Jeremy Richards

Jeremy Richards
Contributor since: 2008
LET US BE CLEAR. Your Articles on Zalicus have been very Good. We bought in heavy 2M shares of ZLCS and drove the price up.
Today we sold 50% of our holdings in both ZLCS and (ARNA).We will hold the rest of our long position and use a $1.20 stop loss on ZLCS. We started a long position in CPST with some of the funds. CPST trades with a forward P/E of 17, has a 30% to 40% yearly growth rate. 25% of the float is short = over 50M shares.
The tweet 6/19/2012 1:40pm(Jeremy Richards ‏@JeremyRichards9
$ZLCS, sold 50% of a long position above $1.50 locked in 50%, Sold 50% of ARNA today at $10+. New long in $CPST

Some good DD by a dedicated investor>
Many investors have patiently waited for CPST stock to rise to rewarding levels only to be disappointed with a downward bias to the price. The major impetus for CPST will be the clarification to analysts and fund investors that the low price of natural gas vis a vis oil is actually a plus. Many have miscalculated that the slowdown in the natural gas industry due to overabundance has hindered and will hinder CPST turbine sales. A large portion of CPST sales comes from the oil and gas industry. Domestic oil exploration is increasing and most gas drillers have not used CPST technology. The macroeconomics of low natural gas prices is propelling CPST sales. New U.S. federal regulations on flaring and most recently the new Russian flaring regulations will add fuel to CPST sales. CPST is expanding globally as natural gas transitioning becomes more viable as the spread between oil and NG remains wide. CPST has morphed itself into a natural gas company. Thus, low gas prices have a positive impact on CPST sales. As more investors become aware of this potent macroeconomic fact, we should experience the stock price moving higher. It does not matter if a democrat or a republican wins the White House nor their political representation in congress. The U.S. as well as other global companies are seeing low natural gas prices as the most convenient way to transition away from more expensive fuel oils. Natural gas is the premier fuel for CPST turbines. Therefore, think of the company as a natural gas company selling its turbines to burn the most cost effective fuel. The price spread between oil and natural gas is the major propellant for the stock. We believe it is time to be invested, accumulate, and be patient.
United Nations will host the Rio+20: The Future We Want Conference on Sustainable Development.
The conference is June 20 – 22nd The company will share information on Capstone Turbine Corporation’s low emission microturbine technology.
RIO+20 is a big awarness for CPST.
“At the Rio+20 Conference, world leaders, along with thousands of participants from governments, the private sector, NGOs and other groups, will come together to shape how we can reduce poverty, advance social equity and ensure environmental protection on an ever more crowded planet to get to the future we want.
The United Nations Conference on Sustainable Development (UNCSD) is being organized in pursuance of General Assembly Resolution 64/236 (A/RES/64/236), and will take place in Brazil on 20-22 June 2012 to mark the 20th anniversary of the 1992 United Nations Conference on Environment and Development (UNCED), in Rio de Janeiro, and the 10th anniversary of the 2002 World Summit on Sustainable Development (WSSD) in Johannesburg.
The Rio+20 Conference It is envisaged as a Conference at the highest possible level, including Heads of State and Government or other representatives. The Conference will result in a focused political document.”
Good luck with your investments.
JR.
ON 3/27/12 We decided to sell some of holdings in RTK at $2.19 down to $2.14 when our chart technical analyst said it had topped out. We tweeted this under jeremyrichards9 also suggested people use a $2.10 stop loss. Our cost basis is $1.40 per share.
Jason, I hope your doing well? Question: Zacks currently rates Zalicus at Outperform with $3 price target. Have you considered changing the rating to Buy? Given the market cap size and cash on balance sheet along with the prospects for Zalicus surely its a bargain buy. MLV rates Zalicus at buy with $4 target. Wedbush has a $5 price target outperform rating.

