Thanks for the comment asa6e. Paid Bashers that post against me, often using multiple names, or follow me from board to board, somehow foolishly believe that I carry lots of influence and think by bashing and discrediting me they can prevent others from buying the stock or scare them into selling it. Nevertheless, as you can see I never express a buy or sell sentiment or recommend a stock though I always candidly express my own views and actions about a stock. As you have indicated, GURE has great potential and we shall soon see some of it realized.
You may be right about a breakout which has to come eventually, but the current pattern of trading is repeat performance. It seems like a slow and gradual pre-earning rise with little volume.
Agreed montecker. I got cash but reserving it for possible pre earnings drop in price in several stocks. So far I have been buying PME whenever I can. Nevertheless, I may pick up 20,000 shares of CHOP tomorrow if it goes down further.
of few hundred shares which is characteristic of trading this stock most of the time is meaningless. Instead of nibble trading we need nimble trading and high volume. Then we should easily and in no time surpass $1.50s.
$2.00 will be certainly nice but since I am overloaded with cheap shares I have to start taking out out profits incrementally in $1.60s.
I originally bought HMPR because of a low price and expecting a merger/buyout since the insiders owned most of the shares. The same reasoning applies to PNBK. I first bought it at around $1.00. There has been some changes to HMPR fundamentals and I now think that if there is a merger/buyout it will be much later. I still hold some shares but unloaded about 2/3 of my position with a nice profit mainly because it was stagnant and I could use the money elsewhere and turn it over faster. I will do the same with PNBK if it does not show a major breakthrough.
What do you mean by "replace"? And whose radar. The meat scare is like a double edge sword. It may temporarily reduce aggregate meat consumption but at the same time increase demand for pork as a substitute.
It was trading at around $3.50 before the CEOs phony buyout offer and since that time it has reported significant financial improvement and two quarters of positive earnings. If we don't get another buyout offer (it would be cash offer this time) and their next Q report is also good, we should see well above $3.00 prices sustained and rising for the rest of the year.
As of end of December the cash was $202.8 million and $5.6 million was paid in dividend. There is no information about share buyback. The company guidance is for positive earnings last quarter and much stronger performance during the second half of they year. If the guidance holds we should see nice improvement by the end of the year. But you should note that ZA is not directly based on its performance or cash value. It is rather a highly manipulated stock where profits are made through manipulation and its price fluctuations.