3SOF

This was mentioned on G-TA today!  This is set to leave the station tomorrow!!

Potential high quality penny play for today

PKCY - GREAT, GREAT fundamental story will finally get volume from news today!  This news is a deal with Del Monte.. this is following a deal with Oracle.. and significant strengthening of the balance sheet. 

Michael brought this up a few days ago.. he loved it and as you guys know he is big-time fundamental guy but I was not sure about technicals..yet.. well technicals have developed and today should create a volume burst which should break the local high @ ~.08.. could be a gigantic move!!

We want you guys to know about this ahead of time  ;).. you are at ground level!

QuoteDel Monte Fresh Produce NA Signs Agreement with Park City Group to Enhance Its Customer Relationships
Thursday May 4, 7:00 am ET
Major Food Industry Supplier Establishes Relationship with Park City Group's Professional Services Division
http://biz.yahoo.com/bw/060504/20060504005134.html?.v=1

QuotePark City Group Substantially Strengthens Balance Sheet
Friday April 28, 7:00 am ET
Reduced Interest Expense to Have Dramatic Impact on Earnings
http://biz.yahoo.com/bw/060428/20060428005096.html?.v=1

QuoteOracle and Park City Group Sign Licensing Agreement
Thursday April 27, 7:01 am ET
Patent Licensing to Become Significant Revenue Source for Park City Group
http://biz.yahoo.com/bw/060425/20060425005158.html?.v=1

---------------------------
From Michael:

Hi G,

Yes I love Park City Group. It has all the ingredients for success.

The company is founded by Randall K. Fields, a very successful entrepreneur. He co-founded Mrs. Fields Cookies and grew the business from $200,000 to more than $100 million in revenues and grew its store base to over 650 stores.

He saw a huge opportunity for software systems to manage perishable food department operations. As all good entrepreneurs he pioneered the development of ActionManager software systems to provide innovative management solutions for Mrs. Fields Cookies.

This was the start of Park City Group. Toady the company has some of the largest retailers and consumer brands on their customer list:

• Home Depot
• Tesco
• Del Monte
• Dodge's Store

To mention a few.

The licensing of the intellectual property to Oracle does not only provide a potential very significant revenue stream for the company (remember the market cap is only around $20 million) but is also recognition from a major player of the uniqueness of PKCY solution. To quote Randall Fields:

QuoteWe believe that there is a very substantial opportunity for licensing parts of our intellectual property. When people think of license agreements, they normally think in terms of licensing software. While that certainly represents one source of revenue for us, what makes this agreement unique is that we have licensed the intellectual property itself. This represents a new and separate source of revenue for us. The licensing of a patent has much broader implications and as such the size of these agreements can be significant

The restructuring of the Balance sheet has reduced the interest cost very significantly and the company has already posted a profit. From the April 28 press release:

QuoteThe Company earned $1.8 million on $4.8 million of revenue in the first six months of this year and this reduction in debt will have a meaningful impact on net income going forward as well. We are a much stronger company as a result..

We will see when PKCY will be on fire but this is highly explosive material so watch out

update:
PKCY: Consulting Agreement w/Del Monte Fresh Produce
Thursday , May 04, 2006 07:52 ET

Park City Group, Inc. (PKCY) announced that it has established a relationship with Del Monte Fresh Produce (FDP) to provide tools and analytics in support of their branded fresh cut fruit program. Del Monte Fresh will utilize Park City Group's analytic tools and professional consulting services to enhance their already successful relationship with their retail customers. Park City Group's Professional Services Division will assist Del Monte Fresh in efforts to provide better quality and freshness for consumers, while delivering improved sales and higher profits for their retail customers.

ELite and Michael:

Just wanted to thankyou both for this little gem.  I did a nice day trade on it, just cuz I need that immediate gratification now and then ;) and wow did it make me some money.

Thinking about getting back in either end of the day or in the morn. The fundies just look so good on this one!!

GOOD WORK!  Since starting to hang around here back in January my portfolio is is up nearly 30% you are the best!

Rodri

PKCY is about to break out of its trinagle!  This can be a huge play.. Projected target could be .50.. I think we will see .20 easy tomorrow.  >:D

Here are updated charts:

i have a limit order in for  62000  at .09  and in 20 minutes only 5000 have filled  ???

changed the order to .093 and finally got 60000 at a average .0927

Couldnt stand it, got back in at .093  ::)

Another great pick from the 3SOF team.

I have 1 position from $0.074 and have a limit buy waiting for the break of next peak $0.105. If that gets taken out (volume backed of course). Then $0.20 comes right on the radar.

Great work Michael and Elite.

Quote from: AussieTrader on May 05, 2006, 02:38:33 AM
Another great pick from the 3SOF team.

I have 1 position from $0.074 and have a limit buy waiting for the break of next peak $0.105. If that gets taken out (volume backed of course). Then $0.20 comes right on the radar.

Great work Michael and Elite.

Hi Aussie,

Thanks for the kind words and good luck with your investment. I am also planning to add today. The take off yesterday caught me with surprise. I was skeptical when eliteG said that 0.8 was in play but with the break out yesterday under heavy volume I can easily see the momentum take the stock to 0.2.

Yesterday morning we had a stock with very strong fundamentals and a questionable chart. This morning we have a stock with very strong fundamentals and a very strong chart!

0.2 (and 0.5 for that matter) is certainly supported by the fundamentals of the business.

