What's cooking?
Institutional buying
Over 4 Mil shares traded, 3.5 in the after market at 2.1. Average volume (3m)186,547 Possible merge, buyout of Sitel. Not sure yet, but this was done under the radar
setravis applaud ,,,, this one just went into my monday watch list,, finally breaks resistance, if it starts to go north in the monday morning ( without a gap ) i will buy in.
agatto2......same here,if north bound on Monday (without a gap) I will buy.
I found this little tid bit if it helps. I reallly dont know what the rueters statement is all about ,,, but looking at the quote for friday some serious people bought a whole lota shares late in the afternoon. So any help on the rueters quote would be awsome.. tonyg
http://host.businessweek.com/businessweek/Historical_Quotes.html?Button=Get+Quot es&Format=0&Type=5&Symbol=SWW&StartDate=06/24/05&EndDate=06/24/05
there is no way that this is just shorts covering, they're finally decimated!
Something was known due to the higher volume in the 1.60's and everyone quietly jumped in.
(expect annoying messages like '... made a fortune on this easy stock...' they always tell you after making the big $$$$ so the reader cringes.
My broker mentioned Reuters came up with statement 'MOC buy in balance 1.17M' suggesting institutional buying at this level.
I'll have to dig to find more.
The extreme high short interest on Nasdaq (1.4M in June) was finally squeezed out. Note how high volume killed the stock in Feb,high volume doing the oposite today. 2.00 is the new support level! It would not surprise me to see 3.00 by next week.
Some other interest ,,, after hours purchases late in the evening ,,,, who really has this much money one and a third million shares? Also total after hours volume was really high,, i might wait untill mid morning if the pre market keeps droping in price.
16.14 $ 2.10 1000
16.13 $ 2.09 800
16.13 $ 2.10 1343100
16.13 $ 2.05 200
16.13 $ 2.10 1167600
16.11 $ 2.05 500
16.05 $ 2.01 1000
16.04 $ 2 1000
16.00 $ 2.05 1700
Hey Guys-
Pretty sure SWW was just added to the Russell Microcap Index, thus all the institutional buying. What that portends for next week and beyond, I have no idea. I've traded SWW before and found it to be a VERY slow moving stock. All The Best
The Irishman
I wouldn't mind if this continued.
My second stock of 3 stocks ,That I will buy at the open,to test "or play my little game" with the system @ American Bulls.Com (The Buy Confirmed). 3 stocks I will find and buy $1,000.00 in each.
1. DFIB
2. SWW
"CAUTION DO NOT TRY THIS AT HOME" ;D
*************************************************************************
SWW
SITEL CORP
Daily Commentary
Our system posted a BUY CONFIRMED today. The previous SELL recommendation that was confirmed was made on 07.12.2005 (2) days ago, when the stock price was 2.2500. Since then SWW has gained 2.22% .
BUY
CONFIRMED
2.3000
+0.0500 +2.22%
Candlestick Analysis
Today's Candlestick Patterns:
White Candlestick
Today a White Candlestick was formed. This represents normal buying pressure.
Stock Quote
Day's Close 2.3000
Previous Close 2.2500
Previous Open 2.2100
Change +0.0500
% Change +2.22%
Volume 3,454,800
Stock Activity
Day's Open 2.2400
Day's High 2.3400
Day's Low 2.2400
50-Day Close M.A. 1.9444
200-Day Close M.A. 2.0595
65-Day Volume M.A. 213,391
theeeee trendeee is our friendeee. korn or what?
btw applaud seatravis,, awsome pick and hang.
