Archive for May, 2008

Positive exploration news sends U.S. Gold (UXG) shares higher

New visitor? Consider subscribing by RSS or by email.Over the past nine months, U.S. Gold shares (Amex:UXG) lost two-thirds of their value even while gold itself flirted with over-$1000 prices.   The problem?  A toxic combination of mildly-disappointing exploration results and sky-high investor expectations.  Shareholders apparently focused on [...]

Microcap News and Views - May 17th (EZEN.OB, CPTC.OB, STMF.PK, RICK, ABAT)

Worth reading:

EZENIA! INC. Announces 2008 First Quarter Financial Results - If you thought Yahoo! was the only company with an exclamation point in its name, I present Ezenia! Its a serial underperformer but has cash exceeding its market cap. Not enough to get me interested.
Composite Technology Announces Quarterly Results - the good news: revenues [...]

Greetings from Pakistan: NetSol (NTWK) delivers solid gains for US investors

My biggest percentage gainer of the year is from…Pakistan? Hard to believe, but NetSol (Nasdaq: NTWK), a Pakistani business process outsourcing and lease management software company, is up 90% from where I bought it less than two months ago!
The rise wasn’t entirely unexpected. The shares were dirt cheap, and the company had a [...]

Advocat (AVCA) reports strong first quarter earnings

Investors in microcap nursing home provider Advocat, Inc. (AVCA) should be pleased with first quarter earnings. Revenues increased 30.9% year-over year, net income from continuing operations was up 124.7% (to $.50 per share, fully diluted), and funds from operations rose 45.7%. Part of the increase was due to Advocat’s purchase of seven [...]