I bought a position today in Golden Green Enterprise Limited (sym: CHOP) at around a $5.35 average price. CHOP recently up-listed to the Nasdaq Global Market while also completing a secondary at $5.00. Presently, I project their net income run rate to be around 42 to 45 million or $1.10/share on a fully diluted basis. [...]
Read the rest of this entry »“As for the precious metals, we remain bullish of gold in Sterling terms, in EUR terms, in terms of the Yen and in terms of the US dollar. We are that way for we wish firstly to hedge out the short dollar aspect of the long gold position that seems incumbent in that position given [...]
Read the rest of this entry »Expect Significant Growth in 2010 – Raising Price Target to $8.25
ZAGG Incorporated’s financial results for the third quarter of calendar 2009 included a fifth consecutive quarter of record revenues as total revenues climbed to $9.7 million – right in line with our estimates. Revenues increased 42% year-over-year and roughly 7% sequentially driven by continued strong [...]
