Investors Searching for “Homebuilder Stocks “Info at Investorideas.com – Is this a Sign Of Bottom Feeding?
Homebuilder Stocks enters Top 25 Search Phrases
POINT ROBERTS, WA, Delta B.C. November 28, 2008 –- www.HomebuilderStocks.com (HS), a global investor and industry portal for the homebuilder sector within Investorideas.com reports recent inbound searches for homebuilder stocks has reached the top twenty five search phrases. The sector leader is renewable energy stocks at number and homebuilder stocks coming in this week at number nineteen.
Investorideas.com internal site stats and investor search data gives a global overview of investor trends in leading sectors.
InvestorIdeas.com currently attracts a global investor audience averaging 15,000 unique visitors per day made up of investors, brokers, analysts, media, industry peers, institutions and government seeking news and research on specific sectors and global markets. Sectors include homebuilders, renewable energy, oil and gas, water, Homeland Security, Biotech, mining, tech and digital media and other leading sectors.
Each sector portal features news and resources including a stock directory with public companies in the sector. The stock directories were created as a tool for independent investors.
Homebuilder Stocks Directory: click here: /HomebuilderStockList/
About our Homebuilder Portal: www.HomebuilderStocks.com is an investor and industry news portal for the homebuilding sector within the InvestorIdeas.com content umbrella. The website features research, news, exclusive articles, interviews, links and resources and a growing list of participating public companies in the sector.
Homebuilder companies can submit news to the Investorideas.com newswire and upgrade to be the “News of Day” or “Audio of the Day”.
Submit Homebuilder News: http://www1.investorideas.com/NewsUploader/Default.aspx
About the Investorideas.com Newswire:
Investor Ideas Newswire is fast becoming a valuable news source for investors and industry leaders. Readers can subscribe to the feed, companies can submit news to the feed and investment and news sites can add the RSS feed for free. Investor Ideas Newswire is indexed by Google News, My Yahoo! and other leading news sources.
Newswire RSS Feed: http://www.investorideas.com/RSS/feeds/IIMAIN.xml
About InvestorIdeas.com: One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors. InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content.
Learn more: - click here http://www.investorideas.com/membership/
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.
For more information contact:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Or cvanzant@investorideas.com
Web Site: www.InvestorIdeas.com®
Source: HomebuilderStocks.com
Friday, November 28, 2008
Wednesday, November 26, 2008
Renewable Energy Stocks Sector Close-Up on Solar Stocks; Solar Stocks Get a Two Day Run with General Markets
POINT ROBERTS, WA —November 26, 2008 -- www.RenewableEnergyStocks.com,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on solar stocks following a two day run for some of the leaders. Solar stocks traded up with the general markets but investors are cautiously optimistic following the recent speech from President-elect Obama, discussing job creation in the sector.
Renewable Energy Stocks solar expert, J. Peter Lynch commented in his most recent column, that this market may represent a generational buying opportunity, “I agree that solar P/E’s and expectations were FAR too optimistic and missed a number of rather obvious problems that were rapidly approaching (i.e. coming silicon over supply), however, at this time I believe that current expectations have moved equally to the opposite extreme with FAR too much pessimism.”
Renewable and Solar Energy Perspectives with J. Peter Lynch http://www.renewableenergystocks.com/PL/
XsunX, Inc.(OTC Bulletin Board: XSNX), a solar technology company engaged in the build-out of its multi-megawatt thin film photovoltaic (TFPV) solar manufacturing facilities in Oregon, announced that it had entered into a two-year supply contract for the sale of fifteen (15) megawatts of it ASI-120 TFPV solar modules (representing approximately $37 million dollars in total contract value ) to a full service solar power company specializing in commercial and solar farm projects located in the California and Hawaiian markets. The stock traded volume of 1,672,300 and was up on the day, closing at just under $0.25, from its opening of $0.19 on the news.
Investors can also track the Ardour Solar Energy Index (^SOLRX) (Market, News), a compilation of global solar energy stocks in three primary solar energy sectors: Photovoltaics, Solar Thermal, and Solar Lighting for sector indications.
Sector Close-Up as of Trading November 25, 2008:
First Solar, Inc. (BASDAQ: FSLR) (Market, News) closed at $117.19
Akeena Solar Inc. (NASDAQ:AKNS) closed at $1.79
Evergreen Solar Inc (NASDAQ:ESLR) (Market, News) closed at $2.38
LDK Solar ADR (LDK) (Market, News) closed at $12.73
SunPower Corporation (SPWRA) (Market, News ) closed at $30.57
Yingli Green Energy (YGE) (Market, News) closed at $4.49
XsunX: (OTCBB: XSNX) closed up at $0.245 on significant volume on news.
ICP SOLAR (OTCBB: ICPR) (Market, News ) closed at $0.211
WorldWater & Solar Technologies (OTCBB: WWAT) (Market, News) traded at $0.271.
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Featured Showcase Solar Company XsunX: (OTCBB: XSNX) Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Green News Feeds:
Peter Lynch RSS Feed: http://www.investorideas.com/RSS/feeds/PL.xml
Renewable Energy and GreenTech Business and Stock News RSS Feed: http://www.investorideas.com/RSS/feeds/RES.xml
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory and the Insiders Corner by Michael Brush.
Become an InvestorIdeas.com Member -Learn more: - click here http://www.investorideas.com/membership/
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: XsunX compensate the website $5000 per month www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX
POINT ROBERTS, WA —November 26, 2008 -- www.RenewableEnergyStocks.com,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on solar stocks following a two day run for some of the leaders. Solar stocks traded up with the general markets but investors are cautiously optimistic following the recent speech from President-elect Obama, discussing job creation in the sector.
Renewable Energy Stocks solar expert, J. Peter Lynch commented in his most recent column, that this market may represent a generational buying opportunity, “I agree that solar P/E’s and expectations were FAR too optimistic and missed a number of rather obvious problems that were rapidly approaching (i.e. coming silicon over supply), however, at this time I believe that current expectations have moved equally to the opposite extreme with FAR too much pessimism.”
Renewable and Solar Energy Perspectives with J. Peter Lynch http://www.renewableenergystocks.com/PL/
XsunX, Inc.(OTC Bulletin Board: XSNX), a solar technology company engaged in the build-out of its multi-megawatt thin film photovoltaic (TFPV) solar manufacturing facilities in Oregon, announced that it had entered into a two-year supply contract for the sale of fifteen (15) megawatts of it ASI-120 TFPV solar modules (representing approximately $37 million dollars in total contract value ) to a full service solar power company specializing in commercial and solar farm projects located in the California and Hawaiian markets. The stock traded volume of 1,672,300 and was up on the day, closing at just under $0.25, from its opening of $0.19 on the news.
Investors can also track the Ardour Solar Energy Index (^SOLRX) (Market, News), a compilation of global solar energy stocks in three primary solar energy sectors: Photovoltaics, Solar Thermal, and Solar Lighting for sector indications.
Sector Close-Up as of Trading November 25, 2008:
First Solar, Inc. (BASDAQ: FSLR) (Market, News) closed at $117.19
Akeena Solar Inc. (NASDAQ:AKNS) closed at $1.79
Evergreen Solar Inc (NASDAQ:ESLR) (Market, News) closed at $2.38
LDK Solar ADR (LDK) (Market, News) closed at $12.73
SunPower Corporation (SPWRA) (Market, News ) closed at $30.57
Yingli Green Energy (YGE) (Market, News) closed at $4.49
XsunX: (OTCBB: XSNX) closed up at $0.245 on significant volume on news.
ICP SOLAR (OTCBB: ICPR) (Market, News ) closed at $0.211
WorldWater & Solar Technologies (OTCBB: WWAT) (Market, News) traded at $0.271.
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Featured Showcase Solar Company XsunX: (OTCBB: XSNX) Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Green News Feeds:
Peter Lynch RSS Feed: http://www.investorideas.com/RSS/feeds/PL.xml
Renewable Energy and GreenTech Business and Stock News RSS Feed: http://www.investorideas.com/RSS/feeds/RES.xml
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory and the Insiders Corner by Michael Brush.
