With U.S. banks ready to kick off earnings, its important you understand how full of baloney these numbers and balance sheets will be, especially given the future guidance which always have that little “unforeseen economic woes” fine-print style disclaimers that no one seems to speak of. Seems like just yesterday we had the same Wall [...]
I have followed Thor Industries (NYSE:THO) and Drew Industries, Inc. (NYSE:DW), the RV and bus manufacturer, closely for years, ever since I read about the company in Forbes in 2004, where founder Wade Thompson appeared on the cover with a smiling face. I loved the stock at the beginning of 2009, when I first added [...]
Quest Capital Corp. (USA) (AMEX:QCC) Hedge fund investing is generally restricted to investors meeting minimum asset levels (i.e. rich people, the thinking being that they’ll be all right if they lose a bunch of money) or those making large minimum investments (the thinking being that investors who plunk down $150K on an investment will do [...]
Layne Christensen (NASDAQ:LAYN) ($26.97) is a small-cap, cyclical, specialty drilling and construction company focused on water, mining civil construction projects, and natural gas production. LAYN services a diverse client base. As with most industrial companies over the past two years, LAYN has experienced earnings setbacks, but is well positioned for the next upward turn in [...]
Today, Columbia Laboratories (NASDAQ:CBRX) announced that the Company entered into a $15 million “loan” agreement with Watson (NYSE:WPI). According to the 8-K, this loan is structured as a forgivable term loan promissory note. Basically, if the deal between Watson and CBRX closes prior to December 31, 2011, the loan and all accrued interest is forgiven. [...]
ATP Oil & Gas (NASDAQ:ATPG) ($10.16) has provided stock investors with one wild ride, going from $56 in October ’07 to $3 in March ’09, and then to $22 in April ‘10 to $12 yesterday, May 27th , when 26% of the available float traded. ATPG is an small-cap offshore oil and gas development firm [...]
Shares of Exxon Mobil Corporation (NYSE: XOM) jumped more than 2% in today’s trading. The stock reached a high of $60.80 in trading. It closed 2.57% higher at $60.77, with volume at 27.50 million. The stock was active again after-hours trading as it climbed another 0.07% to $60.81. The Exxon Mobil shares have a 52-week [...]
After launching an IPO five years ago in the high single digits, Synergetics (NASDAQ:SURG) has been stuck in the mud. Revenues have been stagnant, averaging around $50 million a year for the past three years, while its stock has done nothing but move lower since becoming public … Until now, that is. A few weeks [...]
This article discusses iShares Russell 2000 Index (NYSE:IWM). Our regular readers have undoubtedly noticed that we have a tendency to discuss small cap stocks quite a bit on this site. Why? Because among the small cap universe some of the most inefficiently priced stocks can be found. They carry little in the way of name [...]
After a safety scare last year, Anadys Pharmaceuticals’ (NASDAQ:ANDS) trials of its hepatitis C candidate ANA598 appear to be back on track with a series of positive interim results in phase II trials (Anadys’ bubble burst by lack of partner, June 5, 2009). The burning issue for the California firm, however, is its urgent need [...]