PICKS
DETAILS
PANGLOBAL BRANDS INC OTCBB: PNGB
4/23/08 $1.20
Read below and you will see that the CFO of PNGB is Charles Lesser, the former TLRG CFO.
I have been investing in PNGB for almost 1 year and they won't hire me to tell you this story. I decided this is to good to pass up and will make this a free pick. PNGB owns the MYNX jeans brand which is getting rave reviews http://www.mynkbrand.com/press.asp They are also selling the other Apparel lines like crazy. read this PR http://biz.yahoo.com/bw/080410/20080410005580.html?.v=1
Do your own DD but they just raised more money at .80 a share. This is restricted stock and it is only 2 Million worth. There are 29 Million shares outstanding to date.
http://www.panglobalbrand.com/
We found the next TRLG ( True Religion) . TRLG was a OTCBB stock at one time.. Check out that chart.
HAUTEUR MYNK-Hauteur Mynk is a trademarked brand name selling premium denim jeans, skirts, dresses and shorts. All of the sales through September 30, 2007 have been sales of Mynk denim. Mynk is currently sold at Saks Fifth Avenue and approximately 100 premium boutiques throughout the U.S. Mynk products are manufactured in Los Angeles using Italian denim fabric. The product's image is a low-rise, soft, sexy look perfect for evening wear and is available for both women and men. The retail price point ranges from $200-240 for denim bottoms.
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Competition is strong from larger companies including Seven, True Religion, Paige Denim, Citizens for Humanity, Rock and Republic, etc.
NELA-Nela designs, merchandises and sells women's better dresses using Italian prints and related fabrics. The dresses are manufactured under contract in Asia and a royalty fee will be paid to the Italian fabric manufacturer. There have been no sales of Nela dresses to date; however, there is a backlog beginning February 2008 extending through May. Nela will be sold through high-end department stores and boutiques catering to a contemporary woman 30+ years old. Retail prices points range from $280-400 and competition includes well-known designers such as Diane von Furstenburg, Marc by Marc Jacobs, Rozae Nichols, Milly, Tibi, etc. TEA AND HONEY-Tea and Honey designs, merchandises and sells women's mid-priced contemporary dresses. Tea and Honey is a more casual look for women ages 22-35 with a vintage feel easily convertible for wear by the working woman by day and for evening wear, as well. Tea and Honey products are expected to commence sales after May 2008 and will be manufactured in Asia. Prospective retail customers include Federated department store chains and stores such as Anthropologie, etc. Competition includes Velvet, Ella Moss and A Common Thread.
SOSIK-Sosik designs, merchandises and sells junior t-shirts, dresses, skirts and knit and woven tops and other apparel and is manufactured in Asia. Junior apparel includes clothing for girls ages 14-22 as well as products for children ages 6-14. There have been no sales of Sosik or private label junior products to-date; however, a significant backlog exists with shipments commencing late January, 2008 extending through April. It is anticipated that greater than 50% of our revenue for our fiscal year ending September 30, 2009 will be from Sosik and junior products. Customers included in our sales backlog include Charlotte Russe, Forever 21, Wet Seal, Guess, Ross and Limited Too.
Oct-2007
Change in Directors or Principal Officers
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers
On October 22, 2007 we appointed Charles Lesser as our chief financial officer.
From September 1. 2003 to March 26, 2007, Charles Lesser was the Chief Financial Officer of True Religion Apparel, Inc. and its wholly-owned subsidiary, Guru Denim Inc. From March 27 to September 26, 2007, Mr. Lesser continued to work with True Religion as a consultant. From March to August of 2003, Mr. Lesser was Acting President and a Director of Alpha Virtual Inc., a software development company listed on the OTCBB. From 1997 until 2002, Mr. Lesser was Chief Financial Officer and a Director of CBCom, Inc., an internet service provider whose common shares were quoted on the OTCBB. Mr. Lesser holds a B.A. degree from the University of Pittsburgh and a M.B.A. degree from the University of the Witwatersrand.
Fair Disclosure: we own pngb bought in the open market at lower prices then $1.20
General Motors Corporation (GM)
3/11/08 Close $21.77
How can't you like GM here? HIgh gas prices, slowing economy, unemployment up. Not many are buying cars and a major supplier american Axle is on strike shutting down almost 20 GM plants for over a week. Today GM said the inventory level has not been affected since they are selling less anyway. So with all the headlines on the strike, GM is saving money by having those plants shut down. This is a 5 year chart. Good times and bad, GM has the right price at the wrong time. We are long GM.
Splits:29-Mar-89 [2:1]
|
|
| Last Trade: |
21.77 |
| Trade Time: |
4:04PM ET |
| Change: |
 0.88 (4.21%) |
| Prev Close: |
20.89 |
| Open: |
21.91 |
| Bid: |
N/A |
| Ask: |
N/A |
| 1y Target Est: |
33.60 |
|
|
|
| Day's Range: |
20.75 - 22.00 |
| 52wk Range: |
20.74 - 43.20 |
| Volume: |
23,914,157 |
| Avg Vol (3m): |
16,050,800 |
| Market Cap: |
12.32B |
| P/E (ttm): |
N/A |
| EPS (ttm): |
-68.431 |
| Div & Yield: |
1.00 (4.60%) |
|
|
Splits:29-Mar-89 [2:1]
|
ReneSola Ltd. (SOL)
3/3 $9.89
This is a recent IPO, which priced itself on January 29 at $13 per ADS share. The float for it is just 10 million shares.
Some background on SOL:
---------------------------------
ReneSola, Ltd., through its subsidiaries, engages in the manufacture and sale of solar wafers and related products in the People's Republic of China. It offers feedstock, ingots, and wafers for the solar industry. The company sells solar wafers to Chinese and international PV cell manufacturers. The Jiashan, Zhejiang company supplies thin sheets of crystalline silicon to customers including JA Solar (JASO), Motech, Solarfun (SOLF), and Suntech Power (STP). SOL primarily offers 125 mm by 125 mm monocrystalline wafers and in Q2 2007 began offering 156 mm by 156 mm monocrystalline wafers. As part of its expansion plan, SOL began producing multicrystalline wafers in Q3 2007. Solar power products that use monocrystalline cells generally yield higher conversion efficiencies. On the other hand, multicrystalline wafers are less expensive to produce and have less stringent raw material requirements. By producing multicrystalline wafers, SOL expects to realize cost synergies by utilizing some of the silicon materials reclaimable from its monocrystalline wafer production. SOL operates one of the largest solar wafer manufacturing plants in China. The co has annual ingot manufacturing capacity of 378 MW. The co plans to increase that to 645 MW by the end of 2008. The co differneitates itself by using proprietary technology to manufacture solar wafers primarily from reclaimables such as broken wafers and broken cells that are difficult to process but less expensive. SOL believes this is a major cost advantage over many of its competitors who rely on virgin polysilicon sourced from the spot market. SOL says its solar wafers are comparable in quality and performance to those made from virgin polysilicon. SOL has grown quickly since it began making solar wafers in 2005. The co is profitable and posted revs of US$152.9 mln for the 9 mos ended Sep 30, up 194% yr/yr.
SOL is the CHEAPEST solar play out there based on PE ratio. Current earnings run rate of about $1 per share (based on Q4 2007 projections of $.23 - $.27) an should earn $2 per share in 2008. If SOL had same forward PE as JASO it would be valued near $60!
http://www.renesola.com/grow.aspx?action=4
Cash and inventories at about $4 per share (ADS).
SOL fair value = $4 + 30 PE X $1 current earnings run rate = $34
I think that when SOL gets noticed by the bigger players, it has a good chance to run into the $18-20 area. This company went public when the markets were not in a good mood with the solar stocks. But in recent days with the great earnings of FSLR and SPWR, these stocks are again starting to flourish.
Take a look at charts of JASO, AKNS, SOLF, STP, YGE and ASTI. Notice how they “suddenly exploded” upwards? I have a feeling that SOL will be doing this sometime very soon. With a float of only 10 million shares, this stock can move very fast.
Fair Disclosure: We are long SOL.
