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Followed you on Drooy at 3.18. I had no exposure to Gold except in my teeth so why not.
MT
I was out to dinner yesterday and some of the kids said that they are now into trading their old games in for new games. This method of selling the new games should help to increasse the sales this year above what they would be.
MT
Bear MWY having a nice correction today. Do you trade this stock and if so what are your feelings. Thanks
MT
Train thanks for your reply. I sold ARTX for 3.43 a nice 1.13 profit on a trade from March 10.
MT
I will research. I'm offended that he talked about one of our cash cows that way.<g> But in the event he is correct it would be well to know.
MT
Zeev your opinion on this piece by Hank Greenberg of CBS
BioLase (BLTI: news, chart, profile): No-pain dental lasers for all sorts of dental procedures. That's the story San Clemente, Calif.-based BioLase likes to tell.
Truth be told: Pain is in the nerve endings of the beholder, and there are no studies to support the claim. In fact, there are no studies to support quite a few of the company's claims.
And that's only scratching the enamel of what certainly is one of the most fascinating stories I've tracked over the past year. (Especially when I consider how the company has tried to dodge my questions.)
BioLase, which spends heavily at marketing -- and which has impressive competition that is not publicly traded -- will only speak to me through an outside public relations intermediary.
Thanks MT
Zeev this might be a legit! What do you think. I bought some for 2.30 back on March 10 when Lee loaded up.
Background
Arotech (ARTX 2.24 +0.06) is a defense and security products company, engaged in three business areas: 1) interactive simulation for military, law enforcement and commercial markets; 2) batteries and charging systems for the military; and 3) high-level armoring for military, paramilitary and commercial vehicles.
Key Points
New Focus: Last year, the co repositioned itself as a strong defense and security company, with products in growing markets.
Turnaround: The year 2003 was a turn-around year for Arotech. Just two months into 2004, the co already had a backlog of $17.6 mln, which is more than its revenues were for all of 2003 - and its revenues in 2003 were the highest in its history. The co believes that 2004 will be a year of increased revenue, EBITDA profitability and positive cash flow.
Strong Sales Growth: Revenues for 2003 increased to $17.3 mln vs just $6.4 mln in 2002, an increase of 170%. Although much of this is due to an acquisition. For 2004, Arotech anticipates revs in excess of $37-$42 mln. Revenues are projected to be stronger in the second half than in the first half, with revenues by quarter growing throughout the year.
Cash Flow Positive: Adjusted EBITDA improved in 2003 to a $(2.2) million loss vs $(3.5) mln for 2002. However, the co anticipates being cash-flow positive for the full year of 2004, with adjusted EBITDA profits beginning in the second half.
Bottom Line: Security stocks are receiving a lot of attention lately with increased security fears providing opportunities for traders to buy overlooked small cap names. We like how ARTX is trading, approaching a 2+ year high on increasing volume. The stock is very liquid with nearly 2 mln in average daily volume with a 6% short interest. The co is expected to double sales and be cash flow positive this year.
Note: Small Cap Trading Alerts is a new service where we will periodically present near term trading ideas. We caution readers that these ideas are generally more speculative and short term in nature, not appropriate for longer term investors.
Above taken Briefing.com I can't write that well.
Zeev what cash position do you plan going into this very looooooonnngggg week-end. Thanks
MT
If you expect an answer the POST mus be directed to ZEEV.
Hope this helps.
MT
Thank you I do at 31.25 or do you think that is to tight,
MT
entered QLGC at 32.26 for the first time so as to be prepared for its run to $40.
MT
I'm having a hard time finding any resistance for HAUP. It looks like this lovely lady could run for quite a few points,
MT
HAUP got thru that 8.50 area>
MT
Rayman I was on the same wave length. Zeev has the patience of Job. Holly is just nervous and new which I can appreciate! Yo Zeev Haup looks strong to me<g>
MT
Hey Mr. Boatman<g> remember that song. Sndk, Lexr are cooking a little. I would like to see Haup start to do something but Zeev is holding that down cause he wants to buy it cheap!
MT
Jillster I think this is the post. Sometimes they are hard to find. Good Luck MT
Search "bull" in my profile and you'll find that at 2004, exactly, this morning, I donned those horns. The BP of the NDX, Naz, SPX and even Indu have all crossed back over their 14 DMA. My guess is that the Naz and NDX BP will not get above their 200 DMA on the next run (even though I expect the indices to make ne recovery highs above the January highs) and this divergence, if it comes to pass, will confirm the beginning of the next nasty bear market, IMTO.
