Thursday, October 26, 2017

DRYS Don Wolanchuk 12x Dry Ships Gain Possible

This morning when I woke up I read that Don Wolanchuk was recommending Dry Ships (ticker DRYS) again with a "likely target" of $60 from its $5 per share price.

Recall this is $5 after massive reverse splits since I first saw he recommended it in 2009



DRYS Split History (From Yahoo! finance)
Splits:  1/(25x4x15x8x4x5x5x7) = 1/420,000 !!!
--------------------------------------------------------------
03/06/16 - 1/25 Reverse stock split
08/14/16 - 1/4   Reverse stock split
10/30/16 - 1/15 Reverse stock split
01/22/17 - 1/8   Reverse stock split
04/09/17 - 1/4   Reverse stock split
05/07/17 - 1/5   Reverse stock split
06/25/17 - 1/5   Reverse stock split
07/16/17 - 1/7   Reverse stock split

DRYS has falling quite a bit since his last recommendation to buy in July 2015.
 From our July 2, 2015 article: Don Wolanchuk Dry Ships DRYS Falling Knife Advice


Last year (see links below) he attempted to call bottoms again at $3.30 and $1.51. 

Now at sixty cents, he's taking another shot at calling the bottom.
(Some of ) Don Wolunchuk's Prior DRYS Calls:
Also see:
Thursday, February 05, 2009
DRYS: DryShips Inc. (Nasdaq)
Well known market timer, Don Wolanchuk, likes Dry Ships (DRYS on the NASDAQ exchange) as a high octane (high risk) stock to take advantage of a bull market rally he expects.


end

Thursday, July 2, 2015

Don Wolanchuk Dry Ships DRYS Falling Knife Advice

Silicon Investor's self proclaimed market timing guru continues to show how not to catch falling knives.   DRYS is down over 90% since Wolanchuk predicted more than a double from $7 back in 2009.

Last year (see links below) he attempted to call bottoms again at $3.30 and $1.51.

Now at sixty cents, he's taking another shot at calling the bottom.
Don Wolunchuk's Prior DRYS Calls:
Also see:
Thursday, February 05, 2009
DRYS: DryShips Inc. (Nasdaq)
Well known market timer, Don Wolanchuk, likes Dry Ships (DRYS on the NASDAQ exchange) as a high octane (high risk) stock to take advantage of a bull market rally he expects.
Don's recent comments about DRYS:
  • Feb. 2: @ ~$5 thats one very boolish looking chart....3 gap play on the decline 2 eh...........thanks
  • Feb 4, 2009 @~ $7: lookin at the chart im thinkin 15 to 20 will be here this month.....
Do you think he's right this time?

Short link to this post: http://tinyurl.com/WolanchukDRYS

Tuesday, March 4, 2014

GASE Great East Energy Inc

Beware another stock being promoted by paid mailers.  Always run when they type the disclosure so small you can't easily read it.


 Frank Baldoria of  "Frank's Penny Stocks" admits in his promotion that he took money to promote this stock.  He recommended it near the high at 65¢ and today it is at an all-time low of 48¢



 News hinting of huge future gains


while the disclosure says it is nothing more than a paid advertisement.  

 

This is little different than a late night used car TV ad with the promoter making noise and promising great deals on used cars.  In this case, it is used stock certificates.






Saturday, November 10, 2012

Wolanchuk: SELL VLNC & BUY PEIC

Posted on Silicon Investor:
To: gastrodoc who wrote (69760)
11/10/2011 12:18:37 PM
From: da_cheif™ post #69761
i would switch to peix.....even swap



Looks like a market moving call in PEIX!

Sunday, May 15, 2011

Stock Market Price Earnings (PE) Ratio Graph

This chart shows the S&P500 PE (Price Earnings) Ratio over times. As a result of the recent surge in corporate earnings, the PE ratio has dropped to a level that has rarely existed over the past two decades.