I write in response to Mr. Feuerstein's uninformed, inflammatory and accusatory comments which are completely without merit. It is rather sad that the street.com allows such publications by "tabloid" journalists. Firstly, I run "A" Private Fund, not the California LLC Mr.Feuerstein mentions. It is "Private" and due to moral and professional considerations, I will not discuss the specific investors and/ or funds in the fund. Secondly, Mr. Feuerstein challenges that the MDs in my article are not verifiable. Had Mr. Feuerstein thoroughly read and comprehended my previous articles that he mentioned, he would have seen that a significant amount of Dr. Wurlitzer's background in my November 14, 2011 article which actually contains his name within the title. Finally, Mr. Feuerstein inaccurately alleges that stockholder names are published on Bloomberg. Mr.Feuerstein may be living in the archaic days when paper stick certificates were registered and held. In today's modern world, shares are traded electronically and are typically held in "street name" meaning they are held in the name of the brokerage house. Further, for a brokerage to disclose an individual's name and holdings to Bloomberg would be a violation of the Gramm-Leach-Bliley (GLB) act. SEC regulations require the investor (not the brokerage) disclosure when 5% or more is held. If Mr. Feuerstein does the math, an investor would need to hold over 3 times the quoted levels to meet the threshold required.
I sincerely hope that Mr.Feuerstein can focus on true market issues and focus on facts rather than propagating false and misleading information.
Stop loss set at break below $1.10.
Thanks. I appreciate your insight. The data is expected 2Q2012 per the company's presentation in January, 2012. Additonally, it should be noted that I try to be conservative in my analysis and therefore assumed relatively low pricing and price/sales multiple.
Wunderlich has made some bad calls, one being on December 8, 2011, Wunderlich Securities downgraded MEMC Electronic Materials (WFR) from Buy to Sell. Since the sell rating WFR has seen its stock price rise 45%.
Any person that is posting negative remarks = IS simply holding short. What is sad and wrong is investors that sell at loss based on false misleading information.
I do my best to provide honest facts. I do not get paid to do this. I deleted over 70 stocktalks with my views and alerts.
People that buy a stock based on a fresh article from me will more than likely see a gain. Its up to you to decide when to buy or sell.
My Track record shows gains on 80% of stocks the fund has invested in along with articles published. AEZS we started at $1.15 hit $2.68.
LVLT we started at $1.05 hit $2.67 we locked in a 63% gain.
ZLCS started at $1.29 hit $3.21 we sold for 110% gain then bought back and stopped out with a 25% loss and held a gain of 85%.
RTK we started at $1.05 hit $1.48 sold with a 20% gain.
RNN started at $1.30 hit $1.90 stopped out with a 25% gain.
PWAV started at $1.63 hit $4.87 we gained 175%.
VG started at $1.40 hit $5.39 sold with a 145% gain.
VLNC started at $1.39 hit $1.84 sold for a 20% gain.
VICL we started at $2.73 went to $2.90 we broke even.
EXTR we started at $3.75 hit $4 we stopped out at $3.45 lost 8%.
KERX we locked in a 40% gain.
I don't need to go on. Any person can go view the stocks when I first wrote about. View the date and price and then chart them after to see gains.
FACT ! The fund I manage holds a 63% gain for this year. I have spoken with Dow Jones news pr and Reuters in regards to my KERX,VG and PWAV articles. I have also spoken with the CEO's of most of the companies. I publish articles on seekingalpha not for my own gain but for what I believe in. I also post stocktalks ahead of time letting investors know I will be writing an article.
We do NOT sell positions when the articles are published.
5/31/11 Level 3 $2.46 was a 52 week high. Plantseeds I am sure you covered your short position. Such a shame you didn't have the brains to invest and make 100% to 125% in 9 months on Level 3.
Lets see you become a contributor. My articles have helped individuals make over 300% gains. I have had many people thank me. (VG) (seekingalpha.com/symbo...) (seekingalpha.com/symbo...) (seekingalpha.com/symbo...) (seekingalpha.com/symbo...) (seekingalpha.com/symbo...) (seekingalpha.com/symbo...) (seekingalpha.com/symbo...) (seekingalpha.com/symbo...).
I have an 80% reward ratio track record.
And the question is did you take your own advice? On Mar 17, 2011 You said Go Short when I said BUY LVLT and it was $1.27 then. Now $2.33.
So I was off by 6 weeks. 12 weeks later LVLT 50% gain $1.65 high.
CORRECTION - of the stocks listed above, I am long EXTR and FFIV.

