Hello StockDoubling members,
I wanted to write today about why I still like DFNS.
If you take a step back and assume today was the first day you heard of DFNS here is what you have.
The company has roughly 29 million shares. And is asking .39 (how much you could buy the stock for right now) So 29 million x .39 = $11.3 million market cap for the company.
The company has already done $14.2 million in sales for the 9 months. And say they finish the year with a TOTAL of $17 million in revenue. Normally I look for stocks that are less than 2 Price to sales ratio. Well if you take $11.3 million market cap divided by $17 million in sales you could up with a .66 Price to sales ratio. Well below even 1!
A 2x P/S ratio would mean the marketcap is $34 million. Which is a triple from the current stock price levels!
Next looking at Book value the company has a book value of about .24 per share. The stock trading at .39 so the price to book is 1.6x Price to book. Yes before it was trading higher than 2x Price to book but I will talk about the reasons in the next section.
Next I look at growth is the company growing quarterly and yearly growth? The answer is a big YES!!
The company did $10.6 million in revenue last year. This year they should do around $17 million! That is a 60% increase in revenues year over year. Last year they lost roughly .01 per share. This year so far they have earned .042 EPS and even with an OK quarter could make it .05 for the year.
This company has earnings. Based on the current earnings of .042 for the 9 months we are still trading under 10x PE for a company that is growing around 60% for the year! If they do .05 for the year that is around a 8x P/E ratio. Assuming growth continues (not at 60% a year but continues to grow strong) a 12x PE isn't unreasonable. And that being said we should be at MINIMUM .50 right now.
That is why I wouldn't sell a share at these prices. If I had never heard of DFNS until today I would seriously buy this stock for the stock doubling project. Again unless sales totally dry up I don't see a ton of downside to this stock. Book value is still .24 and revenue is still $14 million even if they didn't have 1 more dollar of revenue for the year.
The 3rd quarter was the 2nd highest quarter they have had in a long time.
I will hopefully contact the company this week and ask a few questions and get back to you with the answers etc..
Again unless the company comes out with news that sales are drying up I see no reason why this stock isn't in the mid/high .40's by the end of the year which is a 15-25% return in that time.
I wish you the best in your trading.
Happy Thanksgiving if I don't talk to you before then.
Steve Hoven
alleycatnews@alleycatnews.net
Monday, November 19, 2007
Thursday, November 15, 2007
New StockDoubling Monthly Pick
My Next StockDoubling Monthly pick is.....
DFNS that is my OFFICIAL release. At .39. I can't buy anymore as I have all my money tied up in it anyway.
But at those prices its crazy!!!
At .39 x 29 million shares = market cap of $11.3 million. They have already done $14.2 million in revenue for the 9 months and will probably be around $17 million for the year. That is .66 x Price to sales.
Book value is at .24 so you are only trading at 1.6x book value.
EPS is at .042 for the year so far. Which means you are trading at less than 10x PE. And if they added just .008 to the 4th quarter that would mean .05 for the year.
I look for DFNS to rebound and fill the gap it just created by the end of the year for sure but I would think quicker than that. I think a 20-25% move up in the next few weeks from these .39 prices is quite possible.
Of course if DFNS comes out and says sales will slow down and we have no new contracts down the pike things could change. But the downside at this point doesn't seem too much and the upside seems to be good.
This is an official MONTHLY stock Doubling pick and it is FREE!
Just like NOEC and TATTF.
Have a great trading day.
Steve Hoven
alleycatnews@alleycatnews.net
DFNS that is my OFFICIAL release. At .39. I can't buy anymore as I have all my money tied up in it anyway.
But at those prices its crazy!!!
At .39 x 29 million shares = market cap of $11.3 million. They have already done $14.2 million in revenue for the 9 months and will probably be around $17 million for the year. That is .66 x Price to sales.
Book value is at .24 so you are only trading at 1.6x book value.
EPS is at .042 for the year so far. Which means you are trading at less than 10x PE. And if they added just .008 to the 4th quarter that would mean .05 for the year.
I look for DFNS to rebound and fill the gap it just created by the end of the year for sure but I would think quicker than that. I think a 20-25% move up in the next few weeks from these .39 prices is quite possible.
Of course if DFNS comes out and says sales will slow down and we have no new contracts down the pike things could change. But the downside at this point doesn't seem too much and the upside seems to be good.
This is an official MONTHLY stock Doubling pick and it is FREE!
Just like NOEC and TATTF.
Have a great trading day.
Steve Hoven
alleycatnews@alleycatnews.net
Wednesday, November 14, 2007
DFNS EARNINGS REVIEW
DFNS earnings are OUT!
UGH!! I was looking for $4.3 million revenue and .017 in EPS. I said the earnings keeping the expenses down was key.
Well they beat the revenue #'s they came in at $4.6 million revenue but got HAMMERED on the EPS only giving .006 (that is 6/10's of a penny)
So for the year they have $14 million in revenue and about .042 in EPS for the year. They won't do the .07 EPS that I was hoping for that is for sure.
They do have .04+ for the year so far in EPS. So if the stock sells off tomorrow I wouldn't expect it to be HUGE. Yes it could get into the .40's but I wouldn't think .30's would be in the mix. By no means do I think its a $1 stock at this point. But I don't think its a .30 stock either.
I may sell out of some of my EXTRA shares tomorrow though I doubt I will sell my stockdoubling shares. I may be in this stock for a good while yet. Next earnings release won't be until the end of MARCH 2008! So we have over 4 months to wait for the 10K report. Hopefully in the meantime they will have some positive news releases in the mean time.
I will now give some Positives and negatives from the report....
Negatives
-----------------
Backlog is down to $5 million down $2 million from the last quarter.
Local military may only account for $1 million this current Q4
Margins got hit in a BIG WAY!
No new information on additional orders.
May take some time to get some real returns from the stock.
Positives
---------------
Book value of .24. So a .48 stock is just 2x book still very reasonable
Revenue continues to grow. $14 million so far should do at least $17 million for year.
With a $17 million year .58 stock would mean 1 to 1 price to sales ratio.
$17 million in revenue would also mean roughly 60% growth over 2006
.042 EPS for the year. Not what I had hoped but a nice base to stop the stock from falling too far.
Local Military seems strong.
If the orders dry up this stock could go much lower. If they come out with comments they could see some growth next year etc.. Then we still have some good life in the stock. It is still a good valuation on a Price to sales, Price to Book and P/E ratio. So I don't see a ton of downside unless of course the sales dry up. I don't see a ton of upside though either unless they come out with news releases about new orders etc..
We will see how the stock reacts tomorrow.
I would think the company would come out with a news release on the Q3 report sometime tomorrow before the bell.
Have a good trading day
Steve Hoven
alleycatnews@alleycatnews.net
UGH!! I was looking for $4.3 million revenue and .017 in EPS. I said the earnings keeping the expenses down was key.
Well they beat the revenue #'s they came in at $4.6 million revenue but got HAMMERED on the EPS only giving .006 (that is 6/10's of a penny)
So for the year they have $14 million in revenue and about .042 in EPS for the year. They won't do the .07 EPS that I was hoping for that is for sure.
They do have .04+ for the year so far in EPS. So if the stock sells off tomorrow I wouldn't expect it to be HUGE. Yes it could get into the .40's but I wouldn't think .30's would be in the mix. By no means do I think its a $1 stock at this point. But I don't think its a .30 stock either.
I may sell out of some of my EXTRA shares tomorrow though I doubt I will sell my stockdoubling shares. I may be in this stock for a good while yet. Next earnings release won't be until the end of MARCH 2008! So we have over 4 months to wait for the 10K report. Hopefully in the meantime they will have some positive news releases in the mean time.
I will now give some Positives and negatives from the report....
Negatives
-----------------
Backlog is down to $5 million down $2 million from the last quarter.
Local military may only account for $1 million this current Q4
Margins got hit in a BIG WAY!
No new information on additional orders.
May take some time to get some real returns from the stock.
Positives
---------------
Book value of .24. So a .48 stock is just 2x book still very reasonable
Revenue continues to grow. $14 million so far should do at least $17 million for year.
With a $17 million year .58 stock would mean 1 to 1 price to sales ratio.
$17 million in revenue would also mean roughly 60% growth over 2006
.042 EPS for the year. Not what I had hoped but a nice base to stop the stock from falling too far.
Local Military seems strong.
If the orders dry up this stock could go much lower. If they come out with comments they could see some growth next year etc.. Then we still have some good life in the stock. It is still a good valuation on a Price to sales, Price to Book and P/E ratio. So I don't see a ton of downside unless of course the sales dry up. I don't see a ton of upside though either unless they come out with news releases about new orders etc..
We will see how the stock reacts tomorrow.
I would think the company would come out with a news release on the Q3 report sometime tomorrow before the bell.
Have a good trading day
Steve Hoven
alleycatnews@alleycatnews.net
DFNS EARNING TODAY?
Today the day for DFNS?
On Oct 5th on the blog I talked about DFNS needing to put out a release about a new order to get the momentum going ahead of the earnings release. Obviously that didn't happen.
Today is Nov. 14th I would think that the earnings release would be sometime today. Either before the market opens, during market opening, or as they tend to do after the market closes. The reason to do it after the market today is to still have 2 trading days for the week to trade the news. If they dumped it after tomorrow's close than all we would have left is Friday to trade. And I would assume that the quarter would be bad.