Friday, April 29, 2011

Inflation Adjusted Gasoline Prices

Chart of Inflation Adjusted Gasoline Prices

This graph of
Inflation Adjusted Gasoline Prices shows that the only time when gasoline prices were higher than today was during a brief three-month period in mid-2007, just prior to the Great Recession.

Tuesday, June 8, 2010

Calling ARMH "the next Intel" Jim Cramer Likes Arm Holdings

After ARM Holdings develops the Market will Intel Swoop In for the Spoils?

Yesterday on Jim Cramer's Mad Money TV Program Cramer called Arm Holdings (ARMH Charts) "the next Intel" (INTC Charts) because its microprocessors are more energy efficient than Intel's. Cramer said ARMH is in 95% of all smartphones and MP3 players. Jim said Arm gets 75¢ in royalties for every iPad sold which makes it a great play on Apple (AAPL Charts).


Read the rest of the article at

More information:
Since 12/31/98 "Kirk's Newsletter Explore Portfolio" is UP 152% (a double plus another 52%!!) vs. the S&P500 UP a tiny 1.4% vs. NASDAQ  down 3.8%!!!   (All through 6/30/10)



In 2009, "Kirk's Newsletter Explore Portfolio" gained 33.5% vs. the DJIA up 18.8%

For 2010, as of 7/13/10, the explore portfolio is up 2.1% YTD
vs. DJIA 
down 0.6% vs. S&P500 down 0.9%!

Subscribe NOW and get the Current Month for FREE!
(Just ask and mention this ad for the free issue)

Your 1 year, 12 issue subscription will start with next month's issue.

    Monday, April 27, 2009

    Swine Flu Stocks

    This is a list of stocks that could profit on the swine flu scare.

    Our first choice is NanoViricides (NNVC Charts & Stock Quote) which says its Flu-Cide drug is designed to destroy All influenza A viruses including swine and bird Flu.

    For more, read Kirk Lindstrom's article:
    Swine Flu Cure: NanoViricides Flu-Cide Drug Designed to Destroy Influenza A Viruses

    NanoViricides"Flu-Cide" is a cure, not a vaccine. NanoViricides stock did quite well a few years ago during a bird-flu scare when I bought my first shares at $1.01 and took profits at $2.80. See below for long-term chart showing how it surged t0 $3.75 during the 2006 Bird Flu scare. After NNVC came back to Earth after that scare, I started accumulating shares in "Kirk Lindstrom's Investment Letter Explore" (FREE Sample Issue) and personal portfolios to load up for the next run.

    From All Allan
    Friday's market cap and close:

    NNVC $98M.....$0.80
    NVAX $98M.....$1.42
    SVA $84M......$1.97
    AVII $76M.....$0.89
    BRCX $85M.....$2.26
    7 Top Stocks from StockRake
    BCRX, DVAX, GNVC, HEB, INSM, NVAX and SVA
    From OTC Investor
    Linkwell Corporation (LWLLE.OB: 0.14 +180.00%) shares moved up more than 250 percent on speculation that demand for disinfectant products could rise in China. The company is the number one producer of disinfectants with 56 product lines in China, but still controls just a fraction of the $6.25 billion market. Investors are betting that the swine flu outbreak will generate demand for disinfectants in China and around the world.

    NanoViricides Inc. (NNVC.OB: 1.05 +31.25%) shares jumped more than 40 percent after it re-announced the development of its flu drugs. The company’s FluCide drug has reportedly been effective in targeting two key flu strains in animal testing, but the drug still has yet to go through FDA drug trials in order to be sold commercially. However, investors seem bullish that this drug will reshape the market for flu drugs when it is released.

    MultiCell Technologies, Inc. (MCET.OB: 0.0124 +24.00%) shares surged more than 50 percent as investors seemed to recall its past press releases focused on the avian flu. The press release, dated October 21, 2005, announced pre-clinical test results showing positive results for H1N1 flu strains – the same strain as the swine flu. Shareholders are bullish that the company’s toll receptor technology will be able to show similar effectiveness with the swine flu.

