Stock Hideout - Large Market Capitalization http://www.stockhideout.com en Fri, 20 Nov 2009 22:00:41 GMT vBulletin 1 http://www.stockhideout.com/images/vuel/misc/rss.jpg Stock Hideout - Large Market Capitalization http://www.stockhideout.com <![CDATA[CTDC CEO Meets with Chinese Government Officials [Post #30384]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=30384#post30384 Thu, 19 Nov 2009 13:59:52 GMT November 18, 2009 - China Technology Development Group Corporation (Nasdaq: CTDC; "CTDC" or "the Company"), a growing integrated clean energy group based in China to provide solar energy products and solutions, today announced that the Company’s Chairman and CEO, Mr. Alan Li had a meeting with Mr. Shi Dinghuan, Counselor of State Council of China and Director General of Chinese Renewable Energy Association ("CREA"), and Mr. Hao Yuan, Vice Governor of Gansu Provincial Government in Lanzhou on November 14, 2009.

China Technology Solar Power Holdings Limited ("CTSP") , whose 51% equity interest is to be acquired by the Company, entered into cooperation agreement with United Nations Industrial Development Organization International Solar Energy Center for Technology Promotion and Transfer ("ISEC-UNIDO") to co-establish the International Photovoltaic Application Laboratory (the "PV Lab") on the same day in Lanzhou.

Mr. Shi expressed warm congratulations to the establishment of the PV lab. He is hoping CTDC to become a leader in China’s solar power sector by making use of the resources advantages in platform of Hong Kong to enable the Delingha Solar Project and PV Lab to be the national demonstration solar project. According to his estimation, renewable energy will be one of the major energy sources and play a significant role in the entire energy field in the next couple of decades. "We have committed that non-fossil energy would account for 15% of total energy sources by 2020, which means great potential and opportunities for research and development of the renewable energy." added by Mr. Shi.

Mr. Hao said Gansu provincial government will offer a strong support to CTDC for the development of solar power plants in Gansu. "Gansu has an unparalleled advantage to develop and apply clean energy such as solar and wind. Gansu is also actively trying to take the lead in China’s solar and wind energy sector. There is a clear statement in a provincial development strategies recently announced by the provincial government that Gansu strives to achieve a total installed capacity of solar power plants for over 10GW by 2020. We do hope the provincial and local governments to keep working closely with other related parties to facilitate the application of solar energy. " commented by Mr. Hao Yuan.

Mr. Alan Li was very grateful of their congratulations and sincere hopes. He said, "We would cooperate closely with ISEC-UNIDO to make the PV Lab a world-class solar energy laboratory and enable the Delingha Solar Project to be a national demonstration solar power base in China."
http://www.chinactdc.com/templet/en_news.asp?id=785 ]]> Large Market Capitalization Valentine <![CDATA[CTDC CEO Meets Dr. Kandeh K. Yumkella, Director-General of UNIDO [Post #30383]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=30383#post30383 Thu, 19 Nov 2009 13:58:57 GMT November 18, 2009 - China Technology Development Group Corporation (Nasdaq: CTDC; "CTDC" or "the Company"), a growing integrated clean energy group based in China to provide solar energy products and solutions, today announced that Mr. Alan Li, CEO and Chairman of the Company had a meeting with a delegation led by Dr. Kandeh K. Yumkella, Director-General of UNIDO and Ms. Monica Oliphant, President of International Solar Energy Society (“ISES”) in Lanzhou, capital city of Gansu province.

Dr. Yumkella made this special trip to Lanzhou to attend the grand opening ceremony of International Solar Energy Center for Technology Promotion and Transfer of United Nations Industrial Development Organization (“ISEC-UNIDO”) and signing ceremony of the International Photovoltaic Application Laboratory (the “PV Lab”) jointly established by China Technology Solar Power Holdings Limited ("CTSP ") and ISEC-UNIDO.

On behalf of the Company and CTSP, Mr. Alan Li extended warm welcome to Dr. Yumkella and the fellow members of the delegation and expressed gratitude to UNIDO and ISES’s long-term support to solar energy development in China, “We are really hoping to leverage their strengths and resources to enable the PV Lab to become a world-class laboratory. As a result, we could make contributions to energy saving and emission reduction to reflect our support to the upcoming Copenhagen Climate Change Summit.”