They have been late in the past as well but they tend to give revenue and earnings #'s in the late filing report. Hopefully we won't see that though.
I am looking for $4.3 million in revenue and .017 in EPS.
The stock price has fallen a bit to the low .50's. I picked up some more yesterday at .53. I have almost 19,000 shares of DFNS and it is my only holding. I may sell out of some of those shares depending on the quarterly report.
I highly doubt that I would sell out of my DFNS stockdoubling shares no matter where the DFNS stock goes (up or down) based on this quarters #'s. Unless they say they see a major slow down in growth coming even a fall into the low .40's or a little worse wouldn't scare me out probably. But I will keep you posted.
Those that aren't in DFNS. I think this offers good risk/reward at these levels. A person can basically buy the stock for .03 more than what I did 6 months ago. And there is a LOT more good news in the stocks in that 6 months. If another good quarter comes out I think this stock reaches .70+ sometime next week. If its bad news I think it could fall to the high .30's but would be a steal down there. (Assuming they aren't slowing growth in a major way which based on their comments doesn't seem to be the case.) I DON'T MAKE RECOMMENDATIONS!
I will update you when the earnings come out and my thoughts on it all.
THE MONTHLY PROJECT WILL BEGIN AGAIN AFTER DFNS EARNINGS RELEASE ETC.. So probably sometime next week I will release all the details.
Have a great day
Steve Hoven
alleycatnews@alleycatnews.net
On Oct 5th on the blog I talked about DFNS needing to put out a release about a new order to get the momentum going ahead of the earnings release. Obviously that didn't happen.
Today is Nov. 14th I would think that the earnings release would be sometime today. Either before the market opens, during market opening, or as they tend to do after the market closes. The reason to do it after the market today is to still have 2 trading days for the week to trade the news. If they dumped it after tomorrow's close than all we would have left is Friday to trade. And I would assume that the quarter would be bad.
They have been late in the past as well but they tend to give revenue and earnings #'s in the late filing report. Hopefully we won't see that though.
I am looking for $4.3 million in revenue and .017 in EPS.
The stock price has fallen a bit to the low .50's. I picked up some more yesterday at .53. I have almost 19,000 shares of DFNS and it is my only holding. I may sell out of some of those shares depending on the quarterly report.
I highly doubt that I would sell out of my DFNS stockdoubling shares no matter where the DFNS stock goes (up or down) based on this quarters #'s. Unless they say they see a major slow down in growth coming even a fall into the low .40's or a little worse wouldn't scare me out probably. But I will keep you posted.
Those that aren't in DFNS. I think this offers good risk/reward at these levels. A person can basically buy the stock for .03 more than what I did 6 months ago. And there is a LOT more good news in the stocks in that 6 months. If another good quarter comes out I think this stock reaches .70+ sometime next week. If its bad news I think it could fall to the high .30's but would be a steal down there. (Assuming they aren't slowing growth in a major way which based on their comments doesn't seem to be the case.) I DON'T MAKE RECOMMENDATIONS!
I will update you when the earnings come out and my thoughts on it all.
THE MONTHLY PROJECT WILL BEGIN AGAIN AFTER DFNS EARNINGS RELEASE ETC.. So probably sometime next week I will release all the details.
Have a great day
Steve Hoven
alleycatnews@alleycatnews.net
Wednesday, November 7, 2007
DFNS AT .53!!!
You can buy DFNS for .53 as of this writing!!
Too me that just seems like a good deal. I have bought more in my IRA last week at a bit higher prices but at these levels I am going to try and buy some more for my regular account at .53. (I just bought an additional 1500 shares. I know have over 17,000 shares 8000 of which are for the stockdoubling account.)
If they have a breakeven quarter this stock goes down to around .40 which is .13 down. I can't foresee them losing money but if they did I guess they would go down a little more than that.
Even if they only do .01 for the quarter that means they have roughly .045 EPS for the year. Assume they only do .01 for Q4 and that is .055 for the year. At 10x PE you have a .55 stock.
I think of course they will do much better then that I think the earnings could look in the area of .07 for the year. Which if they do its at least a .70 stock minimum. That is .17 higher then current prices.
Also DFNS at .40 and 29 million shares outstanding would put the market cap at roughly $11.6 million. Well unless the revenues just fell something tremendous they should do in the area of $17-18 million for the year. That would mean that they would be trading at roughly .68 price to sales ratio. It should be trading more like 1.5 or so. A .40 stock would mean less than 2x Price to book ratio. And like I said roughly 10x PE ratio for the year.
In other words unless the wheels just totally came off this stock I don't see a lot of downside potential in this stock. And any downside potential I would think would be quickly brought back up to these current levels based on sales growth.
The company hasn't said anything negative at all. Actually been positive with their comments they see sales growth continuing.
It stinks to be in a dead money stock. I wouldn't quite consider DFNS as such but it has been sitting in the .50-.60 range for a while now.
If DFNS did $17 million for the year and had a 1.5 price to sales ratio this stock would be at .88. At those prices it is roughly a 4x Price to book. And if they do earn in the .07 range for the year that roughly a 12-13x PE ratio for a company that grew 60% for the year. Those are reasonable evaluations especially if the grow continues even at 30% for next year.
No I don't think DFNS is a $1.50 stock by any means but I don't think its a .40 stock either.
Hopefully the company comes out with a press release on new orders before Q3. And hopefully Q3 is .015-.02 in earnings.
Have a great trading day.
Steve Hoven
alleycatnews@alleycatnews.net
www.Stockdoubling.org
Too me that just seems like a good deal. I have bought more in my IRA last week at a bit higher prices but at these levels I am going to try and buy some more for my regular account at .53. (I just bought an additional 1500 shares. I know have over 17,000 shares 8000 of which are for the stockdoubling account.)
If they have a breakeven quarter this stock goes down to around .40 which is .13 down. I can't foresee them losing money but if they did I guess they would go down a little more than that.
Even if they only do .01 for the quarter that means they have roughly .045 EPS for the year. Assume they only do .01 for Q4 and that is .055 for the year. At 10x PE you have a .55 stock.
I think of course they will do much better then that I think the earnings could look in the area of .07 for the year. Which if they do its at least a .70 stock minimum. That is .17 higher then current prices.
Also DFNS at .40 and 29 million shares outstanding would put the market cap at roughly $11.6 million. Well unless the revenues just fell something tremendous they should do in the area of $17-18 million for the year. That would mean that they would be trading at roughly .68 price to sales ratio. It should be trading more like 1.5 or so. A .40 stock would mean less than 2x Price to book ratio. And like I said roughly 10x PE ratio for the year.
In other words unless the wheels just totally came off this stock I don't see a lot of downside potential in this stock. And any downside potential I would think would be quickly brought back up to these current levels based on sales growth.
The company hasn't said anything negative at all. Actually been positive with their comments they see sales growth continuing.
It stinks to be in a dead money stock. I wouldn't quite consider DFNS as such but it has been sitting in the .50-.60 range for a while now.
If DFNS did $17 million for the year and had a 1.5 price to sales ratio this stock would be at .88. At those prices it is roughly a 4x Price to book. And if they do earn in the .07 range for the year that roughly a 12-13x PE ratio for a company that grew 60% for the year. Those are reasonable evaluations especially if the grow continues even at 30% for next year.
No I don't think DFNS is a $1.50 stock by any means but I don't think its a .40 stock either.
Hopefully the company comes out with a press release on new orders before Q3. And hopefully Q3 is .015-.02 in earnings.
Have a great trading day.
Steve Hoven
alleycatnews@alleycatnews.net
www.Stockdoubling.org
Tuesday, November 6, 2007
DFNS NEWS?
Hello StockDoublers,
Nothing has changed with DFNS.
I think these prices will be looked on in the future as steals should we have a good quarter. But we will see how that goes.
I would like to see a good quarter but also a news announcement that they have more orders coming in that is just as important.
I won't have a StockDoubling Monthly pick until after the DFNS news comes out and at that time will put the website up etc..
Steve Hoven
alleycatnews@alleycatnews.net
Nothing has changed with DFNS.
I think these prices will be looked on in the future as steals should we have a good quarter. But we will see how that goes.
I would like to see a good quarter but also a news announcement that they have more orders coming in that is just as important.
I won't have a StockDoubling Monthly pick until after the DFNS news comes out and at that time will put the website up etc..
Steve Hoven
alleycatnews@alleycatnews.net
Wednesday, October 17, 2007
DFNS THOUGHTS
DFNS has a little bit of action today.
It hit a low of .55 today and has been in the .55-.56 range. Sometimes the ask bumps up to .58.
I bought 2,000 shares yesterday at .56 for my IRA and last week bought 1000 at .58 for my IRA.
Not much has changed from my post a few weeks ago.
I feel the company needs to come out with some positive news prior to their Q3 to get the thing moving. If no announcment comes I feel that a disappointment could be in store for Q3 #'s and could send the stock to the .40's.
If we do get an announcement I think we could be in the .60's prior to Q3 and move up nicely from there should we get a positive Q3 announcement.