Six (6) MONTH Stock Chart
Fair disclosure: We are long YHOO
Finlay Enterprises Inc. (FNLY)
Arthur E. Reiner, Chairman and Chief Executive Officer of Finlay Enterprises, Inc. commented, "Although our same store sales performance in the third quarter was lower than we originally anticipated, we believe we are well positioned for the all-important holiday season. Our team is focused on achieving a successful fourth quarter in our core business. We are encouraged by the ongoing growth of our specialty jewelry stores and by our continued comparable store sales growth, especially given the challenging retail environment. We are pleased with the closing on November 9 of our acquisition of Bailey Banks & Biddle, which we anticipate will be accretive to earnings in the fourth quarter, and look forward to the integration of their operations into Finlay. The acquisition significantly expands our presence in the luxury jewelry market which remains one of the most attractive segments of the jewelry industry."
Six (6) MONTH Stock Chart
Fair disclosure: We are long YHOO
YHOO (Yahoo! Inc). (YHOO)
Maybe we should call them Microhoo! That was the big rumor in 2007. Microsoft would buy YHOO. To compete against GOOG, it should happen this year. Either way
Yahoo Japan, of which Yahoo owns a third, is worth $25 billion, putting Yahoo’s stake in it at nearly $9 billion. Alibaba.com, a Chinese e-commerce company in which Yahoo directly owns a 10 percent stake, is worth $17 billion. Tack another $1.7 billion on. That figure doesn’t include Alibaba.com’s parent company, Alibaba Group, which runs Yahoo China and in which Yahoo owns a currently illiquid 40 percent stake. Estimates of its value are running between $8 billion and $16 billion. Yahoo has other investments like G-Market. Add it up, and you realize that Yahoo’s wholly owned operations in America and Europe are valued by the market at next to nothing, especially compared to the multiples other Web companies are getting.
So why is the stock down so much? What fund wants to show they own YHOO at year end instead of GOOG,RIMM,AAPL,BIDU... They sold out and should buy back at the begining of the year. 2008 is the year of YAHOO!
Six (6) MONTH Stock Chart
Retail
Maxcom Telecom Sab De Cv (MXT)
This was an article written the day of the IPO in October.
Despite a tough market Friday, Maxcom Telecommunications (NYSE: MXT) pulled off a successful IPO. The offering price came at the top of its $15.50-$17.50 price range and the shares are trading about $18.70. The company raised about $200 million.
Maxcom is a telecom services provider based in Mexico. From 2002 to 2006, the company’s voice lines went from 125,231 to 269,598. What’s more, the churn rate declined from 3% to 1.6% (which is always a good sign in the tough telecom space — and is an indication of strong customer service).
It also helps that Maxcom continues to innovate. For example, there are VOIP services and even Internet Protocol Television. Then gain, the company operates its own network as well as the proverbial “last mile” premise level infrastructure (which is certainly a powerful competitive advantage).
And the growth has been fairly strong. Last year, revenues came to $155.4 million, whereas revenues for the first half of 2007 have already reached $99.7 million. Although, the company is still losing money.
And it looks like the growth should continue for the long-haul. Mexico’s population is growing and so is its middle class. More importantly, the telecom market – such as for voice, data, mobile and so on – is underserved in terms of penetration rates.
We picked MXT a few month back after the IPO at $17.50.http://www.shazamstocks.com/picks-detail.php#96 This has fallen on very low volume. Think its being shorted?
MXT: Short Interest UP 6.3% to 543.1K in Mid Dec 2007
Thursday , December 20, 2007 19:51ET
According to new short interest data from NYSE, short interest for Maxcom Telecommunicaiones SAB de C (NYSE: MXT) INCREASED 6.3% to 543,080 shares as reported in mid-December, 2007.
We watch level 2 all day and watch the short hit the bid on very little volume. Easy to do when no one is paying attention, but what happens when the company starts putting out press releases and wall street starts coverage?
Six (6) MONTH Stock Chart
Maxcom Telecom Sab De Cv (MXT)
12/18/07 Close $12.85
We picked MXT a few month back after the IPO at $17.50.http://www.shazamstocks.com/picks-detail.php#96 This has fallen on very low volume. Unless this is being shorted, people are losing $$ by selling. I think this is being shorted on a poor market and very little coverage of this stock right now. This won't take much tomove this back up and we are still bullish on MXT.
Six (6) MONTH Stock Chart
Finlay Enterprises Inc. (FNLY)
11/29/07 Close $2.81
This company has been hammered. They lease out space in department stores and sell fine jewelry. They also just bought Bailey Banks & Biddle brand. See this PR The reason for the fall is the earnings forcast on Tuesday. It was poor due to a slow down in retail. The float is only 6.6 million shares. Once the economy turns, this should as well.
One (1) YEAR Stock Chart
YHOO (Yahoo! Inc). (YHOO)
11/12/07 Close $24.78
Time to buy Yahoo! I will be honest. I bought Yhoo right before the Alibaba IPO in China. YHOO owns 40% of the parent company that owns them. Against what so called analyst thought, Alibaba ran 200% the first day. What did they do? Downgrade YHOO. They also started rehashing stories about human rights problems with YHOO giving information to the Chinese gov. years ago. So YHOO makes more money on Alibaba and the stock sells off $10 in a few weeks time? Patrick Byrne at Overstock.com thought he was the only company being shorted and manipulated? Welcome to Yahoo. According to new short interest data from NASDAQ, short interest for Yahoo! Inc (NasdaqNM: YHOO) INCREASED 13.8% to 66,091,347 shares as reported at month-end October, 2007. If you like YHOO at $34 a few weeks ago, maybe you will like it here at $24. We do.
One (1) YEAR Stock Chart
Maxcom Telecomunicaciones, S.A. de C.V. (MXT)
10/22/07 Close $18.25
We closed our short position on PTR for now. Still think it's a long term short. MXT had an IPO on Friday when the market was down big time ,so this stock is still very much under the radar. Developing country Telecom will be a great area to invest in . Mexico still has that growth prospect. Telemex has been the leader in Mexico forever it seems. Now its time for Maxcom to take that business as it raised 200 Mil in the IPO. The will take business away one City at a time.
Maxcom provides telecommunication services to residential and small and medium-sized businesses in four Mexican metropolitan markets, including Mexico City. Its services include local and long-distance voice, data, high speed and dial-up Internet access and Voice over Internet Protocol. Maxcom also offers cable television and mobile voice service through resale and leasing agreements with third parties.
Fair disclosure: We hold a long position in MXT at $18.47
PetroChina Co. Ltd. (PTR) (Short)
10/17/07 Intraday $260
Lets make this an easy email to read.. The outstanding shares make some of the stocks we feature look even more appealing. This stock at $260 has more outstanding then any stock we have featured.
1.7 Billion Shares Outstanding
211 Million in Float
PTR is up $30 a share today or over 50 Billion in market cap. Yes , oil is at an all time high. Yes, this is a China stock. This is a 462 billion dollar company now. This is nuts!
fair disclosue: we own December puts bought in the open market. So we are short.
iMergent (IIC) (Short)
8/22/07 $18.52
So we go short IIG after years of solid uncompensated support and all we get is complaining from the CEO, Don Danks. I am still trying to figure out how there are no other shareholders but institutions? How can they hold over 100% of the float?
I would encourage you to call and talk to me before you say we are running of states to work in. We are in all states (except in CA and NC temporarily) and a dozen international markets. We don't sell a worthless product to desperate people (that's Cuban's line) and have never been found guilty of any wrong doing and have not been fined one dime by any state.
I had respect for you in the past because you did some diligence. Why don't you call me at 949-230-8323 and talk through your assumptions before you put out misinformation like this.
I just had one of largest holders attend a workshop because of concerns about the California issue - and was thoroughly impressed with the professionalism, the product, the sales process, the education provided. We are over 100% institutionally owned and nearly all have attended a workshop, examined our product, talked to customers,etc. I offer you the same opportunity.
Your piece today was exactly like a Stocklemon piece - innuendo and misinformation. I thought you were above that sort of nonsense.
