Tuesday, April 2, 2019

Top Small Cap Stocks For 2019

tags:PQ,ATAI,MOBI,ACHN,

On Tuesday, our Under the Radar Movers newsletter suggested shorting small cap data storage systems stock Qualstar Corporation (NASDAQ: QBAK):

"Quelstar is essentially a mirror image of Pixelworks. That is, it's not just the bearish undertow we want to tap into here. It's the failure of QBAK to follow-through on today's effort to break above the 100-day moving average line with today's early effort. The market dared the bulls to play their hand, and as it turns out, they were bluffing. The sheer scope of the reversal bar in the meantime today confirms the downtrend.

We're looking for the QBAK selloff to accelerate now that all the buyers and would-be buyers have been flushed out."

Our Under the Radar Movers newsletter has a detailed discussion about Qualstar Corporation's technical chart and a shorting strategy:

Top Small Cap Stocks For 2019: Petroquest Energy Inc(PQ)

Advisors' Opinion:
  • [By Ethan Ryder]

    News headlines about Petroquest Energy (NYSE:PQ) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Petroquest Energy earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave news stories about the energy company an impact score of 47.638327846877 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Top Small Cap Stocks For 2019: ATA Inc.(ATAI)

Advisors' Opinion:
  • [By Paul Ausick]

    ATA Inc. (NASDAQ: ATAI) traded down about 14% Monday to set a new 52-week low of $0.82, based on revalued shares that closed at $0.72 on Friday but traded up about 250% on Monday at $2.53. Volume was more than 200 times the daily average of around 42,000. You’re on your own here to figure this one out.

Top Small Cap Stocks For 2019: Sky-mobi Limited(MOBI)

Advisors' Opinion:
  • [By Logan Wallace]

    Media coverage about Sky-mobi (NASDAQ:MOBI) has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sky-mobi earned a news impact score of 0.06 on Accern’s scale. Accern also assigned news stories about the software maker an impact score of 45.6853785900783 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

  • [By Stephan Byrd]

    Mobius (CURRENCY:MOBI) traded 5.5% higher against the dollar during the 24-hour period ending at 16:00 PM E.T. on February 21st. Mobius has a market cap of $6.06 million and $37,433.00 worth of Mobius was traded on exchanges in the last 24 hours. One Mobius token can now be purchased for $0.0118 or 0.00000298 BTC on popular cryptocurrency exchanges including GOPAX, Gate.io, BitMart and Stellarport. Over the last seven days, Mobius has traded up 22.4% against the dollar.

  • [By Logan Wallace]

    Mobius (CURRENCY:MOBI) traded up 0.1% against the dollar during the 24 hour period ending at 18:00 PM ET on February 11th. In the last week, Mobius has traded 3.1% lower against the dollar. One Mobius token can now be bought for approximately $0.0095 or 0.00000260 BTC on exchanges including OTCBTC, Gate.io, Stellar Decentralized Exchange and BitMart. Mobius has a total market capitalization of $4.89 million and approximately $19,445.00 worth of Mobius was traded on exchanges in the last day.

  • [By Logan Wallace]

    Mobius (CURRENCY:MOBI) traded 12.4% lower against the US dollar during the 24 hour period ending at 17:00 PM E.T. on September 25th. One Mobius token can now be bought for approximately $0.0265 or 0.00000414 BTC on major cryptocurrency exchanges including Gate.io, Kucoin, BitMart and GOPAX. Over the last week, Mobius has traded up 8.8% against the US dollar. Mobius has a market cap of $10.22 million and approximately $69,762.00 worth of Mobius was traded on exchanges in the last day.

  • [By Ethan Ryder]

    Mobius (CURRENCY:MOBI) traded 1.2% lower against the dollar during the 1-day period ending at 14:00 PM E.T. on August 21st. In the last week, Mobius has traded down 1.1% against the dollar. One Mobius token can now be bought for about $0.0291 or 0.00000452 BTC on popular cryptocurrency exchanges including GOPAX, BitMart, Gate.io and Stellar Decentralized Exchange. Mobius has a total market capitalization of $11.23 million and approximately $78,528.00 worth of Mobius was traded on exchanges in the last 24 hours.