The company should do $17-18 million in revenue for the year. It has roughly 29 million shares outstanding. So a .60 stock price would put the Price to sales at roughly 1. It has a book around .20 so Price to book is around 3. They have earned .035 roughly for the year so far I would think they could do .07-.08 for the year depending on how Q3 is. At .07 EPS for the year a .60 stock price would be 8.5x P/E. Growing at the rate that DFNS is growing at least this year I would think a 12x PE would be reasonable for them. Which would mean roughly .84 share price. I think if they could earn close to .10 EPS for next year and get a 12x PE you are talking over $1.20 share price. Which if they get the orders wouldn't take too much.
The question though is can they keep expenses under control? If they have a breakeven or losing quarter for Q3 this stock will probably go down to the low .40's if not lower. It has been a stalled stock as of late and a lot of people are feeling antsy so that is why we have drifted down as we have.
I still have a lot of faith in DFNS. I think their investor relations is lacking for sure and should offer more support that way. But that is one of the drawbacks as well when the CEO owns the majority of the shares.
This month will determine whether we see low .40's or mid .70's+.
Have a good day
Steve Hoven
alleycatnews@alleycatnews.net
It hit a low of .55 today and has been in the .55-.56 range. Sometimes the ask bumps up to .58.
I bought 2,000 shares yesterday at .56 for my IRA and last week bought 1000 at .58 for my IRA.
Not much has changed from my post a few weeks ago.
I feel the company needs to come out with some positive news prior to their Q3 to get the thing moving. If no announcment comes I feel that a disappointment could be in store for Q3 #'s and could send the stock to the .40's.
If we do get an announcement I think we could be in the .60's prior to Q3 and move up nicely from there should we get a positive Q3 announcement.
The company should do $17-18 million in revenue for the year. It has roughly 29 million shares outstanding. So a .60 stock price would put the Price to sales at roughly 1. It has a book around .20 so Price to book is around 3. They have earned .035 roughly for the year so far I would think they could do .07-.08 for the year depending on how Q3 is. At .07 EPS for the year a .60 stock price would be 8.5x P/E. Growing at the rate that DFNS is growing at least this year I would think a 12x PE would be reasonable for them. Which would mean roughly .84 share price. I think if they could earn close to .10 EPS for next year and get a 12x PE you are talking over $1.20 share price. Which if they get the orders wouldn't take too much.
The question though is can they keep expenses under control? If they have a breakeven or losing quarter for Q3 this stock will probably go down to the low .40's if not lower. It has been a stalled stock as of late and a lot of people are feeling antsy so that is why we have drifted down as we have.
I still have a lot of faith in DFNS. I think their investor relations is lacking for sure and should offer more support that way. But that is one of the drawbacks as well when the CEO owns the majority of the shares.
This month will determine whether we see low .40's or mid .70's+.
Have a good day
Steve Hoven
alleycatnews@alleycatnews.net
Monday, October 15, 2007
TATTF over $16 and next Pick update
It looks like I may have gotten out of TATTF at the low.
Its above $16 again this morning. Congrats if you stayed in the stock. Congrats even if you exited early. Its a nice profit either way. Nothing wrong with taking profits.
More than likely I won't have a new pick for sure this week. (Unless something just tanks and is too good of deal to pass up.)
I would probably not expect anything next week either.
May not see anything until November I have to setup a membership website etc which takes time.
Have a great day.
Steve Hoven
alleycatnews@alleycantews.net
Its above $16 again this morning. Congrats if you stayed in the stock. Congrats even if you exited early. Its a nice profit either way. Nothing wrong with taking profits.
More than likely I won't have a new pick for sure this week. (Unless something just tanks and is too good of deal to pass up.)
I would probably not expect anything next week either.
May not see anything until November I have to setup a membership website etc which takes time.
Have a great day.
Steve Hoven
alleycatnews@alleycantews.net
Friday, October 12, 2007
Out of TATTF and the next pick is when?
I am out of TATTF with a 10% profit as I said yesterday. Too bad I missed the dividend but oh well I will take the profit.
Don't expect a new stock choice anytime soon. It takes a little time to do the research and I don't foresee me having that time anytime over the next week. I will also be making the site into a membership site for members only and I will let you know the details on that in the future.
NOEC earned 15% in less then a week
TATTF earned 10% in just over 2 weeks.
The goal of the project is to earn 10-30% per stock over the course of 60 days. So far we are hitting those targets with a LOT OF TIME TO SPARE.
For those of you who just can't wait for the next monthly stock pick you may want to consider DFNS.
It is the stock I own for the stockdoubling project. You can read my recent thoughts on DFNS here http://stockdoubling.blogspot.com/2007/10/stock-market.html
It was bid/ask of .54-.57 yesterday. I think if it came down even a little more it would be a good deal. But even at .57 isn't a bad place to get your feet wet. I would probably look for 15% risk and 15% profit. Which is about .09 either way.
But what I would be looking for is news from the company. I think its extremely important for this stock to come out with some new sales orders prior to their Nov 14-15th Q3 earnings release. I would expect their earnings and revenue to be decent though not as good as Q2. The key will be earnings if they can keep their expenses down.
But I would really want to see an announcement sometime before the Q3 to feel more confidence in a nice run. I think if it did get an announcement it could run to over .60+ again just based on that.
I wouldn't consider that an official Monthly StockDoubling Pick but for those of you who can't wait for the next one you may want to consider looking into DFNS.
Feel free to donate a portion of your winnings on TATTF to the stockdoubling project. Just click the donate button or send it via paypal to alleycatnews@alleycatnews.net
Have a great weekend.
Steve Hoven
alleycatnews@alleycatnews.net
Don't expect a new stock choice anytime soon. It takes a little time to do the research and I don't foresee me having that time anytime over the next week. I will also be making the site into a membership site for members only and I will let you know the details on that in the future.
NOEC earned 15% in less then a week
TATTF earned 10% in just over 2 weeks.
The goal of the project is to earn 10-30% per stock over the course of 60 days. So far we are hitting those targets with a LOT OF TIME TO SPARE.
For those of you who just can't wait for the next monthly stock pick you may want to consider DFNS.
It is the stock I own for the stockdoubling project. You can read my recent thoughts on DFNS here http://stockdoubling.blogspot.com/2007/10/stock-market.html
It was bid/ask of .54-.57 yesterday. I think if it came down even a little more it would be a good deal. But even at .57 isn't a bad place to get your feet wet. I would probably look for 15% risk and 15% profit. Which is about .09 either way.
But what I would be looking for is news from the company. I think its extremely important for this stock to come out with some new sales orders prior to their Nov 14-15th Q3 earnings release. I would expect their earnings and revenue to be decent though not as good as Q2. The key will be earnings if they can keep their expenses down.
But I would really want to see an announcement sometime before the Q3 to feel more confidence in a nice run. I think if it did get an announcement it could run to over .60+ again just based on that.
I wouldn't consider that an official Monthly StockDoubling Pick but for those of you who can't wait for the next one you may want to consider looking into DFNS.
Feel free to donate a portion of your winnings on TATTF to the stockdoubling project. Just click the donate button or send it via paypal to alleycatnews@alleycatnews.net
Have a great weekend.
Steve Hoven
alleycatnews@alleycatnews.net
Thursday, October 11, 2007
TATTF 10% PROFIT
I got stopped out of TATTF at $14.84.
A gain of $1.37 per share or just over 10% in a little over 2 weeks.
The market as a whole really came down the last couple of hours.
It is still a nice gain and I will take it. If it comes down to the $13's again I will consider another buy.
I have NO stock for the stockdoubling MONTHLY project at this time.
The only stock I own at this time is DFNS for the stockdoubling project and some for my IRA.
Thank you
Steve Hoven
alleycatnews@alleycatnews.net
A gain of $1.37 per share or just over 10% in a little over 2 weeks.
The market as a whole really came down the last couple of hours.
It is still a nice gain and I will take it. If it comes down to the $13's again I will consider another buy.
I have NO stock for the stockdoubling MONTHLY project at this time.
The only stock I own at this time is DFNS for the stockdoubling project and some for my IRA.
Thank you
Steve Hoven
alleycatnews@alleycatnews.net
TATTF thoughts
Had I sold at $16 today (WHICH I DID NOT) on TATTF that would have been roughly a 18% return on the stock in just over 2 weeks. Though it was quite tempting I am going to hold off.
TATTF is awarding a dividend on Nov 5th for those shareholders on record as of Oct 16th. It would be .40 which is roughly 3% of my purchase price. So I am hoping to hold out for that.
I have my stop in at $14.85 which is roughly a 10% profit from my purchase price. So if I did get stopped out PRIOR to the dividend record date I would have 10% profit. If I got stopped out after that date I would have 13% profit.
I still think it can run up some more and may yet we will have to see what happens. But at this point I think we are sitting on some nice profits.
I agree with the slogan of let your profits run but I also agree if the stock shoots up too quickly to take some profits. Bulls can make money, Bears can make money but Pigs get slaughtered.
My goal is 10-30% per pick and a stock can take 60 days to get there. So far we have done it A LOT faster then that. So if you are happy with the 15% profits+ in TATTF its a good place to exit. I am going to see what happens and try and squeeze a little more out. Either way I think I am pretty safe for a profit at this point.
Have a good trading day
Steve Hoven
alleycatnews@alleycatnews.net
TATTF is awarding a dividend on Nov 5th for those shareholders on record as of Oct 16th. It would be .40 which is roughly 3% of my purchase price. So I am hoping to hold out for that.
