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Ya got a winner there Chory.
HBIO; I suspect there will be a very strong move to 5.10 before correcting.
FREE heeded my call to service...went ex-dividend today with Owner of record on the 20th...pay divi May 30. It's gonna be real interesting to see what happens next week...Golden Crossing today....owner of record date next Tuesday...I close on Tuesday....big sell off or climb the wall of worry?
I'm DONE WITH THIS SH*T!
WHAT'S THIS REALLY MEAN?
Salary.com(TM) Delivers 28th Consecutive Quarter of Revenue Growth and Reports Fiscal 2008 Financial Results
WEDNESDAY, MAY 14, 2008 4:01 PM
- BusinessWire
WALTHAM, Mass., May 14, 2008 (BUSINESS WIRE) -- Salary.com, Inc. (SLRY) , a leading provider of on-demand compensation and talent management solutions, today announced financial results for its fourth quarter and full year fiscal 2008, which ended March 31, 2008. Revenue in the fourth quarter was $9.3 million, an increase of 46% from the fourth quarter of fiscal 2007. For the full year fiscal 2008, revenue of $34.5 million increased 50% compared to fiscal 2007. Cash flow from operations in the fourth quarter of 2008 was a record $3.0 million, compared to $1.1 million in the fourth quarter of fiscal 2007. For the twelve months ended March 31, 2008, cash flow from operations was $8.4 million, an increase of 175% from fiscal 2007.
Kent Plunkett, founder and chief executive officer stated, "Salary.com continues to expand its position as a leading provider of on-demand compensation and talent management solutions. In the fourth quarter we delivered our 28th consecutive quarter of revenue growth as we continued to deliver on our growth strategy. In fiscal 2008 we posted 50% revenue growth year over year and a 23% free cash flow margin, for an operating performance in the top group among on-demand software companies."
Today, Salary.com also announced the appointment of Bryce Chicoyne as chief financial officer replacing Chris Power. There are no known disagreements with Mr. Power on any matters relating to Salary.com's operations, policies or practices.
"We are excited to have Bryce join our team. Bryce's skills in building strong finance teams at growing technology companies make him an ideal fit for Salary.com's culture and stage of growth. Bryce will be an asset to Salary.com as we continue our pace of rapid growth and expand our market leadership position. We look forward to officially welcoming Bryce during our fourth quarter 2008 earnings conference call today," said Plunkett.
Chicoyne is a seasoned financial executive and has extensive experience leading international financial operations, completing acquisitions and developing strong financial infrastructure for public companies. Mr. Chicoyne joins Salary.com from Harvard Bioscience (HBIO) , where he held the position of Chief Financial Officer from 2004 to 2008. In this role, he led the successful acquisition of an international company, implemented systems to comply with Section 404 of the Sarbanes-Oxley Act, and built a strong finance team. During his tenure at Harvard Bioscience, the company grew annual revenue nearly 30% to $83 million.
DEFECTION?
"This is a great time to join the Salary.com team. I believe that the company is well positioned to take advantage of significant growth opportunities. I look forward to leading the financial organization during this period of high growth," said Chicoyne.
Fourth Quarter Financial Highlights
-- Fourth quarter revenue of $9.3 million.
-- Record cash flow from operations of $3.0 million in the quarter and free cash flow, a non-GAAP measure, of $2.9 million. Cash flow from operations for the full year 2008 was $8.4 million, above Salary.com's prior outlook.
-- On a GAAP basis, Salary.com reported fourth quarter fiscal 2008 net loss attributable to common stockholders of $3.6 million, or ($0.26) per diluted share, compared to a net loss of $4.1 million, or ($0.44) per diluted share, in the fourth quarter of fiscal 2007.
-- On a non-GAAP basis, excluding the impact of stock-based compensation expense, amortization of intangibles and accretion of preferred stock, Salary.com reported a net loss attributable to common stockholders of $1.2 million, or ($0.09) per diluted share, in the fourth quarter of fiscal 2008, compared to a net loss of $1.1 million, or ($0.12) per diluted share, in the fourth quarter of fiscal 2007.
