Alloy Steel International (OTC BB: AYSI.OB) filed its 10-Q today. Earnings for the quarter were ~8.7 cents. Prior to this, the company’s highest quarterly earnings were the 6.8 cents it reported in Q2 of 2008.
That today’s earnings would beat the previous record wasn’t a surprise after the company announced record revenue and pre-tax profits [...]
I was going to blog about this last night, but I was too beat:
AP: BHP Billiton profit more than doubles to $6.1 bln. From the article:
The company said global economic conditions had improved over the past six months, as the United States and Europe lifted industrial output from previously depressed levels and China returned to [...]
“That” being shorting Brigham Exploration Co. (Nasdaq: BEXP) at $13.11 on 1/28. As I mentioned at the time, shorting BEXP was sort of a pairs trade in that I was already long U.S. Energy Corp (Nasdaq: USEG), which is participating in a series of oil wells with BEXP in the Bakken formation. After the close [...]
Taking advantage of the up day today, I placed limit orders for puts on a couple of stocks with Altman scores in the distress zone. One of those orders got filled today: I picked up a few contracts of the $5 strike AUG 10 puts on Republic Airways Holdings (Nasdaq: RJET) for $0.85 each.
“Value Micro” asks questions about ROIAK and BAGL. I take stabs at answering them.
There are few stocks that I haven’t blogged about in a while. These aren’t big positions for me and they don’t interest me much now. They aren’t conviction picks for me now, just stocks I bought a few years ago and I had mostly held onto1 since then. I went through my accounts late Wednesday [...]
On or about February 18th, we’re going to raise the membership fees on both Short Screen and Portfolio Armor; we’re doing some analysis now to determine the exact amounts of the increases. Current members of the sites will be grandfathered and will continue to pay the current membership fees, for as long as they remain [...]