Don Danks
CEO
iMergent, Inc.
Don,
We will pass on the invitation. all I need to do is read this site http://www.storesonlineexposed.com/index.php/Main_Page
This is what Mark Cuban said in his blog a month ago
Are you ready to claim YOUR share of the Billions in Revenue on the internet ?
Jul 30th 2007 7:42PM
That's what invitation from C. R. Sanderson said. Its also the invitation I had been waiting on for a long time.
Why ? Because it came from StoresOnline. StoresOnline is a public company
that i have been short in the past, but currently don't have a position in. I was short the stock of this company because I always believed that it was a company that specialized in ripping off people who didn't know any better with claims of grabbing their "Share of the Billions in Revenue on the Internet"
I wasn't the only one to question their business model. There are a long list of people who are questioning Storesonline and how they treat consumers.
The biggest hurdle that StoresOnline faces, IMHO however, is the battle they have with the state of Utah over whether or not they are a "business opportunity".
Storesonline claims they only sell software. Now personally, i have never received an email from a legit ecommerce software company making the above claim. I haven't read anywhere else but in my StoresOnline invitation how I can " learn how half a million people generate income using the Internet !". Nowhere else do software vendors claim that "Your opportunities to make money are virtually limitless !"
Does that sound like a business opportunity pitch to you ?
Why is that a big deal ? Because from what I've been told, and I dint know all the details, so do your own homework, it looks like Business Opportunities have to register their success and turnover rates with the states. As I understand it, its something to the effect of "what percent of people at least made their money back"
If you have to publish how many customers actually "claimed their share of Internet Billions", that's tough on business if it doesn't work.
Now some may be saying that since I'm in Texas, that its a whole different ballgame. Except that StoresOnline already has had a run in with the State of Texas. They settled with the State, but maybe they couldn't help themselves and had to go after the consumers in this state again.
I guess the best news is, if i call 1-800-373-3090 and give my Reservation ID of U8H-(X6-P, i can get a seat at this "fun, relaxed and informative 90 minute conference" and get a free Lunch or Dinner, a Free Business Organizer, Free Admission and MUCH MORE !"
What a great business opportunity for me, right ?
This is what The Motley Fool's said
Maybe investors should object
But my favorite filing this week comes from e-commerce specialist iMergent (AMEX: IIG). On Friday, the company said it is appealing a California court's order that would force it to file under that state's law governing seller-assisted marketing plans.
It's not the first time iMergent has tangled with California state officials. A deal that included some $550,000 in fines was originally reached last year. Now, according to this 8-K, state officials contend that iMergent didn't abide by the earlier deal. Quoting:
On July 25, 2007, the Ventura County (CA) District Attorney notified iMergent, Inc. (the "Company") by telephone call to its California legal counsel that the State of California and the Ventura County District Attorney filed a complaint, motion for temporary restraining order, and motion for preliminary injunction against the Company. ... The complaint seeks an injunction and penalties based upon alleged violations of the California Seller Assisted Marketing Plans Act (California Civil Code 1812.200-1812.221 "SAMP ACT"), the Unfair Competition Law (California Civil Code 17200), and the Business and Professional Code (California Civil Code 17207.) The action further alleges that the Company failed to abide by the terms of a previous order by failing to register under the Seller Assisted Marketing Plans Act. [Emphasis mine.]
I'd consider this pretty minor stuff if:
(a) A deal hadn't already been reached.
(b) Other states hadn't pursued similar claims (e.g., Indiana, Texas, and Utah).
(c) Executives weren't already being accused of selective disclosure.
(d) iMergent weren't being investigated by the SEC.
But, sadly, all of that is true. Better steer clear of this stock till we know exactly what California's regulators have found.
We have added to our short position. To all those that asked how hard it was to find shares to short... it was easy . With the new rules you can just hit the bid right away.
Countrywide Financial Corp. (CFC)
8/15/07 Close $21.29
The time to buy stocks is when no one wants them. Lets change that to time to buy good a good company in a tough time. Countrywide is the largest mortgage company out there. They fund high quality paper. Yesterday another high quality lender Thornburg Mortgage (TMA) warned of a depleting market in selling mortgage paper. TMA fell over 40% and then rose 40% today after the CEO said there is light at the end of the tunnel.
Before the CEO of TMA said this , the Merrill Lynch analyst downgraded CFC to sell. This is the same guy that reiterated a buy rating Friday when CFC was falling. He mentioned the company could go BK if certain things happened. All the press focused on that manure and CFC sold off over $3. How do you go from a buy to a selling 4 trading days?
CFC will survive this mess and I will still pay them my monthly payment for my home. I have been a bear in this market , but we are closer to a bottom then ever. CFC may fall farther, but the long term upside is nice after falling 50+% this year.
Fair Disclosure: we hold a long position in CFC
Memory Pharmaceuticals Corp. (MEMY)
5/7/07 Close $1.90
Its Been to long since our last stock pick. Although many have been making money trading our profiles, we have found a Biotech that trades on the Nasdaq .
Memory Pharmaceuticals Development Pipeline
Memory Pharmaceuticals Corp., a biopharmaceutical company, engages in the discovery and development of drug candidates for the treatment of central nervous system disorders in the United States. It offers drugs for neurological diseases associated with aging, such as Alzheimer's disease, as well as certain psychiatric disorders, including schizophrenia, bipolar disorder, and depression.
The company's products for the treatment of Alzheimer's disease comprise MEM 1414, a Phase I clinical stage product; MEM 1917, a preclinical completed product; and MEM 63908, a preclinical stage product. It is also developing MEM 3454, a Phase IIa product for the treatment of schizophrenia and/or Alzheimer's disease; MEM 1003, a Phase IIa clinical stage product for the treatment of Alzheimer's disease and bipolar disorder; and PDE10, a preclinical stage product for the treatment of neurological and psychiatric disorders. Memory Pharmaceuticals has collaborations with F. Hoffmann-La Roche, Ltd. and Hoffmann-La Roche, Inc. for the development of its PDE4 inhibitors and nicotinic alpha-7 partial agonists; and Amgen, Inc. for the development of PDE10 inhibitors for neurological and psychiatric disorders. In addition, it has an agreement with The Stanley Medical Research Institute to develop MEM 1003 as a treatment for bipolar disorder. The company was founded in 1997 and is based in Montvale, New Jersey.
Fair disclosure: we own shares bought in the open market and can sell at any time.
NAVISTAR INTL CP (NAV)
2/12/07 Close $45.98 -----Short
This Multi Billion Dollar NYSE company that has been listed on the NYSE for 90 years is be de listed today after the close. Yes, they are going to a market we are familiar with, the PINKS.
I bought put options in this last week. The April 45's. Look at the chart and you will see that this never traded down after the de listing notice. Why are they being de listed? They are late refilling many years of bad accounting. If the market was not so high and we were in the Enron era, this would have already gone down huge. Common sense says that many funds will not be allowed to own or enter into new position when on the Pinks. Lets see if common sense prevails.
Empire Resorts, Inc. (NYNY)
02/06/07
Lets pick NYNY again. Trading at $10.79 we picked this over a year ago at $7.04. http://www.shazamstocks.com/picks-detail.php#56 Read below!
This will be the closest casino to NYC!
SYMBOL: NYNY
Spitzer likely to approve casino soon
By Victor Whitman
Times Herald-Record
February 03, 2007
Monticello — Gov. Eliot Spitzer is close to approving a $600-million Monticello casino, his spokeswoman said.
"We are optimistic that there will be something in a number of days," she said of the governor taking a historic step of approving the St. Regis Mohawk casino at Monticello Gaming and Raceway.
In December, the feds gave environmental approval. Spitzer must concur by letter with those findings for the Mohawks and their partner, Empire Resorts, to go forward.
If Spitzer signs, it would be a hurdle that no other Catskill casino has cleared, paving the way for final approval by the Secretary of the Interior, Dirk Kempthorne. Only three times before have governors allowed state land to be taken into trust for an off-reservation casino — none of them were in New York.
