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GNBT slowly moving up! imo
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PieSky CGCP news this morning, earnings another 3 weeks away.Should see a drop between now & then. Thanks Jerry http://biz.yahoo.com/prnews/050207/lam038_1.html
CGCP Chart & preannounce earnings! http://stockcharts.com/gallery?CGCP CardioGenesis Announces Preliminary Fourth Quarter, Year End Results
Tuesday January 18, 7:32 am ET
Fourth Quarter Revenue Highest in Last Four Years; Positive Operating Results Expected for Both Fourth Quarter and 2004
FOOTHILL RANCH, Calif., Jan. 18 /PRNewswire-FirstCall/ -- CardioGenesis Corporation (OTC Bulletin Board: CGCP - News), the market leader in surgical products and accessories used in angina-relieving Transmyocardial Revascularization (TMR) and Percutaneous Myocardial Channeling (PMC) procedures, today announced that fourth quarter and 2004 annual revenues are expected to be at their highest level in the last four years. Strong TMR handpiece sales combined with laser sales in the fourth quarter resulted in expected revenues in the range of $4.9 - $5.1 million for the fourth quarter and $15.2 - $15.4 million for the year. These results reflect an estimated 80% quarter-to-quarter increase in revenues from the 2004 third quarter, a 48% increase in revenues compared to Q4 of 2003, and a 14% year-to-year increase in revenues from the prior year.
The Company also announced the highest level of handpiece sales in eight quarters with handpiece sales exceeding 800 units in the fourth quarter. Laser sales were also robust in the fourth quarter with 11 units sold. The FDA approval in late December of the SolarGen 2100s provided the Company with the opportunity to sell three SolarGen 2100s units in December. Chairman and CEO, Michael J. Quinn commented, "Customer reactions to our advanced TMR PLUS Platform and SolarGen 2100s have been very positive."
CGCP I'm in for long haul also expecting good results per pr!Made a mint a year or so ago on CGCP preannouncing.I believe in the charts but don't know all that much yet!Good Luck Jerry CardioGenesis Announces Preliminary Fourth Quarter, Year End Results
Tuesday January 18, 7:32 am ET
Fourth Quarter Revenue Highest in Last Four Years; Positive Operating Results Expected for Both Fourth Quarter and 2004
http://biz.yahoo.com/prnews/050118/latu055_1.html
Anyone like GNBT, alot of mm's lining up on the bid? Thanks Jerry
FOGC AVG.around .09 now after some good rightoffs
Dooey go play with yourself!I was talking to a shareholder not a BASHER.
CGCP Ut .65/.68
What good is it with No press releases or filings? Thanks Jerry
Top secret???
Thanks
All out for now!Will watch & read FILING??????
Anyone with a take on CGCP chart? Thanks Jerry
http://stockcharts.com/def/servlet/SC.web?c=CGCP
CGCP should start a move up shortly!imo
http://biz.yahoo.com/prnews/050118/latu055_1.html http://stockcharts.com/gallery?CGCP
Not for another weekend!
EGSRE back up .56/.57 EGSR said filing is in the hands of the auditors just waiting for the OK to file.
EGSR Tele:405-879-1752
Patricia answered the phone,it ring for a bit before she answered.I didn't catch her last name.Hopefully it gets done to today.
The filing is with the auditors,EGSR just waiting for the OK to file,per Pat at EGSR
Have been loading the boat with DNDT for a good while here.
Globe's Expected Thirst for Oil
Keeps Price From Easing Back
By LEAH MCGRATH GOODMAN
DOW JONES NEWSWIRES
January 28, 2005
U.S. petroleum inventories have snapped back into normal range. Prospects appear to be dimming for an OPEC production cut. And the U.S. winter is nearing the end of a mild run.
That cocktail might be expected to push oil prices lower. But as global energy markets brace for another year of potentially blistering oil demand, crude futures show no sign of backing off this month's flirtations with $50 a barrel.
Yesterday, benchmark light, sweet crude futures for March settled at 48.84 a barrel, up six cents, on the New York Mercantile Exchange.
Industry veterans point out that while energy-market fundamentals are improving -- making a case for falling prices -- market participants will resist taking comfort until they see evidence of weaker oil demand.
"The fundamentals look better relative to history, but do they look better relative to current conditions?" asked Mary Novak, an economist for Global Insight Inc., a Lexington, Mass., economic consulting firm.
