Good morning :)
Today I'll try youtube.com to publish 3 minute video analysis, but Ramsburg told me it takes about an hour to get the "embed on your website" code, so please be patient.
I welcome your requests for analysis.
Thank you for your participation :)
NTTL.....40m shares 1/2 in float. A market cap of 11.5m
"Avop" is recieving tons of revs and more to come with a deal possibly coming for mulitple carrier online minutes through one single agreement in the next 4 weeks.
Their "entec" software developed in Vietnam at a 10th of cost state side and it is very successful .... NTTL holdings has a presence in China through their "tougi" division and are expanding into other countries. Additionally they are outsourceing entec.
A link to all the podcasts available for NTTLS.... Even better: an indepth study/recommendation by Wasserman Morris & Co. http://207.173.206.126:8080/NettelHoldings2/# ( the first, righthand column on their home page)
http://podcast.streetiq.com/streetiq?GUID=1107590&Page=MediaViewer&Ticker=NTTL
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_N/threadview?m=tm&bn=36020&tid=204&mid=204&tof=10&frt=2
ANAD high volume up over 2%.
Thanks for the suggestion anvilring, but I already covered NTTL.OB yesterday, please check our Stocks Covered List (http://www.3stocksonfire.org/trading/index.php?topic=8875.msg87075#msg87075) under "N".
hi david,
what about CKSW?
quarterly results are improving, TA also nice...
tia
O.
Quote from: nullzero on February 13, 2007, 09:36:51 AM
ANAD high volume up over 2%.
fyi:
Anadigics "buy," target price raised
Tuesday, February 13, 2007 4:38:56 AM ET
Montgomery & Co
NEW YORK, February 13 (newratings.com) - Analysts at Montgomery & Co reiterate their "buy" rating on Anadigics Inc (ANAD.NAS), while raising their estimates for the company. The target price has been raised from $10 to $15.
In a research note published this morning, the analysts mention that the company has reported robust 4Q results due to the impressive performance of its wireless and broadband businesses. The upward revision in the target price reflects the potential for Anadigics' robust earnings growth and continued growth in the company's customer base and end markets, the analysts add. The EPS estimate for 2007 has been raised from $0.30 to $0.41.
What about ABT.TO
ABSOLUTE SOFTWARE CORP
Market: Toronto
I get so lost on this site :-[ ! I tried to see if this was covered before I posted by using the search feature and came up with nothing... Can someone please post me a link to where NTTL is covered so I know where to look?? ???
regards, mitch
Quote from: nullzero on February 13, 2007, 09:36:51 AM
ANAD high volume up over 2%.
Hi nullzero, how are you? Always a pleasure :)
You know ANAD is over $500 M in market cap, you little devil >:D (the maximum allowed is $500 M as one can read on the 3 SOF Portfolio FAQ (http://www.3stocksonfire.org/trading/index.php?topic=8739.0))
Damn, I'm having a problem with Reuters Data Link and it's not updating my Metastock database ... I already covered ANAD, as one can see on letter "A" of the Stocks Covered List (http://www.3stocksonfire.org/trading/index.php?topic=8875.0).
Let me update this chart by hand ... done, nice chart, definitely bullish, good luck :)
Hi David. What about OSTE. Maybe is time for a pullback, but the chart looks very bullish.
Quote from: anvilring on February 13, 2007, 09:43:53 AM
I get so lost on this site :-[ ! I tried to see if this was covered before I posted by using the search feature and came up with nothing... Can someone please post me a link to where NTTL is covered so I know where to look?? ???
regards, mitch
Go to "premium service", first click on "message board", then "stocks on fire portfolio", then "covered stocks list"
Quote from: David Randolph on February 13, 2007, 09:47:47 AM
Quote from: nullzero on February 13, 2007, 09:36:51 AM
ANAD high volume up over 2%.
Hi nullzero, how are you? Always a pleasure :)
You know ANAD is over $500 M in market cap, you little devil >:D (the maximum allowed is $500 M as one can read on the 3 SOF Portfolio FAQ (http://www.3stocksonfire.org/trading/index.php?topic=8739.0))
Damn, I'm having a problem with Reuters Data Link and it's not updating my Metastock database ... I already covered ANAD, as one can see on letter "A" of the Stocks Covered List (http://www.3stocksonfire.org/trading/index.php?topic=8875.0).
