Worth reading:
Global Aircraft Solutions Announces Management and Board Changes – CEO Ian Herman is out at Global Aircraft (OTCBB:GACF). Unfortunately, so is the prior guidance for profits in Q2. GACF now expects a loss on one-time charges, though core operations appear to be ok. Could be a buy in low $.20s.
General Employment [...]
Worth reading:
Littlefield Corp. swings to a loss in Q1 – Quarterly earnings for Littlefield (LTFD.OB) came in a bit light. However, if it can pull off the sale of the catering business, this may still be a stock to watch.
Banks.com, Inc. Adds Record Number of Registered Subscribers and Users During 2008 Tax Season: Financial [...]
Global Aircraft Solutions (GACF.OB) announced disastrous preliminary fourth quarter and FY 2006 results, sending shares plummeting on huge volume. The severity of the reaction suggests that the announcement was unexpected. However, GACF also announced disappointing results last quarter, so today’s bombshell should not have come as a surprise.
My decision to stay long GACF [...]
By any measure, Global Aircraft Solutions’ (GACF.OB) third quarter report was disappointing. Revenue declined 22% from second quarter 2006 to $7.9 million, net profits before taxes declined 75% from the prior sequential quarter, and EBITDA slid 56% to $770,580. The only thing not dropping was expenses–capital expenditures for the quarter rose to [...]
