) An investment company registered under section 8 of the Investment Company Act of 1940;
(E) Any person registered as an investment adviser under Section 203 of the Investment Advisers Act of 1940 or under the laws of any state;
(F) An employee benefit plan as defined in Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended, 29 U.S.C. 1001 et seq. ("ERISA") that is subject to the provisions of ERISA, or any such plan that is not subject to ERISA that is maintained primarily for the benefit of the employees of a state or local government or instrumentality, or an endowment fund;
(G) A parent holding company or control person, provided the aggregate amount held directly by the parent or control person, and directly and indirectly by their subsidiaries or affiliates that are not persons specified in Rule 13d- 1(b)(1)(ii)(A) through (I), does not exceed one percent of the securities of the subject class;
(H) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(I) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940; and
(J) A group, provided that all the members are persons specified in Rule 13d- 1(b)(1)(ii)(A) through (I); and
(iii) Such person has promptly notified any other person (or group within the meaning of section 13(d)(3) of the Act) on whose behalf it holds, on a discretionary basis, securities exceeding five percent of the class, of any acquisition or transaction on behalf of such other person which might be reportable by that person under section 13(d) of the Act. This paragraph only requires notice to the account owner of information which the filing person reasonably should be expected to know and which would advise the account owner of an obligation he may have to file a statement pursuant to section 13(d) of the Act or an amendment thereto.
(2) The Schedule 13G filed pursuant to paragraph (b)(1) of this section shall be filed within 45 days after the end of the calendar year in which the person became obligated under paragraph (b)(1) of this section to report the person's beneficial ownership as of the last day of the calendar year, Provided, That it shall not be necessary to file a Schedule 13G unless the percentage of the class of equity security specified in paragraph (i) of this section beneficially owned as of the end of the calendar year is more than five percent; However, if the person's direct or indirect beneficial ownership exceeds 10 percent of the class of equity securities prior to the end of the calendar year, the initial Schedule 13G shall be filed within 10 days after the end of the first month in which the person's direct or indirect beneficial ownership exceeds 10 percent of the class of equity securities, computed as of the last day of the month.
(c) A person who would otherwise be obligated under paragraph (a) of this section to file a statement on Schedule 13D may, in lieu thereof, file with the Commission, within 10 days after an acquisition described in paragraph (a) of this section, a short-form statement on Schedule 13G. Provided, That the person:
(1) Has not acquired the securities with any purpose, or with the effect of, changing or influencing the control of the issuer, or in connection with or as a participant in any transaction having that purpose or effect, including any transaction subject to Rule 13d-3(b);
(2) Is not a person reporting pursuant to paragraph (b)(1) of this section; and
(3) Is not directly or indirectly the beneficial owner of 20 percent or more of the class.
(d) Any person who, as of the end of any calendar year, is or becomes directly or indirectly the beneficial owner of more than five percent of any equity security of a class specified in paragraph (i) of this section and who is not required to file a statement under paragraph (a) of this section by virtue of the exemption provided by Section 13(d)(6)(A) or (B) of the Act, or because the beneficial ownership was acquired prior to December 22, 1970, or because the person otherwise (except for the exemption provided by Section 13(d)(6)(C) of the Act) is not required to file a statement, shall file with the Commission, within 45 days after the end of the calendar year in which the person became obligated to report under this paragraph (d), a statement containing the information required by Schedule 13G.
(e)(1) Notwithstanding paragraphs (b) and (c) of this section and Rule 13d-2(b), a person that has reported that it is the beneficial owner of more than five percent of a class of equity securities in a statement on Schedule 13G pursuant to paragraph (b) or (c) of this section, or is required to report the acquisition but has not yet filed the schedule, shall immediately become subject to Rule 13d-1(a) and Rule 13d-2(a) and shall file a statement on Schedule 13D within 10 days if, and shall remain subject to those requirements for so long as, the person:
(i) Has acquired or holds the securities with a purpose or effect of changing or influencing control of the issuer, or in connection with or as a participant in any transaction having that purpose or effect, including any transaction subject to Rule 13d-3(b); and
(ii) Is at that time the beneficial owner of more than five percent of a class of equity securities described in Rule 13d-1(i).
(2) From the time the person has acquired or holds the securities with a purpose or effect of changing or influencing control of the issuer, or in connection with or as a participant in any transaction having that purpose or effect until the expiration of the tenth day from the date of the filing of the Schedule 13D pursuant to this section, that person shall not:
(i) Vote or direct the voting of the securities described therein; or
(ii) Acquire an additional beneficial ownership interest in any equity securities of the issuer of the securities, nor of any person controlling the issuer.