As EliteG would say.......WOOOOOHOOOOOO!!!! i THINK IT IS SOMETHING LIKE THAT. :D :D :D :D
MarketWatch
Market Pulse: Sitel jumps in wake of quarterly report, outlook
Wednesday August 10, 12:25 pm ET
By Michael Baron
NEW YORK (MarketWatch) -- Shares of Sitel Corp. rose 12.9% to $2.81 on Wednesday after the Omaha, Neb., provider of outsourced customer support services posted second-quarter earnings of $3.2 million, or 4 cents a share, up from a year-ago profit of $2.5 million, or 3 cents a share. The latest quarter included a gain of $2.6 million from the reversal of a restructuring liability. Thomson First Call doesn't publish a consensus estimate for the company's results. Looking ahead, Sitel sees breakeven results for the third quarter and earnings of 11 to 15 cents a share for the fourth quarter.
:o This has made a great showing.
nice pick -- send me a personal message next time u have one that will double. ;D
hahahaha
applaud
It turned out really good looking :P
Technicals
Record Price High
Last Price Quote is:
8.20%above 13-day EMA
13.48%above 50-day EMA
RS Rating: 87
Fundamentals
Earnings Expected on Mar 15
Key Data:
Market Cap (M): $261.96
P/E Ratio: NA
PEG Ratio: N/A
Next Earnings: 03/15/2006
Last Analyst Rating: Buy
looking huh, Setravis?
Check out the weekly chart, smooth uptrend ;) :D ;D
Nice Bullish Chart.
I've seen some powerfull charts but this thing is a fricking monster wanting to explode and I think it is going to do just that, explode higher.Just need some volume to jump back in there.
JMHO of course. :D
Technicals
Last Price Quote is:
2.53%above 13-day EMA
9.16%above 50-day EMA
RS Rating: 87
Fundamentals
Earnings Expected on Mar 15
Key Data:
Market Cap (M): $277.46
P/E Ratio: NA
PEG Ratio: N/A
Next Earnings: 03/15/2006
Last Analyst Rating: Buy
Hocus Pocus...and there's that volume.... ;)
Volume: 1,044,100
Avg Vol (3m): 141,962
Technicals
Record Price High..... ;D
Gap Up
Percentage Gainer
Last Price Quote is:
9.16%above 13-day EMA
16.93%above 50-day EMA
RS Rating: 92
Fundamentals
Earnings Expected on Mar 15
Key Data:
Market Cap (M): $277.46
P/E Ratio: NA
PEG Ratio: N/A
Next Earnings: 05/09/2006
Last Analyst Rating: Buy
Headline News Link... http://finance.yahoo.com/q/h?s=SWW
[audio] SITEL Corporation Earnings Conference Call (recorded earlier today)
• Sitel Sees Profit, Revenue Growth in 1Q
Associated Press (Wed 11:31am)
• Sitel Posts 4Q Profit on Strong Sales
Associated Press (Wed 11:14am)
• SITEL Corporation Earnings Call scheduled for 8:30 am ET today
CCBN (Wed 8:30am)
• Reminder - SITEL Schedules Fourth Quarter 2005 Conference Call and Webcast
PR Newswire (Wed 7:45am)
• Q4 2005 SITEL Corporation Earnings Release - Time Not Supplied
CCBN (Wed 7:07am)
• SITEL CORP Files SEC form 8-K, Results of Operations, Financial Statements and Exhibits
EDGAR Online (Wed 6:20am)
AP
Sitel Sees Profit, Revenue Growth in 1Q
Wednesday March 15, 11:31 am ET
Sitel Forecasts Higher Profit, Revenue in Fiscal Year 2006
OMAHA, Neb. (AP) -- Call-center operator Sitel Corp. on Wednesday forecast higher revenue and earnings for the first quarter and all of 2006.
The company sees quarterly income ranging from 3 cents to 5 cents per share, and revenue of $260 million to $270 million. Sitel said its revenue should improve despite losing a deal with General Motors Corp., its biggest client. In the year-ago period, the company earned 2 cents per share on revenue of $251.2 million.
Annual earnings are projected at 30 cents to 33 cents per share, with revenue of $1 billion to $1.1 billion, Sitel added.