Let me update this chart by hand ... done, nice chart, definitely bullish, good luck :)
Rounded down to 500mill :P, doing good btw. I couldnt help it, was moving with high volume had to put out the name.
Quote from: anvilring on February 13, 2007, 09:43:53 AM
I get so lost on this site :-[ ! I tried to see if this was covered before I posted by using the search feature and came up with nothing... Can someone please post me a link to where NTTL is covered so I know where to look?? ???
regards, mitch
On this message board, which is the 3 Stocks on Fire Portfolio Message Board (http://www.3stocksonfire.org/trading/index.php?board=38.0) (there's a link here, put your mouse over) you have a sticky post which is the "Stocks Covered List (http://www.3stocksonfire.org/trading/index.php?topic=8875.0)". On that post, under letter "N", you find the link to NTTL.OB analysis made yesterday.
If you have any further navigation doubt, please don't hesitate to ask. I agree with you, not easy to find things on 3 Stocks, Ramsburg needs to make a better site in terms of navigation.
Thanks :)
Never mind... I found it. (under my nose :) ) I've never even looked at that link... still learning the site!
thanks David!
Quote from: la-onda on February 13, 2007, 09:38:29 AM
hi david,
what about CKSW?
quarterly results are improving, TA also nice...
tia
O.
First of all la-onda, let me tell you that your plays on OPBL.OB and NTRZ.OB were truly fantastic ! The next time you place a suggestion I'll try to make a more in depth look on them, as you usually know what is under the carpet ;)
I covered CSKW a couple of weeks ago, as you can check on the Stocks Covered List (http://www.3stocksonfire.org/trading/index.php?topic=8875.msg87075#msg87075) under "C".
I like it ;)
Rounded down to 500mill :P, doing good btw. I couldnt help it, was moving with high volume had to put out the name.
[/quote]
David, I know that this portfolio is supposed to be under $500M so this is not the place for this pick, but is there another place where you would like this requested? We used to have the analysis on demand section, but that was replaced by the 3SOF portfolio. I am just afraid that by only focusing on the micro and very small cap companies, you will not have the time to find new picks for the main portfolio of stocks that are over $500M. The newest picks over there are "graduates" of the 3SOF portfolio.
There is a lot of money to be made from the $500M-$5B picks too, but I don't know if anyone is looking for these anymore. I just checked SYX's market cap at the time of purchase for the main portfolio, and it was $503M :P Now it has passed $1 Billion. You might never have found it under the current operational format.
You are doing such a great job and spending a lot of time with this, making everyone lots of money but will you miss the next SYX if it has a market cap of $600M? Just a suggestion. Thanks, keep up the great work :)
The "Analysis on Demand (http://www.3stocksonfire.org/trading/index.php?topic=8542.0)" thread still exists in the Members Corner and I'll be glad to make 3 minute looks on every stock you like, whatever market cap you desire (I'm also interested in larger companies for the Main Portfolio (http://www.3stocksonfire.org/3stocksonfire.php))
You know what? Let me put that thread back up to the Main Portfolio message board so we'll start using it again for above $500 M market cap companies.
Thanks for the suggestion, it was a great one ! (applaud)
OSTE on fire ;)
Quote from: kpunarc on February 13, 2007, 09:43:17 AM
What about ABT.TO
ABSOLUTE SOFTWARE CORP
Market: Toronto
Sorry kpunarc, please read the 3 SOF Portfolio FAQ (http://www.3stocksonfire.org/trading/index.php?topic=8739.0), only NYSE, Nasdaq, AMEX and OTCBB stocks allowed. The reason for this is that I don't have technical and fundamental data for Canadian stocks.
