MMTC has made a strong move over the last 2 weeks and is once again pushed above resistance. Now we are looking for this level to hold and establish a solid uptrend for the long term. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=395 Let us hear your thoughts below:
Sun Hydraulics Corp. is a leading designer and manufacturer of high-performance, screw-in hydraulic cartridge valves and manifolds for worldwide industrial and mobile markets. The company recently reported its first quarter 2010 results for the three months ended April 3, 2010. The company's net sales came in at $31.6 million, a solid increase of 25 percent from the $25.2 million reported for the three months ended March 28, 2009. Net income for Sun Hydraulics came in at $3.3 million for the period ended April 3, 2010. This is an exceptional increase of 450 percent from the $0.6 million which was reported…
ADDvantage Technologies Group Inc., provider of service and equipment for the cable television industry, has announced results for the three and six month periods ending March 31, 2010. Revenue for the three month period ending 3/31/2010 was $12.1 million, compared to $10.1 million for the same period last year, representing an increase of 19%. Net income for the period (attributable to common stockholders) was $1.1 million, compared to $0.7 million for the same period last year, representing an increase of 57%. For the six month period ending 3/31/2010, revenue decreased slightly to $22.3 million from $22.9 million for the same…
Sino Assurance Inc. reported net income of $586,000, or $0.01 per share, for the first quarter of 2010. This compares to earnings of $14,749, or $0.00 per share, a year earlier. The company's revenue totaled $1.9 million for the quarter, compared to $727,000 in the same quarter of 2009. The management of Sino Assurance Inc. attributed the high revenue growth to the presence of higher cash balances in its cash advance guarantee business. Sino Assurance Inc. reported no short term or long-term debt as of 3/31/2010. The company had cash and equivalents of $6.8 million, but almost all the cash…
Tianyin Pharmaceutical Co., Inc. reported net income of $15.9 million, or $0.09 per diluted share, in the third fiscal quarter of 2010. The company earned $1.9 million, or $0.08 per diluted share, in the corresponding quarter in fiscal 2009. Tianyin Pharmaceutical Co., Inc. reported revenue of $15.9 million in the third fiscal quarter of 2010. This was 60% higher than the $9.9 million reported in the same quarter last fiscal year. Management of Tianyin Pharmaceutical Co., Inc. attributed the strong revenue growth to expansion of the company’s sales channel and higher utilization of its manufacturing facility. Dr. Jiang, Guoqing, the…
GEVI recovered nicely from the long lower shadow a few days ago. $.12 is holding as support and we are looking for a longer term reversal at this point. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=394 Let us hear your thoughts below:
Ivanhoe Energy Inc. released an operational update on the various oil and gas properties in its worldwide portfolio, including ongoing projects in Canada, Ecuador, and China. Ivanhoe Energy Inc. is developing the Tamarack Project, an oil sands operation in Alberta, Canada. The company is using steam assisted gravity drainage (SAGD) technology to develop the properties. Ivanhoe Energy Inc. completed its 29 well delineation program during the first quarter, and will file permits in mid 2010 to begin the project. Ivanhoe Energy Inc. spent $17.9 million on the Tamarack Project in the first quarter of 2010. Ivanhoe Energy Inc. is developing…
Evolution Petroleum Corp. reported a net loss of $531,000, or ($0.02) per share, in the third fiscal quarter ending 3/31/2010. The company lost $1.0 million, or ($0.04) per share, in the same quarter of 2009. Evolution Petroleum Corporation reported an 11% increase in revenues on a year over year basis, from $1.16 million in the third fiscal quarter of 2009, to $1.29 million in the quarter just ended. Evolution Petroleum Corporation reported a decline in production on a sequential and year over basis in the third fiscal quarter. The company reported oil and gas production of 319 barrels oil equivalent…
One company that has started to catch the attention of investors is the Rostock Ventures Corporation. Located in San Diego, California, Rostock is a development stage company that has acquired the mineral rights to multiple gold prospects within North America. Today, Rostock announced it has acquired an exploration license to a past producing gold mine. The property Rostock has acquired a license for is located in Hants County, Nova Scotia Canada in an area generally known as the Central Rawdon Mines. There is historic data which indicates that these mines produced 6,744 ounces of gold from 5,335 tons of crushed…
Paradigm Oil and Gas Inc. announced yesterday that they contracted Oil Chem Technologies to formulate the surfactants required for use in the chemical portion of Paradigm's Enhanced Oil Recovery (EOR) work program. Paradigm announced the program on April 20th, 2010 and it is now underway on their Chelson property. The Company's corporate mission is to unlock and recover previously discovered oil using industry leading EOR technologies. According to Oil Chem, more than two trillion barrels of oil remains in place worldwide following conventional oil recovery. Oil Chem Technologies is a leader in surfactants and processes for chemical EOR. They perform…