-- Cash and cash equivalents at the end of the fourth quarter of fiscal 2008 were $37.7 million, compared to $35.6 million at the end of the third quarter, with the increase primarily resulting from healthy cash flow from operations in the quarter.
-- Current deferred revenue grew to $20.5 million at the end of the fourth quarter, an increase from $19.4 million at the end of the third quarter. Total deferred revenue was $22.0 million at the end of the fourth quarter, which represented an increase from $20.9 million at the end of the third quarter.
Business Highlights
-- During the fourth quarter, Salary.com added nearly 240 new enterprise subscribers. Over the course of 2008, Salary.com grew its enterprise customer base from over 1,800 to nearly 2,800 in fiscal 2008.
-- New customer additions in the fourth quarter included marquee names such as Applied Materials, Bertelsmann, Inc, Greyhound Lines, Inc., Goya Foods, Martha Stewart Omnimedia, Scotts Miracle-Gro, Singapore Airlines, and Rolex Watch USA.
-- In March 2008, Salary.com released its first international dataset within the existing CompAnalyst market pricing suite in Canada and completed its first implementation. The Canadian version of CompAnalyst will allow employers to market jobs in Canada using a single, employer reported source of data and includes features such as comparison data represented in Canadian dollars and comprehensive data for over 600 benchmark job titles across 21 industries.
-- Also in March, Salary.com announced that it successfully earned the SAS 70 Type II Certification, an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA).
-- As announced April 16, 2008, Salary.com released the Hybrid Job Valuation Report Tool, an enhancement to the Job Valuation Report, to enable HR professionals and employers to accurately value blended or hybrid jobs within their organizations to ensure competitive pay packages for non-traditional positions.
-- Also in April, Salary.com announced the expansion of its talent management offering with the launch of TalentManager(R) Professional Edition for small and medium sized businesses. The professional edition is specifically designed for the needs of small and medium sized businesses with fewer than 500 full-time employees and aims to make pay and performance processes easy and hassle free.
-- Salary.com announced key strategic alliances with Convergys Customer Management Group Inc., InfoBasis Ltd. and Compensation Resources Inc. to offer enhanced solutions and consulting services. Salary.com will leverage partners to offer a full-suite of content-rich compensation and talent management software and advisory services to help customers deploy strategic talent management initiatives and increase return on human capital investment.
Business Outlook
Kent Plunkett, founder and chief executive officer commented, "In fiscal 2009 we plan to significantly increase our investment in sales and marketing to pursue the large market opportunity we see for our expanded product line in an underpenetrated market. While these investments will have a near-term impact on operating cash flow and net income, we believe they will accelerate the pace at which we will be able to realize our longer-term growth objectives. We expect these investments to allow Salary.com to grow our annual revenue to between $65 and $72 million and increase our annual operating cash flow to between $10 and $12 million by the end of fiscal 2010. Additionally, we anticipate that these investments will position us to achieve non-GAAP profitability in fiscal 2011."
For the first quarter of fiscal 2009, Salary.com expects total revenue in the range of $9.3 to $9.7 million. Non-GAAP net loss, which excludes non-cash stock-based compensation expenses of approximately $2.2 million and amortization of intangibles of approximately $0.8 million, is expected to be in the range of $3.5 to $3.9 million. GAAP loss for the first quarter of fiscal 2009 is expected to be in the range of $6.5 to $6.9 million. Weighted average shares for the quarter are estimated to be approximately 14.6 million shares.
Salary.com expects total revenue in fiscal 2009 to be in the range of $45.0 to $49.0 million. Due to the increased investment in sales and marketing mentioned above, cash flow from operations is expected to be in the range of $0 to $1.0 million for the full fiscal year. Non-GAAP net loss, which excludes non-cash impact of stock-based compensation expense of approximately $9.0 million and amortization of intangibles of approximately $3.0 million, is expected to be in the range of $10.0 to $13.0 million. On a GAAP basis, net loss for fiscal 2009 is expected to be in the range of $22.0 to $25.0 million. Weighted average basic shares for the year are estimated to be approximately 15.1 million shares.
