Showing posts with label Renna. Show all posts
Showing posts with label Renna. Show all posts

Thursday, February 25, 2021

Making Money When the Market Heads Lower

From October 3,2011 through April 2,2012 the market has rallied nearly 30%.
Today the S&P500 index was down over 1% and 6 Exchange Traded Funds that have been resting near their 52week lows all moved up.
This morning I read Doug Kass's latest column from Real Money after finding it referenced at BusinessInsider.com.
Kass was right today and if his prediction holds true for the next several months then the best investment returns can be found in the following Short Focused Exchange Traded Funds:
ProShares UltraShort Dow30
(NYSEArca: DXD) $53.36
ProShares Short MidCap400
(NYSEArca: MYY) $27.60
ProShares Short QQQ
(NYSEArca: PSQ) $25.76
ProShares UltraShort QQQ
(NYSEArca: QID) $30.55
ProShares UltraShort S&P500
(NYSEArca: SDS) $15.60
ProShares UltraShort Russell200
(NYSEArca: TWM) $31.48
prices are as of 4/9/2012 close

Making Money When the Market Heads Lower by Thomas Renna

Thursday, February 12, 2015

Titan Machinery Unusual Volume With No News

 Is it Undetected Insider Trading ............again?
(click images to enlarge)


Titan Machinery (21 million shares outstanding) only averages volume per day of approximately 160,000 shares but yesterday it traded nearly 1 million shares. Titan is a quiet under the radar stock that trades hardly any volume and recently has traded under 100,000 shares per day during the past month. Aside from the 4 days a year that the company reports quarterly results the shares never really trade more than 200,000 shares per day. So let's see what happens today and the rest of the week to find out if there is possibly some news coming out that maybe someone was privileged to yesterday?@#$%^&????

I am suspicious of the trading yesterday because this happen once before and after an unusual spike in volume with no news on a quiet July day prior to a 4th of July trading holiday, but days later the company filed that the company's original auditor for nearly 30 years had resigned.  I raised the red flag back then but because my following is quite small nobody paid any attention.

T.R. says:

SEC received TITAN 8-K July 2,2013 @ 16:56:12 est.
The unusual volume on the morning of June 28,2013 looks like somebody saw this 8-K coming.


Chart from May through July 2013 (see volume before news




Titan Machinery (NASDAQ : TITN) is a very peculiar stock. The company has a market capitalization of nearly $300 million but the company's underlying fundamentals disclose a business that is on the brink of bankruptcy.  Shares of the stock are being held and practically tied up by a group of major mutual funds that for some reason have added to their positions as the company's future becomes more and more in doubt.

Titan has a history of questionable related party transactions and a family member who has led underwriting from a boutique investment firm.


Questionable Accounting: 
 "in certain circumstances, n upon the customer's written request, equip revenue is recognized before delivery occurs"
 https://twitter.com/stockpicker908/status/366579314147328000


From Morningstar: Institutional Holdings


Thursday, June 5, 2014

Titan Machinery Reports Q1 Loss of ($0.20)

Friday, June 28, 2013

ADA-ES, Buffalo Wild Wings & Web.com Hit All Time Highs

Equities Research Friday Morning Post

6/28/2013

Web.com Group, Inc. (NASDAQ:WWWW) traded at an all time high yesterday before closing @$25.01. Stockdiagnostics upgraded WWWW @ $5.58 on June 17,2009 after the company reported 1st quarter financials for the period ending March 31,2009. In 4 years since the upgrade, shares have appreciated 348%
<click to WWWW Stockdiagnostics OPS chart
<click to WWWW GFNN news story

<February 2013 Equities Research Newsletter


6/28/2013

Buffalo Wild Wings, Inc. (NASDAQ:BWLD) traded yesterday at an all time (10 year) high before closing @ $98.31. Stockdiagnostics upgraded BWLD @ $13.69 (split adjusted) on March 8,2004 after the company reported 4th quarter financials for the period ending December 31,2003. Since the upgrade 9 years ago shares have appreciated from 618%.