Quote from: nica33 on February 13, 2007, 10:49:12 AM
OSTE on fire ;)
Absolutely nica33, great stock you got there :)
I made a 3 minute look on www.youtube.com, lets see if it works:
http://www.youtube.com/v/C9iN4-o3E0Q
I'm new to this so sorry if this is a dumb question. Can you explain a little about keeping ETLT and PFSW if they are no longer on fire? I am new to the analysis of stocks and am still trying to get a handle on all the lingo.
Marie
CECE is having a correction, which is great ! If it goes down to the $13 area I'll probably buy it to the Main Portfolio (http://www.3stocksonfire.org/3stocksonfire.php), I need something in the environment space and CECE looks like an astounding pick in that sector. The stock was already covered, as you can find on the Stocks Covered List (http://www.3stocksonfire.org/trading/index.php?topic=8875.0) under "C".
GM David,could you please have a look at ECGI for me? Had a nice earnings report this morning and is up 30% currently @3.50'ish.Thanks
Quote from: spiritgate on February 13, 2007, 11:05:37 AM
I'm new to this so sorry if this is a dumb question. Can you explain a little about keeping ETLT and PFSW if they are no longer on fire? I am new to the analysis of stocks and am still trying to get a handle on all the lingo.
Marie
It was actually a great question Marie, I was expecting for someone to make it.
I know it sounds strange and a bit of a strategy shift.
My reasoning is this:
- Those two stocks still look technically bullish. ETLT.OB still didn't close below the key $0.79 support. PFSW is now building the second shoulder of an inverted head and shoulders pattern in my opinion.
- Fundamentals remain very attractive for the two stocks. I wrote about ETLT's fundamentals in previous days, I don't want to be shaken out just by short term technical weakness, since I see the stock doubling over the next couple of months. PFSW is in a bottoming process and those usually take some time.
But my main reason is you ! I want to build a valuable service that helps people turn a little $15,000 trading account into a $150,000 investment account. That was and it still his the main purpose and objective of the 3 Stocks on Fire Portfolio (http://www.3stocksonfire.org/3stocksonfire_3sof.php).
For example, I bought ETLT.OB at $0.80, but I know many of you, readers of my analysis, bought at a higher price. Perhaps I could have sold at $0.90 or above and book a nice short term profit, but that probably would have been made, at least partially, at your expense.
That wouldn't make this a valuable service, would it? It would make me some money on that day, but I'm a long term worker and my portfolio is the Main (http://www.3stocksonfire.org/3stocksonfire.php).
I work for income and invest for wealth creation. For income I want to grow the 3 Stocks project with my partner and long time friend Ramsburg.
We'll probably put a cap at 1,000 subscribers when he comes back from holidays. We don't need more than that, and the service quality would decline if we accepted more.
Anyway, I guess you see my point. I expect the market to show all people here why it was wise to keep on holding ETLT.OB and PFSW a little longer than usual. Time will tell us the answer.
Thanks :)
what about nxxi? positive report and diabetes and weight loss, segments where it can grow considering the population that can be affected or helped by chromax.
Thank you!!! And by the way- I've learned more from you and this site than I have on any other. It's great to be with a good-natured and respectful crowd who is really interested in what we're doing here.
Marie
Quote from: 2bun on February 13, 2007, 11:12:57 AM
GM David,could you please have a look at ECGI for me? Had a nice earnings report this morning and is up 30% currently @3.50'ish.Thanks
ECGI is really an interesting situation 2bun, I'm not even going to do a video on it as it takes too much time.
Technically the stock couldn't be anything else but bullish, since it is rising 36% with the highest volume in more than a year.
Fundamentally:
- Market cap is $73 M. An international consumer and retail branding company and a merchant banking and financial services company.
- Balance sheet was incredibly strong, that's why they bought back so many shares, it's almost unbelievable. We'll get to this in a moment.
- Revenue trends ... they declined by a lot in 2006, I wonder why ???
- EPS has been negative for the past few quarters, but the big news is:
• Envoy Communications Group Inc. announces first quarter fiscal 2007 results (http://biz.yahoo.com/prnews/070213/to362.html?.v=13)
PR Newswire (Tue 8:00am)
«During January 2007 Envoy announced that it had purchased and cancelled 9,002,383 common shares pursuant to the modified Dutch Auction tender offer launched in fiscal 2006. The aggregate cost of repurchasing these shares was $28.7 million or, $3.19 per share. The shares purchased and cancelled represented 46.5% of Envoy's issued and outstanding common shares. The cash required to purchase these shares was made available from Envoy's $57.4 million investment portfolio at year end.»