Conference call
What: Salary.com fourth quarter and fiscal year 2008 financial
results conference call and webcast
When: Wednesday, May 14, 2008
Time: 5:00 PM ET
Live Call: (877) 397-0300, domestic
(719) 325-4921, international
Replay: (888) 203-1112, conference ID 7435715, domestic
(719) 457-0820, conference ID 7435715, international
Webcast: http://investor.salary.com/events.cfm (live and replay)
About Salary.com, Inc.
Salary.com is a leading provider of on-demand compensation and talent management solutions helping businesses and individuals manage pay and performance. Salary.com's highly configurable software applications, proprietary data and consulting services help HR and compensation professionals automate, streamline and optimize critical talent management processes including: market pricing, compensation planning, performance management, competency management and succession planning. Built with compensation and competency data at the core, Salary.com solutions provide businesses of all sizes with the most productive and cost-effective way to manage and inspire their most important asset - their people.
For more information, visit www.salary.com.
Safe Harbor Statement
This release contains "forward-looking" statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These are statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "may," "will," "expects," "projects," "anticipates," "estimates," "believes," "intends," "plans," "should," "seeks," and similar expressions. This press release contains forward-looking statements relating to, among other things, Salary.com's expectations and assumptions concerning future performance. Forward-looking statements involve known and unknown risks and uncertainties that may cause actual future results to differ materially from those projected or contemplated in the forward-looking statements. The risks and uncertainties referred to above include, but are not limited to, risks associated with possible fluctuations in our operating results and rate of growth, our history of operating losses, the possibility that we will not achieve GAAP profitability, our ability to expand our customer base and product and service offerings, interruptions or delays in our service or our Web hosting, our business model, breach of our security measures, the emerging market in which we operate, integration and performance of acquired businesses, our ability to hire, retain and motivate our employees and manage our growth, competition, our ability to continue to release and gain customer acceptance of new and improved versions of our service, successful customer deployment and utilization of our services, fluctuations in the number of shares outstanding and general economic factors, as well as those risks and uncertainties described in Salary.com's filings with the Securities and Exchange Commission. Salary.com expressly disclaims any obligation to update any forward-looking statements.
(SLRY-F)
Salary.com, Inc.
Condensed Consolidated Balance Sheets
March 31, March 31,
2008 2007
----------- -----------
ASSETS (unaudited)
Current assets:
Cash and cash equivalents $37,726,997 $49,016,389
Accounts receivable, net of allowance for
doubtful accounts 4,734,059 3,364,931
Prepaid expenses and other current assets 1,080,056 891,483
Deferred customer acquisition costs 842,417 919,080
----------- -----------
Total current assets 44,383,529 54,191,883
----------- -----------
Property, equipment and software, net 1,566,410 1,937,250
Goodwill and intangible assets, net 19,091,172 2,189,632
Other assets 1,168,403 356,708
----------- -----------
Total assets $66,209,514 $58,675,473
=========== ===========
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable and accrued compensation $ 4,681,387 $ 2,506,311
Accrued expenses and other current liabilities 2,764,673 1,104,714
Subscription payable 381,571 693,638
Deferred revenue, current portion 20,523,225 15,506,966
----------- -----------
Total current liabilities 28,350,856 19,811,629
----------- -----------
Deferred revenue, net of current portion 1,509,573 880,688
Long term liabilities 180,800 -
----------- -----------
Total liabilities 30,041,229 20,692,317
----------- -----------
Total stockholders' equity
Total stockholders' equity 36,168,285 37,983,156
----------- -----------
Total liabilities and stockholders' equity $66,209,514 $58,675,473
=========== ===========
Salary.com, Inc.