    Kiwa Bio-Tech Products Group Corporation (KWBTE.OB: 0.0025 +212.50%) shares jumped more than 200 percent as investors recalled its past work with the avian bird flu. A few years ago, the company formed a joint venture to develop Kiwa’s AF-01 anti-viral preventative for avian flu. Investors are bullish on the drugs future prospects, despite the fact that the company only intended to develop it to target animal holding facilities to treat animals.
    For commentary and Kirk Lindstrom current outlook for NNVC, read "Kirk's Investment Newsletter"

    "Kirk Lindstrom's Investment Letter Explore Portfolio" gained 33.5% in 2009 with 75% in equities and 25% fixed income with an overall portfolio beta of 1.0. For 2009, the DJIA gained 19.2% and Warren Buffett's BRKA only gained 2.4% (FREE Sample Issue)


    NNVC PRICES

    DateClose
    $
    Volume
    24-Apr-090.80206,600
    23-Apr-090.6826,900
    22-Apr-090.7086,600
    21-Apr-090.73240,500
    20-Apr-090.6040,300
    17-Apr-090.6059,400
    16-Apr-090.6021,500


    Since 12/31/98 "Kirk's Explore Portfolio" is UP 159% (a double plus another 59%!!) vs. the S&P500 UP a tiny 8.6% vs. NASDAQ UP a tiny 3.5% (All through 12/31/09)


    "Kirk Lindstrom's Investment Letter"
    HURRY! Subscribe NOW and get the Current Month Issue for FREE! !
    (Just mention this advertisement and I will start your 1 year, 12 issue subscription with the next month's issue.)

    Friday, June 27, 2008

    Jim Cramer Advice "The Flip-Flop that Ought to be Illegal"

    Jim Cramer was quite bullish for beaten down sectors a couple of weeks ago including home builders. ON Friday June 13 he said to BUY banks and Retailers. A week later, on Friday June 20 2008, he said if you bought them you're not listening.

    He also said to avoid oil and oil related stocks. A week later on June 20th these oil related stocks were up and he said to keep buying what was working so far. He seemed to take credit for "the petroleum complex" as "the ONLY green in a sea of red."

    Video Title: "The Flip-Flop that Ought to be Illegal"



    Huh? How does one follow this sort of "advice?

    CNBC Bonus Bucks Trivia Answers

    Daily answers posted at CNBC Bonus Bucks Trivia Answers

    Here are today's questions and answers so far:

    Squawk Box Question:
    Print’s not dead at CNBC! Name the editor of CNBC.com’s new “Bullish on Books” blogger.
    Answer: Gloria McDonough-Taub

    Squawk on the Street Question: In Fast Money’s Web Extra segment “Najarian?s Sweet Trade” which food & beverage purveyor did Pete Najarian praise?
    Answer: McDonald’s

    The Call Question: In the CNBC.com feature “Shorting Stocks Could Be Way to Play This Market” which strategist predicted “one ugly decline”?
    Answer: Kathy Boyle

    Power Lunch Question: In the slideshow “Lifestyles of the Super Rich” how much do the swank Christian Louboutin pumps go for?
    Answer: $2,500

    .

    Monday, May 12, 2008

    CNBC Bonus Bucks Trivia Answers

    ForBestAdvice.com has the "Bonus Bucks" trivia answers to the daily and weekly questions asked on CNBC's "Million Dollar Stock Portfolio Challenge"

    For example:

    • The Call Question 5/12/08: On Monday, April 28, James Altucher of Formula Capital recommended which food-inflation trade to CNBC viewers?
      .
    • Answer: Sadia
    Nice web site: World Market Graphs at a glance

    Monday, April 28, 2008

    Don Wolanchuk's Top Picks

    Don Wolanchuk posted his top picks today on Silicon Investor.
    4/28/2008 at 9:10:06 PM EST
    From: da_cheif™

    to da moon......best picks.....vlnc mvis mosy sybd gt f gt bid
    Past Year Performance:

    Past 2 months


    Next Year Performance


    More at facebook's Don Wolanchuk discussion forum at "Investing for the long term."

