HURC Sold ==> That makes 11 Winners in a row!

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  • mrmarket
    Administrator
    • Sep 2003
    • 5971

    HURC Sold ==> That makes 11 Winners in a row!

    Today I sold HURC at 16.26. That’s a 16.6% gain over my purchase price of 13.94. That’s a 16.6% gain in only 8 weeks. That’s an annualized gain of 108%...wow! WOW!! WOW!!!

    Not impressed? Over the same period the S&P 500 was DOWN by 4.7%. That’s right…you couldn’t make money in cash, you couldn’t make money on an index fund but you could make money if you did what $$$MR. MARKET$$$ did…did you? YOU? YOU??!!

    That’s 11 consecutive profitable trades of 15% or better… Can’t LOSE! Can’t LOSE!!! I am HUGE!! Bring me your finest meats and cheeses.

    Make me want to bust a rhyme:

    Well some of you bought and sold your HURC
    If you did, you were a winner without much work
    Now you can buy tickets to Soleil of Cirque
    I used to be employed in a store as a checkout clerk
    At Mediterranean Imports when I was a young turk
    A guy on my wrestling team was named Billy Burke
    The bad news in the market to some it may irk
    I look at all the declines with merely a smirk
    Nothing at all like the Doomsday Machine and Captain Kirk
    You could have bought Zocor from a company named Merck
    It hurt my back more than a 300 lb clean and jerk
    All you people reading this mail, please don’t lurk
    Let’s hear how you love $$$MR. MARKET$$$ it’s a free perk!

    I think the market is beginning to want to go up. It is shaking off bad news a lot better than it did 6 months ago. This means that there will be LOTS of momentum stocks at very good values over the next few months. It’s prime fishing time for $$$MR. MARKET$$$.

    Do you want to participate in these winners? You want to hear my next few picks? I am incredibly generous and amazingly handsome. I offer you free stock picks. FREE! That’s cheap. Zero….free…You want another pick?


    I am HUGE!

    $$$MR. MARKET$$$

    ================================================== ========

    HURC and LOGI ===> Two Xmas Bargains from $$$MR. MARKET$$$

    It’s time to go Christmas shopping and boy did I find two great stocks that are on sale. Since there isn’t any momentum in the overall market, I felt that I could be a little more successful picking stocks that are oversold. So far it has worked out pretty well. I have been concentrating on stocks that have sold off more than 40% from their highs while still maintaining impressive revenue and earnings growth while carrying zero debt. I am not Bernard Madoff. He can’t bench press 385 lbs. If he ripped me off, I would snap his neck like a chicken. He is not HUGE.

    The first stock I bought is HURC – Hurco Companies.

    • HURC stock price is down over 62% so far in the last 52 weeks (it’s traded as high as 52.12) and was oversold by 30% relative to overall market (so it’s on sale).
    • HURC has a P/E value of 4.0.
    • HURC has cash on the books of $5/share. So the entire business is being valued at only a little more than $8/share.
    • HURC has zero debt.
    • Profit margin is 10%
    • Operating margin is 16%
    • ROA is 13%
    • ROE is 20%
    • EPS growth is 7.4%
    • Revenue growth is 19%
    • Book value is $19/share…HURC is trading at a big discount to book value!

    Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools and integrated computer control systems and software products to companies in the metal working industry worldwide. Its products include general purpose computerized machine tools, which primarily include vertical machining centers and turning centers for the metal cutting industry. The company also produces computer control systems and related software for press brake applications that are sold as retrofit control systems. In addition, Hurco Companies produces and distributes software options, control upgrades, hardware accessories, and replacement parts for its machine tool product lines, as well as provides operator training and support services to its customers.

    HURC’s market cap is only $89,000,000. So it is a likely takeover candidate if its stock price doesn’t go up soon (especially with all the cash on its books). There isn’t much not to like about Hurco other than the fact that it doesn’t pay a dividend.

    I bought HURC today at 13.94. I will sell it in 4-6 weeks at $16.18. Don’t believe me? Here’s what the boss had to say:

    Michael Doar, Chief Executive Officer, stated, ``We are pleased that, even with the sudden sharp decline in sales during the fourth quarter, our results for fiscal 2008 set another record for Hurco, with revenues growing 19% to $223,994,000 and earnings growing 8% to $22,520,000 compared to the prior year. We significantly expanded our product line in 2008 with the introduction of 14 new models at IMTS in September. We believe that these products will allow us to gain a larger share of the machine tool market and extend our customer base when global economic conditions begin to improve.



    There is no question that we are significantly impacted by the worsening global economic crisis, as evidenced by the 27% decline in global orders during the fourth quarter. However, we believe that we are well positioned to weather the downturn due to our broad product line and strong financial position. At the end of the year we had cash, cash equivalents and investments of $33,068,000 and no outstanding debt. In addition, we have already taken steps to reduce expenses and inventory levels to reflect lower demand. Our customers are facing significant challenges as the financial crisis has spread to the manufacturing sector. We will continue to focus on the three key areas that have been our emphasis since 2001: customers, profitability and core competencies, which include software automation, efficient manufacturing and global sales distribution.
    Last edited by mrmarket; 03-13-2009, 01:53 PM.
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$
  • New-born baby
    Senior Member
    • Apr 2004
    • 6095

    #2
    HURC has more upside just yet. Nice chart! Congrats to the HUGE one~
    pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

    Comment

    • Lyehopper
      Senior Member
      • Jan 2004
      • 3678

      #3
      Nice one Mr Market!

      Mr. Market is HUGE!.... and a better stock picker than he is a rapper.
      needs NO toilet paper 'cause he reads IBD when he visits the crapper....
      BEEF!... it's whats for dinner!

      Comment

      • jiesen
        Senior Member
        • Sep 2003
        • 5319

        #4
        Yes! Keep the hot picks comin', $$MM, you know we can't get enough...

        Congrats on winner #11, and let's see this streak last until at least #111!!!
        $$Mr Market$$ is HUUUUUUUUGE!

        Comment

        • Jimlakeside
          Junior Member
          • Jan 2005
          • 17

          #5
          Way to go Mr. Market and thanks!! Keep picking them!!

          Comment

          • Adam
            Senior Member
            • Oct 2005
            • 201

            #6
            Way the go on another big pick by the "HUGE ONE"!

            Comment

            • wooish
              Senior Member
              • Dec 2008
              • 499

              #7
              Congrats. Everyone's winner

              Comment

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