April
10
10
Microcap News and Views – April 11th
Topics: news and viewsWorth reading:
- Patriot Scientific Reports Q3 FY’08 Results – market really hated this one, sending shares down over 20%. I was a very early fan of PTSC but have been skeptical since it peaked. With the big settlements behind it, how can PTSC justify its valuation?
- Candente: Copper Worth Looking At – Otto Rock via Seeking Alpha, on why Cadente is a likely takeout at a much higher price
- China 3C Group Enters into Supply Agreement with Wal-Mart Stores in Zhejiang Province – CHCG needed a little good news after the latest dour outlook.
- YTB International Reports Total Revenue of $141 Million and $3.2 Million Net Income for 2007 – YTBLA is en fuego, rising from below 1 to around 4 in just a few weeks (chart). The funny thing is I never even heard of this company.
- The Short Case for Origin Agritech – Interesting read but imo this stock was rides up and down on the fancy of momo traders.
- BAB, Inc. Reports Profit for 1st Quarter FY 2008 – Earnings hold steady at my favorite publicly-traded bagel company. As long as they do, I’ll keep collecting that huge dividend.
DISCLOSURE: Long CHCG.OB, BABB.OB. No position in other stocks mentioned.
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