DAN is now oversold and you can expect another small downside tomorrow.
Then it will go back to hit itès resistance of 12,25$ early next week.
Do not forget that it was the end of quarter and many funds manager want to do some windows dressing and capitalize on profit achieved since beginning of the quarter.
By the way DAN is already up 12% this year including today's drop.
So be patient. It will come back. There are simply no news to support that drop.
mercredi 31 mars 2010
lundi 29 mars 2010
UPDATE VEI
Surprisingly after the bad news received last week, the share price still hold on to the 0,02 to 0,025.
Does anybody knows something as we should have seen a sudden drop to 0,01 or 0,015.
Maybe many more think it is still the gamble of the year.
Does anybody knows something as we should have seen a sudden drop to 0,01 or 0,015.
Maybe many more think it is still the gamble of the year.
UPDATE TVI
Things are looking good. Over 1 M shares traded this morning and only 1 sold at the bid.
Volume will have to increase toward the 10M shares if we really want to see the expected leg up as there are still many penny flippers around.
Will see early afternoon how it goes.
Volume will have to increase toward the 10M shares if we really want to see the expected leg up as there are still many penny flippers around.
Will see early afternoon how it goes.
ALERT TVI
Based on bids growing today coulb be one of the strongest day TVI had in a long time. Unless somebody is playing with bids and ask, expect close to 7M shares traded today and a leg up to 0,145
dimanche 28 mars 2010
Welcome Air Canada as top list new ember
AC.B (preferred over AC.A for volume reasons) is now part of my 2010 top list.
With the economy going back on track, this will help traffic and spending to increase over the coming months and this cycle could be very profitable to Air Canada for at least the next 18-24 months.
I expect AC.B to give a return of 250% and end up this year close to 5$.
Again, best is always to buy on dip as it has a 6% dip on friday.
We will see early monday where it is headed
With the economy going back on track, this will help traffic and spending to increase over the coming months and this cycle could be very profitable to Air Canada for at least the next 18-24 months.
I expect AC.B to give a return of 250% and end up this year close to 5$.
Again, best is always to buy on dip as it has a 6% dip on friday.
We will see early monday where it is headed
samedi 27 mars 2010
UPDATE DAN
Well, hope you took some profit. Remember that you should always buy on dip and i expect some on DAN early next week.
They have rallied more than 1000% since my first reccomandation and is ready to mark a pause. BUT i think the Q1 results will be excellent based upon cars and light truck year to date sales.
DAN is not the company to give many updates on where they are going and i expect a positive surprise.
So if it dips under 12,25$ get ready to get back in
They have rallied more than 1000% since my first reccomandation and is ready to mark a pause. BUT i think the Q1 results will be excellent based upon cars and light truck year to date sales.
DAN is not the company to give many updates on where they are going and i expect a positive surprise.
So if it dips under 12,25$ get ready to get back in
vendredi 26 mars 2010
ALERT TVI
The 0,125 wall is gone and only resistance level left is 0,13. When this one disappear, expect the run up to start
ALERT TVI
The documents posted on TVI web site are the same as the one sent to Sedar electronically.
Apologizes if i create confusion.
Now, let's get TVI rock. There will be some profit taking today but expect a good leg up beginningn of hte week when those shares (about 1,5M) are bought.
Watch for net week special report: TVI on the run in 2010
Apologizes if i create confusion.
Now, let's get TVI rock. There will be some profit taking today but expect a good leg up beginningn of hte week when those shares (about 1,5M) are bought.
Watch for net week special report: TVI on the run in 2010
jeudi 25 mars 2010
NRI: Yes one of my top stocks for this year.
THIS ARTICLE ONLY REFLECTS MY OWN OPINIONS AND IS NOT A TRADING ADVICE. ALWAYS DUE YOUR OWN DUE DILLIGENCE BEFORE COMMITTING TO ANY INVESTMENT AND NEVER INVEST MORE THAN YOU CAN LOOSE ESPECIALLY IN THE PENNY STOCK MARKET.
What’s up with Nuvo Research ?
Well, not a lot based upon their news releases (or should I mention the absence of)
How can you imagine that a corporation that gets a FDA clearance to sell their main product in the US is still so quiet about it.
They got their approval on November 4th 2009 and since that time only 4 press releases: 1 for their annual results , 1 to announce that they now have 2 CEO, 1 for early redemption of convertible bonds and 1 for their 1st patient enrolled in their study of WF10.
Since the FDA approval they have not post anything about Pennsaid. This is almost totally incredible and unacceptable. Does that mean nothing has or can be said about that product?
It is also very important to note that their shares have slid by over 50% during that period.
I don’t get it.
I agree that sometimes too much information is like none (they leared that lesson some years ago) but they need some professional advice as to how to get their message across the world.