This means the share count was reduced from 19,437,820 shares to 10,419,032, and that means the current market cap is 10,419,032*$3.77 = $39.2 M, not $73 M as I wrote previously.
«After giving effect to the Dutch Auction Envoy's book value per issued and outstanding share, based on the December 31, 2006 financial statements, was $4.60. This represents an increase in the net book value per share of $1.03 or a 28.9% increase.»
«Envoy estimates that the weighted average fully diluted shares outstanding for fiscal 2007 will be approximately 12,686,000.»
So, after all, expected market cap at $3.77 is $47.8 M.
As for EPS, it was 8 cents for the 4th quarter, but with this reduction in the share count, it would have been 15 cents (the share count was almost cut in half, that means EPS almost doubles).
If they make four quarters like this, they will earn $0.6 EPS and that would put the earnings multiple at $3.71/$0.6 = 6, which is low.
I wonder if all this news was expected or not, this is such a strange situation. It is the first time I see a company actually buying back almost half of its outstanding shares.
Anyway, with the current public information and brief study I made I guess EGCI is a nice momentum play for this week. I would like to look deeper into details, but that would take me hours ... wait, hmmmm. They could have issued preferred shares in exchange for these common shares.
Something smells fishy on ECGI.
Good luck :)
Ok, just found out now, the news for ICGI was expected. There were several prior press releases talking about a "issuer bid". The question is: how did they get the money to do this and why have they done it?
Let's dig some more ...
Ok, just found out that they sold some subsidiaries and used the money to buy back their own shares.
I'm not sure, but this looks like the company is selling its business by parts and buying back and retiring its common shares and go home with the profits, ending the company's operations.
Too complex to find out in such a short period of time. Usually I don't run after these situations related to share count changes ... but I really don't know, I wish the best of luck if you're in 2bun, and if you have a more specific question on a detail of this company, don't hesitate to ask, but I can't grasp the whole picture in such a short period of time.
Thanks :)
Quote from: spiritgate on February 13, 2007, 11:46:42 AM
Thank you!!! And by the way- I've learned more from you and this site than I have on any other. It's great to be with a good-natured and respectful crowd who is really interested in what we're doing here.
Marie
I second & third that. After 4 years of trading I have learned to BEWARE the message boards and chats as most are not what they seem. This one is different, David really does want to help others grow wealth :D :)
Thanks for the ECGI info David but i sold the pop into the 3.90's.Made a nice quick profit on that one!
ETLT should be fine soon but PFSW I sold out she got bad MSN rating
NTTL resistance 0.50 is broken
Hey David,
How bout DRMN. Have you covered this one? If you haven't, would you consider looking at it? Tia.
Keep up the good work.
Quote from: catrader on February 13, 2007, 11:28:52 AM
what about nxxi? positive report and diabetes and weight loss, segments where it can grow considering the population that can be affected or helped by chromax.
That stock was already covered, look for it at the Stocks Covered List (http://www.3stocksonfire.org/trading/index.php?topic=8875.0) under "N".
It was also a previous trade of the 3 Stocks on Fire Portfolio (http://www.3stocksonfire.org/3stocksonfire_3sof.php) (I lost 4.4% there as you can see under the current holdings).
Today's actions looks like a rebound in a short term bearish trend.
This piece of today's news tells me there was heavy dilution over the latest fiscal year:
«Net loss for the quarter was $4.7 million, or ($0.08) per diluted share, compared to a net loss of $3.1 million, or ($0.08) per diluted share, for the same period in the prior year.»
You can see how a 51% higher net income loss is translated into the same loss per share number of ($0.08). That means the share count increased by those 51%, and that is huge dilution for just one fiscal year. Moreover they're losing big bucks.
I would keep away from NXXI. Can be wrong though. Good luck :)
Quote from: 2bun on February 13, 2007, 12:15:28 PM
Thanks for the ECGI info David but i sold the pop into the 3.90's.Made a nice quick profit on that one!
