ANGN

[Michael]

Hi Jimbo and Shawfund,

From your messages I assume that you agree that ANGN has significant potential. Having that in mind I find the fact that 20 000 shares can move the share price significantly quite appealing.

Mike

[Lucas Scott]

It's nice to be able to wait for volume but if/when significant volume arrives you usually have to pay a significant premium. For comparison purposes, see FORD chart below from Nov 04 - Feb 05.

I'm in at 4.05 as of last Friday.

[stocky]

Bought today.

Goodluck all.

[Terliso]

Let's get it on!!!!!

[shawFund]

What I see ANGN:

  It is in bullish break-out pattern.

  But I will pass it due to low volume.

  Right now the market is still quite bullish and there are many better stocks to own, specially semi and tech stocks such as:

  CRAY, ATML, ONNN, RFMD, LTXX, VTSS, BRCD, ARBA, BBC.

[la-onda]

fyi:
ANGN: Short Interest UP 1516.9% to 6.4K in Jan 2006
Thursday , January 26, 2006 06:00 ET

According to new short interest data from NASDAQ, short interest for Angeion Corporation (NasdaqSC: ANGN) INCREASED 1516.9% to 6,419 shares for the month ended mid-January, 2006.

SYMBOL    DECEMBER         JANUARY    CHANGE    %CHANGE  DAYS/COVER
--------   -------------   -------------   -------------  ------------  ----------
ANGN             397           6,419          +6,022     +1516.88%           1

Based on ANGN's 20-day average daily share volume of 95,528, it would require approximately 1 day(s) of buying to cover this short interest.

[David Randolph]

fyi:
ANGN: Short Interest UP 1516.9% to 6.4K in Jan 2006
Thursday , January 26, 2006 06:00 ET

According to new short interest data from NASDAQ, short interest for Angeion Corporation (NasdaqSC: ANGN) INCREASED 1516.9% to 6,419 shares for the month ended mid-January, 2006.

SYMBOL    DECEMBER         JANUARY    CHANGE    %CHANGE  DAYS/COVER
--------   -------------   -------------   -------------  ------------  ----------
ANGN             397           6,419          +6,022     +1516.88%           1

Based on ANGN's 20-day average daily share volume of 95,528, it would require approximately 1 day(s) of buying to cover this short interest.

Well, its is still just 6,416 shares short 

I agree with Michael, volume isn't a problem if one has a strong fundamental case on the stock. That's because with a strong fundamental case you won't be trading on technical signals up and down. You'll just wait for the market to recognize the value, no matter what the short term share price is.

I have a strong fundamental case on ANGN, so I'll continue holding and waiting.

[David Randolph]

Still no news and no movement on ANGN. Just to remind us, I leave here the company's guidelines for 2006:

«Young went on to state that Angeion's corporate business goals for 2006 included:

-- A fourth consecutive year of double-digit year-over-year revenue
       growth;
    -- Introduction of new cardiorespiratory diagnostic products;
    -- Continuation of the expansion of our domestic and international sites
       offering New Leaf Active Metabolic Assessments;
    -- Expansion of the New Leaf products for weight management, exercise and
       athletic performance;
    -- Continuation of efforts to recover the ELA Medical settlement costs and
       related expenses from the insurance carrier; and
    -- A drive toward achieving and sustaining profitability.»

Just $15.27M in market cap and profitable. Patience will pay on ANGN. I'll continue holding.

[David Randolph]

Nothing happened that could change my opinion on ANGN. I'll continue holding the stock, still expecting a bullish breakout of the $4.63 resistance level.

[Lucas Scott]

Weird open today. Right after it opened it dropped into a 3.50-3.70 trading range for a brief time and then popped back up. Very odd behavior. I will chalk it up to ANGN being so lightly traded.

[tokyopua]

Weird open today. Right after it opened it dropped into a 3.50-3.70 trading range for a brief time and then popped back up. Very odd behavior. I will chalk it up to ANGN being so lightly traded.

I saw that too, real time.  It was dropping so fast on my screen I found myself thinking there was some bad news and I was pretty sure I would be selling within a minute or so after reading about dillution or something like that.  I didnt find any negative news so fortunately held on and the stock rebounded.  But yeah, pretty wierd and alarming there for awhile.   Kind of like the opposite of that wierd open in DIET the other day, though I wish that one hadnt ended...

[David Randolph]

Weird open today. Right after it opened it dropped into a 3.50-3.70 trading range for a brief time and then popped back up. Very odd behavior. I will chalk it up to ANGN being so lightly traded.

I saw that too, real time. It was dropping so fast on my screen I found myself thinking there was some bad news and I was pretty sure I would be selling within a minute or so after reading about dillution or something like that. I didnt find any negative news so fortunately held on and the stock rebounded. But yeah, pretty wierd and alarming there for awhile. Kind of like the opposite of that wierd open in DIET the other day, though I wish that one hadnt ended...

Yes, big movements on ANGN on just 37,800 shares traded. I own this stock due to fundamentals, not technicals.

Perhaps we'll need another quarterly earnings release for ANGN to attract attention and make another 50%  move on the upside. I'm more than willing to wait ...

[David Randolph]

We had some news yesterday that may spark interest in ANGN today: Angeion Corporation Announces Release of the New Leaf EnergySmart(TM) Online Nutritional Health & Tracking Program

This is really an interesting company, taking personal health management into a new level.

Fundamentally we know it is very undervalued (market cap is just $13.82M) so it is just a matter of time for investors to take it higher.

[David Randolph]

Well, just 13,200 shares traded yesterday, but it rose 6.79%  There are only 3.61 million shares outstanding so that explains a lot (it also tells us the company isn't selling many shares in the open market, it can't !).

$4.63 is so close on the chart, isn't it? Just one more push and ANGN will be in all time high territory. I bet that then everybody will try to jump on board and the share price will explode higher, because there are just a few shares available.

[David Randolph]

Unfortunately ANGN is still trading in the $3.40 - $4.63 range. Perhaps it will attract investor's attention only when it reports 1st quarter earnings (calendar November, December and January), but I don't expect that before April.

Anyway, the company posted 9 cents of net profit per share in the fiscal 4th quarter. If that can be sustained (I believe it can) the company will earn 36 cents in full year 2007 and the earnings multiple would be 10.2, which is attractive for a company growing revenues at double digits.

Also net margin is still just 4.48%, I believe the company will improve this as revenues grow.

I'll continue holding ANGN.