    Monday, April 14, 2008

    QPC Lasers is Bill Mathews' Top Tech Stock for 2008

    What does Bill Mathews see in QPC (QPCI) lasers? I recently received in the US mail a 20 page color advertisement for a $149 a year newsletter from Bill Mathews. The majority of the advertisement for the newsletter talks about QPC Laser, Inc. his "#1 Technology Stock for 2008."

    I sell a newsletter (Kirk Lindstrom's Investment Newsletter) and would never want to stake my reputation on a single penny stock that had been in a long term down-trend. Also, I have never been paid by anyone to give away my top stock pick for free (without subscribing) so I was quite interested to see why a competitor would do this at what must have been a very high price for the mailing.

    Here is a chart for QPC Laser, Inc:

    Click chart courtesy of Stockcharts.com to view it full sized

    At today's price of $0.84, QPCI is up significanty from the listed date of the profile in the mailing.

    The 20 page "advertisement" gives the following information for QPC:

    • Current Price (as of 3/14/08) $0.54
    • Low Projection $1.50
    • High Projection $2.50

    I got the advertisement last week or "in early April."

    You can see on the graph that QPC was already up about 50% since the advertised "recommendation" at $0.54. This sort of momentum often attracts more buyers. For penny stocks, often someone pays to pump a low priced stock at a low price so the "pumpers" can dump their shares into the buying frenzy. I am NOT saying this is the case here, but I would want to know more before buying any shares.

    If this stock is his top technology stock for 2008, then why is Bill Mathewes giving the pick away for free before you pay him for a subscription? Reading the "disclaimer in fine print" on page 17 of this 20 page advertisement, I found the following:

    Disclaimer: The CHEAP Investor (Bill Mathews' newsletter) is an independent paid circulation newsletter. This mailing piece is a solicitation for subscriptions. This company was chosen to be profiled after The CHEAP Investor completed due diligence on the company. The CHEAP Investor received twenty thousand dollars ($20,000) as an editorial fee and expects to generate new subscriber revenue, the amount of which is unknown at this time. CDMG, the marketing vendor, participated in writing and publishing this report. QPCI, the issuer, paid $559,434.97 to the marketing vendor, to pay for all the costs of creating and distributing this report including printing and postage in an effort to create awareness about this company.
    This is not a typo. The mailed advertisement says QPCI paid $559,434.97, over half a million dollars, to the marketing vendor to "market" the stock!

    I also found this online at one of the links given in the mailing:

    Disclaimer: The CHEAP Investor (Bill Mathews' newsletter) is an independent paid circulation newsletter. This online report is a solicitation for subscriptions. This company was chosen to be profiled after The CHEAP Investor completed due diligence on the company. The CHEAP Investor received twenty thousand dollars as an editorial fee and expects to generate new subscriber revenue, the amount of which is unknown at this time. CDMG, the marketing vendor, participated in writing and publishing this report. QPCI, the issuer, paid thirteen thousand, eight hundred dollars to the marketing vendor, to pay for all the costs of creating and distributing this report online in an effort to create awareness about this company. The marketing vendor holds no securities of the company, and intends to not acquire any securities of the company. This publication does not provide an analysis of a company’s financial position. QPCI’s financial position and all other information regarding QPCI should be verified with the company. Information about many publicly traded companies and other investor resources can be found at the Securities and Exchange Commission’s website at www.sec.gov. This online report should not be construed as investment advice. Investing in securities is speculative and carries risk. It is recommended that any investment in any security should be made only after consulting with your investment advisor and only after reviewing all publicly available information, including the financial statements of the company. This online report is not intended to be, nor should it be construed as, an offer to sell or a solicitation of an offer to buy securities. The CHEAP Investor presents information in this report believed to be reliable, but its accuracy cannot be guaranteed.
    How many subscriptions at $149 will Bill Mathews have to sell to equal what he was paid to profile QPC?
    • $20,000 fee / $149 per new subscription
    • 134