"There are negotiations going on and, if I were to characterize them, I would say we are optimistic," the governor's spokeswoman said.
"I can tell you that the governor believes that casinos can play a role in economic development. I wouldn't say it is months out. I would say less than weeks."
The governor and the Mohawks still have to work out a compact that specifies, among other things, a revenue sharing deal. A spokeswoman for the Mohawks said yesterday the compact will be negotiated later.
"They are embracing this," State Sen. John Bonacic, R-C-Mount Hope, said yesterday of Spitzer.
"So, I think, from what they have told me, they are going to move quickly on this, and I am glad."
Other significant hurdles would remain. The Department of Interior must take just less than 30 acres into trust. The feds notified the Mohawks that final approval is not guaranteed.
The casino will also likely face a number of court challenges.
But casino supporters say the governor's approval would be one of the last big hurdles in the way of a decades-long dream.
"It is another step for jobs and economic development in the town and county," Thompson Supervisor Tony Cellini said. "I have been waiting 30 years."
Fair disclosure: we own shares of NYNY and can sell at any time.
Sunoco, Inc. (SUN)
1/11/07 Close $57.82
Oil has hit new lows in the new year. SUN has a 52 week range of 55.68-97.25. The current P/E ratio is only 6.69! If you have the appetite for volatility, then this might be for you. The Summer driving season will be here sooner then you think and any problems with the Middle east will boost oil back up. SUN can easily boiunce back to the $70's.
Sunoco, Inc., through its subsidiaries, engages in the manufacturing and marketing of various petroleum products, including fuels, lubricants, and some petrochemicals in the United States. It also engages in the manufacture of chemicals with interests in logistics and cokemaking. The company operates in five segments: Refining and Supply, Retail Marketing, Chemicals, Logistics, and Coke. The Refining and Supply segment manufactures petroleum products, including gasoline; middle distillates, such as jet fuel, heating oil, and diesel fuel; and residual fuel oil. It also produces commodity petrochemicals, including olefins and their derivatives, such as ethylene, ethylene oxide polymers, and refinery-grade propylene; and aromatics and their derivatives, which include benzene, cyclohexane, toluene, and xylene.
This segment also manufactures petroleum and lubricant products. It sells its products primarily to wholesale and industrial customers. The Retail Marketing segment engages in the retail sale of gasoline and middle distillates, as well as the operation of convenience stores in 24 states, primarily on the East Coast and in the midwest region of the United States. The Chemicals segment manufactures, distributes, and markets commodity and intermediate petrochemicals, such as cumene, phenol, acetone, bisphenol-A, and other phenol derivatives. The Logistics segment operates refined product crude oil pipelines and terminals, and conducts crude oil acquisition and marketing activities primarily in the northeast, midwest, and south central regions. As of December 31, 2005, the company owned and operated 2,857 miles of crude oil pipelines and 1,647 miles of refined product pipelines. The Coke segment manufactures metallurgical coke for use in the steel industry. Sunoco was founded in 1886 and is based in Philadelphia, Pennsylvania.
IMergent, Inc. (IIG)
12/19/06
Remember our IIG battle against stocklemon.com? We picked IIG in the $11 range http://www.shazamstocks.com/picks-detail.php#24 and watched it fall to the $4 level. Today IIG Hit $32.10!!
During that time Mark Cuban the owner of the Dallas Mavs who sold broadcast.com for a Billion posted he shorted IIG on his blog. We emailed Mark and also obtained many email conversations from Mark and the ceo of IIG Don Danks
I agree with Cuban on many topics. But on a basis of trading and investing he was all wrong. The % of the float short is over 50% Any good news like today and the stock will keep going up.
From: mark cuban [mailto:mark.cuban@dallasmavs.com]
>>>> Sent: Thursday, March 10, 2005 2:27 PM
>>>> To: editor@shazamstocks.com
>>>> Subject: RE: [MAV Feedback] Other
>>>> For IIG, when a company makes money off of ripping consumers off, that' ashortlived business.
They have to expanding internationally for a reason. They run out of> suckershere.
>>>> Which is why they have zero repeat and less referral business
From: Don Danks [mailto:ddanks@imergentinc.com]
Sent: Friday, March 11, 2005 8:28 AM
To: 'mark.cuban@dallasmavs.com'
Subject: Note From IIG CEO -
Mark -
I'm the CEO of Imergent and I was forwarded a link to a site that had
you recommending IIG as a short.
By way of reference, I know you are a friend of Kiki Vandeweghe and Kiki
is a very good and long time friend of mine who can vouch that I am
extremely honest, hard working, and diligent and would never be involved
with a company who scams individuals. Kiki's dad is also a great friend
and he, Kiki and I have done many business deals together over the
years.
Regarding the company, I came in 4 years ago and have worked as an
unpaid CEO to help salvage a dot com disaster. We don't rip people off,
if fact we have tens of thousands of successful small business and
entrepreneurs who use our software and have benefited from our training.
I've attached the company's power point presentation for you to review.
In explains how we operate our business.
By virtue of the fact that we see over 200,000 small business owners and
entrepreneurs a year, from time to time customers complain. There were
a lot of customer service issues in 2001 through 2003 while I was
rebuilding the company's infrastructure. Today we have a great software
platform, a great educational sales channel and exceptional customer
service and VERY FEW customer complaints and a policy of 100%
resolution. Almost all the complaints from the Texas AG were 4-6 years
old.
You have been quick to harshly condemn my company and I assume it was
largely based partly on the Stocklemon.com reports or the Texas AG
lawsuit. Stocklemon's lies are being dealt with through legal and SEC
channels and we are resolving the limited issues of the Texas AG.
I invite you to call and grill me about the company and our practices.
I also invite you or a representative of yours to 1) come visit our
company, look at our infrastructure and how we manage and support our
clients, 2) come to one of our training workshops; they are truly a
positive experience, 3) check out our software - it is very compelling
platform and 4) talk to some of our clients who buy our software, do our
training and then work hard to execute. That's what dozens of serious
analysts have done.
I would respect your negative opinion if you had done that level of
research first.
Fidelity and Wellington management did diligence for over a year as ours
is an unusual business channel and yesterday they filed disclosing that
each has bought more than 10%. 15-20 others have done the work and own
our stock.
You have huge influence and in this case you have made a judgment before
you knew all the facts. I encourage you explore and see that we run a
great company that HELPS entrepreneurs; not rip them off
Sincerely,
Don Danks
CEO, Imergent, Inc.
>>> From: Mark Cuban [mailto:mark.cuban@dallasmavs.com]
>>> Sent: Friday, March 11, 2005 8:56 AM
>>>> To: Don Danks
>>>> Subject: Re: Note From IIG CEO -
>>>>>> So you would have your family and friends going to your seminars and
>>>> buying your product ?
>>> If I showed you an independently written evaluation of 1 of your
>>>> seminars and the opportunity presented, what do you think it would say
>> This isn't about the AG stuff. I don't think your product is very
>> good.
>> I have been to websites developed w it. I have talked to people who have been to the seminars.
From: Mark Cuban [mailto:mark.cuban@dallasmavs.com]
Sent: Friday, March 11, 2005 9:38 AM
To: Don Danks Subject: Re: Note From IIG CEO -
I went to the websites you referenced from YOUR website. The maps
site. I tried to place an order. If that's an example of success, I'm not impressed
>> I talked to people who went to seminars. If that's how you think people have a better shot of succeeding in business, lets just say we disagree
>> Your best idea was the ebay stuff. I haven't planted anyone at one of those, but I will. I haven't come away from anything I have tested w your company and felt
like it was a good product. Quite the opposite I don't get religous about stocks. I don't think your product is very good. I don't think the seminars are good That's it in a nutshell
All you have to do is have enough happy customers that what I say doesn't matter.
On Fri, 11 Mar 2005 11:25 , Don Danks wrote:
Mark -
That's your answer - "our stuff isn't very good" "I've talked to
people who've been to seminars." So based on that you put out disparaging
remarks and tell people we rip people off and have had to go overseas
because we've run out of suckers? So I take it you aren't interested in doing real work on this? You will go by the websites you've seen and the "people" you've talked to who
went to the seminars?