Become an InvestorIdeas.com Member -Learn more: - click here http://www.investorideas.com/membership/
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: XsunX compensate the website $5000 per month www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX
Tuesday, November 25, 2008
Investorideas.com Membership: Access, the Complete Renewable Energy Stocks Directory, Michael Brush Insiders Corner, Investor Alerts and Weekly Investor Search Trends
POINT ROBERTS, Wash., Delta B.C., November 25, 2008 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, greentech and water, has improved the Investorideas.com membership to include access to restricted content including the Michael Brush Insiders Corner, the Complete Renewable Energy Stocks Directory and inside access to weekly top 25 investor search trends.
The complete renewable energy stocks directory is now members only access page.
The directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks.
“The Insiders Corner “http://www.investorideas.com/insiderscorner/ By Michael Brush is also an Investorideas.com members only feature. Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory and the Insiders Corner by Michael Brush.
Become an InvestorIdeas.com -Learn more: - click here http://www.investorideas.com/membership/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News RSS Feed:
http://www.investorideas.com/RSS/feeds/RES.xml
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
POINT ROBERTS, Wash., Delta B.C., November 25, 2008 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, greentech and water, has improved the Investorideas.com membership to include access to restricted content including the Michael Brush Insiders Corner, the Complete Renewable Energy Stocks Directory and inside access to weekly top 25 investor search trends.
The complete renewable energy stocks directory is now members only access page.
The directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks.
“The Insiders Corner “http://www.investorideas.com/insiderscorner/ By Michael Brush is also an Investorideas.com members only feature. Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory and the Insiders Corner by Michael Brush.
Become an InvestorIdeas.com -Learn more: - click here http://www.investorideas.com/membership/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News RSS Feed:
http://www.investorideas.com/RSS/feeds/RES.xml
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
Thursday, November 20, 2008
You know its bad out there when you do a Google search for " the market shit the bed again " and you find recent multiple postings using that exact phrase - but what else can you say these days ? That pretty well sums it up!
I took a look at all the sector indices - all down -and all the global international market indices - all down
Maybe capitulation is when we all agree the market has shit the bed and we just can't take it any more !
I have to believe there are greener pastures out their and I do . I think that in spite the recent drop in oil prices we will still move ahead with green technologies if we want to fight and live another day! We need to think past today and tomorrow and towards the next generation. Green technology, healthcare will create opportunities for innovation leaders.
So trade for today- invest for tomorrow ....
todays closes on indices -
Name Index Value Change Net / % High Low
ABAQ
ABA Community Bank NASDAQ Index 165.92 7.46 4.30% 176.06 165.76
BIXX
BetterInvesting 100 Index 81.97 5.04 5.79% 89.07 81.59
BIXR
BetterInvesting 100 Total Return Index 84 5.17 5.80% 91.28 83.62
BXN
CBOE NASDAQ-100 BuyWrite Index 201.25 9.93 4.70% 216.49 201.01
INDU
Dow Industrials 7,552.29 444.99 5.56% 8,187.4 7,506.97
TRAN
Dow Transportation 2,988.99 152.53 4.86% 3,210.28 2,945.53
UTIL
Dow15 Utilities 335.73 18.09 5.11% 359.01 331.77
FTSELC
FTSE NASDAQ Large Cap Index 3,464.73 169.52 4.66% 3,732.28 3,461.75
FTSEMC
FTSE NASDAQ Mid Cap Index 3,248.67 203.74 5.90% 3,482.94 3,241.71
FTSESC
FTSE NASDAQ Small Cap Index 2,783.21 179.89 6.07% 2,965.3 2,779.98
IXBK
NASDAQ Bank 1,763.65 88.33 4.77% 1,880.83 1,761.74
NBI
NASDAQ Biotechnology 622.71 33.04 5.04% 653.56 619.16
NBIE
NASDAQ Biotechnology Equal Weighted Index 657.69 37.17 5.35% 691.56 653.55
CHXN
NASDAQ China Index 89.18 4.26 4.56% 95.62 88.39
CELS
NASDAQ Clean Edge U.S. Liquid Series 104.61 12.42 10.61% 114.78 104.22
CEXX
NASDAQ Clean Edge U.S. Liquid Series Total Return 105.41 12.51 10.61% 115.65 105.01
IXCO
NASDAQ Computer 586.38 28.01 4.56% 629.35 585.91
DTEC
NASDAQ Dallas Regional Chamber Index 437.48 35.12 7.43% 476.12 435.85
DIVQ
NASDAQ Dividend Achievers Index 589.38 38.35 6.11% 640.27 588.69
DVQT
NASDAQ Dividend Achievers Total Return Index 628.12 40.87 6.11% 682.35 627.38
IXFIN
NASDAQ Financial-100 1,611.93 87.86 5.17% 1,756.03 1,610.1
IXHC
NASDAQ Health Care Index 175.81 10.39 5.58% 185.95 175.41
IXID
NASDAQ Industrial 936.92 56.73 5.71% 1,011.07 936.1
IXIS
NASDAQ Insurance 2,731.34 174.12 5.99% 2,941.05 2,722.25
QNET
NASDAQ Internet Index 59.84 3.20 5.08% 64.8 59.78
ISRQ
NASDAQ Israel 133.79 6.06 4.33% 138.42 133.54
ISRX
NASDAQ Israel Total Return 137.1 5.68 3.98% 141.82 136.84
NERV
NASDAQ NeuroInsights Neurotech Index 83.79 5.49 6.15% 88.6 83.56
QWND
NASDAQ OMX Clean Edge Global Wind Energy Index 88.1 5.72 6.10% 93.46 87.28
QAGR
NASDAQ OMX Global Agriculture Index 99.49 8.83 8.15% 104.56 99.15
QGBI
NASDAQ OMX Global Biotechnology Index 171.25 9.44 5.22% 178.81 169.97
QCOL
NASDAQ OMX Global Coal Index 72.41 10.05 12.19% 78.72 72.03
QGLD
NASDAQ OMX Global Gold & Precious Metals Index 120.64 8.02 6.23% 125.29 117.63
QSTL
NASDAQ OMX Global Steel Index 83.7 6.40 7.10% 85.71 83.7
IXFN
NASDAQ Other Finance 2,184.95 113.75 4.95% 2,408.94 2,184.95
NXTQ
NASDAQ Q-50 Index 68.17 5.03 6.87% 72.47 68.04
IXTC
NASDAQ Telecommunications 124.87 5.94 4.54% 137.06 124.73
IXTR
NASDAQ Transportation 1,432.61 80.72 5.33% 1,534.28 1,418.76
NDXX
NASDAQ-100 Ex-Tech Sector Index 560.99 32.29 5.44% 603.79 559.97
NDXT
NASDAQ-100 Technology Sector Index 525.92 20.94 3.83% 566.63 525.65
DFX
PHLX Defense Sector 211.69 9.47 4.28% 227.9 210.61
XAU
PHLX Gold/Silver Sector 70.08 1.83 2.54% 74.79 67.48
HGX
PHLX Housing Sector 58.82 4.51 7.12% 65.59 58.63
OSX
PHLX Oil Service Sector 105.41 19.88 15.87% 125.29 104.42
SOX
PHLX Semiconductor Sector 171.32 5.78 3.26% 185.17 170.74
UTY
PHLX Utility Sector 359.49 17.35 4.60% 383.8 355.56
RUI/E
Russell 1000 Growth 311.82 19.96 6.02% 336.74 311.82
RUI/P
Russell 1000 Value 395.47 32.97 7.70% 432.45 395.47
RUTE2KG
Russell 2000 Growth 200.15 13.99 6.53% 214.14 200.15
RUTP2KV
Russell 2000 Value 562.59 39.69 6.59% 604.75 562.59
HAUL
Wilder NASDAQ OMX Global Energy Efficient Transport Index 138.65 8.01 5.46% 143.87 137.62
I took a look at all the sector indices - all down -and all the global international market indices - all down
Maybe capitulation is when we all agree the market has shit the bed and we just can't take it any more !
I have to believe there are greener pastures out their and I do . I think that in spite the recent drop in oil prices we will still move ahead with green technologies if we want to fight and live another day! We need to think past today and tomorrow and towards the next generation. Green technology, healthcare will create opportunities for innovation leaders.
