Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
You are spot on.
Trefis did a great write up on the valuation here that I think everyone should read. The selloff is badly overdone IMO and you can see the options players are expecting a beat. There is lots of promise here on international expansion, point of sale payments, and breadcrumb which I've seen picking up steam at restaurants.
I would highly encourage a good read through of the report on the page below, click on "Download Research Report" for the full details of how they arrived at the numbers. www.trefis.com/company?hm=GRPN.trefis&from=search#]
Growth in Asia
http://www.hispanicbusiness.com/2012/8/24/groupon_gobbles_up_local_dailydeal_internet.htm
Interesting article that makes you wonder if the model might be increasingly impactful overseas than domestically.
What WSJ got wrong about Groupon <article>
http://finance.fortune.cnn.com/2012/08/20/things-wsj-didnt-tell-you-about-groupon/
More important, however, is the broader conclusion about lost faith in the new Internet crop. Pretty tough leap, considering that Andreessen Horowitz is among those early Facebook (FB) investors that didn't sell shares when the lockup expired last week. Is Facebook not one of the "companies that had been expected to drive a new Internet boom?" Or is selling Groupon somehow more important than holding Facebook? Or did WSJ just not bother to check?
Also not mentioned is that New Enterprise Associates, Groupon's earliest and largest outside investor, has held onto all of its shares since Groupon went public. You'd think that would be some relevant balance for a story titled "Groupon investors give up." Particularly given that Andreessen was referred to as "among the investors who helped fuel Groupon's rapid ascent," despite investing a full three years after NEA first cut a check.
And then there is what WSJ does mention: How certain pre-IPO investors, including T. Rowe Price and Morgan Stanley (MS), not only haven't sold Groupon stock, but actually have increased their holdings. Did the headline writer not read down that far?
Options spreads bullish?
http://www.schaeffersresearch.com/marketcenters/optionscenter/content/groupon+option+traders+hope+the+worst+is+over/default.aspx?ID=112476
...it looks like some options speculators are hoping the worst is over for the daily deals concern, as evidenced by Friday's affinity for short puts and long calls.
By the closing bell, GRPN had seen around 33,000 calls and 68,000 puts change hands, far surpassing its average daily volume of around 16,000 calls and 17,000 puts. Digging deeper, traders established new positions at the January 2013 4-strike call, which saw open interest climb by more than 6,000 contracts over the weekend. Plus, a healthy portion of the LEAPS traded at the ask price, hinting at buyer-driven volume. By purchasing the calls to open, the buyers are expecting GRPN to rebound off the $4 level and pare some of its losses over the next few months.
Meanwhile, the September 4 put saw the heftiest change to open interest, with more than 11,500 contracts added. However, 80% of the newly front-month puts crossed the tape at the bid price, suggesting they were sold. By writing the 4-strike puts to open, the sellers are expecting GRPN to remain north of the $4 level over the next few weeks. In this best-case scenario, the puts will expire worthless and the traders can retain the entire premium received from the sale.
Despite the stock's dismal technical performance of late, bullish bets are nothing new for GRPN. On the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), the equity sports a 10-day call/put volume ratio of 1.27, indicating that traders have bought to open more calls than puts during the past couple of weeks.
Nevertheless, it's worth noting that short interest on the equity more than doubled during the past month, and now represents nearly one-quarter of GRPN's total available float. In fact, at the security's average daily trading volume, it would take nearly seven sessions to repurchase all of these pessimistic positions. Against this backdrop, it's possible that the recent affinity for long calls could be due to hedging activity among the shorts.
Ahead of the bell, the shares of GRPN are pointed 2.1% lower. However, after surrendering nearly 77% of its value in 2012, the equity's Relative Strength Index (RSI) now sits at 30 -- in oversold territory.
Analyst rates buy on higher ad revenue, share overhang overdone..
http://www.thefiscaltimes.com/Columns/2012/08/06/Why-One-Facebook-Analyst-Moved-from-Sell-to-Buy.aspx#page1
Huge opportunity for FB in payments...
http://www.fool.com/investing/general/2012/08/04/facebooks-next-big-moneymaker.aspx
If they can capitalize on this it could be huge for them...
Nice move today... Got in @ 1.91 and rode the wave up...
Trying to understand reasoning behind the move and this excerpt among other positive factors (earning, technicals) seemed to have played a role:
Sirius XM Radio (NASDAQ:SIRI): Presently, Liberty Media maintains a considerable stake in Sirius and is aiming for control. With awareness of a $1B victory within Liberty’s reach (the sale of Liberty’s stake in USA Network to Vivende Universal SA), Liberty Media can consider plans and possibilities throughout its holding that might not have existed before.
http://wallstcheatsheet.com/stocks/best-buy-looks-desperate-and-3-widely-held-stocks-making-waves-now.html/?ref=YF
Agreed- news is good. I've been wondering why the stock has been under accumulation the last few days. Now I can see why... If it all goes as planned you consider every 10 shares of BEHL will get you one share of bnpd which is trading at roughly 700% price of BEHL right now, that's pretty significant.