<click to BWLD Stockdiagnostics FCF chart
<click to BWLD Stockdiagnostics OPS Chart
<click to BWLD GFNN news story

6/28/2013

ADA-ES, Inc. (NASDAQ: ADES) traded yesterday at an all time (9year) high before closing @ $41.17. Stockdiagnostics upgraded ADES @ $5.10 on August 27,2010 after the company reported 2nd quarter financials for the period ending June 30,2010. Since the upgrade 34 months ago, shares are up 707%.
<click to ADES Stockdiagnostics OPS chart
<click to ADES GFNN news story

Thursday, May 23, 2013

8 X 8 Reports $31.8 Million in Operational Cash Flow

8X8 Inc. (NASDAQ: EGHT : $7.37) reported FY2013 financials last night after the close.

Equities Research reiterates:  STRONG BUY 
click to Equities Research February Newsletter Pick @ $6.33
click to Equities Research Archives  

EGHT finished the year with $52 million in cash (and marketable securities) and NO DEBT.

Operational Cash Flow for the year improved to $31.8 million for FY2013 up from $9.2 million in FY2012 
  • $22 million improvement, 245% increase
  • FY2013 $0.42 operational cash flow per share
  • 75 million shares outstanding times $7.37 per share = $552 million market cap
  • $552 mkt cap - $52 million in cash = $500 million mkt (less cash)
  • $500 mkt cap divided by $31.8 million CF =  16 times operational cash flow (ttm)
click to enlarge statistic chart


May 22,2013 8X8 Corporate Overview FY2013


 5/23/2013

8 X 8, Inc. (NASDAQ: EGHT) closed yesterday @ $7.37. Stockdiagnostics upgraded EGHT @ $1.40 on August 9,2010 after the company reported FY2010 1st quarter financials for the period ending June 30,2010.  Since the upgrade 33 months ago, shares have appreciated 426%.
c<lick to EGHT Stockdiagnostics OPS chart 5 year
 

<click to EGHT Stockdiagnostics OPS chart
<click to EGHT GFNN news story 

<<Equities Research February 2013Newsletter 

click to EquitiesResearch.com Archives for EGHT



Stockdiagnostics the Utility!
Professional investors understand that due diligence is vital when making a sound investment. Insurance companies, mutual funds, pension funds and money managers, of all types, including independent individuals rely on research. Time, education and relevant experience are crucial elements to becoming a profitable investor.
Profitable investors possess the resources necessary to filter through the bullish and bearish sides of all trades through the use of different Brokerage Coverage, Research Firms, Investment News' Services, Technical Analysis and most importantly, Quarterly Financial Audit statements filed with the Securities & Exchange Commission.
To make a sound investment, all spectrums of the financial markets from Bonds, Commodities, Real Estate and Equities should be taken into account. The most challenging aspect of managing money is dedicating valuable time to properly make and manage great investments. (note: it's not only entering a trade that is challenging, but it is just as, if not, more challenging to monitor and exit a trade)
The purpose of EQUITIES RESEARCH is to support investment professionals by helping them save time and money, reduce investment risk and increase returns based on thorough, objective fundamental analysis using the Stockdiagnostics.com research tool. (which in itself is very time consuming).
Our Philosophy is a long term, buy and hold approach.
Prior to the due diligence phase, the investor should first start with the fundamentals. ALL our research is based on trailing numbers (financials), and there can be no guarantee of future performance. On the Buy Side, we focus on companies with sound growth, trading at a discount to Cash Flow. Overvalued stocks, with declining growth, trading at premiums to cash flow are flagged on the Sell Side.

Simply put, your day should start with your Equities Research Newsletter. Before you consult the brokerage research, news story sites, research sites and media reports, IT WOULD BE MOST ADVANTAGEOUS TO YOUR SUCCESS if you Just Start with the Equities Research Newsletter and find The Healthiest and Unhealthiest Stocks of the Universe

100% OBJECTIVE .....
Just the Numbers

Tom Renna 908-477-4796
Timely analytical disclosureGet there before the herd,
Know the Quality of the Numbers



Disclaimer.
All Newsletters, published by Equities Research, LLC , does not constitute a recommendation by Equities Research, LLC to buy, sell, hold any security, or to follow any particular trading or investment strategy. Also, the information provided should not be construed as an offer, or a solicitation of an offer, to buy or sell securities. An investor's best course of action must be based upon individual circumstances. EquitiesResearch.com shall not be liable for any damages or costs of any type arising out of or in any way connected with your use of The Newsletters, or any of our services.