Shares of Sitel, which also reported swinging to a profit last quarter, gained 29 cents, or 7.7 percent, to $4.04 on the New York Stock Exchange. Earlier the stock climbed to $4.15, surpassing its prior 52-week high of $4.08.
AP
Sitel Posts 4Q Profit on Strong Sales
Wednesday March 15, 11:14 am ET
Sitel Reverses Year-Ago Loss to Post 4Q Profit As Revenue Climbs
OMAHA, Neb. (AP) -- Call center operator Sitel Corp. on Wednesday moved to a fourth-quarter profit as its revenue rose sharply during the period.
The report boosted Sitel shares, which jumped 28 cents, or 7.5 percent, to $4.03 on the New York Stock Exchange. Earlier in the session, shares rose to $4.15, surpassing a prior 52-week high of $4.08.
Quarterly income was $2.2 million, or 3 cents per share, compared with a loss of $32.5 million, or 44 cents, last year. Setting aside restructuring and impairment charges, its latest earnings were $6.9 million, or 9 cents per share.
Revenue gained 20 percent to reach $290.8 million in the fourth quarter. North American business swelled 31 percent to $155.9 million, while revenue edged up 4 percent in Europe and 9 percent in Singapore, Australia and New Zealand.
For the year, Sitel swung to a profit of $5 million, or 7 cents per share, from a loss of $27.7 million, or 38 cents, in 2004. Annual revenue climbed 9 percent to $1.04 billion.
Did I say ? "Something's Up"
It is the kind of chart where stocks rest for a while, and then, the uptrend resumes.
Volume: 502,200
Avg Vol (3m): 155,715
Technicals
Record Price High
Last Price Quote is:
7.13%above 13-day EMA
16.27%above 50-day EMA
RS Rating: 91
Fundamentals
Key Data:
Market Cap (M): $309.93
P/E Ratio: 62.15
PEG Ratio: N/A
Next Earnings: 05/09/2006
Last Analyst Rating: Buy
This stock is primed to move on up,
continue to make those higher highs, and higher lows.
This one's MACD has remained above center line for some time...= Bullish
Sitel has predicted 30 to 33 cents per share for 2006.
They are forecasting revenues between 1 and 1.1 billion dollars.
The way the stock has been reacting tells me that somebody knows the answers and is loading up.
Technicals
Record Price High
Close Above the 13-day EMA
Percentage Gainer
Last Price Quote is:
2.80%above 13-day EMA
9.15%above 50-day EMA
RS Rating: 90
Fundamentals
Key Data:
Market Cap (M): $314.35
P/E Ratio: 63.04
PEG Ratio: N/A
Next Earnings: 05/09/2006
Last Analyst Rating: Buy
A breakout above resistance at 4.26 +/- .08 and this thing is off to the moon.
Trended in the right direction for a change.
Usual percentages OK within the time frame here, Move on to higher targets !
Looking like a Head and Shoulders Bottom.
JMHO of course.......
Technicals
Close Below the 50-day EMA
Last Price Quote is:
0.07%above 13-day EMA
-0.90%below 50-day EMA
RS Rating: 5
Fundamentals
Key Data:
Market Cap (M): $233.18
P/E Ratio: 21.69
PEG Ratio: N/A
Next Earnings: 11/08/2006
Last Analyst Rating: Buy
No time for comments.
Will drop the end of day chart......
UPDATE 1-Onex unit to buy Sitel Corp. for $450 million
In U.S. dollars unless noted)
TORONTO, Oct 13 (Reuters) - ClientLogic Corp., a unit of Canadian conglomerate Onex Corp. (OCX.TO: Quote, Profile, Research), has agreed to buy U.S.-based Sitel Corp. (SWW.N: Quote, Profile, Research) for about $450 million in cash and debt, Onex said on Friday.
ClientLogic will offer $4.05 in cash for all the shares of Sitel, which provides outsourced customer support services, putting the equity purchase price at about $310 million. It will also take on about $140 million of Sitel debt.
