Put CNBC on for about 10 minutes, but had to turn it off - those politicians drive me nuts!
How about trying to help the economy or better understand what the fed is trying to do instead of just making political points? Or better said, do your job instead of making a TV appearance.
i still have to wonder why STM is trading so poorly if it has the iPhone as a customer but maybe i'm reading into it too much. of the stocks i've looked at that have a $500 Million market cap or better, the two fastest growing companies in the market in terms of revenues over the past 3 years are INVN and FIO. and both are down 50%+ from highs.
"The two fastest growing companies in the market in terms of revenues over the past 3 years are INVN and FIO. and both are down 50%+ from highs."
Hmm, I don't want to be a Debby downer or stupid about this but what could possibly be a reasonable explanation for such a slide? I have to wonder why the slide(unknown), throw my perhaps self-destructive and totally incorrect belief big boys do their best to deceive(unfounded) in this mix and you've got unknown and unfounded reasons for the slide.
UUUggggghhhh, I can be really dumb sometimes, I freely admit I'm no genius.
OPTT, here is one you guys and dolls might like since its a small cap.
Review of Fiscal 4Q12 Results New agreement with Lockheed Martin, and progress on LEAP buoys Earlier this week, OPT signed an agreement with Lockheed Martin to accelerate its 19 MW project in Australia. While this is a positive development, add’l funding is still required (OPT has an A$66.5m grant for ~30% of the total project, contingent on securing additional financing). Mgmt expects the LMT relationship will add credibility while seeking funding. Separately, testing of OPT's LEAP autonomous buoys exceeded expectations, and management seems optimistic about opportunities to commercialize this product for military/security, Oil & Gas, and desalination applications. $33 million of cash and equivalents at end of FY12 Cash declined ~$15m during FY12, although OPT expects lower cash burn in FY13. Given ~2+ years of cash remaining at recent burn rates, OPT is aggressively pursuing commercialization of the smaller LEAP buoys which have shorter sales cycle times, identifying potential strategic partners, and evaluating various funding sources (e.g. project financing, SPVs). While mgmt appears confident in OPT’s ability to turn cash flow positive before exhausting its cash, we will be watching this issue closely. 4Q loss of $4.1m ($0.40/sh) vs. loss of $5.3m in 4Q11 and $2.2m in 3Q12 Sales of $1.4m declined from $1.9m in F4Q11 (project timing), but rose from $0.9m last quarter. Backlog of $6.8m compares to $7.8m last quarter and $8.9m last year. Valuation: Maintain $10 Price Target Our 12-month PT is based on a DCF analysis (using the UBS proprietary VCAM model) that assumes a WACC of 15%, a 3% terminal growth rate, and a roughly 40%-50% sales CAGR over the 15-year growth period.
"Hmm, I don't want to be a Debby downer or stupid about this but what could possibly be a reasonable explanation for such a slide? "
CP - I could explain it to you but to be honest it can be any variety of reasons...traders will pin it on something or other but in the short term it could just be something as simple as the momentum crowd left. again look at all of the high fliers over the past couple decades...every single one of them had major sell offs at some point. people pointed to some "fundamental" factor but in actuality it was probably just as simple as it fell out of favor with traders. at some point you either believe in the story of the company or not and if so then just pick a spot to buy. DECK has an awful backdrop behind it and most likely their Uggs are fading in popularity. but if you believe that isn't the case then really i guess it comes down to finding a comfy spot to buy it at.
Give us a hint, don't leave us hanging!!! ;)
ReplyDeleteFiscal cliff and euro economy - Two headwinds Bernanke highlighted this morning.
ReplyDeleteINVN - SOB reversed to the upside.....
ReplyDeleteBeard - The economy has slowed
ReplyDeleteNOKer.
ReplyDeleteIt'll bottom somewhere, how about $1 ?
DeletePAAS - Cheaper everyday.
ReplyDeleteDMND - bottomed at $17 ?