EquitiesResearch.com, its officers and employees may buy and sell any position in the securities or companies mentioned herein.
Content copyright 2010-2013. Equities Research LLC. All rights reserved

Wednesday, May 22, 2013

8 X 8 (NASDAQ: EGHT) Reports Tonight

(on May 23,2013 Equities Research has updated this post to include FY2013 financials reported on the evening of May 22,2013. Updated report can be found here :
http://newsgrade.blogspot.com/2013/05/8-x-8-reports-318-million-in.html )

8 X 8 Inc. (NASDAQ: EGHT) reports tonight after the market closes.
Equities Research is Bullish based on the Operational Cash Flow growth over the last 12 quarters. 
click here to enlarge



5/22/2013

8 X 8, Inc. (NASDAQ: EGHT) closed yesterday @ $7.56. Stockdiagnostics upgraded EGHT @ $1.40 on August 9,2010 after the company reported FY2010 1st quarter financials for the period ending June 30,2010.  Since the upgrade 33 months ago, shares have appreciated 437%.
c<lick to EGHT Stockdiagnostics OPS chart 5 year
 

<click to EGHT Stockdiagnostics OPS chart
<click to EGHT GFNN news story 

<<Equities Research February 2013Newsletter 

click to EquitiesResearch.com Archives for EGHT


Stockdiagnostics the Utility!
Professional investors understand that due diligence is vital when making a sound investment. Insurance companies, mutual funds, pension funds and money managers, of all types, including independent individuals rely on research. Time, education and relevant experience are crucial elements to becoming a profitable investor.
Profitable investors possess the resources necessary to filter through the bullish and bearish sides of all trades through the use of different Brokerage Coverage, Research Firms, Investment News' Services, Technical Analysis and most importantly, Quarterly Financial Audit statements filed with the Securities & Exchange Commission.
To make a sound investment, all spectrums of the financial markets from Bonds, Commodities, Real Estate and Equities should be taken into account. The most challenging aspect of managing money is dedicating valuable time to properly make and manage great investments. (note: it's not only entering a trade that is challenging, but it is just as, if not, more challenging to monitor and exit a trade)
The purpose of EQUITIES RESEARCH is to support investment professionals by helping them save time and money, reduce investment risk and increase returns based on thorough, objective fundamental analysis using the Stockdiagnostics.com research tool. (which in itself is very time consuming).
Our Philosophy is a long term, buy and hold approach.
Prior to the due diligence phase, the investor should first start with the fundamentals. ALL our research is based on trailing numbers (financials), and there can be no guarantee of future performance. On the Buy Side, we focus on companies with sound growth, trading at a discount to Cash Flow. Overvalued stocks, with declining growth, trading at premiums to cash flow are flagged on the Sell Side.

Simply put, your day should start with your Equities Research Newsletter. Before you consult the brokerage research, news story sites, research sites and media reports, IT WOULD BE MOST ADVANTAGEOUS TO YOUR SUCCESS if you Just Start with the Equities Research Newsletter and find The Healthiest and Unhealthiest Stocks of the Universe

100% OBJECTIVE .....
Just the Numbers

Tom Renna 908-477-4796
Timely analytical disclosureGet there before the herd,
Know the Quality of the Numbers


Disclaimer.
All Newsletters, published by Equities Research, LLC , does not constitute a recommendation by Equities Research, LLC to buy, sell, hold any security, or to follow any particular trading or investment strategy. Also, the information provided should not be construed as an offer, or a solicitation of an offer, to buy or sell securities. An investor's best course of action must be based upon individual circumstances. EquitiesResearch.com shall not be liable for any damages or costs of any type arising out of or in any way connected with your use of The Newsletters, or any of our services.