I expect this rally to pick up steam until about the week of expiry, expecting the old Maginot line at 2088/91 to serve as a major resistance (Wecus, you may want to use the dates here and target to update the map for the next three months), say a first top there on April 14th plus minus two days, that is the first leg of the advance (about 200 Naz point from the low on March 24th). That is followed by a short furious retrench should be held in the general area of 1993 to 2007) lasting no more than a week (let say bottom on 4/22 same plus minus). The second leg should get us above the January high and terminate around 2188 to 2222 and the target date for that peak is just after memorial day June 2nd. From there I have a minor retrench to the area of around 2120 to 2153 (depending how high the last leg went) lasting about two weeks to 6/16, and then we launch what I believe will be the top this year for the Naz (but not the Dow, which could happen later) to, at best 2350 (nominal 2333 as in the 12/25 map). From there I have the meandering of about 180/200 points till late August.
Sold KLIC for a nice .72 cents. Not getting to greedy with that one.
MT
Zeev I would suggest you buy BLTI on the next dip<g> I took your advice yesterday on some other stock and it worked well. Only in America can you make money on unemployment.
MT
Sold some of my BLTI at 18.35 foe a nice 1.08 kept the rest for later.
MT
Bought some CPWR at 7.69
MT
Bought Lexr 16.75 more Blti at 17,50 more Haup under 8 and some Lu at 4.14. Still lots of cash but needed exposure. I have funny feeling in the morning we are off to the races. If not will buy at the next stop. Klic doing well from yesterday.
MT
Zeev your last comment on LEXR was a buying area of 13.50. Does that still stick.
Thanks MT
FED keep tracking that company could turn out as a money maker. DJT holdings in Atlantic City are very valuable and if he were to step down or be bought out might be interesting.
MT
bought Klic 11.68.
MT
Thanks I will stagger my buys. I'm getting a little tired of sleeping with cash all around me earning less then 1%. My wife likes it but of course she likes the furs I bought her to.<g>
MT
Zeev it looks like the NAS wants to hold the 1990 area. The window is closing what odds do you presently give that this could be the low of the swoon instead of 1960,
I like the way you are playing Qlgc for 30 cents or so. NIckle and dime them. We will call this Zeevs basing BOX.
MT
Entered BLTI at 17.27 and HAUP at 7.95. Need some exposure to much cash.
MT
Possibly a terrible trading tactic for me but if I had the skill Zeev has I would be up to the challenge. The thrill of making a great play in sports still runs thru my veins and I'm sure Zeev still gets the same charge. Since I'm 64 my charge is not as good as it use to be.<g>
MT
Good morning ZEEV the following is a post of yours on SEMI
As for SEMI, it closed around $5 and if one can get some in the $4.30 to $4.75 area, it may a worthwhile play for just under a double to around $9 or so, if indeed my 400/500 Naz points ramp into summer comes to fruition... Stop loss should be set just under $4 on a closing basis.
my question is has your outlook changed.
Thanks
MT
Bear lots of negative news in the world today. I see a very risky day ahead.
MT
Zeev FYI on ONNN,
16:49 ET ON Semiconductor raises Q1 guidance (ONNN) 8.45 +0.28: Co sees Q1 revenue to grow sequentially by 8% (approx $300.8 mln), previously expected 5-6% revenue growth, Reuters consensus is $293.5 mln. Based on current visibility, co expects that average selling prices will increase by more than 1% in Q1, and continue to increase.
MT
Interesting news that we have not heard the likes of recently.
4 suspected with SARS in Scotland hospital
03/30/2004 03:30:46 - By Emily Church
LONDON (CBS.MW) -- Four people suspected of having contracted SARS, a virulent flu, were taken Tuesday to hospital in Edinburgh, Scotland, AFX reported, citing health officials said. The four included three Asian tourists. "Some people were brought in overnight and are being kept in isolation as a precaution while investigations take place," a hospital spokeswoman said.
MT
Sold at 14.57 for 8 cents didn't break out like I thought it would from its cup and handle. Selling pressure
MT
Zeev you might like a stock that I just posted on GTI. Doesn't Zig Zag enough for day but might be nice swing play on break out.
MT
Bought GTI at 14.49
MT
Zeev I think the trick to buying this bottoming process is not to let greed get in the way. Mentally I'm trying to realize that we are most likely withing 5 % of the bottom. There appear to be a lot of great buys out there expecially if the earnings hold. Thanks again for all your help.
MT
Sold LCAV for 23.02 and a profit of .36. This was underwater at one time more then $3.00. Learned a good lesson on this one and got out with my shirt. Whewwwwwwwww.
MT
We are just having fun.
MT
I was not serious at the start but after thinking for a bit who knows<g>
MT
Watch out for the Maginot trap. The MMs know about Zeevs line they are going to ramp it so it passes 1983, wait for all of us to buy, then dump the market.
MT