Let me know.
Don
From: Don Danks [mailto:ddanks@imergentinc.com]
Sent: Sunday, March 13, 2005 9:31 PM
To: 'Mark Cuban'
Subject: RE: Note From IIG CEO -
Mark - -
We sell a perpetual license after clients have about 12-14 hours of training on how to leverage our software. Having a site up is one thing; driving traffic is the key. And we educate these small biz owners that it takes a lot of work DAILY to have any chance at competing. WE go over dozens of strategies they will need to implement – the training is great stuff. I invite you to send one of your people to a workshop in Texas.
We deal with the entrepreneurial market (est. 20 million in US) - they have very little tech savvy so we created a software platform that is very feature rich but extremely easy to build, deploy, maintain. AND if they can't build it themselves, our programmers will do it for them - at no additional cost. AND I WOULD LOVE OUR CTO TO DO A DEMO FOR YOU, 20 MINUTES BY PHONE and you could see for yourself how cool it is for the market we serve. I can even set you up with a password/license and you could play with the software and see for yourself. And remember, this is for the non-tech savvy entrepreneur that wants to extend his/her biz to the net of launch a new product idea.
Our perpetual software license runs from about $2500 up to $4300. Last year 85% of revenues came from license sales. We've tested so many pricing models and the perpetual license has been the one that allows our business to profitably exist. We’ve tested lower price points up from and greater recurring revs, but you can’t afford to do the education at the seminars with that model. And the education is what differentiates us from Yahoo.
15% of revenue comes from hosting and consulting/continuing education training.
We integrated eBay functionality and now about 75% of our licensees attend our eBay education workshop ($399)that we created with eBay learning. Gives our clients a whole other distribution/sales channel.
We are also developing recurring rev streams/share with shipping and bank fees.
Our seminars (I call it an educational sales channel) cost about $50,000 to market and to produce. So we have $50K in sunk, fixed cost before we sell one license. We will hold about 700 of these workshops this year. Since they are fixed cost, we extend credit to small biz owners or entrepreneurs who have poor credit. They can put $400-$500 down and we finance the rest (About $3500). About 1/3 of our clients fall into this category. But since we have a fixed cost model, the marginal revenue on the down payment dramatically exceeds the cost of the software and documentation, so we take the credit risk. BUT because of the credit risk, we take a full 50% reserve for bad debt on this portion of our sales – so our AR on the balance sheet is fully reserved and conservative. Some of our best, most successful customers are the credit challenged who’ve taken advantage of our financing.
This is a lot to try and explain in an email - - Thanks for having an open mind. Like I said, I’m very proud of our product, our execution and the service we provide. I would love to give you a tech demo.
And thanks for continuing the conversation. That tells me a lot about you.
Good win today in Minnesota .
Take care,
Don
From: Mark Cuban [mailto:mark.cuban@dallasmavs.com]
Sent: Friday, March 11, 2005 8:52 PM
To: Don Danks
Subject: Re: Note From IIG CEO -
I'm open minded
But how much of that rev is from the seminars ?
On Fri, 11 Mar 2005 19:45 , Don Danks wrote:
> Mark-
> I don't watch the stock daily, but after your short pick came out I was
> inundated with stockholder calls - the overriding message was you knew
> more than the street - and that I was holding something back. You're
> better known or more influential than you know (or maybe you do know).
> At any rate, tough loss to the Lakers and do you miss Steve Nash? I
> think Steve has made all the difference for the Suns.
> By the way, I'm proud of IIG. It’s a great team of about 150 smart
> hard working people. FYI, we took ONLY $500K in working capital in 2001
> when I took this dot.com bust over and with it grew revs from $10
> million to $110,000,000 - and profitably. We should do $145 million
> next year. All organic growth – and our domestic business continues
> to grow rapidly.
> We compete directly with and offer the same thing as Yahoo stores - We
> have about 26,000 HAPPY customers and just a few unhappy ones. I hope
> watch us over the next year. Lots of growth ahead - AND WE DON'T SCAM
> people!
> Take care
> Don
> From: Mark Cuban [mailto:mark.cuban@dallasmavs.com]
> Sent: Friday, March 11, 2005 3:26 PM
> To: Don Danks
> Subject: Re: Note From IIG CEO -
> I would agree if I didn't put my money were my mouth is
The stock fell after I shorted and before I posted anything
> Your success cures all and that is in your control, not mine. What difference does it make what the stock does on a daily basis ?
Fri, 11 Mar 2005 16:26 , Don Danks wrote:
>> And we do have enough happy customers to say it doesn't matter, but you
>> are high profile and people listen to you. I feel that your research
>> methodology is limited for the impact your words carry.
>> Being famous as you, in my mind, carries greater responsibility that to
>> just do a cursory analysis and then post very negative things.
>> At any rate, good chatting with you. We'll just focus on what we can
>> control.
>> Take care,
>> Don
SIGA Technologies Inc. (SIGA)
11/9/06 $3.96
Great news over the past few months had brought this stock to $5.50 a share from .86. Biotech companies should have a great year as the Democrats are now controlling Congress. SIGA just had news again today showing positive signs of a drug to stop smallpox. The market cap is only 125 Million and volume continues to increase on the upside.
Siga: Studies Show Smallpox Drug Is Safe
MEDIFAST INC (NYSE:MED)
10/17/06 Close $10.33
I have owned tris stock in the $9 level and wanted to see if this finally holds gains. The diet craze will begin after New Years, but the smart money will be in early. Look at NTRI (Nutrisystem) at this time last year http://finance.yahoo.com/q/bc?s=NTRI&t=1y
The big funds want in the diet plan/obesity sector, but there is not much out there .MED went from the AMEX to the NYSE thiis year. The only downfall for the funds in the small 11 Mil shares float and the volume of 2-300 thousand shares a day. This can move fast and I still think they will be buyers. There are also 20% of the float short.
Medifast, Inc., through its subsidiaries, engages in the production, distribution, and sale of weight and disease management products, and other consumable health and diet products in the United States. Its products also include meal replacement and sports nutrition products. The company offers its products through Web, call center, independent health advisors, medical professionals, weight loss clinics, and direct consumer marketing supported by phone and the Web. Medifast was incorporated in 1980 and is headquartered in Owings Mills, Maryland.
Ambient Corp. (ABTG)
9/18/06 Close .179
I have gotten 3 emails that this link may be talking
about
TKO. Could be, but they both focus on the same
industry and BPL.
http://www.investorplace.com/magalog/mmti_powerlines.html?ak=6VR101&en=2864703
We are releasing this special pick to everyone today. This link
is a copy of a piece that has been hitting regular postal boxes
everywhere. ABTG broke out today and we think there can be huge
gains ahead. We know for a fact this guy is talking about ABTG.
Oxigene Inc. (OXGN)
9/15/06 Close $4.02
We are due for a pick. Been riding the coat tails of
our GIGM pick which keeps hitting 52 week highs! OXGN is a story
to look at now . Lock up the stock and hold because the new
CEO is big time.
Read this frtom June.
Dr.
Chin, SVP of Global Development at Elan Corporation and Former
Head of Clinical Research for the Biotherapeutics Unit at Genentech,
Tapped to Lead OXiGENE Through Its Next Stage of Corporate Growth
OXiGENE, Inc., a biopharmaceutical company, engages in the development
of novel small-molecule therapeutics to treat cancer and eye
diseases. The company focuses on the development and commercialization
of drug candidates that disrupt abnormal blood vessels associated
with solid tumor progression and visual impairment. It develops
vascular disrupting agents (VDAs) and ortho-quinone prodrugs
(OQPs). It develops VDAs for indications in oncology and ophthalmology;
and OQPs for indications in oncology. The company's products
are in various clinical and preclinical trials for oncology
and ophthalmology, as a single-agent and in combination with
other therapies, including chemotherapy, radiotherapy, antibody
therapy, and anti-vascular endothelial growth factor therapy.