For those who are interested to know more about the business there are a very nice interview with Randy Fields here: http://ceocfointerviews.com/interviews/ParkCity.htm. It is from July last year but gives a really good view on the strong market fundamentals that are driving the business. I especially like this part:

QuoteOur customers are beginning to talk about us and we have two customers lined up to give presentations at two more tradeshows in the upcoming months. Here is another example, a year ago, when directors were surveyed this idea of addressing the fresh item management problem, it was not in the top twenty list of possible projects, but now it is number eighteen of possible projects that IT directors in the supermarket industry will do. We have gone from nowhere to number eighteen. If I were a betting person, I would bet that with the effort we have underway, next year it will be in the top ten and the following year it will be in the top five. What that means is the job of the market leader is to awaken the sleeping giant, let them know what the problem is and how the problem can be solved and what the economic benefits are.

And this:

QuoteLast year, perishables were 51% of the total sales of the supermarket industry. More than half of all of the business comes from the sale of perishables and there are no comprehensive perishable control systems available, that we are aware of, except ours. As a result, the more that value retailers become a threat, the more that supermarkets are looking to perishables as their future salvation, and that plays right into the need to control what they are doing, and by definition, that strengthens our hand."

51% of all sales of the supermarket industry literally runs up to 100 of billions of dollars and these guys have the only comprehensive software to manage that business  ::)

- and by the way I forgot to mention yesterday that Victoria's Secret is one of their clients as well. Now that is real perishable goods  :D

another chart view  ;) big breakout!

(http://www.magix-photos.com/cty_mediapool00/3C/78/C3/F0/7B/B7/11/DA/8B/8F/C2/93/55/D4/BC/45/oma/10/51F37540DC3811DAA051257F55D4A4F6.jpg)

you are amazing eliteG. any stop loss point?

You guys think Monday might be profit taking on it ??   ???

im in 127000 now. lets see this one go to .50 ;D ;D ;D

Another great pick by the Master himself! ;D  Is there a reason it isn't being added to the 3SOF portfolio?

Quote from: hermanpu on May 05, 2006, 09:53:02 AM
you are amazing eliteG. any stop loss point?

you must be willing to take pain on these pennies.. well PKCY isn't giving anyone pain  :o  its a huge breakout guys!  Thx herman  :)

Quote from: REALDEALS21 on May 05, 2006, 09:56:12 AM
You guys think Monday might be profit taking on it ?? ???

I think the exact opposite Reals  ;) over the weekend this baby gets discovered

Quote from: dennis67 on May 05, 2006, 10:01:46 AM
im in 127000 now. lets see this one go to .50 ;D ;D ;D

nice dennis!  Rock and roll  8)

Quote from: basonista on May 05, 2006, 10:04:53 AM
Another great pick by the Master himself! ;D Is there a reason it isn't being added to the 3SOF portfolio?

we consider having so many .ob picks too much risk for our portfolio.. we have some great ones there.. although we considered it for 3SOV and may still  ;)  thx bas  8)

I think the exact opposite Reals   over the weekend this baby gets discovered

i hope so ;D

Hi All,

What's happened with PKCY? Up to 21% and Down to 0% ???
Very strange IMHO, but I've added at 0.094.
Now I hold with an avrg 0.086.

Not worry it is a retest of the Breakout  ;D so when you want in go in at 8 cent! good chance!

Buying 50k shares @ $0.08

Are you guys in for long term and if so where do you think this stock will be in 3 months.  My crystal ball is broken!  Im in at .063 and I am not really wanting to take profits because I think the company is really trying to push up the price with the help of MarketWire and others

I keep getting sucked into these stocks.

Sold UNCN yesterday for a loss of 5%...of course UNCN is up 70% today.

Bought PKCY yesterday, down 7% today--looks to be heading much lower.  I wonder if the volume increase that started this rise was just from this message board?

It's all just gambling anyway I suppose.

I'm in the same boat as you, bought in the day after he recommended it at .093
I'm gonna put in a metal stop at .075 and hope for the best. gl guys.

im down about 2k on it , but with this kind of news dont you think we will keep getting more positive prs? im gonna hold for now.

Closing time.

Comm'n baby, hit me!

Pleeeease.

Guess I have to take PKCY on Monday.

Cheer up guys, this one's a winner.

Take a step back from the intraday swings and view this huge breakout shape up. This one is far from over.

I thought Yesterday we got the retest! Right ELITEG? I think this was at the 8,3 cent area

Quote from: waxweazle on May 06, 2006, 07:58:33 AM
I thought Yesterday we got the retest! Right ELITEG? I think this was at the 8,3 cent area

I think we are in on the initial spike up.. like the discovery spike so consolidation here is nice.. i would just like the volume to continue to come in.  I think PKCY still remains largely unknown and as the pr and news items come out we will see appreciation.. The technicals would still look allright if PKCY fell to .07 but of course we would like it to stay above .08.  It looks nice here in the pre with a .086 bid.

www.otcbbcoverage.com covert PKCY!

1. Profile

Park City Group, Inc (PTCY). develops and markets patented computer software that helps its retail customers to increase their sales while reducing their inventory and labor costs: the two largest, controllable expenses in the retail industry. The technology has its genesis in the operations of Mrs. Fields Cookies, co-founded by Randy Fields, CEO of Park City Group, Inc. Industry leading customers such as The Home Depot, Victoria\'s Secret, The Limited, Anheuser Busch Entertainment and Tesco Lotus benefit from our software. For more about Park City Group (OTCBBKCY) visit our website at www.parkcitygroup.com.