    According to Yahoo! Finance, QPC Lasers, Inc. has the following fundamentals at $0.84 per share:

    • Market Cap $32.5M
    • EPS -$0.251
      It lost 25¢ a share in the last year.
    • Revenue $9.93M
    • Debt $12.1M
    • Book Value -$0.261

    Major Holders according to Yahoo! Finance

    • UNGAR JEFFREY 3,832,060 as of 18-Sep-07
    • FINISAR CORP 3,784,778 shares as of 10-Mar-08

    At first glance, you might think Finisar (FNSR) being an owner is good for the stock, but perhaps Finisar got in at the ground floor before the company went public at pennies per share. If you check the list of insider selling for QPC Lasers, Inc. you quickly find that Finisar has been selling shares over the last year between $0.41 and $1.25 per share with the most recent sale of nearly 2M shares at $0.41 per share.


    If one of the leading fiber optics companies and the number two shareholder has sold a significant number of shares and QPC Lasers felt a good use of $559,434.97 was to market the company rather than hire some engineers, then I would not be a buyer of QPCI here at $0.84 unless you use a very tight stop loss and be very wary of a possible "pump and dump" scheme.

    Disclaimer. I personally own and recommended Finisar in "Kirk Lindstrom's Investment Newsletter" where I buy and sell it around a core position

    Monday, March 17, 2008

    Jim Cramer on Bear Stearns Tuesday March 11

    Tuesday with BSC at $62.97, Jim Cramer took a call from a viewer asking about Bear Stearns liquidity problems. This was his reply.

    • Caller Question: Should I be worried about Bear Stearns in the terms of liquidity and get my money out?
      .
    • Jim Cramer: NO! NO! NO! Bear Stearns is fine. DO NOT take your money out.

    (See the video of Jim giving this advice below the BSC chart.

    Currently at 11:29AM ET: BSC is $4.16, down $25.84 or 86.13%





      Date Open High Low Close Volume Adj Close*
      14-Mar-08 54.24 54.79 26.85 30.00 186,885,800 30.00
      13-Mar-08 57.64 58.60 50.48 57.00 70,720,800 57.00
      12-Mar-08 65.50 67.82 61.35 61.58 26,803,300 61.58
      11-Mar-08 68.02 68.24 55.42 62.97 54,966,600 62.97
      10-Mar-08 70.28 70.59 60.26 62.30 32,465,300 62.30
      07-Mar-08 68.71 73.00 68.30 70.08 8,034,400 70.08


    .
    Not even an "Oops, I was wrong" from Cramer on Friday's Mad Money.

    I respect Jim for trying to teach people about diversification, but the idea has any more of a clue what is going on with stocks than anyone else is wrong.

    .

    Sunday, March 16, 2008

    J.P. Morgan Chase buys Bear Stearns for $2 a share

    Tonight, Sunday March 16, 2009, J.P. Morgan Chase announed a deal to buy Bear Stearns (BSC) for $2 a share in a stock-swap transaction that values BSC at just $236 million. On Friday March 14 Bear Stearns closed at $30 a share, down $27 or 47% from Thursday after it announced it had liquidty issues.

    At Friday's closing price of$30 per share, BSC was supposed to have a book value of $84 a share.

    For a financial company that charges others to manage risk to fall from a high of $170 to $2 a share in just over a year is simply amazing.

    Think of all the people who trusted people at Bear Stearns to manage their money... and the company couldn't manage its own risk as a going concern!

    One word: Pathetic!

