Taking A Stake In Natural Gas With Carbo Ceramics [View article]
You mention risk of regulation that would eliminate demand and this is certainly a valid point. My article focuses on environmental risk and potential liabilities for spills, accidents, etc. The outright moratorium on fracking could follow such an event but that would affect all in the group and not just CRR. Thanks for taking the time to send a note.
Taking A Stake In Natural Gas With Carbo Ceramics [View article]
David,
Thank you for your comment. The stock appears to trade with the natural gas industry, hence the significant short-interest. That aside, Carbo Ceramics appears to be a solid company and is free of the risk of environmental damages caused by those nasty chemicals they use along with the proppants. As a contrarian I like entering a long position when the company or its sector is out of favor. The old buy low and sell high strategy.
What BioSante's Balance Sheet Says About Future R&D [View article]
You have pointed out an important element in the GVAX story. Physicians have been supporting a variety of studies and trials related to GVAX and BioSante has benefited from that. While numerous, these studies are not the large, double-blinded, randomized clinical trials that are needed to impress FDA reviewers who might approve GVAX for commercial use. BioSante management is apparently looking at various options, including a strategic partner, to pay for those important clinical trials for GVAX. Unfortunately, this particular option means BioSante will have to give up some of the ownership or offer royalities. There is no free lunch in pharma.
Sell-Side Firm Goes Bearish On Kodiak [View article]
Your last point is why analyst downgrades can be exploited by value or contrarian investors. In the case of KOG, it has so far only produced a very narrow window of opportunity to take a long position at a more compelling entry point. As to those who might hold a short position in KOG, there may be a long wait given the strong bullish sentiment.
Sell-Side Firm Goes Bearish On Kodiak [View article]
My article did not indicate that KOG is 6.4 times over priced. This is your conclusion. The article did draw a comparison between KOG's multiple and the industry average, which is a valid means of deciding whether a stock is overpriced or underpriced. There could be many good reasons that a stock would trade at a premium to peers in its industry - or at a discount. The trick is finding objective fundamental justification. The latter is the point of the article. The stock was downgraded and as pointed out by another view sell-side firms often have motives unrelated to fundamentals in deceding to change a rating.
Sell-Side Firm Goes Bearish On Kodiak [View article]
Perhaps you were the only investor who understood the point of my article that KOG could be overpriced, but is worth watching for a pull-back in price. If you were able to buy at at $8.80 you have received a double-digit pick-up since.
Ebix: Stock Repurchases A Gift For Investors [View article]
During 2008, 2009 and 2010, Ebix repurchased 4.4 million shares. The company reported another 1.3 million repurchased in the first six months of 2011 for a total of 5.7 million that have been reported in SEC filings. Our sources for these numbers are the 2010 10K and the June 2011 10Q both of which reflect the 3-for-1stock split.
Perhaps you are referring to the earlier comment related to the press release. The company issued a press release the first week in October 2011 in which it discloses additional share repurchases. The time line is apparently February 2011 when the acquisition of A.D.A.M. was closed through the end of September 2011 - at least that is how I interpret the press release. The company stated that they had repurchased 3.444 million at a total cost of $62.7 million since the acquisition.
Since the time periods are different and some of the repurchases alluded to in the press release have not been reported in an SEC filing, we just chose to work with reported numbers. If you knew how much had been repurchased in January and the part of February before the acquisition was closed it would be possible to figure out how many shares had been repurchased since June 2011. Then you could reconcile the press release to the June 2011 quarter filing. However, those January and February numbers are not disclosed.
Ebix: Stock Repurchases A Gift For Investors [View article]
prchunter,
During 2008, 2009 and 2010, Ebix repurchased 4.4 million shares. The company reported another 1.3 million repurchased in the first six months of 2011 for a total of 5.7 million that have been reported in SEC filings. Our sources for these numbers are the 2010 10K and the June 2011 10Q.
The company issued a press release the first week in October 2011 in which it discloses additional share repurchases. The time line is apparently February 2011 when the acquisition of A.D.A.M. was closed through the end of September 2011 - at least that is how I interpret the press release. The company stated that they had repurchased 3.444 million at a total cost of $62.7 million since the acquisition.