2. Technical Analysis

2.1. Long Term Chart



PCTY is trading around the same levels it was when it entered the public market in final 2002, which is a positive sign for a penny stock.

2.2. Medium Term Chart



The stock has been trading between a support level of $0.038 and a resistance level of around $0.105. It hit the resistance level today and as a consequent is falling back down. This may present an attractive buying opportunity, if the fundamentals are supportive.

2.3. Short Term Chart



Technically, an entry in the $0.075 - $0.080 range may be appropriate. Let\'s study a bit of the fundamentals.

3. Fundamental Analysis

3.1. Latest News

• Barrow Street Research Initiates Coverage of Park City Group

I\'ve read the text, it was instructive. The company expects fiscal 2006 (which is less than 2 months from over) to be a profitable year. Management has vast experience and prior success. The analyst that wrote the text received $5,000 from the company to do it.

• Oracle Corporation Signs Licensing Agreement with Park City Group

This business is obviously positive, but the press release shares no details. Management seems to pursuit an increase in shareholder value.

• Market Pulse Announces Corporate Profile on Park City Group, Inc.

Here the CEO says the following: «We have already booked more business in the first half of this fiscal year than we did in all of last fiscal year and we look forward to a strong second half of the fiscal year as well.\'\'»

• Park City Group Substantially Strengthens Balance Sheet

After this conversion the company will have 351 million shares outstanding, so the market cap is 351,000,000*$0.089 = $31.24 M. The press release also says this: «The Company earned $1.8 million on $4.8 million of revenue in the first six months of this year and this reduction in debt will have a meaningful impact on net income going forward as well. We are a much stronger company as a result.."» $1.8 M for the first 6 months may mean $3.6 M or more for the full fiscal 2006. This means the earnings multiple is 8.68.

3.2. Number of Shares Outstanding



There\'s some increase on the share count but for a good reason, to reduce interest expense.

3.3. Working Capital



PKCY certainly needed to strengthen its balance sheet. It still looks weak, with just $1.32 M in assets.

3.4. Revenues



The company had erratic revenue numbers in the past. Revenue growth isn\'t stable. But 2006 is shaping up to be the best year ever for the company. Will it continue from here? Well, the news and outlook is certainly positive.

3.5. Net Income



Perhaps assuming the second half of fiscal 2006 will be as profitable as the first half is a long shot, but the CEO himself says the second half has been «strong». If this estimate is true, PKCY would be currently trading at about 9 times earnings, and software companies trade at 35 times earnings on average.

4. General Overview

If estimates are right PKCY may be trading at a significant discount. But the company has been quite irregular and the balance sheet is still weak. I enjoy the company\'s products and it\'s client base. Also the recent agreement with Oracle is promising (but the company didn\'t disclose details on the deal).

I\'m not running to buy the stock just yet but I\'m interested. I\'ll keep it under close eye and I\'ll update this thread with new information.

5. Disclosure

www.otcbbcoverage.com is a new website that focus on covering OTCBB traded stocks. From now on this will be the PTCY\'s thread for serious investors that like to go deep into a company\'s fundamentals and technicals. You\'re invited to post questions or comments, which will be answered by our team of analysts and traders. Thank you

Just logged in.

Saw my GTC order filled.

I'm in $0.80.

GTLA

Well we might not be on fire yet but there certainly is some smoke  ;)

Quote from: nwindham on May 05, 2006, 03:23:06 PM
Are you guys in for long term and if so where do you think this stock will be in 3 months. My crystal ball is broken! Im in at .063 and I am not really wanting to take profits because I think the company is really trying to push up the price with the help of MarketWire and others

Well I for one am in for the long term. I actually didn't buy this stock because I thought it would explode to 0.2 (even though I wouldn't mind!). This is a very well managed company with a great product in a huge market with very little competition and they are profitable.

Looking at the chart it still seems bullish but when that is said I think there was a very good question raised here and that is 3SOF's effect on stocks like PKCY.

It obvious for me that we as an investing community have influenced the price of PKCY the last couple of days and this is something that we have to bear in mind when we select stocks like PKCY. Now I don't think this is a bad thing. 3SOF is part of the market and we have more than 6000 members that probably (read certainly) are better informed and better equipped than the average investor to make investments decisions.

I think we again and again have seen stocks that initially have been picked for 3SOF and afterwards have been picked up by the rest of the market. CHID, BRVO, SVA, GIGM, AOB etc. comes to mind (I am sure there are many others!).

We have also seen some of the stocks that 3SOF has picked that has failed miserable. Let me not mention names not because we are shy to admit our mistakes but because if you go back and look at those you would see that we in 9 out of 10 times have sold these shares with a very small loss.

Not because we are particularly smart but because we stick to our trading plan.

Coming back to PKCY. This is not a 3SOF pick (yet) but my personal trading plan for this stock is to let it run except if it touch my stop which is at 0.065.

I'm in too... I manage to catch some PKCY at 0.075

EMA9 is 0.072...i hope it bounces from there  :o

OK, here's what I see in PKCY chart:
Today it formed a hammer and hopefully put a bottom in. I see a channel on PKCY chart and today's low was exactly the lower end of the channel. Nothing goes up forever and this stock had to pull back. Wish I waitied but I got in at .094 so I'm down right away (sucks).

I believe that technically this stock will go up and down but if nothing drastically changes in the business model it will be rewarded. The fundamentals are really good but we still talk about OTC, not AMEX or NASDAQ stock.. Well, if you want big gains you have to be ready to be down as well.
Anyway, here's the chart and good luck to all of us that hold. Hope we'll make a pile of money on it :)

Thanks for the chart Onestockmind
8)

my worst trade since march ....-16%...i hope this bounces soon...or i am out.....we need some buyers at 0.070

what a nightmare. Am i wrong or has the volume gone from 4 million to 4k in just 4 days?