    At Friday's Closing price of $30 per share, Bear Stearns had the following key statistics as listed by Yahoo! finance:

    Market Cap: $4.08B
    Trailing P/E (ttm, intraday): 19.70
    Forward P/E (fye 30-Nov-09) 1: 3.34
    PEG Ratio (5 yr expected): 0.45
    Price/Sales (ttm): 1.31
    Price/Book (mrq): 0.68

    Bogus Balance Sheet Numbers:
    Total Cash (mrq): 266.94B
    Total Cash Per Share (mrq): 1,960.529
    Total Debt (mrq): 229.46B
    Total Debt/Equity (mrq): 19.457
    Current Ratio (mrq): 1.17
    Book Value Per Share (mrq): 84.03


    RIP

    Thursday, February 28, 2008

    Don Wolanchuk Likes MoSys Inc. (MOSY)

    Noted Guru Don Wolanchuk likes Sunnyvale California's MoSys Inc. (MOSY)

    One large reason Don cites for his excitement for the stock is Silicon Valley billionaire Carl Berg has been on the list of insiders buying recently.

    MOSY Fundamentals:
    • No Earnings.
      Net Income Avl to Common (ttm): -$8.52M
    • Revenue (ttm) = $14.33M
    • Market Cap at $4.74 = $152M
    • Cash per share $2.023
    • Price to Book = 1.50
    • Price to Sales = 10.11

    MOSY Background from Yahoo! Finance:

    • MoSys, Inc. designs, develops, markets, and licenses memory technologies used by semiconductor industry and electronic product manufacturers in North America, Asia, and Europe. The company offers 1T-SRAM, a semiconductor memory technology, to companies that incorporate, or embed memory on complex integrated circuits, such as system-on-chips. MoSys offers its technology to semiconductor companies, electronic product manufacturers, foundries, intellectual property companies, and design companies through product development, technology licensing, and joint marketing relationships. The company was founded in 1991. It was formerly known as Monolithic System Technology, Inc. and changed its name to MoSys, Inc. in 2006.

    Insider Buy List

    • 25-Feb-08 BERG CARL E Director
      17,554 Direct Purchase at $4.34 per share. $76,184
    • 20-Feb-08 PERHAM LEONARD CHARLES Officer
      3,700 Direct Purchase at $4.33 - $4.36 per share. $16,0002
    • 20-Feb-08 PERHAM LEONARD CHARLES Officer
      9,127 Direct Purchase at $4.21 - $4.36 per share. $39,000
    • 20-Feb-08 PERHAM LEONARD CHARLES Officer
      10,173 Direct Purchase at $4.19 - $4.37 per share. $44,000
    • 19-Feb-08 PERHAM LEONARD CHARLES Officer
      23,000 Direct Purchase at $3.80 - $4.05 per share. $90,000
    • 19-Feb-08 BERG CARL E Director
      4,000 Direct Purchase at $3.79 per share. $15,160
    • 15-Feb-08 SULLIVAN JAMES Officer
      5,000 Direct Purchase at $3.49 per share. $17,450
    • 15-Feb-08 BERG CARL E Director
      36,200 Direct Purchase at $3.54 per share. $128,148

    I like to buy stocks where the insiders are buying with their own money rather than giving themselves excessive stock options that dilute shareholder value. With all this insider buying, I will give MOSY consideration for my newsletter portfolio and personal account.

    Keep track of Don Wolanchuk at our "Investing for the Long Term" facebook forum called "Don Wolanchuk."


    Monday, February 11, 2008

    Carrier Access Acquired by Turin Networks

    Feb 11, 2008 08:05 ET
    Turin Networks Completes Acquisition of Carrier Access

    Expanded Solutions Portfolio and Customer Base Strengthens Turin's Status as an Industry Leader

    PETALUMA, CA--(http://momentumstockinvestor.blogspot.com) - Turin Networks, Inc. today announced (Press Release) that it has successfully completed the acquisition of Carrier Access Corp., a leading provider of wireless backhaul optimization and converged access solutions. The integration of Carrier Access strengthens Turin Networks' status as a leading supplier of network solutions for wireless and wireline network operators worldwide.

