Fritz Hottinger's  Instablog

Fritz Hottinger
Send Message
Fritz Hottinger (a pseudonym) is a graduate of Northwestern University, with MBA from University of Chicago. While getting his MBA, he was fortunate to be trained under Harry Roberts (statistics) and Roger Ibbotson (stock market theory) when computers were in their infancy. These professors... More
My company:
Hottinger Capital Consulting, LTD
  • OCLR: A Penny Stock for Tuesday, 7/28 0 comments
    Jul 28, 2009 9:18 AM | about stocks: OCLR, VIAV, FNSR, OPXT

    Dear Fellow Investor,


    We do not usually recommend stocks, particularly penny stocks.

    But when OCLR closed at $0.57 on Monday 7/27, well below its Entry zone, it prompted us to investigate.    Here is what we found:

    ü      Strong Balance Sheet

    ü      No Long Term Debt

    ü      G and A dropping quarterly, over last 4 quarters

    ü      Cash Flow positive 3 of last 4 quarters

    ü      Revenue up $66.9 mil vs $41.2 mil quarter over quarter

    ü      Gross margin up 25% vs 21% quarter over quarter

    ü      12 Month Net Loss $3.1 vs prior year $14.0


    What’s not to like?   

    ü      OCLR carries a beta of 3.9,

    ü      has very significant competitors in JDSU, FNSR, OPXT,

    ü      and most significantly, has no earnings.


    Given all the above, we still would consider OCLR a Buy for Tuesday at price between $0.61 and $0.57 - - - and we would look to Sell above $0.71, for a gain of 25%.  Note: that Exit zone is certain to change over time.


    DYODD  (Do your own Due Diligence) this is just one man’s opinion.

    Author holds no positions in any of the above at this date.


    Stocks: OCLR, VIAV, FNSR, OPXT
Back To Fritz Hottinger's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • Re $SAND If so, then market may be thinking there are more over-valued assets on the books.
    Oct 10, 2013
  • Is $SAND problem simply one of the losses posted last 2 quarters - - - something like 25 - 30 million in total write-downs?
    Oct 10, 2013
  • Swing-trading the CTL's see my Home Page for recent results
    Oct 6, 2009
More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.