Yes the volume is really bad right now, forgot to do my own DD. Too lazy, just following the trend like a duck :(
oh well, hoping for some news or I'll just wait it out, stop loss at 67

im down 25% on this one     im gonna hold it  if we can beleve the recent news then i think we will be ok  there will be more good news.   im not happy because  i turned a profit in to a loss on this. i chased it the second day :(

I going to hold it as well. not much choice anyway.  Pretty annoying though. I do wonder if the jump was the 3sof effect.  I have been losing quite often when following recs from here, or at least not making as much as I am used to. I think it is that following mentality which has made me lazy.  I am going to go back to using the board as a backup reference for my own picks after this one. I know it wasn't an 'official' pick, but still...

anybody else been to there website?  pretty interesting

www.parkcitygroup.com.

I am down alot also... going to try to hold longer..

This company definitely has a great story and looking at their website it makes me feel I'm not holding a looser.
However, companies like this one need to be discovered and get a momentum in order to move up big. Also, small OTC companies run on news and until the next PR I don't think there will be any big movements. I think this is a hold for a big gain type of a company and I'll wait out.
Not easy to see losing money like this but I hope for green days and the chart says big volume on  green days.

Quote from: OneStockMind on May 10, 2006, 03:26:50 PM
This company definitely has a great story and looking at their website it makes me feel I'm not holding a looser.

Well said and the story is getting better for every day!

Park City launched their new software suite, Supply Chain Profit Link ("SCPL") as the next generation in its suite of perishable inventory management solutions at the Food Marketing Institute trade show in Chicago, Illinois and I think the headline says it all: Overwhelming Response From Major Food Companies at 2006 Food Marketing Institute Trade Show  (http://biz.yahoo.com/bw/060511/20060511005138.html?.v=1)

Quote"Our reception from tier-one U.S. and global brands was beyond our highest expectations," said Randall K. Fields, Park City Group's Chairman and CEO. "During the show, we had opportunities to meet with several major brands and retailers and were overwhelmed with their response and immediate interest in the program. As a result, our expectations for the next 12 months and beyond have been raised for the product and we anticipate that Supply Chain Profit Link will be a significant revenue opportunity for Park City Group and our shareholders."

It seems like Park City is finally getting the attention from the retail industry it deserves.

Yesterday was a slow day for Park City and I am aware that many members are sitting on a loss here. Give it time this company is getting more and more attention both from customers and investors! As OneStock said they have a great story to tell and people are starting to listen.....

well that  makes me happy. I was bricking it yesterday when the volume disappeared :-[. I know the company looks great, but the volume drop was so extreme. I have never been caught like that before. It looked like no way out, but now a turnaround appears so fast!  All I can say is phew :o. I hope it holds up. I averaged down a bit as well so hopefully this is going to turn out okay in the end. nothing like a little adrenalin to get you sharp! I think you they need to add a sweating smiley icon LOL!

Apparently they're also savvy enough not to waste their positive PR by publishing it on an FOMC meeting day! I was hoping that was the case. 

nice updated FAQ:
http://www.parkcitygroup.com/faq.htm#top
&
additional information:

Future Outlook

Park City Group recently announced its fiscal 2006 second quarter results. The company reported revenues for the quarter of $1,113,656, an 18% increase compared to $941,062 in the second quarter of the 2005 fiscal year, and a net income loss for the three month period of $354,763 compared to a loss of $1,000,602 in last year's same period.

- Software license revenues were $230,574 for the second quarter, a 63% increase from the
$141,692 for the prior year period.
    * ASP revenues increased 145% to $50,250 in the second quarter from $20,550 in the prior year period.
    * Consulting and other revenue was $226,521 and $120,231 for the quarters ended December 31, 2005 and 2004, respectively.

Chairman and CEO, Randy Fields commented, "We are extremely pleased with our second quarter results. This performance reflects the continued execution of our strategy to increase revenues on an annual basis while keeping a tight rein on our expenses." Fields added, "We continue to gain traction in all our target areas. Software license revenue continues to grow as existing customers add to their usage. These additional sales also translate into increasing consulting revenues as customers partner with us to leverage our extensive industry experience. Additionally, we are seeing strong interest for ASP services, which contribute to our own efforts to create a more normalized and predictable revenue stream. We still have much to do in that aspect, but with a 145% increase in ASP revenues, we are encouraged."

This is an exciting time for our company," Fields continued. "The market place is looking for solutions to the demand for fresh food while maximizing operational efficiencies. Hardly a week passes without a significant story in the financial press that focuses on the growing importance of fresh food, produce and perishables to the grocery business, and Park City Group is uniquely situated to meet this demand. We have already booked more business in the first half of this fiscal year than we did in all of last fiscal year and we look forward to a strong second half of the fiscal year as well."

please check the link carefully:
http://www.market-pulse.com/pkcyprofile2.htm

Park City Group Posts 2006 Third Quarter Results; Positive Momentum with Operations and Customer Agreements
Monday , May 15, 2006 07:00 ET

PARK CITY, Utah, May 15, 2006 (BUSINESS WIRE) -- Park City Group, Inc. (OTCBB:PKCY):

-- Year-over-Year Revenues Increase 70%

-- Nine-Month Revenues Increase 126%

-- 9 Month Profit $1.4 Million Vs. $2.2 Million Loss

Park City Group, Inc. (OTCBB:PKCY), a leading provider of software and consulting services for the retail industry, today announced financial results for its 2006 fiscal year third quarter ending March 31, 2006. The company reported revenues for the quarter of $1,369,688, a 70% increase compared to $805,865 in the third quarter of the 2005 fiscal year. The net loss for the period narrowed sharply to $385,791 compared to a loss of $832,982 in last year's same period. The company also had a one time charge to earnings from their refinancing activity of about $103,000.