AEZS has scheduled a presentation on two of the Company's novel anticancer compounds, AEZS-108 and AEZS-129, at Bio Partnering North America on Monday, February 28, 2011, at 4 p.m. (Pacific Time) in the West Meeting Room 218, of the Vancouver Convention Center in Vancouver, Canada. Rumor is AEZS will possibly announce the Asian partnership deal next week at this conference.
CORRECTION ERROR: (This week AEZS had Versant analyst raise his price target:)
Should read: This week Versant analyst raised his price target on AEZS.
My apologies. Great to read your stuff. Very good info indeed. I will e-mail you.
9/13/10 (CYCC) Reached Agreement With FDA On Special Protocol Assessment For Pivotal Phase3 Trial Of Sapacitabine In AML.
CYCC was at a $1.98 High on Monday on PHASE3 News. I am putting together a research report on why I believe CYCC is now a BUY. Look for my article this weekend.
Well maybe you should write an article on AEZS.
plantseeds Your NOT long LVLT!
Institutions trade a decent % of level 3. Markets have sold off and Institutions keep buying level 3 than selling.
ADDED NOTE:
Back on 7/14/010: from benzinga com: Upside Purchased on Level 3 Communications (LVLT)
Shares of Level 3 Communications (NASDAQ: LVLT) are higher on the session by 1.79%, currently trading at $1.14. The stock has been moving largely lower over the past three months, off from recent highs near $1.75.
Options traders are buying calls on the name today. The December $2.50 call was purchased 1,000 times, on the offer, for $0.10 earlier in the session. Open interest on the strike is 7,338 contracts. Call volume is now running at 5.03x the daily average.
I disagree with the asessment of net margins. If you take net income attributable to shareholders for 1Q2009 and divide by gross revenue, it is 3.5%. The same calculation for 1Q2010 yields 5.2%, which is approximately a 50% increase in net margin.
To quote Mr. Wu on his earnings commentary dated May 5, "...severe shortage in driver IC across the board. The unfulfilled demands are at levels far above what we have experienced. The shortage has resulted in an increase in our cost of revenues and we are raising our selling prices to offset such impacts." This was mentioned in my article above. Furthermore, per Mr. Wu, "We believe the shortage situation is to the advantage of leading players such as ourselves who have already enjoyed solid access to a relatively large pool of capacity. Additionally, we have established critical long-term partnerships with many of the key suppliers in the industry. Therefore, we are confident that our relative competitiveness will strengthen in this new industry environment."
This year, it seems the dividend was delayed because they first had to confirm the result of the recap plan (TWSE listing). You will notice the dividend was announced together with its finalization. Considering that they have already made substantial investments and that they are debt free, I am not concerned about the dividend at this time. Additionally, the company is a growth company, so the dividend is just icing on the cake.
Per today's data on Yahoo Finance, I show the following:
Fidelity Small Cap Stock Fund owns 10.32%, Magellan owns 2.16%, Dividend Growth owns 1.26%, Advisor Dividend Growth owns 0.13%. Also note FMR, LLC discloses institutional ownership of 14.62%.
Very nice to read.
It's hard to give an exact cost as there are many variables. However, per the 10-K filed March 25th, "We currently anticipate that our cash, cash equivalents and investment securities as of December 31, 2009, exclusive of our auction rate security investment, anticipated milestones to be received, and expected exercises of expiring options and warrants, are sufficient to meet our anticipated working capital needs and fund our business plan for approximately 20 to 24 months from December 31, 2009."
THIS ARTICLE SHOULD READ SAME AS MY INSTABLOG
As promised in my previous article, I write to update investors on Vonage (VG). Aside from the potential of a Vonage Takeover, many exciting developments have taken place for Vonage over the past quarter:

Release of Apple iPad- On March 19, 2010, Vonage announced the grant of a virtual phone number patent. This is a second patent, a critical development that broadens Vonage’s customer base at the time of the release of the iPad. The patent No. 7,680,262 - titled Method and Apparatus for Placing a Long Distance Call Based on a Virtual Phone Number, allows consumers to communicate to distant locations without incurring long distance or international calling charges. Vonage customers can choose a virtual phone number in the calling area of a relative, friend or a place of buisness. Virtual phone numbers are available in more than 17 countries.
Apple (APPL) and AT&T (T) had a secret agreement to ban apps that would let iPhone users make phone calls using the 3G data connection to prevent cutting into AT&T’s profits. That agreement was revealed in summer of 2009 when the FCC asked Apple and AT&T to explain why Google’s (GOOG) Voice app was rejected from the iPhone store.
After the FCC announced it was planning to extend internet openness rules to mobile networks, AT&T in October 2009 announced it would extend VOIP to 3G networks for the iPhone. It appears that AT&T’s policy change is coming into effect. Vonage’s App Store was approved by Apple in September, 2009 and Vonage’s service is currently available on the iPhone. And, because the iPad has a microphone and runs iPhone Apps, Vonage will certainly be available on the iPad.

Success of Introductory $14.99 Promotion for 6 months – Yesterday, I spoke with a representative of Vonage regarding their recent sales. He indicated that the promotion has “greatly exceeded expectations.” This is exciting news for Vonage, especially at a time, when the landscape of cellular is changing to enable VOIP apps, signaling a new era for companies such as Vonage. As cellular networks are becoming faster, the quality and lure of VOIP is increasing as an alternative or supplement to cellular. Additionally, Intel (INTC) and other partners (Samsung, Nokia (NOK), etc) have been developing WiMax, which would broaden the VOIP market even further. Some research reports estimate that Vonage will go to $4.00 in 2010.