I would expect some good buying to occur between now and closer to the dividend date.
JMO.
Well BEHL is anything but transparent when it comes to its financials. Good luck with that... If you want transparency you should look into a safer investment.
Gummy, what did you think about the PSC quote by DF. Wasn't PSC compensated by BEHL with stock to get promoted? Didn't DF publicly admit to that at the Shareholder meeting?
FNMA UP AGAIN 16%
Up in after hours... likely those wishing to sell have already sold.
Agreed... the selloff is excessive here. I think we'll bottom out in the .25 range, look for a bounce. Good time to buy.
I lost a good chunk of cash when BEHL tanked right after that "Short" PR. I wonder, if PSC is found guilty of wrongdoing if there will be any settlement to shareholders who lost money as a result of their faith in the companies PR.
Great article
http://www.timbovee.com/2010/06/fnm-watch_6287.html
Outlook in the long term is still uncertain, but FNM and FRE will continue to hold their own at least through next year IMO.
GLTA!
Great article
http://www.timbovee.com/2010/06/fnm-watch_6287.html
Outlook in the long term is still uncertain, but FNM and FRE will continue to hold their own at least through next year IMO.
GLTA!
This lack of movement in the P's is not good imo... If there was genuine excitement about a settlement we would see the P's and K's move with the U's, moreso what we're seeing is people just riding the U train trying to make a fast buck.
I own P's personally, and think they are the safest bet of the three. IMO we will REALLY move after the judge orders the examiner.
GLTA.
Hey Banyon, you don't need to hear it from BEHL... just go here:
http://emerginggreencompanies.com/disclaimer.html
Scroll all the way to the bottom:
They were compensated 1,000,000 shares. Date is not disclosed.
EGC is such a joke. The only company they really ever profiled was Biocentric. It's just another marketing front for them. (A terrible one at that).
Here is one potential bullish thought that comes to mind... and that is if, in a bid to get more volume, Mr. Fisher will turn to PSC again to get this move... he has denied making such a move in the past. But I think its very possible, given the increase to the float... that he may attempt this to avoid dilution yet again.
The U's are having a great day, but the P's are stuck. What gives?
Where did you find out about these guys and that they have proof?
The plot thickens...
Your right. I will never depend on a shareholders notes again. Here's the unreliable notes you were referring to... since my last post was deleted. *sigh*
See item #15 in Notable Q&A.
Posted by: Matholomule Member Level Date: Thursday, February 25, 2010 3:23:53 AM
In reply to: Steve017 who wrote msg# 77878 Post # of 90643 Send a link via email Share on Facebook Tweet this post
BEHL SHAREHOLDER MEETING SUMMARY
Made possible by Don Santiago, Thanks!!!
BEHL SHAREHOLER’S MEETING NOTES
Notes in red are my opinion
* indicates important info
In attendance: Dennis Fisher, Monique Berry, Frank Rawson and Katherine(?). About 26 people showed out of thousands of invitations. Some may be from other co.’s/analysts.
Dennis Fisher opens meeting with a short speech. He starts with a quote then announces his resignation as CEO effective April 1. He will be Executive V.P of Business Development; his specialty.
Goals are set:
90 Days:
1. Completion of website
2. New lab in Santa Ana
3. 3 Photo Bio Reactors operating in Santa Ana
4. The same as #3 in South Carolina
5. Start of ops in Lone Star College
6. New Acres
7. New CEO- will start in March but formal announcement on 4/2
8. $5 mil raise of capital from Black Rock
9. Completion of 10-4, 1521 and Govt. Funding filings
10. Sell more reactors
11. Sell desktop reactors
12. Work on reactors
13. Patents
6 Months:
Goals but attainable
1. Complete 2 acres
2. Sign 2 clients
3. Sign 1 client
4. Additional Omega 3 reactors
5. Sales
1 Year:
1. 25 acres
2. Prepare for NASDAQ
2 Years:
1. Photo Reactor
2. Will be on NASDAQ
3. Attractive to be an acquisition target
Dennis’ speech was short. He did recognize he was egotistical.
He then opened the floor for questions and immediately questions began. One questioned the overall business plan. The other was very knowledgeable about the co.(Overheard later he has been researching Algae for years but I believe he had more interest. Other source in room had a long conversation with him.) Both got under Dennis’ skin.
Notable Answers from Q & A Period:
1. There is an issue with permits all the time. San Juan took 1 day. Huntington Beach are being assholes.
2. There will be no sale of reactors without BEHL managing
3. Very, very close relationship with RWE
4. Vague about relationship with Envirotek: One asked about board member’s relationship but Dennis was vague in his answer.
5. *Revised bus. Plan in about a week and a half. It will be sent out. If not, one can request.