    The new company offers customers an expanded solution portfolio that merges Carrier Access' leading wireless backhaul optimization and converged access products with Turin's leadership in metro aggregation, switching and transport of Ethernet services over optical and copper PDH access networks. In addition to significantly increasing Turin Networks' ability to develop new products that expand upon the existing portfolio of solutions, the acquisition effectively doubles the size of the company's customer base to more than 600 service providers worldwide, including the top five wireless network operators in the U.S., as well as 11 of the top 17 broadband Internet providers.

    "The combination of these organizations bolsters Turin's position as an industry leader through the addition of employees that have a significant depth of technology and industry knowledge, as well as leading-edge technology, products and services," said Henry Wasik, president and CEO of Turin Networks. "Service providers can look to Turin Networks for a continued commitment to the development of innovative, end-to-end solutions that enable them to increase network efficiency, capacity, and transition to Ethernet/IP networks, as well as for high-quality service and support."

    About Turin Networks

    Turin Networks, Inc. is a leading global provider of innovative, Ethernet/IP-optimized network solutions for wireline, wireless, MSO and private network operators. Deployed by more than 600 customers worldwide, these solutions enable customers to increase network efficiency and capacity, and facilitate the migration to Ethernet/IP networks. Turin is headquartered in Petaluma, California with R&D facilities in Boulder, Dallas, Boston, and Shanghai, and sales offices throughout the world. For more information, visit www.turinnetworks.com.

    Turin Networks, the Turin Networks logo, Carrier Access and the Carrier Access logo, Traverse, TraverseEdge, Traverse PacketEdge, TransAccess and TransNav are trademarks of Turin Networks, Inc. or its affiliates in the U.S. and other countries.

    Media Contacts
    Kevin Wade
    Director, Product Marketing
    Turin Networks, Inc.
    707.665.4509
    kwade@turinnetworks.com

    CACS started 2008 out at $2.40 thus the $2.60 final price is a YTD gain of 8.33% while the S&P500 is down 9.2% YTD, the DJIA is down 8.2% and the NASDAQ100, QQQ, is down 14.9%

    Chart courtesy of Stockcharts.com. Click to view full sized.

    Disclaimer. I own CACS in my newsletter and personal portfolios. I will let my broker turn these into cash at $2.60 per share.

    Saturday, February 9, 2008

    Once High Flying Carrier Access Stockholders Approve Takeover by Turin Networks

    Carrier Access® Corporation (Nasdaq Ticker CACS), a leading provider of data and voice transport solutions, on Friday February 8 at 1:45PM EST announced that at the special meeting of stockholders held earlier that day, its stockholders approved the previously announced acquisition of Carrier Access by Turin Networks, Inc. The parties anticipate that the closing of the transaction would occur later that day. Upon completion of the transaction, Carrier Access shares will cease trading on Nasdaq, and stockholders will have the right to receive $2.60 in cash, without interest, per share of Carrier Access' common stock.

    Carrier access finished trading Friday with a Bid price of 2.59 and Ask of $2.60.

    Over its lifetime, Carrier traded as high as $80.38 in April 1999 and as low as 30¢ in October 2002. (My ROTH holds shares purchased at 39¢ in 2002.)


    Chart courtesy of Stockcharts.com. Click to view full sized.

    CACS started 2008 out at $2.40 thus the $2.60 final price is a YTD gain of 8.33% while the S&P500 is down 9.2% YTD, the DJIA is down 8.2% and the NASDAQ100, QQQ, is down 14.9%


    Chart courtesy of Stockcharts.com. Click to view full sized.

    Disclaimer. I own CACS in my newsletter and personal portfolios. I will let my broker turn these into cash.

    As of Saturday February 9, 2008, my broker was still showing shares of CACS in my account with a value of $2.59.