The company has collaborations with a various university and
research institutions, including Gray Cancer Institute, Middlesex,
the United Kingdom; Baylor University, Waco, Texas; Arizona
State University, Tempe, Arizona; The University of Texas MD
Anderson Cancer Center, Houston, Texas; and Beth Israel Deaconess
Medical Center, Boston, Massachusetts. The company was incorporated
in 1988 and is headquartered in Waltham, Massachusetts.
Congratulations on the 6 Point gain
of HET!
GigaMedia Ltd. (GIGM)
8/18/06 Close $8.76
We picked this July of last year at $2.60. Why pick
again? Continue my theme of Poker and Casinos. GIGM is focused
on the online casino business in China. Yes, the have Europe
exposure, but we want the China part. Why? http://www.betonsports.com/This
online casino was shut down by the U.S. The Senate has pushed
forward a bill to make it illegal for all U.S. citizens to gamble
on these sites. You think its not possible? Look at Betonsports.
They were the unlucky one the government picked on. If they
go forward with this law then a HUGE amount of revenue will
be lost from the U.S. What population is large enough to make
up for that? China!
GigaMedia Limited, through its subsidiaries, engages in the
development and license of entertainment software and provision
of application services, and ownership and operation of an online
games portal. It also provides broadband Internet access services.
The company, through its subsidiary, Cambridge Entertainment
Software, develops and licenses software solutions and application
services, including online entertainment and social networking
in the Internet-based entertainment markets. It also offers
FunTown game portal, an Asian casual game portal that provides
an online MahJong game site, as well as provides services, such
as game clubs for players, tournaments related to FunTown's
online casual games, and social networking. In addition, the
company provides broadband Internet access services to consumer
and corporate customers through various technologies and products,
including cable modems, leased-lines, virtual private network,
and other value-added services. GigaMedia was founded in 1997
and is headquartered in Taipei, Taiwan.
Harrah's Entertainment Inc. (HET)
8/8/06 Close $59.44
We have held off the last few weeks with a stock pick due to
the War in Israel and uncertainty in the market. I decided to
play in the World series of Poker in Las Vegas. The RIO( a Harrah's
Casino ) hosted the event. Over 8700 players attended this.
Not only does Harrah's get a piece of the 87 million dollars
in entry fees, but the hotel was booked solid. In fact, Vegas
was crowded every day of the week. This stock is trading at
a 52 week low. The economy might be slowing but not poker and
not Vegas FYI , I came in 225th out of over 7800 players.It
was a blast!
EarthFirst Technologies, Inc.(EFTI)
7/17//06 Close .119
THis PR came out last week when the stock was trading
close to a 52 week low. It still is, We have been buying here
as this great merger has gotten little press. This is the company
http://www.castcrete.com/index.cfm
I would say even after the reverse, this will be way
undervalued.
EarthFirst Technologies, Inc. ("EarthFirst",
or "the Company") (OTCBB:EFTI) and Cast-Crete Corporation
("Cast-Crete") today announced that the Board of Directors
and shareholders representing the majority interests of both
companies, have approved the terms of the merger effective immediately.
The primary terms are as follows:
(1) The Company will change its name to Cast-Crete;
(2) The Company will effect a 60-1 reverse split of its stock;
(3) Total shares outstanding after the merger, and after the
reverse split of the stock will be approximately 15 million
shares; and,
(4) The assets of Cast-Crete cannot be encumbered until acquisition
debt is retired.
The following Pro Forma earnings for the twelve month period
ending June 30, 2007 was also provided for Cast-Crete's operations,
based upon actual results for the six-months ended June 30,
2006.
TWELVE MONTHS PRO FORMA EARNINGS
JULY, 2006 - JUNE, 2007
Sales $150,000,000
Earnings before interest and taxes 65,000,000
Interest expense on Acquisition Debt (25,000,000)
Income taxes (16,000,000)
--------------
Net Income $ 24,000,000
==============
Estimated Outstanding Shares 15,000,000
Earnings Per Share (EPS) $1.60
About EarthFirst Technologies, Incorporated
EarthFirst Technologies, http://www.earthfirsttech.com, is a
specialized holding company engaged in researching, developing
and commercializing technologies for the production of alternative
fuel sources and the destruction and/or remediation of liquid
and solid wastes, and in supplying electrical contracting services
to commercial and government customers internationally. Through
its subsidiary World Environmental Solutions Company (WESCO),
EarthFirst markets solid waste remediation plants utilizing
a proprietary Catalytic Activated Distillation (CAVD) process,
which is a superior technology developed by EarthFirst to recycle
rubber tires and other waste by heating the material without
burning it. Through its subsidiary Electric Machinery Enterprises,
Inc., http://www.e-m-e.com, the Company provides electrical
contracting services both as a prime contractor and as a subcontractor,
electrical support for industrial and commercial buildings,
power generation stations, and water and sewage plants in the
US and abroad. Through its subsidiary EarthFirst Americas, Inc.,
the Company is engaged in the global development, marketing
and distribution of biofuels.
Chartered
Semiconductor Manufacturing Ltd. (CHRT)
7/5/06 close $8.36
Here is a company that was just upgraded by Citibank today from
Sell to Buy and closed down. This is the kind of company you
buy when the market in weak and hold. A year later you will
be pleased.
Chartered Semiconductor Manufacturing, Ltd. provides
wafer fabrication services and technologies to semiconductor
suppliers and systems companies primarily in North America,
Europe, and Asia. It manufactures logic semiconductor wafers
primarily for the communication, computer, and consumer markets,
as well as makes mixed-signal semiconductor wafers using both
CMOS and BiCMOS processes. The company also produces stand-alone
memory devices, including EPROM, EEPROM, SRAM, and Flash memory;
and embedded memory, including eSRAM, eEEPROM, and eFLASH memories.
In addition, it provides assembly and test services to its customers.
Chartered Semiconductor has strategic and technology alliances
with IBM, Infineon, Samsung, Chartered Silicon Partners, and
Agere Systems Singapore Pte, Ltd. The company was founded in
1987 and is based in Singapore. Chartered Semiconductor Manufacturing,
Ltd. is majority owned by Singapore Technologies Semiconductors
Pte, Ltd., a wholly owned subsidiary of Temasek Holdings (Private)
Limited.
New Pick This weekend!!!!!!!!!!!!!!!!
Isonics Corp. (ISON)
6/16/06 Close .68
With all the tension in Iran and North Korea as well as the
usual suspects, we feel its time for a security stock. Here
is one that is trading close to a 52 week low.
Isonics Corporation provides various security services and technologies.
It operates in three segments: Life Sciences, Homeland Security,
and Semiconductor Materials and Products. The Life Sciences
segment sells stable and radioisotopes in elemental and simple
compound forms for use in life sciences applications. Stable
and radioactive isotopes are used by researchers to investigate
living systems, determine the chemical structure of biological
compounds, design new drugs, and measure low levels of environmental
toxins. Isonics supplies stable isotopes of oxygen, thallium,
zinc, cadmium, xenon, strontium, and others that are used in
various medical imaging and therapy applications. The Homeland
Security segment provides security and investigative services,
as well as develops trace and bulk detection technologies. It
provides armed and unarmed security personnel. It also provides
electronic security systems, armed escort couriers, executive
bodyguards, video/electronic surveillance, mobile vehicle patrols,
special event security, and VIP escorts.
The segments investigative solutions include communications
security, eavesdropping/espionage countermeasures, industrial
sabotage investigations, employment investigations, and various
forensic services. The Semiconductor Materials and Products
segment manufactures and reclaims silicon wafers, sells silicon-on-insulator
wafers. Isonics principally operates in the United States and
Germany. The company was co-founded in 1992 by James E. Alexander
and Boris Rubizhevsky. It was incorporated as A&R Materials,
Inc. in 1993 and changed its name to Isonics Corporation in
1996. Isonics is headquartered in Golden, Colorado
OTCBB: ARET
6/8/06 Intraday at .0164
Arete Industries Inc, (OTCBB ARET)
Arete Industries, Inc., a development stage company, is a publicly
traded holding company with several subsidiaries.