(f)(1) Notwithstanding paragraph (c) of this section and Rule 13d-2(b), persons reporting on Schedule 13G pursuant to paragraph (c) of this section shall immediately become subject to Rule 13d-1(a) and Rule 13d- 2(a) and shall remain subject to those requirements for so long as, and shall file a statement on Schedule 13D within 10 days of the date on which, the person's beneficial ownership equals or exceeds 20 percent of the class of equity securities.
(2) From the time of the acquisition of 20 percent or more of the class of equity securities until the expiration of the tenth day from the date of the filing of the Schedule 13D pursuant to this section, the person shall not:
(i) Vote or direct the voting of the securities described therein,
(ii) Acquire an additional beneficial ownership interest in any equity securities of the issuer of the securities, nor of any person controlling the issuer.
(g) Any person who has reported an acquisition of securities in a statement on Schedule 13G pursuant to paragraph (b) of this section, or has become obligated to report on the Schedule 13G but has not yet filed the Schedule, and thereafter ceases to be a person specified in paragraph (b)(1)(ii) of this section or determines that it no longer has acquired or holds the securities in the ordinary course of business shall immediately become subject to Rule 13d-1(a) or Rule 13d-1(c) (if the person satisfies the requirements specified in Rule 13d-1(c)), and Rule 13d-2 (a), (b) or (d), and shall file, within 10 days thereafter, a statement on Schedule 13D or amendment to Schedule 13G, as applicable, if the person is a beneficial owner at that time of more than five percent of the class of equity securities.
(h) Any person who has filed a Schedule 13D pursuant to paragraph (e), (f) or (g) of this section may again report its beneficial ownership on Schedule 13G pursuant to paragraphs (b) or (c) of this section provided the person qualifies thereunder, as applicable, by filing a Schedule 13G once the person determines that the provisions of paragraph (e), (f) or (g) of this section no longer apply.
(i) For the purpose of this regulation, the term "equity security" means any equity security of a class which is registered pursuant to section 12 of that Act, or any equity security of any insurance company which would have been required to be so registered except for the exemption contained in section 12(g) (2) (G) of the Act, or any equity security issued by a closed-end investment company registered under the Investment Company Act of 1940: Provided, such term shall not include securities of a class of non-voting securities.
(j) For the purpose of sections 13(d) and 13(g), any person, in determining the amount of outstanding securities of a class of equity securities, may rely upon information set forth in the issuer's most recent quarterly or annual report, and any current report subsequent thereto, filed with the Commission pursuant to this Act, unless he knows or has reason to believe that the information contained therein is inaccurate.
(k)(1) Whenever two or more persons are required to file a statement containing the information required by Schedule 13D or Schedule 13G with respect to the same securities, only one statement need be filed: Provided, That:
(i) Each person on whose behalf the statement is filed is individually eligible to use the Schedule on which the information is filed;
(ii) Each person on whose behalf the statement is filed is responsible for the timely filing of such statement and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; such person is not responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate; and
(iii) Such statement identifies all such persons, contains the required information with regard to each such person, indicates that such statement is filed on behalf of all such persons, and includes, as an exhibit, their agreement in writing that such a statement is filed on behalf of each of them.
(2) A group's filing obligation may be satisfied either by a single joint filing or by each of the group's members making an individual filing. If the group's members elect to make their own filings, each such filing should identify all members of the group but the information provided concerning the other persons making the filing need only reflect information which the filing person knows or has reason to know.
I don't think it means anything except that Knight wound up with 46k shares of a microfloat shell, probably as a result of the recent trade the other day. I could be wrong but I think it's merely a procedural filing due to their sudden 5% ownership.
GL
BSOI...Form SC 13Gf filed today:
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=7722429-1202-17313&type=sect&TabIndex=2&companyid=67015&ppu=%252fdefault.aspx%253fcik%253d1093683
NAME OF REPORTING PERSON:
Knight Capital Americas, L.P., formerly Knight Equity Markets, L.P.
22-3660471
SOLE VOTING POWER
46,012
SOLE DISPOSITIVE POWER
46,012
PERCENT OF CLASS REPRESENTED
5.18% based on outstanding shares reported on the issuer’s 10-Q filed with the SEC for quarterly period ending Oct. 31, 2010.
Did they ask for your passport?
Please attach it to your next filing por favor.
lol
SKX Apr 2011 28.000 call @ .50
http://finance.yahoo.com/q?s=SKX110416C00028000
UVV Aug 2011 45.000 call @ 1.00
http://finance.yahoo.com/q?s=UVV110820C00045000
UMC Apr 2011 5.000 call @ .20
http://finance.yahoo.com/q?s=UMC110416C00005000
Is there any relevance to this company or its principles within that link?
