looking for truth
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Based upon THNS filing statement for the delay, you will discover that when THNS will decide to file, their last 3 months revenue July - Sept , will show a dramatic fall far greater than simply a loss of one major order.
IMO the company is spiralling downwards with its revenue and shrinking rapidly with its employees.
This is no longer a growth business. Plus it still has a large amount of Note Holders with toxic conversion rights. So the share price has IMO only one way to go.
N10 Q - Another Delayed Filing:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11014544
Revenues are falling very fast. Operating Expenses falling probably due to staff termination and UK office closure : See Below
"Based on preliminary financial statements, the registrant will show net revenue was $1,394,000 for the nine months ended September 30, 2015 compared to net revenue of $5,700,775 for the nine months ended September 30, 2015. The decrease is primarily attributable to the delivery of a large order during the 2014 period (representing approximately 80% of 2014 revenue). Operating expense decreased approximately 51% for the nine months ended September 30, 2015, compared to the nine months ended September 30, 2014."
Look at the share price .. over the last 6 months.
That gives you all the answers you need.
Don't you think it would be wise to end your post with the words "IMO"
Your posts have been making claims that have no factual substance.
Nov 15th Quarterly filing is due.
Then you will see the real facts on THNS last quarter performance.
That's of course if THNS don't file for a further delay , like they did last time.
Just to make it clear : if you click on the link , and see Matt Malarkey Profile , he clearly states " Previous Employment " Thinspace Ltd
And if you look below at his " Summary " I have pasted what it says below
A proven, highly experienced IT professional whose hard work and dedication has brought success in a number of technical roles. While more recently working in a management role which involved maintaining customer relationships alongside managing product support and development teams, has extensive software experience especially relating to Microsoft and Citrix technologies for over 15 years.
Looking for a new challenge that can make use of my existing skills while offering me the ability to further my knowledge and potential.
UPDATE : Matt Malarkey , The UK only employee has left Thinspace.
https://www.linkedin.com/profile/view?id=AAkAAABhKT4ByWO3gMGMOUKcFjLV8GslP_hPzkk&authType=NAME_SEARCH&authToken=6YJ_&locale=en_US&trk=tyah&trkInfo=clickedVertical%3Amynetwork%2CclickedEntityId%3A6367550%2CauthType%3ANAME_SEARCH%2Cidx%3A1-1-1%2CtarId%3A1445600577688%2Ctas%3Amatt%20
Whale. They need then to update their web site . Check out their contact details : It don't look professional when all their office address are wrong
http://www.thinspace.com/contact-us/
USA PORT ORANGE OFFICE CLOSED !
Thinspace no longer there . See below
http://busqueda.aldiatx.com/en/port-orange-fl/d-702530896-pallo-marks-hernandez-attorneys.html
This is the main reception number where Thinspace used to be:
http://www.yorksciencepark.co.uk/contact-york-science-park-managed-office-space.html
UK Office Closed !!
I just called the UK office number as per THNS web site. They used to be in a building called the Catalyst. The main reception said they closed their office. And all staff let go
You can check this out yourselves
Anybody following this stock ?
Very high dividend. Though if it will continue will depend on the next Q coming out next week sometime.
Any thoughts if this stock is worth buying now ?
PR = More Pump and Dump.
Result = Share Price falls.
THNS has turned out to be a big disappointment. Its being used as a vehicle for the main note holder to liquidate his tens of millions of shares that he paid 0.01c per share or even less.
Plus there are two notes as per the filings that are super dilutive which if excised, gives the note holder full control.
IMHO
Another Pump Press Release to enable Note Holder to dump more shares.
Simple- For the Note Holders To sell their millions of shares. Its a Pump and Dump .. IMHO
Where is the scam? Everything is disclosed in all the filings. The company is generating real growing revenues. Plenty of verifiable customers.
What's your beef with this?
I agree. The last Q results were amazing. This by any standards is impressive growth. For the moment THNS is under the investor radar , and who knows where the price could go , once investors start to catch on, IMO
Q Results out soon. Latest 15 August
What you think ?
Possible Stock Halt by SEC, is probably the reason for this large dump..
Anybody holding shares in TDEY, the odds are worse than winning Powerball.
I agree with your post... not a Good sign for a decent company, if it needs this type of pumping..
it's been very quiet this last week on THNS... Strange, as I would have expected with this takeover and change of control, that there would be more news
What's your views on all this?
MAJOR CHANGES : NEW CEO AND NEW MAJORITY SHAREHOLDERS
http://biz.yahoo.com/e/140604/thns8-k.html
Stockbully : What do you think of these large sales ?
Both major shareholders have sold all their stock
http://finance.yahoo.com/q/it?s=THNS+Insider+Transactions
TDEY needs urgently to be reported to the SEC
in just the last 3 months , they have sold through " third parties" just under $500,000 of shares.