Consolidated Statements of Operations
Three Months Ended Year Ended
March 31, March 31,
------------------------- --------------------------
2008 2007 2008 2007
------------ ------------ ------------- ------------
(unaudited) (unaudited)
Revenue:
Subscription
revenues $ 8,507,552 $ 5,738,251 $ 31,551,867 $20,502,788
Advertising
revenues 806,232 660,987 2,955,331 2,531,259
------------ ------------ ------------- ------------
Total revenues 9,313,784 6,399,238 34,507,198 23,034,047
Cost of revenues
(1) 2,515,602 1,676,726 8,229,158 5,334,018
------------ ------------ ------------- ------------
Gross profit 6,798,182 4,722,512 26,278,040 17,700,029
------------ ------------ ------------- ------------
Operating
expenses:
Research and
development (1) 1,463,853 1,308,462 4,941,351 4,115,635
Sales and
marketing (1) 5,395,047 3,744,375 18,963,042 12,792,121
General and
administrative
(1) 3,354,457 3,947,210 13,498,787 8,922,186
Amortization of
intangible assets 389,374 24,250 1,125,863 125,998
------------ ------------ ------------- ------------
Total operating
expenses 10,602,731 9,024,297 38,529,043 25,955,940
------------ ------------ ------------- ------------
Loss from
operations (3,804,549) (4,301,785) (12,251,003) (8,255,911)
------------ ------------ ------------- ------------
Other income
(expense):
Interest income 336,410 291,244 1,906,172 297,690
Interest expense - (37,956) - (115,595)
Other income
(expense) (104,471) (5,696) (48,387) (8,010)
------------ ------------ ------------- ------------
Total other income
(expense) 231,939 247,592 1,857,785 174,085
------------ ------------ ------------- ------------
Loss before
provision for
income taxes (3,572,610) (4,054,193) (10,393,218) (8,081,826)
Provision for
income taxes 65,900 - 204,800 -
------------ ------------ ------------- ------------
Net loss (3,638,510) (4,054,193) (10,598,018) (8,081,826)
Accretion of
preferred stock - (83,800) - (470,796)
------------ ------------ ------------- ------------
Net loss
attributable to
common
stockholders $(3,638,510) $(4,137,993) $(10,598,018) $(8,552,622)
============ ============ ============= ============
Net loss
attributable to
common
stockholders per
share - basic and
diluted $ (0.26) $ (0.44) $ (0.77) $ (1.42)
============ ============ ============= ============
Weighted average
shares
outstanding -
basic and diluted 14,226,574 9,405,024 13,791,680 6,022,792
(1) Amounts
include stock-
based
compensation
expense, as
follows:
Three Months Ended Year Ended
March 31, March 31,
------------------------- --------------------------
2008 2007 2008 2007
------------ ------------ ------------- ------------
Cost of revenues $ 287,764 $ 204,147 $ 800,353 $ 437,177
Research and
development 201,112 298,036 458,680 504,609
Sales and
marketing 504,266 472,515 1,777,764 986,090
General and
administrative 660,281 1,903,955 2,092,440 2,437,435
------------ ------------ ------------- ------------
$ 1,653,423 $ 2,878,653 $ 5,129,237 $ 4,365,311
============ ============ ============= ============
Salary.com, Inc.
