Comments on: Not such a pretty picture… http://www.footnoted.com/gold-stars/not-such-a-pretty-picture/ Michelle Leder's guide to what's hiding in SEC filings Sat, 04 Sep 2010 18:34:00 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Aaron http://www.footnoted.com/gold-stars/not-such-a-pretty-picture/comment-page-1/#comment-2938 Aaron Tue, 07 Aug 2007 05:28:52 +0000 http://www.footnoted.com/blog-reel/not-such-a-pretty-picture/#comment-2938 I have to agree with muckdog. It is quite amazing how companies can play the market the way they have been, underpromising then beating earnings and having their stock take off. It is amazing that more investors don't see through this practice. I have to agree with muckdog. It is quite amazing how companies can play the market the way they have been, underpromising then beating earnings and having their stock take off. It is amazing that more investors don’t see through this practice.

]]> By: muckdog http://www.footnoted.com/gold-stars/not-such-a-pretty-picture/comment-page-1/#comment-2937 muckdog Tue, 07 Aug 2007 00:32:44 +0000 http://www.footnoted.com/blog-reel/not-such-a-pretty-picture/#comment-2937 Good job. I think we're almost expecting some sort of shenanigans when it comes to reporting numbers. Lots of companies are underpromising and lowering guidance, then beating it by a penny or two in their earnings report. The stocks soar. Amazing. Good job. I think we’re almost expecting some sort of shenanigans when it comes to reporting numbers. Lots of companies are underpromising and lowering guidance, then beating it by a penny or two in their earnings report. The stocks soar. Amazing.

]]> By: Frank Graham http://www.footnoted.com/gold-stars/not-such-a-pretty-picture/comment-page-1/#comment-2935 Frank Graham Mon, 06 Aug 2007 17:38:44 +0000 http://www.footnoted.com/blog-reel/not-such-a-pretty-picture/#comment-2935 <p>Nice findings. It's really important to dig deeply in a time when consumer goods are way out<br /> of favor. Trigger happy traders might think, oh here's the play! Then the Axe comes down.<br /> Also of note is 95% institutional ownership.<br /> So if it does crater SPC could become a REV or<br /> Sunbeam quickly. Plus lot of retail brokers don't allow shorting. SPC has 95% institutional ownership. If that mass wants to get out all at once..down comes the Axe controlling the trade. Anyway thanks a lot for covering a sub $5 stock. They can be real quicksand and one has to learn to deal with that temptation only to see a REV or Sunbeam occur. Learned lesson on old BNBN from Barnes & Nobel. Took years to get even. Granted a rare 0.75 makes a recovery but it must happen quickly like LU, Staples, Corning or Wet Seal. Otherwise just does R/S or dies. From Reuters research: "Because the earnings of SPC are not available, the Price to Sales and Price to Book ratios are the most appropriate valuation measures. Therefore SPC seems valued at a discount with a Price to Sales ratio of 0.121, one of the lowest in the Electronic Instr. & Controls industry, however, their Price to Book is 1.021, below the industry median of 1.88. " </p> Nice findings. It’s really important to dig deeply in a time when consumer goods are way out
of favor. Trigger happy traders might think, oh here’s the play! Then the Axe comes down.
Also of note is 95% institutional ownership.
So if it does crater SPC could become a REV or
Sunbeam quickly. Plus lot of retail brokers don’t allow shorting.

SPC has 95% institutional ownership. If that mass wants to get out all at once..down comes
the Axe controlling the trade.
Anyway thanks a lot for covering a sub $5 stock. They can be real quicksand and one has to learn
to deal with that temptation only to see a REV or Sunbeam occur. Learned lesson on old BNBN
from Barnes & Nobel. Took years to get even. Granted a rare 0.75 makes a recovery but it
must happen quickly like LU, Staples, Corning or Wet Seal. Otherwise just does R/S or dies.
From Reuters research:
“Because the earnings of SPC are not available, the Price to Sales and Price to Book ratios are the most appropriate valuation measures. Therefore SPC seems valued at a discount with a Price to Sales ratio of 0.121, one of the lowest in the Electronic Instr. & Controls industry, however, their Price to Book is 1.021, below the industry median of 1.88. ”

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