high definition BRLC!
BRLC @ 7.99 right now. Sorry i didn't get you guys in sooner. I wasn't paying attention to the market earlier.
holy cow! With revenues expected at $600 million this year, this company only has a market cap of 400 million. Recently profitable.
Wait for a break above $8 before entry. Short, intermediate to longer term trade.
Because the market ain't so great, and it probably won't be that great next week (in my opinion), let's not put too much money in the stock for now.
holy cow! With revenues expected at $600 million this year, this company only has a market cap of 400 million. Recently profitable.
Wait for a break above $8 before entry. Short, intermediate to longer term trade.
Because the market ain't so great, and it probably won't be that great next week (in my opinion), let's not put too much money in the stock for now.
posted by beanie11111 | 12:11 PM
28 Comments:
I can't believe you recommended this stock today Beanie. I have been following this stock because of lot of shorts were shorting this stock. I guess they got killed today.
anonymous,
BRLC is a keeper. This earnings and the guidance was a blowout. I wish i bought at the morning dip at the low 7's though.
SMSI: I recommend shorting this stock .
BRLC: unfortunately this stock announces earnings on a bad day (thursday). Most traders tend to take profits into the close of Fridays.
BRLC: I am confident this stock will eventually trade above $10. Too cheap not too.
Beanie are you sure BRLC is a good stock? Do you think all the good news is priced in? Plus, it's up over 200% for the year. How much upside can this go?
Also, when did you recommend a short on SMSI? The only thing I saw was BUY SMSI because of the good Verizons news. What price did you recommend a short for SMSI?
I'm a loyal fan of yours and I hope you can provide more insight into your strategy. Neither short or long BRLC.
NYX going to 100. I feel it to the bone! lol
anonymous,
Regarding SMSI:
I said to go long a small position before earnings (and pile in if they impress), which turned out to be a mistake. I think we're a quarter early. Now i am thinking SMSI will test the 200-day MA at around $13. That's where i would really pile in on the long side to prepare for the next earnings run.
Intermediate to longer term play
anonymous,
regarding BRLC:
for the short term, BRLC is overbought. It will consolidate for maybe a week or two (if the markets don't run higher) before mounting an attack to $9-10 . How many companies do you know that is growing revenues at a triple (from $192 milllion in 2005 to $600 million in 2006)? BRLC lost $19 million last year. This year it will be profitable probably by that amount.
I want you to compare BRLC to SIMG. After you check the following link you will realize how cheap BRLC is compared to SIMG.
http://finance.yahoo.com/q/ks?s=SIMG
SMSI:
In my opinion, the shorties will have their way and likely they will short on all rises. The reason i think that will be the case is because management did not really impress. Yes they beat all the metrics but alot of investors were expecting them to have shipped the QuickMusicLink last quarter, which they didnt. Investors were also expecting management to announce another wireless carrier, which they didn't. SMSI has over 35% short interest in the stock, so in order to blow them shorts out of the water management really needed to remove all doubts and give gangbuster earnings and guidance. This was how HANS shorts (over 30% short interest) was blown out of the water quarter after quarter. HANS management exceeded all expectations and then some.
That's why i believe the next few weeks the shorties will take advantage of SMSI, until the next earnings. Don't worry though, by the time SMSI reports again, the stock should be trading above $20. Next earnings is when i believe SMSI management will blow away all expectations and beyond.
I am only calling it as a short for the day and swing traders. If you're not in that category, don't worry about it. Just hold on and buy more when it gets to $12-13 area.
Even though i am shorting the stock, i am weary of the possibility that SMSI might announce another big wireless customer. That should get the shorts really start to cover their positions.
Have a great weekend!
Thank you Beanie!! I love hearing your comments on BRLC and for taking the time to respond.
Beanie,
EFUT today did nothing ...You mentioned market corrections on Monday...What should I do on Monday? Can't afford to take a hit again...please guide, Thanks
Pamfla
Beanie,
Got in EFUT at 12.00 for 675 shares on Thursday...Yo Beanie, please research and tell me what to do come Monday....xoxoxo Thanks Pamfla
pamfla,
EFUT did not really provide entry for us. It did not trade above 12 nor did it go below 10. I know somebody bought at 12.10, but it didn't even held a single bit, and on top of that, the stock gapped up .60-.70. You never buy stocks that gap up like that unless there are really great news that comes with it.
Regardless, i think EFUT will be ok. It made $5 million in revenues last year and the current market cap is about 30 million, which i think is fair value.
anonymous,
i wouldn't say EFUT did nothing today. It had a 1.70 range ($10.40-12.10)! Like i said before, the good traders will make alot of money from this stock.
