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  • Mitchell Card
    Participant
    Post count: 30
    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
    Post count: 30
    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 5 months, 3 weeks ago by Mitchell Card.
    Mitchell Card
    Participant
    Post count: 30
    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
    Post count: 30
    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
    Post count: 30
    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
    Post count: 30

    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
    Post count: 30

    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
    Post count: 30

    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
    Post count: 30

    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
    Post count: 30
    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
    Post count: 30
    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
    Post count: 30
    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
    Post count: 30
    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
    Post count: 30

    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.

    Mitchell Card
    Participant
    Post count: 30

    A few days ago, the Atlanta Fed reported a projected 1% decline in GDP. If that is announced this month then that will make two negative GDP reports which many use as a definition for a recession. The good news is they will back date the start of the recession to the 1st day of the last reported negative number which would put the recession start date back to Dec/Jan 21/22′ -ish. I’ve looked at a lot of historical studies and the average recession is about 12 months with some being less and some more in duration. I don’t have a crystal ball or magic wand but if this recession were to last 12 months, then this Dec/Jan 22/23′ would be the end of the recession. I own many Bowser stocks plus other big caps as well. My portfolio is 20% stocks/80% cash. I’m currently sitting on the sidelines watching a hugh blue light sale in stocks of great companies some punished others devastated in price. I’m thinking we have one more leg down before the market starts to recover and when that high tide comes, I want to be 80% stocks 20% cash. That turning point or what some call a “V” is where I’d like to get back into more stocks. I was able to do that in the 2020 Covid recovery and did extremely well. This time around, I’m not sure how to factor in the Ukraine war, inflation, and supply chain shortages. Anyways, good luck to you guys and have a happy 4th of July.

Viewing 15 posts - 1 through 15 (of 25 total)