So trade for today- invest for tomorrow ....
todays closes on indices -
Name Index Value Change Net / % High Low
ABAQ
ABA Community Bank NASDAQ Index 165.92 7.46 4.30% 176.06 165.76
BIXX
BetterInvesting 100 Index 81.97 5.04 5.79% 89.07 81.59
BIXR
BetterInvesting 100 Total Return Index 84 5.17 5.80% 91.28 83.62
BXN
CBOE NASDAQ-100 BuyWrite Index 201.25 9.93 4.70% 216.49 201.01
INDU
Dow Industrials 7,552.29 444.99 5.56% 8,187.4 7,506.97
TRAN
Dow Transportation 2,988.99 152.53 4.86% 3,210.28 2,945.53
UTIL
Dow15 Utilities 335.73 18.09 5.11% 359.01 331.77
FTSELC
FTSE NASDAQ Large Cap Index 3,464.73 169.52 4.66% 3,732.28 3,461.75
FTSEMC
FTSE NASDAQ Mid Cap Index 3,248.67 203.74 5.90% 3,482.94 3,241.71
FTSESC
FTSE NASDAQ Small Cap Index 2,783.21 179.89 6.07% 2,965.3 2,779.98
IXBK
NASDAQ Bank 1,763.65 88.33 4.77% 1,880.83 1,761.74
NBI
NASDAQ Biotechnology 622.71 33.04 5.04% 653.56 619.16
NBIE
NASDAQ Biotechnology Equal Weighted Index 657.69 37.17 5.35% 691.56 653.55
CHXN
NASDAQ China Index 89.18 4.26 4.56% 95.62 88.39
CELS
NASDAQ Clean Edge U.S. Liquid Series 104.61 12.42 10.61% 114.78 104.22
CEXX
NASDAQ Clean Edge U.S. Liquid Series Total Return 105.41 12.51 10.61% 115.65 105.01
IXCO
NASDAQ Computer 586.38 28.01 4.56% 629.35 585.91
DTEC
NASDAQ Dallas Regional Chamber Index 437.48 35.12 7.43% 476.12 435.85
DIVQ
NASDAQ Dividend Achievers Index 589.38 38.35 6.11% 640.27 588.69
DVQT
NASDAQ Dividend Achievers Total Return Index 628.12 40.87 6.11% 682.35 627.38
IXFIN
NASDAQ Financial-100 1,611.93 87.86 5.17% 1,756.03 1,610.1
IXHC
NASDAQ Health Care Index 175.81 10.39 5.58% 185.95 175.41
IXID
NASDAQ Industrial 936.92 56.73 5.71% 1,011.07 936.1
IXIS
NASDAQ Insurance 2,731.34 174.12 5.99% 2,941.05 2,722.25
QNET
NASDAQ Internet Index 59.84 3.20 5.08% 64.8 59.78
ISRQ
NASDAQ Israel 133.79 6.06 4.33% 138.42 133.54
ISRX
NASDAQ Israel Total Return 137.1 5.68 3.98% 141.82 136.84
NERV
NASDAQ NeuroInsights Neurotech Index 83.79 5.49 6.15% 88.6 83.56
QWND
NASDAQ OMX Clean Edge Global Wind Energy Index 88.1 5.72 6.10% 93.46 87.28
QAGR
NASDAQ OMX Global Agriculture Index 99.49 8.83 8.15% 104.56 99.15
QGBI
NASDAQ OMX Global Biotechnology Index 171.25 9.44 5.22% 178.81 169.97
QCOL
NASDAQ OMX Global Coal Index 72.41 10.05 12.19% 78.72 72.03
QGLD
NASDAQ OMX Global Gold & Precious Metals Index 120.64 8.02 6.23% 125.29 117.63
QSTL
NASDAQ OMX Global Steel Index 83.7 6.40 7.10% 85.71 83.7
IXFN
NASDAQ Other Finance 2,184.95 113.75 4.95% 2,408.94 2,184.95
NXTQ
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Monday, November 17, 2008
Investorideas.com China News of the day:
OMNIALUO REVENUE UP 87% AND NET INCOME UP 100% FOR THIRD QUARTER 2008
News Release Request:
Quarter Ended September 30, 2008:
- Revenue up 87% to $5.0 million
- Net income up 100% to $1.2 million
- EPS up 25% to $0.05
Nine Months Ended September 30, 2008:
- Revenue up 116% to $11.3 million
- Net income up 118% to $2.4 million
- EPS up 56% to $0.11
Shenzhen, China - November 17, 2008 - OmniaLuo, Inc. ("OmniaLuo" or the "Company") (OTC BB: OLOU), a China-based company engaged in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO, announced record operating results for the quarter and nine months ended September 30, 2008.
OmniaLuo reported record revenue of approximately $5.0 million for the quarter ended September 30, 2008, compared to approximately $2.7 million for the quarter ended September 30, 2007 - an 87% increase. For the nine months ended September 30, 2008, OmniaLuo reported record revenue of approximately $11.3 million, compared to approximately $5.2 million for the nine months ended September 30, 2007 - a 116% increase. The substantial increase in revenue was primarily attributable to the increase in the number of independent distributors and stores, as well as the increase in sales by existing independent distributors and stores.
Revenue from sales to independent distributors for the quarter ended September 30, 2008 was approximately $3.4 million (67% of total sales revenue for the period), compared to approximately $2.1 million for the quarter ended September 30, 2007 - a 62% increase. Revenue from sales to independent distributors for the nine months ended September 30, 2008 was approximately $ 7.6 million (67% of total sales revenue for the period), compared to approximately $4.1 million for the nine months ended September 30, 2007 - an 84% increase. The increase in revenue from independent distributors was attributable to the increase in the number of independent distributor stores from 114 stores as of September 30, 2007 to 163 stores as of September 30, 2008, as well as an increase in sales by existing independent distributor stores.
Revenue from sales from Company-owned and co-owned stores for the quarter ended September 30, 2008 was approximately $1.6 million (33% of total sales revenue for the period), compared to approximately $0.6 million for the quarter ended September 30, 2007 - a 173% increase. Revenue from sales from Company-owned and co-owned stores for the nine months ended September 30, 2008 was approximately $3.7 million (33% of total sales revenue for the period), compared to approximately $1.1 million for the nine months ended September 30, 2007 - a 239% increase. The increase in revenue from Company-owned and co-owned stores reflected the increase in the number of Company-owned and co-owned stores from 49 such stores as of September 30, 2007 to 79 such stores as of September 30, 2008.
OmniaLuo reported overall gross profit for the quarter ended September 30, 2008 of approximately $2.8 million, compared to approximately $1.3 million for the quarter ended September 30, 2007 - a 114% increase. Overall gross profit for the nine months ended September 30, 2008 was approximately $6.5 million, compared to $2.8 million for the nine months ended September 30, 2007 - a 134% increase.
The Company also reported overall gross profit margin for the quarter ended September 30, 2008 of approximately 56%, compared to approximately 49% for the quarter ended September 30, 2007. Gross profit margin for the nine months ended September 30, 2008 was 57%, compared to 53% for the nine months ended September 30, 2007.
OmniaLuo reported net income of approximately $ 1.2 million for the quarter ended September 30, 2008, compared to net income of approximately $0.6 million for the quarter ended September 30, 2007 - a 100% increase. The Company reported net income of approximately $2.4 million for the nine months ended September 30, 2008, compared to approximately $1.1 million for the nine months ended September 30, 2007 - a 118% increase.
Based on the weighted average number of shares outstanding of 22,840,000 as of September 30, 2008, OmniaLuo had net income of approximately $0.05 per share for the quarter ended September 30, 2008, as compared to net income of approximately $0.04 per share for the quarter ended September 30, 2007. OmniaLuo reported net income of approximately $0.11 per share for the nine months ended September 30, 2008, as compared to $0.07 for the nine months ended September 30, 2007 - 56% increase.
As of September 30, 2008, a total of 28,544,752 shares of common stock were issued and outstanding on a fully diluted basis included: 1) 22,840,000 issued and outstanding shares, 2) 4,920,000 shares issuable upon exercise of private placement investor warrants, 3) 492,000 shares issuable upon exercise of placement agent warrants and 4) 292,752 shares issuable upon exercise of venture capital investor warrants.
