Tuesday, November 28, 2017

BitCoin Rewind 2013 : What Is A Bitcoin?




























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Thursday, November 2, 2017

5 LARGEST PUBLIC COMPANIES GAIN $1.1 TRILLION

The top five largest  public companies based on market capitalization have gained over $1 trillion from October 31,2015 thru October 31,2017.
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Wednesday, June 28, 2017

Little boy asks Pope Francis: 'Is my dad in heaven?'

"Don't Be Afraid to Be Holy" -- Pope Francis 




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Wednesday, May 31, 2017

TITAN Chairman Excited on Conference Call DUMPS STOCK Next Day AT 3 YEAR HIGH

Titan Machinery (NASDAQ: TITN $17.20) reported FY2018 1st Quarter numbers last week on Thursday morning. The company reported Sales in Unites States had declined 17% and re-iterated the company was closing 15 stores (20% of their US locations by end of 2nd quarter. 
The Stock opened on Wednesday morning down nearly 10% @ $14.39.



At the market open management was finishing up their  Conference Call where the Chairman hinted to analysts that he was speaking with acquisition candidates and was hoping the company could close a deal soon. (The word ACQUISITION was MENTIONED 13 TIMES on the call). Shares of the Stock Rebounded IMMEDIATELY and the shares skyrocketed from $14.39 at the open to a high of $17.16. A 21% MOVE HIGHER within hours.

 Chairman Meyer caption from SeekingAlpha Conference Call Transcript:
Source: StockCharts.com
Check out this chart from StockCharts.com for TITN

Visit StockCharts.com to see more great charts.

Strangely enough someone on Wednesday the day prior to the announcement the company had unusual call options activity with heavy buying in the out-of the money $17.50 June calls with the common stock under $15.
Those Wednesday purchases in the $12.50, $15 and $17.50 (strikes )calls Increased in price 400% within 24 hours!


The Company announced their Q1 results on Thursday morning last week but they still HAVE NOT FILED their Q1 10Q with the Securities and Exchange.

The following day on Friday with shares climbing even higher the investment banker Stephens issued a morning note helping fuel the momentum as shares made a NEW 3 year high @ $17.43.

Stephens' Former Officer/Director recently resigned as a Director of Titan Machinery.
He is one of 6 of the 9 Directors that has resigned from Titan Since May 2015, including the Cofounder who resigned as President and received nearly a $2 million severance agreement that company still has not finished paying off.



Today we learned from a NEW SEC FORM FILING that the Chairman Sold Shares into the Ramp.
To see a history of insider selling during hyped management reports, click here.
The majority of the Chairman's remaining position is equity from under $3.00 a share.
   




In March 2017 the Company reported the weak fundamentals (3 years of losses (see above) and gave guidance that they would lose money again in FY2018.
But thanks to FAKENEWS like the Headline/Article below shares spiked as usual.


A TRIP DOWN MEMORY LANE : What Kind of PEOPLE RUN TITAN?

DID TITAN MACHINERY MANAGEMENT OR EMPLOYEES SHARE INSIDE INFORMATION?

 On Monday March 9,2015 the Overall Stock Market traded higher during a blockbuster day.  Titan Machinery for some reason did not participate in the rally and instead had one of its worse trading days in its history falling 6% on the session.
By A BIZZARE COINCIDENCE AFTER THE CLOSE that Monday TITAN MACHINERY PRE-ANNOUNCED FY2015 Year end Financials 1 month ahead of Schedule and the STOCK WAS HALTED after Hours.

 ON June 9,2015 the Company Disclosed that they had Inflated Assets and Understated Losses. Ironically, these errors occurred at the time that the coFounder suddenly resigned as president. (although these accounting errors were disclosed one year after the fact).

 REMEMBER THE SUSPICIOUS TRADING PRIOR TO THE AUDITOR RESIGNATION BEING DISCLOSED on 4th of July weekend in 2013?

What role does the local Minnesota penny stock firm FELTL play in all this activity?
Recently the Director of Research who was the biggest bull on Titan for years has recently resigned and has taken a position as the CFO of a local penny stock public company (RIBT).

