Bottom Seeker
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i know i should not be doing this but check out STEC
sold my position, will make re entry before closing around low .60s
I think XM was around 20 bucks pps or so back then while siri was $4 to $7 pps back then
good new released but still spirals down
This absolutely stinks, i took myself out a week ago and making up for it else where, but still watching. It's like buying a ZR1 corvette and selling it for the price of a 71 pinto
I seemed to have made a post that there have been a lot of up gaps on the pre-market, but wait till the 10th and things will change with the gap up. Post link below:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33428356
I'm at $1.15 and it's the most promising unpromising thing iv'e ever seen
It depends on if i'm against or for the reverse split, just trying to get opinions from other shareholders and their votes, not trying to be nosey but we all want this to work out.
Nope meaning you're not answering the question to increase the number of authorized shares of common stock from 4,500,000,000 to 8,000,000,000... or nope as for against?
As for your question, does a shareholder really think their vote counts...... Not in this crazy game we're playing, but i'll try to make it count, they say it's only money, but my wife, children, dogs and holy terror of a cat needs to eat too
Level 3 Communications Inc. (LVLT) Trade Alert - LVLT Announces an Effort to Push Back a Major Debt Repayment until 2013
Level 3 Communications Inc. (LVLT) shares climbed 5.29% Monday to close at 92 cents. Level 3 engages in the communications business in North America and Europe. Level 3's network and Internet services include transport services, high speed Internet protocol services, dedicated Internet access, virtual private network services, colocation services and dark fiber services.
In an effort to alleviate concerns over the company’s liquidity, Level 3 announced it is offering to buy back $1.14 billion worth of debt the company has coming due in the next two years. Also, it announced it will fund part of the purchase with the issuance of $400 million in new debt due three years later.
Its offer to buy 2009 and 2010 debt notes expires December 15. If holders of those notes sell back all of them, it would cost Level 3 $838 million. The company is funding part of the buyback with $400 million in debt notes due in 2013 that investment groups have agreed to buy. The rest of the 2010 debt repurchase would come from Level 3’s $438 million cash on hand.
In a research note, Credit Suisse analyst Chris Larsen stated, "The debt repurchase should alleviate concerns related to liquidity and near-term debt maturities through 2010."
Level 3's stocks had fallen in the recent downturn over concern about the company’s liquidity with such large debt repayments looming in 2009 and 2010.
Level 3's content distribution products and services comprise content delivery network, media delivery services, fiber optic and satellite video transport services, and advertising distribution services.
Its switched services include VoIP Enhanced Local to launch IP-based local and long-distance voice services to residential and business customers; Local Inbound service that terminates traditional telephone network originated calls to Internet Protocol termination points; E-911 Direct comprising a fixed-location solution with network connections to public safety answering points and a solution for nomadic voice over IP providers; and One Plus, an automatic number identification based and carrier identification code based service, as well as a dedicated end-user service.
Its enterprise local and long distance voice services include PSTN connectivity for customer telephone equipment; telephone numbers that include associated directory listings; standard services that comprise operator services, directory assistance and 911 services; and long-distance access services.
The company's switched services also comprise enterprise toll-free services; voice termination services; toll free services; and managed modem, an outsourced, turnkey infrastructure solution.
As of December 31, 2007, Level 3 Communications had an intercity network covering 67,000 miles and local networks in 116 markets in North America; and an intercity network covering 10,000 miles and local networks in nine markets in Europe.
Further, it sells coal primarily through long-term contracts with public utilities.
In its recent chart, LVLT is trading within its Bollinger Bands, a normal condition signaling that the stock is neither overbought nor oversold relative to the recent price action. MACD reflects a weak bullish signal, with the indicator trending above the 9-day moving average signal line but still below the 0 level, indicating bearish moving averages. With share prices currently below the stock's 13-day moving average, the bearish signal is more pronounced with decreasing moving averages.
How much lower does the board think it will go?
In its recent chart, CPST's MACD reflects a strong bearish signal, with the indicator below the 9-day moving average signal line, and also below the critical 0 level, indicating that moving averages are trending lower. CPST is trading within its Bollinger Bands, a normal condition signaling that the stock is neither overbought nor oversold relative to the recent price action. With share prices currently below the stock's 13-day moving average, an indication of a bearish trend is generally considered.
