Mr TheTree II? HA!
No wonder she can go on vacation she is IR LADY for about 5 different companies!! Im sure this God Damn PR will be as worthless as the last. Maybe we will get another 3 tick run...
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Mr TheTree II? HA!
No wonder she can go on vacation she is IR LADY for about 5 different companies!! Im sure this God Damn PR will be as worthless as the last. Maybe we will get another 3 tick run...
beeep beep work makes you sleepy
hey whats a good goal hourly rate by the time your 25 yrs old? (keeping in mind theres a surplus of people looking for jobs at the moment)
Mr. TheTree, All I can say to your post is that I believe that you have it down!Originally Posted by thetree
Mr. theTree the second......that is hilarious and Papawasarollingstone.
I just can't let it go ...
Was just going to say that I could imagine some lazy overweight guy, scratching his belly and cranking out emails, thinking to himself "Man, this is too easy ... gullible minions! Go buy a couple million more shares suckers!"
You never know ...
Tree, is that true about covering 5 different company's?
[QUOTE=Los Tiburones;47800]Was just going to say that I could imagine some lazy overweight guy, scratching his belly and cranking out emails, thinking to himself "Man, this is too easy ... gullible minions! Go buy a couple million more shares suckers!"
That gives a guy a visual.
[QUOTE=billhart22;47801]
Hopefully it's well past lunch time ...
All kidding aside, I would be hard pressed to believe anything other than the sincerity of it, short of it taking another month for an update ...
I just have to shrug my shoulders. I don't have a clue what they will say. We have no other choice than to wait and see what they feed us.Hopefully it's well past lunch time ...
All kidding aside, I would be hard pressed to believe anything other than the sincerity of it, short of it taking another month for an update ...
Dr Dave, what did you think about today's movement on spng? I got a little worried when i saw .137 as the low, but i think that was a fluke because i don't even see it on my charts.
I'm trying to read how the action is compared to the moving averages and technically they don't look great. I think I know better because I've done tons of DD...maybe im over thinking and down too close, let me know what you thought.
Daily Update on SPNG (by me): The news seemed promising because they did $6.9MM orders first week and a half of July, $4.1MM in the second week and finished with $23.5MM for the month. A weekly average of 5.8. They did $18MM in June. Now they have $13.5 for the first half of August, current average for august is $6.75MM. They are averaging for 6.5 weeks $7.38MM per week, although increased from 4.5 to 5.75 from june to august.
At 52 weeks a year that comes out to $383MM. Knowing the sales are cyclical and not knowing how many are reorders...yet factoring that they are still growing. Lets say that current performance times 50%...thats $191MM for 2010. at 17% profits thats 32MM earnings divided by 722MM shares equals .04 EPS, times 12 P/E we get .53 a share?
That to me seems very conservative.
Jus' spit ballin here anyone can chime in on my silly math, im new to this still...Tyler maybe if you can read it (its just fast talking on a computer so i did no editing) if you can read it, let me know if my spng calcs are right or how wrong they are.
thanks
EDIT: I read the profit % was 17 to 20% in 10Q i think.
PS. They are also looking into share buyback that could up the result by 30%
Last edited by imromo24; 08-17-2009 at 06:00 PM. Reason: added info
I think i figured it out and its that spng had so much volume on the runup and run down in June that it all but destroyed the moving averages and its having trouble getting past the moving averages...this would make sense why once it does break them upwards spng will be in a good position over the consolidation line at .14.
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