BRLC:
I want you guys to really look into SIMG and AUO. SIMG makes BRLC look very undervalued if you compared their revenues and incomes. In my opinion, if BRLC is valued like SIMG, BRLC would be a $30 stock.
If you compare AUO (a behemoth) and BRLC, BRLC appears undervalued. If BRLC were valued similarly, BRLC would be a $16 stock.
Just my take.
Thanks Beanie,
I'm learning the hard way...I sign anonymous simply cause its easier and my blog is not working. In any case, I understand what your saying about 1.70 range...Should I hold on Mon. and hope for the best or go into another stock more profitable...Thanks Beanie You Rock an I need to pay closer attention PAMFLA :)
BRLC: Just after i gave a target of $16 on BRLC if the company were valued similarly to AUO, i found out someone already beat me to it! roflmao
Check this out:
"Syntax Brillian "buy," target price raised
Friday, November 03, 2006 6:50:41 AM ET
Brean Murray, Carret & Co
NEW YORK, November 3 (newratings.com) - Analyst Michael HV Tieu of Brean Murray maintains his "buy" rating on Syntax Brillian Corp (ticker: BRLC), while raising his estimates for the company .The target price has been raised from $8 to $14.
In a research note published this morning, the analyst mentions that the company has reported impressive results for the latest quarter, with EPS significantly ahead of the consensus. Syntax Brillian has raised its revenue guidance for F2Q07 to $160-170 million, ahead of the estimates and the consensus, to reflect expanding distribution, robust demand for LCD TVs, and a growing Olevia brand. The EPS estimates for FY07 and FY08 have been raised from $0.35 to $0.58 and from $0.59 to $0.88, respectively.
"
All aboard!!!!!!!!!!!!!!!!!!!!!!!!!! lol
Beanie if we get a Nasdaq selloff next week, wouldn't BRLC drop as well? Should I short it @7.84 and cover at mid $6 range before going long?
I got in smsi at 17.88 and 15.10. When I did some research some analyst thinks its a good buy for long term.
Quicken's stock analysis rate it at strong buy, that is for strong fundamentals except for slightly higher price to sales ratio. Since I bought it at higher price, do you think I should sell it now and just wait for it to drop at 14-12, eat my losses now and use the money to buy later or buy more quality stocks? RVBD is still going strong, maybe I sold too early?
Beanie,
Hi on a Saturday. Love the board,
maybe I should buy lower EFUT, double down shares on Monday or go into BRLC...Notice evening trading, 11.00 up from day trade. Going to gamble this week on your tips so I can go away Veterns Day...Need extra cash in my mind...
Any suggestions? By Sunday, you'll be on a new tip...Thanks, ROCK ON
Pamfla
Pam, take a look at BSX. Breaking out from a very long down trend.
sgv,
I am going to suggest you keep those SMSI shares and buy more if it goes to the 13 area. Because SMSI is a good longer term play, i don't recommend jumping around to other stocks and back. The reason is, if the markets rally SMSI will rally as well. So you jump out and end up buying another stock that's already rallied, you could get a double whammy - the other stock you jump into does a correction and this stock (SMSI) rallies because it may have already corrected sufficiently. I have done this many times and in the end it just makes ya want to pull your hair out. If you believe in SMSI, stick with it until you get some profits out of the stock.
I don't recommend you guys jump in every recommendation i give, unless you're a daytrader like me or you have extra funds.
Next Monday and Tuesday, the markets will likely be kinda like Friday's trading. We won't know the results of the elections until late Tuesday or early Wed. I don't think traders are gonna press their bets either way. But regardless, i think we are at the beginnings of a major bull market in technology, leading up to 2008.
pamfla,
please don't go doubling down on EFUT! I already told you guys to play small or you can get hurt.
anonymous,
Regarding BRLC:
BRLC could correct to the low 7 (or possibly high 6) but i don't think it'll see the low 6 for awhile. BRLC is very overbought short term. But then again, the stock had 2 upgrades and their earnings report was fantastic. Take the opportunity to buy BRLC on any dip Monday or Tuesday.
Hi Beanie,
Will not double down EFUT, just hate losing money. I'll hold on till Monday yet I'm down from the $$$ I made on LMRA - Bummer :(
Thanks,
Pamfla
BRLC the next DELL?
i wish. lol
Beanie, the high for EPHT is 12.40
don't look back
Pamfla
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