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John Leonard

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  • Buy FieldPoint Petroleum Before Somebody Else Does [View article]
    FPP exceeds price target after positive news re the Ranger Project well.
    Apr 19 08:45 AM | Likes Like |Link to Comment
  • Escalon Medical Is An Overlooked Ophthalmology Pure Play On The Verge Of Profitability [View article]
    Re the price target, pull up an intraday 1 minute chart of the early morning price action - there was sufficient volume to exit at the target price. Another reader asked the exact same question re another stock that reached my price target months ago - I gave a similar although much more detailed response. In the interest of brevity, I'll sum up that really long comment below:

    I said ESMC would reach 2.20. It did. And in less than two months. If there was a GTC limit sell order you would have been virtually guaranteed to be filled (there are no absolutes in this business). The fact that price only briefly reached the target is irrelevant. Moreover, if you ask 10 people for a definition of "briefly" as it relates to trading time frames you'll probably get 11 different answers.

    Re the increasing sales and marketing costs, this is a "necessary evil" that will obviously result in short term pain (e.g. lower operating margins) in return for a larger and longer term gain (e.g. higher market share, top/bottom line growth).
    Apr 16 05:58 AM | Likes Like |Link to Comment
  • SmartPros Is A Textbook Deep Value Opportunity [View article]
    SPRO up 35% on ~43x ADV - also the highest volume in history - on no "known" news. This is obviously significant, especially given the history of large intraday (and lower volume) spikes that never lasted until the closing bell.
    Apr 14 04:04 PM | Likes Like |Link to Comment
  • The Good Times Should Get Even Better For Good Times Restaurants [View article]
    GTIM consolidating after recent conversion (yet another piece of recent bullish news flow). Look for breakout above ~3.10 resistance area (http://bit.ly/1koNhRS).
    Apr 14 10:35 AM | Likes Like |Link to Comment
  • Signature Group Holdings: Attractive Post-Bankruptcy Play With No Analyst Coverage [View article]
    SGGH finally breaking out - next stop ~11.50.
    Apr 14 10:19 AM | Likes Like |Link to Comment
  • Speed Commerce: Transition From Distribution To E-Commerce Is An Overlooked Catalyst [View article]
    In the spirit of occam's razor, I'm going to attribute most of the decline to the pullback in the overall market (e.g. SPX peaked around the time as the announcement).
    Apr 10 12:57 PM | Likes Like |Link to Comment
  • Noranda Aluminum Is An Attractive Way To Play The Eventual Rebound In Aluminum [View article]
    Positive news from AA tonight - ~10 yr AL surplus ending - more gains in store for NOR after the stock more than doubled since publication (http://bloom.bg/1heTa3D).
    Apr 8 09:42 PM | Likes Like |Link to Comment
  • Asset Sales At Video Display Should Narrow The Disconnect Between Book And Market Value [View article]
    Lexel Imaging finally sold.
    Apr 5 08:27 AM | Likes Like |Link to Comment
  • Bullish Outlook For VSE Corp Still Intact Despite Recent Challenges [View article]
    VSEC reaches target after breaking above resistance at ~52.
    Apr 5 08:11 AM | Likes Like |Link to Comment
  • Forward Industries Is A Stealth Diabetes Play [View article]
    FORD reaches target after 22% gain on Monday.
    Apr 5 08:01 AM | Likes Like |Link to Comment
  • Escalon Medical Is An Overlooked Ophthalmology Pure Play On The Verge Of Profitability [View article]
    ESMC reaches target after receiving FDA 510 (k) clearance for VuPad (cited in article as a near term catalyst).
    Apr 5 07:57 AM | Likes Like |Link to Comment
  • The Ongoing Turnaround At Sino-Global Shipping America Creates An Attractive Special Situation [View article]
    New agreement with one of the industry's largest players (PENAVICO) should provide incremental revenue growth and margin expansion (http://bit.ly/1hfsYGV). The initial significant gain turned into a more muted one (though still ~5%) as the market declined throughout the day. Look for a delayed bullish reaction next week.
    Apr 5 07:40 AM | Likes Like |Link to Comment
  • Rand Capital Trades At A Significant Discount To Its Growing Book Value [View article]
    BA buying a supplier validates thesis involving sale of Gemcor (http://reut.rs/1effHID).
    Apr 4 09:56 AM | Likes Like |Link to Comment
  • The Rapid Growth Story At Iteris Is Only Just Beginning [View article]
    On the conference call management projected organic growth for the upcoming quarter. They did not go out to 2018 (or 2105; =2014+91). Although it'd be funny to hear someone ask on the next call, "great quarter guys, just looking for some color on your tax rate for 2105".

    ITI should easily be able to increase revenue by 10% over the next year with bottom line growth being multiples of that, which would be consistent with the recent trend. The normalized bottom line run rate is significantly higher absent elevated iPerform spending.
    Apr 4 06:29 AM | 2 Likes Like |Link to Comment
  • Speed Commerce: Transition From Distribution To E-Commerce Is An Overlooked Catalyst [View article]
    My own $0.02 USD is that SPDC settles for a fraction of what Graffiti thinks they're owned and the lawsuit will be behind them. The resolution of these type of suits can be a significant catalyst as they are often not nearly as bad as initially feared - see APC today - although the latter obviously faced a larger financial threat.
    Apr 3 07:46 PM | Likes Like |Link to Comment
COMMENTS STATS
647 Comments
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