Running With The Shark

[IIC]

Yes..SGA is "Selling General Administrative" which is an expense. Usually as revenues grow, they should be able to grow at a rate that outpaces the SGA growth. If SGA grows with it, you aren't benefitting from any economies of scale, which usually leads me to believe that management is ineffective.

Or management is living high on the hog

[riverbabe]

I guess the evidence is in: Doug isn't subscribing to the "Reverend" and posting his recommends. Incredible. I was sure he was stealing from his lists . . . . lol.

I'd think the Reverend would do better to steal from Doug's lists . . . .

Totally agree with that! And there is no doubt about where Doug stands on this issue! lol.

[riverbabe]

Yes..SGA is "Selling General Administrative" which is an expense. Usually as revenues grow, they should be able to grow at a rate that outpaces the SGA growth. If SGA grows with it, you aren't benefitting from any economies of scale, which usually leads me to believe that management is ineffective.

Learn something new every day! Thank you Ernie. River

[mrmarket]

Ernie, I'm not sure what you mean by SGA. The only thing I could find was "Selling General Administrative." And it is growing year over year. Not sure what the implication of that is. Anyway, the stock pretty much bombed this week. River

P.S. Please see my post to Doug above. I'm going thru the Rev's (or Marko's) recommendations for next week's setups to see if there is any overlap with your latest dump.

Yes..SGA is "Selling General Administrative" which is an expense. Usually as revenues grow, they should be able to grow at a rate that outpaces the SGA growth. If SGA grows with it, you aren't benefitting from any economies of scale, which usually leads me to believe that management is ineffective.

[New-born baby]

P.S. Please see my post to Doug above. I'm going thru the Rev's (or Marko's) recommendations for next week's setups to see if there is any overlap with your latest dump.

I guess the evidence is in: Doug isn't subscribing to the "Reverend" and posting his recommends. Incredible. I was sure he was stealing from his lists . . . . lol.

I'd think the Reverend would do better to steal from Doug's lists . . . .

[riverbabe]

Too pricey for me...and why is the SGA growing so rapidly?

Ernie, I'm not sure what you mean by SGA. The only thing I could find was "Selling General Administrative." And it is growing year over year. Not sure what the implication of that is. Anyway, the stock pretty much bombed this week. River

P.S. Please see my post to Doug above. I'm going thru the Rev's (or Marko's) recommendations for next week's setups to see if there is any overlap with your latest dump.

[riverbabe]

Let me tell 'ya...I've been around the block more than a few times...There is enough FREE stuff on the Net to help an investor trade if they would just put in the time...99% of investors don't need to pay anything for good data...I personally pay for some stuff...I can afford it...But if I couldn't I would be able to get plenty of free stuff to aid my trading.

However, I only pay for info/data...There is NO NEED to pay for pix from anyone IMO

Agreed. To be fair, though, I'm going to track some of his recommendations for setups next week. I'm also going thru Ernie's latest data dump and your IIC100 & Cup w/Handles to see if there is any overlap. There appears to be somebody named "Marko" who is doing all the recommendations. There is little direct contact with Rev as far as I can see.

It's a 2-week free sub so there is a little time to evaluate. So far, I'm underimpressed with the caliber of people posting on his chat. Right now, they're mostly interested in planning a Shark Fest face-to-face for themselves in Orlando. From the level of teaching given by Marko, I get the feeling they're still in the need-hand-holding stages.

So far, what I see is there is so much more here at MrM and also at Spike's that is dynamic and professional (and free).

P.S. That other sub site I told you about is really paying off for me! Enough so that I am buying a quarter sub (at 1/2 price special) to see how it works out in the longer run. Hate to repeat myself, but it is really impressive! Different than what you offer however.

[IIC]

Duh!!! Have been in for two days. Very unimpressed! River

Let me tell 'ya...I've been around the block more than a few times...There is enough FREE stuff on the Net to help an investor trade if they would just put in the time...99% of investors don't need to pay anything for good data...I personally pay for some stuff...I can afford it...But if I couldn't I would be able to get plenty of free stuff to aid my trading.

However, I only pay for info/data...There is NO NEED to pay for pix from anyone IMO

[mrmarket]

According to Rev Shark, AGU his Stock of the Week, sold off with the broad market on below average volume. The stock is still holding above support but the resumption of momentum that he thought might occur is obviously not occuring. He will keep the stock on the radar screen and will consider a buy should the broader market improve and the stock start to show some strength once again.

Too pricey for me...and why is the SGA growing so rapidly?

[riverbabe]

two-week free trial to sharkinvesting.com. Promo code is “JAWS”.

Duh!!! Have been in for two days. Very unimpressed! River

[IIC]

two-week free trial to sharkinvesting.com. Promo code is “JAWS”.

[riverbabe]

river,
Ever do any work for CBLI? I read up on them while in the Clinic. One discovery away from greatness.

----------billyjoe

Actually no. When I started out I cold called on them but they weren't doing much in the way of research then. And the opportunity did not present itself later. So I haven't followed them. But now, since you mentioned them, I looked up the latest news and, WOW, that's quite a breakthrough! Thanks for mentioning it. River

[billyjoe]

river,
Ever do any work for CBLI? I read up on them while in the Clinic. One discovery away from greatness.

----------billyjoe

[riverbabe]

Tues. night AGU

According to Rev Shark, AGU his Stock of the Week, sold off with the broad market on below average volume. The stock is still holding above support but the resumption of momentum that he thought might occur is obviously not occuring. He will keep the stock on the radar screen and will consider a buy should the broader market improve and the stock start to show some strength once again.

[riverbabe]

Mon. night AGU

According to Rev Shark, AGU pulled back slighter on lower volume. But the technical pattern remains intact and he will give this trade further time to work. Riverbabe