Arete is in the process of doing a reverse merger with a oil
and gas company. This sector is very hot right now with the
sky rocketing prices of oil and gas. The company has been in
a lengthy process of cleaning up it's filings and negotiating
with a oil and gas merger partner. From the previous press releases,
the due dillengece process on both sides of the merger should
be nearing completion with June 8th being the expected date
of completion. A press release from the company on their progress
should be forth coming at any time. ARET could be a big winner
depending on the details of the merger company.
Streicher Mobile Fueling Inc. (FUEL)
5/17/06 Intraday .2.60
The first time we picked FUEL was March of 2004. That was at
$1.79 and the stock ran to $5.55 s recently.
The stock fell yesterday because they delayed earnings a week
and said this:
The Company anticipates that it will report a loss of approximately
$2.2 million for the quarter, a $900,000 increase over the loss
reported in the same period a year ago. The increased loss is
attributable to several factors, including the costs of the
Company-wide infrastructure development program to support its
business plan. During the quarter, the Company also incurred
costs relating to the integration of Shank Services and H &
W Petroleum; higher cash and non-cash interest expense; increased
bad debt provision; lower petroleum products sales volumes during
the quarter attributable largely to customer reaction to recent
increases in fuel prices; and increased operating costs for
driver wages, benefits, hiring, training and retention, and
running fuel usage than in the third quarter of fiscal 2005.
For anyone that didn't own this stock , this was good news.
FUEL does 200 Million a year in revenue and trades at a 26 Million
market cap. Looks like they are restructuring the infrastructure
to become profitable. If this happens we can only imagine what
kind of market cap they will deserve. Top that off with this
being a stock that will rise when oil becomes a concern this
summer.
Harken Energy Corp. (HEC)
5/1/06 Close .91
Here is a oil play we picked over 2 years ago at the same price.
The difference? Skyrocketing oil prices! Just like with our
TGC pick, we feel its ready for a move.
Here is a link to an update the company put out last week. http://biz.yahoo.com/iw/060426/0125147.html
Harken Energy Corporation, through its subsidiaries, engages
in the exploration, development, production, and acquisition
of oil and gas properties primarily in the onshore and offshore
Gulf Coast regions of south Texas and Louisiana. The company
also explores and develops coal bed methane in Indiana and Ohio.
Further, it involves in the exploration, development, and production
activities in Colombia, as well as in the exploration activities
in Panama and Peru. Further, Harken Energy engages in minimal
energy trading principally in the United States. As of December
31, 2005, the company had proved reserves of approximately 6,282,000
barrels of oil and 8,453,000 million cubic feet of gas. Harken
Energy was incorporated in 1973 and is based in Southlake, Texas.
Tengasco Inc. (TGC)
4/24/06 Close $1.55
Oil,Oil,Oil. Here is a a stock we picked 3 years ago that is
back and running to a 52 week high today. A 52 week high at
onlt $1.55 a share!
Today they announced completion of an eight-well drilling program
on its producing properties in Kansas. The company said the
program proved to be highly successful, with seven wells producing
or expected to produce commercial quantities of oil.
Tengasco also said its oil production volume in Kansas reached
38,502 barrels in the first quarter.
Tengasco, Inc. engages in the exploration, production, and transportation
of oil and natural gas in Tennessee and Kansas. It also leases
producing and nonproducing properties for exploration and development.
The company has interests in 129 producing oil wells and 51
producing gas wells in the vicinity of Hays, Kansas; and 22
producing gas wells and 5 producing oil wells in the Swan Creek
Field, Tennessee. Tengasco markets its crude oil to local refining
companies, local utilities, and private industry end-users;
and natural gas to local utilities, private industry end-users,
and natural gas marketing companies. The company was founded
as Gold Deposit Mining & Milling Company in 1916 and changed
its name to Onasco Companies, Inc. Further, Onasco Companies
changed its name to Tengasco, Inc. in 1995. Tengasco is headquartered
in Knoxville, Tennessee.
SLS International (Amex: SLS)
4/17/06 Intraday .79
SLS makes a great loudspeaker. Read this PR... In late May Best
Buy will begin selling this as well as being featured on the
Donald Trump Apprentice Show. The stock has fallen recently
and represents a great opportunity.
SLS International Signs Agreement with Best Buy Co.
to Nationally Distribute Its Q Line Gold Home Theater System
Thursday March 9, 8:30 am ET
Q Line Gold System to be Sold In Over 600 Best Buy Retail Stores
SPRINGFIELD, Mo., March 9 /PRNewswire-FirstCall/ -- SLS International
(Amex: SLS - News), the leading provider of premium quality
sound systems for professional (recording studio, concert, etc.),
cinema and home entertainment markets, today announced the Company
has signed a Master Vendor Agreement with Best Buy Co., Inc.
(NYSE: BBY - News), North America's number-one specialty retailer
of consumer electronics, personal computers, entertainment software
and appliances, to distribute the new Q Line Gold Home Theater
Surround Sound System, co-developed with 26-time Grammy winner
Quincy Jones, in 618 Best Buy locations throughout the U.S.
commencing in May, 2006.
The timing of the Q Line Gold System product offering in Best
Buy stores coincides with its product debut on the series finale
of "The Apprentice," the popular reality show which stars Donald
Trump and is produced by Mark Burnett Productions in association
with Trump Productions LLC. The series finale is scheduled to
air late May.
"This agreement with Best Buy represents a significant opportunity
for national distribution for the Q Line Gold System. Best Buy's
position as the dominant retailer in the consumer electronics
industry is the ideal distribution channel for us to promote
the SLS brand and the new Q Line Gold Home Theater System to
the broadest consumer market possible," said John Gott, Chairman
and CEO of SLS International. "Our success in the commercial
sound industry as well as the endorsements that we have had
in the past by world renowned stars such as Quincy Jones and
Sting have now positioned us to establish a leading position
in the consumer marketplace, with products that are not only
cutting edge in technology and sound quality, but also very
affordable for the general consumer. This is the first step
towards expanding our distribution channels to widen our reach
to the mass consumer market. We will continue to focus on product
innovations that bring both value and sound excellence to the
growing consumer demand for quality home theater systems."
The Q Line Gold Home Theater Surround Sound System features
4 bookshelf satellite speakers and one center channel speaker,
all utilizing SLS International's PRD100 Planar Ribbon Drivers
and woven Kevlar midrange drivers. To meet today's demanding
low frequency requirements, SLS has included a high excursion,
self-powered subwoofer delivering accurate and controlled bass.
A multi channel Dolby Digital/DTS surround sound receiver powers
the system with 110 watts per channel featuring a built-in room
balancing algorithm, component video throughput with video up
scaling, on screen display, and a universal remote control.
The system also includes a matching progressive scan DVD player
that supports most of the industry standard formats including
MP3. The anticipated selling price for the Q Line Gold System
in Best Buy locations will be $799.00.
About Best Buy:
Best Buy Co., Inc. is an innovative Fortune 100 growth company
that continually strives to create superior customer experiences.
Through more than 930 retail stores across the United States
and in Canada, employees connect customers with technology and
entertainment products and services that make life easier and
more fun. Best Buy sells consumer electronics, home-office products,
entertainment software, appliances and related services. A Minneapolis-based
company, operations include: Best Buy (BestBuy.com), Future
Shop (FutureShop.ca), Geek Squad (GeekSquad.com) and Magnolia
Audio Video (Magnoliaav.com). Best Buy supports communities
through employee volunteerism and grants from The Best Buy Children's
Foundation.
About SLS:
Based in Ozark, Mo., SLS International, Inc. is a 30-year-old
manufacturer and developer of new proprietary patent-pending
ultra-high fidelity Ribbon Driver loudspeakers, patented Evenstar
Digital Amplifiers and sound systems for the commercial, home
entertainment, professional and music markets. SLS has perfected
the ribbon-driver technology enabling their loudspeakers to
achieve exceptional inner detail and accuracy with 20% to 30%
less distortion of typical compression driver and dome tweeters.
