Tired of being on the wrong side of the trade? So was I until I joined topmarketgainers dot com The alerts are quality, not junk and they are straight forward and cut out the hype.
Looking for alerts on momentum stocks before they start to run? I have the answer…Yahoo or Google search “topmarketgainers” and thank me later.
I am of the opinion that the banking/financial sector is going to be a winner over the coming years because I believe we are at the start of a period of climbing interest rates. Right now HMPR is profitable, but even in their filings the acknowledge the risks.....the enviornment could change.
Straight from their most current 10Q filing issued May 11 2016:
"We incurred significant losses from 2009 to 2012. While we returned to profitability in 2013 and continued to be profitable during 2014, 2015, and into 2016, we can make no assurances that will continue. An inability to improve our profitability could adversely affect our operations and our capital levels..."
I like their chances to continue as a profitable entity and for that profitability to improve but there are risks of course.
Well, if that's your thinking....if you own shares, sell them and go short. And if you don't own shares, then just go short.....Good luck with it, its a risky play but you seem to know what you're doing.
Krill, I starting to get the vibe that Negative Rates are coming, e.g., many will pull there savings and checking funds. Things could get bad for the regional banks.
That short interest could be a direct result of the merger news......for the closing of the merger will cost millions and will be a hamper on profits for a few quarters.
So I've been following the TopMarketGainers Newsletter and have made some nice returns. Just check out these past trade alerts: IPDN (Professional Diversity Network, Inc.) $0.58 to $1.00 72% Gains, URRE (Uranium Resources, Inc.)$0.35 to $0.74 110% Gains, QKLS (QKL Stores Inc.) $0.97 to $2.10 116% Gains, SHIP (Seanergy Maritime Holdings Corp.) $0.56 to $1.44 157% Gains They have a new pick coming tomorrow. Type "topmarketgainers" on your yahoo search and Signup now!
Probably a hedge. When Hampton made it back to the Russell, short interest jumped 40%. Say if you have a 20 million dollar stake in Hampton.....having a million covering your rear would be a prudent thing to do.
Short selling is a reality of the market.....like all the other fundamental data.
Up to March 15th over 2.2 million shares had been sold short, a sizable jump from the prior period up when it was about 700K less. Why short interest spiked up 700K over the first half of February? I don't have a definitive answer, but I have my suspicions....but they're just opinion, and being a bull on HMPR they could be wrong because of my bias.
I do agree about the safety aspect....I don't see much risk to the down side.
Your fascination with "shorts" and Hampton is unwarranted. This dog has been diluted to beat heck, therefore, the liquidity and interest in Hampton has waned a great deal since the two rounds of dilution w/ warrant. There is not enough volume and interest to promote a profitable trade, i.e., one, needs a margin account to short and they charge interest on that money, e.g., this dog lays in its box for two years and someone is willing to pay margin interest on it.......see the logical fallacy?
On a brighter note.......look at some of the big names that own this puppy. And, your money is somewhat safe.
No, I was holding for longer than you. Them not publically releasing earnings last quarter back and this merger spooked me; furthermore, the distinct possibility that rates could go lower with more easing and possible negative rates, added to my fears. If, we would have had a serious of rate hikes.......HMPR would have took off. Now their talking negative rates.....and that will just slaughter the regionals. "I'll be back."
I'm pretty good at staying grounded, no worries. I've been hearing predictions of an implosion in HMPR's share price for almost 3 years now....it hasn't happened yet.
I'm assuming you're short, and that's kewl....everyone seeks out information that confirms their bias, longs tend to be too optimistic and shorts tend to be too pessimistic, its all good.
Krill, I was trying to keep you grounded. This merger will most likely take shares to the 1.25 range......could be wrong as always. Hampton has a substantial amount of poor quality debt which hamper earnings for another year or two, IFF the economy/market holds.
Matt its all good.....my remark was specifically about the after hours comment you made, not about last year's results. You seemed to think that because the PPS dropped after hours as some barometer that the market had basically sold off on the results, perhaps without realizing that the PPS only dropped .0002 on a trade of 108 shares.
I place a lot less emphasis on fundamentals than you do.....I don't totally ignore them, but good bad or in between its old information. These are the results up to Dec 31, 2015.....That's almost 3 months ago. And you make note of the fact that they did something similar 3 or so years back.....Are things different now than they were 3 years ago? I think they are.....the Fed raised interest rates once last year, and are projecting more rate increases going forward. The US economy has improved enormously from 3+ years ago too.
Does that mean HMPR will go up tomorrow? I don't know....I'm a bull here so my views are biased, I know that. I am willing to sit back and wait and see what the market has to say.
Good luck....I invested in HMPR in 2013, it hasn't been a great investment, but it hasn't been a bad one either. So far its up a small amount....if the future brings improved results then perhaps it will turn into a great one.
Krill, not being a negative nanny here, but you need to start looking at Cash Flow and Balance Sheets.
Cash Flow in thousands.....9/15 (33), 6/15 (34606), 3/15 (4225)
Retained Earnings in thousands.......9/15 (391,171), 6/15 (391,474), 9/15 (394,200) for years. What are they doing dishing out the profits to preferred holders?