Posts Tagged ‘stock market’

Technical Analysis

By: ispeculatornew | Date posted: 12.12.2007 (3:34 pm)

I use a little technical analysis (TA) in my investment decisions but for the most part I think technical analysis is a bunch of nonsense. However, I think becoming familiar with TA can make you a better investor.

Technical analysis is the strategy of reading price charts to evaluate whether a stock is a good investment/trade. Technical analysis is in contrast to fundamental analysis which is the strategy of studying a company’s fundamentals (revenues, earnings, etc.) to determine potential investments.

A lot of traders who hold stocks for a very short period of time (day traders, swing traders, momentum players) use TA as their primary evaluation method for buying or selling stocks. However, trying to consistently predict the price movement of a stock over a short period of time is very difficult, if not impossible. In fact I’ve read an article stating that most day traders lose all of their capital within a year. (more…)

China Automotive Systems Announces U.S. Aftermarket Deal

By: ispeculatornew | Date posted: 12.10.2007 (7:11 pm)

CAAS – China Automotive Systems (Nasdaq) – (Closing Price – $8.41)

China Automotive Systems reported an almost twenty percent gain today after the company announced it signed its first aftermarket supply contract in the U.S. with aftermarket supplier Dorman Products Inc.

Financial terms were not disclosed.

This contract is obviously a positive development for China Automotive Systems and I would recommend to continue holding your shares. The stock price of China Automotive Systems has shown the ability to make strong runs in the past so I would see how it plays out over the next few days.

Disclaimer: I have no position in CAAS.

CAAS – Still a Buy

By: ispeculatornew | Date posted: 11.21.2007 (3:42 pm)

CAAS – China Automotive Systmes (Nasdaq) – (Closing Price – $6.40)

China Automotive Systems has posted a couple of strong quarters since my initial buy recommendation but the stock price has been inconsistent.

In Q2 of 2007 China Automotive Systems reported revenue of 36.31 million and earnings per diluted share of 0.10. CAAS’s revenue and earnings in Q2 were considerable improvements both sequentially and year over year.

In Q3 of 2007 China Automotive Systems reported revenue of 31.20 million and earnings per diluted share of 0.11. Revenues were up year over year but down sequentially due to seasonality of the Chinese passenger vehicle market. Earnings per share however improved both sequentially and year over year. (more…)

Newletter Stock Picks

By: ispeculatornew | Date posted: 11.01.2007 (1:47 pm)

I plan on offering my best stock recommendations and analysis under the category of newsletter picks. This will be subscription service with a price of $299 a year (less than a dollar a day). I am currently trying to increase visitors to my website so all of my advice will be free for the time being. However, my best advice will probably be offered as newletter picks at some point in 2009.

HSOA – Sell Recommendation

By: ispeculatornew | Date posted: 08.15.2007 (12:00 am)

HSOA – Home Solutions of America (Nasdaq) (Closing Price – $4.70)

Home Solutions of America released their second quarter results last week and posted moderate results. However, HSOA’s management did not provide additional details about their disputed New York and Florida contracts. They also did not provide guidance and they said they were going to delay providing a balance sheet until they talked to their lenders about the resolution of a note related to the acquisition of Fireline Restoration. In light of the many issues surrounding Home Solutions and the lack of information given by the company I am going to recommend to sell HSOA. (more…)

NGA – Initiation of Buy Recommendation

By: ispeculatornew | Date posted: 07.09.2007 (12:00 am)

NGA – North American Galvanizing & Coatings (American Stock Exchange) (Closing Price – $8.36)

North American Galvanizing & Coatings (NGA) is a company with solid fundamentals and increasing earnings. However, the share price has had quite a run in the last few months and share price can be volatile so NGA is a speculative stock pick.

North American Galvanizing provides hot dip galvanizing for corrosion protection of fabricated steel products in the United States. The company has benefited from strong demand for hot dip galvanizing and increases in zinc prices the last few years. (more…)

HSOA – Update (Stock Lemon)

By: ispeculatornew | Date posted: 06.11.2007 (12:00 am)

HSOA – Home Solutions of America (Nasdaq) (Closing Price – $6.00)

The stock price of Home Solutions of America has taken quite a hit in the last week so I will provide an update of what caused this and where I think the share price is headed from here.

The initial cause of the selloff was an article written by stocklemon.com which calls itself “Cintron Research”. Before I go into the details of the article they wrote let me give you some more information on stocklemon.

The people behind stocklemon establish short positions in stocks, usually companies that trade on the pink sheets, and then they write negative articles about the companies to drive the stock price down. They basically try to scare people into selling shares of the companies they write about so they can make money. The articles they write have to be taken with a grain of salt, or just disregarded, considering the obvious bias they have. (more…)

HSOA – Update

By: ispeculatornew | 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…)

SVLF – Sell Recommendation

By: ispeculatornew | Date posted: 05.13.2007 (12:00 am)

SVLF – Silverleaf Resorts (Nasdaq) (Closing Price on Friday 05/11/07 – $4.97)

There have been a few developments since my initial recommendation of Silverleaf Resorts.

In February Silverleaf Resorts moved from the American Stock Exchange to the NASDAQ. This was a positive move since the NASDAQ is a higher profile stock exchange and Silverleaf will get more exposure there. In conjuction with the move Silverleaf changed its symbol from SVL to SVLF.

Silverleaf has also released two earnings reports. In March they reported fourth quarter results and more recently they reported first quarter results on May 8.  (more…)

HSOA – Q1 2007 Earnings

By: ispeculatornew | 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…)