Eastunder Jen? Being I can't get an answer from anyone on this topic, maybe you will tell me your thoughts.
Could you please share your voting thoughts and explain why you would vote this way? For or against
2(SIRI): To approve an amendment to our certificate of incorporation to increase the number of authorized shares of our common stock from 4,500,000,000 to 8,000,000,000 shares. Against or For? And why for the way you voted.
What the heck is going on with this stock falling like it is.
Second Quarter revenue of $13.1 million up 74% from prior quarter and 82% from the same period last year. Backlog increased to $50.4 million, up 18% from prior quarter and 385% from the same period last year.
CHATSWORTH, Calif.--(BUSINESS WIRE)--Nov. 10, 2008--Capstone Turbine Corporation (www.microturbine.com) (NASDAQ:CPST), today reported operating results for its second quarter ended September 30, 2008 in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission.
Financial Summary
Capstone's backlog at the end of the second quarter was $50.4 million, an increase of approximately $7.7 million, or 18%, from the prior quarter and an increase of approximately $40.0 million, or 385%, from the same period last year.
"This quarter we increased production rates and achieved $13 million in revenue while having another strong bookings quarter with over $17 million in new orders," stated Darren Jamison, Capstone's President and Chief Executive Officer. "I am also proud of our achievements in the successful early launch of the C200 product line," added Jamison.
Capstone's revenue for the second quarter ended September 30, 2008 was $13.1 million, an increase of approximately 82% from the same period last year. Capstone shipped 172 units in the second quarter of Fiscal 2009, compared to 96 units for the same period last year.
The reported gross loss for the first quarter was $0.3 million, or 2% of revenue, compared to $0.8 million, or 10% of revenue, for the same period last year. The decrease in the gross loss and corresponding improvement in the gross loss percentage reflects increased sales of C30, C60 Series and C200 Series units along with higher absorption of overhead costs into ending inventory, offset by increased manufacturing and warranty expenses.
Research and development costs were $2.0 million for the second quarter, a decrease of $0.4 million, or 17%, from the same period last year. R&D expenses are reported net of benefits from cost-sharing programs. There were approximately $2.3 million of such benefits this quarter and $0.1 million of such benefits for the same period last year. The overall net decrease in R&D expenses resulted from additional funding from UTC Power Corporation for the cost-sharing program for the C200 commercialization, offset by increased spending for supplies, consulting, shared costs and labor expense.
Selling, general and administrative costs were $7.7 million for the second quarter, an increase of $1.8 million, or 31%, from the same period last year. The net increase in SG&A expenses was comprised of an increase in non-cash stock compensation and labor, travel, consulting and professional expense. The increase in labor and travel costs reflected the continued effort in developing worldwide distributors and launching the C200 and C1000 Series products.
Capstone's net loss was $9.9 million, or $0.06 per share, for the second quarter, an increase of $1.4 million from the $8.5 million loss, or $0.06 per share, reported for the same period last year.
Cash balances increased by $13.3 million during the second quarter of Fiscal 2009, due to our registered direct offering of common stock that closed on September 23, 2008 resulting in net proceeds of $29.5 million. As of September 30, 2008, cash and cash equivalents were $46.0 million.
Conference Call
The Company will host a conference call today, Monday, November 10, at 1:45 p.m. Pacific Time. Access to the live broadcast and a replay of the webcast will be available for 90 days through the Investor Relations page on the Company's website: www.microturbine.com.
About Capstone Turbine
Capstone Turbine Corporation (www.microturbine.com; NASDAQ:CPST) is the world's leading producer of low-emission microturbine systems, and was the first to market commercially viable microturbine energy products. Capstone Turbine has shipped over 4,000 Capstone MicroTurbine(R) systems to customers worldwide. These award-winning systems have logged millions of documented runtime operating hours. Capstone Turbine is a member of the U.S. Environmental Protection Agency's Combined Heat and Power Partnership, which is committed to improving the efficiency of the nation's energy infrastructure and reducing emissions of pollutants and greenhouse gases. A UL-Certified ISO 9001:2000 and ISO 14001:2004 certified company; Capstone Turbine is headquartered in the Los Angeles area with sales and/or service centers in New Jersey, New York, Mexico City, Milan, Nottingham, Shanghai and Tokyo.