“UNIDO is very supportive of great efforts on renewable energy made by Chinese government and will continue to fully back up the solar energy development and applications in China. Particularly, we hope to align with China to jointly transfer the technology of renewable energy to other developing countries in the future.” commented by Dr. Yumkella.

Ms. Monica Oliphant, President of ISES, also expressed her sincere support to the future development of ISEC-UNIDO. She thinks the achievement in renewable energy in China is a model for other developing countries. Also she calls upon all international organizations to facilitate the world’s only ISEC to improve the overall level of application technology of renewable energy such as solar energy in the developing countries. It will ultimately contribute to the human’s effort of environmental protection, clean energy development and sustainable development.
http://www.chinactdc.com/templet/en_news.asp?id=783 ]]> Large Market Capitalization Valentine <![CDATA[CTDC Announces PV Application Lab Set up with ISEC-UNIDO [Post #30382]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=30382#post30382 Thu, 19 Nov 2009 13:58:10 GMT HONG KONG - November 17, 2009 - China Technology Development Group Corporation (Nasdaq: CTDC; "CTDC" or "the Company"), a growing integrated clean energy group based in China to provide solar energy products and solutions, today announced that China Technology Solar Power Holdings Limited ("CTSP") entered into cooperation agreement with United Nations Industrial Development Organization International Solar Energy Center for Technology Promotion and Transfer ("ISEC-UNIDO") to co-establish the International Photovoltaic Application Laboratory (the "PV Lab") on November 14, 2009 in Lanzhou, Gansu Province.

Pursuant to the cooperation agreement, the PV Lab will be mainly engaged in the testing and certification of PV products such as solar modules and inverters, etc. Another major research focus will be on how to deploy PV products to build up on-grid and off-grid solar power systems at high altitudes areas. The Delingha 100MW grid-connected Solar Power Project developed by CTSP will become an important experimental base for the PV lab to provide data for scientific research of large-scale on-grid solar farms. In the meantime, the PV Lab will also undertake other domestic and overseas research projects on new energy applications. CTDC, CTSP and ISEC-UNIDO are all hoping the PV Lab to become a world-class laboratory and a National Quality Certification Center of Chinese grid-connected solar modules and application systems in the next few years.

A number of VIPs from United Nations Industrial Development Organization and government officials attended the signing ceremony, including Dr. Kandeh K. Yumkella, UNIDO Director-General, Ms. Monica Oliphant, President of International Solar Energy Society, Mr. Shi Dinghuan, Director General of Chinese Renewable Energy Association, and Mr. Yao Shenhong, Official of Ministry of Commerce of the PRC. Director of ISEC-UNIDO, Mr. Xi Wenhua will serve as Head of the PV Lab. Mr. Li Shun, Chief Engineer of CTSP, will be the Deputy Head to co-chair the operation of the PV Lab.

"We are very pleased with the establishment of the PV Lab between CTSP and ISEC-UNIDO, which will obviously enable us to take the leading role in Chinese PV market and is a major milestone for us. With the strong technical support from ISEC-UNIDO, this alignment will definitely strengthen our competitive advantages in PV market and keep us leading in the emerging and fast growing grid-connected solar power market." commented by Mr. Alan Li, Chairman and CEO of the Company.

UNIDO Director-General, Dr. Kandeh K. Yumkella also extended warm congratulations, "We are delighted to see the great efforts and achievement in solar energy application and deployment in China recently. UNIDO will deliver full support to the solar applications and development in China as China’s PV industry is experiencing an unexpected rapid growth."
http://www.chinactdc.com/templet/en_news.asp?id=781 ]]> Large Market Capitalization Valentine <![CDATA[Abk reports $856 million of surplus [Post #30367]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=30367#post30367 Thu, 19 Nov 2009 08:18:55 GMT Ambac Financial Group Inc. reported $856 million of surplus as of Sept. 30, more than double the second quarter's level, easing concerns the bond insurer would fall short of statutory minimums. ]]> Large Market Capitalization wonkxags <![CDATA[ABK [Post #30366]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=30366#post30366 Thu, 19 Nov 2009 08:10:49 GMT NEW YORK (TheStreet) -- Ambac Financial's bond-insurance unit fell short of capital requirements in Wisconsin for the second quarter and relied on misstated transactions to meet them, according to state's insurance regulator.

