Jiesen tries to take over the world

[jiesen]

EZEN by the numbers

Thank you, Webs, for trying to help us. Here's a chart of it, and you'll see it
has pluses and minuses. This thing may not yet have found the bottom. My gut says she needs to form an inverted s/h/s.


Note that she filled the gap of 25 April 2005.
I am not sure this thing is fully ripe, although it is probably not too far away from being ready. I think it needs another couple of weeks.

Thanks again, Webs.

I'd give EZEN a thumbs up, fundamentally, from what I could see so far. What I like about it is that they've come back from losses a few years back to increasing profits lately, by paring down costs (oh yeah, and "look Ma, no long-term debt!"). The stock has picked up, too, as a result, and the momentum may help carry them on for the next few quarters at least. One thing I'd worry about is how much of a moat they could have, being in the business of teleconferencing hardware. Best to watch for shrinking profit margins with this one. But while the market is there, and they continue to make good profits doing it, I'd be happy owning stock in this company.

I also like that they can pull in $3M in revenues each quarter with just 35 employees (per Yahoo! maybe there are a few more since those figures tend to be quickly outdated). That, and the fact that they're looking to hire more tells me there's plenty of growth ahead for this company:

http://www.ezenia.com/careers.php

[jiesen]

Took the opportunity in today's market weakness to buy back half of my CMTL position (which I'd already sold for 15%) at a good discount here (32.2). I'll buy the other half back if it continues this slide to around 30. Also got my GFCI back for 0.41. Nothing has changed really since it was 0.80, and they've updated their production timeline to say that they're on schedule.... so as long as they earn 0.23-0.25 this year, like they're supposed to, then 0.41 has got to be a good value for this stock. I may pick up some more of this, also, if it drops to 0.35 or so, but for now I'm still keeping the position very small (<1%).

Finally, the news I've been waiting for came out for GFCI. I doubled up at 0.41 to about a 1% position. I have a near-term target of 0.69 for this, and long-term I'm thinking I can get .8-1.00. I expect earnings for this company to be 0.30-0.35/year going forward.

http://biz.yahoo.com/iw/050715/090935.html

Grifco Completes Production of 50 Jet Motors; Plans to Ship Within 5 Days
Friday July 15, 12:38 pm ET

HOUSTON, TX--(MARKET WIRE)--Jul 15, 2005 -- Grifco International, Inc. (Other OTC:GFCI.PK - News), a provider of oil and gas services equipment to the worldwide oil and gas industry, has completed production on its initial slate of fifty Jet Motor units and expects to begin shipping from its Texas facility within five days.

"Several of the major oil and gas companies, as well as large independents, have lined up to utilize this 'one of a kind' tool, knowing that a single Jet Motor will typically increase oil and gas production 15-25% per well, while saving money on workover costs," stated Jim Dial, President and CEO of Grifco International. "We anticipate that the rental units will be used continuously and repetitively by clients, shifting from well to well, for the life of the tool. The fifty Jet Motor units will generate approximately $2 million per month in rental fees with 75% utilization.


"As part of our quality assurance procedures, each tool will be tested on Monday and Tuesday at our test facility and we will begin shipping to our customers on Wednesday, July 20th," added Dial.

Coil Tubing Technology, Inc., a wholly owned subsidiary of Grifco International, Inc., produces the "Jet Motor," a proprietary product for the oilfield drilling and production workover industry. The oilwell workover industry has long desired a downhole drilling motor that can operate on coiled tubing workover units with fluid or nitrogen wells up to 600 degrees Fahrenheit to effectively clean paraffins, sodium carbonates and barium in tubular production strings.

The design concept behind the Jet Motor was to provide the industry with a rotationally driven tool, independent of the workstring, without elastomers, and able to produce sufficient horsepower. The tool needed to operate on fluid or nitrogen and the tool needed to supply sufficient jet velocity and impact force to the nozzle. The Jet Motor solves this riddle by creating horsepower by injection of the fluid or gas used through an offset orifice while converting the horsepower to torque with a control tube that maximizes the torque to the drive system and provides useable drilling torque to the bit. There is no other product available in the industry that can hydraulically clean, mechanically drill with torque, utilized in fluid or gas, and able to operate in 550 degree F hole conditions. The Jet Motor represents the leading edge of oilfield drilling technology that will revolutionize the way drilling and workover operations are conducted while greatly reducing the cost of workover to the well operator.

[New-born baby]

Jiesen, I need your help

Jiesen,
I like that GFCI.PK--would pick up some shares except Interactive Brokers says I cannot buy that stock via their firm. Have I got the correct symbol? Who is your brokerage firm?