Chairman and CEO, Randy Fields commented, "We continued to make strong progress in all relevant categories during the quarter. Our results exceeded our own expectations for the quarter as we experienced improvement in software license revenues, maintenance revenues, ASP and consulting revenues during the quarter. Significantly, our gross margin for the quarter was 71% versus 51% for last year's third quarter, which is a testament to our focus on controlling costs and highlights the leverage that is inherent in our business.

Highlights of the Third Quarter include:

-- Software license revenues increased 283%

-- 9 month software license revenues increase 657%

-- ASP revenues increased 68%

-- Consulting revenues increased 122%

-- Total liabilities have been reduced by $4.9 million or 56% since June 30 2005.

-- 9 months profit of $1.4 million vs. a loss of $2.3 million.

For the nine month period ending March 31, 2006, total revenues increased 126% to $6,182,209 from the $2,736,604 for the same period of 2005. Software license revenues increased to $3,434,927 from the $453,615 reported in the prior year. Net income for the nine-month period totaled $1,424,261 compared to a loss of $2,278,203 for the prior year period.

Mr. Fields added, "We continue to put in place the foundation we need to support our growth expectations. As previously reported, a restructuring of our balance sheet during the quarter has dramatically reduced the size of our outstanding debt and the reduced annual interest expense will add significantly to net income. Although we reported a small net loss for the quarter of $385,791, it should be noted that a significant portion of that loss was attributable to one time expenses related to the restructuring of the balance sheet. Looking beyond these one time expenses, we have announced several agreements and licensing deals with major customers. Our recent presentation at the 2006 Food Marketing Institute Trade Show was a great success and we expect to see some customer agreements arise out of that event. We are on track to have a great year and our market momentum should carry us into an excellent FY 07 as well."

looks great Oliver  ;).. the key for PKCY today is just to finish up.. traders/investors will read that report tonight and see they have a penny that is about to run away.. and then we will see the volume  >:D

insider is buying (CEO):
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=4171323
;)

update:
Park City Group Signs Agreement with Circle K; Second Largest C-Store Operator in North America to Use Park City Group's ActionManager(TM) Toolset
Wednesday, May 17, 2006 07:00 ET

PARK CITY, Utah, May 17, 2006 (BUSINESS WIRE) -- Park City Group, Inc. (OTCBB: PKCY) today announced that it has signed an agreement with Circle K Midwest for the company's ActionManager(TM) solution for its over 530 locations.

For more than 50 years, Circle K, a wholly owned subsidiary of Couche-Tard, Inc., has been one of North America's most popular and successful operators of convenience stores. Today, there are more than 2,100 Circle K stores across the USA and over 4,000 international locations. Couche-Tard is the second largest independent convenience store operator in North America, and the industry leader in Canada. Couche-Tard stores are located in three geographic markets in Canada (East, Centre and West), and in five major markets covering 23 American states (Midwest, Southeast, Florida and Gulf Region, Arizona Region and West Coast) in the United States. In addition, a network of more than 4,000 licensees extends into seven other regions worldwide (Japan, Taiwan, Hong Kong, Indonesia, Mexico, China (PRC), Guam).

"Circle K has led the way for the convenience store industry for many years. Their dedication to the highest levels of customer service is well known in every market they serve. Naturally, we are very pleased to be working with this highly successful industry leader," commented Randall K. Fields, Park City Group's Chairman and Chief Executive. Fields continued, "Our rapid expansion with top-tier convenience store retailers like Circle K further validates our service and technology offerings. We anticipate adding additional customers from this sector in the coming months."

Quote from: la-onda on May 16, 2006, 02:12:11 PM
insider is buying (CEO):
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=4171323
;)

We should clarify that filing Oliver, the smaller transactions (both for 34,722) are part of the CEO's compensation package and the larger transaction ( 66,234,658) was the debt conversion deal. announced end of April. That deal is good for PKCY, but it does increase the shares outstanding from 285M to 351M.

Reminder of that release is here http://www.tmcnet.com/usubmit/-park-city-group-substantially-strengthens-balance-sheet-reduced-/2006/04/28/1620684.htm

Disappointing that Park City couldn't rally after they closed the deal with Circle K. This is a substantial order and should guarantee that this quarter will be profitable.

As the company has said several times the result of the company will fluctuate from quarter to quarter depending on the SW sales in each quarters. PKCY has however altered their business model so more and more revenue is recurring so this order should have significant bottom line effect.

Based on the reception of Supply Chain Profit Link we will hopefully continue to see new orders being signed.

I still feel good about the chart and even better about the fundamentals so I will continue to hold this great company.

I still feel good about the chart and even better about the fundamentals so I will continue to hold this great company.

Thanks Michael  im still holding 140000 i also thought it would really take off on the news, maybe we get a delayed reacton.

Thanks for the update Michael.  Looks like people are figuring it out a little bit today. I like the way this one looks.

Farewell.

Decided to stay in the sidelines.

Sold $0.084.

