Thursday, August 1, 2019

Adamis Pharmaceuticals (ADMP) Crashes

Adamis Pharmaceuticals (ADMP) needs more money, so they're floating more stock (dilution).
"[The company] is offering of 12,000,000 shares of its common stock and warrants to purchase up to 12,000,000 shares of its common stock. Each share of common stock is being sold together with a warrant to purchase one share of common stock for a combined public offering price of $1.00, resulting in gross proceeds of approximately $12,000,000, before deducting underwriting discounts and commissions and other estimated offering expenses payable by the company and excluding the proceeds from the exercise of any warrants. All shares of common stock and warrants to purchase common stock to be sold in the public offering are being sold by Adamis. The warrants will be exercisable commencing on the date of issuance, will expire five years from the date of issuance, and have an exercise price of $1.15 per share, subject to certain adjustments. The shares of common stock and warrants will be purchased together but will be issued separately and will be immediately separable upon issuance."

ADMP closed at $1.46 on 10 July 02019. At 8:14am MST on 1 August 02019 ADMP was at $0.97 (down +15% for the day).

16 days ago I bought some ADMP at $1.26. D'oh!

Wednesday, July 31, 2019

Trimble Navigation (TRMB) Drops Prior to Reporting Quarterly Results

Trimble Navigation (TRMB) was making new 52-week highs ($46.25) dfiuring the last few months, but today (31 July 02019) it is down ~4.7% at $42.33. The volume is maybe a bit more than average.

The company reports 2Q'02019 after the market closes in an hour. Hmm... Profit taking? Or do some "insiders" know something that us "outsiders" don't know?  Regardless, our TRMB investment is small (#20 out of 29) in the GDT::Portfolio) and the stock is a hold.

Friday, July 26, 2019

Alphabet (GOOG/GOOGL) Reports 2Q'02019 Results

Alphabet Inc. reported 2Q-02019 results yesterday (25 July 02019) when the markets closed.
Nutshell: Alphabet Inc. had a good 2nd-quarter.

GOOG closed yesterday at $1132.12. Today (26 July 02019) it opened at $1224.04; hit an intra-day high of $1265.55; and closed up 10.45% at $1250.41. Note: GOOG did not make a new 52-week high. Volume: 4.48M vs. 1.59M.

GOOGL was up 9.62% today, so it under-performed GOOG.

Alphabet's market value at the close on 26 July 02019 was $869.549 billion.

A limit order was placed to sell one GOOG share at 414 $Pi (i.e. $1300.62).

Twitter (TWTR) Reports 2Q'02019 Results

Twitter Inc. reported 2Q'02019 this morning (26 July 02019) before the markets opened. Nutshell: Twitter Inc. had a good 2nd-quarter of 02019.

TWTR closed yesterday at $38.12; opened today at $40.07; hit an intra-day high of $42.23 (a new 52-week high); and, closed at 9.65% at $41.80. Trading volume was 56M vs. an average of 12M. Note: TWTR closed well below its all-time high.

TWTR has been battling Vericel (VCEL) and First Solar (FSLR) for the 10th spot in the GDT::Portfolio and today ended with TWTR at #10.

Right now TWTR is a hold (not buying nor selling any TWTR).

Thursday, July 25, 2019

Facebook (FB) Reports 2Q'02019 Results

Facebook (FB) reported 2Q'02019 after the market closed yesterday (24 July 02019). I think they had a good quarter. Wall Street initially agreed, but then they started to contemplate the future for Facebook Inc.

FB closed yesterday (24 July 02019) at $204.66. It opened today at $206.70 and spiked to a new 52-week/all-time high of $208.65; however, it closed the day down 1.93% at $200.71.

During 2nd-quarter 02019, Facebook Inc. increased its headcount at a linear rate of 782 heads per month (or 2.14 heads per day).

Facebook Inc. ended 2nd-quarter 02019 with "cash & cash equivalents" of $48.6 billion.

Sadly, the U.S. Department of Justice is going to cause Facebook's cost of doing to increase as the company is going to have to spend money implementing and satisfying "compliance measures." I think Facebook's headcount is higher than it needs to be, so I think the company should tap the brakes when it comes to increasing its headcount.

