SCON Ready For Breakout
SCON breaking downtrendline AND will go from development to production in a multi billion market. Superconductor Technologies Inc. Takes Possession of Advanced Manufacturing Center of Excellence in Austin, TX - On track to accept equipment delivery in Q1 2012 – Our price target is $2.25 near term. Jeff Quiram, STI’s president and chief executive officer, said, “The opening of our...
January 14th, 2012
DNDN Continues Rise
Dendreon Corporation (NASDAQ:DNDN) broke out with rising volume. Next resistance lies at 12.75 and if DNDN can get a close above this level it should bring a target of $14.00. The stock is in an uptrend and the MACD indicator is above signal line. We think any pull back would mean great buying opportunity. The CFO recently bought 30,030 shares. The big jump in share price is from the company’s...
January 7th, 2012
Ford Up 3.15%
Is Ford going to be a dividend play in the near future? Ford is indead Leading consistently from the front, not trying to jump in front at the last lap of the race, running just ahead of the madding crowd, like Honda. My guess is that Ford will begin paying a modest dividend in 2012, as they need to get investors re-focused on the company. We think initially 2 – 4 cents/quarter, generating only...
December 5th, 2011
AMZN Record Cyber Monday Growth
AMZN experienced a 58% growth in Amazon same-store sales over the holiday shopping weekend, as sales on all channels climbed steadily each day. “This year, Amazon same-store sales growth is steadily climbing instead of fluctuating between daily highs and lows like last year, indicating that this Cyber Monday GMV could be another one for the record books,” said ChannelAdvisor CEO Scot Wingo....
November 29th, 2011
GOOG Heading North, Up 4.5%
Google (GOOG) are up $26.03, or almost 4.67%, at $588.84 after Citigroup’s Mark Mahaney raised his stock rating to Buy from Neutral, with a $680 price target. Googles P/E multiple has fallen to a little over 12 times his 2012 estimate of $45.32 in profit per share. The Google will also seek European Commission approval of its $12.5 billion purchase of Motorola Mobility(MMI), according to...
November 28th, 2011
T-Mobile & AT&T Merger Nixed (T)
The Department of Justice (DOJ) and Federal Communications Commission (FCC) has denied the attempted merger. I’m here for the 6.5% + dividend, and as a cash safe haven – as much as a bureaucratic giant can be in the USA. AT&T’s poor service is legendary, and well earned, few can argue this point if you are a consumer here in the States. AT&T exists in a mature marketplace,...
November 27th, 2011
ROYL Runs 17%
Royale Energy, Inc soared 17% Wednesday on heavy volume. ROYL finished strong with not a lot of selling into the close. It looks to us that there is a good amount of accumulation going on. We believe the conditions for Royale to post nice gains are similar enough to result in the past run to $7.00+. Most of the optimism surrounding this company is driven by its natural gas, yet natural gas has steadily...
November 23rd, 2011
BioMimetic Therapeutics (NASDAQ: BMTI)
Shares of BMTI soared more than 4% on Tuesday after Collins Stewart Starts BioMimetic Therapeutics (BMTI) recommended a Buy Rating. They also give the stock a $7.00 price target. From a technical perspective, the stock has been falling since the highs of October and seems to be forming a very bullish wedge pattern. This means that there could be a rebound taking place soon. It’s slow stochastic...
November 23rd, 2011
YGE – Looks Like A Bottom Is In
I am starting small position in YGE…looks like the bottom made on 10/04 has held well with a higher low put in yesterday…volume is average at best. There is a nice gap that needs to be filled from $3.80-$4.04… Stochastics is showing a buy signal on the monthly. YGE decent relative strength seeing as how it held up fairly well yesterday and today has been sitting steady into the...
November 22nd, 2011