Condensed Consolidated Statements of Cash Flows
Three Months Ended Year Ended
March 31, March 31,
------------------------- --------------------------
2008 2007 2008 2007
------------ ------------ ------------- ------------
(unaudited) (unaudited)
Cash flows from
operating
activities:
Net loss $(3,638,510) $(4,054,193) $(10,598,018) $(8,081,826)
Adjustments to
reconcile net
loss to net cash
provided by
operating
activities:
Depreciation and
amortization 932,900 317,283 2,785,576 974,822
Stock-based
compensation 1,653,423 2,878,653 5,129,237 4,365,311
Other non-cash
items (8,790) 3,471 304,185 263,397
Change in
operating assets
and liabilities 4,076,179 1,945,106 10,806,625 5,545,634
------------ ------------ ------------- ------------
Net cash provided
by operating
activities 3,015,202 1,090,320 8,427,605 3,067,338
------------ ------------ ------------- ------------
Cash flows from
investing
activities:
Cash paid for
acquisition of
business (700,000) - (16,366,510) (660,000)
Cash paid for
intangible assets (22,181) (42,776) (2,405,087) (1,542,776)
Increase in
restricted cash (7,383) - (738,706) -
Purchases of
property and
equipment (35,753) (353,232) (251,859) (1,301,342)
Capitalization of
software
development costs (107,704) (144,753) (390,218) (268,900)
------------ ------------ ------------- ------------
Net cash used in
investing
activities (873,021) (540,761) (20,152,380) (3,773,018)
------------ ------------ ------------- ------------
Cash flows from
financing
activities:
Net proceeds from
initial public
offering - 49,923,141 - 48,023,316
Net proceeds from
exercise
(buyback) of
common stock
options and
warrants (24,676) 49,932 439,320 685,704
Net repayments
from revolving
lines of credit
and term loan - (4,327,778) - (800,000)
------------ ------------ ------------- ------------
Net cash provided
by (used in)
financing
activities (24,676) 45,645,295 439,320 47,909,020
------------ ------------ ------------- ------------
Effect of exchange
rate changes on
cash and cash
equivalents (701) (666) (3,937) (666)
------------ ------------ ------------- ------------
Increase
(decrease) in
cash and cash
equivalents 2,116,804 46,194,188 (11,289,392) 47,202,674
Cash and cash
equivalents,
beginning of
period 35,610,193 2,822,201 49,016,389 1,813,715
------------ ------------ ------------- ------------
Cash and cash
equivalents, end
of period $37,726,997 $49,016,389 $ 37,726,997 $49,016,389
============ ============ ============= ============
Salary.com, Inc.
Reconciliation of Non-GAAP Measures
Three Months Ended Year Ended
March 31, March 31,
------------------------- --------------------------
2008 2007 2008 2007
------------ ------------ ------------- ------------
(unaudited) (unaudited) (unaudited) (unaudited)
Reconciliation of
GAAP loss from
operations to
non-GAAP loss from
operations:
Loss from
operations $(3,804,549) $(4,301,785) $(12,251,003) $(8,255,911)
Amortization of
intangible assets 389,374 24,250 1,125,863 125,998
Amortization of
intangible assets
(included in cost
of revenues) 365,018 7,146 671,966 27,146
Stock-based
compensation 1,653,423 2,878,653 5,129,237 4,365,311
------------ ------------ ------------- ------------
Non-GAAP loss from
operations $(1,396,734) $(1,391,736) $ (5,323,937) $(3,737,456)
============ ============ ============= ============
Reconciliation of
GAAP net loss
attributable to
common
stockholders to
non-GAAP net loss
attributable to
common
stockholders:
GAAP net loss
attributable to
common
stockholders $(3,638,510) $(4,137,993) $(10,598,018) $(8,552,622)
Accretion of
preferred stock - 83,800 - 470,796
Amortization of
intangible assets 389,374 24,250 1,125,863 125,998
Amortization of
intangible assets
(included in cost
of revenues) 365,018 7,146 671,966 27,146
Stock-based
compensation 1,653,423 2,878,653 5,129,237 4,365,311
------------ ------------ ------------- ------------
Non-GAAP net loss
attributable to
common
stockholders $(1,230,695) $(1,144,144) $ (3,670,952) $(3,563,371)
============ ============ ============= ============
Non-GAAP net loss
attributable to
common
stockholders per
share $ (0.09) $ (0.12) $ (0.27) $ (0.59)