We are in a communication world and in 2010. Why not use Facebook or at least a complete web site updated on time (when they got fda approval, it took them couple of days before updating their site)
Can we blame their IR person: NO they only act upon news from the corporation they represents.
But from now on, where are they going?
Nuvo Research is (as their name indicate) a research company in the pharmaceutical market and principally devoted to the pain area and they are not too concern about the selling of their products explaining why every country selling Pennsaid have a licensed distributor. It is worth telling that Greece, Canada and USA they have great companies and well recognized in the selling of pharmaceutical market. All of them have royalties to pay to Nuvo except for the Canadian distributor Paladin who paid in advance their royalties in 2008 (1 M$) and will not add a penny until January 2011. After that they will pay some undisclosed amounts to Nuvo on every sale made.
No details have been given concerning the % of royalties that they will received but must be in the 5-10% as it is a current standard in that market and nobody ever confirm the actual % for competitive reasons I presume.
That being said, will Nuvo sits on their Pensaid and wait for money to comes in or do they have another product(s) coming down the pipeline?
WF10 is something worth looking at for its numerous possibilities on the immune system regulation.
The first product called Oxoferin is a topical wound healing agent, and a diluted version of WF10 and without going into all technical details here that product seems to act on the immune system to achieve a faster wounds healing.
You can find all details here:
www.nuvoresearch.com/pipeline/oxoferin.asp
It is already marketed in parts of Europe, Asia and South America under several trade names including Oxoferin and Oxovasin and they have signed an agreement to sell in some parts of Russia later this year or in 2011 and also have exclusive agreement for distribution in Malaysia, Cambodia, Philippines, Vietnam and Singapore.
The only problem with this product is that they will have to find an improved formula because their patent’s has expired.
But WF10 seems to be very interesting in other areas like pancreas cancer as explained in more details here:
www.nuvoresearch.com/pipeline/wf10.asp
So WF10 could be a great pipeline drug but I do not see any revenues coming from it in a near future (except low royalties from Oxoferin / Oxovasin .
Another segment of Nuvo is FQUBED inc that not a lot of people talks about and unfortunately not a lot of info is available on them anyways.
So what 2010 will looks like for Nuvo is in my opinion only to be based upon Pennsaid and its acceptance in the US market even if they seems to be one the great research company based on the transdermal transmission of products in the pain area avoiding most of the dangerous side effects patients are used to with other products.
It has been said that the market only in US is a couple of billions$ per year and honestly the only way to evaluate a company is revenues.
Let’s see how it goes and how I think 2010 will looks like.
First of all they have about 46M$ in the bank (when you include receivable accounts) that they could use for whatever reasons they want except the following: dividend and shares buy back. These will not happen because of Canadian regulations as they do not meet the test to do any of those 2 things.
So what’s left: buying rights for new drugs in pipeline or buying companies that went bankrupt for their unused income taxes credits? Target companies could be like Chemokine Therapeutics who went belly up last year but still have unused income tax credits and many drugs in their pipeline. With 53 million shares valued 0,05 you see what I mean. Many other companies had the same problem and I think that they would have the choice.
Other possibilities would be to buy the rights to any Phase 2 treatment drug in the pain field business.
Last possibility would be a JV with a major company involved in a phase 3 drug that would benefit from their transdermal system.
On the transdermal side of their business, they may have the choice as if proved safe with Pennsaid, imagine what they could do for other drugs with lethal effects.
Do you believe also that they do not know what their first shipment to the US will be ? If so, why do they increased their inventory by over 700K$ recently: have sales diminished that much, can’t they control their inventory or do they know that first US order will be over 1M$ ?
Another point interesting to highlight is that they are now virtually debt free. That will save them about 750K$ in interest and fees in 2010.
R&D will also be lowered due to the fact that Covident now pays for all expenses related to Pennsaid and Pennsaid + development. This will be another 2-3 M$ in savings.
There are also no more existing warrants to dilute the stock again. Good thing for actual shareholders.
The infamous ‘going concern’ still exist and will be there for a long time as they still have a 185M$ in accumulated deficit and will not fade away in 2010. They are penalized a lot as they cannot included a good will amount in their shareholders equity. They will definitely redo the test to remove that but they will need more than milestone payment to get it out. So expect at least another year of going concern…
They will be also a great candidate for a takeover. For example, would Covident pay Nuvo 100M$ in milestone when you could buy the company for less than this amount right now. I know that take over needs shareholder approval and I think the price could be around 0,50 cents MUCH less than the real value of Nuvo. But because the stock has been spiralling downward for a long time now, a 0,50 offer would get the deal accepted for any major candidate like Coviden.
Here are my expectations for 2010:
Revenues about 25M$ including any milestone from Coviden plus other licensing fees and taking into consideration that US sales will only be for 8 months. Expect much greater revenues in 2011 nearing 70M$ and more milestone payments. Do not forget that Paladin will start again royalties’ payment in 2011.
