Posts Tagged ‘stock market’

Silicom Announces New Chinese Order

By: ispeculatornew | Date posted: 02.04.2008 (9:31 pm)

SILC – Silicom Limited (Nasdaq) – (Closing Price – $16.70)

Today Silicom Limited announced an order for $1.8 million from “one of China’s largest domestic server companies, representing its first significant penetration into the vast Chinese market.” The stock traded up over 14% on the news.

This is obviously a positive development for Silicom Limited and the stock price is starting to gain some strong momentum. The company just reported very good fourth quarter results and I wouldn’t even consider selling right now.

Some other stocks in the WAN optimization field that have seen undeserved fifty percent drops from their highs last year are BCSI and RVBD. These two stocks are definitely worth further research.

Disclaimer: I have no position in any of the stocks mentioned.

Time to Short Solar Stocks

By: ispeculatornew | Date posted: 01.06.2008 (11:22 pm)

SPWR – SunPower Corporation (Nasdaq) – (Closing Price on Friday 1/4/08 – $126.12) 

Stocks related to solar power made a tremendous run in 2007 but they are currently grossly overpriced and overdue for a pullback. The insiders of most of these companies have been dumping shares like crazy which is never a good sign. Also, the market is expected to have a turbulent year so I think now is a good time to short some of these companies.

My solar pick to short is SunPower Corporation. SunPower Corporation has shown strong growth over the last year but it currently has at a trailing PE ratio of 631 (that is ridiculously high). For growing companies a trailing PE is less important than the forward PE but SunPower’s forward PE is also astronomical (126 based on the high range of their forecast of GAAP earnings between $0.85 and $1.00 in 2008).

While investors have been buying, the insiders of SunPower Corporation have been dumping a huge amount of shares. Insider selling is never a good sign and the amount of selling that has taken place at SunPower should cause a lot of concern. (more…)

Mad Catz Acquires License for Rock Band Game

By: ispeculatornew | Date posted: 01.04.2008 (5:48 pm)

MCZ – Mad Catz Interactive (American Stock Exchange) – (Closing Price – $1.17)

Mad Catz announced a new license agreement today to produce and distribute game peripherals and other products for the game Rock Band published by MTV games.

Mad Catz has secured the rights to manufacture, market, and sell game accessories, including both wired and wireless bass guitars, a drum percussion set bundled with drum sticks, and a wired microphone. Mad Catz expects its initial offerings under this license agreement to be available in the first half of 2008.

Mad Catz continues to align itself with popular games and I think acquiring the license for Rock Band is a smart move. The Rock Band game is similar to Guitar Hero which has been highly successful for Activision (ATVI). If Rock Band attains even a little bit of the success that Guitar Hero has had it should be a popular title.

I am surprised the stock price of Mad Catz finished flat on the day but the general unease of the broader markets has weighed on Mad Catz for a while. Mad Catz’s share price is overdue for a pop and the company is coming into its strongest quarter so I would continue to hold your shares.

Disclaimer: I have no position in MCZ.

Is There Any Money in Internet Search Stocks?

By: ispeculatornew | Date posted: 12.31.2007 (4:45 pm)

One of the first stocks I owned was Ask Jeeves (bought out by IACI – formerly ASKJ) which I bought after the tech bubble collapsed. It was trading at a little over a dollar and the company was quickly growing revenues and earnings. I sold the stock too early but I still made over ten times my money in that stock, a ten bagger in Lynch speak.

Ever since then I have followed the internet search sector to see if another small player could follow a similar path as Ask Jeeves. I’ve followed the second tier search companies for a couple of years and frankly I don’t think there is any money to be made investing in these companies (from a fundamental perspective).

The smaller companies like Looksmart (LOOK), Copernic (CNIC – formerly Mamma.com MAMA), Miva (MIVA – formerly Findwhat.com FWHT), and Local.com (LOCM) are nowhere close to making a consistent profit. If you have ever used their websites you know why. They simply don’t deliver relevant search results. (more…)

Value Investor? Want to Share Adsense Revenue?

By: ispeculatornew | Date posted: 12.27.2007 (1:55 pm)

Value Investing News is a community driven value investing news site. You can submit links to news items, bid up stories to the front page, bid down stories, and make comments.

The feature that distinguishes Value Investing News from other stock news aggregators is you are rewarded for the success of Value Investing News by sharing in the Adsense revenue.

If you are interested in submitting stories to Value Investing News click here. I am currently registered with Value Investing News and I think it is a good site.

CAAS Plans to Acquire 36.5% of Henglong Automotive Parts Company

By: ispeculatornew | Date posted: 12.26.2007 (5:44 pm)

CAAS – China Automotive Systems (Nasdaq) – (Closing Price – $8.28)

China Automotive Systems announced that it has started discussions with Hubei Wanlong Investment Co. to acquire an additional 36.5% of Henglong Automotive Parts Company.

China Automotive Systems currently owns 44.5% of Henglong Automotive Parts Company. In 2006 Henglong posted sales of USD$54.54 million, representing 57% of China Automotive Systems’ total net sales and net profit of USD$9.75 million, while CAAS’ net profit was USD$4.81 million. Acquiring a bigger portion of Henglong will obviously be beneficial.

I don’t see any reason to sell China Automotive Systems and I would continue to hold your shares. According to Yahoo Finance the insider sells that were weighing on the stock price have stopped and there was even an insider buy on Dec. 3. (more…)

Timothy Sykes Stock Blog

By: ispeculatornew | Date posted: 12.26.2007 (4:45 pm)

If you base most of your stock making decisions on technical analysis you should check out the stock blog of Timothy Sykes. He provides his personal trading decisions along with trading advice.

He is also the author of An American Hedge Fund which details the wild ride of the hedge fund he started. It has many good reviews so it should be worth a look.

Stocks Worthy of More Research

By: ispeculatornew | Date posted: 12.23.2007 (1:57 pm)

Here are a couple of stocks that have been submitted to me that are worthy of more research.

The first is Shengdatech (SDTH). Shengdatech has good fundamentals and the stock price is currently showing some momentum.

The second is Envoy Capital Group (ECGI). Envoy Capital Group has bought back a ton of shares in the last year and the company is trading at a discount to book value.

I am not recommending that you buy shares of these companies. However, they are worth a look.

Disclaimer: I have no position in SDTH or ECGI.

Want a Risk Free 14% Return?

By: ispeculatornew | Date posted: 12.21.2007 (3:19 pm)

DVW – Covad Communications (Amex) – (Closing Price – 0.88) 

Every investor would like to make risk free investments, but risk and return have a direct relationship. Investments with the least risk usually have the least amount of return and vice versa.

However, right now you can get a fourteen percent return without much risk.

Covad Communications (DVW) announced on October 28 that it is being acquired by Platinum Equity for $1.02 a share. However, since the announcement Covad shares have traded as low as $0.77 and they are currently trading at $0.88.

If you buy at today’s closing price you are looking at a 14% return when the acquisition closes. (more…)

Stock Blogs You Should Check Out

By: ispeculatornew | Date posted: 12.17.2007 (4:51 pm)

If you like to find free stock analysis and opinions you should check out a couple of other stock websites/blogs that I found.

Stockblogs.com is a directory of stock blogs that compiles “some of the most interesting, provocative, relevant, and useful blogs for investors.” The website has tons of stock blogs categorized into different market related topics.

Investmentquest.net is a blog that provides “unparalleled stock market commentary from a value and contrarian perspective.” You should definitely check it out.

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