The Organization of Petroleum Exporting Countries, the Paris-based International Energy Agency and the U.S. Department of Energy's Energy Information Administration all have warned that the world's dependence on oil will increase again in 2005.
While the Organization of Petroleum Exporting Countries has said it will be able to pump enough oil to meet demand, some analysts have expressed doubt.
"Supply won't keep up with demand if we grow at even half the pace of last year," said DeCarlo Larry, head of energy futures in New York for Barclays Capital, investment arm of United Kingdom bank Barclays PLC.
The EIA estimated this month that growth in global oil demand for 2005 and 2006 will average about 2.1 million barrels a day each year, down from last year's 2.6 million barrels a day. Hardly a bold retreat. It also predicts that last year's biggest driver of oil-demand growth, China, is on track to post it highest number ever in the first quarter, at seven million barrels a day, up 200,000 barrels from the prior quarter.
Globe's Expected Thirst for Oil(I thirst for 10q)
Keeps Price From Easing Back
By LEAH MCGRATH GOODMAN
DOW JONES NEWSWIRES
January 28, 2005
U.S. petroleum inventories have snapped back into normal range. Prospects appear to be dimming for an OPEC production cut. And the U.S. winter is nearing the end of a mild run.
That cocktail might be expected to push oil prices lower. But as global energy markets brace for another year of potentially blistering oil demand, crude futures show no sign of backing off this month's flirtations with $50 a barrel.
Yesterday, benchmark light, sweet crude futures for March settled at 48.84 a barrel, up six cents, on the New York Mercantile Exchange.
Industry veterans point out that while energy-market fundamentals are improving -- making a case for falling prices -- market participants will resist taking comfort until they see evidence of weaker oil demand.
"The fundamentals look better relative to history, but do they look better relative to current conditions?" asked Mary Novak, an economist for Global Insight Inc., a Lexington, Mass., economic consulting firm.
The Organization of Petroleum Exporting Countries, the Paris-based International Energy Agency and the U.S. Department of Energy's Energy Information Administration all have warned that the world's dependence on oil will increase again in 2005.
While the Organization of Petroleum Exporting Countries has said it will be able to pump enough oil to meet demand, some analysts have expressed doubt.
"Supply won't keep up with demand if we grow at even half the pace of last year," said DeCarlo Larry, head of energy futures in New York for Barclays Capital, investment arm of United Kingdom bank Barclays PLC.
The EIA estimated this month that growth in global oil demand for 2005 and 2006 will average about 2.1 million barrels a day each year, down from last year's 2.6 million barrels a day. Hardly a bold retreat. It also predicts that last year's biggest driver of oil-demand growth, China, is on track to post it highest number ever in the first quarter, at seven million barrels a day, up 200,000 barrels from the prior quarter.
EGSRE nice bounce back,last .50
Just added some more EGSRE @.40
I'm sticking it out a little longer.I'm still above water here but not by much.We know there is Oil it's a matter if they can get their shit together.Good Luck all
EGSRE showed up on the threshold security list yesterday.
http://www.nasdaqtrader.com/aspx/regsho.aspx
EGSR e-mail:To all: We have been granted a filing extension to make some final 10Q adjustments to comply with the Sarbanes-Oxley rules. The auditors thought they would be finished last week but they now say the report should be finished this week. We will do everything we can to get this report filed as soon as possible.
EGSRE-Not selling here,still above my avg.cost of about .40 per share.I have an order in for 5k @.55 to buy.
Len, just an interesting article, that's all!
One out of 2,not to bad!Can't win in the NFL with a running back @ QB. Very Down year in the NFC otherwise No Vick in NFC championship! AFC winner by 9 or 10 points over eagles.imo
Playing Penny-Stock Roulette
Isaac Brekken for The New York Times
John L. Kingery, left, with Andrew Kaplan, chief financial officer of Audible Inc., at the Mirage in Las Vegas. They were celebrating with fellow risk takers who invested in the company when it was a penny stock.
By GARY RIVLIN
Published: January 23, 2005
Chart: Rising From the Ashes...or Still Smoldering
Isaac Brekken for The New York Times
Donald R. Katz, right, Audible's founder, and William T. Katz. The men, who are not related, held firm as the stock fell and rebounded.
as Vegas
HIS hair is white and stringy, his beard thick and snowy in the fashion of a hermit who decided long ago to park himself high atop a mountain. He's a touch shy, a self-deprecating man who describes himself as never before lucky in life.