"Capstone Turbine Corporation" and "Capstone MicroTurbine" are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.
CAPSTONE TURBINE CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except share amounts)
(Unaudited)
September 30, March 31,
2008 2008
------------- ----------
ASSETS
Current Assets:
Cash and cash equivalents $ 45,988 $ 42,605
Accounts receivable, net of allowance for
doubtful accounts and sales returns of
$687 at September 30, 2008 and $629 at
March 31, 2008 10,856 6,768
Inventories 23,887 14,472
Prepaid expenses and other current assets 2,941 1,614
------------- ----------
Total current assets 83,672 65,459
------------- ----------
Property, plant and equipment, net 7,268 5,536
Non-current portion of inventories 2,388 2,221
Intangible asset, net 490 624
Other assets 219 206
------------- ----------
Total $ 94,037 $ 74,046
============= ==========
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Accounts payable and accrued expenses $ 11,890 $ 7,964
Accrued salaries and wages 1,917 1,519
Accrued warranty reserve 4,321 4,591
Deferred revenue 1,012 780
Current portion of notes payable 19 13
Other current liabilities 3,540 5,658
------------- ----------
Total current liabilities 22,699 20,525
------------- ----------
Long-term portion of notes payable 31 5
Other long-term liabilities 387 463
Commitments and contingencies (Note 11) -- --
Stockholders' Equity:
Preferred stock, $.001 par value;
10,000,000 shares authorized; none issued -- --
Common stock, $.001 par value; 415,000,000
shares authorized; 174,323,989 shares
issued and 173,599,680 shares outstanding
at September 30, 2008; 148,238,852 shares
issued and 147,578,311 shares outstanding
at March 31, 2008 174 148
Additional paid-in capital 664,725 626,952
Accumulated deficit (593,111) (573,383)
Treasury stock, at cost; 724,309 shares at
September 30, 2008 and 660,541 shares at
March 31, 2008 (868) (664)
------------- ----------
Total stockholders' equity 70,920 53,053
------------- ----------
Total $ 94,037 $ 74,046
============= ==========
CAPSTONE TURBINE CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share data)
(Unaudited)
Three Months Ended Six Months Ended
September 30, September 30,
------------------- -------------------
2008 2007 2008 2007
--------- --------- --------- ---------
Revenue $ 13,121 $ 7,219 $ 20,645 $ 12,834
Cost of goods sold 13,448 7,975 22,074 16,063
--------- --------- --------- ---------
Gross loss (327) (756) (1,429) (3,229)
Operating expenses:
Research and development 2,017 2,433 4,001 5,182
Selling, general and
administrative 7,720 5,910 14,651 11,803
--------- --------- --------- ---------
Total operating expenses 9,737 8,343 18,652 16,985
--------- --------- --------- ---------
Loss from operations (10,064) (9,099) (20,081) (20,214)
Interest income 153 646 355 1,356
--------- --------- --------- ---------
Loss before income taxes (9,911) (8,453) (19,726) (18,858)
Provision for income taxes -- -- 2 2
--------- --------- --------- ---------
Net loss $ (9,911) $ (8,453) $(19,728) $(18,860)
========= ========= ========= =========
Net loss per common share --
Basic and Diluted $ (0.06) $ (0.06) $ (0.13) $ (0.13)
========= ========= ========= =========
Weighted average shares used
to calculate Basic and
Diluted net loss per common
share 159,240 145,440 154,990 144,710
========= ========= ========= =========
CONTACT: Capstone Turbine Corporation
Investor and investment media inquiries:
Alice Barsoomian, 818-407-3628
yes my T&S is up and running
I need $1.15
have no choice but to hold, thinking about adding LVLT, MPET, BCON and i don't know what to think about SIRI, all i know is that i'm voting against the R/S, this will spell disater, give it 3 days after the R/S and we all loose
do you own shares of capstone right now?
Seems that the CC gave good news,especially obamas clean air act. So what's your opinon on what this thing is going to do? My whole portfolio is taken a licken because of our little economic crisis we're having. Thinking about getting back in to day trading and working those morning up/down gaps to get some of my paper back...lol
To all shareholders of siri on this forum page. Could you please share your voting thoughts and Explain why you voted that way?
2(SIRI): To approve an amendment to our certificate of incorporation to increase the number of authorized shares of our common stock from 4,500,000,000 to 8,000,000,000 shares. Against or For? And why for the way you voted.