EquitiesResearch.com, its officers and employees may buy and sell any position in the securities or companies mentioned herein.
Content copyright 2010-2013. Equities Research LLC. All rights reserved

Thursday, May 16, 2013

March Newsletter Performance 9 out 10 Picks " In The Money"


March Newsletter UP 22% in 9 weeks vs S&P500 index of 7%

Equities Research


March 8,2013

Newsletter Picks (subscription Service)

Best Pick on the long side is Web.com (NASDAQ: WWWW)
(click ticker to view Stockdiagnostics upgrade charts and performance)

Long Picks
TICKER
PRICE
First Solar,Inc
$26.10
Rosetta Stone,Inc
RST
$13.26
Barnes & Nobles
BKS
$16.56
Stewart Information
STC
$25.26
Staples, Inc
SPLS
$12.76
AutoZone, Inc
AZO
$381.52
Web.com
WWWW
$17.32
Fonar Corp
FONR
$6.17



Short Picks
Ticker
PRICE
Titan Machinery, Inc
TITN
$29.03
NetFlix, Inc.
NFLX
$181.56

Closing prices on May 15,2013 (9 week return)
FSLR  $50.07 up 92%
RST $16.96  up 28%
BKS $20.35 up 23%
STC $29.56  up 17%
SPLS $14.45 up 13%
AZO $418.28 up 10%
WWWW $20.13 up 16%
FONR $7.46 up 21%

TITN $22.96 +26.44%
NFLX $243.40 –25%


Disclaimer.
All Newsletters, published by
Equities Research, LLC , does not constitute a recommendation by Equities Research, LLC to buy, sell, hold any security, or to follow any particular trading or investment strategy. Also, the information provided should not be construed as an offer, or a solicitation of an offer, to buy or sell securities. An investor's best course of action must be based upon individual circumstances. EquitiesResearch.com shall not be liable for any damages or costs of any type arising out of or in any way connected with your use of The Newsletters, or any of our services.
EquitiesResearch.com, its officers and employees may buy and sell any position in the securities or companies mentioned herein.
Content copyright 2010-2013. Equities Research LLC. All rights reserved




to order a newsletter , click link below:

http://www.equitiesresearch.com/page.asp?ID=3534

Friday, February 1, 2013

October 2007 Peak Stock Pick (Acquired by Home Depot)

With the Markets Reaching 5 year highs I circled back today to find out what I said in October 2007.

In October 2007 I was able to find an undervalued stock at the market highs that I picked in my weekly newsletter. US HOMES Systems would get acquired in less than 4 years by Home Depot for an 80% return while the S&P 500 index declined 7.8% over  the same period.

October 23,2007 Pick :U.S.Home Systems $6.93
October 12,2012 USHS Acquired by Home Depot for $12.50 cash

Equities Research Archives USHS



click to Equities Research favorite stock YAHOO (NASDAQ:YHOO)




top 2012 Warnings:


Chipotle Mexican Grill decline 47%


Under Armour decline 14%

July 11,2012 low $45.27

APPLE 24% decline 3 months

January 25,2013 low $440





Don't know what to do with Market at a 5 year high?   

My February 2012 Newsletter is ready, subscribe now! 

 Take my fundamental work and use your technical skills to build positions for the long term.




Thursday, October 18, 2012

Monday, September 10, 2012

Titan Reports, Misses, Cuts, ....Drops

Titan Machinery (TITN) an Equities Reearch warning from last week reported numbers this morning (except for it's statement of cash flow) and stock is down 20% under $20 in early trading.

Friday, August 24, 2012

Weakening Cash Flow at DICK'S & TITAN

Equities Research issued two new Warnings this week.

Dick's Sporting Goods, Inc (NYSE: DKS) filed their 2nd Quarter financials this morning with the Securities & Exchange Commision and reported an Operational Cash Flow decline of 46% for the first 6 months of FY2012 vs. same period FY2011.
Equities Research also believes that this weakness could negatively effect Under Armour (NYSE: UA).
Equities Research continues to recommend Under Armour as a STRONG SELL since June 11,2012.


