Posted On: 02/13/2016 9:59:22 AM
Post# of 7769
Re: celtics2014 #7614
Interesting day yesterday. Started out where someone needed 120k shares sold .039 to .03. approx 4k in dollars. I bought few 25k at .03 and once that sale was complete the buyer took .0349 offer .0350 offer .038 offer and some at .039. I then noticed that same buyer etrafde stepping up at .0385 bid and buying as well. There is no doubt in my wind this is getting ready to move higher and out of the .035 to .039 range. I believe in the next 10 days or less .04 to .05 range a small step ladder approach. It's obvious there is someone accumulating the last 2 weeks of trading. Not every day but a pattern has been broken and you now see higher highs and higher lows. I believe this is a good opportunity to take advantage of the .03's as it appears they will be gone shortly imho.
I believe we will see some news in the next 10 days as q1 unaudited will come which is a known # more or less 8.9m and income 400k. Please keep in mind that net of 4% it will show in q1 was before they did their cost savings which went into effect q2. WE know Feb 28th 2015 they switched to in-house-billing and that would and should add 5% to the nets or the bottom line. We also know what the #s were for q2 approx 6.6m in revenues so the 1st part of the year was over 16m in revenues likely or in ballpark 700k in net income or .005 penny. I am fairly optimistic for the second half that the #s for q3 2015 and q4 2015 were better in terms of net income. Why??? Well in house billing should bump those #s up nicely.
The company themselves have stated profitable in 2015 and we were not issued a going concern, Granted it may not be an exciting business but it appears that despite the compounding industry slowdown we have stabilized and it looks like we are doing likely 2m to 2.5m area a month. We know that in fiscal year 2015 18 million in commissions. Likely at same rate approx 55% to 60% area. So deducement 30m to 33m. So if we did 4% net for q1 and q2 and cost cutting added 5% to that # for second half of the year we likely averaged 6.5% for the year. So 6.5% x 30m you get approx 1.8m net income.
I am using rough #s to be simple so all you mathematical people can just get a general idea. I believe nice upside from here.
I believe we will see some news in the next 10 days as q1 unaudited will come which is a known # more or less 8.9m and income 400k. Please keep in mind that net of 4% it will show in q1 was before they did their cost savings which went into effect q2. WE know Feb 28th 2015 they switched to in-house-billing and that would and should add 5% to the nets or the bottom line. We also know what the #s were for q2 approx 6.6m in revenues so the 1st part of the year was over 16m in revenues likely or in ballpark 700k in net income or .005 penny. I am fairly optimistic for the second half that the #s for q3 2015 and q4 2015 were better in terms of net income. Why??? Well in house billing should bump those #s up nicely.
The company themselves have stated profitable in 2015 and we were not issued a going concern, Granted it may not be an exciting business but it appears that despite the compounding industry slowdown we have stabilized and it looks like we are doing likely 2m to 2.5m area a month. We know that in fiscal year 2015 18 million in commissions. Likely at same rate approx 55% to 60% area. So deducement 30m to 33m. So if we did 4% net for q1 and q2 and cost cutting added 5% to that # for second half of the year we likely averaged 6.5% for the year. So 6.5% x 30m you get approx 1.8m net income.
I am using rough #s to be simple so all you mathematical people can just get a general idea. I believe nice upside from here.
(4)
(1)Scroll down for more posts ▼
