CNVT

Hello Everyone, sorry for the leave of absence in the past few weeks, it was due to finals in school and I'm packing for "college." I have found an interesting company which has grown tremendously in the past several months but, it has yet to appear in their stock price. The symbol for this company is CNVT. They are a holding company for start up and under-developed companies.They usually deal with companies in the enviormental sector. One of their holding companies, BIOREM has done significantly well, driving the profits of CNVT through the roof. For the 6 months ended 2005 The company reported profits of $223,700 compared with a loss of ($435,900) for the 6 months ended 2004. That is due to selling some of its holding in BIOREM. They sold it because the BIOREM had increased tremendously, they wanted to take some of the profits. Look for CNVT to make strategic plays in the coming months and project itself for further growth and profitability. Cnvt currently $0.18. My target price is $0.45

I'll Be Back

Hey, sorry! I've been out of town and I had a final in my economics class so sorry for no update. Anyways, more posts and analysis by Monday.

Thirsty for Cash?

I have one question that I need to ask everyone...Are you thirsty for cash? I don't know about you but I am certainly thirsty and I need to be quenched of this thirst. And what better way to do that, is by opening the fridge and taking a gulp of a Jones Soda. I have been watching this stock since it has been an infant at around $1.50 about 2 years ago. But, once I saw it profiled in Businessweek magazine at about $7 a share, I promised myself I wouldn't profile it on my blog for stock picking. But, since its appearance in the magazine the stock has declined over 30% and no disrespect to Mr. Marcial, but how could he not forsee the pullback of this stock. What I have learned over these few years of investing, is that when a speculative stock such as Jones Soda(JSDA) which is traded on the OTC BB(bulletin-board) goes up that much in a short period of time, the stock is due for a pullback. Since it has come down this much the stock looks very attractive at these levels and I couldn't help myself by profiling them. I believe that the stock should be trading on the Nasdaq and should transfer over to it soon. It has to trade above $4 a share for 90 days to do so. Given its small SO(Shares Outstanding) and the growth it has had, the stock should jump up in price. Although, it has been spending alot of time and money marketing its brand and drink, to try and position itself nicely for the coming years. The upside growth of the company and the stock has alot of potential and it should go higher from these levels of $4.73

Double Trouble

Since I did not give you a stock pick yesterday, I am making Mad Catz Interactive, Inc (MCZ), my double-trouble pick of the week. This is one of my small-cap favorites. They have a very interesting business, they make and distribute video game accessories. For example, they design memory sticks, light guns, steering wheels and much more. Although they make very cool accessories for many different video games they compete with the likes of Logitech, one of, if not, the biggest accessories maker in the world. But, even so, Mad Catz holds its own against them. In fact, I was in Best Buy this past Sunday shopping for a television and I'm a guy, so I made my way over to the video game section and to my surprise, there were Mad Catz accessories! It was really cool to see a product made by a small penny stock in a powerhouse store like Best Buy. They have continued to post record financial results, as this penny stock becomes a big brand name. I believe that within a 6-month period the stock should hit $3. It is currently trading a $1.05. I would initiate coverage on this company if I was an analyst.

Pump up the Volume

Pump up the volume with SLS International. You know what? alot of people thought that this company was gonna go bust. But, on the other hand, this company is blowing their competition away. SLS Audio is the premier manufacturer and distributor of loudspeakers in the United States. Early in the company's history, they rented, sold and installed sound and lighting systems. In 1999 the company began focusing on the manufacturing of loudspeaker systems, selling to dealers and contractors on a wholesale basis. They have their loudspeaker systems in places such as Brooklyn's famous Prospect Park twelve-thousand seat outdoor amphitheater, Trump Grande Ocean Resort & Residences, Branson Mall Theater and Universal Studios Hollywood. Since they changed their business model the stock price has appreciated over 200% in the last two years. I still see growth in this company and believe it will blast their way to the top. At these levels of $2.06 I think the company will be able to at least double in stock price. With record sales and backlog orders of over $500,000 the company is in strong position to do well in the latter half of 2005. They reported second quarter revenues of $887,155, the highest in the company's history and a 75.6% increase from the same period in 2004. Also, the 6-month period ended June 30,2005, the Company believes it will report revenue of $1,756,724, an increase of 89.7% versus that period of fiscal 2004 according to Yahoo! Finance. The Company just completed a state of the art facility in Missouri, which will allow them to produce much more orders and inventory. This facility will allow them to operate at a much faster pace and improve their operating margins.

Heating Things Up

I stumbled upon an article this week in Business magazine about a company called TurboChef. The company seems great to me for a number of reasons, first and foremost, they have their high speed ovens in 20,000 Subway Restaurants. Another plus, is that they are currently testing their ovens in 100 Starbuck stores in North America for daily use. According to the article there was positive feedback so far from the tests. They recently signed a deal with the Compass group, the worlds largest food service company, to use their ovens in over 1,400 locations in the North American region. Another great thing about this company that I truly love is the fact that they have no debt, Did you hear that? NO DEBT! This company is in position to cook at a fast pace and should fry the competition. It should scorch from the levels it is at now of $18.50. Price target: $37