John L. Kingery knows that he is not the sort you would expect to find here sipping a cocktail inside a high-roller suite at the Mirage. Nor were most of the 15 or so others who descended on the hotel this month to toast their collective wisdom - and the millions they had collectively made - in buying shares of Audible Inc., an Internet stock so beaten down that for a time it could be found only in the netherworld of penny-stock trading boards.
Their choice of place could not have been more apt. Mr. Kingery and his fellow travelers, who included a lieutenant colonel stationed inside the Pentagon, a semiretired 26-year-old and a part-time science fiction writer, had each placed wagers as large and as bold as most people who usually inhabit these suites.
The last few years have been a banner time for those inclined to play penny stocks, if only because there are so many of them. A record number of companies have been delisted since the market began its collapse in the spring of 2000, perhaps an outgrowth of the record number of companies that went public during the 1990's. The Nasdaq alone banished nearly 1,100 companies from 1999 to 2002, stamping them as damaged goods because they either failed to meet minimum financial standards or violated Securities and Exchange Commission policy - or both.
Like others who study penny stocks, James J. Angel, a professor of finance at the McDonough School of Business at Georgetown University, cast them as treacherous grounds, offering odds barely better than those of a roulette wheel. Yet, as the story of Audible and its faithful show, risky investing by amateurs does not seem to have perished along with the likes of Pets.com and other dot-com flameouts.
Penny stocks come in several forms. They include those, like Audible, that the Nasdaq tossed off its primary exchange when they fell short in a set of financial tests, though they could be traded on Nasdaq's bulletin board because they remained current in their S.E.C. filings. Then there are the ones kicked off the Nasdaq or the New York Stock Exchange whose filings are not current. Those are traded on the over-the-counter market known as the pink sheets.
"Basically 95 out of 100 of these companies end up dead," Professor Angel said. "If you look three years out, you'll see that very few of them rise like a phoenix from the ashes." That figure does not include those penny stocks that were never listed on one of the major exchanges, either because they couldn't make the cut or because they "didn't want to bow down to the authorities" at the S.E.C., Professor Angel said.
Audible, which lets people download audio books and other material via the Internet, had a typical rise and fall, then a not-so-typical rebound. The company, based in Wayne, N.J., is again trading on the Nasdaq. Its stock, which soared to $21 a share on its first day of trading in 1999 from an opening price of $15.25, hit a low of 15 cents in February 2003 - all before a reverse 3-for-1 stock split in June 2004.
But as the company approached a split-adjusted $10 a share late last year, a group of Audible investors decided that a celebration was in order, and they met at the Mirage. Previously, they had communicated exclusively through postings on an Internet site created by one of their own. (The stock now trades at $25.47, or a split-adjusted $8.49.)
PERHAPS the biggest surprise to be found inside that high-rollers suite wasn't that a penny stock had created a small cadre of big winners. Rather, it was the willingness of this group of true believers to behave so recklessly, despite all those billions lost by investors four years ago.
Consider Keith Chadwell, the director of data services at a company in Greenville, S.C.. He told his fellow investors that he believed so enthusiastically in Audible.com - he figures he has downloaded and listened to 350 books in the past five years - that he invested all of his savings in it, then set aside half of his take-home pay each week for a year to buy more.
Another Audible groupie, Peter Graetz, a computer consultant based in Düsseldorf, Germany, said he had liquidated all of his other stock holdings to buy more shares. "I was the crazy guy of the group," said Mr. Graetz, who had logged 33 hours on airplanes and in airports traveling here from Germany for the celebration. "I was 100 percent Audible."
Mr. Kingery might have been even rasher. He said he bought a large portion of his shares on margin - borrowed money.CONT.-
http://www.nytimes.com/2005/01/23/business/yourmoney/23penny.html
Playing Penny-Stock Roulette
Isaac Brekken for The New York Times
John L. Kingery, left, with Andrew Kaplan, chief financial officer of Audible Inc., at the Mirage in Las Vegas. They were celebrating with fellow risk takers who invested in the company when it was a penny stock.