Good luck to the rest of you.

fyi:
PKCY: Kwik Trip Adds ActionManager(TM) Forecaster Solution
Wednesday, May 24, 2006 07:51 ET

Park City Group, Inc. (PKCY) announced that Kwik Trip stores have made an additional purchase from the Company for its ActionManager(TM) Forecaster application. Kwik Trip added Forecaster to its previously purchased ActionManager Labor Scheduler.

&

bellwetherreport.com: The Bellwether Report updates investors on Park City Group, Inc
Thursday , May 25, 2006 03:58 ET

May 25, 2006 (M2 PRESSWIRE via COMTEX) -- Park City Group, Inc. (OTCBB:PKCY), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscribers cutting edge research tools, and second to none customer service.

Park City Group, Inc. develops and markets patented computer software that helps its retail customers to increase their sales while reducing their inventory and labor costs: the two largest, controllable expenses in the retail industry, recently announced that it signed an agreement with Circle K Midwest for the company's ActionManager(TM) solution for its over 530 locations.

For more than 50 years, Circle K, a wholly owned subsidiary of Couche-Tard, Inc., has been one of North America's most popular and successful operators of convenience stores. Today, there are more than 2,100 Circle K stores across the USA and over 4,000 international locations. Couche-Tard is the second largest independent convenience store operator in North America, and the industry leader in Canada. Couche-Tard stores are located in three geographic markets in Canada (East, Centre and West), and in five major markets covering 23 American states (Midwest, Southeast, Florida and Gulf Region, Arizona Region and West Coast) in the United States. In addition, a network of more than 4,000 licensees extends into seven other regions worldwide (Japan, Taiwan, Hong Kong, Indonesia, Mexico, China (PRC), Guam).

"Circle K has led the way for the convenience store industry for many years. Their dedication to the highest levels of customer service is well known in every market they serve. Naturally, we are very pleased to be working with this highly successful industry leader," commented Randall K. Fields, Park City Group's Chairman and Chief Executive. Fields continued, "Our rapid expansion with top-tier convenience store retailers like Circle K further validates our service and technology offerings. We anticipate adding additional customers from this sector in the coming months."

Park City Group, Inc. down just over 7% as investors dove into this company as this company's volume is already above the daily average. At $0.072, this company is still very cheap as we are near the company's 52-week high of $0.11. The BWR Research Team will continue to track the developments surrounding Park City Group, Inc. and many other exciting companies.

I would appreciate some feedback regarding the TA  :)

thanks in advance
Oliver

Quote from: Michael on May 18, 2006, 07:42:44 AM

I still feel good about the chart and even better about the fundamentals so I will continue to hold this great company.

you are still holding Mike ?

cheers from Stockholm
Oliver

VP Marketing and VP Development have bought some shares:

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=4199662
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=4199664

Quote from: la-onda on May 31, 2006, 12:30:10 PM
VP Marketing and VP Development has bought some shares:

Hi Oliver,

Smart move from the insiders! After all they already have a good feeling of the result of this quarter so they have a bit of an advantage  ::)

My feeling after the recent orders is that we will have a profitable quarter so I am buying at this level. We are suffering from a lack of interest and this is a good time to pick up shares. You need a little patience to get your order filled though.

I am confident that the stock will run when they release Q2 and maybe earlier if they announce any further deals.

yes...chart is ready for news... ;D maybe tomorrow

Where is the resistance or the bottom of this hot stock??

Park City Group Completes $4.8 Million Private Placement; Company Enhances Working Capital as CEO Sees Rapid Industry Growth
Thursday , June 15, 2006 16:15 ET

PARK CITY, Utah, Jun 15, 2006 (BUSINESS WIRE) -- Park City Group, Inc. (OTCBB: PKCY) today announced it raised $4.3 million through the private placement of common stock with accredited investors. The first release of $1.425 million occurred on June 3, 2006. On June 14, 2006, the company received the balance of $2.938 million. The Company issued 87,272,742 common shares at $.055 per share raising approximately $4.8 million before deducting commissions and other expenses. The net proceeds from the private placement will be used for working capital and general corporate purposes. Taglich Brothers acted as the Company's placement agent.

Randall Fields, Park City Group chairman and chief executive officer, said, "This financing provides us with a significantly stronger balance sheet that will assist us in the continued execution of our business plan. We are very pleased that Taglich Brothers introduced our company to the high quality, long-term investors who participated in this deal, and we look forward to our association with their fine organization."

Fields continued, "Our markets are projected to grow substantially in the coming years as supermarkets, grocers, convenience stores and other retail customers grapple with the imperative to more profitably manage perishables and labor costs. As retailers recognize the solutions Park City Group offers, it is critical that we have the working capital strength necessary to grow with our client's demands for service. The added funds will help us greatly expand our development activities, our marketing and our services activities and the action represents a strong step towards what we ultimately hope to be a listing on a national stock exchange."

 Park City Group Completes $4.8 Million Private Placement; Company Enhances Working Capital as CEO Sees Rapid Industry Growth
Park City Group, Inc. (OTCBB: PKCY) today announced it raised $4.3 million through the private placement of common stock with accredited investors. The first release of $1.425 million occurred on June 3, 2006. On June 14, 2006, the company received the balance of $2.938 million. The Company issued 87,272,742 common shares at $.055 per share raising approximately $4.8 million before deducting commissions and other expenses. The net proceeds from the private placement will be used for working capital and general corporate purposes. Taglich Brothers acted as the Company\'s placement agent.

