HSOA.PK

[Terliso]

Lucas,

How do you post that thing?
The whole window explorer?

thanks

[Lucas Scott]

Just did Alt+PrintScreen, pasted it into Paint, reduced the image size and saved it.

[Terliso]

Just did Alt+PrintScreen, pasted it into Paint, reduced the image size and saved it.

got it, thanks (applaud)

[nullzero]

HOM UP 30% today seems that stocklemon may be a fraud and performed an illegal short raid on HOM.

[alien41]

FYI

There is news of a shareholder lawsuit this morning. Doesn't look good in the short term for sure.   
http://biz.yahoo.com/pz/060621/101050.html

Alien

[la-onda]

fyi: 
HOM: Short Interest UP 217.8% to 8.7M in Jun 2006
Wednesday, June 21, 2006 16:01 ET

According to new short interest data from AMEX, short interest for Home Solutions of America Inc (AMEX: HOM) INCREASED 217.8% to 8,678,306 shares for the month ended mid-June, 2006.

SYMBOL               MAY            JUNE          CHANGE       %CHANGE    DAYS/COVER
--------   -------------   -------------   -------------  ------------  ----------
HOM            2,730,688       8,678,306      +5,947,618      +217.81%           2

Based on HOM's 20-day average daily share volume of 6,411,790, it would require approximately 2 day(s) of buying to cover this short interest.

[willey]

HOM

Expecting a good run higher to at least the 50dma. ( presently at about $9 )

$$$$

good trading to all

willey

[basonista]

OMG!  I'm in the top 5 of the contest with HOM!  I'll enjoy it while I can. 

HOM broke out of descending triangle today on higher volume.  Could have been more convincing but this one is still a trader's stock and was beat back down towards the EOD.  Support zone held again yesterday but I wouldn't be surprised to see it tested again until some news comes out.  At least we are above the 200dma again so maybe downside is more limited now.  Time will tell....

[basonista]

 

Home Solutions of America Receives Clearance from NASDAQ to Commence Trading on July 17, 2006
Business Wire - July 13, 2006 12:16

DALLAS, Jul 13, 2006 (BUSINESS WIRE) -- Home Solutions of America, Inc. (AMEX: HOM), a provider of recovery, restoration and rebuilding/remodeling services, announced today that, following its provision of additional information to NASDAQ, its common stock will begin trading on the NASDAQ Global Market under the ticker symbol HSOA as of the commencement of trading on July 17, 2006.

The Company previously announced that the commencement of trading in its common stock, which had been scheduled for June 27th, had been delayed as a result of Nasdaq requesting additional information.

[basonista]

Nice week for HOM!  Retest of support zone, move above the 200ma, breakout of descending triangle on increasing volume and all in the face of one of the worst weeks the markets have seen in a long time.  Yesterday's Evening Star Doji doesn't excite me but HOM's potential does!  A move above the 50ma would be very bullish but I will be watching for the overall market action and either hurricane or earnings news.  If the markets continue to move down, HOM will most likely begin to go with them.  A market bounce could see HOM continue to move up.

[basonista]

Damn, I can never anticipate this sell the news crap!    HOM (now HSOA) made it to the NASDAQ today (woo hoo!!!) and then promptly sold off 10% and closed below the 200ma AGAIN and then sold off another 1.5% AH.  The close was at the descending TL of the triangle HSOA managed to break out of last week, so hoping this is only a retest.  For what it's worth, the selloff was on pretty low volume although nothing may matter considering how the markets have been feeling lately.  At least there are still 2 catalysts to go:  Hurricanes and earnings.  So, of those 3 contest stocks that are in the green - take the top one off and we're down to 2!!!!  BOOYAA!!!!  And GO XKEM!!!!

[basonista]

Too bad this wasn't announced before the end of the contest...

Home Solutions Reports Record Second Quarter 2006 Results; Net Income Increases 320 Percent on 90 Percent Sales Growth
Monday August 14, 4:24 pm ET


DALLAS, Aug. 14 /PRNewswire-FirstCall/ -- Home Solutions of America, Inc. (Nasdaq: HSOA - News; the "Company" or "Home Solutions"), a provider of recovery, restoration and rebuilding/remodeling services, today reported record financial results for its second quarter ended June 30, 2006.
"We are very proud to report record-setting results for the second quarter, primarily related to rebuilding efforts along the Gulf Coast that are now under way," said Frank J. Fradella, Chairman and Chief Executive Officer of Home Solutions. "Our second quarter operating results are consistent with our goals that we established earlier this year. They also represent significant progress made in establishing measurable contracts that provide sustainable revenues and earnings for the balance of 2006 and into 2007."


    Second Quarter 2006 Consolidated Results

     *  Revenues from continuing operations for the second quarter grew
        90 percent to a record $24.2 million, versus $12.7 million for the
        same period in 2005.

     *  Second quarter 2006 net income increased 320 percent to a record
        $4.4 million, or $0.11 per diluted share compared to $1.1 million, or
        $0.04 per diluted share, in the same quarter last year.  Second
        quarter net income included a net gain of $0.02 on discontinued
        operations.

     *  Second quarter 2006 EBITDA increased 186 percent to $6.3 million
        (including $5.9 million of operating income and $.4 million of
        depreciation and amortization), compared to $2.2 million (including
        $1.9 million of operating income and $.3 million of depreciation and
        amortization) in the 2005 second quarter.

     *  The Company's effective tax rate for the second quarter of 2006 was
        38 percent compared to 8 percent in the second quarter of 2005.

     *  Second quarter gross margin was 47.1 percent compared to 43.7 percent
        in the same quarter of 2005 and compared to 51.6 percent in the first
        quarter 2006.  The changes in gross margin relate to mix between the
        Recovery/Restoration and Rebuilding/Remodeling segments.

