what happened to everyone's recent posts? they seemed to have taken the same path as cdti investor capital, vanishing into thin air...
(TOPS) IS MOVING UP! WHAT!!
Georgie blowing out the candles:
no new announcements since dismal earnings report almost a month ago. cdti = still bleeding out?
no announcements and gradual share price erosion (<$3 as of this post). wonder if they're now under a cash crunch and when the ensuing equity dilution will occur.
I just returned from two weeks away with little contact with the outside world NO contact with the market. So what happened during my absence:
#1. My portfolio positions dropped from 18 to 17 as one of my sell orders hit. That means that I still have two positions (Ford and CDTI) that I desire to exit completely in 2017. By comparison, I left 2016 with 21 portfolio positions.
#2. My portfolio value grew 3.68% from COB 5/15/17 to 5/31/17 but only 2.39% from the end of April 2017.
#3. My 2017 portfolio performance ended May at +14.88% thereby beating the DOW (+6.31%) and the S&P (+7.72%) but falling behind the NASDAQ (+15.15%). By comparison my portfolio performance in 2016 was +10.08% at the end of May with the year of 2016 ending at +24.25%. Will I ultimately catch the NASDAQ ….... it's possible …... but that may require the five tech stocks that drive that index lose some of their fire ….... which could happen. The NASDAQ was up 2.81% in May.
So ….. what do I expect for the remainder of 2017? I expect that the market will remain in an overall slow growth mode through the summer with the another possible sprint upward in the 4th quarter. I expect this will depend on implementation or near implementation of fiscal policy and no big worldwide upsets.
I'm now sitting on a pile of cash (for me that's about 5%) and looking to invest primarily in positions I already hold if, or when, they dip. I also want to peel-off some shares in my second largest position which just reached an all time high a couple of days ago but still has about 6 points (11%) to go before I'd take that action primarily because that would result in almost doubling my cash position.
My biggest current problem is finding a home for the cash since everything I'm looking at is high with the possible exception of two stocks. Both are somewhat speculative and I'm not quite ready to increase my investment in those positions ….. just yet.
If anyone has any bright ideas I'll be a willing to listener and will answer any appropriate questions to the best of my ability or the ability of my crystal ball.
yep to bad thought awhile back they had disruptive technology only problem all they ever did was disrupt share holders. Reverse splitting is what they are really professional at😩
Who says CDTI isn't poised for potentially massive upward movement? Im not sure about you guys but aw-esomeSTOCKS has provided me with some pretty good trade ideas. I messed up executing some of them but thats on me.
if there is a Durafit deal, -will they get some money up front? I don't think they were losing money on Durafit ? Margins less, but still profitable - if they can reduce their costs while boosting their margins it could help a bit ... I'm still on sidelines ..watching for a clear sign they can turn ship around..
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 2,830 NASDAQ Stocks Price Analysis This stock mode of correlation coefficient is 0.3 In other words, the correlation coefficient of the other stock
is cdti burying its earnings turd in the back corner of the litter box today? we'll find out. meow.
Breaking things down:
Cash down $5.393M to $2.446M
Biggest 1st qtr drains on cash: Prepaid expenses $246K, shareholder notes paid $1.803M, accrued expenses and liabilities $1.55M, R&D $364K, that all adds up to $3.963M. I have to wonder why CDTI is prepaying more expenses and lowering expenses and liabilities while increasing R&D when they don't have enough cash left to make it through the 2nd qtr.
On the more positive side, accounts receivable were down $427K and inventories $705K. The inventory number doesn't necessarily jibe with their statements that they're costs were higher due to palladium.
They had better get cracking or they are going to run out of cash …. which makes me continue to feel a DuraFit deal is on the near horizon.
See you in two weeks as I will be opening up my camp in the U.P. of Michigan.
•Net loss was $3.1 million, or $0.20 per share, compared to a net loss of $2.8 million, or $0.76 per share in the first quarter of 2016. •Cash at March 31, 2017 was $2.4 million, compared to $7.8 million at December 31, 2016.
running out of cash ....................................
George if you sold as you say you have, then show the trades. Interesting how when this ran up a little, you all of sudden claim you found 13k shares hiding under your blow up doll. You are a delusional old man. Always claiming things after the facts. You were bashing this for the past 6 months, while holding 13K shares and you somehow expected good news? Here's what you do, you go out looking for a new vagrant. Buy him a milkshake, invite him back to your truck and leave the cash in the glovebox. Hopefully it finds some support, so you can say that you found shares. Everyone here has left, because you are a loon. See you in another 3 weeks, to laugh at you.
OT Big News OT
#1. The first trade deal with China has been cut. It involves opening Chinese markets to certain U.S. financial services, beef and LNG while it opens the U.S. market to cooked chicken parts, etc..
#2. Apple issues $7B in corporate bonds.
#3. Wal-Mart CEO will undergo questioning on bribery in Mexico.
So …... what might this tell us.
#1. The door has opened at unprecedented break-neck speed with China and the “financial community” has their foot in the opening. Beef farmers will be dancing in the streets and there will be a huge home for LNG after facilities are allowed to be built further indicating the potential future dominance of the U.S. in the energy field. Shorter time bottom-line ….. the beef prices will go up and the “financial community” will easily be able to afford their steak while many others will be stuck with cooked chicken parts.
#2. What's Apple got cooking??? Are they going after cheap credit to fund something inside the U.S. now because they don't want to wait for their offshore funds to be repatriated?
#3. No matter how big and powerful you are you can't do business in Mexico without bribery.
Comments, opinions or ideas???
pass the kitty litter, that was a big stinky one.
another earnings announcement scheduled "after market close". do they need the extra day to prepare and close roger's "big deal" or are they trying to bury poor results again? i have my guess
Will we get some type of announcement from CDTI after close today ….. I suspect it's possible but if not, IMO an announcement in the near future (days or a couple of weeks) is imminent.
IF so, what will that announcement be?
I think the greatest possibility is still the sale of DuraFit and that sale will be to someone who we have, to this point, not considered.
IF DuraFit is sold, and CDTI is smart(?) the sale would include some sort of provision that CDTI would continue to supply coated substrates which would provide important revenues to CDTI for a tide-over period (maybe years).
IMHO someone knows something (maybe from the “financial community” who could be arranging financing) and they are trading on that insider information.
Again ….. IMO its just a matter of time and most of that time is being devoted to crossing the T's and dotting the I's and finalizing financing.
IF DuraFit is sold the $64 question is what will happen to share price and when do we bail?
By the way, Yahoo used to list CDTI employees as 118 and have changed that to 97 but I suspect that the current level of CDTI employees is less than half of the listed 97 and if I'm correct, that's an important cost savings.
"CDTi is like a hopped up, over-heated jalopy that can putter only so far before grinding to a stop. Sometimes you’ve just got to leave the wreck at the side of the road and walk away."
Google: "Clean Diesel Technologies (CDTI): Heading To The Junkyard"