Cool 2bun, congrats :)
ANAD makin me moolah, applaud nullzero ;D
Quote from: cramercramer on February 13, 2007, 12:18:29 PM
ETLT should be fine soon but PFSW I sold out she got bad MSN rating
NTTL resistance 0.50 is broken
Bad MSN rating? What's that cramercramer?
Thanks for the info :)
Apologies David, this may not be the right place for it, but peopel check here very frquently. Just a heads up for intraday traders - ONXX has been forming a symmetrical traingle, clearly seen on the 1 min chart, and isabout to resolve itself. May be worth trading or at least keeping an eye on....
Bought some TBUS yesterday as i noticed some increased interest.Up today quite nicely,can you have a look at this one for me David? Thanks
PFSW- Rating 1 from 10
PFSweb, Inc., a micro-cap value company in the consumer services sector, is expected to significantly underperform the market over the next six months with above average risk.
10 is the best possible
Quote from: David Randolph on February 13, 2007, 10:51:04 AM
Quote from: kpunarc on February 13, 2007, 09:43:17 AM
What about ABT.TO
ABSOLUTE SOFTWARE CORP
Market: Toronto
Sorry kpunarc, please read the 3 SOF Portfolio FAQ (http://www.3stocksonfire.org/trading/index.php?topic=8739.0), only NYSE, Nasdaq, AMEX and OTCBB stocks allowed. The reason for this is that I don't have technical and fundamental data for Canadian stocks.
Thanks. I couldn't find them either so i figured i ask you. ;) thanks though!
Quote from: ScottishTrader on February 13, 2007, 12:39:09 PM
Apologies David, this may not be the right place for it, but peopel check here very frquently. Just a heads up for intraday traders - ONXX has been forming a symmetrical traingle, clearly seen on the 1 min chart, and isabout to resolve itself. May be worth trading or at least keeping an eye on....
Please elaborate on what a symmetrical triangle could mean? A breakout as I see it is on fire today trading up over 8% already.
Quote from: ScottishTrader on February 13, 2007, 12:39:09 PM
Apologies David, this may not be the right place for it, but peopel check here very frquently. Just a heads up for intraday traders - ONXX has been forming a symmetrical traingle, clearly seen on the 1 min chart, and isabout to resolve itself. May be worth trading or at least keeping an eye on....
looks like a pump and dump to me...possibly a good short after the volume dies down. there a a million companies with cancer drugs, besides the drug wont come to market for years even if it is succesful.
Quote from: cramercramer on February 13, 2007, 12:49:26 PM
PFSW- Rating 1 from 10
PFSweb, Inc., a micro-cap value company in the consumer services sector, is expected to significantly underperform the market over the next six months with above average risk.
10 is the best possible
Lol, says who? Do you think that is a sound selling reason? I mean, there's not even a reason there, just a non substantiated opinion.
A symmetric triangle is a consolidation pattern that can form on any time frame. It is neutral until the pattern has been resolved by breaking one of the two converging rails, either to the upside or downside. When it does, very often this will dictate the direction of then next trend.
If you look at the onXX intraday chart right now you will se it just broke to the downside.
See here for more info:
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:symmetrical_triangle (http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:symmetrical_triangle)
Prodigykid, the point with ONXX is that its drug Nexavar is already on the market, but this recent study is for a new indication for liver cancer (its previous indication was for kidney cancer). Anyway, this is not the forum to be discussing it, really this was just a technical heads up, thats all.
it seems to have dropped 2% in the last 5-7 minutes.
Quote from: echo on February 13, 2007, 12:18:47 PM
Hey David,
How bout DRMN. Have you covered this one? If you haven't, would you consider looking at it? Tia.
Keep up the good work.
Hi echo, no, never studied DRMN.OB. Unfortunately my Reuters Data Link service is not working well today and I don't have DRMN.OB in my Metastock database, but I see on www.stockcharts.com that the medium and long term trend is bullish, despite the very weak volume.
