Posts Tagged ‘stock speculation’

MAMA – Update

By: admin | Date posted: 05.27.2007 (12:00 am)

MAMA – Mamma.com Inc. (Nasdaq) (Closing Price on Friday 5/25/07 – $4.15)

I mentioned in my last update that if Mamma.com found support I would recommend to cover. Mamma.com has found support around four dollars but I think barring some positive news the stock price will fall through this support level and start to decline more dramatically. Therefore, I wouldn’t recommend to cover yet.

I will provide an update based on what the stock price does in the next few weeks.

Disclosure: I am not shorting shares of MAMA.

HSOA – Update

By: admin | Date posted: 05.27.2007 (12:00 am)

HSOA – Home Solutions of America (Nasdaq) (Closing Price – $6.97)

The stock price of Home Solutions of America has made quite a jump since they released first quarter earnings and I think the run is far from over.

In the past month Home Solutions of America has issued two press releases announcing contracts that were not included in the company’s previously announced backlog. One press release announced contracts worth 19 million, 11 million of which were not included in the backlog and are expected to be completed this year. The other contracts are valued at over 100 million and approximately 12 million of the work is expected to be completed this year. (more…)

MAMA – Q1 2007 Earnings

By: admin | Date posted: 05.14.2007 (12:00 am)

MAMA – Mamma.com Inc. (Nasdaq) (Closing Price – $4.50)

Mamma.com reported first quarter results on May 10 and the numbers they released were very unimpressive.

Mamma.com reported a loss of 0.10 per diluted share on revenue of 2.64 million. Search revenues increased but graphic advertising and “other” revenues were down sharply. Last quarter they had “other” revenues of 1.19 million (comprised of search advertising – 0.26 mil, software licensing – 0.7 mil, and customized development & maintenance – 0.23 mil). This quarter they said “other revenues such as software licensing and customized development and maintenance support” totaled 0.127 million. I am not sure if search advertising is part of the “other” revenues since they said “such as” and didn’t provide a breakdown of “other” revenues. However, even without search advertising taken into account this is a huge decrease in “other revenues” from the previous quarter. (more…)

HSOA – Q1 2007 Earnings

By: admin | Date posted: 05.12.2007 (12:00 am)

HSOA – Home Solutions of America (Nasdaq) (Closing Price – $5.54)

On May 11, Home Solutions of America announced very good first quarter results. They also gave guidance for higher revenues and earnings in the second quarter.

Home Solutions reported revenue of 39.9 million and earnings per diluted share of 0.12 in the first quarter of 07. Both of these numbers were improvements sequentially and year over year. For the second quarter they gave guidance for revenues between 44-48 million and earnings between 0.14-0.17 per diluted share.

The CEO of Home Solutions said the “results reflect our ability to successfully address several of the operational issued that adversely impacted our 2006 fourth quarter results and to integrate the Fireline and Associated Contractors acquisitions.” With the operational issues taken care of and the seasonally slower first quarter complete, Home Solutions should start to post better results. This is evidenced by the guidance for higher revenues and earnings in the second quarter. (more…)

SWIR – Q1 2007 Earnings

By: admin | Date posted: 04.26.2007 (12:00 am)

SWIR – Sierra Wireless (Nasdaq) (Closing Price – $16.77)

Sierra Wireless reported outstanding first quarter results today and I think the share price is going to make some huge gains in the next few months.

Sierra Wireless reported revenues of 85.43 million which was a huge jump sequentially and almost double what they made in the corresponding quarter last year. Sierra came in with earnings of 0.20 per diluted share which doubled what they earned sequentially and year over year. They also posted impressive guidance for the second quarter: revenues of 92 million and earnings of 0.21. (more…)

STRM – Update

By: admin | Date posted: 04.23.2007 (12:00 am)

STRM – Streamline Health Solutions (Nasdaq) (Closing Price – $4.87)

The stock price of Streamline Health has rebounded nicely from its lows after fourth quarter earnings. The reasons for this increase were a press release announcing a new customer and a favorable report by an analyst.

The press release was good news but Streamline mentioned in their last earnings report that they had already closed one transaction in the first quarter. The press release probably was referring to that agreement. (more…)