 TITAN has a history of HYPED GUIDANCE and insiders selling into stock getting pumped up, only to see numbers getting reported within 7 months and missing guidance by miles.

 SEC Comment Letters that have been sent to Titan through the years can be found here

 On Seeking Alpha Recently a Bullish Article was also written

 HOW MUCH PROFIT CAN TITAN EARN REDUCING INVENTORY VIA AUCTION LIQUIDATIONS?








TITAN Related Party Transactions 


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Wednesday, May 3, 2017

TOP 50 United States Companies By Market Capitalization

  • S&P 500 has has gained 305 points for a 15% gain.
  • NIKE and Starbucks are no longer in top 50
  • AMZN has gained $149 Billion +51%
  • FB has gained $148 Billion +52%
  • AAPL has gained 87 Billion +13%
  • GOOG gained $143 Billion +29%
  • MSFT gained $109 Billion +26%
  • BRK gained $70 Billion +21%
  • XOM, KO are Flat
  • VZ -$3 Billion (-2%)  DIS -$10 Billion (-5%)
  • WFC -$7 Billion -2%
  • JPM gained $72 Billion +30%
  • WMT gained $44 Billion +24%
  • MCD gained $9 Billion +8%
  • IBM gained $14 Billion +10%
  • ORCL gained $20 Billion +12%
  • Home Depot gained $29 Billion +18%
Charts below from IWeblists)
 






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Wednesday, April 5, 2017

SEC Comments Will Effect Titan Machinery's Upcoming 10K

(View Under Armour warning above $40 here )
Before you step into the 2017 SEC Comment Letters and if you are  new to TITAN MACHINERY (NASDAQ: TITN) colorful stock trading, you can click here to see the history of BIZARRE hype. 
Including, but not limited to: 

           

On January 26,2017 the Securities and Commission's Division of Corporate Finance sent the following Comment Letter to Titan Machinery after a review of the Company's FY2016 Annual 10K filed back in April 2016.
The Comment Letter requested clearer and more transparent disclosure regarding Titan's Adjusted EBITDA, Inventory and Wells Fargo Credit Agreement.
On February 9, 2017 Titan filed a Correspondent in response to the SEC comment letter and agreed to make changes regarding each disclosure.
Ironically, also on February 9,2017 Titan filed an 8-K with the SEC announcing that they would be closing 15 locations and gave gave guidance to the street regarding their FY2017 Sales and Earnings which were originally expected to be announced on March 30,2017.
What's is so strange is that FY2017 ended on January 31,2017 and the company's guidance regarding  the FY2017 top line sales number were lower than the Actual Number that was reported on March 30,2017 causing the company to BEAT THE TOP LINE on the morning of the Year end press release.
What's even more bizarre is that the company expected to lose ($0.20) but instead loss ($0.31). The Top Line Beat was celebrated by Wall Street sending the shares up from under $13 on Monday to close the week above $15 at a $330 million market capitalization.

Chart is an image from BigCharts.com 

In April 2014 Titan Machinery shares traded @ $15.50 and the company reported FY2015 sales of $2.2 Billion and the company was profitable.
Over the last 3 years since April 2014 the company has reported losses for a combined ($84 Million) and recently announced FY2017 Sales of less than $800 million in equipment for the entire year.
Meanwhile the Stock closed yesterday @ $15.50 and remains at a $300+ million market capitalization.

So What drove the stock higher? Was it FY2018 Guidance? 
CEO David Meyer on the conference call last week WARNED THAT Agriculture and Construction EQUIPMENT SALES WILL FALL FURTHER IN FY2018!!!

 READERS at SEEKINGALPHA are asking "WHAT IS SUPPORTING THE STOCK?"


 After doing some Digging to find out what was catalyst to drive this thinly traded Titan Machinery micro cap stock with a mere 21 million shares outstanding skyward. 
I am not a subscriber to TheStreet.com Real Money services but I did find someone who profited from buying the TITAN SPIKE and congratulated Real Money author REVSHARK on twitter.











Check out this chart from StockCharts.com for TITN

Visit StockCharts.com to see more great charts.




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