I have my stop in at $14.85 which is roughly a 10% profit from my purchase price. So if I did get stopped out PRIOR to the dividend record date I would have 10% profit. If I got stopped out after that date I would have 13% profit.
I still think it can run up some more and may yet we will have to see what happens. But at this point I think we are sitting on some nice profits.
I agree with the slogan of let your profits run but I also agree if the stock shoots up too quickly to take some profits. Bulls can make money, Bears can make money but Pigs get slaughtered.
My goal is 10-30% per pick and a stock can take 60 days to get there. So far we have done it A LOT faster then that. So if you are happy with the 15% profits+ in TATTF its a good place to exit. I am going to see what happens and try and squeeze a little more out. Either way I think I am pretty safe for a profit at this point.
Have a good trading day
Steve Hoven
alleycatnews@alleycatnews.net
Out of CAGC
I just sold my CAGC shares at $5.20.
Bought at $2.40 on August 17th.
That is a 116% profit in less then 2 months. I will take that. If it continues to run GREAT. But I am fine with that kind of return.
TATTF having a nice day so far as well.
Right now I only own 2 stocks
DFNS for the stockdoubling project. (And some shares in my IRA)
And
TATTF for the monthly stockdoubling project.
Have a great trading day
Steve Hoven
alleycatnews@alleycatnews.net
Bought at $2.40 on August 17th.
That is a 116% profit in less then 2 months. I will take that. If it continues to run GREAT. But I am fine with that kind of return.
TATTF having a nice day so far as well.
Right now I only own 2 stocks
DFNS for the stockdoubling project. (And some shares in my IRA)
And
TATTF for the monthly stockdoubling project.
Have a great trading day
Steve Hoven
alleycatnews@alleycatnews.net
Wednesday, October 10, 2007
TATTF close above $15!!!
TATTF had a nice day yesterday while I was gone. Maybe I should leave more often.
Well we got the close above $15 that I was looking for.
I am going to move my stop to the $14.85 area. That would lock in about 10% profits if it came that low. I would probably exit in the $17 area should we get that high in the next couple days.
Exiting now based on a $13.47 entry would mean a 16% profit in 2 weeks. Not a bad return at all.
We will see how things go for today.
FYI if you missed CAGC that took off yesterday too. I am in from $2.40 less then 2 months ago. It almost hit $5 yesterday.
I will keep you posted have a great trading day
Steve Hoven
alleycatnews@alleycatnews.net
Well we got the close above $15 that I was looking for.
I am going to move my stop to the $14.85 area. That would lock in about 10% profits if it came that low. I would probably exit in the $17 area should we get that high in the next couple days.
Exiting now based on a $13.47 entry would mean a 16% profit in 2 weeks. Not a bad return at all.
We will see how things go for today.
FYI if you missed CAGC that took off yesterday too. I am in from $2.40 less then 2 months ago. It almost hit $5 yesterday.
I will keep you posted have a great trading day
Steve Hoven
alleycatnews@alleycatnews.net
Monday, October 8, 2007
Decent Day for TATTF
A decent day today for TATTF.
It got above $15 but didn't stay up there very long at all. I was surprised it went thru $15 so quickly without a lot of volume.
Didn't get a close above $15 which is what I wanted to see.
I have my stop in at $13.97 so unless their is a gap down for some reason that is my worst case. Which is still a decent profit. Getting out at the close based on a $13.47 entry would have meant roughly a 9-10% gain in less than 2 weeks.
I am still in the trade though personally I may regret it if it does punch thru the $15 level I would think it would need to do it on Tuesday or Wednesday.
I am NOT going to be around on Tuesday I am going to the Republican debate and will be traveling there etc.. (Go Mike Huckabee go) Anyway you can watch it on CNBC at 4pm Eastern it should be interesting maybe you will see me on TV. (I will be sitting with my 14 year old nephew, I tutor him in Government and US history.)
I will be around for a few minutes just after the bell in the morning but after that I will be out. I have my stop in so if things go bad I should be ok.
Have a great evening and Tuesday if I don't speak with you then.
Steve Hoven
alleycatnews@alleycatnews.net
It got above $15 but didn't stay up there very long at all. I was surprised it went thru $15 so quickly without a lot of volume.
Didn't get a close above $15 which is what I wanted to see.
I have my stop in at $13.97 so unless their is a gap down for some reason that is my worst case. Which is still a decent profit. Getting out at the close based on a $13.47 entry would have meant roughly a 9-10% gain in less than 2 weeks.
I am still in the trade though personally I may regret it if it does punch thru the $15 level I would think it would need to do it on Tuesday or Wednesday.
I am NOT going to be around on Tuesday I am going to the Republican debate and will be traveling there etc.. (Go Mike Huckabee go) Anyway you can watch it on CNBC at 4pm Eastern it should be interesting maybe you will see me on TV. (I will be sitting with my 14 year old nephew, I tutor him in Government and US history.)
I will be around for a few minutes just after the bell in the morning but after that I will be out. I have my stop in so if things go bad I should be ok.
Have a great evening and Tuesday if I don't speak with you then.
Steve Hoven
alleycatnews@alleycatnews.net
Just crossed over $15!!!
Just passed $15 hopefully we can get a close above it with some strength in volume that would be great.
I have put in a $13.97 stop on this trade. That is $1.27 from today's highs or 8% drop. If I did get stopped out at that price I would have a .50 profit or roughly a 4% profit.
The stock was up 15% from the $13.47 purchase to $15.24 is 15%+. So not a bad return if you exited at those prices for less then 2 weeks.
Have a good trading day
Steve Hoven
alleycatnews@alleycatnews.net
I have put in a $13.97 stop on this trade. That is $1.27 from today's highs or 8% drop. If I did get stopped out at that price I would have a .50 profit or roughly a 4% profit.
The stock was up 15% from the $13.47 purchase to $15.24 is 15%+. So not a bad return if you exited at those prices for less then 2 weeks.
Have a good trading day
Steve Hoven
alleycatnews@alleycatnews.net
TATTF 6 month daily chart
CLICK ON THE CHART TO MAKE IT BIGGER.The $15 level is EXTREMELY IMPORTANT. If it can close above $15 I think we are smooth sailing.
Their is some weak support around $13.40 as well. If that were to break OUCH!!
Actually I think if it goes below $14 before closing above $15 it will test the $13.40 level. For those that are in below that level I personally would have a breakeven stop in.
Those that want to take profits I would watch the $14 level with caution. If it closes below that and you want profits that is a good place to take them.
I personally am going to keep an eye on TATTF. If I see a close below $14 I will probably pull the trigger and get out. If I had a little better price say $13.20 or so I would be willing to ride it out a little more.
I NEVER MAKE RECOMMENDATIONS.
Have a good trading day.
Steve Hoven
alleycatnews@alleycatnews.net
PS thank you for taking part in the poll. We will have more of those from time to time.
Friday, October 5, 2007
TATTF and other news
Please take a minute to take the poll which is located at the right of this blog.
As of this writing LIMC is over $15 per share.
At 8 million shares TATTF owns $120 million worth of LIMC shares!!
Take that $120 million divided by 6.6 million TATTF shares its worth $18 per share!
That doesn't include the $20-$40 million TATTF business.
We are undervalued we will just see if TATTF can get thru that $15 level. I don't know if LIMC will stay this high it seems to be getting a bit ahead of itself which if it comes back down TATTF may follow suit.
Again the $15 level will be key if it closes above that I think we get run to the $17-19 levels.
Right now TATTF is at roughly 8%+ where I purchased it last week wednesday so that isn't a bad return for a little over a week.
I am going to hold the stock but I will probably watch it closely. If it can't close above $15 and falls back below $14 over the next week I will consider getting out with a small profit etc..
Again if you don't want to give the $$$ back these levels are good exits or even for 1/2 a person shares and ride the rest. If we get above $15 I think its clear sailing.
I wouldn't probably risk back down to $11+ on this stock anymore though. So worst case would be getting out at breakeven. (Assuming of course they don't come out with horrible news and it sends the stock down numerous dollars prior to an open etc.. which I don't expect to happen.)
I NEVER MAKE RECOMMENDATIONS.
have a great weekend.
Steve Hoven
alleycatnews@alleycatnews.net
As of this writing LIMC is over $15 per share.
At 8 million shares TATTF owns $120 million worth of LIMC shares!!
Take that $120 million divided by 6.6 million TATTF shares its worth $18 per share!
That doesn't include the $20-$40 million TATTF business.
We are undervalued we will just see if TATTF can get thru that $15 level. I don't know if LIMC will stay this high it seems to be getting a bit ahead of itself which if it comes back down TATTF may follow suit.
Again the $15 level will be key if it closes above that I think we get run to the $17-19 levels.
Right now TATTF is at roughly 8%+ where I purchased it last week wednesday so that isn't a bad return for a little over a week.
I am going to hold the stock but I will probably watch it closely. If it can't close above $15 and falls back below $14 over the next week I will consider getting out with a small profit etc..
Again if you don't want to give the $$$ back these levels are good exits or even for 1/2 a person shares and ride the rest. If we get above $15 I think its clear sailing.
I wouldn't probably risk back down to $11+ on this stock anymore though. So worst case would be getting out at breakeven. (Assuming of course they don't come out with horrible news and it sends the stock down numerous dollars prior to an open etc.. which I don't expect to happen.)