ReplyDeleteTBF - I love this ticker symbol
ReplyDeleteF - Auto sales - If auto sales are strong, then why is Ford struggling?
ReplyDeletePerhaps this is near bottom? Looks like great entry to me, no upside?
If's and buts, candies and nuts...
The natural foods plays are taking a hit today...maybe they FINALLY topped? SNAK, REED, SMBL, WFM, TFM...
ReplyDeleteYHOO @ 15.49
ReplyDeleteFB @ 27.37
let's just get the pretension over with and move higher.
ReplyDeleteMark can fill us in on the benefits of pre-stressed concrete?
DeletePut CNBC on for about 10 minutes, but had to turn it off - those politicians drive me nuts!
ReplyDeleteHow about trying to help the economy or better understand what the fed is trying to do instead of just making political points? Or better said, do your job instead of making a TV appearance.
Making TV appearances is their job!
DeleteWho's paying these guys to read the script?
DeleteINVN and DECK have the two best charts out of the ones I'm following.
ReplyDeletePALL - Good day to buy? Looks like it.
DeleteCP > if you can get past the fact that it's from Fool, one of the worst investment websites in the world, here's an interesting quick video on INVN:
ReplyDeletehttp://www.fool.com/investing/general/2012/07/10/1-stock-to-play-global-technology-growth.aspx#.UAWT4sxVsXw
i still have to wonder why STM is trading so poorly if it has the iPhone as a customer but maybe i'm reading into it too much. of the stocks i've looked at that have a $500 Million market cap or better, the two fastest growing companies in the market in terms of revenues over the past 3 years are INVN and FIO. and both are down 50%+ from highs.
"The two fastest growing companies in the market in terms of revenues over the past 3 years are INVN and FIO. and both are down 50%+ from highs."
DeleteHmm, I don't want to be a Debby downer or stupid about this but what could possibly be a reasonable explanation for such a slide? I have to wonder why the slide(unknown), throw my perhaps self-destructive and totally incorrect belief big boys do their best to deceive(unfounded) in this mix and you've got unknown and unfounded reasons for the slide.
UUUggggghhhh, I can be really dumb sometimes, I freely admit I'm no genius.
OPTT, here is one you guys and dolls might like since its a small cap.
ReplyDeleteReview of Fiscal 4Q12 Results
New agreement with Lockheed Martin, and progress on LEAP buoys Earlier this week, OPT signed an agreement with Lockheed Martin to
accelerate its 19 MW project in Australia. While this is a positive development, add’l funding is still required (OPT has an A$66.5m grant for ~30% of
the total project, contingent on securing additional financing). Mgmt expects the LMT relationship will add credibility while seeking funding. Separately,
testing of OPT's LEAP autonomous buoys exceeded expectations, and management seems optimistic about opportunities to commercialize this
product for military/security, Oil & Gas, and desalination applications.
$33 million of cash and equivalents at end of FY12 Cash declined ~$15m during FY12, although OPT expects lower cash burn in FY13. Given ~2+
years of cash remaining at recent burn rates, OPT is aggressively pursuing commercialization of the smaller LEAP buoys which have shorter sales
cycle times, identifying potential strategic partners, and evaluating various funding sources (e.g. project financing, SPVs). While mgmt appears
confident in OPT’s ability to turn cash flow positive before exhausting its cash, we will be watching this issue closely.
4Q loss of $4.1m ($0.40/sh) vs. loss of $5.3m in 4Q11 and $2.2m in 3Q12 Sales of $1.4m declined from $1.9m in F4Q11 (project timing), but rose
from $0.9m last quarter. Backlog of $6.8m compares to $7.8m last quarter and $8.9m last year.
Valuation: Maintain $10 Price Target Our 12-month PT is based on a DCF analysis (using the UBS proprietary VCAM model) that assumes a WACC
of 15%, a 3% terminal growth rate, and a roughly 40%-50% sales CAGR over the 15-year growth period.
