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PTT

Started by kpunarc, December 21, 2006, 10:02:49 AM

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kpunarc

PTT
I've been tracking PTT for a while now and wondering what kind of upward potential it has. It has broken out in mid-November and has been trending upwards since. It seems to be creating an ascending triangle pointing towards $4.50 with another possible breakout like it did in November. Volume has been up and strengthening. What do you guys think?
"October is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February."
- Mark Twain

kslifka

Quote from: kpunarc on December 21, 2006, 10:02:49 AM
I've been tracking PTT for a while now and wondering what kind of upward potential it has. It has broken out in mid-November and has been trending upwards since. It seems to be creating an ascending triangle pointing towards $4.50 with another possible breakout like it did in November. Volume has been up and strengthening. What do you guys think?

PTT has been on fire.  I got partially filled a couple weeks ago and it keeps moving along.  Another 52week high today. ;D

kpunarc

what do you think is a good target price and why?
"October is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February."
- Mark Twain

kslifka

Quote from: kpunarc on December 21, 2006, 11:27:19 AM
what do you think is a good target price and why?

I couldn't tell you what a price target would be with PTT.  I only have a few hundred shares from a partial few so I haven't really been paying attention, but maybe I should have been paying attention because it's up nicely. :D

Just letting it run with volume high and everything else in place, just let it run I guess. :-*

kslifka

PTT keeps going on historically high volume.  9ema seems to be supplyig support for this little company. ;D

kslifka

What do you know another great day for PTT.

The key  VOLUME and the 9ema. ;)

kslifka

PTT tagged the 9ema and now headed for a G-breakout. ;D

This one has been steadily up since news regarding mergers.

http://biz.yahoo.com/bw/061115/20061115005900.html?.v=1

VCG Holding Corp. Retains Consulting Firm to Analyze Mergers and Acquisitions
Wednesday November 15, 1:40 pm ET

DENVER--(BUSINESS WIRE)--VCG Holding Corp. (AMEX: PTT - News), a leading consolidator and operator of adult nightclubs, announced today the signing of a consulting agreement with Montgomery Street Research, LLC ("Montgomery"), dated November 14, 2006. Under this three-year agreement, Montgomery will assist VCG in strategic planning for potential mergers, acquisitions, and strategic relationships as well as distribution of research reports to the broker-dealer and investment community. Specifically, Montgomery will assist VCG in studying the feasibility, fairness and valuation of the previously obtained "first right" to purchase six adult nightclubs currently owned privately by VCG's CEO and Chairman, Troy Lowrie. Donald Prosser, Chief Financial Officer of VCG stated, "We believe that having Montgomery Street Research's expertise would greatly enhance our company's acquisition research and analytical capabilities and will be particularly beneficial in VCG's evaluating the potential accretive value of additional nightclubs to its current business."

ADVERTISEMENT
About VCG Holding Corp.

VCG Holding Corp. is an owner, operator and consolidator of adult nightclubs throughout the United States. The Company currently owns seven adult nightclubs, one upscale dance lounge and operates six other adult nightclubs under management agreements. The owned and managed clubs are located in Indianapolis, St. Louis, Denver, Colorado Springs, Phoenix, and Louisville.




kslifka

Just another walk in the park for PTT ;D

kslifka

You just have to love this kind of stock.  Steady climber above the 9ema. ;D  Hit 5.95 this morning.


kslifka

Still Going.  Chart much like MSI ;D

Guidance out for 2007 and beyond. 

VCG Holding Corp Announces Earnings Guidance for 2007, 2008, and 2009
Business Wire - January 10, 2007 16:12

DENVER, Jan 10, 2007 (BUSINESS WIRE) -- VCG Holding Corp. (AMEX: PTT), a leading consolidator and operator of adult nightclubs, announced today its earnings guidance for its fiscal years ending December 31, 2007, 2008, and 2009. The estimated total consolidated revenue for the fiscal year ending December 31, 2007 is $40.8 million, the estimated total consolidated revenue for the fiscal year ending December 31, 2008 is $66.3 million, and the estimated consolidated revenue for the year ending December 31, 2009 is $92.0 million. The Company estimates that the fiscal year ending December 31, 2007 net income to be $8.6 million, or $0.50 per share, estimated net income to $13.2 million, or $0.72 per share, for the fiscal year ending December 31, 2008, and estimated net income to $18.2 million, or $0.97 per share, for the fiscal year ending December 31, 2009. The estimated net income for the year ending December 31, 2007 includes income tax expense lower than the normal rate because of net operating loss carry forwards and tax credits forward and the affect of these factors is approximately $0.12 per share. The Company also estimates its income from operations to be $11.7 million for the fiscal year ending December 31, 2007, estimates its income from operations to be $22.2 million for the fiscal year ending December 31, 2008, and estimated income from operations to be $29.7 million for the same period of 2009. Net operating cash flow, defined as income from operations plus depreciation and amortization, is estimated to be $13.0 million for the fiscal year ending December 31, 2007, $24.2 million for the fiscal year ending December 31, 2008 and $32.5 million for the fiscal year ending December 31, 2009.

The Company's estimates are based on management's budgets and estimates for its eight owned clubs, and the five managed clubs being acquired in 2007. We have assumed that we will acquire the clubs in Chicago and Minnesota that have letters of intents and expected to be purchased in the first quarter of 2007 and two other acquisitions in 2007. The estimates for 2008 are based on management's budgets and estimates for the 2007 clubs and acquisition plans for five additional club purchases in 2008; and, the estimates for 2009 are based on management's budgets and estimates for the 2008 clubs and acquisition plans for five additional club purchases in 2009. Other factors that could impact these earnings estimates could include and are not limited to our ability to complete the planned acquisitions, convert the minority interest owners, obtain satisfactory financing, and obtain the expected grow rate in our existing clubs.

kslifka

Ta da.  Half out pre-market at 7.49.  Over 100% gain.

I love these type of stocks ;D

kslifka

PTT is exploding. :o

kslifka

Now that's bull power.   >:D I couldn't resist picking up some off the drop and bounce during the day.

kslifka

Why did I ever sell PTT??  Afraid of profits...I guess. :'(

Kupnarc who started this thread is the only one besides myself that responded to PTT.   I don't get it.  Why is everyone looking at these "has been stocks"...GNBT's SIGA's....the KRY's and the NXG's of the stock world to make a few small % gains.

It shouldn't be so hard.  We've got some new blood"stocks.  MSI...APAC...SMD.

ramlau

Another one that keeps getting bought. Never underestimate the power of irrational exuberance.

Ram