I NEVER MAKE RECOMMENDATIONS.
have a great weekend.
Steve Hoven
alleycatnews@alleycatnews.net
Thursday, October 4, 2007
TATTF ON THE MOVE
LIMC came out with news on a new contract with the US Gov't. Sending its stock higher.
Which in turn is sending TATTF higher as well.
It is kind of silly to own LIMC when TATTF is trading at a discount to it.
If TATTF does in fact own 8 million shares of LIMC. For every $1 LIMC goes up that is $8 million in should be market cap for TATTF.
TATTF only has about 6.6 million shares. So really for every $1 LIMC goes up TATTF should go up $1.21.
We will see if this can push TATTF thru the $15 area tomorrow that would be GREAT!
Have a great day
Steve Hoven
alleycatnews@alleycatnews.net
Which in turn is sending TATTF higher as well.
It is kind of silly to own LIMC when TATTF is trading at a discount to it.
If TATTF does in fact own 8 million shares of LIMC. For every $1 LIMC goes up that is $8 million in should be market cap for TATTF.
TATTF only has about 6.6 million shares. So really for every $1 LIMC goes up TATTF should go up $1.21.
We will see if this can push TATTF thru the $15 area tomorrow that would be GREAT!
Have a great day
Steve Hoven
alleycatnews@alleycatnews.net
Wednesday, October 3, 2007
Blast from the past
Blast from the past stocks rolled today.
HIHO was our 3rd pick for the stock doubling project. That has moved from the low $4's a few weeks ago and hit almost $7 today. WOW!!
NOEC hit $8.81 today for a high. We bought it back less then a month ago at $3.89!! What a run.
We try and find stocks with value.
Ever looked at TBSI. It was one of our "other stocks" back in May 2006. Just 17 months ago it was around $5. Now it has high as $47!!!
Find the quality stocks that have good potential and they can RUN!!
TATTF has backed off a bit the last 2 days after closing above $14 on Monday. (glad I got out of the 50 IRA shares at $14.01.)
It has come down to almost the area where I first bought it. I still feel the same though that those $14-15 levels are key. If we can build up some buyers at these current levels and push it past those levels we should be looking good.
Unless I am missing something based on the company releases etc.. I don't see a ton of downside to the stock especially with the value of LIMC at this point. Now if LIMC tanked we could be in some trouble.
But it is approaching $14 which would mean TATTF interest would be well over $110 million just for their portion of the stock.
We will see how things play out I think we will see some movement from TATTF one way or the other over the next week or two.
Have a great day
Steve Hoven
Alleycatnews@alleycatnews.net
HIHO was our 3rd pick for the stock doubling project. That has moved from the low $4's a few weeks ago and hit almost $7 today. WOW!!
NOEC hit $8.81 today for a high. We bought it back less then a month ago at $3.89!! What a run.
We try and find stocks with value.
Ever looked at TBSI. It was one of our "other stocks" back in May 2006. Just 17 months ago it was around $5. Now it has high as $47!!!
Find the quality stocks that have good potential and they can RUN!!
TATTF has backed off a bit the last 2 days after closing above $14 on Monday. (glad I got out of the 50 IRA shares at $14.01.)
It has come down to almost the area where I first bought it. I still feel the same though that those $14-15 levels are key. If we can build up some buyers at these current levels and push it past those levels we should be looking good.
Unless I am missing something based on the company releases etc.. I don't see a ton of downside to the stock especially with the value of LIMC at this point. Now if LIMC tanked we could be in some trouble.
But it is approaching $14 which would mean TATTF interest would be well over $110 million just for their portion of the stock.
We will see how things play out I think we will see some movement from TATTF one way or the other over the next week or two.
Have a great day
Steve Hoven
Alleycatnews@alleycatnews.net
Tuesday, October 2, 2007
Sold my IRA TATTF just before bell last night
The 50 shares I bought for my IRA at $13.28 I sold yesterday just before the bell at $14.01. So a .73 profit on a $13.28 purchase or a bit over 5% return in less then a week.
The reason I did that was a couple of reasons.
1. I felt $14 was a VERY important level for the stock to close above. If it didn't I felt tomorrow (which is today) could be an ugly day.
2. The issues I talked about yesterday where my #'s were off. TATTF is still undervalued but not as much as I posted back on Friday.
I still hold my original position from $13.47 of 50 shares and will continue to hold that until further notice.
I think the stock could move nicely today after the $14+ close. I still think their is some good resistance in the $14.50-$15 levels. We will see how stock moves this week as it approaches those levels.
Have a good trading day.
Steve Hoven
alleycatnews@alleycatnews.net
The reason I did that was a couple of reasons.
1. I felt $14 was a VERY important level for the stock to close above. If it didn't I felt tomorrow (which is today) could be an ugly day.
2. The issues I talked about yesterday where my #'s were off. TATTF is still undervalued but not as much as I posted back on Friday.
I still hold my original position from $13.47 of 50 shares and will continue to hold that until further notice.
I think the stock could move nicely today after the $14+ close. I still think their is some good resistance in the $14.50-$15 levels. We will see how stock moves this week as it approaches those levels.
Have a good trading day.
Steve Hoven
alleycatnews@alleycatnews.net
Monday, October 1, 2007
TATTF MOVING UP!
Happy Monday Morning,
TATTF has moved up nicely from the $12.90 close one day last week.
Hitting a high of $13.86 so far today.
I think if we can get some good volume today it could punch thru the $14 range. This is key area though we will see if the buying comes in. I see decent resistance not to much higher so we will see if it can move up.
If you HATE losing money this may be a good place to take profits. (Only 2-3% but its still PROFIT.)
Others may want to consider breakeven stops.
I think if it punches thru the $14-15 level on a close it will go for $18-20 range. But it could still fall back.
Doing more research the stats I gave last week were OFF.
They aren't a $100 million revenue company without LIMC from what I understand they would be more like $20-$35 million revenue.
But even with 8 million shares x $11 for LIMC that is $88 million add that to say $22 million in revenue on their own and the marketcap should at least be $110 million on TATTF.
With 6.6 million shares for TATTF a $110 million marketcap is still a $16+ stock. And that is at a pretty big discount. (LIMC shares are over $13!)
Anyway you slice it is still a good value I think. I am holding until further notice.
Have a good trading day,
Steve Hoven
alleycatnews@alleycatnews.net
TATTF has moved up nicely from the $12.90 close one day last week.
Hitting a high of $13.86 so far today.
I think if we can get some good volume today it could punch thru the $14 range. This is key area though we will see if the buying comes in. I see decent resistance not to much higher so we will see if it can move up.
If you HATE losing money this may be a good place to take profits. (Only 2-3% but its still PROFIT.)
Others may want to consider breakeven stops.
I think if it punches thru the $14-15 level on a close it will go for $18-20 range. But it could still fall back.
Doing more research the stats I gave last week were OFF.
They aren't a $100 million revenue company without LIMC from what I understand they would be more like $20-$35 million revenue.
But even with 8 million shares x $11 for LIMC that is $88 million add that to say $22 million in revenue on their own and the marketcap should at least be $110 million on TATTF.
With 6.6 million shares for TATTF a $110 million marketcap is still a $16+ stock. And that is at a pretty big discount. (LIMC shares are over $13!)
Anyway you slice it is still a good value I think. I am holding until further notice.
Have a good trading day,
Steve Hoven
alleycatnews@alleycatnews.net
Friday, September 28, 2007
TATTF way undervalued
Hello,
I wanted to let you know of a few things.
1. The stock videos I offer today is the last day to purchase the video course. It is how I find the stocks I pick for the StockDoubling projects. Sometime on Saturday morning I will remove the opportunity to purchase the videos and I will take them off the market.
So if you are interested go to
www.BeforeItMoves.com
Its just $47 and has a 8 week Money Back Guarantee!
2. I bought TATTF the other day at $13.47. Almost immediately the stock traded lower and closed about .20+ cents lower then my purchase price. It then fell even more the next day closing yesterday at $12.90. So pretty much EVERYONE who bought this stock from my list should have gotten a better price then I did. It is up between 2-5% today to around my purchase price.
I still think the same things that $11.40 is a good support.
$14.50-$16.00 is good resistance. IF it gets thru that I think its headed to $19 at least.
This stock lost 50% of its value from the start of July to mid September. In about 2.5 months it went from $22 to $11+. That is way to far to drop for this stock especially since their wasn't a lot of news during that time.
3. Another interesting fact about TATTF. Is they just spun off a business and that business went public a little while ago. That public company is LIMC. LIMC is currently trading at roughly $13 per share and TATTF owns roughly 68% of the 12.5 million shares outstanding of LIMC. (12.5 million x 68% = 8.5 million shares)
Lets round that down to say 8 million shares. At a $12 share price for LIMC that is roughly $96 million worth of LIMC stock that TATTF owns!!
TATTF itself has roughly 6.6 million shares outstanding at $13.50 share price it has a marketcap of $89 million.
So TATTF marketcap is LESS than what they own in value of just there LIMC business!!
That isn't including the $48 million in revenue that TATTF did for the first 1/2 of the year and the .70 EPS they have already.
So basically if a person bought out all the shares of TATTF for $89 million. (6.6 million shares x $13.50 per share = $89 million) That person would have an investment worth $96+ million just in LIMC. Plus a business that could do $100 million in revenue for this year and earn $1+.