6. *Dennis was very upset about skyrocketing of price .016.There was no reason for it. Someone asked if pennystockhaser.com was to blame for the hype and Dennis seemed to think so. Current value of stock is about right- not more than 0.10
7. Deal with Czech is over. Better to stay with U.S. But someone asked about Africa and there is still interest.
8. Easier to develop Omega 3 for consumer use than animals due to FDA.
9. Extracting oil from algae is not cheap. Right now, $80 per gallon. However, someone from Santa Fe was in attendance is developing a new system. Dennis will take a look. There also a million strands of algae and only a few thousand have been discovered.
10. Process being developed for cold weather.
11. * Because of 5 mil in capital, they expect 2010 to be profitable.
12. * There will be no reverse split
13. Real estate values are a prob. Land in Huntington Beach may be rezoned from agricultural to housing- what was once $5 mil. Is now $1.5 mil.
14. *BEHL will grow through contracts and Omega 3 contracts.
15. $1 bil. Shares is all that will be issued. No more.
16. *Expect a 10% increase in market cap. Growth.
All in all, a very useful meeting. Dennis resignation was a bit of a shocker, but it will remain to be seen who this new CEO will be. Dennis emphasized the very close relationship with RWE but, what is the relationship with Envirotek?
Being on the OTC and govt. funding will in no doubt put BEHL on the radar map of many financial institutes. $5 mil. Influx of capital is very interesting but resulting in profitability makes me question the long term growth profit.
However, attaining NASDAQ status piqued interest. Requirements must be $3.00/share for a number of days. To do this in 2 years is quite lofty especially if BEHL is depending on sales/contracts.
In my opinion, BEHL is currently a long term hold. One may see large profits in 2 years. But the revised plan expected in a week and a half should be examined thoroughly reviewed. A new CEO may also pursue aggressive action and/or take BEHL in a new direction.
Dilution is not wrong, but when you stand up at your shareholders meeting and tell your shareholders "NO MORE DILUTION" would it at least seem the least bit decent to inform your shareholders of your decision to dilute by another 50% and provide them with an explanation as to why.
It is the lack of transparency with BEHL that is alarming, and the continious path of lies that have come out of DF's mouth since last year. He is a PR machine, but .05% of what he says come to reality.
How can anyone trust this guy?
How can anyone trust this company?
If you want to invest in speculative stocks there surely have to be better places to put your money, no?
People, stop making excuses for management and call them to account for what they've done! They had PSC pump the hell out of this stock to .15, then they diluted the hell out of it to finance operations or God knows what else without ever providing any explanation to shareholders and just pumping out one more PR after another about signing a big deal or getting so many millions of dollars in financing from black rock or whoever it was. All lies... anything is possible, perhaps people are being compensated, perhaps people at the company are lining their pockets. We just don't know... WHY? Because there is no transparency!!
People got suckered in to this earlier and have lost thousands of dollars...
Like I said earlier if this is not a CAVEOT EMPTOR I don't know what is.
GLTA...
It'll rise, perhaps briefly, as day traders play it for a fast buck. But then it'll tank again to .002, .001... there's no sign of a turnaround any time soon. Look at the technical's and the charts.
Go invest in something real, something tangible, something with transparency, and something where the CEO won't keep diluting the share count to hell. If things change here you can always come back. There are over 1.5 billion shares now, this puppy ain't goin' nowhere.
Good luck to you either way...
Maybe if you buy enough shares you can wind up on the Board of Directors for BEHL and whoop 'em into shape!
Gummy -- the pictures in your sig are always priceless!
Fishocchio!
Why not Behlieve on the craps table in Vegas, you might have better chances?
Speculation has made people broke on this stock khesanh. They may just as likely fail and dilute again! Given their background isn't that more likely??
Go put your money elsewhere if they do pull something off you can always make money again later without taking the risk in the short term!
DF has lied repeatedly to shareholders. He looked people in the eye at the Vegas meeting and said No More Dilution. He had PSC pump this stock to high heaven and put out PR after PR of smoke and mirrors, never once providing verifiable revenues. Having hope is one thing but I don't think anyone should touch this tied of a company until they put out verifiable revenues.
DF had played on peoples hopes enough, I hope he is somehow punished for his immoral actions.
If you do find proof report it to pinksheets so they get slapped with caveat ptor status again!
Did you guys just see how they painted the close down. 45 shares at 32.20 Last three trades prior were 34 +!
If I had commons I would take advantage of this pop to sell them right now and buy P's.
P's will get paid near face value ($1000) before the U's get a chunk of the pie.
Look at the complete disregard for the bid and ask prices. Amazing!
Are P's going to have to be paid full face value before commons are paid? Does anyone have a prediction?
Can anyone post a level 2 snapshot please!
Look who's buying:
http://data.cnbc.com/quotes/WAMPQ/tab/8.1
So if bondholders are voting it down... back to the drawing board they go again. This is good for equity holders as well I would think...
I would have him buy preferred's.
What did you hear?
WAMPQ volume spiking