There should be more licensing agreement for other countries during last quarter of 2010 and beginning of 2011.
More testing of WF 10 in the last quarters of 2010 and beginning of 2011
Net earnings of 0,06 per share in 2010 as expenses would be greatly diminished compared to last year in R&D and 0,11 earnings per share in 2011.
As a conclusion, NRI shares should be worth about 0,84 cents on a 14 to 1 EPS ratio in 2010 and closer to 1,40$ in 2011 unless a takeover is already in the makings.
This is enough to conclude that NRI is still on my TOP list for 2010 as those calculations are not very aggressive and full details regarding the milestone payments have not been disclose.
Disclosure: I am still long on NRI
What’s up with Nuvo Research ?
Well, not a lot based upon their news releases (or should I mention the absence of)
How can you imagine that a corporation that gets a FDA clearance to sell their main product in the US is still so quiet about it.
They got their approval on November 4th 2009 and since that time only 4 press releases: 1 for their annual results , 1 to announce that they now have 2 CEO, 1 for early redemption of convertible bonds and 1 for their 1st patient enrolled in their study of WF10.
Since the FDA approval they have not post anything about Pennsaid. This is almost totally incredible and unacceptable. Does that mean nothing has or can be said about that product?
It is also very important to note that their shares have slid by over 50% during that period.
I don’t get it.
I agree that sometimes too much information is like none (they leared that lesson some years ago) but they need some professional advice as to how to get their message across the world.
We are in a communication world and in 2010. Why not use Facebook or at least a complete web site updated on time (when they got fda approval, it took them couple of days before updating their site)
Can we blame their IR person: NO they only act upon news from the corporation they represents.
But from now on, where are they going?
Nuvo Research is (as their name indicate) a research company in the pharmaceutical market and principally devoted to the pain area and they are not too concern about the selling of their products explaining why every country selling Pennsaid have a licensed distributor. It is worth telling that Greece, Canada and USA they have great companies and well recognized in the selling of pharmaceutical market. All of them have royalties to pay to Nuvo except for the Canadian distributor Paladin who paid in advance their royalties in 2008 (1 M$) and will not add a penny until January 2011. After that they will pay some undisclosed amounts to Nuvo on every sale made.
No details have been given concerning the % of royalties that they will received but must be in the 5-10% as it is a current standard in that market and nobody ever confirm the actual % for competitive reasons I presume.
That being said, will Nuvo sits on their Pensaid and wait for money to comes in or do they have another product(s) coming down the pipeline?
WF10 is something worth looking at for its numerous possibilities on the immune system regulation.
The first product called Oxoferin is a topical wound healing agent, and a diluted version of WF10 and without going into all technical details here that product seems to act on the immune system to achieve a faster wounds healing.
You can find all details here:
www.nuvoresearch.com/pipeline/oxoferin.asp
It is already marketed in parts of Europe, Asia and South America under several trade names including Oxoferin and Oxovasin and they have signed an agreement to sell in some parts of Russia later this year or in 2011 and also have exclusive agreement for distribution in Malaysia, Cambodia, Philippines, Vietnam and Singapore.
The only problem with this product is that they will have to find an improved formula because their patent’s has expired.
But WF10 seems to be very interesting in other areas like pancreas cancer as explained in more details here:
www.nuvoresearch.com/pipeline/wf10.asp
So WF10 could be a great pipeline drug but I do not see any revenues coming from it in a near future (except low royalties from Oxoferin / Oxovasin .
Another segment of Nuvo is FQUBED inc that not a lot of people talks about and unfortunately not a lot of info is available on them anyways.
So what 2010 will looks like for Nuvo is in my opinion only to be based upon Pennsaid and its acceptance in the US market even if they seems to be one the great research company based on the transdermal transmission of products in the pain area avoiding most of the dangerous side effects patients are used to with other products.
It has been said that the market only in US is a couple of billions$ per year and honestly the only way to evaluate a company is revenues.
Let’s see how it goes and how I think 2010 will looks like.
First of all they have about 46M$ in the bank (when you include receivable accounts) that they could use for whatever reasons they want except the following: dividend and shares buy back. These will not happen because of Canadian regulations as they do not meet the test to do any of those 2 things.
So what’s left: buying rights for new drugs in pipeline or buying companies that went bankrupt for their unused income taxes credits? Target companies could be like Chemokine Therapeutics who went belly up last year but still have unused income tax credits and many drugs in their pipeline. With 53 million shares valued 0,05 you see what I mean. Many other companies had the same problem and I think that they would have the choice.
Other possibilities would be to buy the rights to any Phase 2 treatment drug in the pain field business.
