November
30
Category: Uncategorized
New visitor? Consider subscribing by RSS or by email.After a few failed attempts, Advocat (AVCA.OB) (articles) finally took out its 52 week high at the close today. I think this one has a ways to go.
DISCLOSURE: I am long AVCA.OB. Not a recommendation to [...]
November
30
Category: Uncategorized
Reader Tim V. emailed me about the asset sale that Advocat Inc. (AVCA.OB) (articles) announced yesterday. Tim noted that the market reaction was tepid and that the sale would result in a charge of $4.5-$5 million. He asked for my take and here it is:
The sale, in my opinion, is unabashedly positive. [...]
November
30
Category: Uncategorized
Petrol Industries (PTLDE.OB) (articles) now has an “E” appended to its symbol, indicating that it has failed to file its 10-Q on time. This is very disappointing, as CEO David Taylor personally told me that they were trying to get it on file last Tuesday afternoon. That was a week ago, and it is still [...]
November
30
Category: Uncategorized
HQ Sustainable Maritime (HQSM.OB) (articles) got upgraded yesterday by Market Advisors, which set a price target of $1.75. Sounds great, right? Here’s the catch. An undisclosed “third party” paid Market Advisors $2,500 to issue the report:
The information and opinions in this report were prepared by Market Advisors, Inc. (located in Nebraska) who [...]