Just wondering what Ima looking for?
tia
GME Feb 2011 21.000 call
.76 x .78
Imma nail this one to the door.
http://finance.yahoo.com/q?s=GME110219C00021000
You're welcome.
Pacific Stock Transfer Co.
Transfer Agent
4045 South Spencer St., Suite 403
Las Vegas, NV, 89119
702-361-3033
http://www.pacificstocktransfer.com
info@pacificstocktransfer.com
http://www.otcmarkets.com/stock/NUEC/company-info
GL
OC Feb 2011 35.000 call @.70
http://finance.yahoo.com/q?s=OC110219C00035000
SFD Jul 2011 25.000 call @.65
http://finance.yahoo.com/q?s=SFD110716C00025000
GME Feb 2011 21.000 call @.59
http://finance.yahoo.com/q?s=GME110219C00021000
Duke Energy near deal for Progress Energy: sources
By Michael Erman Michael Erman 1 hr 44 mins ago
NEW YORK (Reuters) – Duke Energy Corp (DUK.N) is near $13 billion-plus deal to buy Progress Energy Inc (PGN.N), a move that would create the largest U.S. power company, sources familiar with the matter said.
http://news.yahoo.com/s/nm/20110109/bs_nm/us_progress_duke
The U.S. power industry has seen a resurgence of deal activity in the past year -- despite high regulatory barriers -- as utility companies consolidate to cut costs and pool funds for investing in new projects, such as nuclear power plants.
Duke, which has a market value of $23.6 billion, wants to buy Progress in a stock-based deal priced at a low premium to its $13.1 billion market value, one source said. The companies hope to announce a deal on Monday, according to another source, but the talks could still be delayed or even derailed.
U.S. state regulators often oppose large mergers on fears that prices could rise for consumers, or services could decline.
Currently the third-largest U.S. utility, Duke would leap to the top spot in both market value and generating capacity if the deal is completed, based on the companies' current totals.
"The fact that they'll be so dominant would create some regulatory problems in my opinion," said Bucky Hellwig, senior vice president at BB&T Wealth Management in Birmingham, Alabama. "The regulatory hurdle is probably going to be daunting," he said.
Both Duke and Progress are based in North Carolina and serve clients in North and South Carolina. Duke serves some markets in the Midwestern United States and Progress also supplies customers in Florida.
Duke would be adding Progress' more than 22,000 megawatts of generation capacity to its fleet of power plants, which have a capacity of 35,000 megawatts. One megawatt can power an average of 1,000 U.S. homes.
Florida's NextEra Energy (NEE.N) previously held the top spot, with just under 49,000 megawatts, according to an October report from industry group Edison Electric Institute.
Gordon Howald, an analyst with East Shore Partners, said diversified utilities like Duke are searching for acquisitions to fuel cash flow at a time when power prices are expected to be low over the next few years.
"This deal would help them ride through a very difficult market for the next couple of years," he said of Duke.
Progress has shed non-regulated businesses in recent years. The acquisition would add stable cash flow for Duke, which has a portfolio of both regulated and unregulated power assets.
REGULATORY HURDLES?
Power deals in the past year include FirstEnergy's (FE.N) $4.7 billion deal for Allegheny Energy (AYE.N), E.ON's $6.7 billion sale of its U.S. unit to PPL Corp (PPL.N) and Carl Icahn's recent bid to buy power producer Dynegy (DYN.N).
Howald said he would expect other large diversified utilities like Exelon Corp (EXC.N) and NextEra to be on the hunt for acquisitions as well.
Diversified utilities have been relying on unregulated operations -- where they can sell power at market rates -- for growth. But in a weak power price environment, they "are going to have to find cash flow somewhere" else, he said.
State regulators have sought drastic concessions from companies planning to merge, such as in the form of rate reductions. In a previous wave of consolidation during the middle of the last decade, planned mergers of FPL Group (FPL.N) and Constellation Energy Group (CEG.N), as well as Exelon (EXC.N) and Public Service Enterprise Group (PEG.N) fell apart after regulatory problems arose.
Even deals that do succeed can drag on for very long periods before closing. FirstEnergy has yet to complete its deal for Allegheny, which was agreed to eleven months ago.
