These hedge funds get into a pipe transaction and then own the stock killing it (like today) on the short side protected by warrants. Every once it a while it gets out of hand and they loose control. It takes a sector move that is sustained. It looks like we have one but it's a gut wrenching uptrend as short hedge funds still play their tricks.
No need for cash. Warrants will bring in extra money and it looks like this runup will wash all those out which have been a nuisance to any sustained rally.
The key price is 2.50 where the A warrants from the secondary were placed. Then we might have trouble trying to get over 2.75 for a bit. Any decent day brings a short covered by the warrant. Once those are all gone the stock should fly. It has to be soon. December comes with the quarterly results and an income statement. That should get some attention over here. We may just have an amazing day with millions in volume and blow right into the 3's.
The good news is that the warrants will bring the company 10 million in cash and you probably paid less that the average warrant for share exchange costs. With no debt that could be used in new store development which could go right to the bottom line.
warrants to purchase 2,530,000 shares of common stock at $2.75 per share (“A Warrants”) and additional warrants to purchase 1,265,000 shares of common stock at $2.50 per share (“B Warrants”)
Novatel will sell the dying mifi and become Enfora. Let the low cost competitors fight with themselves and move on as SWIR has to being strictly a M2M solution provider. This stock would double overnight.
When 2005 comes Ballard will be pushing 10 and you will all wonder why you did not throw the house at it. Dumb move to get to big of a position in anything so don't do it. I wish I still had my 5000 shares of KMX I bought at 1.05 or 3000 of LF at bought at 1.20. I took a 100% gain after months/years of waiting in both and missed out on a whole lot of gains left in the tank.
Fridays are almost always consolidation days but I'd make sure I was holding for next week. I'd expect new and newer highs. APT has not been rewarded like the rest of the market for success. Any company other company that has shown the results like APT has is up 200% from the lows.
What I'm saying is a smart investor would stay on the sidelines in a situation like this. I'm not always a smart investor but I have good advice. Like stay away from casinos if you like your money and are not the house.
They just have not agreed on anything yet. Book value is above 5 but that includes inventory and intangibles. Don't get me wrong. I'm a buyer on the renegotiation news I think is coming but there is a high risk of BK while covenants are in default. During the last call the company said the lawsuit was substantial and took them into default which led them into renegotiation in a special circumstance.
The company finally has the right setup. You can't sell to doctors without hiding the fact you are selling to consumers as well. Breaking out the Direct to consumers (DTC) business and partnering with a huge company like Unilever under the company Iluminage Beauty was a huge positive. You don't want Syneron anywhere in the name as you approach doctors with a more powerful but yet competing product. Now Syneron will share much of the cost to educate consumers which end with a big bump in earnings. Today the stock went up big but I think we see 20 within 52 weeks and the current price target of 16 by the end of the year if not sooner. A lot of people are reentering the job market and having the first discretionary spending in years.
The company is shady. We will find out soon enough. NURO may be letting that investor sell shares before announcing the dilution and killing the rally. I may me wrong but I just don't trust them. Make sure you get together and hire a good lawyer when you find out. I'm not getting drug in this time but manipulation could very well take it much higher as well if those shares were not sold or the buyer will support the stock.
The company is increasing revenues, buying back stock, and doing all they need to except showing up to investor conferences and having more conference calls. A 52 week high could enlighten investors to the APT story which makes it a buy. Earnings will likely accelerate as sales do.
A 52 week high put us on radars. HD, Lowes, Builders, are all doing well and up 100% or so in the past year. APT supplies builders and should be far higher as well with the success the company is seeing in its building supply category. If we hit 1.95 I believe we could see 2.50 or more a week later.
How does a stock that has less than 2 million in float trade over 10 million in two days? I'm pretty sure a dilution has already occurred and we are just waiting on the announcement. The company just gave the new investor enough time to create a pump and dump the shares at a profit before announcing that dilution occurred at $1.50 or so where it usually does when the stock is trading at $2. Then the stock falls to $1.40 overnight and trickles down below $1.00 where they do a reverse split and start the cycle all over again.
Management is corrupt and would do something like this so the company can get more money to pay high salaries. The stock was really $1400 about 6 years ago relative to today's $2 when you take into account how many times the company has followed this pattern of dilution. Think twice before being a long term investor. It's OK to try and ride a pump but stay away overnight because bad news for you may be coming. Shai will sell 4 times them amount of shares outstanding at a 30% or more discount. Crazy how this company stays in business. Probably the only company in history to loose 99.8% of an investors investment in a little over 6 years without bankruptcy because somehow they sucker more people in with their "high growth" prospects and great products. I bet Shai will be in jail someday for all the shadiness behind how his company stayed alive.
We rate ALPHA PRO TECH LTD (APT) a BUY. This is driven by some important positives, which we believe
should have a greater impact than any weaknesses, and should give investors a better performance
opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its
revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive
valuation levels, expanding profit margins and compelling growth in net income. Although no company is
perfect, currently we do not see any significant weaknesses which are likely to detract from the generally
The revenue growth came in higher than the industry average of 7.6%. Since the same quarter one year prior,
revenues rose by 18.2%. This growth in revenue appears to have trickled down to the company's bottom line,
improving the earnings per share.
APT has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a
relatively favorable sign. Along with this, the company maintains a quick ratio of 11.79, which clearly
demonstrates the ability to cover short-term cash needs
Good luck to you. Sensus has no more technology than an ab belt and the idea is not patentable. 75k in revenues and it will never make the company. Dpn check has a chance as long as the company does not give up on it like everything else
NURO finally has interest... I bet there is already a deal to dilute at 1.50 or so with options to buy more at 1.75. An I bet those individuals are already selling the shares into this rally. We will hear about it soon enough. the company needs more money to pay salaries. NURO is usually not one to hold overnight... buy I could be wrong. They could finally prove me wrong and actually let a run last a few days and dilute at much higher prices. Dilution is coming none the less it just depends on where. Hopefully they are nice to you shareholders and care a bit less about paying large salaries for years to come. I was a shareholder for part of today but don't dare hold overnight knowing management track records.
And they did not even issue a pr on that news. That's when I began thinking the company wanted the stock to go down. I bought in seeing the nasdaq form thinking id make a fortune on the release. It never came that day or ever and the stock almost ended negative that day. Yet the issued a PR on top of the more nasdaq form about their dilution that year.
Lets see how long management lets it last before dilution to pay big salaries on little revenue. Last time it was the very next day and I was lucky to be out with a nice gain. This time I missed the start. Good luck to you.. you need it since management has little regard for shareholders.