Lets take a brief look at the fundamentals:
- Market cap is $120 M. The Company Operates through its wholly-owned subsidiaries with business operations in franchising, manufacturing and distribution, and retail operations.
- Balance sheet is acceptable, with the current ratio at 3. Problem is inventories are rising over the latest four quarters
- Revenue trend is positive over the years, with $42 M revenues in fiscal 2006 (it ended in March 2006). I see the business is seasonal with calendar Q4 being the strongest.
It looks like they're trying to move to the AMEX and perhaps that's what is behind the stock's strength:
• Dreams Targets An American Stock Exchange Listing (http://biz.yahoo.com/prnews/070130/cltu054.html?.v=76)
PR Newswire (Tue, Jan 30)
I see the business as mildly interesting and the stock not particularly interesting because volume is too low. That doesn't mean you won't make a lot of money out of it. But at $120 M market cap for $42 M in revenues for the past fiscal year I would say it seems about fairly valued.
Good luck :)
GST up over 7% with close to 1mill in volume.
Also ONSM which has been covered here before is doing well and looks like it has a chance to break out to new 52wk highs. ONSM currently up over 6.5% on high volume.
Volume today is very low because of Bernanke's speech tomorrow. Every time the man speaks the market rallies, even though the media always says people are afraid of what he might say.
A particular speech and attitude by Bernanke, about four years ago, obviously when he was not the FED Chairman yet, was what saved the stock market and the US economy from a Japanese style deflation scare, so I'm pretty confident in his ability to run monetary policy.
That article was, let me see if I can still find it ... here it is, I will never forget it:
Remarks by Governor Ben S. Bernanke
Before the National Economists Club, Washington, D.C.
November 21, 2002
Deflation: Making Sure "It" Doesn't Happen Here (http://www.federalreserve.gov/boardDocs/speeches/2002/20021121/default.htm)
My kids are arriving home with mom now, I'm not in the mood to cover more stocks today but I'll let the board open if anyone wants to post comments or analysis.
See ya later :)
Quote from: nullzero on February 13, 2007, 01:32:49 PM
GST up over 7% with close to 1mill in volume.
Also ONSM which has been covered here before is doing well and looks like it has a chance to break out to new 52wk highs. ONSM currently up over 6.5% on high volume.
Dave you have to boost my rating for that one :P All you do is make fun of me lol
QuoteDave you have to boost my rating for that one :P All you do is make fun of me lol
Ok, let me give you a candy, a 3 point boost to your rating :)
What do you want me to do, you're the ProdigyKid around here (the only missing part are some big round glasses on your photo), so I need to make fun of you ;D
hi ,
pmed , looking good today,
got in at .021 today. bounced off the 10day, might be a ateps play,
has volume and momentum.
glta,
maxi
Applaud nica33, OSTE makin me some money ;D
Quote from: tokyopua on February 13, 2007, 02:07:20 PM
Applaud nica33, OSTE makin me some money ;D
:'(
I have had puter issues with connecting to my trading account and couldn't buy this one or ONXX. I ain't makin me any money..... :'(
Any other good ones nice33 now that my trading account doesn't seem to be having any issues.
Quote from: lancefur on February 13, 2007, 02:10:20 PM
Quote from: tokyopua on February 13, 2007, 02:07:20 PM
Applaud nica33, OSTE makin me some money ;D
:'(
I have had puter issues with connecting to my trading account and couldn't buy this one or ONXX. I ain't makin me any money..... :'(
Any other good ones nice33 now that my trading account doesn't seem to be having any issues.
good thing you didn't buy ONXX its down .75 already...what do you guys think of shorting ONXX after earnings come out on thursday? I still think it will be in bull mode until then.
FALC ! it's moving !!
Quote from: nica33 on February 13, 2007, 03:56:35 PM
FALC ! it's moving !!
Hopefully it will again so tomorrow. :)
I have some in cash I would like to invest.
The 3 Stocks on Fire Portfolio (http://www.3stocksonfire.org/3stocksonfire_3sof.php) was down 2.21% today, to $24,414, still up 62% since inception in January 19th, 2007.
Tomorrow is another day, thanks for your participation :)