TPS Update
TPS Position Update – January 6, 2016
. . . . Sino-Global Shipping America, Ltd. (NASD: $SINO) – Hold We were pleased to see the firm report positive financial results for the first quarter of fiscal 2016. Revenue grew 3.6% year-over-year and gross profit grew by 21.9%. Expenses for the quarter were down 9.1%. The balance sheet is stronger and a stock […]
TPS Position Update – December 9, 2015
. . . . US Geothermal Inc. (NYSE: $HTM) – Hold This has been a year of modest gains for the stock, and modest financial headway for the company. U.S. Geothermal is in the renewable energy exploration business. It turned in a small profit in Q3, and continues to do a good job chipping away […]
TPS Position Update – December 2, 2015
. . . . Bluelinx Holdings Inc. (NYSE: $BXC) – Hold Why isn’t the Bluelinx stock doing better? When Q3 2015 financial results were reported a few weeks ago, we were delighted to see that the building products distributor made money. Q3 net income came in at $0.6 million. In 2014, the company reported a […]
TPS Position Update – November 25, 2015
. . . . Flexible Solutions International Inc. (NYSE: $FSI) – Hold It’s been a wild ride for the company, whose fortunes are largely linked to the energy business. FSI develops and manufactures biodegradable polymers for oil extraction, ingredients for water treatment, and crop nutrients. We would like to be patient and give Flexible Solutions […]
TPS Position Update – November 10, 2015
. . . . Pendrell Corp. (NASD: $PCO) – Hold The past few months have been challenging, but given the difficulties Pendrell is facing, the stock is holding up well. Revenues were up in Q3 compared to Q2… $15.5 million against $2.1 million. A previous $7.6 million quarterly loss was cut to allow the firm […]
TPS Position Update – November 4, 2015
. . . . Inuvo, Inc. (AMEX: $INUV) – Hold We were pleased to see the digital advertising technology company report strong Q3 results a few weeks ago. Revenues were $19.3 million, up from $13.0 million the same quarter last year. The 48% increase in revenue came with a 45% increase in net income for […]
TPS Position Update – October 27, 2015
. . . . Towerstream (NASD: $TWER) – Hold We are looking forward to reviewing Towerstream’s Q3 2015 earnings report scheduled for release the second week in November. Towerstream is a “Fixed Wireless Fiber Alternative” company. It sells high-speed internet access to businesses in 12 cities including New York City, Boston, Los Angeles, Chicago, Philadelphia, […]
TPS Position Update – October 13, 2015
. . . . Superconductor Technologies (NASD: $SCON) – Sell Superconductor Technologies has run into trouble. It’s time for us to leave and sell our positions. Last week, the company tried to raise much needed money, $9.5 million with a new stock offering. It priced the shares at $0.35. A year ago, the stock traded […]
TPS Position Update – October 6, 2015
. . . . Smart Technologies (NASD: $SMT) – Sell It’s time to say goodbye. Smart Technologies doesn’t appear able to shift its business in the new direction it needs. The market for the company’s core product, interactive whiteboards, never took off. The four new initiatives at Smart Technologies don’t seem to be taking off […]
TPS Position Update – September 29, 2015
. . . . PLATINUM GROUP METALS (AMEX: $PLG) – Sell In early August we told you, “Delays, production shortfalls, any significant problems and we’ll lick our wounds and head for the exits.” The time has come to sell PLG. There is still no firm indication that production will start in Q4, as we’ve been […]
