Posts Tagged ‘stock research’

MAMA – Update

By: admin | Date posted: 02.10.2007 (12:00 am)

MAMA – Mamma.com Inc. (Nasdaq) (Closing Price on Friday 2/9/07 – $5.13)

There have been some interesting developments since my last post on MAMA.

First, the CEO abruptly announced his resignation on January 23. This is never a good sign for a company. However, the share price barely reacted to this news.

Last Tuesday there was a surge in volume and MAMA’s stock price jumped up considerably on no news at all. In my opinion this should raise some eyebrows about someone trying to manipulate the share price (or maybe someone trading on inside knowledge). A couple of days later MAMA issued a press release stating they had extended an existing agreement with Yahoo Canada. This press release shouldn’t have affected the share price considering the agreement has been in place. However, the share price opened up considerably higher than the previous close. It has promptly been going down since. (more…)

HSOA – Initiation of Buy Recommendation

By: admin | Date posted: 01.29.2007 (12:00 am)

HSOA – Home Solutions of America (Nasdaq) (Closing Price – $6.52)

Home Solutions of America is a company that I have some reservations about recommending but I think now is a good time to buy.

HSOA provides recovery, restoration, and remodeling services. The company’s stock price had quite a run last year but a questionable press release by the company sent the stock sharply down and the stock hasn’t recovered. I will leave it to you to find out the details of what happened but it definitely raises concern about the management of the company. (more…)

CECE – Update

By: admin | Date posted: 01.22.2007 (12:00 am)

CECE – CECO Environmental Corp. (Nasdaq) (Closing Price – $12.98)

When I originally gave my buy recommendation of Ceco Environmental I said to buy and accumulate at the current price (which was $9.89). However, the share price is up quite a bit since I originally recommended it and I am going to change my recommendation to hold.

Ceco Environmental has had some positive developments recently but I think the huge jump today is due to speculators buying in before the State of the Union Address on Tuesday. If the president mentions greater pollution controls to fight global warming this will obviously bode well for Ceco Environmental. (more…)

MAMA – Accumulate Short Position

By: admin | Date posted: 01.11.2007 (12:00 am)

MAMA – Mamma.com Inc. (Nasdaq) (Closing Price – $5.90)

I would continue holding your short position in MAMA and if you are a patient investor I would recommend shorting more. MAMA may not drop immediately but eventually its share price is going to correct and reflect its fundamentals.

If you are looking for a short term gain I would not recommend shorting MAMA. There are a lot of daytraders and greater fools buying MAMA right now and they may continue to send MAMA up in spite of its ridiculous valuation. However, the momentum will die out and MAMA will assuredly drop. (more…)

CECE – Initiation of Buy Recommendation

By: admin | Date posted: 01.06.2007 (12:00 am)

CECE – Ceco Environmental Corp. (Nasdaq) (Closing Price on Friday 1/5/07 – $9.89)

Speculation can test the nerves and it requires a lot more work than just buying and holding a stock. You need to find a few stocks that you can hold long term and not worry about very much. CECO Environmental Corp has the potential to be one of these stocks.

CECO Environmental provides air pollution control products and services. I think the concern about global warming and pollution in general will keep their products in demand for the foreseeable future. I also think the government will implement greater pollution controls in the future and this will benefit CECO. (more…)

MAMA – Accumulate Short Position

By: admin | Date posted: 01.05.2007 (12:00 am)

MAMA – Mamma.com Inc. (Nasdaq) (Closing Price – $5.60)

If you followed my advice and shorted MAMA at $4.89 you might be a little worried that it has now risen to $5.60. However, shorting a stock requires the same amount of patience as buying a stock.

There is still a major disconnect between the fundamentals of MAMA, which are terrible, and the recent runup in its share price. The runup has been based on hype and nothing else. It may take a while for the share price to reflect this, but eventually it will. (more…)

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