Earnings Conference Call
OmniaLuo will host a conference call on Tuesday, November 18, 2008 to review third quarter 2008 financial results. The conference call is scheduled for 9:00 a.m. Eastern Time. To participate in the call, please dial:
- U.S. and Canada: 1 (866) 393-5677
- International: 1 (706) 902-1860
- Conference ID: 21399855
A replay of the call will be available two hours after completion of the call. You will be able to access it at any time through the OmniaLuo Website at ir.omnialuo.com, or by phone until December 17, 2008. To access the replay by phone, please dial:
- U.S. and Canada: 1 (800) 633-8625
- International : 1 (402) 977- 9141
- Conference ID: 21399855
To be added to the OmniaLuo, Inc. investor email list, please email pamela.solly@cirrusfc.com with OLOU in the subject line.
About OmniaLuo, Inc.
OmniaLuo, Inc. (ir.omnialuo.com), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. With its rapid and strategic expansion plan, OMNIALUO plans to increase its retail presence to more than 250 retail stores and distributor relationships by year end 2008. Under the leadership of Cindy Luo, the Company's founder and award winning chief designer, OMNIALUO is positioned to become the Chinese brand equivalent of Ralph Lauren, Vera Wang and Anna Sui.
OmniaLuo Investor Resources
Women's Wear Daily Article: Click Here
Fact Sheet: Click Here
Presentation: Click Here
Video: Click Here
Contact:
Cirrus Financial Communications, LLC
Pamela Solly
Phone: 1 (877) 880-OLOU (6568)
Pamela.Solly@cirrusfc.com
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our d ependency on our chief executive officer, principal stockholder and chief designer, our sensitivity to economic conditions and consumer spending in China, competition in our industry, our ability to effectively manage our growth, our ability to raise capital in the future, changes in China's economic or political situation, and other factors set forth in our Annual Report on Form 10-KSB filed with the United States Securities and Exchange Commission or otherwise set forth from time to time in our other public filings. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.
# # #
Condensed Consolidated Statements of Income and Comprehensive Income
For the three and nine months ended September 30, 2008 and 2007
(Stated in US Dollars)
Three months ended September 30, (Unaudited) Nine months ended
September 30, (Unaudited)
2008 2007 2008 2007
Revenues $4,993,937 $2,670,327 $11,275,040 $5,213,278
Cost of revenues (2,180,121 ) (1,356,930 ) (4,805,199 ) (2,452,774 )
Gross profit 2,813,816 1,313,397 6,469,841 2,760,504
Expenses
General and administrative expenses 755,200 358,893 2,180,486 989,857
Depreciation 74,571 36,808 182,314 81,800
Selling and marketing expenses 810,050 259,496 1,715,136 521,550
1,639,821 655,197 4,077,936 1,593,207
Income from operations 1,173,995 658,200 2,391,905 1,167,297
Interest income 1,911 862 12,442 1,842
Other income 7,803 5,887 22,659 21,476
Finance costs (814 ) (5,640 ) (16,558 ) (11,110 )
Net income before preferred dividend 1,182,895 659,309 2,410,448 1,179,505
Preferred dividend - (10,950 ) - (31,025 )
Net income applicable to ordinary shareholders
$1,182,8 95
$648,359
$2,410,448
$1,148,480
Other comprehensive income
- Foreign currency translation adjustments 27,809 32,750 531,966 67,104
Comprehensive income $1,210,704 $681,109 $2,942,414 $1,215,584
Earnings per ordinary share
- Basic $0.05 $0.04 $0.11 $0.07
- Diluted $0.05 $0.04 $0.11 $0.07
Weighted average number of shares
outstanding
- Basic 22,840,000 16,800,000 22,840,000 16,800,000
- Diluted 22,841,927 16,800,000 22,879,456 16,800,000
OmniaLuo, Inc.
Condensed Consolidated Balance Sheets
As of September 30, 2008 and December 31, 2007
(Stated in US Dollars)
As of As of
September 30, December 31,
2008 2007
(Unaudited) (Audited)
ASSETS
Current assets
Cash and cash equivalents $2,011,378 $3,083,715
Trade receivables (net of allowance for doubtful accounts
of $13,138 for 2008 and $8,313 for 2007) 3,212,848 1,573,644
Inventories 5,669,161 2,602,653
Deposits 2,907,272 1,995,229
Total current assets 13,800,659 9,255,241
Property and equipment, net 911,630 724,681
TOTAL ASSETS $14,712,289 $9,979,922
LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES
Current liabilities
Trade payables $875,303 $281,027
Other payables, deposits received and accrued expenses 2,570,809 1,368,890
Loans from stockholders 8,052 14,294
Total current liabilities 3,454,164 1,664,211
TOTAL LIABILITIES 3,454,164 1,664,211
COMMITMENTS
STOCKHOLDERS' EQUITY
Common stock : par value $0.01 per share
Authorized 40,000,000 shares; issued and
outstanding 22,840,000 shares for 2008 and 2007 228,400 228,400
Preferred stock : p ar value $0.01 per share
Authorized 10,000,000 shares; none issued and
outstanding for 2008 and 2007 - -
Additional paid-in capital 8,479,390 8,479,390
Statutory reserve 587,524 261,948
Accumulated other comprehensive income 828,688 296,722
Retained earnings (accumulated deficit) 1,134,123 (950,749 )
TOTAL STOCKHOLDERS' EQUITY 11,258,125 8,315,711
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $14,712,289 $9,979,922
InvestorIdeas.com Disclaimer: Issuers of press releases are solely responsible for the accuracy of the content.
OMNIALUO REVENUE UP 87% AND NET INCOME UP 100% FOR THIRD QUARTER 2008
News Release Request:
Quarter Ended September 30, 2008:
- Revenue up 87% to $5.0 million
- Net income up 100% to $1.2 million
- EPS up 25% to $0.05
Nine Months Ended September 30, 2008:
- Revenue up 116% to $11.3 million
- Net income up 118% to $2.4 million
- EPS up 56% to $0.11
Shenzhen, China - November 17, 2008 - OmniaLuo, Inc. ("OmniaLuo" or the "Company") (OTC BB: OLOU), a China-based company engaged in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO, announced record operating results for the quarter and nine months ended September 30, 2008.
OmniaLuo reported record revenue of approximately $5.0 million for the quarter ended September 30, 2008, compared to approximately $2.7 million for the quarter ended September 30, 2007 - an 87% increase. For the nine months ended September 30, 2008, OmniaLuo reported record revenue of approximately $11.3 million, compared to approximately $5.2 million for the nine months ended September 30, 2007 - a 116% increase. The substantial increase in revenue was primarily attributable to the increase in the number of independent distributors and stores, as well as the increase in sales by existing independent distributors and stores.
Revenue from sales to independent distributors for the quarter ended September 30, 2008 was approximately $3.4 million (67% of total sales revenue for the period), compared to approximately $2.1 million for the quarter ended September 30, 2007 - a 62% increase. Revenue from sales to independent distributors for the nine months ended September 30, 2008 was approximately $ 7.6 million (67% of total sales revenue for the period), compared to approximately $4.1 million for the nine months ended September 30, 2007 - an 84% increase. The increase in revenue from independent distributors was attributable to the increase in the number of independent distributor stores from 114 stores as of September 30, 2007 to 163 stores as of September 30, 2008, as well as an increase in sales by existing independent distributor stores.
Revenue from sales from Company-owned and co-owned stores for the quarter ended September 30, 2008 was approximately $1.6 million (33% of total sales revenue for the period), compared to approximately $0.6 million for the quarter ended September 30, 2007 - a 173% increase. Revenue from sales from Company-owned and co-owned stores for the nine months ended September 30, 2008 was approximately $3.7 million (33% of total sales revenue for the period), compared to approximately $1.1 million for the nine months ended September 30, 2007 - a 239% increase. The increase in revenue from Company-owned and co-owned stores reflected the increase in the number of Company-owned and co-owned stores from 49 such stores as of September 30, 2007 to 79 such stores as of September 30, 2008.
OmniaLuo reported overall gross profit for the quarter ended September 30, 2008 of approximately $2.8 million, compared to approximately $1.3 million for the quarter ended September 30, 2007 - a 114% increase. Overall gross profit for the nine months ended September 30, 2008 was approximately $6.5 million, compared to $2.8 million for the nine months ended September 30, 2007 - a 134% increase.