Last possibility would be a JV with a major company involved in a phase 3 drug that would benefit from their transdermal system.
On the transdermal side of their business, they may have the choice as if proved safe with Pennsaid, imagine what they could do for other drugs with lethal effects.
Do you believe also that they do not know what their first shipment to the US will be ? If so, why do they increased their inventory by over 700K$ recently: have sales diminished that much, can’t they control their inventory or do they know that first US order will be over 1M$ ?
Another point interesting to highlight is that they are now virtually debt free. That will save them about 750K$ in interest and fees in 2010.
R&D will also be lowered due to the fact that Covident now pays for all expenses related to Pennsaid and Pennsaid + development. This will be another 2-3 M$ in savings.
There are also no more existing warrants to dilute the stock again. Good thing for actual shareholders.
The infamous ‘going concern’ still exist and will be there for a long time as they still have a 185M$ in accumulated deficit and will not fade away in 2010. They are penalized a lot as they cannot included a good will amount in their shareholders equity. They will definitely redo the test to remove that but they will need more than milestone payment to get it out. So expect at least another year of going concern…
They will be also a great candidate for a takeover. For example, would Covident pay Nuvo 100M$ in milestone when you could buy the company for less than this amount right now. I know that take over needs shareholder approval and I think the price could be around 0,50 cents MUCH less than the real value of Nuvo. But because the stock has been spiralling downward for a long time now, a 0,50 offer would get the deal accepted for any major candidate like Coviden.
Here are my expectations for 2010:
Revenues about 25M$ including any milestone from Coviden plus other licensing fees and taking into consideration that US sales will only be for 8 months. Expect much greater revenues in 2011 nearing 70M$ and more milestone payments. Do not forget that Paladin will start again royalties’ payment in 2011.
There should be more licensing agreement for other countries during last quarter of 2010 and beginning of 2011.
More testing of WF 10 in the last quarters of 2010 and beginning of 2011
Net earnings of 0,06 per share in 2010 as expenses would be greatly diminished compared to last year in R&D and 0,11 earnings per share in 2011.
As a conclusion, NRI shares should be worth about 0,84 cents on a 14 to 1 EPS ratio in 2010 and closer to 1,40$ in 2011 unless a takeover is already in the makings.
This is enough to conclude that NRI is still on my TOP list for 2010 as those calculations are not very aggressive and full details regarding the milestone payments have not been disclose.
Disclosure: I am still long on NRI
ALERT TVI
It seems that finally TVI has been recognized as a profitable mining company by the accountant community...
The going concern is gone as it should have been the first financial note to be included on their year end final results. It's not there anymore as they pass the test:
no more cash deficiencies
stable and profitable Quarter after quarter for almost 1 year (including Q1 2010)
There are some more test to remove that infamous parapraph but it is gone for all.
That by itself is enough to cheers...
Will double check with sedar tomorrow but i think the version they have posted on their site is the final version sent to Sedar
Will be interesting to see the reaction tomorrow morning on the market and it could be the last time you can buy TVI at 0,12.
The going concern is gone as it should have been the first financial note to be included on their year end final results. It's not there anymore as they pass the test:
no more cash deficiencies
stable and profitable Quarter after quarter for almost 1 year (including Q1 2010)
There are some more test to remove that infamous parapraph but it is gone for all.
That by itself is enough to cheers...
Will double check with sedar tomorrow but i think the version they have posted on their site is the final version sent to Sedar
Will be interesting to see the reaction tomorrow morning on the market and it could be the last time you can buy TVI at 0,12.
lundi 22 mars 2010
UPDATE VEI (2)
Well, now we know. Maybe the call made earlier today did made some people react to the fact that it was now the time to let us know.
With the NR just released, i am please to re-install VEI as my GAMBLE of the year company.
As i said their product is worth every penny spend on it and without a doubt they will find their way out.
They were unresponsible not letting us know but at least now we know why.
Thanks to the IR guy who probably found whom to talk to today and got the news out.
Will see but honestly i hpe the best for VEI.
With the NR just released, i am please to re-install VEI as my GAMBLE of the year company.
As i said their product is worth every penny spend on it and without a doubt they will find their way out.
They were unresponsible not letting us know but at least now we know why.
Thanks to the IR guy who probably found whom to talk to today and got the news out.
Will see but honestly i hpe the best for VEI.
UPDATE VEI
UPDATE ON VEI
THE FOLLOWING ONLY REFECTS MY OPINIONS ON THE ACTUAL SITUATION WITH VEI (verb exchange) AS AN INVESTOR. I COULD BE TOTALLY WRONG BUT UNFORTUNATELY THEY (VEI) DECIDED NOT TO COMMENT OR MAYBE THEY CANNOT FOR CONFIDENTIALITY REASONS. AS A DISCLOSURE I STILL OWN A GOOD CHUNK OF VEI.