Titan Machinery (NASDAQ: TITN). 
Equities Research issued a Strong Sell on the stock earlier this week. TITN has generated negative $300 million in operational cash for it's trailing 14 quarters and trades at a $500 million market capitalization.

Wednesday, August 15, 2012

Follow Insiders At Under Armour and SELL

originally published at Equities Research

August 14,2012
Under Armour
(NYSE: UA) traded less than 1 million shares for the second consecutive day and closed yesterday @ $56.42. Since the company reported 2nd quarter financials on July 24th the stock is 16.62% higher. Increasing its market capitalization by nearly $900 million to $5.89 Billion. (Under Armour traded at an all time high on August 7th @ $58.48.)

Under Armour is on my radar as a prime Short
  • The company reported an increase in sales of $78 million while only adding a mere $427,000 in net income
  • For 6 months 2012 the company increased sales by $149 million and only increased comprehensive net income by less than $900,000.
  • The company has generated NEGATIVE FREE CASH FLOW for its trailing twelve months
  • Operational Cash Flow for the prior 3 years (2009,2010,2011) has declined from $119 million to $50 million to $15million,respectively.
  • Accounts Payable increased by $50 million vs. 1st Quarter
  • Accrued Expenses increased by $19 million vs. 1st Quarter
  • Total Liabilities (all current) increased by $69 million vs. the 1st Quarter
  • Stockholders Equity increased by only $15 million vs. the 1st Quarter

Read : "Under Armour Special Effects" to learn more.
  • The dilemma that Under Armour faces is that it only has $143 million in cash. That is not enough to pay off its Accounts Payable of $146 million and its current portion due of $42 million of its long term debt that was moved to its Current Liabilities section of its Balance Sheet in its first quarter ended March 31, 2012.

Below is a table from Yahoo finance showing daily volume with stock prices since company reported 2nd quarter financials on July 24th.

Prices

DateOpenHighLowCloseVolumeAdj Close*
Aug 14, 201257.1857.2356.2456.42888,00056.42
Aug 13, 201256.7257.0055.8256.88741,60056.88
Aug 10, 201256.9657.6056.2156.761,190,60056.76
Aug 9, 201256.8457.8056.7257.351,008,10057.35
Aug 8, 201256.4057.2256.2756.691,124,40056.69
Aug 7, 201257.9758.4856.5756.752,105,20056.75
Aug 6, 201256.1057.7355.9257.672,311,80057.67
Aug 3, 201255.1156.4054.9956.111,683,90056.11
Aug 2, 201253.3954.7953.0254.111,432,80054.11
Aug 1, 201254.9455.1053.5053.501,634,40053.50
Jul 31, 201254.9955.2053.9454.441,551,80054.44
Jul 30, 201255.1855.9054.7555.411,478,20055.41
Jul 27, 201255.4855.9954.7455.142,080,60055.14
Jul 26, 201254.8855.9554.7455.312,366,70055.31
Jul 25, 201253.0254.6152.8353.923,349,60053.92
Jul 24, 201251.7055.0051.7052.7910,197,10052.79
Jul 23, 201248.5949.2947.3348.382,906,90048.38



