Nurses working at a St. Luke's hospital in New York have claimed that there are several cases of the new SARS-like virus in the hospital's ICU, which have gone misdiagnosed and that are in fact the new deadly virus.
A nurse who works at the hospital believes there is a potential outbreak of this new SARS-like virus and she too has now been hospitalized with flu-like symptoms. Although hospital administrators have made no comment about this matter, people have indicated through research that it is influenza B. The nurses are disputing that claim stating that in fact the new coronavirus is the culprit.
Earnings will be immaterial. Forecast will be immaterial. The markets always start to price in news well in advance of it becoming news. Shipping rates have bottomed. While they may not go up appreciably until 2014, the entire shipping sector is showing signs of life and a recovery is already starting to get priced in, even if it's another year away.
I expected this. The weekly charts showed this was very overbought, even though the monthly charts show this has many more months to rise before being overbought. The drop in price this morning is temporary. I would be loading up here as this is headed for double digits in time.
No guess about today, but over the next few months, CHLN will follow HGSH into double digits. I give it 6 months and CHLN will be over $10. I am also being somewhat conservative.
Revenue was $54.4M, forecast was $30M. Gross margins took a hit but should recover next quarter. The revenue number was a blowout and further cheapens this stock. Should get a nice boost today.
HGSH reported earnings yesterday and they were spectacular. HGSH is the closest company to use as a measuring stick for CHLN. One thing to watch for is that the Chinese government has levied a 20% tax on profits from real estate resales to keep housing prices in check. HGSH said this wasn't a problem for them because they deal with a lot of first time homebuyers and the 20% tax doesn't apply to them.
The numbers tomorrow will compare to sales $23.5M and net income $2.23M. I expect the sales number to be blown away. We will see about profit.
From April 15 to April 30, BCRX short interest increased an amazing 30.6%. From 5m to 6.6m shares shorted.
Any good news will cause a huge short squeeze here.
I will give you just a little taste. JVA is about to go a lot higher. It has NOTHING to do with fundamentals, margins or anything. Chart says it is going higher. A lot higher. I can tell you dozens of other companies that are headed higher as well, and in fact, entire industries such as solar (wink wink) even though the fundamentals are garbage.
You are so misguided it's not even worth explaining it to you. You have NO idea how much money you can make if you learn what to look for in the charts.
Your short on NVDA is ill-timed. I bought NVDA hand over fist a couple of weeks ago because the short, mid and long term charts all showed this stock was about to break out. Now that is happening and this is in LONG TERM bullish mode. The stock buyback will keep the stock elevated until Q3 when NVDA returns to growth mode.
Indications are NVDA is headed to $22.50.
I have noticed that the stock price of JVA goes up and down with the price of coffee. Looking at the price of coffee, it seems to have bottomed and I am seeing signs it is starting to go higher. JVA may go up in sympathy with GMCR, but there may be a more fundamental reason. My guess is, JVA is about to start a long term bullish trend. The charts certainly show that to be true.
You won't have to wait long. Results of the tender offer will be announced tomorrow. The deadline was 5pm EST tonight. My guess is they exceeded the 50% threshold for the deal to proceed.
I would also say this. No significant news has been announced in the past few years without EDAC stock price reacting to the news before it was made public. If the Greenbriar deal were going to fall through, the stock price would have shown signs of collapsing by now. There is a huge information leak in this company, has been for years. That said, I am 99% certain the deal will be official tomorrow, or at least the next step will go forward.
ESEA is $1.08 as I write this. Motley Fool has warned everyone to stay away from ESEA. There is no stronger buy signal than this. It is even stronger than if Jim Cramer says to stay away. I promise you ESEA is about to explode higher, take a rocket ride along the Motley Fool contrarian indicator!
This stock has essentially flatlined since April 2012. Very low volume during this time too. The market maker may actually be dead. Perhaps someday the MM will be reincarnated as a zombie and actually start to move this stock and bring some volume with it.
Mr. Evans is NOT a smart person. He sold 691,376 shares a couple of years ago right AFTER the stock collapsed to $1.22 (it was over $2 a week earlier). The price is now double from when he sold those shares. His first sale was a major fail, bad timing on his part, not an indicator of future NVAX performance. Thinking it's different this time is a bad measuring stick.