Forum Replies Created

Viewing 15 posts - 1 through 15 (of 26 total)
1 2 Next
  • Author
    Posts
  • Mitchell Card
    Participant
    May 12, 2024 at 10:52 am
    Post count: 32
    in reply to: CTHR #18524

    FYI – CHTR is going to do a Reverse Split sometime early Jun and their recent QTRly Rpt was horrible. I’m selling the small amount of remaining shares that I kept for my scanners. I’m out this coming Monday. Good Luck to all.

    Mitchell Card
    Participant
    November 4, 2023 at 2:43 pm
    Post count: 32
    in reply to: CTHR #18421

    Lee, I just got home yesterday, the 10K did not have the Executive salary but there was a note saying it was listed in the Proxy material for stockholders to vote. The CEO’s current 2023 salary is $578,368 which decreased from $1,181,214 for 2022. This represents a -51% decrease in his pay package. His pay consists of a mixture of a base pay, plus bonus based on operational results and Stock awards. The CFOs salary for 2023 is $372,903 which decreased from $609,227 for 2022, which represent a -38% decrease for the CFO pay package. It appears the Executives pay is linked to the overall profitability of the company.

    Mitchell Card
    Participant
    October 30, 2023 at 8:47 pm
    Post count: 32
    in reply to: CTHR #18416

    Lee, I reduced 95% of my position a while back, but I did keep a few shares to monitor on my watchlist. It seems they may have started a death spiral and may not be able to pull out of it. I found out who was buying all the shares a while ago, it was Carlos Valadez who goes by CharlieMar. Carlos is a self-made stock trader who is very successful. I think he is a 10% holder. Between him and some of the other larger stockholders I would not be surprised to see a proxy contest for BOD positions going forward. It happened with BRN with a Hedge Fund who I supported and BRN decided not to fight and added big bog investors to their BOD to stop the proxy contest. I’m really not sure how this end with CTHR but if they can survive this downturn, they may have a small chance. I set up and RSI alert for CTHR and when it crosses above 36 it may point to a potential reversal. At any rate they will need another catalyst fast and that may look like a management shakeup. I’m away from my trading platform for the next couple days but will look at the 10K/Q when I get home to see what the management team is getting paid. Good luck!

    • This reply was modified 2 years, 10 months ago by Mitchell Card.
    Mitchell Card
    Participant
    September 29, 2023 at 6:09 pm
    Post count: 32
    in reply to: CTHR #18391

    George, I’m not speaking for anyone else except myself. The thing for me that has gone very wrong was about 3 months after this recommendation the SPX, DJIA, started trending down and even worse than that the Russell 2000 started trending down one month after CTHR’s recommendation. The Income, Cash Flow, and Balance sheet data for 2021 was the best ever based on historical financial data and deteriorated into the following year. The stock went from a 9 to NR and is currently considered speculative. I probably answered my initial question on what went wrong for me. This has been one of the crappiest markets I have seen in a long time. It’s not equivalent to 2008 or previous corrections but it is close. Anyways, goodluck!

    Mitchell Card
    Participant
    August 31, 2023 at 10:20 am
    Post count: 32
    in reply to: illm #18366

    I just got this update this morning. I guess this is how Canada executes what we call a share buyback program. Correct me if I’m wrong but that is what it sounds like:

    “Good Morning, I am writing to inform our investor community that illumin announced the final results of its substantial issuer bid which expired at 5:00pm on August 30th, 2023.

    Under the Offer, illumin has purchased for cancellation 4,593,200 of our common shares at a purchase price of C$2.65 per Share, for an aggregate purchase price of approximately C$12,171,980. Thank you, Elliot”

    Mitchell Card
    Participant
    July 24, 2023 at 11:59 am
    Post count: 32
    in reply to: Clear One #18334

    I’m following CLRO and made decent $$$ but I’ve been out for a while. If their Quarterly Reports improve then I may reconsider. To me this company feels like an old Covid play which made perfect sense with their products which facilitated work from home and remote locations. It kind of reminds me of TOMZ that did extremely well right after covid. I made $$ with that stock as well but would not touch it with a ten-foot pole unless we have another pandemic. CLRO revenue has decreased from 2020 to 2022 and had some negative qtrs. In 2015 they had revenue of 57.8M and have been in a slow decline. I’m tracking and have volume alerts set up but until the fundamentals improve, I’m staying on the sidelines with CLRO.

    Mitchell Card
    Participant
    July 14, 2023 at 11:16 am
    Post count: 32
    in reply to: Investing and a downward market #18322

    ADTH – Looks like an Institution, Hedge Fund, or Whale just bought 1.1 million shares at 10:07. Big positive volume today.