The Company also reported overall gross profit margin for the quarter ended September 30, 2008 of approximately 56%, compared to approximately 49% for the quarter ended September 30, 2007. Gross profit margin for the nine months ended September 30, 2008 was 57%, compared to 53% for the nine months ended September 30, 2007.
OmniaLuo reported net income of approximately $ 1.2 million for the quarter ended September 30, 2008, compared to net income of approximately $0.6 million for the quarter ended September 30, 2007 - a 100% increase. The Company reported net income of approximately $2.4 million for the nine months ended September 30, 2008, compared to approximately $1.1 million for the nine months ended September 30, 2007 - a 118% increase.
Based on the weighted average number of shares outstanding of 22,840,000 as of September 30, 2008, OmniaLuo had net income of approximately $0.05 per share for the quarter ended September 30, 2008, as compared to net income of approximately $0.04 per share for the quarter ended September 30, 2007. OmniaLuo reported net income of approximately $0.11 per share for the nine months ended September 30, 2008, as compared to $0.07 for the nine months ended September 30, 2007 - 56% increase.
As of September 30, 2008, a total of 28,544,752 shares of common stock were issued and outstanding on a fully diluted basis included: 1) 22,840,000 issued and outstanding shares, 2) 4,920,000 shares issuable upon exercise of private placement investor warrants, 3) 492,000 shares issuable upon exercise of placement agent warrants and 4) 292,752 shares issuable upon exercise of venture capital investor warrants.
Earnings Conference Call
OmniaLuo will host a conference call on Tuesday, November 18, 2008 to review third quarter 2008 financial results. The conference call is scheduled for 9:00 a.m. Eastern Time. To participate in the call, please dial:
- U.S. and Canada: 1 (866) 393-5677
- International: 1 (706) 902-1860
- Conference ID: 21399855
A replay of the call will be available two hours after completion of the call. You will be able to access it at any time through the OmniaLuo Website at ir.omnialuo.com, or by phone until December 17, 2008. To access the replay by phone, please dial:
- U.S. and Canada: 1 (800) 633-8625
- International : 1 (402) 977- 9141
- Conference ID: 21399855
To be added to the OmniaLuo, Inc. investor email list, please email pamela.solly@cirrusfc.com with OLOU in the subject line.
About OmniaLuo, Inc.
OmniaLuo, Inc. (ir.omnialuo.com), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. With its rapid and strategic expansion plan, OMNIALUO plans to increase its retail presence to more than 250 retail stores and distributor relationships by year end 2008. Under the leadership of Cindy Luo, the Company's founder and award winning chief designer, OMNIALUO is positioned to become the Chinese brand equivalent of Ralph Lauren, Vera Wang and Anna Sui.
OmniaLuo Investor Resources
Women's Wear Daily Article: Click Here
Fact Sheet: Click Here
Presentation: Click Here
Video: Click Here
Contact:
Cirrus Financial Communications, LLC
Pamela Solly
Phone: 1 (877) 880-OLOU (6568)
Pamela.Solly@cirrusfc.com
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our d ependency on our chief executive officer, principal stockholder and chief designer, our sensitivity to economic conditions and consumer spending in China, competition in our industry, our ability to effectively manage our growth, our ability to raise capital in the future, changes in China's economic or political situation, and other factors set forth in our Annual Report on Form 10-KSB filed with the United States Securities and Exchange Commission or otherwise set forth from time to time in our other public filings. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.
# # #
Condensed Consolidated Statements of Income and Comprehensive Income
For the three and nine months ended September 30, 2008 and 2007
(Stated in US Dollars)
Three months ended September 30, (Unaudited) Nine months ended
September 30, (Unaudited)
2008 2007 2008 2007
Revenues $4,993,937 $2,670,327 $11,275,040 $5,213,278
Cost of revenues (2,180,121 ) (1,356,930 ) (4,805,199 ) (2,452,774 )
Gross profit 2,813,816 1,313,397 6,469,841 2,760,504
Expenses
General and administrative expenses 755,200 358,893 2,180,486 989,857
Depreciation 74,571 36,808 182,314 81,800
Selling and marketing expenses 810,050 259,496 1,715,136 521,550
1,639,821 655,197 4,077,936 1,593,207
Income from operations 1,173,995 658,200 2,391,905 1,167,297
Interest income 1,911 862 12,442 1,842
Other income 7,803 5,887 22,659 21,476
Finance costs (814 ) (5,640 ) (16,558 ) (11,110 )
Net income before preferred dividend 1,182,895 659,309 2,410,448 1,179,505
Preferred dividend - (10,950 ) - (31,025 )
Net income applicable to ordinary shareholders
$1,182,8 95
$648,359
$2,410,448
$1,148,480
Other comprehensive income
- Foreign currency translation adjustments 27,809 32,750 531,966 67,104
Comprehensive income $1,210,704 $681,109 $2,942,414 $1,215,584
Earnings per ordinary share
- Basic $0.05 $0.04 $0.11 $0.07
- Diluted $0.05 $0.04 $0.11 $0.07
Weighted average number of shares
outstanding
- Basic 22,840,000 16,800,000 22,840,000 16,800,000
- Diluted 22,841,927 16,800,000 22,879,456 16,800,000
OmniaLuo, Inc.
Condensed Consolidated Balance Sheets
As of September 30, 2008 and December 31, 2007
(Stated in US Dollars)
As of As of
September 30, December 31,
2008 2007
(Unaudited) (Audited)
ASSETS
Current assets
Cash and cash equivalents $2,011,378 $3,083,715
Trade receivables (net of allowance for doubtful accounts
of $13,138 for 2008 and $8,313 for 2007) 3,212,848 1,573,644
Inventories 5,669,161 2,602,653
Deposits 2,907,272 1,995,229
Total current assets 13,800,659 9,255,241
Property and equipment, net 911,630 724,681
TOTAL ASSETS $14,712,289 $9,979,922
LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES
Current liabilities
Trade payables $875,303 $281,027
Other payables, deposits received and accrued expenses 2,570,809 1,368,890
Loans from stockholders 8,052 14,294
Total current liabilities 3,454,164 1,664,211
TOTAL LIABILITIES 3,454,164 1,664,211
COMMITMENTS
STOCKHOLDERS' EQUITY
Common stock : par value $0.01 per share
Authorized 40,000,000 shares; issued and
outstanding 22,840,000 shares for 2008 and 2007 228,400 228,400
Preferred stock : p ar value $0.01 per share
Authorized 10,000,000 shares; none issued and
outstanding for 2008 and 2007 - -
Additional paid-in capital 8,479,390 8,479,390
Statutory reserve 587,524 261,948
Accumulated other comprehensive income 828,688 296,722
Retained earnings (accumulated deficit) 1,134,123 (950,749 )
TOTAL STOCKHOLDERS' EQUITY 11,258,125 8,315,711
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $14,712,289 $9,979,922
InvestorIdeas.com Disclaimer: Issuers of press releases are solely responsible for the accuracy of the content.
Investorideas.com Tech News of the Day:
SNAP INTERACTIVE NEARLY TRIPLES QUARTERLY NET INCOME, GROWS QUARTERLY REVENUE 63%
NEW YORK, NY - November 17, 2008 - SNAP Interactive, Inc. ("SNAP" or the "Company") (OTC BB: STVI), a leading provider of online dating applications for social networking websites, today announced record operating results for the quarter ended September 30, 2008.
Financial Highlights, as Compared to Last Quarter (the Quarter ended June 30, 2008)
- Revenue: $871,324, as compared to $533,257 - a 63% increase
- Net Income: $410,283, as compared to $144,862 - a 183% increase
- Earnings per Share (EPS): $0.04, as compared to $0.01
(A comprehensive description of results follows below.)
"To put it simply, SNAP is already profitable and we have grown our revenue for 5 consecutive quarters - despite an early focus on growth ahead of monetization. We nearly tripled quarterly net income in the third quarter by virtue of increasing traffic to our existing applications and the advertising programs built within," stated SNAP President and CEO Clifford Lerner. "We also began offering paid premium features through our applications and look forward to expanding that revenue driver in the future. We have long believed that developing a critical mass user base was Priority #1 for a dating application; having now accomplished that with more than 16 Million total users we can turn our attention to new and inventive revenue driving strategies, evolving not only our own business model but the entire Social Network Application industry landscape. We are particularly excited about the expansion potential of the mobile device opportunity.