Randall Fields, Park City Group chairman and chief executive officer, said, "This financing provides us with a significantly stronger balance sheet that will assist us in the continued execution of our business plan. We are very pleased that Taglich Brothers introduced our company to the high quality, long-term investors who participated in this deal, and we look forward to our association with their fine organization."

Fields continued, "Our markets are projected to grow substantially in the coming years as supermarkets, grocers, convenience stores and other retail customers grapple with the imperative to more profitably manage perishables and labor costs. As retailers recognize the solutions Park City Group offers, it is critical that we have the working capital strength necessary to grow with our client\'s demands for service. The added funds will help us greatly expand our development activities, our marketing and our services activities and the action represents a strong step towards what we ultimately hope to be a listing on a national stock exchange."

The shares of common stock have not been registered under the Securities Act of 1933 and may not be subsequently offered or sold by the investors in the United States absent registration or an applicable exemption from the registration requirements. Park City Group has agreed to file a registration statement covering resale of the common stock by investors. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Market Pulse.
Friday , June 16, 2006 13:17 ET

ATLANTA, GA, Jun 16, 2006 (AP Worldstream via COMTEX) -- (Market Wire) _ Market Pulse is pleased to introduce our featured stock, Park City Group, Inc. (OTCBB: PKCY), to the investment community! Park City Group is new to Market Pulse and is poised to become a significant player in the computer software industry! PKCY has had several excellent news announcements out lately and one again after yesterday's bell announcing the completion of a $4.8 million private placement! Park City also announced that their CEO Randy Fields sees rapid industry growth! This could be great news for investors!

http://www.knobias.com/individual/public/news.htm?eid=3.1.305dc2b0fa05acc0e562ae70a2a07be11257dae4a8bf984c6e5542d51d03b4c1

Hi, I Will probably be ignored as usual because Iam not rated . But I have come to this site for over one year and I usually just watch the results of the picks. Iam 25 and I have followed the market all thru college and highschool. Ive done my intership at IBM, and now I work for the Best beer Company in the whole world. Anyways, PKCY is def a gold mine. Finding a penny that has a balance sheet like nmkt and park city is hard. I have learned one thing from just observing these boards over the last year, not to count out world events. One thing i liked is that when the market buckled pkcy barely felt it, I have been buying as much as I can from 7.0 on down. Look at the charts. It established footing at 6.0 now 7.0 is it. This company had major contracts which should of moved it back to atleast 12.0 which it already showed us it could hit, but then the entire market took a hit.  Iam new to the market thats why I didnt invest for the last year until now, I did alot of moch investments with some of the picks here to get a feel for it. Finding a penny with these financials is hard. I hope iam not blasted too much cuz Iam a noob. But ya I definitely like pkcy , its not in debt up to its eyes, and it is making solid moves. One thing I noticed from observing alot of picks from just the charts in the last 24 months, the charts tend to be off when the companies are in debt up to there eyes. Anyways, I think we will be okay. I wish us all luck. since nmkt and pkcy are the first stocks i ever bought, and i have almost reached my 25k target in pkcy under 7.0. Now iam pumping my income into nmkt while it lingers in the low 30s. Hoping for a double or trip this year, and since its an election year maybe we will all get lucky. Definite thanks to the 3 stocks team, this is a great site.

Why would people ignore you? Everyone is a newbie at some point in time, anyway that doesn't matter if you have something interesting to contribute then people will read.

I second Aussi
David thanks for your time to post... would like to hear more of your thoughts on NMKT over on that thread... it is one of my larger positions, averaged in at .49 and plan on holding at least until we break .60 again and am hoping for .80-1.00 or more,  seems like it compares favorably with IIP which i was a bagholder of for 6 months or more last year at .55 and look at it this year  ;D  thoughts there?

NMKT seems to have all the fundis of a "solid company" just chose to issue many shares so they are a "penny stock"  Now you have me looking at PKCY and i like what i am seeing,  will be watching this one, perhaps a small position on Monday, but in this market it seem like it may test .055 again (or less, i notice that when a private placement of new shares is made the equity often retracts to that price and lower for some time, but in the long run it should be good for the PPS since those investors are usually BIG money and that Is what we want to follow... correct??)

Keep up the research and i hope that you find time to share it with us!  Cheers Joe

PS for store cookies he did OK with that business!!  MR/MRS fields  ;)

Park City Group Board of Directors Approve 1:50 Reverse Stock Split
Monday July 10, 9:54 am ET

PARK CITY, Utah--(BUSINESS WIRE)--July 10, 2006--Park City Group, Inc. (OTCBB: PKCY - News) today announced that on July 7, 2006, its Board of Directors approved and authorized a 1-for-50 reverse split of its outstanding common stock subject to shareholder approval.

Park City Group's officers and directors hold approximately 50.8% of the votes available to vote with respect to the reverse split; therefore the Company has obtained a written consent of stockholders to approve these actions in lieu of a meeting of stockholders. Accordingly, Park City Group has prepared and filed a preliminary information statement on Form 14 (c) with the Securities Exchange Commission on July 7, 2006. Park City Group will file the Definitive Information Statement on Form 14(c) on or after July 7, 2006, and upon filing will be mailed to Park City Group stockholders. This Definitive Information Statement will be deemed ratified and effective 20 days after it has been furnished to Park City Group stockholders.

As a result of the reverse stock split, the number of shares of the Company's current outstanding common stock will be reduced from 446.5 million shares to approximately 9 million shares of outstanding common stock.

