are so off base on their estimates for Q405 and Q106. D Woods must be on drugs or just a poor analyst to come up with a sequential revenue increase of +18%, showing $19.12M Q4.
His EPS estimate sports a 25.5% gross profit margin giving CKCM .48 Non Gaap EPS Q405. They are growing GP margin more slowly and might reach 24% as they continue digesting and turn profitable their 7th buyout in 25 months.
This all adds up to Street targets that CKCM will most likely miss, this is simply too high off the mark to be considered serious work.
Ferro needs to counterbalance this Public estimate by PG&E or we could face another CC like Q2 where the EPS target number was manipulated in a negative way by shorts due to confusion over it being Gaap or Non-Gaap.
Mike Ferro please give the "Street" some "Upside the Head" guidance before they run us into a ditch again.
THe question is how much revenue will requisite contribute for this quaters numbers. I have a feeling the revenue number will be close but that the acquisition will not be accretive for at least another quarter as every other press release stated that it will be accretive in a particular time frame. Did we ever find out how much requisite had in revenue in the last fiscal year. If it is close to 20 million then I can see us exceeding the revenue estimates.
The good news is that we have seen the left hook coming this time and are preparing to duck and come over the top with a straight right hand to the chin.
All the previous under the radar tactics have been sniffed out one way or another by the people on this board spending hours of research that the company doesn't have time for.
The out front man , Derrick Wood and his company PGE, have now been identified as the prime suspect in what is probably a criminal manipulation of the stock.
With the talent and writing skills here, we can notify numerous media, company representatives and enforcement personel.
We can also lock up our shares and insider shares for borrowing and petition strict sho enforcement by the sec in lieu of the recently discovered manipulation events and prime suspect.
Mr F should hire a 6 figure retired agent to put an end to this. Mr F should continue his professional conduct as not to be put in the catagory as the overstock guy.
Have the 100k security guy clean up the mess. It will be well worth the money and pay for itself in one day. Better yet, hire two and promise them a bonus. They can start sending the e-mails that we are now and hopefully get some subpoenas out etc.
>>Mr F should hire a 6 figure retired agent to put an end to this. Mr F should continue his professional conduct as not to be put in the catagory as the overstock guy.
Have the 100k security guy clean up the mess. It will be well worth the money and pay for itself in one day. Better yet, hire two and promise them a bonus. They can start sending the e-mails that we are now and hopefully get some subpoenas out etc.<<
You KNOW damn well Ferro isn't going to sit back and watch this crap with PGE. As far as the short situation...there isn't a whole hell of a lot he can do. The NASDAQ regulators ...and SHO REG/SEC should help insure that>>>> 1) *MOST* of the short positions eventually unwind and cover 2)Limit any further onslaught of failed postions. I mailed the SEC on this...that's all we can really do.
I would add, we've got a small float and whatever can be done to decrease the pool of shortable shares will have a measurable effect.
Place a GTC limit to sell order on your shares @$100, contact your broker not to allow your position to be shorted. Send an email to click asking them to do whatever they can to have any insider and insitutional shares made unborrowable for shorting.
The more persuasion the sooner the shorts will leave - although it may be that the longer they wait the more it will eventually drive up the share price since the squeeze begins at higher levels. As I see it they would be smart to cut and run rather than manipulate estimates for future pullbacks and risk everything in the process. Derrick? Sandy? SEC, click, motley and perhaps even Cramer and some very hungry hedgie short-busters may be coming your way.