Well, some weeks ago this was the gamble of the year but as time goes by, i think it went very bad to the point it could be totally worthless.
I tried to get in touch with somebody at VERB and there are many phone numbers to try but with limited success (604-684-4105 604-685-8363 604-684-4115). Their automated system on the 1-866-824-2273 numbers for Tabrio will transfer you to the receptionist and then to Joel their IR person when you mention Verb Exchange. At least there is still 1 employee working at Tabrio. In the past it was Arlen Hansen but I think she is actually on a leave of absence.
He was kind enough trying to explain that he does not know anything about VEI actually and that they are not getting anything to rely upon from Verb Exchange. In the past they were getting updates on a timely manner but since December 2009 nothing as surfaced form VEI.
I also told him that many rumours about bankruptcy or closing were circulating and his answer was stunning: (quote) I have not heard anything about that YET...(end quote)
I even think he was a bit embarrassed by this situation. Definitely not the problems IR are used to face…
I even sent them (the IR dept) this article for review (this is why I decide to postponed until 5 pm to give them enough time to answer if they wanted to but got no news from them (at least some weeks ago they would reply). This lead me to presume that I may not know anything more than they do about VEI but at least nothing written here is false or inaccurate.
The phones lines are still working (automated one…) and Tabrio site is still active and they still have a receptionist.
But the main site is down, all links from internet are down and nobody seems to be aware of that. Are you telling me that an operating company would not know that their main site is down since 3 days??? (it finally got back to life today at 2:00pm sometimes after my call)
To me that does not make sense and it all seems like a closure of that company or at best maybe, just maybe Tabrio was sold explaining why it is still active. If that was the case (some kind of merger) that could probably be the best news we could hope for and would fix the financing problem.
Just the way it has been done, the absence of communication (we are in 2010) and this lack of transparency are unacceptable from an international company and have nothing to do with size but professionalism.
If something went wrong, let us know and then we can make our own opinion and decide thereafter on what to do. It would not be the first time that any corporation has problems and it would not be the last time. But at least we deserve the right to know what is happening.
They were a lot more communicative when it was the time to refinance than it is today and whatever is happening, it will leave a bad taste in the investors’ community.
We as investors have the right to know what is going on and I am sure that a transaction halt should been put in place to protect investors that could be tempted to gamble on this stock.
We all need an explanation and need it now.
When times are difficult for any given company, it is the time to let shareholders know. A simple news release stating that they were working on a solution to fix actual problems would have been sufficient. The lack of any communication opens the door to rumours (bad or good) and is never a good idea.
I must admit that no news is sometime the greatest news and even if I think they are dealing with refinancing issues from within, 14 weeks without any update is more than enough.
So VEI, it is time to explain the problems and the outcome.
I may be totally wrong but based upon what can be seen, It was the gamble of the year and now it looks more like a black hole and that is the reason why VEI will be removed from my gamble of the year page today!
Whenever we get the deserved info I will kindly review and post accordingly.
THE FOLLOWING ONLY REFECTS MY OPINIONS ON THE ACTUAL SITUATION WITH VEI (verb exchange) AS AN INVESTOR. I COULD BE TOTALLY WRONG BUT UNFORTUNATELY THEY (VEI) DECIDED NOT TO COMMENT OR MAYBE THEY CANNOT FOR CONFIDENTIALITY REASONS. AS A DISCLOSURE I STILL OWN A GOOD CHUNK OF VEI.
Well, some weeks ago this was the gamble of the year but as time goes by, i think it went very bad to the point it could be totally worthless.
I tried to get in touch with somebody at VERB and there are many phone numbers to try but with limited success (604-684-4105 604-685-8363 604-684-4115). Their automated system on the 1-866-824-2273 numbers for Tabrio will transfer you to the receptionist and then to Joel their IR person when you mention Verb Exchange. At least there is still 1 employee working at Tabrio. In the past it was Arlen Hansen but I think she is actually on a leave of absence.
He was kind enough trying to explain that he does not know anything about VEI actually and that they are not getting anything to rely upon from Verb Exchange. In the past they were getting updates on a timely manner but since December 2009 nothing as surfaced form VEI.
I also told him that many rumours about bankruptcy or closing were circulating and his answer was stunning: (quote) I have not heard anything about that YET...(end quote)
I even think he was a bit embarrassed by this situation. Definitely not the problems IR are used to face…
I even sent them (the IR dept) this article for review (this is why I decide to postponed until 5 pm to give them enough time to answer if they wanted to but got no news from them (at least some weeks ago they would reply). This lead me to presume that I may not know anything more than they do about VEI but at least nothing written here is false or inaccurate.
The phones lines are still working (automated one…) and Tabrio site is still active and they still have a receptionist.
