I don't know why the red, CPSS is a growing company, strong earnings, nearly clean balance sheet - what can they do to trade at normal valuation??
I don't see any reason for it to be trading below about 8.50.... very interesting.
It appears to me that CPSS doesn't everything right, they are growing, have STRONG earnings, yet their stock lags?? What gives? Id like an explanation from an outsider though, because anyone that owns the stock is biased.
Im not sure what the market sees in CPSS to keep the price down.
28ish has been supports 2 other times, so I am giving it a 3-4% cushion below that for the quick dip that could happen - but I think this plan could pan out. If earnings and guidance are bad, I will pull the plug and find another stock.
This plan worked for NOK and RRD (however much bigger companies) when everyone thought they were down and out, and now they are back, much much higher.
BOL as well with whatever side you choose - obviously i am bias, but if you arent already short from higher levels, I wouldnt short it here... the chances it falls to $25 or under is pretty slim in my eyes.
I think the expectation is an earnings miss and downward revision of guidance, HOWEVER, everything about this company is negative, you would be hard pressed to find some positive news/headline.
That being said, I have decided to go long SODA at 28.72 (bought on the dip last week), with a stop loss at 27.25 in that case where the support is broken. The only fear is a large gap down, HOWEVER, with all this bad news, a large gap down WOULD be down to that 27 level. a 10% move on earnings would be about right.
I figure my risk/reward is there, I am risking 8% for the chance at 20-30-50%, who knows what can happen with SODA. I figured I should get in before earnings, and I would expect most shorts to cover before earnings as well, so i think 30-31 before the ER isnt out of the realm of possibility.
Its all based on the Brazil economy and they are on their way back - CIG will be back to $10 before year end. PLUS BIG DIVIDENDS - its a great stock. I wish I would have bought more down at 7.... my position is only half, so im waiting for a pullpack to buy more... unfortunately it may never come
Looking at almost 1.00 EPS this year... thats a CHEAP STOCK! They are growing their portfolio - this stock is bound for a good PPS increase, this dip was a great place to buy. It should head north of $8 tomorrow
Earnings once again fantastic, growing, adding to the portfolio.... expect green tomorrow.
Well, we got back above 5, so next week should be telling. Strong day today, but still a rough month for SCLN. I think earnings will be a booster - as they are continuing to grow
I got mine through Fidelity yesterday as well, "07/18/2014 DIV OF $XXXX PENDING REINVESTMENT as of 07/17/2014"
Looks like perhaps it will reinvest tomorrow, or over the weekend and closing price. I just wish I could have got it reinvested at 8.30 instead of 8.60.
All the reinvestments is another reason for the price increase I would assume
Probably early August, Aug 11th or 12th is my guess, perhaps earlier like the 4-6th, but I would think since its Q2, the later dates.
If news is bad, then Friday Aug 8th (but I expected a Monday - Wednesday release)
Im not sure what point you are trying to get across... MPS was using the MSLP name, but wasnt associated with the company anymore. Their agreement has been terminated, and NOW they changed their name so they are no longer to be associated with MSLP.
There are a lot of smart people inside of MSLP running operations. Pyatt has learned a lot over the last year or 2, and I think now he actually has some business sense. When he started MSLP he thought it was just a fun idea and I GUARANTEE he didn't think they would grow into this size of a company. He made those mistakes, giving stock away for nothing.
AFTER THE SPLIT you had to realize that Brad then understood the business and the shareholders... since he is a major holder.
If there were felons inside of MSLP they would be out and arrested by now. Perhaps Brad and Corey will be arrested, and MSLP will be in able hands... since they ARENT the brains of the operation.
Its been a year + since the SEC starting looking into MSLP and Pyatt and Gregory were 'felons' they would know this already and we would have heard about it ALONG TIME AGO.
I understand the past of MSLP and the people that they associated with - I understand their checkered past as a penny stock, and changing things around take time. These gentlemen that you are listing are no longer assocated with MSLP and if they still were, THEN I would be a little worried, BUT, they are and have been out of the picture for ALONG TIME
Also, if we cant get back above $5 within the next few days, there really isn't much support around these levels, 5 is a critical level
Yeah, and unfortunately SCLN got lumped in with many of the other biotechs that actually are 'stretched' but SCLN has a low valuation with a PE around 10 with no debt and lots of cash. SCLN is a diamond in the rough of many of these biotechs that go through hoards of cash. Their pipeline isn't as strong and promising as many other companies, but SCLN should continue its uptrend and I expect a bounce back by the end of the week
Yellen actually singled out 'small cap biotechs' as stretched in her testimony on capital hill today... hence the sell off. That is why SCLN is down today. I see this is as a good buying opp... still a cheap stock with a decent pipeline.
I can never keep straight what dividends I have coming and have been paid - but I got a .40/share divvy payment this morning (or about 0.40). Im not sure which one that is. But this is a long term hold to get 10% back in divys a year.