Unless I am missing something this stock is VERY undervalued.
I did purchase 50 shares of TATTF in my IRA as well the other day at $13.28 which I will hold until we see $17-$19 probably.
A $19 stock in TATTF would mean roughly a $125 million marketcap.
Their investment in LIMC is worth roughly $100 million by itself.
So that would be like getting a company that will do roughly $100 million in sales this year for $25 million which is still a great deal!!
LIMC is growing itself so for every $1 move in their share price its about $8 million in value for TATTF. Which is $1+ for TATTF holders.
And that doesn't include the .40 (roughly 3% dividend being paid next month by TATTF)
Have a great weekend.
Steve Hoven
alleycatnews@alleycatnews.net
MAKE SURE TO CHECK OUT
www.BeforeItMoves.com
I wanted to let you know of a few things.
1. The stock videos I offer today is the last day to purchase the video course. It is how I find the stocks I pick for the StockDoubling projects. Sometime on Saturday morning I will remove the opportunity to purchase the videos and I will take them off the market.
So if you are interested go to
www.BeforeItMoves.com
Its just $47 and has a 8 week Money Back Guarantee!
2. I bought TATTF the other day at $13.47. Almost immediately the stock traded lower and closed about .20+ cents lower then my purchase price. It then fell even more the next day closing yesterday at $12.90. So pretty much EVERYONE who bought this stock from my list should have gotten a better price then I did. It is up between 2-5% today to around my purchase price.
I still think the same things that $11.40 is a good support.
$14.50-$16.00 is good resistance. IF it gets thru that I think its headed to $19 at least.
This stock lost 50% of its value from the start of July to mid September. In about 2.5 months it went from $22 to $11+. That is way to far to drop for this stock especially since their wasn't a lot of news during that time.
3. Another interesting fact about TATTF. Is they just spun off a business and that business went public a little while ago. That public company is LIMC. LIMC is currently trading at roughly $13 per share and TATTF owns roughly 68% of the 12.5 million shares outstanding of LIMC. (12.5 million x 68% = 8.5 million shares)
Lets round that down to say 8 million shares. At a $12 share price for LIMC that is roughly $96 million worth of LIMC stock that TATTF owns!!
TATTF itself has roughly 6.6 million shares outstanding at $13.50 share price it has a marketcap of $89 million.
So TATTF marketcap is LESS than what they own in value of just there LIMC business!!
That isn't including the $48 million in revenue that TATTF did for the first 1/2 of the year and the .70 EPS they have already.
So basically if a person bought out all the shares of TATTF for $89 million. (6.6 million shares x $13.50 per share = $89 million) That person would have an investment worth $96+ million just in LIMC. Plus a business that could do $100 million in revenue for this year and earn $1+.
Unless I am missing something this stock is VERY undervalued.
I did purchase 50 shares of TATTF in my IRA as well the other day at $13.28 which I will hold until we see $17-$19 probably.
A $19 stock in TATTF would mean roughly a $125 million marketcap.
Their investment in LIMC is worth roughly $100 million by itself.
So that would be like getting a company that will do roughly $100 million in sales this year for $25 million which is still a great deal!!
LIMC is growing itself so for every $1 move in their share price its about $8 million in value for TATTF. Which is $1+ for TATTF holders.
And that doesn't include the .40 (roughly 3% dividend being paid next month by TATTF)
Have a great weekend.
Steve Hoven
alleycatnews@alleycatnews.net
MAKE SURE TO CHECK OUT
www.BeforeItMoves.com
Wednesday, September 26, 2007
TATTF stock just bought at $13.47
I bought my next stock for the StockDoubling Monthly project. Again the monthly project is looking for gains of 10-30% in a stock within 60 days.
I have bought 50 shares of TATTF at $13.47. (Tat Technologies Ltd)))
$673.50 was the cost. (50x $13.40= $673.50)
Good support around $11.40. (I would probably sell below that. So my risk is roughly 15%.)
Resistance around $14.50-$15. If it gets thru that it could get to $19-$20. Undervalued stock I think. I will play it by ear on the exit but I think around $16 is a good shot. With some decent coverage it could be a fast mover.
The problem is it ran up about $1 already this week. A little late getting to the party. It still offers good risk/reward just not as good as it did on Monday morning.
They are even paying a dividend of roughly 3% on current prices. (.40)
I will keep you posted.
It could be a bit bumpy to start with after the run up from the mid $11's. So we may retrace that a bit but I wasn't going to wait for a maybe. I am in and we will see what happens.
TATTF IS THE STOCK I PURCHASED!!
Steve Hoven
alleycatnews@alleycatnews.net
I have bought 50 shares of TATTF at $13.47. (Tat Technologies Ltd)))
$673.50 was the cost. (50x $13.40= $673.50)
Good support around $11.40. (I would probably sell below that. So my risk is roughly 15%.)
Resistance around $14.50-$15. If it gets thru that it could get to $19-$20. Undervalued stock I think. I will play it by ear on the exit but I think around $16 is a good shot. With some decent coverage it could be a fast mover.
The problem is it ran up about $1 already this week. A little late getting to the party. It still offers good risk/reward just not as good as it did on Monday morning.
They are even paying a dividend of roughly 3% on current prices. (.40)
I will keep you posted.
It could be a bit bumpy to start with after the run up from the mid $11's. So we may retrace that a bit but I wasn't going to wait for a maybe. I am in and we will see what happens.
TATTF IS THE STOCK I PURCHASED!!
Steve Hoven
alleycatnews@alleycatnews.net
Tuesday, September 25, 2007
Wow, what a day! 25% and 50% days!
I spoke yesterday about CAGC being a nice spot to pick up some shares for longer term targets.
That was around $2.40. Today it closed at $3. Up about 25% since yesterdays post.
I also talked about NOEC being a nice stock under $4.50 with a target around $5.
Today NOEC went NUTS. Up 50% hitting a high of $7.98!!!
We bought it just a few weeks ago at $3.89. Which would have been a double in price had we held the stock.
The point of this blog and monthly project is to find stocks that have the potential good risk/reward. I hope by now I have shown you what the research I put in can do.
Will that mean every trade is a winner? Of course not.
But hopefully I will put out stocks that I think have great risk/reward potential etc..
I researched over 350 stocks TODAY!!!
Out of those 350 stocks I have found 8 stocks that I need to do more in depth research on. (tomorrow hopefully) Really break them apart etc.. They passed some quick testing etc.. But now they go under the microscope. And out of that 8 stocks once I am completely done I think I will have 1 or 2 stocks that show good potential for this project. Maybe their won't be any I don't know.
But if you want to be able to research stocks like I do I break it all down via my video ebook which can be found at
www.BeforeItMoves.com
The videos won't be available after this Friday to those that don't take advantage of the offer on the site.
I may have a stock pick this week depending on how those 8 stocks I research tomorrow go. If none of those 8 pan out then I probably won't have a pick until next week because I don't think I will have the time to do all the research on more stocks later this week.
Keep watching the blog for details on the next stock.
I wish you the best in your trading.
Steve Hoven
alleycatnews@alleycatnews.net
That was around $2.40. Today it closed at $3. Up about 25% since yesterdays post.
I also talked about NOEC being a nice stock under $4.50 with a target around $5.
Today NOEC went NUTS. Up 50% hitting a high of $7.98!!!
We bought it just a few weeks ago at $3.89. Which would have been a double in price had we held the stock.
The point of this blog and monthly project is to find stocks that have the potential good risk/reward. I hope by now I have shown you what the research I put in can do.
Will that mean every trade is a winner? Of course not.
But hopefully I will put out stocks that I think have great risk/reward potential etc..
I researched over 350 stocks TODAY!!!
Out of those 350 stocks I have found 8 stocks that I need to do more in depth research on. (tomorrow hopefully) Really break them apart etc.. They passed some quick testing etc.. But now they go under the microscope. And out of that 8 stocks once I am completely done I think I will have 1 or 2 stocks that show good potential for this project. Maybe their won't be any I don't know.
But if you want to be able to research stocks like I do I break it all down via my video ebook which can be found at
www.BeforeItMoves.com
The videos won't be available after this Friday to those that don't take advantage of the offer on the site.
I may have a stock pick this week depending on how those 8 stocks I research tomorrow go. If none of those 8 pan out then I probably won't have a pick until next week because I don't think I will have the time to do all the research on more stocks later this week.
Keep watching the blog for details on the next stock.
I wish you the best in your trading.
Steve Hoven
alleycatnews@alleycatnews.net
Monday, September 24, 2007
Update on some stocks
Hello,
Things have been busy for me with a newborn in the house and the many things that go into that.
I haven't study the markets lately but may get a little more time this week to do some research on finding stocks etc...
For those interested in Longer term potential I think that CAGC is a good longer term play. (6-18 months) If you are willing to deal with the ups and downs that they will have over the next 6 months. I own it in my IRA. The stock has come down from $2.80 to current levels of $2.40 in the last couple weeks. It could fall more I don't know but if willing to hold a little while I think based on the companies goals we should see some good gains.
I missed the IDSA play that was a nice one.
I think NOEC is a good trade if you can get it under $4.50. I think that is a solid stock going forward. And can try and play some shorter term action on that stock if you can get it below $4.50 with a target of $5.