The subsidiary, Ambac Assurance, counted $520 million from transactions completed in the fourth quarter toward its third-quarter capital and surplus. Excluding that amount, its excess capital would have been $154.4 million as of Sept. 30, barely more than the $99.4 million minimum required by the Wisconsin Insurance Commissioner's Office.

Ambac Financial had raised the possibility that the subsidiary wouldn't meet minimum capital and surplus requirements. The company missed Monday's deadline to file the unit's financial statements and delayed submitting paperwork about its capital levels.

It became clear on Wednesday that Ambac Assurance had only $27.2 million in capital and surplus in June. The difference between the reported $305.6 million and the new figure is a $278.4 million understatement of credit default swap obligations, according to third-quarter filings with the state.

Ambac said in an 8-K filing on Wednesday it had reached a $520 million settlement of approximately $5 billion in terminated collateral debt obligations, which it included in its third-quarter results. However, these transactions weren't completed until the fourth quarter, according to regulatory filings.

That means the company overstated the $855.6 million of capital and surplus it said it had as of Sept. 30. Calls to Ambac weren't returned Wednesday.

Without these transactions, the company would have reported a capital and surplus amount of $336 million, which reflects a one-time $311 million recovery. Still, the insurer expects to receive $440 million in back-dated tax refunds, a measure approved Friday that will increase the capital and surplus.

If Ambac had failed the capital test, the Wisconsin Insurance Commissioner, Sean Dilweg, could have seized control of the company, triggering default clauses for loans and termination of credit default swap contracts. Ambac Assurance's operations are based in that state, and the parent company's headquarters is in New York.

Insurance regulators in Wisconsin "are working constructively with the Ambac board and management to evaluate strategic alternatives," Dilweg said in a statement. He declined to comment on the potential effect that any action may have on Ambac customers, creditors and shareholders.

The company's stock trades at less than $1. Two years ago, it traded for $26.