Onex, which has investments in movie theaters, high-tech firms, aerospace and emergency medical services, has an 89-percent equity stake in ClientLogic.
The deal will need the approval of a majority of Omaha, Nebraska-based Sitel's shareholders. Onex said a group of Sitel investors, including its largest shareholder and its chairman and chief executive, who hold about 31 percent of the company's stock support the deal.
The offer includes a break fee equal to 3.5 percent of the purchase price, payable to ClientLogic.
A Sitel shareholder meeting is expected to be held in early 2007, Onex said.
($1=$1.13 Canadian)
© Reuters 2006. All Rights Reserved.
|
Sitel Agrees to Buyout
By TSC Staff
10/13/2006 10:41 AM EDT
Call center operator Sitel (SWW - commentary - Cramer's Take) agreed to be acquired by ClientLogic, a fellow business outsourcing company, for $450 million.
ClientLogic, a unit of Candian congolmerate Onex, will pay $4.05 a share for Sitel, representing a 15% premium over the company's closing price of $3.52 Thursday.
"Our board and our financial advisor Citigroup reviewed numerous opportunities while searching for strategic alternatives that would create the greatest value for our shareholders," said Sitel Chairman and Chief Executive Jim Lynch in a statement. "Based on this review, it was clear to Sitel's board that the offer from ClientLogic represents the best alternative to create significant shareholder value."
The combined entity will have about $1.7 billion in revenue, the companies said.
The deal is expected to close in the first quarter of 2007. Nearly 20% of Sitel's outstanding shares are subject to voting agreements that require the shares to be voted in favor of the merger.
Shares of Sitel recently were up 38 cents, or 11%, to $3.90 on heavy volume.
bizjournals.com
ClientLogic buy will make it $1.7B company
Friday October 13, 4:42 pm ET
ClientLogic has signed a deal to acquire teleservices company Sitel Corp.
The $50 million deal calls for a newly formed subsidiary of Nashville, Tenn.-based ClientLogic to merge with Omaha, Neb.-based Sitel (NYSE: SWW - News) and pay $4.05 per share in cash for the company's common stock, a 15 percent premium to Sitel's Thursday closing price.
The combined company will continue to be named ClientLogic Corp. it is expected to have revenue of more than $1.7 billion and have about 65,000 employees across 28 countries. ClientLogic CEO Dave Garner will retain that role in the combined company.
ClientLogic, a subsidiary of Canadian conglomerate Onex Corp., sells contact and fulfillment center services internationally. It has an office in Albuquerque in The !25 development at Jefferson and I-25.
Both firm's boards of directors have approved the deal, which is expected to be completed in the first quarter of next year, subject to regulatory and shareholder approval.
The New Mexico Business Weekly contributed to this report by the Nashville Business Journal, an affiliate publication.
For more, go to: wwwclientlogic.com.
Published October 13, 2006 by New Mexico Business Weekly
Volume Spikes: SWW...SYX...ECR...LUM...UNM...FOE...RGC
Shares of Sitel Corp. surged to trade 8.9 million times from an average daily trading volume of 292,800. The customer service provider said it will let ClientLogic, a privately held business services outsourcing company, buy it for $4.05 per share in cash, or a total of $450 million.
Sitel shares added 37 cents, or 10.5 percent, to $3.89.