     *  As of June 30, 2006, the Company reported $13.8 million in cash, and
        debt of $1.6 million.

     *  On July 31, 2006, the Company announced its agreement to acquire
        Fireline Restoration, Inc. ("Fireline"), a privately held provider of
        recovery and restoration services throughout Florida, Louisiana and
        Mississippi for cash consideration of approximately $11.5 million, an
        unsecured promissory note issued to the owner in the principal amount
        of $21.7 million, and 4 million shares of Home Solutions' restricted
        common stock.  The acquisition, which was closed, July 31, 2006, is
        effective as of July 1, 2006.  The Company expects Fireline's
        operations to be accretive to its earnings per share during the first
        12 months following the effective date of the acquisition.

    Second Quarter 2006 Financial Segment Results

     *  The Recovery/Restoration Services segment generated a 208 percent
        increase in revenue to $15.0 million and 742.3 percent increase in
        operating income to $6.4 million compared to the 2005 second quarter,
        primarily due to the rapid increase in build-back work taking place in
        hurricane-affected areas.  Cost of sales as a percentage of the
        segment revenues declined to 43.8 percent compared to 51.5 percent for
        the second quarter of 2005.

     *  Revenues from continuing operations in the Rebuilding/Remodeling
        business segment for the second quarter of 2006 increased 17 percent
        to $9.2 million.  Operating income from continuing operations
        decreased 35 percent to $1.1 million compared to the second quarter of
        2005.  This resulted from increased spending in infrastructure on the
        Home Depot business during the second quarter of 2006.  For the
        remainder of the year, we expect the quarterly comparisons of segment
        operating profit to show increases over the prior year.  We expect the
        operating profit in the segment to increase over the prior year during
        the remainder of the year.  While the second quarter growth rate
        slowed due to timing of customer deliveries and a softer housing
        environment, overall growth in Rebuilding/Remodeling revenues from
        continuing operations in the first half of the year is up 65 percent
        and operating income is up 27 percent.  Cost of sales from continuing
        operations increased to 67.9 percent of segment revenues from
        59.4 percent due to changes in scale for the quarter.

    Six Months Ended June 30, 2006 Consolidated and Segment Results

     *  Revenues from continuing operations for the six-month period ended
        June 30, 2006 increased 97.3 percent to a record $43.4 million, versus
        $22.0 million for the same period in 2005.

     *  For the six-month period, gross margin improved from 46 percent as
        compared to the same period a year ago to 49 percent.

     *  EBITDA increased 149 percent to $10.7 million (including $9.9 million
        of operating income and $0.8 million of depreciation and
        amortization), compared to $4.0 million (including $3.5 million of
        operating income and $0.5 million of depreciation and amortization).

     *  Net income for the six-month period ended June 30, 2006 increased to
        $7.6 million from $2.1 million in the same period last year,
        representing a 262 percent gain.

     *  For the six-month period, net revenue for the Recovery/Restoration
        Services were $23.6 million compared to $10.0 million, representing a
        136 percent increase over the same period last year due to the
        increased activity in the Gulf Coast region and the acquisition by HSR
        of Louisiana, a wholly-owned subsidiary of the Company, of the assets
        of FERS.

     *  Rebuilding/Remodeling revenue for the six-month period was
        $19.8 million from continuing operations, compared to $12.0 million in
        the year-ago period.  The growth was attributable to an increase in
        sales from increased demand by its primary customers.

     *  Operating income for Recovery/Restoration increased to $9.0 million
        from $1.8 million.  Operating margin for Recovery/Restoration improved
        to 38.1 percent from 18.3 percent.  Operating income for
        Rebuilding/Remodeling increased to $3.5 million from $2.7 million.
        Operating margin improved to 17.7 percent from 13.4 percent.

    Outlook
"While we are pleased that revenues and margins improved in the second quarter, we are more excited that the funding for numerous projects associated with post-Katrina rebuilding is well under way. Previously these projects were hampered by Federal funding and political obstacles," said Fradella. "These projects began in the second quarter and continue to accelerate rapidly going into the second half of the year as we expected and previously announced. We are already seeing signs of additional revenue growth in this segment, and anticipate a very busy second half of the year in meeting the demands of this region.

"We are pleased with the improvements made to our balance sheet, including strengthening of our cash position, collection of receivables and reducing debt, enabling the company to execute its planned strategy of making accretive acquisitions such as Fireline Restoration.

"Fireline Restoration will help us in meeting the tremendous demands of the Gulf Coast region affected by last year's storms and broaden our geographic reach into the Mid-Atlantic region. We believe that increased opportunities with potential new customers will assist us with our growth objectives beyond this year. In addition, we will invest in infrastructure improvements that will effectively combine all of the recovery and restoration businesses under one management team. This should result in operating efficiencies across the entire operating segment. Overall, the outlook for the balance of the year remains very positive," continued Mr. Fradella. "We believe we are on target to meet our financial objectives for the balance of this year. We remain committed to our previous guidance of revenues in the range of $160 million to $165 million for the full fiscal year, and diluted earnings per share of $0.56 to $0.60."

[Terliso]

Gap up tomorrow, Basonista

[basonista]

Gap up tomorrow, Basonista

I just hope it won't be another sell the news day.  Great conference call, though.  These guys are really getting ready to rock with the Hurricane Katrina cleanup and repair starting to get funded.  Exciting times for anyone that can hold on tight. 

[basonista]

Well, what can you say?  HSOA is set to go negative on a great earnings report, just like GIGM did a few days ago.  And now stocklemon strikes again.  WTF!?!