"We are very proud of the significant milestones we have achieved to date, and we believe that the next twelve months will offer new and excit ing opportunities, both for SNAP and the greater space we are helping to define."
To be added to the SNAP investor email list, please email justin.davis@cirrusfc.com with STVI in the subject line.
Comprehensive Operational Results Description
Revenue increased from $35,383 for the three months ended September 30, 2007 to $871,324 for the three months ended September 30, 2008, an increase of $835,941.
Revenue increased from $35,669 for the nine months ended September 30, 2007 to $1,924,483 for the nine months ended September 30, 2008, an increase of $1,888,814.
These revenues are primarily generated from advertisements placed on our 'Are You Interested' & 'Meet New People' applications as well as premium features on our 'Are You Interested' applications. The increase in revenue was primarily due to the growth of our applications and the increased usage in the third quarter of 2008 compared to the same time period in 2007, which resulted in more traffic to our applications which produced more impressions and clicks on advertisements displayed on our applications as well as use of our premium features.
Net Income increased to $410,283 for the three months ended September 30, 2008 from a loss of $79,538 for the three months ended September 30, 2007, an increase of $489,821.
Net Income increased to $745,654 for the nine months ended September 30, 2008 from a loss of $357,537 for the nine months ended September 30, 2007, an increase of $1,103,491.
The increase in net income was primarily due to the increased revenue from the growth of our applications and the increased usage in the third quarter of 2008 compared to the same time period in 2007, which resulted in more traffic to our applications which produced more impressions and clicks on advertisements displayed on our applications and use of our premium features.
Based on shares outstanding (basic) of 10,359,560 as of September 30, 2008, SNAP had net income of approximately $0.04 per share for t he quarter ended September 30, 2008, as compared to a net loss of approximately $0.01 per share for the quarter ended June 30, 2007. SNAP reported net income of approximately $0.07 per share for the nine months ended September 30, 2008, as compared to a net loss of $0.04 for the nine months ended June 30, 2007.
About SNAP Interactive, Inc.
Incorporated in Delaware and headquartered in New York, SNAP Interactive, Inc. is a leading provider of online dating applications for social networking websites. SNAP has developed two dating applications built on Facebook® Platform which have in excess of 15 million installations, and has also launched dating applications on MySpace Developer Platform & Hi5 Developer Platform. Our applications are called 'Are You Interested,' 'Meet New People,' and 'Flirt With Me.'
For more information visit www.snap-interactive.com.
CONTACT:
Cirrus Financial Communications, LLC
Justin K. Davis
(877) 977-STVI (7884)
contact@snap-interactive.com
www.cirrusfc.com
Facebook® is a registered trademark of Facebook Inc.
Forward-Looking Safe Harbor Statement:
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially from forecasted results. These risks and uncertainties include product demand, market competition, delays in application development, technical issues beyond our control, reliance on the various platforms that we build applications on, and risks inherent in our operations. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from comme rcial document retrieval services and at the website maintained by the SEC at http://www.sec.gov. All traffic statistics are recent averages.
InvestorIdeas.com Disclaimer: Issuers of press releases are solely responsible for the accuracy of the content.
SNAP INTERACTIVE NEARLY TRIPLES QUARTERLY NET INCOME, GROWS QUARTERLY REVENUE 63%
NEW YORK, NY - November 17, 2008 - SNAP Interactive, Inc. ("SNAP" or the "Company") (OTC BB: STVI), a leading provider of online dating applications for social networking websites, today announced record operating results for the quarter ended September 30, 2008.
Financial Highlights, as Compared to Last Quarter (the Quarter ended June 30, 2008)
- Revenue: $871,324, as compared to $533,257 - a 63% increase
- Net Income: $410,283, as compared to $144,862 - a 183% increase
- Earnings per Share (EPS): $0.04, as compared to $0.01
(A comprehensive description of results follows below.)
"To put it simply, SNAP is already profitable and we have grown our revenue for 5 consecutive quarters - despite an early focus on growth ahead of monetization. We nearly tripled quarterly net income in the third quarter by virtue of increasing traffic to our existing applications and the advertising programs built within," stated SNAP President and CEO Clifford Lerner. "We also began offering paid premium features through our applications and look forward to expanding that revenue driver in the future. We have long believed that developing a critical mass user base was Priority #1 for a dating application; having now accomplished that with more than 16 Million total users we can turn our attention to new and inventive revenue driving strategies, evolving not only our own business model but the entire Social Network Application industry landscape. We are particularly excited about the expansion potential of the mobile device opportunity.
"We are very proud of the significant milestones we have achieved to date, and we believe that the next twelve months will offer new and excit ing opportunities, both for SNAP and the greater space we are helping to define."
To be added to the SNAP investor email list, please email justin.davis@cirrusfc.com with STVI in the subject line.
Comprehensive Operational Results Description
Revenue increased from $35,383 for the three months ended September 30, 2007 to $871,324 for the three months ended September 30, 2008, an increase of $835,941.
Revenue increased from $35,669 for the nine months ended September 30, 2007 to $1,924,483 for the nine months ended September 30, 2008, an increase of $1,888,814.
These revenues are primarily generated from advertisements placed on our 'Are You Interested' & 'Meet New People' applications as well as premium features on our 'Are You Interested' applications. The increase in revenue was primarily due to the growth of our applications and the increased usage in the third quarter of 2008 compared to the same time period in 2007, which resulted in more traffic to our applications which produced more impressions and clicks on advertisements displayed on our applications as well as use of our premium features.
Net Income increased to $410,283 for the three months ended September 30, 2008 from a loss of $79,538 for the three months ended September 30, 2007, an increase of $489,821.
Net Income increased to $745,654 for the nine months ended September 30, 2008 from a loss of $357,537 for the nine months ended September 30, 2007, an increase of $1,103,491.
The increase in net income was primarily due to the increased revenue from the growth of our applications and the increased usage in the third quarter of 2008 compared to the same time period in 2007, which resulted in more traffic to our applications which produced more impressions and clicks on advertisements displayed on our applications and use of our premium features.
Based on shares outstanding (basic) of 10,359,560 as of September 30, 2008, SNAP had net income of approximately $0.04 per share for t he quarter ended September 30, 2008, as compared to a net loss of approximately $0.01 per share for the quarter ended June 30, 2007. SNAP reported net income of approximately $0.07 per share for the nine months ended September 30, 2008, as compared to a net loss of $0.04 for the nine months ended June 30, 2007.
About SNAP Interactive, Inc.
Incorporated in Delaware and headquartered in New York, SNAP Interactive, Inc. is a leading provider of online dating applications for social networking websites. SNAP has developed two dating applications built on Facebook® Platform which have in excess of 15 million installations, and has also launched dating applications on MySpace Developer Platform & Hi5 Developer Platform. Our applications are called 'Are You Interested,' 'Meet New People,' and 'Flirt With Me.'
For more information visit www.snap-interactive.com.
CONTACT:
Cirrus Financial Communications, LLC
Justin K. Davis
(877) 977-STVI (7884)
contact@snap-interactive.com
www.cirrusfc.com
Facebook® is a registered trademark of Facebook Inc.
Forward-Looking Safe Harbor Statement:
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially from forecasted results. These risks and uncertainties include product demand, market competition, delays in application development, technical issues beyond our control, reliance on the various platforms that we build applications on, and risks inherent in our operations. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from comme rcial document retrieval services and at the website maintained by the SEC at http://www.sec.gov. All traffic statistics are recent averages.
InvestorIdeas.com Disclaimer: Issuers of press releases are solely responsible for the accuracy of the content.
Friday, November 14, 2008
CEO of Algae-to-Oil Technology Company, OriginOil, Inc. (OTCBB: OOIL) Reminds Investors of the Bright Future for Advanced Biofuels
POINT ROBERTS, WA --November 14, 2008 www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, announces new featured showcase company OriginOil, Inc: (OTCBB: OOIL), an algae-to-oil technology company.