But the main site is down, all links from internet are down and nobody seems to be aware of that. Are you telling me that an operating company would not know that their main site is down since 3 days??? (it finally got back to life today at 2:00pm sometimes after my call)
To me that does not make sense and it all seems like a closure of that company or at best maybe, just maybe Tabrio was sold explaining why it is still active. If that was the case (some kind of merger) that could probably be the best news we could hope for and would fix the financing problem.
Just the way it has been done, the absence of communication (we are in 2010) and this lack of transparency are unacceptable from an international company and have nothing to do with size but professionalism.
If something went wrong, let us know and then we can make our own opinion and decide thereafter on what to do. It would not be the first time that any corporation has problems and it would not be the last time. But at least we deserve the right to know what is happening.
They were a lot more communicative when it was the time to refinance than it is today and whatever is happening, it will leave a bad taste in the investors’ community.
We as investors have the right to know what is going on and I am sure that a transaction halt should been put in place to protect investors that could be tempted to gamble on this stock.
We all need an explanation and need it now.
When times are difficult for any given company, it is the time to let shareholders know. A simple news release stating that they were working on a solution to fix actual problems would have been sufficient. The lack of any communication opens the door to rumours (bad or good) and is never a good idea.
I must admit that no news is sometime the greatest news and even if I think they are dealing with refinancing issues from within, 14 weeks without any update is more than enough.
So VEI, it is time to explain the problems and the outcome.
I may be totally wrong but based upon what can be seen, It was the gamble of the year and now it looks more like a black hole and that is the reason why VEI will be removed from my gamble of the year page today!
Whenever we get the deserved info I will kindly review and post accordingly.
UPDATE VEI
Expect an update today after 5:00 pm on the status of VEI and the answers i got from their IR.
AS OF NOW I AM NOT AWARE OF ANY CHANGES.
AS OF NOW I AM NOT AWARE OF ANY CHANGES.
ALERT DAN
DAN just hit another 52 weeks high and expect a close over 12,35$ removing past resistance.
Next resistance level is around 12,95$
Next resistance level is around 12,95$
ALERT PXLW
Even with a good selloff on the market this morning, PXLW did stay relatively stable. Could be a good occasion to buy on the dip as market is now stabilized and i expect a run up to 4,95$ either today or tomorrow.
ALERT ETFC
New CEO appointment could mean a dip from 5-10% in early trading as it will eliminate rumors of take over. Good time to buy around 1,46-1,49 as this company will turn around and rumors will start again soon.
ALERT TVI
Like Friday, ask are building but this time at a greater speed. Unless somebody throw a rock in the water, this could be the day that TVI start it's long awaited upward leg and maybe the last opportunity to buy under 0,12
dimanche 21 mars 2010
ALERT VEI
Hold your breath as i think what i have called the gamble of the year may have another problem or simply shutdown. I tried to get confirmation from people i know in the brokerage business but nobody have seen anything anywhere and as mentionned on some forums any knid of restructuration, rollback or dilution would have been made public as it happenned.
Their website is down and cannot get any answers on phone, links or investor relations. As far as i am aware, the web site was still operating on friday. So something happenned recently.
If that is the case, well game is over BUT i would not sell those shares right now as maybe, just maybe something else is brewing or it could be a computer glitch. Their application Tabrio is still load correctly and installing properly. So if business had been closed, you would not be able to download from their autorized servors.
There were no reports filed with SEDAR regarding any bankruptcy filings, going concerns problem or else.
Will have to wait on early monday to find out more. There was no stock halt either meaning that the company is still in business and could be nothing more than a office move.
All in all it does not seems to be right...but it seems like that for the past 3 months. Expect a new release early monday if is over and if not there is something going on for sure.
One interesting point to mention is the volume of friday where over 400,000 shares moved on the ask side meaning that there were buyers and even if money involved was minimal, normally when a business goes out, this should have been the opposite where shares would have moved on the bid side. Very curious.
Maybe somebody knows something but in all case, if you bought shares at 0,025 or 0,03 and bought a small qty (as you should have done...it was a gambling) you may not encounter a huge losse even if they were to go totally worthless. At that price, let's see how it will unfold next but definitely not a good time to buy more.
For the moment it is a HOLD not a sell.
Hang on to it
Their website is down and cannot get any answers on phone, links or investor relations. As far as i am aware, the web site was still operating on friday. So something happenned recently.
If that is the case, well game is over BUT i would not sell those shares right now as maybe, just maybe something else is brewing or it could be a computer glitch. Their application Tabrio is still load correctly and installing properly. So if business had been closed, you would not be able to download from their autorized servors.
There were no reports filed with SEDAR regarding any bankruptcy filings, going concerns problem or else.
Will have to wait on early monday to find out more. There was no stock halt either meaning that the company is still in business and could be nothing more than a office move.