Since the time periods are different and some of the repurchases alluded to in the press release have not been reported in an SEC filing, we just chose to work with reported numbers. That is, if you knew how much had been repurchased in January and the part of February before the acquisition was closed it would be possible to figure out how many shares had been repurchased since June 2011. However, those numbers are not disclosed.
I hear you on the 75 mph item. This is the speed the company was touting at a recent presentation. They are also the ones who characterize it as a motorcycle for the purposes of vehicle classification. As a motorcycle it can meet regulation requirements faster than if it were classified as a car.
Archer Daniels Midland: The Largesse of the Large Fry [View article]
Stay tuned for more in this series on the DOE grants made in December 2009. We are profiling each recipient, most of which are small, private companies. We will follow up later in 2010 on project progress, new jobs created and incremental renewable fuel produced.
Taking A Stake In Natural Gas With Carbo Ceramics [View article]
Taking A Stake In Natural Gas With Carbo Ceramics [View article]
Thank you for your comment. The stock appears to trade with the natural gas industry, hence the significant short-interest. That aside, Carbo Ceramics appears to be a solid company and is free of the risk of environmental damages caused by those nasty chemicals they use along with the proppants. As a contrarian I like entering a long position when the company or its sector is out of favor. The old buy low and sell high strategy.
The Best SA Articles Of All Time, As Chosen By Their Authors [View article]
Thank you for your continuing efforts to improve the Seeking Alpha platform.
Debra Fiakas
The Small Cap Strategist
Crystal Equity Research
What BioSante's Balance Sheet Says About Future R&D [View article]
Sell-Side Firm Goes Bearish On Kodiak [View article]
Sell-Side Firm Goes Bearish On Kodiak [View article]
Sell-Side Firm Goes Bearish On Kodiak [View article]
Ebix: Stock Repurchases A Gift For Investors [View article]
Perhaps you are referring to the earlier comment related to the press release. The company issued a press release the first week in October 2011 in which it discloses additional share repurchases. The time line is apparently February 2011 when the acquisition of A.D.A.M. was closed through the end of September 2011 - at least that is how I interpret the press release. The company stated that they had repurchased 3.444 million at a total cost of $62.7 million since the acquisition.
Since the time periods are different and some of the repurchases alluded to in the press release have not been reported in an SEC filing, we just chose to work with reported numbers. If you knew how much had been repurchased in January and the part of February before the acquisition was closed it would be possible to figure out how many shares had been repurchased since June 2011. Then you could reconcile the press release to the June 2011 quarter filing. However, those January and February numbers are not disclosed.
Hope this clarifies the share count for you.
Thank you for your note.
Debra
Ebix: Stock Repurchases A Gift For Investors [View article]
During 2008, 2009 and 2010, Ebix repurchased 4.4 million shares. The company reported another 1.3 million repurchased in the first six months of 2011 for a total of 5.7 million that have been reported in SEC filings. Our sources for these numbers are the 2010 10K and the June 2011 10Q.
The company issued a press release the first week in October 2011 in which it discloses additional share repurchases. The time line is apparently February 2011 when the acquisition of A.D.A.M. was closed through the end of September 2011 - at least that is how I interpret the press release. The company stated that they had repurchased 3.444 million at a total cost of $62.7 million since the acquisition.
Since the time periods are different and some of the repurchases alluded to in the press release have not been reported in an SEC filing, we just chose to work with reported numbers. That is, if you knew how much had been repurchased in January and the part of February before the acquisition was closed it would be possible to figure out how many shares had been repurchased since June 2011. However, those numbers are not disclosed.
Hope this clarifies the math.
Debra
T3 Motion: Compelling Arbitrage, Long-Term Potential, Volatile Stock Price [View article]
Investing in Nuclear Power Plant Construction: Consider Shaw [View article]
Debra
Investing in Nuclear Power Plant Construction: Consider Shaw [View article]
dfiakas@crystalequityr...
Investing in Nuclear Power Plant Construction: Consider Shaw [View article]
Where do I find "Panic in the Nuclear Streets?"
Send the URL if you have the time.
Archer Daniels Midland: The Largesse of the Large Fry [View article]