I haven't had a chance to follow up on a couple other stocks. (CPNE) I liked it in the high .60's with a stop below .60. Good support in the low .60's. With a profit potential up to the .90 range. The risk/reward isn't as good as it was a week+ ago and there are some definite questions with that stock so I WON'T take it right now but will monitor it and do more research.
This is the LAST WEEK to purchase the BeforeItMoves.com Stock Videos.
If you wonder how I find my stocks to pick for the StockDoubling project then you will want to check out the site.
www.BeforeItMoves.com
You will see to the right of the blog a banner for Mike Huckabee. I won't make this a political blog but if you are looking for a person to support for the up coming Presidential elections I would suggest taking a good look at him. Whether you are a Democrat, Republican, or Independent I think he can appeal to open minded people. Check him out. Click on his picture for more details.
(He is the first presidential candidate I have ever sent money to. And will be the first one that I ever campaign for. I like MIKE!)
Have a good day
Steve Hoven
alleycatnews@alleycatnews.net
Things have been busy for me with a newborn in the house and the many things that go into that.
I haven't study the markets lately but may get a little more time this week to do some research on finding stocks etc...
For those interested in Longer term potential I think that CAGC is a good longer term play. (6-18 months) If you are willing to deal with the ups and downs that they will have over the next 6 months. I own it in my IRA. The stock has come down from $2.80 to current levels of $2.40 in the last couple weeks. It could fall more I don't know but if willing to hold a little while I think based on the companies goals we should see some good gains.
I missed the IDSA play that was a nice one.
I think NOEC is a good trade if you can get it under $4.50. I think that is a solid stock going forward. And can try and play some shorter term action on that stock if you can get it below $4.50 with a target of $5.
I haven't had a chance to follow up on a couple other stocks. (CPNE) I liked it in the high .60's with a stop below .60. Good support in the low .60's. With a profit potential up to the .90 range. The risk/reward isn't as good as it was a week+ ago and there are some definite questions with that stock so I WON'T take it right now but will monitor it and do more research.
This is the LAST WEEK to purchase the BeforeItMoves.com Stock Videos.
If you wonder how I find my stocks to pick for the StockDoubling project then you will want to check out the site.
www.BeforeItMoves.com
You will see to the right of the blog a banner for Mike Huckabee. I won't make this a political blog but if you are looking for a person to support for the up coming Presidential elections I would suggest taking a good look at him. Whether you are a Democrat, Republican, or Independent I think he can appeal to open minded people. Check him out. Click on his picture for more details.
(He is the first presidential candidate I have ever sent money to. And will be the first one that I ever campaign for. I like MIKE!)
Have a good day
Steve Hoven
alleycatnews@alleycatnews.net
Wednesday, September 19, 2007
New baby is here
My wife gave birth to a 9 lb baby boy this morning.
I am writing this from our hospital room.
Mother and baby are doing great. Elijah is his name FYI.
I will be out of commission dealing with family things until Monday.
So you are on your own with trading.
I missed my next pick. I was trying to get a bit better fill but waited too long.
The pick was to be IDSA had good support in the $8 area. I thought it could get to the $11 range pretty quick.
I was wanting to get filled in the high $8's low $9's. It got down to $9.10 the other day but I didn't pull the trigger. Today of course busy with the birth etc.. It had a great day today. It may still go up more but the risk/reward isn't what I am looking for right now. I was looking for a 18-22% return with around a 12% risk.
Anyway its the one that got away. OH well it happens.
NOEC continued to perform well hitting over $5 today. (I don't own it.)
Have a good night
Steve Hoven
alleycatnews@alleycatnews.net
I am writing this from our hospital room.
Mother and baby are doing great. Elijah is his name FYI.
I will be out of commission dealing with family things until Monday.
So you are on your own with trading.
I missed my next pick. I was trying to get a bit better fill but waited too long.
The pick was to be IDSA had good support in the $8 area. I thought it could get to the $11 range pretty quick.
I was wanting to get filled in the high $8's low $9's. It got down to $9.10 the other day but I didn't pull the trigger. Today of course busy with the birth etc.. It had a great day today. It may still go up more but the risk/reward isn't what I am looking for right now. I was looking for a 18-22% return with around a 12% risk.
Anyway its the one that got away. OH well it happens.
NOEC continued to perform well hitting over $5 today. (I don't own it.)
Have a good night
Steve Hoven
alleycatnews@alleycatnews.net
Monday, September 17, 2007
BeforeitMoves.com Last Chance and Monthly Picks
I have decided to remove the www.BeforeItMoves.com videos from the net.
As of September 28th 2007 they will no longer be available for purchase EVER AGAIN.
I have also lowered the price to $47 so anyone that wants to get the videos and learn how I find the stocks I purchase now is the time. (Those that purchased the package will continue to be able to access the videos past that date.)
The time WILL NOT BE EXTENDED.
And we still do have an 8 week money back guarantee on the product.
In the videos I show you step by step how I find the stocks I use for the StockDoubling project. Even if you don't have the desire to learn it now you may want to consider purchasing it for future use. As I said it will NEVER BE SOLD AGAIN AFTER SEPTEMBER 28TH.
www.BeforeItMoves.com to check it out.
Starting in October the StockDoubling MONTHLY picks will cost $10 per month. Until that time I will post them on this blog. I have a couple stocks in mind but the price isn't where I want them so we will see if they get to where I can get in the stock. I will keep you posted.
Have a great trading day
Steve Hoven
alleycatnews@alleycatnews.net
As of September 28th 2007 they will no longer be available for purchase EVER AGAIN.
I have also lowered the price to $47 so anyone that wants to get the videos and learn how I find the stocks I purchase now is the time. (Those that purchased the package will continue to be able to access the videos past that date.)
The time WILL NOT BE EXTENDED.
And we still do have an 8 week money back guarantee on the product.
In the videos I show you step by step how I find the stocks I use for the StockDoubling project. Even if you don't have the desire to learn it now you may want to consider purchasing it for future use. As I said it will NEVER BE SOLD AGAIN AFTER SEPTEMBER 28TH.
www.BeforeItMoves.com to check it out.
Starting in October the StockDoubling MONTHLY picks will cost $10 per month. Until that time I will post them on this blog. I have a couple stocks in mind but the price isn't where I want them so we will see if they get to where I can get in the stock. I will keep you posted.
Have a great trading day
Steve Hoven
alleycatnews@alleycatnews.net
Friday, September 14, 2007
Other Picks and "TESTING"
I received a few comments and I appreciate the feedback. Many said they wanted to "TEST" things out before putting money in and I can understand that. But all of you have seen what I have done with the StockDoubling project. (I haven't posted this blog anywhere else but to my stockdoubling list.)
For those of you who are looking for more picks or want to "TEST" my picks etc...
Check out the http://www.stockdoubling.org/ blog.
On it you find I bought CAGC back in late August at $2.40 (currently $2.80 Im still in) which is a 15% return in a couple weeks. (And if I was looking to get out of for quick gains I could have real fast.)
Also AYSI I bought back on Sept 4th at .37 I sold today at .44. Almost a 19% gain in 10 days not including commissions.
All that information can be found on that blog at http://www.stockdoubling.org/ Check those blog postings for more details etc..
So if you were looking for "Proof" or wanted to see how things would go those are some examples.
That is 3 examples of roughly 15%+ gains in the last 3 weeks of trading!!!
I will keep you posted on future picks next week.
Have a good weekend.
Steve Hoven
alleycatnews@alleycatnews.net
For those of you who are looking for more picks or want to "TEST" my picks etc...
Check out the http://www.stockdoubling.org/ blog.
On it you find I bought CAGC back in late August at $2.40 (currently $2.80 Im still in) which is a 15% return in a couple weeks. (And if I was looking to get out of for quick gains I could have real fast.)
Also AYSI I bought back on Sept 4th at .37 I sold today at .44. Almost a 19% gain in 10 days not including commissions.
All that information can be found on that blog at http://www.stockdoubling.org/ Check those blog postings for more details etc..
So if you were looking for "Proof" or wanted to see how things would go those are some examples.
That is 3 examples of roughly 15%+ gains in the last 3 weeks of trading!!!
I will keep you posted on future picks next week.
Have a good weekend.
Steve Hoven
alleycatnews@alleycatnews.net
Closing down the Monthly Picks?
Since I didn't receive even 1 donation for even $1.
I will assume NO one is doing this monthly stock picks project.
So since that is the case I think I am just going to shut down the MONTHLY Stockdoubling picks. Or maybe just make a paying membership only site for people who are actually trading.
I have to make a living and if people aren't willing to send me some money AFTER they make some from my picks then I think its time to move on.
I will just take the trades myself or maybe build a website for PAYING members only.
I will let you know my final decision on Monday.
Have a good weekend.
Steve Hoven
alleycatnews@alleycatnews.net
I will assume NO one is doing this monthly stock picks project.
So since that is the case I think I am just going to shut down the MONTHLY Stockdoubling picks. Or maybe just make a paying membership only site for people who are actually trading.
I have to make a living and if people aren't willing to send me some money AFTER they make some from my picks then I think its time to move on.
I will just take the trades myself or maybe build a website for PAYING members only.
I will let you know my final decision on Monday.
Have a good weekend.