============ ============ ============= ============
Weighted average
shares
outstanding -
basic and diluted 14,226,574 9,405,024 13,791,680 6,022,792
Reconciliation of
GAAP cash flow
from operations
to
non-GAAP free cash
flow:
GAAP cash flow
from operations $ 3,015,202 $ 1,090,320 $ 8,427,605 $ 3,067,338
Purchases of
property and
equipment (35,753) (353,232) (251,859) (1,301,342)
Capitalization of
software
development costs (107,704) (144,753) (390,218) (268,900)
------------ ------------ ------------- ------------
Free cash flow $ 2,871,745 $ 592,335 $ 7,785,528 $ 1,497,096
============ ============ ============= ============
The non-GAAP financial measures in the text of this press release and accompanying non-GAAP supplemental information represent financial measures used by Salary.com's management to evaluate the operating performance of the Company and to conduct its business operations. Non-GAAP financial measures discussed in the press release exclude amortization of intangible assets, stock-based compensation and the accretion of preferred stock. By excluding these non-cash charges, Salary.com can evaluate its operations and can compare its results on a more consistent basis to the results of other companies in the industry. Management uses the non-GAAP financial measures for planning purposes, including the preparation of operating budgets and to determine appropriate levels of operating and capital investments. Management also believes that the non-GAAP financial measures provide additional insight for analysts and investors in evaluating the Company's financial and operational performance and in assisting investors in comparing the Company's financial performance to those of other companies in the Company's industry, many of which present similar non-GAAP financial measures to investors. However, these non-GAAP financial measures are not intended to be an alternative to financial measures prepared in accordance with GAAP and should not be considered in isolation from our GAAP results of operations. Pursuant to the requirements of the SEC Regulation G, a detailed reconciliation between the Company's GAAP and non-GAAP financial results is provided in this press release and investors are advised to carefully review and consider this information as well as the GAAP financial results that are disclosed in the Company's SEC filings.
SOURCE: Salary.com, Inc.
Media:
Schwartz Communications
Bill Keeler, 781-684-0770
or
Investors:
Salary.com, Inc.
Bryce Chicoyne, CFO, 781-464-7889
or
Integrated Corporate Relations
Garo Toomajanian, 781-464-7340
Copyright Business Wire 2008
Yes I see but what leaked GOOD or BAD? Where's my Stop calculator?
OH! I thought you meant; ITM Market Vectors Etf Tr (AMEX) Delayed quote data 5/16/2008 9:51 AM
Last:
103.88 Change:
+0.18 Open:
103.95 High:
103.95 Low:
103.88 Volume:
400
Percent Change:
+0.17% Yield:
2.17% P/E Ratio:
n/a 52 Week Range:
102.00 to 111.00
ITM
Market Vectors Etf Tr 103.88 +0.18
Options
No Option Chain found
Hammer down to the 200?
USS moving strong....bears watchin!
Check your e-mail
I think....KCI is a good bet..do you have reports?
I'm in FREE at 7.69...can't wait, gotta go evict somebody! Have a nice day (:<(
We ain't havin a lot of fun at this time!
I'm going into FREE....I'm trying 7.65.
ALEX...check out FREE again! Msg# 422 this board
FreeSeas Announces Second Quarterly Dividend.
MONDAY, MAY 12, 2008 8:01 AM
- PrimeNewswire
PIRAEUS, Greece, May 12, 2008 (PrimeNewswire via COMTEX) -- FreeSeas Inc. (FREE) (FREEW) (FREEZ) ("FreeSeas" or "the Company"), a provider of seaborne transportation for drybulk cargoes, announced today that its board of directors has approved a quarterly dividend of $0.175 per share. The cash dividend will be paid on May 30, 2008, to all stockholders of record as of May 20, 2008.
Today FREE dropped to the Bollinger mean which has been a lower trend line for some time.
Yeah I'm holding a few at 6.50+ and look to break even.
Big disappointment.
UNBELIEVABLE....USS. I've made 10% on my trades with USS from YTD. I almost went back in a week ago....HOLY SCHEITZ thank you Lady Luck!
