3SOF

Quote from: rudynostalgia on January 30, 2007, 11:31:39 AM
VSGN, Canadian bio tech. It had a bad trial result last summer which caused large drop, but it has been trending up steadily and volume here and in Toronto has been very high.

VSGN 3 minute look:

http://video.google.com/googleplayer.swf?docId=-4272860842106011981&hl=en

(if the video doesn't work, use this link)

That's bottom fishing Rudy, a strategy that I dislike, I prefer to go with the trend, because one never knows if the technical base is completely made or not. Bottoms are usually very volatile and take time, I believe the money is in the middle of trends, not in trying to catch bottoms or tops.

Anyway, VSGN is a biotech company without any revenues and huge losses, so it needs shareholder's money to survive. Still a $40 M market cap, even at these very low share price. I guess it can rebound strongly, but the risk is high,  there's no fundamental value, in terms of revenues and profits, to support it if it starts going down.

Personally, I wouldn't want this business (business, not shares), not even if they gave it to me. It's funny how a business can be worth less than $0 (because there's more debt than assets), but the share price can never be negative.

Can be wrong, though, I really don't know how to value biotechnology companies, good luck

Now the video does not work me, the link is OK though.

HGR moving again   

IFON, one of your old picks is having a bit of a squeeze today I think on no news.  It might be over, or it might be taking a breather.

Quote from: nullzero on January 30, 2007, 11:59:46 AM
David what you think of ALGN?

ALGN 3 minute look:

http://video.google.com/googleplayer.swf?docId=7451314560018138125&hl=en

(if the video doesn't work, use this link)

Nice sector, but overvalued in my opinion, at more than $900 M market cap and showing losses. The business opportunity looks great, but management doesn't seem very capable, because they're not getting any profits out of the situation.

Hey David,

Been a long time, hope your doing well

Take a look at SUF - Sulphco Inc.

They have a technology in test right now that uses sonar waves in the refining process of crude oil.

I've been watching this one for a while and value your opinion on these microcaps.

Best Regards,

Scott

GMST or SPAB

Hey David,

How bout SPAB with this big run up. Or is it too late to get in?

Hi David - TGX posted a profit for 4Q today - 52 week high.  Balance sheet looks good with my quick glance...

CPNE.ob

On fire today.  Have you looked at this one?

Quote from: cramercramer on January 30, 2007, 11:23:12 AM
HOKU on fire now.Moving with very high Volume

I like HOKU, but it doesn't seem ready to rally yet. Volume isn't so great, when compared to volume traded about a week ago, and there's plenty of overhead resistance.

4th quarter results, which were weak, are dampening enthusiasm for the stock. I'll look for a gap down to around $4 to get in.

Thanks for the suggestion, I'm keeping an eye on it

hi david,
what do you think of trmm at these levels? it seems to not want to break the 320 level now dropped to 312.
is there a stop for this one?
thanks ,
maxi

Sold TRMM @ $3.11. Sold OFI @$5.22. Bought CPNE.OB @$2.08.

Justification next.

Quote from: David Randolph on January 30, 2007, 02:10:57 PM
Sold TRMM @ $3.11. Sold OFI @$5.22. Bought CPNE.OB @$2.08.

Justification next.

Well, I sold TRMM and OFI today because they're not on fire anymore.

TRMM I have doubts, not really sure of the outcome and it is taking too long to make a decision, so I need to put the money to work elsewhere.

OFI I continue to love it and hold it for the long term, but not on fire anymore, so I took a 37% profit there.

I'll hold SILC some more time. I think today is just a pause, the stock will be on fire again tomorrow.

I bought CPNE.OB. Justification next, the video is uploading.

EGHT.  It's going up!