R/S......This is why in my profile under Investment Philosophy:
Refuse to donate paper to charity to save a company. Because a big chunk my paprer will be gone 2 to 3 days after the split & and won't never come back
yep , i posted this early this morning
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33614306
just sold some of my shares with cpst and rebought with those same exact funds with no money out of my pocket and accumulated even more free shares:)this is the 4 time in a row for free shares and will continue till i can't do it anymore, this company will go green.... you will see
Sirius trouble: Big losses, cloudy future... link below
http://articles.moneycentral.msn.com/Investing/Extra/sirius-trouble-big-losses-cloudy-future.aspx
I just received a voting packet from scottrade through the mail pertaining to SIRI, plan on voting this week coming up and mailing it back.
I agree the R/S will spell disaster, if you think it dropped like a rock like it is, just think after the R/S with a heck of lot less shares will do to us if it drops a dollar.
Thank you for your reply and please others respond to my post... Thankyou Ben
To all shareholders of siri on this forum page. Could you please share your voting thoughts and Explain why you voted that way?
1(SIRI): To approve an amendment to our certificate of incorporation to increase the number of authorized shares of our common stock from 4,500,000,000 to 8,000,000,000 shares. Against or For? And why for the way you voted.
2(SIRI) Approve an amendment to our certificate of incorporation to effect a R/S od our common stock.
Against or For? And why for the way you voted.
Ben
maybe a 4th tomorrow? is it pushing down in the morning? i think so, i want more free shares of this superman
i panic when i go long...lol, not saying i don't go long, i'm long right now with a company, that just had a 1/1000 RS and now back to the drawing board.... LONG!!!! lol... watch siri 20 to 10 mins before close, all hell will break loose as usual
I am simply amazed i should of waited and bought a .94ish but who kmows... give it one to two days, though fridays always suck
pull up your 1 minute chart with candle stick, keep an eye on the the simple average move line. When the line is under a high volume full candle stick or 2 sticks, she's fixing to fly to the sky, goes the same for the line on top of a high volume stick, she's going south fast, but i'm sure you day traders know this.. of course news helps too
Good news from the CC and this thing is still falling, obamas clean air act should been positive with capstone... maybe we'll see an increase later on
sold half my position yesterday at $1.13 and used those same funds and rebought a $1.07 for more free shares... love them gaps
as expected, 3rd day after the 10th. Not much of an up gap this morning from pre-market trades... up gaps have been huge before the 10th. Things are changing
why no pre-market activity this morning as of 9:05am... hum
Maybe a 3rd?
Nice down gap this morning at open, would of been a great fast profit
A Sirius-ly bad holiday on the way
Posted Nov 11 2008, 12:35 PM by Kim Peterson
Rating:
Filed under: Sirius XM, Kim Peterson
Investors are getting a clear look at the prospects for Sirius XM Radio, and it's not pretty. Third-quarter revenue and profit were disappointing, and things are going to get worse.
For the fourth quarter, Sirius expects to gain only 200,000 subscribers -- a far cry from the monster growth the industry enjoyed in the past. And new-car buyers aren't as thrilled with Sirius as they used to be: The percentage of buyers who keep the service after the free trial ends has fallen to 47% from 50.7%.
Sirius gets a lot of customers from new-car buyers, and so its fortunes rise and fall with the auto industry -- which is almost on life support. And so the company has found itself on what BusinessWeek calls "a long, challenging road ahead."
When families start slashing their spending, satellite radio shows up early on the elimination list. "They are a very, very discretionary expense," a consultant told BusinessWeek. "Families are cutting their expenses. It seems doubtless they'll lose some people that way."
Sirius shares are down to a measly 25 cents apiece. Even at that price, it's a stock I wouldn't waste money on.
yes i agree but someone is lining there pockets, i lot of buying and this out waives the sells, but the fact of the matter is, is the value of the stock has been dropping dropping and dropping regardless! We need better news is what we need
Buying 43.94%
Neutral %: 18.68 %
Selling %: 37.37 %
So time is a big factor on the split....hopefully there will be at least a 2 day notice on when the R/S go in event.
on the other hand Stifel’s spring is maintaining his BUY rating on Sirius XM with a price target of $1.25.