Posts Tagged ‘stock analysis’

STRM – Buy and Accumulate

By: ispeculatornew | Date posted: 02.12.2007 (12:00 am)

STRM – Streamline Health Solutions (Nasdaq) (Closing Price – $5.40)

Streamline Health has been trending down on very low volume and I still think it is a good buy. I am reaffirming my buy recommendation and I am going to average today’s price with the price of my other buy recommendations to figure my cost basis.

Disclosure: I currently own shares of STRM.

MAMA – Update

By: ispeculatornew | 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…)

CECE – Sell Recommendation

By: ispeculatornew | Date posted: 01.23.2007 (12:00 am)

CECE – CECO Environmental Corp. (Nasdaq) (Closing Price – $13.00)

I originally recommended Ceco Environmental as a stock to buy and hold. However, the stock is up 31% in a little over two weeks and I think it would be foolish for me not to give a sell recommendation.

I said yesterday that I think CECE still has room to run but it only gained two cents today and I think the share price is most likely going to pull back.

Furthermore, a lot of the increase in Ceco’s share price has come in the last couple of days and is due to speculators who bought in before the State of the Union Address. Well, the State of the Union Address is over and if you followed my advice on PFSW you saw what can happen to the share price of a stock after the momentum dries up. (more…)

CECE – Update

By: ispeculatornew | 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: ispeculatornew | 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…)

STRM – Buy and Accumulate

By: ispeculatornew | Date posted: 01.09.2007 (12:00 am)

STRM – Streamline Health Solutions (Nasdaq) (Closing Price – $5.70)

I am reaffirming my buy recommendation because the stock price has dropped a little since I originally recommended it. I am going to average my original recommendation with today’s closing price. I also want to disclose I took a small position today.

Disclosure: I currently own shares of STRM.

CECE – Initiation of Buy Recommendation

By: ispeculatornew | 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: ispeculatornew | 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…)

MCZ – Buy and Accumulate at Current Price

By: ispeculatornew | Date posted: 01.01.2007 (12:00 am)

MCZ – Mad Catz Interactive (American Stock Exchange) (Closing Price on Friday – 12/29/06 $0.58)

 

If you have been accumulating MCZ you have been able to buy shares at a cheaper price than I originally recommended MCZ at. I still believe MCZ is a good buy so I am going average Friday’s closing price with my other price recommendations.

 

If you look at MCZ’s chart you will see that the share price is due for another climb up. There will probably be a pre-earnings run also. If the share price does run up again before earnings I would lock in some gains. I would still hold the majority of my shares though and see what they report next quarter.
 
Disclosure: I currently own shares of MCZ.

STRM – Initiation of Buy Recommendation

By: ispeculatornew | Date posted: 12.31.2006 (12:00 am)

STRM – Streamline Health Solutions (Nasdaq) (Closing Price on Friday, 12/29/06 – $5.90)

Streamline Health Solutions (STRM) is another short term play. They have their biggest quarter in the fourth quarter and this year should be no different.

Streamline Health provides hospitals with solutions to improve their workflow and document management. The timing of their contracts makes the fourth quarter their best quarter for sales and profits. Last year they reported revenues of 6.2 million and had a profit of $0.30 in the fourth quarter. This year they should equal or surpass that. (more…)