And the 50% retrace is complete, to boot.
DeletePower buoys are a really interesting idea, as are tidal current driven turbines.
DeleteEuro Trash
ReplyDeletehttp://barrons.wsj.net/public/resources/images/BA-AZ261C_Euro__G_20120714005111.jpg
Leaves me with thoughts of hanging out on a Yacht in the Mediterranean with my very own petite french chick.
Delete50% - Come to think of it, there are an entire host of tickers with ~50% drops......
ReplyDelete"Hmm, I don't want to be a Debby downer or stupid about this but what could possibly be a reasonable explanation for such a slide? "
ReplyDeleteCP - I could explain it to you but to be honest it can be any variety of reasons...traders will pin it on something or other but in the short term it could just be something as simple as the momentum crowd left. again look at all of the high fliers over the past couple decades...every single one of them had major sell offs at some point. people pointed to some "fundamental" factor but in actuality it was probably just as simple as it fell out of favor with traders. at some point you either believe in the story of the company or not and if so then just pick a spot to buy. DECK has an awful backdrop behind it and most likely their Uggs are fading in popularity. but if you believe that isn't the case then really i guess it comes down to finding a comfy spot to buy it at.
All sharp drops in SLV are getting bought over the past month. Big Boys are building up positions for the next leg up...
ReplyDeleteINVN - $10.12 is today's focus price, looking good so far...
ReplyDeleteIncreased the FB position by another 50% at 27.24, and offed the whole enchilada @ 28.11...
ReplyDeleteYou might need a new handle, perhaps Mr. Stiletto?
DeleteThis market is absolutely brutal man. i've seen so many stocks pop and immediately reverse the pop its sickening.
ReplyDeleteNo chit.
DeleteWFR - Seems like all metals producers will remain in their permanent state of funk until further notice.
ReplyDeleteNLY - F'n-A, this thing's back over $17 now.....
ReplyDelete$10 says GOOG gives up the ghost...closes red.
ReplyDelete.28%???
Deletef*cking thing is all over the place today.
DeleteWTF is up with the china internet stocks:
ReplyDeletehttp://finance.yahoo.com/quotes/BIDU,CTRP,NTES,SOHU,YOKU,RENN,DANG,JOBS
jeebus.
YOKU looks interesting for a trade at $14. that will probably last 2 hours though.
DeleteALU...Good lord...
ReplyDeleteguiding going to miss earnings
Deleteso much for the cube that was going to change the world.
It was one hell of a presentation though!
DeleteXYL IS AT AN ATTRACTIVE LEVEL
ReplyDeleteLONG
of course big blue is pointing down
Deletejust hurry up and stop me out of INVN already. another $0.35 on the close should do it.
ReplyDeleteEBAY was suppose to go to 48 on the B/O Oops.
ReplyDeleteAt least Illini's gasfrac is hot.
Opening INTC @ 25.25...
ReplyDeleteTC - Down another (merely) 6% today...
ReplyDeleteBeautiful day in the neighborhood! ;)
ReplyDeleteYHOO closed @ 15.70
ReplyDeleteINTC closed flat
Seeing how INTC is trading after hours makes me think GOOG will rocket higher and jack the indexes up on the 19th.
ReplyDeleteMMR- That must have been one hell of a CC.
ReplyDeleteLooks like someone knew at least a month ago.
DeleteAre you a perma-bear?
ReplyDeletehttp://stockcharts.com/c-sc/sc?s=%24COMPQ&p=W&yr=14&mn=0&dy=0&id=p42539441839&a=258677702&r=766
Oh, good post!
DeleteYep, definitely better than the led post.
DeleteAnd notice the inverse H&S pattern target happens to coincide with the trendline.... hmmm...
DeleteDid you guys catch CALPER's last 12 months return was 1%?
ReplyDeleteThe next new post is up.
ReplyDelete