Comments on Calven Roberts' articles Comments on Calven Roberts' articles RSS Syndication from SeekingAlpha.com http://seekingalpha.com/author/calven-roberts/articles NovaGold Resources: Heavily Undervalued http://seekingalpha.com/article/49857/comments?source=feed#comment-836331 836331 Wed, 06 Jan 2010 15:15:59 -0500
Don't know what kind of performance others are looking for, but I kind of like NG. They still have a good amount of gold in the ground. ]]>
NovaGold Resources: Heavily Undervalued http://seekingalpha.com/article/49857/comments?source=feed#comment-314270 314270 Mon, 24 Nov 2008 23:34:11 -0500
NG 0.58 Down 1.12 Down 65.88%

THAT'S 58 CENTS.

Glad I didn't pay attention to your advice]]>
Ocean Power Technologies: Wave of the Future? http://seekingalpha.com/article/53815/comments?source=feed#comment-278324 278324 Thu, 09 Oct 2008 20:32:40 -0400 NovaGold Resources: Heavily Undervalued http://seekingalpha.com/article/49857/comments?source=feed#comment-151290 151290 Tue, 15 Apr 2008 17:14:47 -0400 NovaGold Resources: Heavily Undervalued http://seekingalpha.com/article/49857/comments?source=feed#comment-101498 101498 Fri, 09 Nov 2007 19:41:43 -0500
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WellCare Plummets After FBI Raid http://seekingalpha.com/article/51747/comments?source=feed#comment-100259 100259 Mon, 29 Oct 2007 22:07:28 -0400 WellCare Plummets After FBI Raid http://seekingalpha.com/article/51747/comments?source=feed#comment-100206 100206 ? I would imagine they were overcharging, charging for people that no longer existed (deceased) and denying people coverage...inflating profits. What do you think of the insider trades over the past year? Any comments on that? ]]> Mon, 29 Oct 2007 13:38:54 -0400 The article should read "trading within 10% of cash per share".

Points:
If this is anything like precedents of the "online education companies" not very long ago, shares could have a small rebound.

CrossProfit's point was spot on- the timing of the raid to the board meeting implies that the FBI had some hard evidence on individuals inside the company conducting criminal activity.

While Alan's point on value was well taken, I question why the stock is still trading at $30.00. Given Alan's $678m book value shares should be trading closer to $15.00, why the high premium>?

I would imagine they were overcharging, charging for people that no longer existed (deceased) and denying people coverage...inflating profits.

What do you think of the insider trades over the past year? Any comments on that?

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WellCare Plummets After FBI Raid http://seekingalpha.com/article/51747/comments?source=feed#comment-100177 100177 Mon, 29 Oct 2007 10:39:28 -0400
We find this amusing for several reasons.

First, how does anyone conclude anything without knowing the facts?
Second, the nature of the raids suggests criminal activity. In the past when criminal cause was proven, companies seized to exist, especially when the Board of Directors was involved. So, based on history, our colleagues' should conclude the exact opposite.
Third, even were we to get the information regarding the FBI raid, we still have to know what the other States are up to.
Fourth, we still don't know how the class action lawsuits will pan out. Again, if there is criminal activity (emphasis on 'if') then there is less of an impact from the class action suits. If not, then the company will have to shell out to shareholders due to misrepresentation. Either way, the stock has little room for sustainable upside.
Fifth, with regard to the problem being connected to only 25% of revenue, this is not how things work in reality. Once branded, the loss of ability to contract with public entities (should it come to that - we do not know anything more than what has been publicized), the rest of the business goes as well as no one wants to be left holding the bag. It is like a run on a bank.

Our guess (emphasis on guess) is that there is criminal activity implications as the FBI waited to raid until the Board was in session. Think about it!

CrossProfit
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WellCare Plummets After FBI Raid http://seekingalpha.com/article/51747/comments?source=feed#comment-100156 100156 Mon, 29 Oct 2007 06:33:31 -0400 China Finance Online: Subscriber Dependant Valuation http://seekingalpha.com/article/49429/comments?source=feed#comment-98279 98279 Wed, 10 Oct 2007 17:19:37 -0400
Calven Roberts
Chartsetups.com]]>
China Finance Online: Subscriber Dependant Valuation http://seekingalpha.com/article/49429/comments?source=feed#comment-98192 98192 Wed, 10 Oct 2007 07:27:47 -0400