By GARY RIVLIN
Published: January 23, 2005
Chart: Rising From the Ashes...or Still Smoldering
Isaac Brekken for The New York Times
Donald R. Katz, right, Audible's founder, and William T. Katz. The men, who are not related, held firm as the stock fell and rebounded.
as Vegas
HIS hair is white and stringy, his beard thick and snowy in the fashion of a hermit who decided long ago to park himself high atop a mountain. He's a touch shy, a self-deprecating man who describes himself as never before lucky in life.
John L. Kingery knows that he is not the sort you would expect to find here sipping a cocktail inside a high-roller suite at the Mirage. Nor were most of the 15 or so others who descended on the hotel this month to toast their collective wisdom - and the millions they had collectively made - in buying shares of Audible Inc., an Internet stock so beaten down that for a time it could be found only in the netherworld of penny-stock trading boards.
Their choice of place could not have been more apt. Mr. Kingery and his fellow travelers, who included a lieutenant colonel stationed inside the Pentagon, a semiretired 26-year-old and a part-time science fiction writer, had each placed wagers as large and as bold as most people who usually inhabit these suites.
The last few years have been a banner time for those inclined to play penny stocks, if only because there are so many of them. A record number of companies have been delisted since the market began its collapse in the spring of 2000, perhaps an outgrowth of the record number of companies that went public during the 1990's. The Nasdaq alone banished nearly 1,100 companies from 1999 to 2002, stamping them as damaged goods because they either failed to meet minimum financial standards or violated Securities and Exchange Commission policy - or both.
Like others who study penny stocks, James J. Angel, a professor of finance at the McDonough School of Business at Georgetown University, cast them as treacherous grounds, offering odds barely better than those of a roulette wheel. Yet, as the story of Audible and its faithful show, risky investing by amateurs does not seem to have perished along with the likes of Pets.com and other dot-com flameouts.
Penny stocks come in several forms. They include those, like Audible, that the Nasdaq tossed off its primary exchange when they fell short in a set of financial tests, though they could be traded on Nasdaq's bulletin board because they remained current in their S.E.C. filings. Then there are the ones kicked off the Nasdaq or the New York Stock Exchange whose filings are not current. Those are traded on the over-the-counter market known as the pink sheets.
"Basically 95 out of 100 of these companies end up dead," Professor Angel said. "If you look three years out, you'll see that very few of them rise like a phoenix from the ashes." That figure does not include those penny stocks that were never listed on one of the major exchanges, either because they couldn't make the cut or because they "didn't want to bow down to the authorities" at the S.E.C., Professor Angel said.
Audible, which lets people download audio books and other material via the Internet, had a typical rise and fall, then a not-so-typical rebound. The company, based in Wayne, N.J., is again trading on the Nasdaq. Its stock, which soared to $21 a share on its first day of trading in 1999 from an opening price of $15.25, hit a low of 15 cents in February 2003 - all before a reverse 3-for-1 stock split in June 2004.
But as the company approached a split-adjusted $10 a share late last year, a group of Audible investors decided that a celebration was in order, and they met at the Mirage. Previously, they had communicated exclusively through postings on an Internet site created by one of their own. (The stock now trades at $25.47, or a split-adjusted $8.49.)
PERHAPS the biggest surprise to be found inside that high-rollers suite wasn't that a penny stock had created a small cadre of big winners. Rather, it was the willingness of this group of true believers to behave so recklessly, despite all those billions lost by investors four years ago.
Consider Keith Chadwell, the director of data services at a company in Greenville, S.C.. He told his fellow investors that he believed so enthusiastically in Audible.com - he figures he has downloaded and listened to 350 books in the past five years - that he invested all of his savings in it, then set aside half of his take-home pay each week for a year to buy more.
Another Audible groupie, Peter Graetz, a computer consultant based in Düsseldorf, Germany, said he had liquidated all of his other stock holdings to buy more shares. "I was the crazy guy of the group," said Mr. Graetz, who had logged 33 hours on airplanes and in airports traveling here from Germany for the celebration. "I was 100 percent Audible."
Mr. Kingery might have been even rasher. He said he bought a large portion of his shares on margin - borrowed money.CONT.-
http://www.nytimes.com/2005/01/23/business/yourmoney/23penny.html
Just my quess after watching the lousy Jets give them the game!Pitt better play 100% better than last week. imho
Pitt., isn't going to happen!Bus or no Bus!
Lets go Atlanta Waiting to see Philie 0 for 4 in the big one!LOL
Bought some more CGCP today @.57 A bargain imo