Peanut's Potent Plethora of Profit

[peanuts]

I understand the importance of finding next decade's winners, that's the ultimate challenge (along those lines, I've owned wsdt for over a year now, before it was wsdt and think it could be a big winner). I appreciate your analysis and don't discount it. Keep 'em coming.

WSDT - I am assuming that this is Dr. Siegel's Co.?

Why is it on the pink sheets?

[spikefader]

..up 14.5% in 3 months!!!!

Huge. Congrats!

Might want to re-check that gut of yours. Look what little ol' WHT has done:

And that was after it was just a teeny-tiny $24.32 million mkt cap company when I mentioned it to you only a month ago in THIS POST

In the past 2 years, I have successfully invested in about 50 small to micro cap companies (among other investments). Very few times are the technicals a major factor in my decision to buy. WHT was an exception, but MVCO is not. MVCO is a fundamental play, and I have the opinion that the fundamentals can and should support a higher mkt cap. I've tried to trade MVCO thru technical indicators, and it just isn't working as well as if I had just bought and held. I think MVCO's story is about revenue growth, Tat, not the price of the shares. Check out the share structure, and you'll see why the price can be supported.

I understand the importance of finding next decade's winners, that's the ultimate challenge (along those lines, I've owned wsdt for over a year now, before it was wsdt and think it could be a big winner). I appreciate your analysis and don't discount it. Keep 'em coming.

[peanuts]

PSI update

Here's what the first quarter looked like for the Peanuts Steel Index:

basket of 52 equally-weighted stocks is up 14.5% in 3 months!!!!

[peanuts]

Its funny, but I somehow view a stock with that market cap not being able to support that high a price...just a gut reaction.

Might want to re-check that gut of yours. Look what little ol' WHT has done:

And that was after it was just a teeny-tiny $24.32 million mkt cap company when I mentioned it to you only a month ago in THIS POST

In the past 2 years, I have successfully invested in about 50 small to micro cap companies (among other investments). Very few times are the technicals a major factor in my decision to buy. WHT was an exception, but MVCO is not. MVCO is a fundamental play, and I have the opinion that the fundamentals can and should support a higher mkt cap. I've tried to trade MVCO thru technical indicators, and it just isn't working as well as if I had just bought and held. I think MVCO's story is about revenue growth, Tat, not the price of the shares. Check out the share structure, and you'll see why the price can be supported.

Meadow Valley Construction Company, ticker MVCO, The current Market Capitalization of MVCO is only 65 million, and RMX mkt cap is 45.87 million.

Anyone else see some value here? Or, are there underlying issues which suggest problems ahead, and a stagnant or even declining PPS?

Thanks for any feedback

Its funny, but I somehow view a stock with that market cap not being able to support that high a price...just a gut reaction.

[peanuts]

Peanuts.... Have not heard you talk about it in several weeks, are you still holding NGA?.... Came up on one of my searches just now. Ain't lookin' too bad imo....

Well, actually, I was trading the dark side on NGA not too long ago. It's been off of my radar screens ever since, and also because of the poor guidance given by a top competitor, AZZ.

I remember the earnings being outstanding before, and the stock dropping to the dismay of many investors. I can imagine them getting out of the stock at their break-even points, so another HUGE launch will need alot of volume, or else there needs to be a major shake-out of the loose hands.

This is a nicely sized growth company in an industry that is expected to see increasing zinc costs. The demand for their products should expand along with the reconstruction, refurbishing, and expansion of the North American electricity infrastructure anticipated over the next 6 years. Their core business is hot-dip galvanizing and if they can pass on the future costs to their customers, then the EPS should continue to grow. The highest growth in EPS may have already happened, but declining growth is growth nonetheless.

Unexpected swings in earnings will be possible. In the past, it has been caused by fluctuations in zinc prices and NGA's ability to properly hedge their zinc costs along with thier ability to pass the rising costs onto their customers. This has made, and most likely will continue to make this stock a prime target for some high speculation when earnings are reported for both AZZ and NGA.

The recent movement in NGA has been very bullish. If the resistance can be taken out, I think it has potential to make another run higher:

[billyjoe]

Lyehopper,
NGA does look very interesting especially with their dynamite last earnings report. If that can't move it, nothing will.

----------billyjoe

[Lyehopper]

Nga....

Peanuts.... Have not heard you talk about it in several weeks, are you still holding NGA?.... Came up on one of my searches just now. Ain't lookin' too bad imo....

[peanuts]

Old favorite of mine

Meadow Valley Construction Company, ticker MVCO, has been seeing growth in the Las Vegas and Phoenix metro areas even when housing seems to be slowing. They are profitable and continually increase their bonding limits which in turn helps them to bid on larger, more stable projects. They have lawsuit settlements coming their way from past business. Some other folks are expecting settlement in 2007, but I don't know squat about the timing of this. They have been announcing new contracts on a fairly consistent basis throughout the past year. They currently have a 51% controlling interest in RMX.

Here's the daily:

And the weekly:

I'm not saying to go out and buy it first thing on Monday, but it may be one to watch, or even tuck away for a while in hopes of a take-over by much larger public firms, or even a private equity buy-out. There are some current shareholder issues to be aware of regarding CD Capital Management's current assessment of MVCO's market valuation and the recent poison-pill arrangement. Here's an interesting presentation from CD Capital: http://www.sec.gov/Archives/edgar/da...1670/file3.htm

The current Market Capitalization of MVCO is only 65 million, and RMX mkt cap is 45.87 million.

Anyone else see some value here? Or, are there underlying issues which suggest problems ahead, and a stagnant or even declining PPS?

Thanks for any feedback

[peanuts]

Okay, so steel was flat this week. What about your forecast for the next month? X is bullish to $137, so the PnF chart.

I'm having a hard time looking at the chart and determining a price target for X anywhere near the PnF chart target. At least, not in the near term.

I'm bullish on X, but I would not be an enthusiastic long, here. I made up a quick chart, and maybe it won't make sense to anyone, but this is what I see:

When comparing the above chart with the chart of the PSI. I am seeing some support just below these current levels, but if that support is broken, the shaded area doesn't offer any kind of price-volume support until $72. You can see the very bullish move made in the time period of Jan 22 to Feb 10 on both charts. That price range may need more volume pumped into it before it can be relied upon for definite support.

[New-born baby]

Okay, so steel was flat this week. What about your forecast for the next month? X is bullish to $137, so the PnF chart.

[New-born baby]

Two ears, but the mouth works well, too.

FYI: the average man speaks 20,000 words per day.
The average woman speaks 30,000 words per day.
20% of an average adult's waking moments are spent talking.
The average man, when he arrives home after a day's work, has already spent his 20,000 words/day. When the average husband arrives home, his average wife is just beginning to expend her 30,000 words/day.

[peanuts]

March 16, 2007 update

[peanuts]

PSI update (sorry its so big)

If you own Steel, you might want to know this, so I figured that I would post what happened to the PSI:

Daily worksheet:


Daily Chart:


Components: (every steel stock was red)