Investing Online

[007]

Originally Posted by Skye

I bought some yesterday.

Good luck. We need it. Price/book ratio is now 1.40 ($1.24/$.888). This appears to be a solid company. Only the X factor is bringing it down. The problem is that no one knows what X is.

Positives
*Solid growth
*Great balance sheet
*Not involved with Chinese wheat glutine problem
*+60% insider/institutional holdings

I've been wrong before, but in my opinion, I'm looking for a sharp turn-around in July or August.

[capt_nemo]

or something to get her going LOL

Share Statistics
Average Volume (3 month)3: 183,138
Average Volume (10 day)3: 232,238
Shares Outstanding: 53.82M
Float: 17.20M
% Held by Insiders4: 64.49%
% Held by Institutions4: 1.30%
Shares Short (as of 10-Apr-07)3: 451.94K
Short Ratio (as of 10-Apr-07)3: 2.3
Short % of Float (as of 10-Apr-07)3: 0.90%
Shares Short (prior month)3: 456.87K

[007]

Institutions bought a net total of 133,578 shares for the last month per the Cohen Research Group. That's roughly $200,000 of institutional money coming in.

Cohen Independent Research Group - Stock Research, Stock Market, Stock Investing, Stock Investment, Financial Advisor, Equity


Date ---- Shares Bought - Shares Sold - Shares Held - Institutions (#)
2007/05 ---- 155,100 --------21,522 ----- 857,731 --------11
2007/04 ---- 164,045 ---------- 0 ------- 812,820 ---------9

[capt_nemo]

Originally Posted by capt_nemo

or something to get her going LOL

Share Statistics
Average Volume (3 month)3: 183,138
Average Volume (10 day)3: 232,238
Shares Outstanding: 53.82M
Float: 17.20M
% Held by Insiders4: 64.49%
% Held by Institutions4: 1.30%
Shares Short (as of 10-Apr-07)3: 451.94K
Short Ratio (as of 10-Apr-07)3: 2.3
Short % of Float (as of 10-Apr-07)3: 0.90%
Shares Short (prior month)3: 456.87K

Share Statistics
Average Volume (3 month)3: 156,001
Average Volume (10 day)3: 82,469.2
Shares Outstanding: 53.82M
Float: 21.50M
% Held by Insiders4: 64.49%
% Held by Institutions4: 1.40%
Shares Short (as of 10-May-07)3: 407.42K
Short Ratio (as of 10-May-07)3: 3.1
Short % of Float (as of 10-May-07)3: 0.80%
Shares Short (prior month)3: 451.94K

[007]

Why is the NWD thread constantly spammed??
I'm just trying to make a little money on a Chinese noodle company here!!

[capt_nemo]

Originally Posted by 007

Why is the NWD thread constantly spammed??
I'm just trying to make a little money on a Chinese noodle company here!!

A noodle company Weeeeeeeeee whatever makes a buck man!!!

[007]

July 1 update:

It's about 5 weeks until 2Q financials will be out. Yahoo has NWD book value at .88/share. Fidelity (which adds redeemable preferred stock to the bottom line) gives NWD a .97 book value. Everyone continues to panic sell over: China export scare and bloated stock options. The short interest dropped 27,118 shares to 380,306 last month. As mentioned, institutional shares are rising, also. Any worries about China exports can be put to rest by NWD's HACCP certification. About exports: I believe that the new exports have not shown up on the income statements yet. Also, the high margin ginger powder may give NWD a boost. 2Q numbers are critical to NWD's recovery. They needn't be spectacular, they should just avoid any negative derivitives. Remember, Mak doesn't profit from his new options if the stock stays below $1.82; and although they don't expire for awhile, he flipped his last compensation in a year or two. I'm averaged at $1.40, so I'm not liking $1.18 at all. But if you are new to this stock, $1.18 looks pretty awesome. Shorts are covering, institutions are buying, this is a buy and hold. As far as seasonality goes, the second half of '07 might be good. I'm looking for 2Q numbers to give NWD a shot in the arm and start a reversal.

[007]

Institutional pruchases in June increased 58% versus purchases made in May!! That's roughly $300,000 of shares bought last month.
Cohen Independent Research Group - Stock Research, Stock Market, Stock Investing, Stock Investment, Financial Advisor, Equity

Date ---- Shares Bought - Shares Sold - Shares Held - Institutions (#)
2007/06 ---- 246,400 ------- 21,522 -----956,031 -------- 11
2007/05 ---- 155,100 ------- 21,522 ----- 857,731 ------- 11
2007/04 ---- 164,045 ---------- 0 ------- 812,820 -------- 9

$1.15 support has been tested with heavy volume 3 or 4 times. It appears to be the bottom.

[capt_nemo]

have the trash picked this thread to post their smut?? LOL

[007]

Originally Posted by capt_nemo

have the trash picked this thread to post their smut?? LOL

Probably because even spammers know NWD will ROCK!!!
Thanks for keeping it clean.