Duke last year lost out on a bid for the U.S. assets of German utility E.ON (EONGn.DE) but its chief executive, Jim Rogers, an industry veteran who has led various utilities in the past 21 years, has widely been seen as hungry to make acquisitions. Duke bought rival Cinergy for $9 billion in 2006, bringing Rogers onboard, who was then serving as CEO of the smaller company.
Progress shares closed at $44.72 on Friday, and have risen more than 4 percent since Thursday morning, when rumors of the deal first surfaced. The company also saw a spike in options activity on Thursday on January calls between $42 and $45.
Duke and Progress were not immediately available for a comment.
(Reporting by Michael Erman; Editing by Maureen Bavdek and Tim Dobbyn)
January 7, 1978 Golden Hall, Community Concourse, San Diego, Ca. (Sat)Soundboard Master Cassette > Reel > DAT > CD (with audience patches ; Scot Clugston and J. Cotsman Transfer)
1: Minglewood, Cassidy, Sunrise, Passenger, Mexicali> Me & My Uncle, L. L. Rain, El Paso> Let It Grow> Promised
2: Jack Straw, Dancin> Samson, Playin> Drums> NFA> Around E: Saturday Night
no Garcia vocals due to extreme laryngitis
Bollinger bands are a lagging indicator.
They do not force reversals.
What's more, this stock has such precariously low volume that technical analysis is largely ineffective and vulnerable to promotion and manipulation.
A chart with little volume is exactly that and nothing more, imo.
gl
Stops on a dime.
lol
Growth at a Low Price Is My Favorite Stock Screen: John Dorfman
By John Dorfman - Dec 12, 2010
Bloomberg Opinion
http://www.bloomberg.com/news/print/2010-12-13/growth-at-a-low-price-my-favorite-stock-screen-commentary-by-john-dorfman.html
Money managers tend to become fond of their favorite stock screens, just as baseball players tend to prefer one bat over others. One of my favorite screens is growth at a low price.
I define a GALP stock as one that shows average annual earnings growth of 25 percent or more over the past five years, yet sells for 12 times earnings or less. For the past 11 years, I’ve found this screen to be a fertile source for stock picking.
Thirty-nine U.S. stocks with a market value of more than $250 million passed this screen on Dec. 7. Let’s spotlight 10 of them.
One that excites me is LAM Research Corp., a Fremont, California, company that makes semiconductor manufacturing equipment. Of 17 analysts who follow the company, seven say to buy the stock, four recommend selling, and six are neutral. This type of opinion dispersion is a good sign in my view.
When views are split, the stock price often will split the difference and reflect a middling view. Yet one of the extreme views may prove correct. In this case, I believe it will be the optimists’ view.
As I see it, semiconductor industry conditions are improving, and LAM’s fortunes are rising more rapidly than most. In the company’s first fiscal quarter, which ended Sept. 30, revenue shot up to $806 million, more than double the level of a year earlier. Diluted earnings per share hit $1.55 a share, a record.
Caveats Abound
One negative: Fidelity Investments owns almost 19 million shares as of Sept. 30, or about 15 percent of the company. Should Fidelity become a seller, the stock could be under pressure for months.
Three companies are resurfacing from last year’s list. Two of them are insurance-related businesses: Life Partners Holdings Inc. in Waco, Texas, and HCC Insurance Holdings Inc., based in Houston.
Life Partners arranges transactions between individuals who are older than 65 or are terminally ill and want to sell their life insurance policies and people who will buy their policies at a discount. Emotionally, I can’t warm up to this business. Analytically, I believe that the company may lose market share as traditional life insurers develop competing options.
HCC Insurance operations include life, property and casualty insurance companies along with units specializing in marine and aviation coverage. The company has shown a profit every year since 1992, the year it went public. I think its stock is attractive at 10 times earnings and about one times book value (corporate net worth).
Eroding Value
The other returnee is New York-based M&F Worldwide Corp., a holding company controlled by Chairman Ronald Perelman. It prints checks and related products, offers direct marketing services, and makes flavors and flavorings, especially licorice.
At less than four times earnings, M&F is cheap, but Perelman has a poor record for creating shareholder value. He is chairman of Revlon Inc., whose shareholders have lost about 70 percent of their investment over the past 10 years. Also, I consider M&F’s debt-to-equity ratio of almost 375 percent excessive.
The largest corporation on this list by market capitalization is New York-based Travelers Cos., a property-and- casualty insurer. Its market value is $25 billion. Unfortunately, its seemingly high five-year growth rate is statistically misleading, which stems largely from a subpar base year in 2004.
Avoid Shortcuts
That illustrates an important point about using screens: They are a starting point for analysis, not a substitute for it.