Steve Hoven
alleycatnews@alleycatnews.net
Thursday, September 13, 2007
Out of NOEC 15% GAIN in 1 week
Sold NOEC at $4.50 this morning.
I sold all 175 shares.
Purchased on September 7th at $3.89
Sold on September 13th at $4.50
.61 per share gain or a little over 15% gain in under a week!!
I hope you all profited well also.
Eventually I will be charging for the Monthly Stock picks but in the meantime I just ask for donations.
So if you profited from this trade please send a donation using the link to the right of this blog.
Thank you
Steve Hoven
alleycatnews@alleycatnews.net
I sold all 175 shares.
Purchased on September 7th at $3.89
Sold on September 13th at $4.50
.61 per share gain or a little over 15% gain in under a week!!
I hope you all profited well also.
Eventually I will be charging for the Monthly Stock picks but in the meantime I just ask for donations.
So if you profited from this trade please send a donation using the link to the right of this blog.
Thank you
Steve Hoven
alleycatnews@alleycatnews.net
Wednesday, September 12, 2007
Didn't exit NOEC
Well I didn't get filled at $4.50.
I have 175 shares which is an odd # and I did all or none. Which means they have to take all the shares instead of selling only 100 share lots etc.. Which sometimes makes it more difficult.
The problem now is the chart now shows it hitting $5.00 which was my upside target based on the chart which has been fulfilled. It was only on 1000 shares and jumped from $4.50 to $5 with nothing in between.
So from a technical side of things I don't like that action up to $5.
I only had the limit in for the day so it isn't on for tomorrow. But I would probably sell at those prices if I got them tomorrow as well. Maybe even a few cents below that. 12-13% net after commissions isn't too bad for less a week.
So I may try and get out tomorrow if I can get those prices.
The downside it could slide back down to $4 after hitting its $5 area. We will have to wait and see.
I don't think its a bad stock for the longer term but with this project I am looking for short term moves.
I will keep you posted.
Steve Hoven
alleycatnews@alleycatnews.net
I have 175 shares which is an odd # and I did all or none. Which means they have to take all the shares instead of selling only 100 share lots etc.. Which sometimes makes it more difficult.
The problem now is the chart now shows it hitting $5.00 which was my upside target based on the chart which has been fulfilled. It was only on 1000 shares and jumped from $4.50 to $5 with nothing in between.
So from a technical side of things I don't like that action up to $5.
I only had the limit in for the day so it isn't on for tomorrow. But I would probably sell at those prices if I got them tomorrow as well. Maybe even a few cents below that. 12-13% net after commissions isn't too bad for less a week.
So I may try and get out tomorrow if I can get those prices.
The downside it could slide back down to $4 after hitting its $5 area. We will have to wait and see.
I don't think its a bad stock for the longer term but with this project I am looking for short term moves.
I will keep you posted.
Steve Hoven
alleycatnews@alleycatnews.net
Just put in a limit order at $4.50
NOEC I just put in a limit order to sell NOEC AT $4.50 on my 175 shares.
Bid/ask is now $4.43/$4.60 on NOEC.
It spiked up to $5.00 on my chart but on low volume getting up there.
My not be much volume to buy.
If I can get $4.50 though I will take it.
That is 15% return in only a few days.
I will post another message after the close to let you know if I was filled or not but If it goes thru $4.50 I may be out.
Have a good day
steve Hoven
alleycatnews@alleycatnews.net
Bid/ask is now $4.43/$4.60 on NOEC.
It spiked up to $5.00 on my chart but on low volume getting up there.
My not be much volume to buy.
If I can get $4.50 though I will take it.
That is 15% return in only a few days.
I will post another message after the close to let you know if I was filled or not but If it goes thru $4.50 I may be out.
Have a good day
steve Hoven
alleycatnews@alleycatnews.net
NOEC moving up
As of this post NOEC was at $4.34.
The bid is only $4.14 though (which is where it would be sold)
Which is about a 6% gain from the $3.89 entry price.
I think it can get to the $4.50 area to fill the gap from a few weeks ago.
The issue is getting the bid/ask a little closer. Currently .20.
I think it could run up as high as $5 shorter term (30-60 days)
But I think I may exit around $4.50 if I can get that price and the bid/ask are close etc...
At $4.50 that would be .61 gain per share which is just over 15% gain.
We will see where it goes but that is what I am looking for at this time.
I DO NOT HAVE LIMIT OR STOPS IN FOR THIS STOCK. I review each day based on price action etc..
NOEC also tends to release news ever couple of weeks. So if they announce something good it could send the stock higher quickly. If you don't check the markets everyday you may want to consider a limit order for an exit price if you want to lock in profits at a certain point that is up to you.
I NEVER MAKE RECOMMENDATIONS. I just state what I am doing.
steve hoven
alleycatnews@Alleycatnews.net
The bid is only $4.14 though (which is where it would be sold)
Which is about a 6% gain from the $3.89 entry price.
I think it can get to the $4.50 area to fill the gap from a few weeks ago.
The issue is getting the bid/ask a little closer. Currently .20.
I think it could run up as high as $5 shorter term (30-60 days)
But I think I may exit around $4.50 if I can get that price and the bid/ask are close etc...
At $4.50 that would be .61 gain per share which is just over 15% gain.
We will see where it goes but that is what I am looking for at this time.
I DO NOT HAVE LIMIT OR STOPS IN FOR THIS STOCK. I review each day based on price action etc..
NOEC also tends to release news ever couple of weeks. So if they announce something good it could send the stock higher quickly. If you don't check the markets everyday you may want to consider a limit order for an exit price if you want to lock in profits at a certain point that is up to you.
I NEVER MAKE RECOMMENDATIONS. I just state what I am doing.
steve hoven
alleycatnews@Alleycatnews.net
Friday, September 7, 2007
NOEC IS MY FIRST PICK FOR THE MONTHLY PROJECT
NOEC (New Oriental Energy & Chemical Corp )
Is my pick.
I got in at $3.89 for 175 shares
it has a good base at $3.20-$3.40.
They are a china energy play and expanding greatly.
Drawback could be like CAGC where they issue a bunch more shares etc..
But they are expanding and should see great revenue and earnings in the future. Not that many shares outstanding less than 13 million at last count.
The bid/ask spread is a bit more than I like to see but it isn't that active of a stock.
If it gets above $4 it should run to $4.50-$5.
It has runup a little bit in the last couple weeks from its lows so I would like to get it a little cheaper but I think this is a decent price. I would worry if it broke below $3.20 probably.
It needs to fill the gap from $4.50-$4.10.
A little dangerous with the stock market the way it is lately and I think will be the next 2 months but I think good value will win out.
NOEC is my pick.
have a good day
steve hoven
alleycatnews@alleycatnews.net
fyi watch the ceo of NOEC ring the closing bell today Friday September 7th.
Is my pick.
I got in at $3.89 for 175 shares
it has a good base at $3.20-$3.40.
They are a china energy play and expanding greatly.
Drawback could be like CAGC where they issue a bunch more shares etc..
But they are expanding and should see great revenue and earnings in the future. Not that many shares outstanding less than 13 million at last count.
The bid/ask spread is a bit more than I like to see but it isn't that active of a stock.
If it gets above $4 it should run to $4.50-$5.
It has runup a little bit in the last couple weeks from its lows so I would like to get it a little cheaper but I think this is a decent price. I would worry if it broke below $3.20 probably.
It needs to fill the gap from $4.50-$4.10.
A little dangerous with the stock market the way it is lately and I think will be the next 2 months but I think good value will win out.
NOEC is my pick.
have a good day
steve hoven
alleycatnews@alleycatnews.net
fyi watch the ceo of NOEC ring the closing bell today Friday September 7th.
Welcome To the Monthly project
This new project is strictly for those who are looking to trade more in the stock market while we wait for the StockDoubling project.
I wouldn't suggest taking money out of the stockdoubling project for this new project. The StockDoubling project has done very well since its start but it does take time.
This new project is for those of you who are more hands on and want to trade a little more.
I will find 1-2 stocks a month that have a decent shot of moving up 10-30% over the next 30-60 days and good long term value as well.
I will personally put roughly $500-$700 into each stock and then send out an email about my entry and what I am looking for etc...
You MUST be on the new list for the StockDoubling Project. I will not be sending these new picks to the regular StockDoubling list as I don't want to confuse things. So this is a totally new project so you will need to be on a new list.
To sign up for the New Monthly StockDoubling List you can find the next blog post.
I may have my first pick for this new project later today Friday September 7th.
Thank you
Steve Hoven
alleycatnews@alleycatnews.net
I wouldn't suggest taking money out of the stockdoubling project for this new project. The StockDoubling project has done very well since its start but it does take time.
This new project is for those of you who are more hands on and want to trade a little more.
I will find 1-2 stocks a month that have a decent shot of moving up 10-30% over the next 30-60 days and good long term value as well.
I will personally put roughly $500-$700 into each stock and then send out an email about my entry and what I am looking for etc...
You MUST be on the new list for the StockDoubling Project. I will not be sending these new picks to the regular StockDoubling list as I don't want to confuse things. So this is a totally new project so you will need to be on a new list.
To sign up for the New Monthly StockDoubling List you can find the next blog post.
I may have my first pick for this new project later today Friday September 7th.
Thank you
Steve Hoven
alleycatnews@alleycatnews.net
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