Evidence that Vonage has a sustainable business model – As we have witnessed in Vonage’s earnings release, they beat analyst’s estimates for the second consecutive quarter. Not only has Vonage been luring customers from the traditional land line based services, but now they are rapidly entering into the cellular market. This increases the likelihood of a takeover of Vonage. I would expect that cellular providers and traditional phone companies would be interested in Vonage.
Chart technical indicators are 80% bullish. Vonage looks ready to rise to the 50 day moving average area of $1.48 and could see the $1.80 area ahead of its earnings. I expect Vonage will test its 52 week high of $2.63 over the next 6 to 9 months. I believe now is a good time to buy Vonage currently trading at $1.37. Watch for new analyst coverage and new institutional buying.

I expect Vonage investors will see some exciting news soon. Stay tuned.
Disclosure: Long,VG,APPL,GOOG no other positions in stocks mentioned
Themes: APPL, GOOG, INTC, T, NOK Stocks: VG
Added notes: VG is trading at very low price to sales ratio of just 0.32. VG has a forward P/E of 29. Given the current price of $1.43 I believe VG is currently undervalued by 50% at this time.
I expect analysts will upgrade VG this year and place $2 to $4 price targets on the stock.
VG investors might wake up one morning to see a takeover offer. You never know VG could fetch as high as $7 on a buy out offer based on a sales to price ratio of 1.5. I would expect to see $3 to $4 on a more realistic view point.
In 2009 I was lucky with 3com (COMS) I picked that in the low $2 range and I sold it for $7.50 on the buyout of $7.90.
kmk AMTD was in talks before and I believe are again. ETFC's current stock price doesn't reflect the expected return to growth. I am told CITADEL is done selling.ETFC bank is off life support and has value again. ETFC should see an analyst upgrade or bullish note very soon.
On Nov 12 04:04 PM kmkkmk wrote:
> JANA Partners were pressuring AMTD to merge when ETFC was at $25.
> If AMTD would have caved to the pressure and merged at that time,
> it would be AMTD stock in the dumper instead of ETFC. I'm not sure
> I would be using the "wisdom" of Jana Partners to support my thesis.
Added note: ETFC board of directors scrapped a Stockholder Rights Plan that was essentially a "poison pill" set up in 2001 to prevent a hostile takeover of the company.
"The Rights Plan elimination improves corporate governance, while also increasing the likelihood of the company's eventual acquisition," said Matthew Albrecht, a financials analyst at Standard & Poor's Equity Research.
Also CEO is set to step down by years end. It all adds up.
I'm not paid to write articles. I am invested in ETFC and fully believe ETFC is the most undervalued financial stock on wallstreet.
Seems my rumor source was talking about old news: www.marketwatch.com/st...
SAN FRANCISCO (MarketWatch) -- Hedge funds SAC Capital and Jana Partners have taken an 8.4% stake in TD Ameritrade and have told the discount broker to pursue a merger with one of its rivals, according to a regulatory filing by the company on Tuesday.
TD Ameritrade /quotes/comstock/15*!amtd (AMTD 19.42, -0.46, -2.31%) said in the filing that industry consolidation is an important consideration of its board and noted that the board has formed a mergers and acquisitions committee that includes three outside, independent directors.
The company also said that it has expressed interest in the past in growth through mergers or acquisitions, but at the right time and if it can find the right "strategic fit."
TD Ameritrade shares jumped almost 10% to $21.87 during after-hours trading on Tuesday.
The discount brokerage business is dominated by Charles Schwab /quotes/comstock/15*!schw (SCHW 17.94, -0.16, -0.88%) , TD Ameritrade and E-Trade Financial /quotes/comstock/15*!etfc (ETFC 1.66, -0.01, -0.60%) . There has already been consolidation, but this year speculation about more deals has resurfaced. TD Ameritrade stock has jumped more than 30% during the past two months, while Schwab shares are up at more than 15% and E-Trade more than 10%.
E-Trade stock gained more than 3% in late trading on Tuesday, while Schwab shares rose 1.4%.
SAC, one of the largest hedge fund firms in the world run by Steven Cohen, and Jana, a big fund with an activist bent managed by Barry Rosenstein, have sought regulatory approval to buy more TD Ameritrade shares worth over $600 million, the company added in the Securities and Exchange Commission filing.
"TD Ameritrade can dramatically increase long-term shareholder value through a combination with E-Trade Financial or Charles Schwab," Cohen and Rosenstein wrote in a letter to the company's top executives and its board of directors.
I still believe AMTD will buy ETFC in the future as do many analysts.
Monday & Tuesday ETFC should see gains ahead of earnings.
FRESH RUMORListen UP ETFC investors. I just spoke with fellow trader who said he heard a rumor from Sandler O'Neill "TDAmeritrade mergers & acquisitions department is suddenly very busy. Company's top executives andits board of directors received a letter from AMTD hedge fund clients.

The letter suggests AMTD can dramatically increase long-term shareholder valuethrough a combination with ETFC.
NOTE: This is a rumor until its confirmed it is not!
Maybe next week a Takeover happens?
Long:ETFC