The company’s technology is an advanced algae growth system that can grow multiple layers of algae biomass around-the-clock with daily harvests. According to the company, growing and harvesting algae on a high volume production basis is the key breakthrough that will allow algae to compete with petroleum.
The US Department of Energy, Energy Efficiency and Renewable Energy reports, “Algal biofuels are generating considerable interest around the world. They may represent a sustainable pathway for helping to meet the U.S. biofuel production targets set by the Energy Independence and Security Act of 2007.” http://www1.eere.energy.gov/biomass/pdfs/algalbiofuels.pdf
Petroleum is a depleting resource. Future sources of oil, the cost of producing it and the price consumers will have to pay for it are extremely uncertain. According to a recent report from the International Energy Agency, “there are growing fears the simultaneous plunge in oil prices and a pullback in spending on exploration and production will result in another massive energy price spike.”
One week earlier, Riggs Eckelberry, President & CEO of OriginOil, Inc. had made the same case. In his presentation to California lawmakers, he noted, “Energy demand is embedded and oil demand will return. If oil investment is neglected now, there will be new scarcity, driving prices much higher.”
“Climate change and CO2 emissions are also driving trends for renewable energy. These factors, as well as future oil shortages, have created excitement in the algae sector, in spite of the recent decline in oil prices”, Mr. Eckelberry went on to state.
“Current trends in energy supply and consumption are patently unsustainable – environmentally, economically and socially – they can and must be altered”, said Nobuo Tanaka, Executive Director of the International Energy Agency. “Rising imports of oil and gas into OECD regions and developing Asia, together with the growing concentration of production in a small number of countries, would increase our susceptibility to supply disruptions and sharp price hikes. At the same time, greenhouse-gas emissions would be driven up inexorably, putting the world on track for an eventual global temperature increase of up to 6°C.”
Company Showcase Profile page: http://www.investorideas.com/co/ooil/
About OriginOil, Inc: (OTCBB: OOIL)
OriginOil, Inc. is developing a breakthrough technology that will transform algae, the most promising source of renewable oil, into a true competitor to petroleum. Much of the world's oil and gas is made up of ancient algae deposits. Today, our technology will produce "new oil" from algae, through a cost-effective, high-speed manufacturing process. This endless supply of new oil can be used for many products such as diesel, gasoline, jet fuel, plastics and solvents without the global warming effects of petroleum. Other oil producing feedstock such as corn and sugarcane often destroy vital farmlands and rainforests, disrupt global food supplies and create new environmental problems. Our unique technology, based on algae, is targeted at fundamentally changing our source of oil without disrupting the environment or food supplies. www.originoil.com.
About InvestorIdeas.com: One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors.
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks.
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory.
Become an InvestorIdeas.com -Learn more: - click here http://www.investorideas.com/membership/
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: OOIL is a featured showcase company and compensates Investor Ideas $4000 month .www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Investorideas.com
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, OriginOil, Inc: (OTCBB: OOIL)
POINT ROBERTS, WA --November 14, 2008 www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, announces new featured showcase company OriginOil, Inc: (OTCBB: OOIL), an algae-to-oil technology company.
The company’s technology is an advanced algae growth system that can grow multiple layers of algae biomass around-the-clock with daily harvests. According to the company, growing and harvesting algae on a high volume production basis is the key breakthrough that will allow algae to compete with petroleum.
The US Department of Energy, Energy Efficiency and Renewable Energy reports, “Algal biofuels are generating considerable interest around the world. They may represent a sustainable pathway for helping to meet the U.S. biofuel production targets set by the Energy Independence and Security Act of 2007.” http://www1.eere.energy.gov/biomass/pdfs/algalbiofuels.pdf
Petroleum is a depleting resource. Future sources of oil, the cost of producing it and the price consumers will have to pay for it are extremely uncertain. According to a recent report from the International Energy Agency, “there are growing fears the simultaneous plunge in oil prices and a pullback in spending on exploration and production will result in another massive energy price spike.”
One week earlier, Riggs Eckelberry, President & CEO of OriginOil, Inc. had made the same case. In his presentation to California lawmakers, he noted, “Energy demand is embedded and oil demand will return. If oil investment is neglected now, there will be new scarcity, driving prices much higher.”
“Climate change and CO2 emissions are also driving trends for renewable energy. These factors, as well as future oil shortages, have created excitement in the algae sector, in spite of the recent decline in oil prices”, Mr. Eckelberry went on to state.
“Current trends in energy supply and consumption are patently unsustainable – environmentally, economically and socially – they can and must be altered”, said Nobuo Tanaka, Executive Director of the International Energy Agency. “Rising imports of oil and gas into OECD regions and developing Asia, together with the growing concentration of production in a small number of countries, would increase our susceptibility to supply disruptions and sharp price hikes. At the same time, greenhouse-gas emissions would be driven up inexorably, putting the world on track for an eventual global temperature increase of up to 6°C.”
Company Showcase Profile page: http://www.investorideas.com/co/ooil/
About OriginOil, Inc: (OTCBB: OOIL)
OriginOil, Inc. is developing a breakthrough technology that will transform algae, the most promising source of renewable oil, into a true competitor to petroleum. Much of the world's oil and gas is made up of ancient algae deposits. Today, our technology will produce "new oil" from algae, through a cost-effective, high-speed manufacturing process. This endless supply of new oil can be used for many products such as diesel, gasoline, jet fuel, plastics and solvents without the global warming effects of petroleum. Other oil producing feedstock such as corn and sugarcane often destroy vital farmlands and rainforests, disrupt global food supplies and create new environmental problems. Our unique technology, based on algae, is targeted at fundamentally changing our source of oil without disrupting the environment or food supplies. www.originoil.com.
About InvestorIdeas.com: One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors.
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks.
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory.
Become an InvestorIdeas.com -Learn more: - click here http://www.investorideas.com/membership/
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: OOIL is a featured showcase company and compensates Investor Ideas $4000 month .www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Investorideas.com
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, OriginOil, Inc: (OTCBB: OOIL)
Thursday, November 06, 2008
Homelanddefensestocks.com Investor Podcast with Scott Sacknoff, Manager of the Benchmark SPADE® Defense Index
Commentary on defense sector performance during the market’s decline
POINT ROBERTS, Wash., DELTA, B.C. – November 6, 2008 – www.HomelandDefenseStocks.com, the leading global investor and industry portal for the Homeland Defense and security sector, presents an investor podcast with Scott Sacknoff, Manager of the SPADE® Defense Index (AMEX: DXS). Mr. Sacknoff comments on the sector performance during the market’s decline.
Mr. Sacknoff reports, "Although the fundamentals of the sector remain strong, highlighted by many of the firms reporting quarterly revenues and earnings consistent with forecasts and flush with cash on hand, defense, homeland security, and aerospace stocks have declined as the market retreated. For the year, the sector remains several percent below the performance of the S&P500 and has dropped by nearly half since its highs in October 2007. However, considering how undervalued the sector is at the moment, it wouldn't surprise me, now that the Boeing strike is over, that the sector sees a bounce upwards."
To Listen to the Full Podcast Click Here: http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/sd110608.mp3
About the SPADE Defense Index®:
The SPADE Defense Index® (AMEX: DXS) is a modified capitalization-weighted index comprised of publicly traded companies that benchmarks the performance of companies involved with the defense, homeland security, and space marketplace.
The SPADE Defense Index has been developed to be used by investors, financial professionals, trade analysts, and media as a benchmark for publicly traded stocks involved in these business sectors. The Index can be used as the basis for a range of financial instruments including options and other derivatives, exchange traded funds, and conventional mutual funds.
About Homelanddefensestocks.com- HomelandDefenseStocks.com Portal is a global meeting place for investors and industry following defense and security, within Investorideas.com. Global visitors use the site daily to research the latest news, articles, audio, research reports and stock directories.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory and the Insiders Corner by Michael Brush.