Reported by Gavin Magor in Jupiter, Fla. ]]> Large Market Capitalization wonkxags <![CDATA[ABK [Post #30365]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=30365#post30365 Thu, 19 Nov 2009 08:02:19 GMT Ambac Financial Group, Inc. Capital Exceeds Required Minimum; Shares Up-Reuters Wednesday, 18 Nov 2009 11:26am EST Reuters... Ambac Financial Group, Inc. Capital Exceeds Required Minimum; Shares Up-Reuters
Wednesday, 18 Nov 2009 11:26am EST
Reuters reported that Ambac Financial Group, Inc. said the statutory capital of its main unit was well above a regulatory minimum at the end of the third quarter, easing concerns that the company would fall short of funds and be at risk of being taken over by state officials. Shares of Ambac soared after the disclosure in a filing with the U.S. Securities and Exchange Commission. ]]> Large Market Capitalization wonkxags <![CDATA[VM - Virgin Mobile [Post #30327]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=30327#post30327 Wed, 18 Nov 2009 21:42:37 GMT Virgin Mobile has a chart that has become very bullish. On the 16th it showed a runaway gap up. And at the end of todays trading is showing three... Virgin Mobile has a chart that has become very bullish. On the 16th
it showed a runaway gap up. And at the end of todays trading is
showing three white soldiers and picking up volume along the way.
Worth checking out if you like a $5.00 stock imo. ]]> Large Market Capitalization DainBramage <![CDATA[SIRI [Post #30247]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=30247#post30247 Wed, 18 Nov 2009 02:57:30 GMT This company seems to be reporting a lot more good news than bad these days, so it may just find a way to nickel-and-dime its way there This company seems to be reporting a lot more good news than bad these days, so it may just find a way to nickel-and-dime its way there ]]> Large Market Capitalization alhigou <![CDATA[SGY [Post #30079]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=30079#post30079 Mon, 16 Nov 2009 07:40:41 GMT SGY is one of the best energy plays out there... I regret not loading up down in the 3's ... oh well !! ]]> Large Market Capitalization samedburns <![CDATA[SIRI [Post #30056]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=30056#post30056 Sun, 15 Nov 2009 17:10:11 GMT I had 80,000 shares at an avg price of $.11 that I dumped at $.27 .. oh well. I still think SIRI could make a pretty decent move, but with a multi... I had 80,000 shares at an avg price of $.11 that I dumped at $.27 .. oh well. I still think SIRI could make a pretty decent move, but with a multi billion share float it makes me wonder. :cool: ]]> Large Market Capitalization samedburns <![CDATA[Nifty Positional Trading System, www.niftypositional.webs.com [Post #29857]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=29857#post29857 Wed, 11 Nov 2009 11:34:38 GMT Profit 670 points,Just 1 Nifty Positional Call,If u want HUGE PROFIT in NIFTY,plz join with us,VISIT: Golden Nifty Positional Trading System - Home... Profit 670 points,Just 1 Nifty Positional Call,If u want HUGE PROFIT in NIFTY,plz join with us,VISIT: Golden Nifty Positional Trading System - Home ]]> Large Market Capitalization kpadhi <![CDATA[News released [Post #29846]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=29846#post29846 Wed, 11 Nov 2009 01:29:20 GMT Shares of bond insurer Ambac Financial Group Inc sank 33 percent on Tuesday after the company warned it may be forced to seek bankruptcy protection... Shares of bond insurer Ambac Financial Group Inc sank 33 percent on Tuesday after the company warned it may be forced to seek bankruptcy protection if it cannot fix its liquidity problems. ]]> Large Market Capitalization alhigou <![CDATA[ABK-Ambac Warns of Pooible BK. [Post #29841]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=29841#post29841 Tue, 10 Nov 2009 23:56:12 GMT UPDATE 1-Ambac shares sink as warns of possible bankruptcy Tue Nov 10, 2009 6:32pm EST * Ambac says could run out of liquidity by 2Q, 2011 *... UPDATE 1-Ambac shares sink as warns of possible bankruptcy
Tue Nov 10, 2009 6:32pm EST
* Ambac says could run out of liquidity by 2Q, 2011

* Ambac shares fall 33 pct, MBIA also off

* Ambac says may explore bankruptcy, possible prepackaging (Adds analyst, background, byline, updates prices)

By Emily Chasan
NEW YORK, Nov 10 (Reuters) - Shares of bond insurer Ambac Financial Group Inc (ABK.N: Quote, Profile, Research, Stock Buzz) sank 33 percent on Tuesday after the company warned it may be forced to seek bankruptcy protection if it cannot fix its liquidity problems.

"Ambac's available liquidity is currently insufficient to fund its needs beyond the near term and its failure to successfully execute on its current strategies could result in it running out of liquidity in the second quarter of 2011, or potentially sooner," the company said in a regulatory filing with the U.S. Securities and Exchange Commission late Monday.

Ambac said it may pursue strategies including "a negotiated restructuring of its debt through a prepackaged bankruptcy proceeding" as it tries to deal with its issues.

Ambac, like its larger rival MBIA Inc (MBI.N: Quote, Profile, Research, Stock Buzz), has struggled to write new business since losing its top-notch credit rating last year. The company is still battling losses on complex debt securities it insured.

"What's going to determine what happens with these companies is how quickly we're going to get an economic recovery," said Jim Ryan, a senior equity analyst at Morningstar in Chicago, who follows Ambac.

"For bond insurers and mortgage insurers, it really revolves around mortgage delinquencies and mortgage delinquencies continue to rise," Ryan added. "Until we start to see a turnaround in unemployment we expect there will continue to be a rise in delinquencies."

Shares of MBIA also fell almost 27 percent on Tuesday.

In the filing, Ambac said its liquidity is largely dependent on its Ambac Assurance unit's ability to pay dividends, which is not currently able to do and not expected to do in 2010 either, Ambac said.

Ambac said that if it is unsuccessful in its negotiations with creditors, it may consider a filing for bankruptcy without any agreements in hand from its creditors.

