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Jeremy Richards

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  • Why AEterna Zentaris Is Worth Double [View article]
    My apologies. Great to read your stuff. Very good info indeed. I will e-mail you.
    Sep 17 11:40 AM | 1 Like Like |Link to Comment
  • Why AEterna Zentaris Is Worth Double [View article]
    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.
    Sep 17 11:16 AM | Likes Like |Link to Comment
  • Why AEterna Zentaris Is Worth Double [View article]
    Well maybe you should write an article on AEZS.
    Sep 17 10:58 AM | 4 Likes Like |Link to Comment
  • Reasons to Consider Buying Level 3 [View article]
    plantseeds Your NOT long LVLT!
    Aug 26 11:01 AM | Likes Like |Link to Comment
  • Reasons to Consider Buying Level 3 [View article]
    Institutions trade a decent % of level 3. Markets have sold off and Institutions keep buying level 3 than selling.

    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.
    Aug 20 05:37 PM | 1 Like Like |Link to Comment
  • Himax Technologies: A 400% Potential Upside? [View article]
    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."
    May 23 03:21 PM | 6 Likes Like |Link to Comment
  • Himax Technologies: A 400% Potential Upside? [View article]
    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.
    May 23 03:08 PM | 2 Likes Like |Link to Comment
  • Himax Technologies: A 400% Potential Upside? [View article]
    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%.
    May 23 03:01 PM | Likes Like |Link to Comment
  • Keryx Biopharmaceuticals Could Easily Triple Within the Next Year [View article]
    Very nice to read.
    Apr 12 03:08 PM | 1 Like Like |Link to Comment
  • Keryx Biopharmaceuticals Could Easily Triple Within the Next Year [View article]
    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."
    Apr 11 01:45 PM | 1 Like Like |Link to Comment
  • Vonage Could Be a Possible Double [View article]

    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
    Apr 5 08:07 AM | Likes Like |Link to Comment
  • Is Vonage a Takeover Play? [View article]
    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.

    Mar 15 11:21 PM | 1 Like Like |Link to Comment
  • E*Trade: Potential Ameritrade Merger Makes Sense for Both Companies [View article]
    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.
    Nov 12 04:40 PM | 2 Likes Like |Link to Comment
  • E*Trade: Potential Ameritrade Merger Makes Sense for Both Companies [View article]
    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.
    Nov 12 08:39 AM | 3 Likes Like |Link to Comment
  • E*Trade: Very Undervalued [View article]
    Seems my rumor source was talking about old news:

    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.
    Oct 23 06:41 PM | Likes Like |Link to Comment