Business Overview
BRIEF: For the six months ended 30 June 2006, SITEL Corporation's revenues rose 10% to $553.5M. Net income totaled $9.6M, up from $3.1M. Revenues reflect an increase in sales from North America and revenue growth in Netherlands, Poland, Belguim, France, Germany & Spain. Net income also reflects increased operating margins, the absence of asset impairment & restructuring charges and higher equity in earnings of affiliates. http://www.sitel.com
Support @ $3.84...3.71...3.46
Resistance @ $3.96...4.27...4.41
52wk Range: 2.00 - 4.85
Volume: 17,873,100
Avg Vol (3m): 561,792
Technicals
MACD is Bullish
Stochastic is Bullish
Record Volume
Most Actives
Gap Up
Percentage Gainer
Last Price Quote is:
18.20%above 13-day MA
24.44%above 50-day MA
RS Rating: 86
Fundamentals
Key Data:
Market Cap (M): $221.38
P/E Ratio: 20.59
PEG Ratio: N/A
Next Earnings: 11/08/2006
Last Analyst Rating: Buy
I like the pattern on this one setravis, I'll try to grab some shares next week ;)
Great update ...applaud ;)
Terliso, Applaud back to you... ;D
As usual great chart work.
I was speaking of this H&S on the prior page.
And thanks for the vote of confidence & applaud...... ;)
SWW
Press Release Source: SITEL Corporation
SITEL Receives Non-Binding Proposal from The Gores Group and The Calgary Group
Wednesday October 25, 3:23 pm ET
OMAHA, Neb.--(BUSINESS WIRE)--SITEL Corporation ("SITEL" or the "Company") (NYSE:SWW - News) announced today that its Board of Directors received an unsolicited, non-binding proposal from The Gores Group and The Calgary Group ("Gores/Calgary") which have together proposed a business combination in which the Company's stockholders would receive $4.50 in cash per share or, at the Company's election, receive $3.25 per share in cash and retain ownership of stock in the Company described in the proposal as having a value of $1.25 per share and representing an aggregate pro forma ownership interest of 46% of the Company's common stock after the transaction.
The Company's Board of Directors has not changed its approval or recommendation of the merger agreement with ClientLogic Corporation ("ClientLogic") announced on October 13, 2006, which provides for the payment of $4.05 per share in cash for all of the outstanding common stock of the Company (the "ClientLogic Merger Agreement"). Nonetheless, pursuant to the ClientLogic Merger Agreement, and after consultation with the Company's outside legal advisor and financial advisor, the Board has authorized the Company to explore the newly received proposal with Gores/Calgary, which will include seeking clarification of the proposal and its material terms (including requirements for due diligence investigation, financing, timing and regulatory approvals, and the other terms not sufficiently specified in the proposal), the sharing of nonpublic information with Gores/Calgary and the negotiation of a possible transaction.
There is no assurance as to whether or when Gores/Calgary will make a definitive, binding offer, whether the price to be paid in such an offer will be equal to, greater than or less than the price stated in the non-binding proposal received by the Company, whether the terms and conditions of any such offer will be acceptable to the Company's Board of Directors or whether the parties will be able to reach definitive agreement for the transaction described in the proposal.
Under the ClientLogic Merger Agreement, the Company is required to keep ClientLogic informed of certain developments relating to such matters as the Gores/Calgary proposal, and is required to give ClientLogic an opportunity, in its sole discretion, to adjust the terms of the ClientLogic Merger Agreement in good faith negotiations with the Company.
About SITEL Corporation
SITEL is a leading global provider of outsourced customer support services. On behalf of many of the world's leading organizations, SITEL designs and improves customer contact models across its clients' customer acquisition, retention, and development cycles. SITEL manages approximately two million customer interactions per day via the telephone, e-mail, Internet, and traditional mail. SITEL has over 42,000 employees in 101 global contact centers located in 26 countries. SITEL is a leader in the contact center industry. Please visit SITEL's website at www.sitel.com for further information.
Additional Information and Where to Find It
SITEL will file a proxy statement with the Securities and Exchange Commission (SEC) in connection with the proposed merger as soon as practicable. We urge stockholders to read the information/proxy statement and any other relevant documents to be filed with the SEC in their entirety, because they will contain important information relating to the proposed transactions. In addition, stockholders will be able to obtain the documents free of charge at the SEC's website, www.sec.gov or from SITEL by directing such request to SITEL, Attention: Bill Sims, Vice President, Investor Relations, 7277 World Communications Drive, Omaha, NE 68122. Telephone: 402-963-6444. The final proxy statement will be mailed to SITEL's stockholders.
