* COMPANY MAKES SPECIALIZED STENTS AND ARTIFICIAL VEINS
* SHARES HAVE HIT ALL TIME LOW OF 11 CENTS IN 1ST QUARTER 09
Astoria, New York
Shares of ASB have been put on the alert list by microcapstock.blogspot.com after Friday's 12 cent gain. The stock closed at 34 cents in moderate trading of almost 32,000 shares. It had volume of more than 163,000 the previous day. " Something is clearly going on , and more evaluation needs to be done". The stock has tripled since the all time low of 11 cents and that was a good price for short term bottom fishers. ASB ( AdvanSource Biomaterials Corp) is a medical technology company. The real economist (www.realeconomist.blogspot.com) announced last month that spring rallies on micro caps were possible. In other news, the bulls pushed the Dow above 8,000 again after a late week rally. The battle for Dow 8000 has raged for about 5 weeks.
Sunday, April 26, 2009
Monday, April 20, 2009
AT MICROCAPSTOCK.BLOGSPOT, A SPECULATIVE BUY RATING ON GVSS, 4 MONTH CONSERVATIVE TARGET OF 45 CENTS
* SHARES HAVE GONE THROUGH CONSOLIDATION IN THE 20 CENT RANGE
* SEES MORE THAN 50 PERCENT INCREASE IN VALUE IN NEXT 4 MONTHS
Astoria, New York
Shares of GVSS were put on a Speculative Buy List after a closing price of 25 cents on Friday. An announced buyback, back in December, could be implemented or has been implemented as shares have consolidated in the 19-30 cent range the in last 3 months. There are at least 28 million shares outstanding ( this could be one of the issues holding back the stock ) and 5 million plus options exercisable from 20 cents and up. In the last reporting 12 months, the company announced about 47 million in sales and more than 1 million in net profits. This satisfied Wells Fargo requirement for a 50 bassis point lowering of the credit line interest rate. Recently, a large investor has increased his position to more than 12 percent of the outstanding shares. The buy rating will be in effect until the stock reaches 30 cents. At above that price, it will automatically change to Attractive. Please read the full disclosure on this web blogspot site and news regarding this company. Please consult with your investment adviser.
* SEES MORE THAN 50 PERCENT INCREASE IN VALUE IN NEXT 4 MONTHS
Astoria, New York
Shares of GVSS were put on a Speculative Buy List after a closing price of 25 cents on Friday. An announced buyback, back in December, could be implemented or has been implemented as shares have consolidated in the 19-30 cent range the in last 3 months. There are at least 28 million shares outstanding ( this could be one of the issues holding back the stock ) and 5 million plus options exercisable from 20 cents and up. In the last reporting 12 months, the company announced about 47 million in sales and more than 1 million in net profits. This satisfied Wells Fargo requirement for a 50 bassis point lowering of the credit line interest rate. Recently, a large investor has increased his position to more than 12 percent of the outstanding shares. The buy rating will be in effect until the stock reaches 30 cents. At above that price, it will automatically change to Attractive. Please read the full disclosure on this web blogspot site and news regarding this company. Please consult with your investment adviser.
Sunday, April 19, 2009
DISCLOSURE
Release of Liability: Through use of this website viewing or using you agree to hold MICROCAPSTOCK.BLOGSPOT.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. (PLEASE REVIEW ALL DETAILS OF THIS DISCLOSURE IN THE BLOGSPOT'S FIRST BLOG OR IN THE SIDE VIEW)
Wednesday, April 1, 2009
SPRING FLING 2009: THE REAL ECONOMIST SEES POTENTIAL RALLY FOR MICRO CAPS
* TECHNICALS SHOW POSSIBILITY FOR SIGNIFICANT RALLIES IN SOME MICRO CAPS
Many micro caps have suffered from the global recession. Some more than others. Some have continued to show a profit in the midst of it. With GVSS, as an example, I am sure that some other micro caps could be found that have shown resistance to these bad times. They could be simple companies that have conservative management and that don't have creative financing.
Why a spring fling in 2009? The markets have tumbled significantly in the last 6 months. People have panicked and they unloaded their positions. Some companies have been wiped out. But some, even though they have been oversold, are lurking for potential action. In the case of GVSS, its initial investor has declared that he has increased his overall position in the company from less than 10 percent to more than 12 percent. The market liked the news better than other press releases of the last two weeks. I personally like to see profits and increasing book value because that is the signal that something or somebody could make the stock move in the positive direction. I am also against creative financing. I rather see the serious banks getting involved with credit lines. This spring is positioning itself in similarity to the spring of 1996. Back in 1996, we had mega rallies for many micro caps. We had significant moves in a short amount of time.
Many micro caps have suffered from the global recession. Some more than others. Some have continued to show a profit in the midst of it. With GVSS, as an example, I am sure that some other micro caps could be found that have shown resistance to these bad times. They could be simple companies that have conservative management and that don't have creative financing.
Why a spring fling in 2009? The markets have tumbled significantly in the last 6 months. People have panicked and they unloaded their positions. Some companies have been wiped out. But some, even though they have been oversold, are lurking for potential action. In the case of GVSS, its initial investor has declared that he has increased his overall position in the company from less than 10 percent to more than 12 percent. The market liked the news better than other press releases of the last two weeks. I personally like to see profits and increasing book value because that is the signal that something or somebody could make the stock move in the positive direction. I am also against creative financing. I rather see the serious banks getting involved with credit lines. This spring is positioning itself in similarity to the spring of 1996. Back in 1996, we had mega rallies for many micro caps. We had significant moves in a short amount of time.
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