Ambac shares hit a low of 75 cents a share earlier and closed down 33 percent, or 39 cents, at 79 cents on the New York Stock Exchange. Shares of MBIA dropped $1.28 to $3.52 on the NYSE on Tuesday. ]]> Large Market Capitalization jav992 <![CDATA[Toreador Resources Corp.-TRGL [Post #29477]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=29477#post29477 Thu, 05 Nov 2009 02:02:11 GMT Toreador Resources Corporation operates as an independent international energy company. The company engages in the acquisition, development,... Toreador Resources Corporation operates as an independent international energy company. The company engages in the acquisition, development, exploration, and production of crude oil. It holds interests in developed and undeveloped oil properties in France. Toreador Resources primarily focuses on the Paris Basin Oil Shale. The company was formerly known as Toreador Royalty Corporation and changed its name to Toreador Resources Corporation. Toreador Resources was founded in 1951 and is headquartered in Paris, France.
Technically, TRGL has been showing support around $6.66 and resistance in the $10.97 range. The buy rating is set to 6.5 today with the $13.66 target price in short term.
9Trading -Technical Analysis,Top Stock Picks and Ratings,Amibroker Formulas ]]> Large Market Capitalization alhigou <![CDATA[SIRI perfect channel play [Post #29475]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=29475#post29475 Thu, 05 Nov 2009 01:53:32 GMT SIRI has been a great channel play from .55 to .65 for a nice .10 cent swing. Keep it on radar. ---Quote (Originally by Stock_Analyzer)--- If... SIRI has been a great channel play from .55 to .65 for a nice .10 cent swing. Keep it on radar.


Quote:
Originally Posted by Stock_Analyzer (Post 2185)
If SIRI could get some sustained buying pressure which it has not had in a long time, then we could test the 20 MA line at .43 cents here ahead.
]]> Large Market Capitalization Stock_Analyzer <![CDATA[FRPT could be big [Post #29473]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=29473#post29473 Thu, 05 Nov 2009 01:47:43 GMT Keep this one on radar all. FRPT is setting up for a nice bounce possible to 4.90 to 5.40 ranges. If we hold 4.30 then this one IMO isa nice bounce... Keep this one on radar all. FRPT is setting up for a nice bounce possible to 4.90 to 5.40 ranges. If we hold 4.30 then this one IMO isa nice bounce SWING play. See chart below

Quote:
Originally Posted by Stock_Analyzer (Post 5861)
Looks like we could see a gap filler to the UPSIDE to 6.50 here Monday on Force Protection Inc. FRPT
]]> Large Market Capitalization Stock_Analyzer <![CDATA[SGY had outstanding news yesterday [Post #29377]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=29377#post29377 Wed, 04 Nov 2009 11:45:04 GMT Stone Energy Corporation Announces Third Quarter 2009 Results 4:05p ET November 3, 2009 (PR NewsWire) Stone Energy Corporation (NYSE: SGY) today... Stone Energy Corporation Announces Third Quarter 2009 Results
4:05p ET November 3, 2009 (PR NewsWire)
Stone Energy Corporation (NYSE: SGY) today announced net income of $51.1 million, or $1.06 per share, on operating revenue of $202.7 million for the third quarter of 2009 compared to net income of $34.1 million, or $1.04 per share, on operating revenue of $172.4 million for the third quarter of 2008. For the nine months ended September 30, 2009, Stone reported a net loss of $147.6 million, or $3.45 per share, on operating revenue of $515.1 million compared to net income of $179.2 million, or $5.97 per share, on operating revenue of $634.9 million during the comparable 2008 period. All per share amounts are on a diluted basis.

Discretionary cash flow was $157.0 million during the three months ended September 30, 2009 compared to $163.8 million generated during the third quarter of 2008. For the first nine months of 2009, discretionary cash flow totaled $339.1 million compared to $494.6 million for the comparable 2008 period. Please see "Non-GAAP Financial Measure" and the accompanying financial statements for a reconciliation of discretionary cash flow, a non-GAAP financial measure, to net cash flow provided by operating activities.