This communication shall not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of 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.
Cautionary Statement Regarding Forward-Looking Statements
This news release contains forward-looking statements that are intended to be covered by the safe harbor for "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995. These include statements as to the proposed merger transaction with ClientLogic and the newly-received proposal. Other forward-looking statements may be identified by the use of the words "expects," "will" and similar expressions. These forward-looking statements speak only as of the date the statement is made and SITEL assumes no obligation to update such statements. Although SITEL believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Because forward-looking statements involve risks and uncertainties, future events and actual results could differ materially from those set forth in, contemplated by or underlying the forward-looking statements. Important factors that could cause actual results to differ materially from SITEL's expectations may include, but are not limited to the following, many of which are outside its control: the risk that any integration planned for the businesses of SITEL and ClientLogic following the merger will not be concluded successfully or will be more difficult, time-consuming or costly than expected; expected revenue synergies and cost savings from the merger with ClientLogic may not be fully realized or realized within the expected time frame; revenues following the merger with ClientLogic may be lower than expected; client and employee relationships and business operations may be disrupted by the merger with ClientLogic; the ability to achieve required closing conditions including antitrust clearances and shareholder approval; credit market conditions; legislative and regulatory changes; and uncertainties relating to the newly-received proposal from Gores/Calgary. SITEL's Form 10-K, 10-Q and 8-K reports filed with the SEC describe other important factors that may impact SITEL's business, results of operation and financial condition and cause actual results to differ materially from those set forth in, contemplated by or underlying the forward-looking statements.
Participants in the Solicitation
The Company and its directors and executive officers and other members of management and employees are participants in the solicitation of proxies from the stockholders of the Company in connection with the previously announced proposed merger between SITEL and ClientLogic. Information about the Company's directors and executive officers is set forth in the Company's proxy statements and annual reports on Form 10-K, previously filed with the SEC, and the proxy statement relating to the proposed transactions, when it becomes available.
Contact:
SITEL Corporation
Bill Sims, Investor Relations, 402-963-6810
--------------------------------------------------------------------------------
Source: SITEL Corporation
AP
Sitel to Weigh Second Takeover Bid
Wednesday October 25, 4:20 pm ET
Sitel to Weigh Private-Equity Takeover Bid, Even As ClientLogic Agreement Goes Forward
OMAHA, Neb. (AP) -- Call center operator Sitel Corp. said Wednesday it received an unsolicited, non-binding $4.50-per-share buyout offer from two private equity groups, Gores Group and Calgary Group.
The Gores/Calgary offer proposes giving Sitel shareholders $3.25 per share in cash plus ownership of stock in the combined company worth $1.25 per share.
The purchase price represents a 13 percent premium to Tuesday's closing price of $3.98. Over the past year, shares have ranged between $2 and $4.85.
On Oct. 13, Sitel agreed to be acquired by ClientLogic Corp., a business process outsourcing company owned by Canadian conglomerate Onex Corp. for $4.05 per share, but shareholders aren't likely to approve the transaction before 2007.
Sitel's board of directors said it had not changed its approval or recommendation of the ClientLogic acquisition, but has authorized Sitel to explore the new proposal, share non-public information with Gores and Calgary Group, and negotiate a possible transaction.
Shares of Sitel climbed 32 cents, or 8 percent, to close at $4.30 on the New York Stock Exchange.
SOURCE: SITEL Corporation
SITEL Corporation
Bill Sims, Investor Relations, 402-963-6810
Copyright Business Wire 2006 ********************************************************************** As of Saturday, 10-21-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated an UPTREND on 08-31-2006 for SWW @ $2.89. For more information on Comtex SmarTrend? Alert, contact your market data provider or go to CSTADirect.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright ? 2004-2006 Comtex News Network, Inc. All rights reserved.