There is no record of any of this money going into the accounts
They have zero revenues
TDEY sole function is to maximise as much money for: Blue Life Inc and Mastiff Inc and Southwest Contracting Inc..
IMHO
TDEY : LATEST FILINGS
ZERO REVENUE
http://www.otcmarkets.com/financialReportViewer?symbol=TDEY&id=121217
DISCLOSURE STATEMENT
MASSIVE DILUTION - BLUE LIFE + MASTIFF GROUP + SOUTH RIDGE
439 MILLION SHARES SOLD IN THE LAST THREE MONTHS
BLUE LIFE ETC = ARE SCREWING TDEY AND SHAREHOLDERS
http://www.otcmarkets.com/financialReportViewer?symbol=TDEY&id=121216
WHO ARE THESE PEOPLE ?
MASTIFF GROUP - CHECK OUT POST # 69592 ON THE PRPM BAORD
Desolation Row : has all the details
MASTIFF'S LEINWAND+ GLOBETEL= SEC INTERVENTION= DISASTER
BLUE LIFE - 6280 NW 42nd Way, Boca Raton, FL 33432
FRONT NAME - VIVIAN Blumenthal- HUSBAND IS JOE BLUMENTHAL
http://www.sec.gov/litigation/admin/34-45070.htm
HIMX- Its not my type of stock that I would normally look at
Its out of my trading area focus.
The question is ..How long do you want to be in this trade for ?
If its short term, the probability of a strong upward price movement is not very positive
But if you believe that in the medium to long term the share price of FUEL will be significantly higher , plus the possibility of a takeover , then the only options worth considering are the LEAPS..In my honest opinion
Europtiger : One more factor to take into account
There have been some significant insider sales in Feb.
http://finance.yahoo.com/q/it?s=FUEL+Insider+Transactions
Europtiger : FUEL - Thanks for this post
Interesting company with a good cash position, growing customer base, and growing revenue
BUT - On Thursday after market close , when the company announced its earning results and its " forecasts " the share price collapsed by more than 25% !
And on Friday, when the market opened the share price slightly rallied but still ended up down 21.5%
This board is for trading stocks prior to their earning results, and this would be a good example.
Conclusion
Your question is more a fundamental one : has the market over reacted and is it worth buying CALL options based upon financial measures.
Its valued now at about 4 times sales. Not overly priced. Over $100 million cash in the bank. Growing customer base, but possibly at the expense of bigger discounts and drop in revenue, which could mean further missing of targets in the next quarters.
This could be a possible takeover target
Its certainly worth looking at the CALL option strike price for LEAPS
A PRIMER IN TRADING OPTIONS DURING EARNINGS
Let me start this post by declaring that majority of this content has been taken from a Daniel Darrow article.
Its a great article , and it gives a good informative start to my thoughts
Lets Start off with Volatility
Either you're banking on it being high, or banking on it not appearing. Either way, earnings season is characterized by increased volatility, so naturally it is haven for options traders. However, earnings season brings on equal measures of opportunity and risk, so if you are going to be involved, at no time is it more crucial to be educated.
Hence this board !!
Implied Volatility
Within the price of every option includes "implied volatility" - the consensus percentage that traders believe the stock is going to move. After reporting quarterly earnings, stocks often have large price fluctuations, so implied volatility during earnings season is generally higher. When using a straight call or put-buying approach during earnings season, they key is determining which stocks I think will move more than Wall St expects them to.
After Earning Price Moves
To many, the nature of post-earnings price movement can seem somewhat random. Traders and investors are sometimes left scratching their heads when a stock can beats earnings "estimates" but subsequently trades lower.
Although the market can be very unpredictable at times, I do believe there are ways to potentially identify which stocks could exceed their implied volatility. My methods are FAR from an exact science, but the key for me is consistent sizing and betting on the fact that I can be right more often than not. In fact, I don't even need to be right more often than not, I just need to identify a few potential big winners that can cover losses in the stocks that don't pan out.;
1. Market Cycle
One of the most important things to consider when trading options on earnings is the type of market cycle that we are currently in. In 2013, for example, we have seen a raging bull market. The downside movement during earnings seasons has generally been muted, while we have seen dozens of examples of massive gaps up.
In a bull market, people tend to be forgiving to an earnings miss and more rewarding for a beat. During market turmoil, the opposite is true. I believe IMHO , that any options play into earnings should generally follow the trend of the broader market, as well as the sector and stock. That isn't to say that I won't take any puts into earnings reports during a bull market, but I tend to take a top-down type of approach.
2. Stock History in Previous Earnings Moves
A second factor to consider when determining a potential play is the stock's history of earnings moves. While past performance is not always an indication of future results (and large moves are often priced into the options for volatile stocks), I believe the size of the moves in reaction to the most recent 2-3 earnings reports are a useful gauge as to what the next move could be.
