There are few companies that are as hard to spell or pronounce as Susquehanna Bancshares (NASDAQ: SUSQ). Fortunately, stocks are traded by their ticker symbols and not their names so lucky for SUSQ. In any case, I am spotlighting SUSQ today for a variety of reasons. First, and most obvious, their stock went up 4.1% closing at $6.08 today. Secondly, their intrinsic value is high — a book value of $19.20 per share and ttm P/E of 36 [...]
It’s been a rough couple of days for financial stocks this week but I think there are still some hidden gems. Despite the negative sentiment towards anything financial-related today, there were a few bright spots — one of them called Intervest Bancshares (NASDAQ: IBCA). IBCA ended the day up 10% at $2.86 on almost 6x average volume [...]
September 22nd, 2009
Anand
Anand (9/27) : I can’t help but be nervous about this rally which is up 50% from the March lows. The price action an breadth has been astounding, but some danger signs still exist. The Chinese market is still consolidating and sitting on the 50 day moving average. RIMM ( a market leader) dumped 17% on Friday on massive volume. BRCM is breaking down on increasing volume. The Dow, Naz, and the Banking Index are all doing fine however, so we need to give the market the benefit of the doubt, even mine!!
I’ve had my eyes on CALC for a few days now and just noticed that it started to make a move today. California Coastal Communities (NASDAQ: CALC) ended the day at $1.70, up 13% on 6x average volume. I’ve been wondering when CALC will get some attention because it has a book value of $5.42 and yet, it trades at such a discount to book. Furthermore, the whole homebuilder sector has made a nice rally lately but CALC hasn’t made much of a move [...]
Another exciting week of trading comes to an end. For those of you who have been following regularly, almost all the stocks I mentioned in this month’s featured stock analysis closed higher from when I first covered them. This includes Pier One @ $2.78 (NYSE: PIR), Maguire Properties @ $1.33 (NYSE: MPG), CDC Corp @ $2.44 (NASDAQ: CHINA), ZIX Corp @ $2.18 (NASDAQ: ZIXI), E*Trade @ $1.66 (NASDAQ: ETFC), MGM Mirage @ $9.41 (NYSE: MGM), and NCTY @ $7.54 (NASDAQ: NCTY) [...]
Pier One Imports (NYSE: PIR) reported earnings that beat expectations today. They reported a net loss of $0.17 per share vs. $0.22 street consensus. It looks like things are finally turning around for Pier One. Sales are still weak but they have reduced SGA costs and improved operating margins significantly [...]
At today’s share price, Maguire Properties (NYSE: MPG) stock is priced for a bankruptcy. They closed at $1.33 per share which gives MPG a market cap of about $63 million. This means that the investors think MPG is completely worthless…why? Because MPG actually has more cash on hand than their market cap. Last reported, they had about $64 million cash on hand. That means, just with the cash they have, they can buy back everyone’s shares at today’s price and go private [...]
CDC Corp (NASDAQ: CHINA) stock rose 13.5% today without any news and on heavy volume (2.5x average vol). The stock was up another 5% in the prior trading session, also on higher than average volume. It makes you wonder what’s really going on. The only thing I can think of which might be driving up CDC Corp stock the last 2 days is the impending launch of Lord of the Rings Game in China [...]
CDC Corp (NASDAQ: CHINA) stock rose today despite weakness in the general market. The stock rose more than 5% on higher than average volume closing at $2.44. Just for the record, I own a ton of CDC Corp stock. I bought it a long time ago at a much higher price than now so keep that in mind when you read my analysis. In any case, there’s some pretty exciting developments happening at CDC Games, a division of CDC Corp [...]
I stumbled on an interesting company called ZIX (NASDAQ: ZIXI) today. They have a 5 star Caps Rating on Motley Fools which caught my eye. One of the reasons this stock has been getting some attention lately is due to Obama’s Health Care overhaul. It’s possible that ZIX’s PocketScript service will be used by major health care companies to deliver prescriptions online. The potential there is enormous [...]
