Stocks on the Move in Pre Market
INO looks like its bottomed. the Robmen conf is coming soon.
SOMX almost hit 3 last week. Our price is 2.19 Look for shares to triple by the end of the yr.
LVS looks very nice this morning. Take a look at the options.
Stocks on the Move in Pre Market
INO looks like its bottomed. the Robmen conf is coming soon.
SOMX almost hit 3 last week. Our price is 2.19 Look for shares to triple by the end of the yr.
LVS looks very nice this morning. Take a look at the options.
Stocks on the Move in Pre Market
INO looks like its bottomed. the Robmen conf is coming soon.
SOMX almost hit 3 last week. Our price is 2.19 Look for shares to triple by the end of the yr.
LVS looks very nice this morning. Take a look at the options.
SOMX on the move
We first talked about SOMX a while back at 2.20 a share. Shares have bounced up and down as low as 1.90 last week then boom volume picked up and the stock went as high as $3.20 in one day. We think shares are undervalued and will see much higher prices by the end of the year. If you dont have a trading strategy then you might want to consider buying some and holding it for 6 months. We look for double digits within 6 months.
PIPE Report
Sierra Bancorp Common Stock Financing August 31, 2009
Wunderlich Securities placed a $21.3 million common stock offering for Sierra Bancorp. The shares were priced at a 16.2% discount to Sierra’s closing share price when the deal became final on Aug. 28.
Facet Biotech Invests in Trubion August 31, 2009
Trubion Pharmaceuticals agreed to raise $10 million through a common stock PIPE issued to Facet Biotech. Shares were priced at a 35% premium to Trubion’s average trading price in the 60 days before the agreement.
Former Faro Sales Exec Settles Bribery Case August 28, 2009
A former sales director for PIPE issuer Faro Technologies provided $444,000 in bribes to customers in China, according to a lawsuit filed by the Securities and Exchange Commission.
Few Dare to Tread in India’s PIPE Market Posted August 28, 2009 4:00PM PST
Private equity investors have mostly vacated the PIPE space in India, but a few PE and VC funds–like Sequoia Capital India–are still involved.
Stocks to Watch
Energy firms AEI files $863 million IPO in U.S.
AEI, an energy infrastructure assets in emerging markets, filed to raise up to $863 million in a U.S. initial public offering.
AEI plans to list on the NYSE:AEI wITH its headquarters in the Cayman Islands and also operates out of Houston, TX.
Goldman is the Banker. So put it on your screen for next years big winners. I plan to get in the pre IPO this summer. Got to know people at GS.
More than 150 UBS clients reportedly to face U.S. charges
Tax deal could come as soon as Wednesday; more banks identified in probe
The court document, filed Tuesday, offered the first official confirmation of criminal investigations into Americans who used Swiss bank accounts to avoid U.S. taxes, according to a Reuters report, which added that the number of criminal probes is widely expected to rise to 4000 or more soon.
The filing, submitted to a U.S. District Court in Florida, involved a recommendation that UBS whistle-blower Bradley Birkenfeld be given a 2 1/2-year prison sentence instead of the five-year sentence he is eligible to receive, according to The Wall Street Journal.
Former UBS private banker Birkenfeld pleaded guilty last year to helping Americans evade taxes.
Stocks to own
OLVS
INO
SOMX
Stocks to run away from.
Marani Brands MRIB.OB What a shame this one is. If you own it your going to want to do some DD. What a scumbag crew hyping poor unsuspecting investors\
pennystrock picks BEWARE
With good thought comes wealth.
The mind is very powerful. Negative thought will creat a negative outcome.
Choose your thought carefully .
Thought of the DAY. INO will take off very soon.
And many will become very wealthy.
A cardiff calif med company is going out of business. GREAT SHORT.
The Exploding IPODS
Apple and the Exploding phones
Apple is investigating reports that one or more of the company’s iPhones exploded in Europe, a European CommissionEuropean Commission spokeswoman said Tuesday.
The spokeswoman for the EU executive, which oversees the safety of consumer products sold in the 27-country bloc, said Apple had described the reported incidents as isolated.
Apple said it was aware of the media reports, which include a case in which a teenager in France said he was slightly injured when his iPhone made a hissing noise and shattered, but did not comment on any contacts with the commission.
But a spokesman for Apple Europe Ltd. said: “We are aware of these (media) reports and we are waiting to receive the iPhones from the customers. Until we have the full details, we don’t have anything further to add.”
Source Rueters
Shares of INO AMEX will start to move anytime. Look for 2.70 to 3.25
LVS We love it in the 11 range back to 20 by first Q next yr.
To get the Blog report in realtime up to the minute email us at maximuspartners@gmail.com
In the subject title put Morning Report.
Happy Trading
PRE MARKET STOCKS
California Water (CWT) initiated with a Buy at Longbow; tgt $45 (36.97)
Uranium Resources (URRE) Q2 EPS of ($0.04) revs fell 73% YoY to 1.79 mln (no estimates) (1.04)
Investment Tech (ITG) upgraded to Outperform at Wedbush Morgan raised to $27 from (23.48)
the firm raises their FY09 and FY10 EPS estimate to $1.72 and $1.92 from $1.65 and $1.68 (consensus $1.58),
Currently Futures are down. Asian markets closed up.
More nEWS ON ino
Estee Laude (el) raised to $43 as the potential stabilization in Europe could represent a catalyst(37.21)
Futures up in Pre Market
U-Store-It (YSI) upgraded to Outperform at Raymond James
Key Energy upgraded to Market Perform at Raymond James
Gymboree EPS ests and tgt raised to $51 at Wedbush Morgan following solid July sales and gross margin trends Wedbush Morgan raises their GYMB tgt to $51 from $49 as the co reported Q2 comp of (1)% and raised earnings guidance to $0.32-0.35 from $0.19-0.24, significantly beating the firm’s above consensus comp and EPS estimate of $0.26 (consensus $0.25).
Aeropostale ARO ests raised at Caris following yesterday morning’s raised guidance and strong July performance in the beginning of the south’s back-to-school season
Futures vs fair value: +10.80. Nasdaq futures vs fair value: +23.30.
Stock futures are up on better-than-expected jobs report for July induced a spike in buying that has taken stock futures markedly higher. The 247,000 jobs that were lost last month still suggests that the labor market is week, but the fact that the tally marked the fewest job losses since August of 2008 is telling that things have improved. However, the wide recognition that the economy is not in the same place that it was six months ago has been a driving force behind the stock market’s heady moves in recent months.
SocialVibe