KCI...looks great coming out of compression.
Gotta watch it....on a pull back, can the resultant share price generate 10% plus divi?
I'll look closer tomorrow....healthy gain today traders take profits tomorrow
This is the Good Ol' Boy that is screwing up my MCGC and AFN.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?symb=IMB&time=&freq=
I did cash out some lower purchased MCGC on a 3% pop to 6.81 today. Went back into AFN at 2.625....they say they have the cash to pay dividends through the rest of 2008...I guess we will see.
Like a rock skipping on the water surface...as soon as it looses momentum, it will sink.
Ah yes! I recognize GNV's chart pattern....a Norweigen Circle Jerk.
Looks like the day of the divi is over.
I'm off to work the rentals.
The Market Makers are gonna make a long hot summer for us.
They ripped the hell outta USS....glad I wasn't in....went x-divi y-day, owner of record May 16, pays .45/share May 21...I almost went in...HOLY DOWNTICKS BATMAN!
If GOD would have wanted you to FLY he would have pasted feathers to yourass.
Er...yeah?
That's how I get trapped....no stops, or unbridled optimism.
Yup...just busy. Besides there ain't no joy in mudville today!
Press one for Spanish.
¡Sí tuve la mierda echó de mí también!
Press two for German
Ja habe ich die Scheiße gehabt, die von mir auch rausgeschmeißt worden ist!
Or
Just stay on the line for English
Yes, I had the sh8t kicked out of me too!
DOUCHE!
I don't know about that. I get a different top ten performers.
http://stockcharts.com/charts/candleglance.php?CRF,PEO,BGR,TWN,GF,GCS,TINY,LDF,TFC,CUBA|B|E12,26,9
They are killing the financial markets today....CRF was a leading performer;
http://bigcharts.marketwatch.com/industry/bigcharts-com/focus.asp?orig=charting&symb=CRF&framed=False&bcind_ind=8985
I got murdered when MCGC cut the dividend today
Now I get to go out and deal with the vagarities of rental property management all the while I'm left licking my wound!
AFN is back in my target sight..27% dividend! I don't know why they raced the SOB up so high so quick recently.
Oh I don't know...."the grass always looks greener". Some stocks just make money for you. USS does that for me , but am I in it now, NO fk NO!
I'll probably give up trying to break even on GNV and try to snag the August divi on USS.
TICC Just bought the other 500 at 7.3675...man I just don't have time to chase too much. I hate shooting from the hip, and today I bought into a Gravestone Doji. Hope for a white candle recovery this afternoon.
TICC I bought 500 shares at 7.65...I couldn't wait, I have too much outside work. My objective was 1000 shares so now I'm lurking to pick up the up the other 500 shares.
I'm checking....end of May?
NO NEWS, NO SEC FILINGS THAT I CAN FIND!
Bollingers necking down.
UH, OH found one.
Bollingers necking down
Yeild, over 18%
Dividend coming up in a couple of months.
TICC Declares 2Q Distribution, Reports 1Q Earnings
Tuesday 05/06/2008 9:53 AM ET - Dow Jones News
As of 10:53 AM ET 5/7/08
DOW JONES NEWSWIRES
TICC Capital Corp.'s (TICC) total investment income stood at $11.5 million in the first quarter, up from $9.9 million a year earlier.
The Greenwich, Conn. company said its net investment income slipped to $6.3 million from $6.6 million.
It declared a second-quarter distribution of 30 cents a share for the second quarter, payable June 30 to shareholders of record on June. 16.
-Carolyn King; 416-306-2100; AskNewswires@dowjones.com
(END) Dow Jones Newswires
05-06-08 0952ET
Copyright (c) 2008 Dow Jones & Company, Inc.
Yep...RIGHT...GREEDY never pays!
And I got out at 3.21
AND I'M HOLDING GNV! I NEED MY F'KING HEAD EXAMINED!
WTF
What's your near term target price....46..?