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The GeoTeam
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At GEO, our focus is on providing high quality insights on mid and micro cap equities, both in the China and U.S. spaces. Since our inception, we have come to be known by our GeoBargain selections, a group of stocks with a specific set of criteria that has proven to help them perform better than... More
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GeoInvesting, LLC
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GeoInvesting Blog
  • Trading Opportunities You May Not Want To Miss 0 comments
    Aug 13, 2009 11:49 AM | about stocks: CHLN, RICK

    The Geoteam is keeping a close eye on the following stocks and may consider taking positions.

    China Housing & Land Development (NASDAQ:CHLN) reported 2009 second quarter financial results. The Company exceeded estimates on a non-GAAP basis.  Non-GAAP earnings per share were $0.10 vs. an $0.08 estimate.  The company also beat revenue estimates. The stock is down and may offer a trading opportunity.

    Yesterday, The GeoTeam® coded Ricks Cabaret (NASDAQ:RICK) as a GeoBargain. The reason we made this decision was due to full year September 2010 analyst estimates that show 51% growth in earnings per share and an associated low PEG ratio of 0.28.   Its possible that that stock may experience short term resistance due to the fact that growth will not be significant until 2010. GeoTeam is taking a small position in the stock.   Please note that RICK currently meets only 6 of 10 GeoBargain criteria.

    Smith Midland (OTCQB:SMID), involved in the concrete product industry reported significant increase in second quarter EPS. EPS increased 275% to $0.15  and 10% increase in revenue. This follows the second consecutive quarter of significant top and bottom line growth. The GeoTeam has monitored this Smith Midland for several years, but felt the company lacked consistency in growth. We are attempting to ascertain how the Company has been able to post solid growth during a weakened economy. Comments from the second quarter press release indicate that the U.S. stimulus package will benefit Smith Midland in the near future. A final investment conclusion can not be made until management is interviewed  However, with a PE of 5, a price of $1.85 and two solid quarters of growth a small investment in SMID may offer a favorable risk reward tradeoff. The GeoTeam may attempt to take a position in SMID in today's trading session.

    Source: GeoInvesting.com

    Themes: Day trading Stocks: CHLN, RICK
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