The NASDAQ Stock Market announced that trading was halted today in Deer Consumer Products, Inc. (NASDAQ: DEER) at 7:00:12 a.m. Eastern Time for “additional information requested” from the company at a last price of $2.26. Trading will remain halted until Deer Consumer Products, Inc. has fully satisfied NASDAQ’s request for additional information. No further information … [Read more…]
Deer Consumer Products, Inc. Announces Second Quarter 2012 Financial Results, Affirms 2012 Financial Guidance Highlights: Anticipates favorable market conditions in China for continued growth in 2012 Affirms 2012 Financial Guidance Shifts focus entirely to the China domestic market Deer Consumer Products, Inc. (Nasdaq: DEER) (website: http://www.deerinc.com/), a leading provider of “DEER” branded household consumer products … [Read more…]
Last Quarter Deer Consumer Products Inc. shares (DEER) reported a 35% increase in first-quarter profit and reaffirmed its 2012 earnings and revenue forecasts, citing a continually rising standard of living in China. This quarter DEER hasn’t reported yet. That means we should get a report sometime this week.* Schwab Earnings Report rates DEER a HOLD. … [Read more…]
I’m Bullish on BTU, a stock that is way oversold. Credit Suisse today came out with a 12 month target of $44 per share and an Outperform rating. The 52 week price range is 61.37 – 21.12. The adjustment came after Credit Suisse attended the annual investor day in New York. Here is the statement … [Read more…]
I’ve decided to pare my holding in CSX due to a potiential legal setback regarding price fixing. The lawsuit dates back to 2007 and alleges that CSX and other US Freight railroads conspired to drive up shipping costs by fixing fuel surcharges. My original purchase of these shares was January 21, 2010 with a cost … [Read more…]
DEER is one of ‘those Chinese’ companies that many investors fear. You know that flat out fraudulent, illegitimate and highly profitable companies that Barrons warned against. If you believe Alfred Little, you would believe that DEER has no revenue growth and keeps a set of fake accounts receivables. He said after an ‘extensive’ 10 City, … [Read more…]
Originally I owned Proctor and Gamble, PG:NYSE in only my trading account since 2010. Seeing that dividend tax rates are likely to go up, I decided to move my PG holding to my tax sheltered IRA account. Today’s selling of PG was the completion of PG stock from my trading account to my IRA. With … [Read more…]
I still like MCD, and still hold 1/2 of my max target position. However today MCD hit yet another 52 week high, so I felt compelled to sell some for a huge 32% gain. I’ve been holding MCD since 12/16/10, cost basis $76.99 per share and added 50% more on 3/15/11 with a cost basis of … [Read more…]
With $57 Billion Microsoft is the King of Cash. Followed by Cisco and Google with $44 Billion and $43 Billion respectively. All in all, technology tops the 12 most cash rich companies with five company’s totaling $201 Billion. Owning any of these companies is considered low risk by Credit Suisse, TheStreet, and S&P. “In the land of … [Read more…]
I still consider GLW a good stock and a good value despite the six month slump. If we are not at a bottom, we must be getting close. With sales of Apple Inc. and smartphones, and tablets on the increase, I’m even more bullish on the stock. Remember the PEG: 0.661
Fast Facts from Apples recent Q3: Apple’s sales climed 82% to $28.57 Billion, iPhones lept 142% with 20.34 million units sold and iPad sales soared 183% with 9.25 million units sold.
I’ll wait for the stock to settle before I buy my last 25% of my target buy on GLW.