Top Small Cap Stocks For 2019: Achillion Pharmaceuticals Inc.(ACHN)

Advisors' Opinion:
  • [By Ethan Ryder]

    Achillion Pharmaceuticals (NASDAQ:ACHN) – Research analysts at B. Riley reduced their FY2018 EPS estimates for shares of Achillion Pharmaceuticals in a research note issued to investors on Wednesday, May 2nd. B. Riley analyst M. Kumar now anticipates that the biopharmaceutical company will earn ($0.58) per share for the year, down from their previous estimate of ($0.55). B. Riley has a “Neutral” rating and a $3.50 price objective on the stock. B. Riley also issued estimates for Achillion Pharmaceuticals’ FY2019 earnings at ($0.64) EPS, FY2020 earnings at ($0.71) EPS, FY2021 earnings at ($0.70) EPS and FY2022 earnings at ($0.84) EPS.

  • [By Stephan Byrd]

    Achillion Pharmaceuticals (NASDAQ:ACHN) has been given an average recommendation of “Hold” by the nine brokerages that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is $5.20.

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Achillion Pharmaceuticals (ACHN)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By WWW.GURUFOCUS.COM]

    For the details of MAK CAPITAL ONE LLC's stock buys and sells, go to https://www.gurufocus.com/guru/mak+capital+one+llc/current-portfolio/portfolio

    These are the top 5 holdings of MAK CAPITAL ONE LLCSkyline Champion Corp (SKY) - 5,539,759 shares, 44.08% of the total portfolio. Shares reduced by 17.19%Agilysys Inc (AGYS) - 5,284,648 shares, 41.04% of the total portfolio. Achillion Pharmaceuticals Inc (ACHN) - 5,191,600 shares, 4.47% of the total portfolio. Shares added by 166.77%Yatra Online Inc (YTRA) - 1,938,559 shares, 4.22% of the total portfolio. Shares added by 1566.45%Maxwell Technologies Inc (MXWL) - 2,725,992 shares, 3.06% of th
  • [By Keith Speights]

    Skeptics might deride a comparison of Inovio Pharmaceuticals, Inc. (NASDAQ:INO) and Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) as an exercise in finding the biggest loser. Both companies continue to post huge net losses every quarter, and their stocks are down by at least 30% over the last 12 months.

  • [By Shane Hupp]

    News articles about Achillion Pharmaceuticals (NASDAQ:ACHN) have trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Achillion Pharmaceuticals earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news articles about the biopharmaceutical company an impact score of 46.941587509483 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Sunday, March 31, 2019

Tsakos Energy Navigation Ltd (TNP) Q4 2018 Earnings Conference Call Transcript

Logo of jester cap with thought bubble.

Image source: The Motley Fool.

Tsakos Energy Navigation Ltd  (NYSE:TNP)Q4 2018 Earnings Conference CallMarch 29, 2019, 10:00 a.m. ET

Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

Operator

Thank you for standing by, ladies and gentlemen, and welcome to the Tsakos Energy Navigation Conference Call on the Fourth Quarter and Year-end Financial Results. We have with us Mr. Takis Arapoglou, Chairman of the Board; Mr. Nikolas Tsakos, President and CEO; Mr. Paul Durham, Chief Financial Officer; and Mr. George Saroglou, Chief Operating Officer of the company.

At this time, all participants are in a listen-only mode. There will be a presentation followed by a question-and-answer session. (Operator Instructions) I must advise, the conference is being recorded today.

And now I pass the floor to Mr. Nicolas Bornozis, President of Capital Link, Investor Relations Advisor at Tsakos Energy Navigation. Please go ahead, sir.

Nicolas Bornozis -- Investor Relations

Thank you very much, and good morning to all of our participants. This is Nicolas Bornozis of Capital Link, Investor Relations Advisor to Tsakos Energy Navigation. This morning, the company publicly released its financial results for the fourth quarter and full year 2018. In case you do not have a copy of today's earnings release, please call us at (212) 661-7566 or email us at ten@capitallink.com, and we will email a copy to you right away.

Please note that parallel to today's conference call, there is also a live audio and slide webcast, which can be accessed on the company's website on the front page at www.tenn.gr. The conference call will follow the presentation slides, so please we urge you to access the presentation of the webcast.

Please note that the slides of the webcast will be available as an archive on the company's website after the conference call. Also, please note that the slides of the webcast presentation are user controlled, and that means that by clicking on the proper button, you can move to the next or to the previous slide on your own.

At this time, I would like to read the Safe Harbor statement. This conference call and slide presentation of the webcast contain certain forward-looking statements within the meaning of the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, which may affect TEN's business prospects and results of operations. Such risks are more fully disclosed in TEN's filings with the Securities and Exchange Commission.

And before turning the floor over to the company, I would like to mention two things. First of all, on Monday, April 1st, 2019, next week, the company's management will be participating at the Capital Link International Shipping Conference in New York. Then on Wednesday, April 3, 2019, the company is hosting an Investor and Analyst Day of its own in New York. Those of you interested to join the Investor and Analyst Day, please contact us at Capital Link and we will be happy to have you. You can call us at (212) 661-7566.