All in all it does not seems to be right...but it seems like that for the past 3 months. Expect a new release early monday if is over and if not there is something going on for sure.
One interesting point to mention is the volume of friday where over 400,000 shares moved on the ask side meaning that there were buyers and even if money involved was minimal, normally when a business goes out, this should have been the opposite where shares would have moved on the bid side. Very curious.
Maybe somebody knows something but in all case, if you bought shares at 0,025 or 0,03 and bought a small qty (as you should have done...it was a gambling) you may not encounter a huge losse even if they were to go totally worthless. At that price, let's see how it will unfold next but definitely not a good time to buy more.
For the moment it is a HOLD not a sell.
Hang on to it
vendredi 19 mars 2010
ALERT TVI
If bids continues like it is now, we could have a great day. Best number of bids since many weeks. We may finally get rid of some traders here
lundi 15 mars 2010
alert PXLW
New 52 week high on low to moderate volume.
Expect a small transition period then another leg up to test 5,50$ mark
Expect a small transition period then another leg up to test 5,50$ mark
ALERT DAN
Base now well established 11,70$. Expect a 12,00$ retest today and this one could be successful.
ALERT ETFC
Looking at call option for April 17th 2010, there are more than 290,000 call contracts on ETFC between 2,00$ and 3,00$.
Could that many investors be wrong ? The cost are between 0,01 and 0,03 and can be seen as a slot machine BUT who will throw away money knowing it will not work???
Personnally, if i was to gamble on these options, i would go with the 3$ october 16 2010 for 0,04 per share as it allow a lot more time.
Still for ETFC, the low's are now higher and the high's lower and this stock will find it's way either side rapidly. I think right after options expire on march 20th, there will be a rapid move.
Could that many investors be wrong ? The cost are between 0,01 and 0,03 and can be seen as a slot machine BUT who will throw away money knowing it will not work???
Personnally, if i was to gamble on these options, i would go with the 3$ october 16 2010 for 0,04 per share as it allow a lot more time.
Still for ETFC, the low's are now higher and the high's lower and this stock will find it's way either side rapidly. I think right after options expire on march 20th, there will be a rapid move.
ALERT TVI
Unless it changes rapidly after opening, bids are now growing rapidly.
Everybody knows that final 2009 will be release next week and if there are no surprises there, the 'going concern' could be removed due to super performance over the last 4 quaters (including Q1 2010 )
Also in the making is the next shipment planned for end of march that could bring another 9M$ in revenu. If that was to be, it would mean another record breaking profit for TVI.
If you are not in yet, it may well be the last time you can afford to buy TVI at 0,10 (the last time that i mentionned that TVI was at 0,06 and have almost double since then.
Everybody knows that final 2009 will be release next week and if there are no surprises there, the 'going concern' could be removed due to super performance over the last 4 quaters (including Q1 2010 )
Also in the making is the next shipment planned for end of march that could bring another 9M$ in revenu. If that was to be, it would mean another record breaking profit for TVI.
If you are not in yet, it may well be the last time you can afford to buy TVI at 0,10 (the last time that i mentionned that TVI was at 0,06 and have almost double since then.
vendredi 12 mars 2010
ALERT PXLW
This morning was a profit taking morning and is now followed by a consolidation phase at yesterday level. That is very bullish and i expect a test of the highs of 4.85 either today or early next week.
Very very good for PXLW shareholders...
Very very good for PXLW shareholders...
ALERT DAN
DAN seems to have overcomed the 12,05$ resistance. Expect a retest of 12,30$-12.50$ today.
If close over 12,50$ today, expect another leg up to 13,05$ early next week.
If close over 12,50$ today, expect another leg up to 13,05$ early next week.
jeudi 11 mars 2010
ALERT TVI
Check carefully the selling pressure showing some ease. We can see that the ASK are getting a bit smaller and the bids a bit higher in quantity.
Actually one good indicator is the number of shares available between 0,10 and 0,145 and whenever that quantity will be reduced by half (actually about 4 millions shares available at opening) to less than 2 M shares, OR if the major qty of ask start moving up by a couple of half penny, this will be the signal to get in.
Just be careful about big orders coming in and disapearing rapidly (thanks to day traders...)
Actually one good indicator is the number of shares available between 0,10 and 0,145 and whenever that quantity will be reduced by half (actually about 4 millions shares available at opening) to less than 2 M shares, OR if the major qty of ask start moving up by a couple of half penny, this will be the signal to get in.
Just be careful about big orders coming in and disapearing rapidly (thanks to day traders...)
ALERT SSS
If stock price stays over 0,32 today, expect a leg up to 0,41 within the next 10 days without any other major news release.