I give the most weight to the move from the most recent earnings season. For instance, if a stock has had initial moves of 15% three quarters ago, 10% two quarters ago and 5% the past quarter, then I would say that earnings volatility has been decreasing and I should not expect a large move. In an alternate scenario, if there were moves of 5%, 5%, and 10%, then I could be expecting a large move.
3. Stock Price leading into the Earnings
A third factor to consider is how the stock has moved leading into the report. Aggressive buying or selling in the previous weeks/days prior to a report can eat into the potential post-earnings move. Good or bad news could already be priced into a stock and could potentially eliminate a sharp move. When I believe opinion has reached near-consensus levels, sometimes I take the other side.
4. Short Interest
A fourth factor to consider is the level of short interest, which has been particularly relevant lately. Taken alone, short interest should not be used to determine, which direction to bet on - in fact I think it's a trap many traders fall into. Short interest simply be considered a factor that could exaggerate a move in either direction, particularly the upside.
5. Conclusion
In analyzing a potential options trade, I analyze all of these factors together to identify the stocks I want to play. For instance, a stock trading about 5% from all-time highs with high short interest, that has a history of 7-10% moves following an earnings report could be a candidate for a large move to the upside. In a different scenario, a stock that is approaching a large gap could a be candidate for a gap-fill play even if the stock only has a history of 3-5% moves and the gap might be larger than 5%. In yet a different scenario, a stock that has been in a tight consolidation might be set up for a sharp move in either direction and might be a candidate for a straddle or strangle.
This post was meant to be an overview of a few of the factors I consider, and I will do another post , on the type of options I generally buy.
I feel that trading options around earnings is more of an art than a science, but if you can develop a discerning eye, you could potentially create great trade ideas with well-defined and favorable risk-reward parameters.
Thanks. And welcome...
Kick : Here is the link
http://investorshub.advfn.com/Option-Trading-on-Earnings-28354/
Update on TSLA
Well as per my post earlier , I got stopped out ( with a nice profit ) at 23.45
Only to see that by late afternoon TSLA had fallen back substantially and I would have easily hit my target of 33.00
That's nearly a $1,000 per contract !
Nobody said the markets are fair ! Actually the markets don't know or care who you are . Trading successfully IMHO cannot be based on any type of personal emotions. This board and type of trading I believe can only work based upon probabilities with a defined method
Comments are Welcome !
Silver : Welcome to this board
There are lots of books on Options and if you search on Amazon you will find a very big selection
The one book that is relevant to this board and is an excellent primer on Options and trading them in the Earning News is by the authors John Chen and Ping Zhou. The Book is called " Trading On Corporate Earning News "
Hope this helps you
Good Luck
Hafiz : Ok I just checked this out , and I have signed up
thanks for informing me
No..never heard of it
New Trade Today
MNST
I bought the MAY 09 62 CALL at a STRIKE PRICE OF 4.90
UPDATE ON THE REGN TRADE
Again as per my post yesterday , I bought the MAY 09 PUT 295 Option at a strike price of 13.80
The trade started in my favour with a nice drop pre market on the results
However the pharm sector is hot so I set a lower target to close this trade at 17.90 and to be stopped out at 14.00
Result : I got stopped out at 13.26 after a reversal with a loss
of $54.00
I should make the point here, that I am not expecting every trade a winner.. Just the opposite I am presuming some trades at total loss
The deep ITM options provides some buffer
The key in my trading style is keeping the losses at a fixed amount based upon the pre markets and fixing the potential gains at a multiple
I will be posting more on this later with the probability stats and the maths behind this
UPDATE ON THE TSLA TRADE
As I posted yesterday I bought a May 09 PUT 215 with a strike price at 18.80
After hours the stock dropped and this morning pre open is was down to 181
This was an interesting challenge here as to when to close the position. I should make it clear that I am certainly no expert and do not possess a crystal ball which meant that closing this position required a defined target
Based upon the drop pre open , I set a target to close 33.00 and a stop at 23.50
Result - Never hit my target and I got stopped out at 23.45 with a net profit of $463.00
I will leave you to work out the return on this two day trade!
Earning Announcements worth Considering
Below is a select list that I have picked with the earnings announcement tonight and tomorrow morning
Please feel free to post any views on any of these stocks
MELI
MNST
RL
SSTK
SYMC
UBNT
Hafiz : Welcome. The mathematics behind the option are not that complex and only play a part in the understanding. The key really in my opinion is placing the trade in the right position and understanding the risks.
Options decay very rapidly and most people trading options do not account for this factor
However this board is not based upon trading options over a medium to long term. ( though there are special situations where this could be attractive )
This board is for very short term trading, discussion and ideas, where the time decay factor is not a key issue..
I will be updating this board on a regular basis after any trade that I execute with the result the following day. So you will be able to follow and see what I am doing