Net daily production volumes during the third quarter of 2009 averaged 239 million cubic feet of gas equivalent (MMcfe) compared to average net daily production for the second quarter of 2009 of 209 MMcfe and average net daily production for the third quarter of 2008 of 129 MMcfe. The third quarter of 2009 included approximately 8 MMcfe per day associated with a non-recurring production adjustment relating to previous royalty relief volumes. The third quarter of 2008 was negatively impacted by shut-ins from Hurricanes Gustav and Ike. For the nine months ended September 30, 2009, average net daily production volumes were approximately 214 MMcfe, or 26% higher than average net daily production volumes of approximately 170 MMcfe for the nine months ended September 30, 2008. For the fourth quarter of 2009, Stone expects net daily production to average between 225 - 235 MMcfe.

CEO David Welch stated, "We are pleased with continued progress in executing our strategic plan in the third quarter as well as year to date. Our finance team has been able to improve our liquidity and significantly strengthen our balance sheet by reducing debt $200 million, raising stockholders' equity by $75 million and building our cash position. Our operations team delivered production near the top end of our guidance this quarter, while reducing costs as they debottlenecked platforms, optimized wells and restored substantially all of our hurricane deferred production, including the rerouting of the Amberjack oil pipeline. Our exploration team followed our Pyrenees discovery with a successful delineation well in the third quarter. We also made a traditional shelf discovery at our Cardinal prospect at Vermilion 96 which should provide production impact in 2010. Our four-well Amberjack drilling program is scheduled to commence in December as the platform rig modifications are now complete and the rig will be moving to location this week. We expect to gain further traction in exploration in 2010 with increased drilling in our Marcellus shale play in Appalachia and in the GOM deepwater."

Prices realized during the third quarter of 2009 averaged $77.39 per barrel (Bbl) of oil and $5.90 per thousand cubic feet (Mcf) of natural gas compared with third quarter 2008 average realized prices of $106.81 per Bbl of oil and $10.72 per Mcf of natural gas. Average realized prices during the first nine months of 2009 were $68.48 per Bbl of oil and $6.42 per Mcf of natural gas compared to $104.20 per Bbl of oil and $10.29 per Mcf of natural gas realized during the first nine months of 2008. All unit pricing amounts include the effects of cash settlements of effective hedging contracts. Hedging transactions during the third quarter of 2009 increased the average price we received for natural gas by $2.37 per Mcf, compared to a decrease in average realized prices of $0.07 per Mcf during the third quarter of 2008. Realized oil prices in the third quarter of 2009 increased by $10.92 per Bbl, compared to a decrease in realized oil prices of $16.89 per Bbl in the comparable quarter of 2008 as a result of hedging transactions. Overall, hedging transactions added approximately $46.4 million to third quarter 2009 revenues, including $36.5 million recognized from the unwinding of hedges in March 2009.

Lease operating expenses (LOE) incurred during the third quarter of 2009 totaled $28.1 million compared to $41.1 million in the second quarter of 2009 and $40.1 million for the comparable quarter in 2008. In the third quarter of 2009, there was approximately $12 million in downward adjustments of previously accrued major maintenance and base LOE costs as a result of actual costs being less than the previously accrued estimated amounts. During the third quarter of 2008, lease operating expenses included $6.8 million of repairs in excess of estimated insurance recoveries related to damage from Hurricanes Gustav and Ike. For the nine months ended September 30, 2009 and 2008, lease operating expenses were $127.4 million and $105.3 million, respectively.

Depreciation, depletion and amortization (DD&A) on oil and gas properties for the third quarter of 2009 totaled $67.2 million compared to $51.0 million for the third quarter of 2008. DD&A expense on oil and gas properties for the nine months ended September 30, 2009 totaled $181.9 million compared to $183.9 million during the same year-to-date period of 2008.

Salaries, general and administrative (SG&A) expenses (exclusive of incentive compensation) for the third quarter of 2009 were $9.5 million compared to $10.5 million in the third quarter of 2008. For the nine months ended September 30, 2009 and 2008, SG&A (exclusive of incentive compensation) totaled $31.1 million and $32.0 million, respectively.

As previously announced on October 13, 2009, the borrowing base re-determination process was completed and the borrowing base was reaffirmed at $425 million. As of September 30, 2009, Stone had $250 million in borrowings outstanding on its credit facility and another $69 million in outstanding letters of credit, leaving $106 million available under the facility. Stone's cash position as of September 30, 2009 was $98 million. As of October 30, 2009, borrowings outstanding were further reduced to $225 million, leaving over $131 million in availability, while the cash position was approximately $91 million.