I have a limit order to sell a tiny amount of FB at 67 $Pi (i.e. $210.49) even though it's possible that longer term FB has many new all-time highs ahead of it. A new mantra for the next few years: FB to $1000.

Wednesday, July 24, 2019

Mace Security International (MACE): Bought Some More Mace (MACE)

Via Finance! Yahoo... "Mace Security International Inc. Announces Additional Stock Purchases by Members of Board."

A long time ago I saw the following quote:  "Insiders sell for a plethora of reasons, but they usually buy for one reason."

Bought some MACE today (24 July 02019) at $0.33. [Yes, a penny stock.]

AT&T (T) Reports 2Q'02019 Results

AT&T reported 2nd-quarter 02019 results and I liked them.

From the press release.
"Cash from operating activities was $14.3 billion, and capital expenditures were $5.5 billion. Capital investment – which consists of capital expenditures plus cash payments for vendor financing – totaled $6.5 billion, which includes about $1.0 billion of cash payments for vendor financing. Free cash flow — cash from operating activities minus capital expenditures — was a record $8.8 billion for the quarter."
$8.8 billion free cash flow seems like a decent flow of cash.

AT&T closed yesterday (23 July 02019) at $32.09. So far today, at 8:50am MST, intra-day high has been $33.39. Current 52-week high is $34.37.

Tuesday, July 23, 2019

iRobot (IRBT) Reports 2Q'02019 Results

iRobot (IRBT) reported 2Q'02019 after the market closed on 23 July 02019. The company's press release started with the following paragraph.
"We delivered 15% revenue growth as a result of double-digit expansion in each major geographic region. We took steps to adjust spending during the quarter, which enabled us to deliver higher-than-expected operating income and EPS results. The successful launch of our new Roomba s9 vacuums and Braava jet m6 mops at the end of May represented an important milestone in our plans to strengthen Roomba leadership, extend the portfolio beyond vacuuming and advance our position in the Smart Home." 
I checked the stock after hours and it was down almost 20%.

The second paragraph of the press release started with:

"Although we achieved our U.S. revenue target in the second quarter, we believe that the direct and indirect impacts of the ongoing U.S.-China trade war and the recently implemented 25% tariffs are likely to constrain U.S. market segment growth in the second half of the year below our expectations at the start of 2019."

IRBT closed at $89.63 on 23 July 02019.

Thursday, July 18, 2019

Merge AT&T and IBM Into One Company

16 July 02019 headline: 
"AT&T and IBM Announce Multi-Year Strategic Alliance"

Hmm... Now I'm thinking about an AT&T/IBM merger.

AT&T and IBM market values on 16 July 02019.

   AT&T    $245.603B   
    IBM    $127.575B   (includes Red Hat) 
   ATTIBM  $373.178B   ($373,178,000,000)

Comparison market values on 16 July 02019.

   Microsoft   $1.056T     ($1,056,000,000,000)  $995.22B    ($  995,220,000,000)
   Apple       $946.787B   ($  946,787,000,000)
   Alphabet    $799.494B   ($  799,494,000,000)  [Google]
   Facebook    $582.573B   ($  582,573,000,000)  
   ATTIBM      $373.178B   ($  373,178,000,000)  [AT&T + IBM]

I'd be shocked if the federal government would 
let AT&T and IBM become one company, but...

Wednesday, July 17, 2019

Hello, World... Stocks::Stuffer Returns

Hello, World...

It's been three years since I last posted, but a couple of months ago I quit my job and now have more time to blog stuff about stocks (i.e. resume posting the Stocks::Stuffer).

The GDT::Portfolio has done okay during the last three years and currently contains 28 stocks.  The top 10 on 17 July 02019:  Alphabet (GOOG/GOOGL), Facebook (FB), iRobot (IRBT), Illumina (ILMN), (AMZN), Bruker (BRKR), AT&T (T),  IBM (IBM), Kratos Defense & Security Solutions (KTOS), and Vericel (VCEL). Note:  VCEL is fighting for the #10 spot with Twitter (TWTR) and First Solar (FSLR). Note:  Red Hat (RHT) was recently in the top 10, but it got acquired by IBM.

Again, this posting was posted to announce that the Stocks::Stuffer blog is no longer in a zombie state.