Seems to be the pattern. Low volume sell off and then earnings come out and it gaps up. I don't know how the market maker does it and makes money but seems to repeatable.
Couldn't find it anywhere in the press releases or filings. Have to believe with the new investment banker on the board that they wouldn't have moved forward with the purchase if it was going to put the company in jeopardy. Anyone know how much?
Hey douche aka gangbanger (and all your other aliases) - how do you sleep at night putting the garbage on the boards that you do? I wonder at times if you are not posted from a jail cell.
Bobo, you are a fraud. There are still 1.7 million shares short and you have some affiliation with them. AVX 14 PE, VSH 12 PE and once NEC is combined with Kem and restructuring completed, $2.69/share (slide 25 of presentation). Put Kem at an 8 P.E. and that gets you to $21. There is no disputing 2.69 x 8! And there is no disputing 2.69 x 10 = $ 26.90 or 2.69 x 12 = $ 32.28! No one cares that you've been right in the past, what people care about is the future and that being short is soon going to cost you sizable money!
New presentation projects eps of 2.69/share after Niotan acquisition is completed taking into consideration further restructurings. This is looking out to 2019. April 1 is the beginning of 2016 fy. I can wait 3 years for a 5 bagger.
Market maker will take it below there and I'll bet that it will quickly come back up. Any takers?
Spikes in volume on many stocks to the downside happen on a regular occasion and many times call the bottom on a stock. It seems to be a new pattern that the hedge funds have now programmed into their algorithms. Reality is that the huge volume selloffs in many cases are "manufactured". Much of the way above average volume is selling back and forth by the same player. Volume is not as reliable indicator as it used to be. If you would have bought the latest spike in Silc volume you would be a very happy camper now.
Take a look at the new presentation. Combined numbers of KEM and Nec. Very coservative estimates in my opinion. One slide did say 3 million quarterly cost savings by q2 of fiscal year (July to Sept. quarter). That alone is another .20 to .25/share in earnings. That has nothing to do with refi of debt and the other addition 2 million is savings soon thereafter from restructure of f and e. I love the analysts estimates on yahoo as they have dropped for next couple of quarters. I believe that some of the analysts (I'm not saying about Kemet but I wonder at times) are analysts paid by the hedge funds. Many money managers buy and sell based solely on rising or falling analyst numbers. If you are short what would it take to put a couple of analysts (paid by some firm owned by the hedge funds) to publish numbers that are low for a reason? Nothing would surprise me in today's world with all the money that's made by the hedge funds.
Hey Bobo, why would anyone who has no position continue to post? I think you are not telling the truth in that you do have a considerable short on the books or are being paid by the shorts. Either way, don't know how you sleep at night posting 1/2 truths. Good luck to you!
Cadian Capital sold out 2 million shares in Q4. The shorts had an opportunity to cover and only pulled in a few shares. Now we are ready to go skyward!
Cash was up 9.5 million in Q4. If they are generating cash now, imagine what they'll do when oil goes back up in price. Not one iota of a chance of bankruptcy here in my mind. Buy and wait 12 to 24 months and you will be very happy.
If you look at institutional holdings per nasdaq only one fund of any size was selling out as of 9/30. The other funds were pretty much adding. Cadian capital went down 700k shares in the third quarter. That leads me to believe that all this volume is fake volume. Waiting to see if Cadian was a sizable seller in q4.
Can't make the call otherwise I would ask Rigdon myself Thursday. Can one of you chime in on the call regarding: 1. What breakeven price on Methanol do we need to break even on the plants 2. Does he see revenue in the next 3 months and 6 months from GE/Pakistan and any other projects outside of the plants we are running or have a minority interest in and aren't running. Thanks.
Once they start what's the possiblility that the coastguard can stop them in their tracks? Could they ramp things up and Obama/epa/coast guard says #$%$ guys and make them halt the barging in a heartbeat or would Magnum file a lawsuit at that point and a judge would say go ahead and continue to barge until we get a decision classifying the waste as fracking disposal waste rather than than oil waste? I always look at worst case and likely scenarios. Anyone have any thoughts?
Analyst, sounds like your short that 600k shares. When are you hedge funds going to learn that there is more to shorting than a computer program. Don't you know that there is a good chance that they are going to be bought? Your 600k short may turn into a 2 million loss really quick. Good luck to you. They announced their earnings call and will be discussing "business activities" according to their press release. This is the first time I've seen this language in the earnings announcement.