    Thursday, January 24, 2008

    Hilary Kramer Recommends Sunpower, First Solar and Apple Computer

    Last night on NBR, Hilary Kramer, Market Strategist & Author of "Ahead of the Curve" said she thought the bottom was in (DJIA closed at 12,270.17) and she recommended Sunpower (SPWR=74.25), First Solar (FSLR=164.74) and Apple Computer (AAPL=139.07).

    KRAMER: Yes, Paul. I believe we have seen the bottom and we are going to now see a bull come back into Wall Street. We have formed a bottom and the reason we know that is that we finally had real buyers come in today. But we know it even more so because of what I saw this morning and yesterday, which is real fear. Fear took over and it over powered greed. Greed for so long was fueling the market, including as it was going down people buying into it.

    KANGAS: Huh-uh.

    KRAMER: But once that pessimism, a rational pessimism took over and the last of us capitulated because that's what Wall Street waits for. They wait for the very very last person who's holding onto their stock to give up and to sell and that's when the Street turns around and surprises you.

    KANGAS: OK so a bottom we have seen. We might test it a couple of times, wouldn't you agree?

    KRAMER: Absolutely. We may be testing and we'll be testing certain sectors.
    To Paul Kangas's question "Where do you see value among the tech group?"

    KRAMER: That's a great question, Paul. What I have been looking at are the solar technology companies. In particular there's a company called Sunpower. The ticker symbol is SPWR and it is off 50 percent from its high which was only a few weeks ago. Now Sunpower is reporting before the bell tomorrow and we could see Sunpower have some great guidance. If they say that there's a lot of demand out there for their solar modules and if that's the case, the whole solar sector may rise.


    KANGAS: What else shines in your mind?

    KRAMER: OK another solar stock, a different one called First Solar (FSLR) and it's a different technology, thin film technology, very efficient form of solar. And First Solar is also off 45 percent since December. It's unbelievable what has happened to these stocks because of momentum buyers became momentum sellers and shorters. So if Sunpower goes up, we will see First Solar go up.


    KANGAS: Very briefly one more. We have less than a minute.

    KRAMER: I would like to talk about Apple (AAPL). This is very important, because as we know, Apple was $202 just recently and it closed today at $139 and it tested $126. I may go back into Apple. But what happened there is Steve Jobs is very conservative in giving guidance. But the key is, they are going to make inroads into the PCs because they can convert iPod users into desk top users and lap top users.
    KANGAS: OK. Hilary, do you own any of the stocks mentioned?
    KRAMER: Yes, I own First Solar. And Sunpower I do intend to buy tomorrow morning if the earnings come out strong.

    Summary & quotes from Yahoo! Finance

    Point and Figure Targets for

    • FSLR: Bearish Price Objective of $164 met.
    • SPWR: Bearish Price Objective of $92 met and it continues to plunge lower to next support level indicated on my graph above.
    • AAPL: Bearish Price Objective of $142 met.

    Click charts for more info:






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    Friday, March 21, 2003

    Don Wolanchuk Bull Call 2 Years Later

    Six months after this bear bashing call, the market was down 15% and less than two years later it was down over 30%.


    To: Chip McVickar who wrote (512)
    3/5/2001 2:35:09 PM
    From: da_cheif™  (Original Post)

    nice charts...but charts are divised to hide the truth and so many bears can attest to for the these past 14 years....you have to look past wat you see on the surface and look underneath starting with sentiment....the bear market label is now pasted firmly on the current action....such was the case in 87 90 94 98....the bear market label was attached to the market within days if not hours of the bottom....and in this case the split market environment has discombobulated everbody........the market loooks ugly but notice the weekly ad line of the big board...its been goin up for months.....diamonds are a bulls best friend.....murph says this..prechter says that eliadies says this richenbacher says that.....shall I keep on goin......not too many of us bulls around...just the way I like it......finbonacci relationships count 16600 as minumum expectation for the eventual breakout....