Speaking about today's announcement Randall C. Fields, CEO of Park City Group said, "It has always been our intention to provide the sort of capital structure that will best help us deliver shareholder value. The actions we have recently taken; a restructuring of the company's debt; a $5 million capital raise and today's announcement, indicate our continued efforts to put in place the foundation from which we hope to that value to our stockholders. We believe the reverse split will help make our shares more appealing to institutional investors and represents an important step toward a key goal of Park City Group, namely, the listing of our shares on one of the major stock exchanges."

(http://www.magix-photos.com/cty_mediapool00/3C/78/C3/F0/7B/B7/11/DA/8B/8F/C2/93/55/D4/BC/45/oma/10/B68D05401FF711DB99360AE455D4A378.jpg)


Earnigns coming in august this will fly

Quote from: waxweazle on July 31, 2006, 11:56:24 AM

Earnigns coming in august this will fly

Hi Weazle,

It is a long time since we last talked about Parkcity and a lot has happen since.

Most notably the company has done a 1:50 reverse split and changed ticker to PCYG.OB. The management seems to dress the company up for a listing on a major exchange:

QuoteWe believe the reverse split will help make our shares more appealing to institutional investors and represents an important step toward a key goal of Park City Group, namely, the listing of our shares on one of the major stock exchanges."

But more importantly the management has reviewed the result for fiscal year 2007: http://www.parkcitygroup.com/PR/2006/0728_2006_pr.htm

PARK CITY, UTAH – July 28, 2006 – Park City Group, Inc. (OTCBB: PCYG) today offered guidance on its fiscal year 2006 which ended June 30, 2006, as well as a brief update on a number of Company initiatives. The Company expects to report strong growth in both revenue and net income, and significant improvement over fiscal year 2005 results.

QuoteRandall Fields, chairman and chief executive said, "We finished the year very profitably and continue to gain traction in all our key markets. We signed several agreements with existing customers for additional services and licensing contracts, and we expect to see much of the revenue contribution from these contracts over the course of fiscal year 2007. These additional agreements from existing customers are a strong validation of our technology and services, and we continue to aggressively target and market our solutions to top-tier names among convenience stores, suppliers, and supermarkets. We expect to introduce a number of new products over the next year as well, and we hope to see revenue contribution from these new products in fiscal 2008."

I tried to add to my position yesterday but I have to say that the volume and spread makes it almost impossible to buy the stock (and might also make it difficult to get out again  ::)). You really have to be patient and ready to hold the stock for a long term.

Park City is probably not a stock for the majority of 3SOF members but I feel very good about the stock. We will have volume again so it might be worth for the momentum traders to keep it on the watch list.

Howdie all
Michael can you change the header for this to PCYG

Do you still like it...  Over the past week it fell and filled the gap at 2.50 formed back on april 26 of this year...  that 2.50 appears to be strong support would you agree? (even on a 2 year chart)
Volume has been creeping up this week still nothing to interest short term traders but i am thinking about adding to my position at these prices.  Seems like it has strong fundementals, MACD and RSI are starting to turn up  (macd d not yet on the weekly chart)

ILL BE WATCHING,  curious if you are in it yet?
cheers Joe

It definately looks like one to put on the radar...applaud for the heads up.

Quote from: joet on September 04, 2006, 03:03:54 AM
Howdie all
Michael can you change the header for this to PCYG

Do you still like it... Over the past week it fell and filled the gap at 2.50 formed back on april 26 of this year... that 2.50 appears to be strong support would you agree? (even on a 2 year chart)
Volume has been creeping up this week still nothing to interest short term traders but i am thinking about adding to my position at these prices. Seems like it has strong fundementals, MACD and RSI are starting to turn up (macd d not yet on the weekly chart)

ILL BE WATCHING, curious if you are in it yet?
cheers Joe

Hi Joe,

Welcome to the new PCYG thread (AKA PKCY thread  ;))

Yes I still like Parkcity and yes I am the proud owner of shares in the company  ;D

I guess we are all waiting for the full year result for 2006 to be released and even though the preannouncement was encouraging we need to see some actual figures for the stock to take off.

I am quite bullish on the full year result. The change of the business model from once off sales to recurring revenue is a great shift long term. Unfortunately it makes it difficult to forecasts the full year result. The steady flow of new contracts should however make the company profitable in the last quarter and as the company had a 1.1 million loss in fiscal q4 last year it is going to make a major difference in the EPS and PE for this year.

The full year should be released soon and I am quite happy to hold over earnings.

I am not sure how strong the support at 2.5 is. At this point this is more a fundamental pick than a technical even though the chart looks good here.

Park City reported earnings yesterday and they were to say it bluntly disappointing and certainly didn't live up to my expectations:

http://biz.yahoo.com/bw/061115/20061115005243.html?.v=1

I probably don't have to point out the weaknesses in the report as they are all over the place. I am however very concerned to see that ASP and maintenance revenue were down having in mind the changes they have introduced in their business model.

Based on Mr. Randall's comments there might still be some hope for next quarter. It seems like they are working on a number of new deals but they need to show us some results fast or the stock might go much lower.

I have a stop at the support at 2.25 and if this is broken I am going to sell my shares. I also have to admit that I might sell into strength if they announce new deals.

I still believe the company has a very good chance to make it long term but after holding the stock since May my patience is running out  :-\

Any clue what happened today?  :o

(http://img252.imageshack.us/img252/5792/sckt5.png)

Exploding again today.

PCYG today is just breaking out!

This is  a two years old flag formation breaking-out just at this moment!

Good luck to all!