    Mitchell Card
    Participant
    July 13, 2023 at 4:20 pm
    Post count: 32
    in reply to: Investing and a downward market #18321

    ADTH – I got a volume alert and noticed someone bought 325K shares today at 14:43 just before the close. I do not think it was an institution because they buy or sell at the bell. Anyone else notice this?

    Mitchell Card
    Participant
    July 12, 2023 at 2:22 pm
    Post count: 32
    in reply to: Investing and a downward market #18320

    I’m not in TIO or any Chinese or Foreign investment. The good news is I’m on the Taglich brothers email list and they have one analyst who set a buy rating with a 11.75 price target. They also track MMMB among other stocks. GLTA.

    Mitchell Card
    Participant
    July 12, 2023 at 11:28 am
    Post count: 32
    in reply to: Investing and a downward market #18318

    I’ve been slowly scaling into ADTH. I’m actually experimenting with that stock. I’m using the 1-year chart and when the RSI gets close to or breaks below the 30 mark, I’ll pick up a few shares. I’m using the 70 mark as a potential sell point as well. They will report earnings 8 Aug’23, which will determine the stock direction. I have tried this with OKE as well this past year with great success, so I figured I’d try ADTH and see how it plays out. I’ve built some scanners using the BOWSER criteria and so far, I’m getting close to the list in their monthly report. I’ve added volume criteria to a duplicate scanner with alerts and that is still a work in progress but it’s getting close.

    Mitchell Card
    Participant
    April 9, 2023 at 7:35 pm
    Post count: 32
    in reply to: CTHR #18225

    Faris, Thanks, I agree 100% with your assessment. I’m keeping my CTHR shares on a short leash, I know this is a Cat 3 company (Speculative). My biggest fear is the dreaded R/S. I’ve been caught in two of those over the last 30 years and it’s not fun digging/trading your way out of that mess.
    The good news is, I’m using house money made from other Bowser picks from previous years and previous investments. It will be interesting to see how this plays out. I’ve got my alerts locked and cocked.

    Mitchell Card
    Participant
    April 3, 2023 at 7:21 pm
    Post count: 32
    in reply to: CTHR #18222

    Got another alert at 17:46PM after hours, big positive volume driving price from 1.05 up to 1.3? No news or announcements. 10K share buys. I’m not a betting man but there is a good chance its and institution or a bunch of traders trying to play the market. Normally institutions buy at the bell. At any rate made decent money on my first investment back in Jul’21-Nov’21, loaded back up at .87 this past Jan’23 getting ready to sell my shares.

    Mitchell Card
    Participant
    December 9, 2022 at 11:18 am
    Post count: 32
    in reply to: Clear One #18097

    CLRO- Tripped a circuit breaker and has been halted for 10 minutes. This stock is going vertical. Currently at 1.88 per share. Trading way above the VWAP line.

    Mitchell Card
    Participant
    December 9, 2022 at 11:05 am
    Post count: 32
    in reply to: Clear One #18096

    CLRO – The spike that is occurring today is driven by the 8K announcement. I was alerted at 7:11am this morning. Thankful that I cost averaged down on this company. It will be interesting to see how this plays out with the economy.

    8K: On December 9, 2022, the Company and Shure entered into a confidential settlement and license agreement (the “Agreement”). Under the terms
    of the Agreement:
    All of the Litigations between the parties shall be dismissed with prejudice and each of the Company and Shure shall release all claims
    against the other arising from or in connection with the matters that were subject to the Litigations;
    Shure will make a one-time settlement payment to the Company in the amount of $55 million within five days after the dismissal of the
    Litigations in accordance with the Agreement; and
    The Company and Shure have agreed to certain patent licenses and covenants not to sue.

    Mitchell Card
    Participant
    October 24, 2022 at 11:15 am
    Post count: 32
    in reply to: Investing and a downward market #18053

    Chris, I do not follow the Bowser game plan 100% but I do use quite a bit of their analysis and incorporate it into my game plan. The Casino and Leisure stocks are in the S&P500 Consumer Discretionary sector which is currently at the bottom of all the sectors which should give you better opportunities at investing/cherry picking great deals. I use Bowser’s fundamental analysis plus their Database, my technical analysis criteria, and sector rotation, to determine my entry and exit points. A section of one of my computer screens actually has all the sectors already racked and stacked as a sanity check because many of the institutions look at sector rotation as well. I have over 40 stocks of which 15 are Bowser picks from the company of the month and or their database. I’m currently 30% invested and 70% cash. I’m reinvesting all dividends into Bowser picks when the time is right. I agree with your assessment, but the article made sense to me and sometimes it’s a little scary buying good companies when they are at the bottom of the sector.

  • Author
    Posts
Viewing 15 posts - 1 through 15 (of 26 total)
1 2 Next