Use the below headlines from Dow Jones, Edgar Online, Flyonthewall and Knobias to see Insider Activity.
08/14/2012 22:54 ETDJ CFO DICKERSON Registers 5,000 Of UNDER ARMOUR INC >UA - Dow Jones
08/14/2012 17:11 ETUA: New Form 4 Filed, Change in Beneficial Ownership - Edgar
08/14/2012 17:11 ETDJ CFO DICKERSON Sells 5,000 Of UNDER ARMOUR INC >UA - Dow Jones
08/14/2012 16:19 ETUA: Filed New Form 8-K, Material Event Disclosure - Edgar
08/10/2012 22:40 ETDJ Holder CUPID FOUNDATION Registers 30,000 Of UNDER ARMOUR INC >UA - Dow Jones
08/10/2012 22:39 ETDJ Holder JSP 2009 GRAT Registers 38,964 Of UNDER ARMOUR INC >UA - Dow Jones
08/10/2012 22:38 ETDJ VP PLANK Registers 125,000 Of UNDER ARMOUR INC >UA - Dow Jones
08/10/2012 22:38 ETDJ Holder JSDM FAMILY LLC Registers 25,000 Of UNDER ARMOUR INC >UA - Dow Jones
08/10/2012 22:37 ETDJ Chmn PLANK Registers 240,000 Of UNDER ARMOUR INC >UA - Dow Jones
08/10/2012 22:35 ETDJ Holder JS PLANK & DM DICARLO FOUNDATION Registers 12,500 Of UNDER ARMOUR >UA - Dow Jones
08/10/2012 22:35 ETDJ Holder KD PLANK LLC Registers 15,000 Of UNDER ARMOUR INC >UA - Dow Jones
08/09/2012 10:34 ETDJ MARKET TALK: Under Armour's Footwear Showing Strong Stride - Dow Jones
08/08/2012 22:33 ETDJ Holder KD PLANK II LLC Registers 15,000 Of UNDER ARMOUR INC >UA - Dow Jones
08/07/2012 18:38 ETDJ VP PLANK Sells 83,082 Of UNDER ARMOUR INC >UA - Dow Jones
08/07/2012 18:36 ETUA: New Form 4 Filed, Change in Beneficial Ownership - Edgar
08/06/2012 06:03 ETUA: Filed New Form 10-Q, Quarterly Report - Edgar
08/02/2012 20:22 ETDJ Chmn PLANK Sells 38,178 Of UNDER ARMOUR INC >UA - Dow Jones
08/02/2012 20:20 ETUA: New Form 4 Filed, Change in Beneficial Ownership - Edgar
08/02/2012 19:38 ETDJ VP PLANK Sells 105,882 Of UNDER ARMOUR INC >UA - Dow Jones
08/02/2012 19:36 ETUA: New Form 4 Filed, Change in Beneficial Ownership - Edgar
08/02/2012 19:34 ETDJ Chmn PLANK Sells 231,822 Of UNDER ARMOUR INC >UA - Dow Jones
08/02/2012 19:31 ETUA: New Form 4 Filed, Change in Beneficial Ownership - Edgar
08/02/2012 12:25 ETBofA/Merrill's global retail team holds an analyst/industry conference call - theflyonthewall.com
08/02/2012 05:55 ETBofA/Merrill's global retail team holds an analyst/industry conference call - theflyonthewall.com
07/31/2012 22:52 ETDJ VP MIRCHIN Registers 15,000 Of UNDER ARMOUR INC >UA - Dow Jones
07/31/2012 15:45 ET*DJ Under Armour (UA) Mkt On Close Buy Imbalance: Shrs 88800 - Dow Jones
07/31/2012 09:48 ETBofA/Merrill's global retail team holds an analyst/industry conference call - theflyonthewall.com
07/30/2012 15:21 ETUnder Armour's Special Effects - Knobias
07/27/2012 17:11 ETDJ VP MIRCHIN Sells 15,000 Of UNDER ARMOUR INC >UA - Dow Jones
07/27/2012 17:11 ETUA: New Form 4 Filed, Change in Beneficial Ownership - Edgar
07/27/2012 17:06 ETUA: New Form 4 Filed, Change in Beneficial Ownership - Edgar
07/27/2012 17:06 ETDJ Dir COLTHARP Sells 15,000 Of UNDER ARMOUR INC >UA - Dow Jones
07/25/2012 08:01 ETUnder Armour's 2H athletic outlook looks solid, says UBS - theflyonthewall.com
07/24/2012 18:13 ETDJ US HOT STOCKS: MetroPCS, Ryder, Sanmina-SCI, Under Armour -2- - Dow Jones
07/24/2012 16:14 ETStocks Ende Lower But Cut Losses Late After Fed Says Action May Be Coming Soon - Knobias
07/24/2012 16:00 ETKnobias Sector Commentary - Knobias
07/24/2012 15:54 ETUnder Armour Uses Special Effects to Puff UP its Financial Performance and Share Price - Knobias


-----Tom Renna , Equities Research LLC. , tom@equitiesresearch.com ,908-477-4796