[jiesen]

Jiesen,
I like that GFCI.PK--would pick up some shares except Interactive Brokers says I cannot buy that stock via their firm. Have I got the correct symbol? Who is your brokerage firm?

I have Scottrade, and they've no problem buying those shares for me.

[IIC]

Sometimes at Scottrade you cannot buy via the Net...you have to call. I found that out one time when I wanted to buy QBID.pk...5,000,000 shares at $.0001...I was too lazy to call... It was early Jan '04......the thing goes to $.02...even with the spreads I woulda made a bundle...$100k...Such is life

[Websman]

I'm starting to like GFCI.PK. I may have to pick up a few thousand shares on Monday.

[jiesen]

Ok, in short here are some ideas for low-dollar values:
My #1 holding and best rec (long term, though): LJPC
Quickest to profit, but riskiest: GFCI
Very stable, and great long-term value: DRUG
Controls $3B in revs with an $80M market cap: DRRA
Each should give great returns long-term, but whether next week will give a pop is anyone's guess. I'd say GFCI is the most likely to jump 20-30% in a week, but also the most likely to drop 20%. I hold all of these except DRRA (would have liked to get in at 3.50, but missed out on it)

Damn, now I'm REALLY wishing I had picked up that DRRA at 3.50! Even 4.50 would have been great:

http://finance.yahoo.com/q/bc?s=DRRA&t=3m&l=on&z=m&q=l&c=

By the way, what did your friend end up doing with the $$, NBB?

[Websman]

Damn, now I'm REALLY wishing I had picked up that DRRA at 3.50! Even 4.50 would have been great:

http://finance.yahoo.com/q/bc?s=DRRA&t=3m&l=on&z=m&q=l&c=

By the way, what did your friend end up doing with the $$, NBB?

You should still be able to get back in at about $5.30, if it fills the gap. It looks like it might possibly have a good run.

[jiesen]

Sold NGPS at 34.4

sold half of my NGPS at 19 today (cutting my losses from 20), decided to put it into the next $$MM pick instead.

Sold the rest of my NGPS today for about a 70% gain over 4 months. (guess it works out to more like 30% when you figure the 5% loss I took on half of the position). Still not too bad, eh? I still think this will go to 40, but it could still pull back to 20, so I'll take my chips off the table while I'm up, and maybe come back to this one when it's more attractively valued. In the meantime, I'll look to put the money into HANS or CMTL if they pull back, or the next HUGE $$MM pick.

[B.J]

Mucho congrats, Jiesen. Did you ever manage to get back into HANS?

[jiesen]

Mucho congrats, Jiesen. Did you ever manage to get back into HANS?

No, I was too stubborn on my $88-89 buy price, and let it get away from me today. I'll wait to see what it does next week, but if I can't get HANS, there are plenty of other fish in the sea...

AMLN is also at the top of my list right now, and if it pulls back another $1 or so, I may jump back in with both feet instead of just one.

[Websman]

Sold the rest of my NGPS today for about a 70% gain over 4 months. (guess it works out to more like 30% when you figure the 5% loss I took on half of the position). Still not too bad, eh? I still think this will go to 40, but it could still pull back to 20, so I'll take my chips off the table while I'm up, and maybe come back to this one when it's more attractively valued. In the meantime, I'll look to put the money into HANS or CMTL if they pull back, or the next HUGE $$MM pick.

Ahhh man, and it's just getting started. lol

Seriously though, congrats on the profits. Maybe we'll both get lucky and will be able to buy NGPS back at $20.

[B.J]

No, I was too stubborn on my $88-89 buy price, and let it get away from me today. I'll wait to see what it does next week, but if I can't get HANS, there are plenty of other fish in the sea...

AMLN is also at the top of my list right now, and if it pulls back another $1 or so, I may jump back in with both feet instead of just one.

Good plan! AMLN 200 DMA at 20.33. IMO that will be ideal.

[jiesen]

INSP, anyone?

http://finance.yahoo.com/q/bc?s=INSP...l=on&z=m&q=l&c=

This one popped back into view for me, anyone else see any possibilities with this one at $24? Of course the last time I bought this it was at around $900 (split adjusted). Good thing I took my 5% loss and moved on, eh?

[Websman]

http://finance.yahoo.com/q/bc?s=INSP...l=on&z=m&q=l&c=

This one popped back into view for me, anyone else see any possibilities with this one at $24? Of course the last time I bought this it was at around $900 (split adjusted). Good thing I took my 5% loss and moved on, eh?

Might be a possiblity. I'll have to research it this weekend.

I'm thinking that DHB might be a good buy, after the drop today.