Capital expenditures before capitalized SG&A and interest during the third quarter of 2009 totaled $70.5 million, including $2.0 million of lease acquisition costs. The capital expenditure amount includes $33.1 million of proactive hurricane risk mitigation expenditures, primarily platform decommissioning and the plugging and abandonment of idle wells. Additionally, $4.8 million of SG&A expenses and $6.6 million of interest were capitalized during the quarter. For the nine months ended September 30, 2009, capital expenditures before capitalized SG&A and interest totaled $231.7 million, including $4.3 million of lease acquisition costs. The year-to-date capital expenditure amount includes $61.4 million of plugging and abandonment expenditures and $16.9 million in tubular inventory purchases made in the first quarter. Additionally, $13.5 million of SG&A expenses and $19.4 million of interest were capitalized during this year-to-date period. ]]> Large Market Capitalization barigon <![CDATA[Stone Energy - SGY [Post #29376]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=29376#post29376 Wed, 04 Nov 2009 11:37:44 GMT Great news yesterday, watching this at open today. Great news yesterday, watching this at open today. ]]> Large Market Capitalization Technical_Indicator <![CDATA[F chart looking good [Post #29291]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=29291#post29291 Tue, 03 Nov 2009 11:35:55 GMT ]]> Large Market Capitalization Technical_Indicator <![CDATA[CEU RedChip Target Price: $17.00 [Post #29053]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=29053#post29053 Fri, 30 Oct 2009 13:29:15 GMT RedChip Visibility maintains its “Strong Buy” rating and price target of $17 on China Education Alliance. Based on our preliminary pro-forma adjustments, we think any new shares coming to market will be approximately 3.4 million shares, assuming the underwriter exercises its over-allotment. Only adjusting for the new shares and not factoring in any new uses for the $16 million and $18 million in new funds, we think dilution could be in the vicinity of 10% to 13% for 2010, with little impact to 2009. ]]> Large Market Capitalization Small-Cap <![CDATA[Short RODM [Post #28965]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=28965#post28965 Thu, 29 Oct 2009 08:21:25 GMT Take a look at RODM's chart. I shorted this when it cracked below $5, thanks to the CEO and CFO selling 3 + million shares. Now the dump is on. Now let me ask you, would you buy this falling knife or short it? I like my odds better when I know I got the 2 top executives of rodm and other insiders selling. ]]> Large Market Capitalization Trade_Alert <![CDATA[Wright Medical Group Inc. - WMGI [Post #28580]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=28580#post28580 Fri, 23 Oct 2009 02:06:49 GMT WMGI added 2.91%, to $17.71 today. It has a market cap of 683.73 million and has traded within a 52-week range of $11.17 and $25.99. WMGI is... WMGI added 2.91%, to $17.71 today. It has a market cap of 683.73 million and has traded within a 52-week range of $11.17 and $25.99. WMGI is currently above its 20-day moving average of $17.29 and above its 250-day moving average of $16.92. It has near-term technical support in the $16.39 price area. If the shares can continue the recent rebound, we see overhead resistance around the $18.38 price levels. Technical indicator for the stock is strong buy. Here is the chart:
Wright Medical Group, Inc. (NASDAQ:WMGI) ]]> Large Market Capitalization alhigou <![CDATA[IDT Corporation - IDT [Post #28511]]]> http://www.stockhideout.com/showthread.php?mode=threaded&p=28511#post28511 Thu, 22 Oct 2009 08:47:46 GMT According to an article written by Monica Alleven in Wireless Week, IDT wants to sell the spectrum as a single nationwide bundle as opposed to a... According to an article written by Monica Alleven in Wireless Week, IDT wants to sell the spectrum as a single nationwide bundle as opposed to a market-by-market approach. The markets where it holds spectrum include cities like New York, San Francisco and Chicago. Besides Tier 1 or other wireless carriers, cable companies might be interested in acquiring the spectrum, as well as tower companies that want to compete with FiberTower, which owns similar spectrum. ]]> Large Market Capitalization Brian Wolffe