SLS speakers and systems are used in high-profile venues such
as NBC/MSNBC's 2002 and 2004 Olympics studios, the Recording
Academy's Grammy Producers SoundTable events, and for the NAMM
winter show, providing sound in the AVID Technology booth just
to name a few. For more information, visit http://www.slsaudio.com.
Safe Harbor:
Matters discussed in this press release contain forward-looking
Statements within the meaning of the Private Securities Litigation
Reform Act of 1995. When used in this press release, the words
"anticipate," "believe," "estimate," "may," "intend," "expect"
and similar expressions identify such forward-looking statements.
Actual results, performance or achievements could differ materially
from those contemplated, expressed or implied by the forward-looking
statements contained herein. These forward-looking statements
are based largely on the expectations of the Company and are
subject to a number of risks and uncertainties. These include,
but are not limited to, risks and uncertainties associated with
the impact of economic, competitive and other factors affecting
the Company and its operations, markets, product, and distributor
performance, the impact on the national and local economies
resulting from terrorist actions, and U.S. actions subsequently;
and other factors detailed in reports filed by the Company with
the Securities and Exchange Commission.
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Source: SLS International, Inc.
Magellan Petroleum Corp(MPET)
4/11/06 Close $2.28
Energy related and oil stocks are hot again. No pun
intended, but they won't cool off this summer. We have not even
hit Hurricane season and the pumps are hitting $3 a Gallon.
MPET was up 23% today. There are only 24 Million shares in the
float and it already hit $4 during the last Energy run. This
will not be the last Oil play we do, but this sure will be a
fun one to watch.
Overstock.com Inc. (OSTK)
4/9/06 Close $28.44
The last time we picked this the stock dropped. Why
pick again? After all, the CEO comes off as a complete nut job.
Read This PR Overstock
Short Interest Now 107% of Float on Deposit at DTCC . Yahoo
reports the short interest as 87% of the float. But the float
is 7.41 Million shares and the short interest is 9.58 Million
shares. That simply means that traders have naked short the
stock without hedging against it . If this is to complicated
to understand, lets just say that one day 9.58 Million shares
will have to be covered ( bought back) by the shorts. This buying
will cause a squeeze and buying frenzy.
When will this happen and at what price? The stock is weak and
there has been no real news to hurt the shorts. Watch how this
stock trades and you will see that with not much stock out there
it moves fast on little volume. This has to be a patient trade
as the short funds can easily move the stock down and put the
scare on investors.
Why consider OSTK? Read this positive article Exploring
Overstock's Discount
Be patient and wait for the squeeze. It will come.
Metallica Resources Inc. (MRB)
4/4/06 Close $3.46
Gold has been on a tear. Here is one that is near a 52 week
high, but very undervalued. The company is also sitting on 42
Million in cash. They also had close to 8 Million in earnings
last year. Want more?
Metallica Resources Announces Falconbridge Increases its Ownership
in the Company . This is a NYSE company with a
13 Billion market cap. Gold usually falls when the market runs.
Not true this time. Gold is always a safe play when the country
is in unrest . Iran, bird flu, Iraq...........
Metallica Resources, Inc., a development stage company, engages
in the exploration, development, and acquisition of mineral
deposits principally in Mexico and Chile. It owns a 100% interest
in the Cerro San Pedro gold and silver heap leach project in
central Mexico; a 30% interest in the El Morro copper-gold project
in northern Chile; and a 100% interest in the Rio Figueroa copper-gold
project in northern Chile; and other preliminary stage copper/gold
projects in Chile. The company was founded in 1977. It was formerly
known as Temple Explorations, Inc. and changed its name to Burgess
Point Resources, Inc. in 1987. Further, Burgess Point Resources
changed its name to Metallica Resources, Inc. in 1994. Metallica
Resources is based in Toronto, Canada.
JMAR Technologies Inc. (JMAR)
3/30/06 close .92
The company missed earnings today and the stock hit a new 52
week low. We know some large funds that bought this today. You
can make much more money buying these at the low then at the
top. We like the company and the industries they sell to.
http://www.jmar.com/2004/index.shtml
JMAR Technologies, Inc. develops laser based equipment
for imaging, analysis, and fabrication at the nanoscale. It
develops, manufactures, markets, and supports advanced laser,
sensor, and custom systems for applications in the nanotechnology,
biotech, semiconductor, homeland security, and water quality
markets. JMAR offers BriteLight Laser, a diode pumped solid
state laser, which enables the production of soft X-rays using
laser produced plasma; X-Ray Lithography Systems for semiconductor
lithography applications; VersaCAM, a scanning boom optical
computer aided microscope for industrial, biological, and medical
microscopy; Compact X-Ray Microscope for 3D visualization of
single cells and polymers; and Compact X-Ray Nano Probe, which
enables interaction, analysis, and materials modification at
the nanoscale. JMAR also develops, manufactures, and markets
BioSentry, a laser-based contamination warning system that provides
surveillance, detection, and classification of waterborne microorganisms,
as well as maintains a strategic alliance with FemtoTrace, Inc.
for the production of the READ chemical sensor for homeland
security, environmental, and utility infrastructure industries.
In addition, it provides process integration and maintenance
support, and integrated circuit production for military and
commercial markets. JMAR was founded in 1987 and is headquartered
in San Diego, California.
TASR (TASER International, Incorporated)
3/22 Close $10.70
After dropping all the way down to the $5 range , TASR has made
a nice turn up. They have really done a good job of changing
the negative tone in the media. Last year after the stock had
a great run for us they were attacked by everyone. TASR starteed
a campaign to issue a positive PR when there is a life saving
moment involved with a TASR. Today thau also issues a report
on a study by Dr. Jeffrey Ho and other physicians from the Hennepin
County Medical Center in Minneapolis has been peer reviewed
and published in the Journal of the Society of Academic Emergency
Medicine. It is the largest sample of human subjects in a Taser
test to date.
The article reports findings that the TASER X26 electronic control
device did not affect the recordable cardiac electrical activity
within a 24-hour period following a standard five-second application.
Furthermore, the authors were unable to detect any induced electrical
dysrhythmias or significant direct cardiac cellular damage which
could be related to sudden and unexpected death proximal to
electronic control device exposure. Additionally, no evidence
of dangerous hyperkalemia or induced acidosis was found.
TASR still has a 30% short position, which means possible upward
pressure. Don't forget the military and General Dynamics are
testing a product that involves TASR.
We like TASR again!
Star Scientific Inc. (STSI)
3/8/06 Close $2.81
Star Scientific, Inc. (SSI), together with its wholly owned
subsidiary, Star Tobacco, Inc., engages in the manufacture,
sale, development, and marketing of very low-nitrosamine smokeless
tobacco products. It also develops, implements, and licenses
scientific technology for the curing of tobacco so as to prevent
the formation of carcinogenic toxins present in tobacco and
tobacco smoke, primarily the tobacco-specific nitrosamines.
The company’s products include ARIVA, a compressed powdered
tobacco; STONEWALL Hard Snuff, a nonfermented, spit-free hard
tobacco product for moist snuff users; a dry snuff product under
the name Stonewall; and discount cigarettes. SSI sells its smoked
and smokeless tobacco products through tobacco distributors
throughout the United States. The company is headquartered in
Chester, Virginia.
This is what we like to see. A sale of stock to raise $$ at
reasonable prices.
On March 3, 2006, Star Scientific, Inc. (the "Company")
entered into a Securities Purchase and Registration Rights Agreement
(the "Agreement") with an existing shareholder (the
"Investor") whereby the Company has sold to the Investor,
for an aggregate purchase price of $6,000,000, a total of 2,000,000
(the "Shares") shares of common stock, $0.0001 par
value per share, of the Company ("Common Stock") and
a warrant, at an exercise price of $3.00 per share, to purchase
an additional 2,000,000 shares of Common Stock by June 30, 2007
(the "Warrant"). The aggregate purchase price of $6,000,000
will consist of $600,000 payable upon signing the Agreement
and $5,400,000 payable pursuant to a promissory note (the "Note")
between the Investor and the Company entered into simultaneously
with the Agreement. Under the terms of the Note, the Investor
will pay the Company |
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