Any news release that would imply a new partnership could send this stock to over 1$
Any news release that would imply a new partnership could send this stock to over 1$
lundi 8 mars 2010
WELCOME TO MPEL on my top list for 2010
After removing MB recently, and looking at results from LVS in the casino business, i decide to explore MPEL a leading competitor in this business in Macau.
Based on the facts that MPEL and LVS will compete for the samecustomers, i reduced the holdings on LVS and bought MPEL as the play in % could be more interesting: to double LVS had to climgb to 35$ with 660M shares but MPEL has only to get to 9$ with 443M shares.
A bit less and i think they will profit more rapidly than LVS.
Expect a more complete analysis within 10 days to explain the how's i conclude that MPEL will be well over 200% gains this year.
Based on the facts that MPEL and LVS will compete for the samecustomers, i reduced the holdings on LVS and bought MPEL as the play in % could be more interesting: to double LVS had to climgb to 35$ with 660M shares but MPEL has only to get to 9$ with 443M shares.
A bit less and i think they will profit more rapidly than LVS.
Expect a more complete analysis within 10 days to explain the how's i conclude that MPEL will be well over 200% gains this year.
ALERT BPOP
BPOP is now ready to have a good leg up IF it stays over 2,20$ this morning on some good volume.
The mood in the bank sector is improving constantly and expect a rally soon. Time to get in gradually.
The mood in the bank sector is improving constantly and expect a rally soon. Time to get in gradually.
jeudi 4 mars 2010
ALERT OCNF
With today's volume and price increase, OCNF should now be considered as out of the woods. Next resistance level is 0,99 and next buy signal is now.
When 1,00 is passed on good volume (over 1,5M) then expect a rally to 1,25$ then 1,75$.
Remember they only have 125M shares so rally can be very rapid.
Expect always a 8-10% retrace after hitting their resistance level.
When 1,00 is passed on good volume (over 1,5M) then expect a rally to 1,25$ then 1,75$.
Remember they only have 125M shares so rally can be very rapid.
Expect always a 8-10% retrace after hitting their resistance level.
ALERT DAN PXLW
We may experience a dip today where it could must probably be the calm before the surge...
IF low volume mid day ( less than 1M shares for DAN and less than 300K or PXLW) and volume is down about 5% WITHOUT significant news, then it could well be the right time to get in again and grab some more.
Expect another test for DAN at 12,30 to 12,50 soon and expet a retest of 4,85$ to 4,99$ for PXLW also in the next couple of days.
Some resistance for DAN at 12,05$ and for PXLW at 4,68$
IF low volume mid day ( less than 1M shares for DAN and less than 300K or PXLW) and volume is down about 5% WITHOUT significant news, then it could well be the right time to get in again and grab some more.
Expect another test for DAN at 12,30 to 12,50 soon and expet a retest of 4,85$ to 4,99$ for PXLW also in the next couple of days.
Some resistance for DAN at 12,05$ and for PXLW at 4,68$
mercredi 3 mars 2010
ALERT DAN
DAN is getting ready to rettest it's high 52 either today or tomorrow depending of general market news.
Good day to buy on early dip this morning (if there is any) as next stop is 12,50$.
If it's hold ther for 2-3 days then expect another long leg up to 14,25$ within 10 days.
Good day to buy on early dip this morning (if there is any) as next stop is 12,50$.
If it's hold ther for 2-3 days then expect another long leg up to 14,25$ within 10 days.
mardi 2 mars 2010
ALERT PXLW
PXLW has broken the 52 weeks hight then retreated a bit thereafter.
This company share will now be an explosive device ready to rocket.
Next resistance level are 5,88$, 9,96$ and then get ready to rock an roll:16,00$, 18,05$, 25,03$
Sounds too optimistic: if you have some $$$ to invest for the long run, it is now time to get in or wait for my next opportunity !
This company share will now be an explosive device ready to rocket.
Next resistance level are 5,88$, 9,96$ and then get ready to rock an roll:16,00$, 18,05$, 25,03$
Sounds too optimistic: if you have some $$$ to invest for the long run, it is now time to get in or wait for my next opportunity !
lundi 1 mars 2010
ALERT ETFC
ETFC has been on the rise for the past 4 days and this time the rise is not sudden but constant day after day. That makes a huge difference as it does not seems to climb based upon rumors.
Finally the market could have discover the real value of this company and this being the case, expect another good run of about 0,10 to about 0,20 within a couple of weeks.
The raise would not be as rapid as PXLW or DAN due to the fact that ETFC has 1,92B shares.
But expect another leg up if market opens higher tomorrow.
Finally the market could have discover the real value of this company and this being the case, expect another good run of about 0,10 to about 0,20 within a couple of weeks.
The raise would not be as rapid as PXLW or DAN due to the fact that ETFC has 1,92B shares.
But expect another leg up if market opens higher tomorrow.
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