Become an InvestorIdeas.com -Learn more: - click here http://www.investorideas.com/membership/
InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp
Our sites do not make recommendations, but offer information portals to investors to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of any information presented. All information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is compensated by featured companies, news submissions and online advertising. InvestorIdeas.com is not compensated by the Spade Defense Index directly but has created a content exchange relationship.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@HomelandDefenseStocks.com
Source: HomelandDefenseStocks.com, SPADE Defense Index
Commentary on defense sector performance during the market’s decline
POINT ROBERTS, Wash., DELTA, B.C. – November 6, 2008 – www.HomelandDefenseStocks.com, the leading global investor and industry portal for the Homeland Defense and security sector, presents an investor podcast with Scott Sacknoff, Manager of the SPADE® Defense Index (AMEX: DXS). Mr. Sacknoff comments on the sector performance during the market’s decline.
Mr. Sacknoff reports, "Although the fundamentals of the sector remain strong, highlighted by many of the firms reporting quarterly revenues and earnings consistent with forecasts and flush with cash on hand, defense, homeland security, and aerospace stocks have declined as the market retreated. For the year, the sector remains several percent below the performance of the S&P500 and has dropped by nearly half since its highs in October 2007. However, considering how undervalued the sector is at the moment, it wouldn't surprise me, now that the Boeing strike is over, that the sector sees a bounce upwards."
To Listen to the Full Podcast Click Here: http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/sd110608.mp3
About the SPADE Defense Index®:
The SPADE Defense Index® (AMEX: DXS) is a modified capitalization-weighted index comprised of publicly traded companies that benchmarks the performance of companies involved with the defense, homeland security, and space marketplace.
The SPADE Defense Index has been developed to be used by investors, financial professionals, trade analysts, and media as a benchmark for publicly traded stocks involved in these business sectors. The Index can be used as the basis for a range of financial instruments including options and other derivatives, exchange traded funds, and conventional mutual funds.
About Homelanddefensestocks.com- HomelandDefenseStocks.com Portal is a global meeting place for investors and industry following defense and security, within Investorideas.com. Global visitors use the site daily to research the latest news, articles, audio, research reports and stock directories.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory and the Insiders Corner by Michael Brush.
Become an InvestorIdeas.com -Learn more: - click here http://www.investorideas.com/membership/
InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp
Our sites do not make recommendations, but offer information portals to investors to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of any information presented. All information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is compensated by featured companies, news submissions and online advertising. InvestorIdeas.com is not compensated by the Spade Defense Index directly but has created a content exchange relationship.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@HomelandDefenseStocks.com
Source: HomelandDefenseStocks.com, SPADE Defense Index
Monday, November 03, 2008
Can the Stock Market predict the next President?
3rd Party Interview with Renewable and Solar Energy Perspectives Contributor , J. Peter Lynch
November 3 ,2008
Q: Mr. Lynch. I read an article in a magazine that mentioned that the action of the stock market was a potential predictor of Presidential Elections. Considering that the election is a few days away, do you have any insight into this? Bryan W. New York
A: Bryan I am familiar with this and over the years I have read a number of books and articles talking about this very topic. As a result of your question, I did a little research and found a very interesting article in which the author back tested this thesis (from 1900 to 2004) and found that it predicted with an 89% degree of accuracy who will win the next Presidential election.
It appears that there is a strong correlation (89%) between the stock market’s performance in the two months immediately preceding the election and who will win the Presidency.
Basically if the Dow Jones Industrial Average LOSES ground in the two months prior to the election the incumbent party will lose the election.
If the Down Jones Industrial Average GAINS ground in the two months prior to the election the incumbent party will win the election.
What does this mean in terms of numbers and levels for the current Presidential Election?
If the Down Jones closes ABOVE 11,188.23 at the close on November 4th – McCain will be the next President.
If the Down Jones closes BELOW 11,188.23 at the close on November 4th – Obama will be the next President.
The Dow Jones closed at 9325.01 on Friday 10-31-2008
As a result, given that the Dow Jones would have to add 1,863.22 points, or 19.98%% over the next TWO (2) trading days it appears that the next President of the United States will be Senator Barrack Obama with an 89% degree of certainty based upon this historical correlation.
If this correlation holds true it is certainly a very positive development for the solar industry.
Renewable and Solar Energy Perspectives with J. Peter Lynch at Investorideas.com http://www.renewableenergystocks.com/PL/
J. PETER LYNCH has worked, for 30 years as a Wall Street analyst, an independent equity analyst and a private investor in small emerging technology companies. He has been actively involved in following developments in the renewable energy sector since 1977 and is considered to be an expert in this area. He can be reached via e-mail at SOLARJPL@aol.com.
Mr. Lynch notes – “For those of you that are interested the source of this information was - Investech Research Newsletter, (www.Investech.com) which I HIGHLY recommend for those of you with a serious interest in the stock market as a whole. It is one of the very best newsletters I have ever come across in my years as an investor.”
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory.
Become an InvestorIdeas.com -Learn more: - click here http://www.investorideas.com/membership/
Peter Lynch RSS Feed: http://www.investorideas.com/RSS/feeds/PL.xml, Renewable Energy and GreenTech Business and Stock News RSS Feed: http://www.investorideas.com/RSS/feeds/RES.xml
Disclaimer: The views and opinions expressed in the research published are those of the individual companies and writers and not necessarily those of Investorideas.com®, or any of the industry sector portals . At the time of publication, writers may hold positions in the stocks or companies mentioned.
3rd Party Interview with Renewable and Solar Energy Perspectives Contributor , J. Peter Lynch
November 3 ,2008
Q: Mr. Lynch. I read an article in a magazine that mentioned that the action of the stock market was a potential predictor of Presidential Elections. Considering that the election is a few days away, do you have any insight into this? Bryan W. New York
A: Bryan I am familiar with this and over the years I have read a number of books and articles talking about this very topic. As a result of your question, I did a little research and found a very interesting article in which the author back tested this thesis (from 1900 to 2004) and found that it predicted with an 89% degree of accuracy who will win the next Presidential election.
It appears that there is a strong correlation (89%) between the stock market’s performance in the two months immediately preceding the election and who will win the Presidency.
Basically if the Dow Jones Industrial Average LOSES ground in the two months prior to the election the incumbent party will lose the election.
If the Down Jones Industrial Average GAINS ground in the two months prior to the election the incumbent party will win the election.
What does this mean in terms of numbers and levels for the current Presidential Election?
If the Down Jones closes ABOVE 11,188.23 at the close on November 4th – McCain will be the next President.
If the Down Jones closes BELOW 11,188.23 at the close on November 4th – Obama will be the next President.
The Dow Jones closed at 9325.01 on Friday 10-31-2008
As a result, given that the Dow Jones would have to add 1,863.22 points, or 19.98%% over the next TWO (2) trading days it appears that the next President of the United States will be Senator Barrack Obama with an 89% degree of certainty based upon this historical correlation.
If this correlation holds true it is certainly a very positive development for the solar industry.
Renewable and Solar Energy Perspectives with J. Peter Lynch at Investorideas.com http://www.renewableenergystocks.com/PL/
J. PETER LYNCH has worked, for 30 years as a Wall Street analyst, an independent equity analyst and a private investor in small emerging technology companies. He has been actively involved in following developments in the renewable energy sector since 1977 and is considered to be an expert in this area. He can be reached via e-mail at SOLARJPL@aol.com.
Mr. Lynch notes – “For those of you that are interested the source of this information was - Investech Research Newsletter, (www.Investech.com) which I HIGHLY recommend for those of you with a serious interest in the stock market as a whole. It is one of the very best newsletters I have ever come across in my years as an investor.”
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory.
Become an InvestorIdeas.com -Learn more: - click here http://www.investorideas.com/membership/
Peter Lynch RSS Feed: http://www.investorideas.com/RSS/feeds/PL.xml, Renewable Energy and GreenTech Business and Stock News RSS Feed: http://www.investorideas.com/RSS/feeds/RES.xml
Disclaimer: The views and opinions expressed in the research published are those of the individual companies and writers and not necessarily those of Investorideas.com®, or any of the industry sector portals . At the time of publication, writers may hold positions in the stocks or companies mentioned.
Saturday, November 01, 2008
Renewableenergystocks.com Listed in Canadian Technology Directory- Clean Energy
Link : http://www.cleanenergy.gc.ca/tech_dict/companies_e.asp?co=3244
Www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy,solar,clean tech and fuel cell sectors
Link : http://www.cleanenergy.gc.ca/tech_dict/companies_e.asp?co=3244
Www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy,solar,clean tech and fuel cell sectors
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