Three stocks on this year’s list are for-profit college companies: Corinthian Colleges Inc., of Santa Ana, California, ITT Educational Services Inc., based in Carmel, Indiana, and Lincoln Educational Services Corp., of West Orange, New Jersey.
I wrote about the for-profit colleges in November. I would avoid Corinthian, which I believe will struggle to meet new regulatory requirements to preserve financial-aid eligibility for its students. I think ITT and Lincoln, each at about six times earnings, may be good buys now.
I’m favorably disposed to Humana Inc., a managed-care company based in Louisville, Kentucky, even though federal budget pressure may induce Congress to cut Medicare payments. Humana posted record earnings of $6.15 a share in 2009 and is expected to better that to $6.64 this year. At seven times earnings and about 0.3 times revenue, I think the stock is attractive.
Going Offshore
Rounding out this GALP candidates list is Seacor Holdings Inc., based in Fort Lauderdale, Florida. The company operates a fleet of boats that support offshore oil platforms. Analysts expect it to post record earnings this year as companies try to adjust to the post-Gulf-spill world. In 2011, analysts expect earnings to fall more than 50 percent from this year’s level. I think they are too pessimistic there.
Unlike some of its oil-service kin, Seacor has been consistently profitable. Like HCC Insurance, it hasn’t posted an annual loss since it went public in 1992.
Disclosure note: I own shares of HCC personally and for clients. I own Humana for many of my clients. On the other stocks discussed in this week’s column, I have no long or short positions.
(John Dorfman, chairman of Thunderstorm Capital in Boston, is a columnist for Bloomberg News. The opinions expressed are his own. His firm or clients may own or trade securities discussed in this column.)
To contact the writer of this column: John Dorfman at jdorfman@thunderstormcapital.com.
To contact the editor responsible for this column: James Greiff at jgreiff@bloomberg.net
®2010 BLOOMBERG L.P. ALL RIGHTS RESERVED.
MEA Jan 2011 5.000 call (MEA110122C00005000)
.80 x .95 now....a month from expiration
http://finance.yahoo.com/q?s=MEA110122C00005000
B Dec 2010 17.500 call
3.10 x 3.60
http://finance.yahoo.com/q?s=B101218C00017500
ATW Dec 2010 30.000 call
6.60 x 6.90
http://finance.yahoo.com/q?s=ATW101218C00030000
Ambient Announces Market Availability of Newest Version of Network Management System, AmbientNMS
12/09/2010 @ 8:00AM
PR Newswire
Ambient Corporation (OTC Bulletin Board: ABTG), a leader in smart grid communications infrastructure, today announced the availability of the latest release of its industry-leading network management system, AmbientNMS®. As the cornerstone of Ambient's smart grid infrastructure, AmbientNMS provides a powerful, open and intelligent IP communications platform for the deployment of smart grid applications. AmbientNMS can be scaled to accommodate the increasing number of Ambient X-3100 nodes and related endpoints.
(Logo: http://photos.prnewswire.com/prnh/20091012/NE90671LOGO )
The upgraded capabilities in AmbientNMS include customized lists and maps, data traffic prediction, control modules, and new aggregation tools. These upgrades are part of Ambient's continual process to enhance Ambient's smart grid communications platform.
"With the total orders for our X-3100 smart grid communications nodes now nearly 83,000 units, the total number of end points supported in aggregate by these nodes is expected to nearly triple the over 200,000 endpoints served today. This new release of the NMS system is designed to support beyond this level of scaling while adding new features and capabilities," stated John J. Joyce, President and CEO of Ambient Corporation.
Ambient's smart grid architecture is designed to promote more reliable, affordable and environmentally friendly energy delivery operations. Its flexibility and functionality allows for efficient two-way communication, collection, analysis and management of energy data from multiple sources and systems not available today from other vendors.
"For more than 10 years, we have been delivering an open and secure communications platform. We have already received significant orders for our proven, field deployed technology, while providing or supporting an increasing number of smart grid applications and we expect that trend to continue," stated Ram Rao, SVP and CTO of Ambient Corporation. "An intelligent and robust network management system that scales is necessary for this expected increase in applications, and the new AmbientNMS is built to not only support existing applications, but others that may come along."
For more on AmbientNMS, please go to http://www.ambientcorp.com/products_nms.html
About Ambient Corporation
http://ih.advfn.com/p.php?pid=nmona&article=45584142&symbol=ABTG
MEA Jan 2011 5.000 call
.50 x .70 now...I think we're in the power zone and I like our chances for a nice turn over the next month
http://finance.yahoo.com/q?s=MEA110122C00005000