And now, I will turn over the call to Mr. Takis Arapoglou, the Chairman of the Board of Tsakos Energy Navigation. Mr. Arapoglou, please go ahead, sir.

Takis Arapoglou -- Chairman of the Board

Thank you, Nicholas. Good morning, everyone. Thank you for joining us today. Coming out of the longest bad market ever with positive operating performance, being able to pay obligations and a steady dividend is quite an achievement, confirming our operating model and our supreme industrial platform. It's important to note, that we have managed to repay debt equivalent to $2 per share and to maintain a cash position of $2.5 per share equivalent. And now with the stronger markets in the fourth quarter continuing at admittedly lower pace in 2019, we're benefiting from profit sharing arrangements and look forward to a stronger year positioning for growth and for renewing our fleet and further growing our platform.

Once again, I'd like to congratulate on behalf of the Board Nikolas Tsakos and his colleagues, his team and wish him an equally successful 2019. That's it for me for now. Over to you Nikolas Tsakos. Thank you.

Nikolas P. Tsakos -- Founder, President and Chief Executive Officer

Thank you, Chairman. And with you and the board's support, hopefully, 2019 would be a much better year than 2018. 2018, to put it with a few words, was a rough year, as you said, with a happy ending at the later part. The first three quarters, we experienced one of the worst spot tanker markets in recent memory. However, the last part of the year then spilling over in the first quarter has been much more rewarding. Since the beginning of the year and we're very close to the end of the quarter, the market has very -- have normalized, but they have normalized at healthy and accretive levels. The VLCCs have averaged in the -- since the beginning of the year in the mid-30s, the Suezmaxes in the 20s together with the Aframaxes. The LR2s have done even better than that. Our clean investments have done significantly better than that. And even the product carriers are enjoying a period of revival with the levels in the mid-20s for the larger vessels, the 50,000 plus categories and upper teens for the 37,000 tonners. So all the levels that we are enjoying in the spot market are accretive levels. And we are looking forward, given we do not exactly believe, hopefully, it's true, the forecast that Mr. Saroglou will take you from various brokers that show a very strong revival of the market after -- in the second half mainly due to the 2020 legislation taking ships out of competition for a significant period of time. I think the most important thing that we have seen after a very tough year in 2018 was the company has been able again to continue its positive cash flow -- a positive operating cash flow, maintaining our dividend, continuously repaying significant -- reducing our debt significantly.

As the Chairman said, we have reduced $2 per share worth of debt, and we are steadily maintaining always a strong liquidity of at least $2.50 per share. For those of you, just to put it, we are -- we have about 90 million shares outstanding as a company. But I was -- as I was saying, the most important part is the psychology has changed. And a big number of our customers are looking to take up to three years or even longer of accretive cover on existing tonnage. We are seeing the same to the LNG market. We have been fortunate to charter our ships out at accretive rates for the next couple of years. So we are looking, I will talk later about this, to grow this business significantly.

And in our strategic relationships, after taking delivery last year of 15 vessels, growing the fleet by 30%, all of them with long-term charters, we are now building four ships, all of them against very long employment. So we believe, as we always said, to build responsibly and not to bring tonnage in the market with no employment. The company right now has 14 vessels on the fuel spot and 19 vessels on profit sharing arrangement, which allows us to take advantage of the movements in the market, however, maintaining a very good protection to our bottom line.

And then with this, I will ask Mr. Saroglou to give us the -- his report on the 2018 operating performance of the company and the beginning of the year. Here's George.

George V. Saroglou -- Chief Operating Officer

Thank you very much, Nikolas, and good morning to all of you. In our last earnings call back in November, we talked about the brighter prospects of the tanker market that was starting to emerge after three challenging quarters in 2018. Today, we report the operating and financial results of the fourth quarter of 2018, which are positive again. We are happy to reiterate our beliefs that the prospects for the tanker market continue to be favorable.

Main drivers behind the market strength since the start of the fourth quarter are; strong global oil demand growing year-over-year in excess of 1.3 million, 1.4 million barrels per day; higher OPEC and Russian production during the seasonally strong fourth quarter of 2018; strong crude oil exports from the United States with added tonne miles and global fleet utilization; limited vessels supply at the global tanker fleets at very little growth in 2018, thanks to the higher scrapping levels since 2012. This environment, we saw and continue to see strong appetite by oil majors to partner with our company in accretive, long-term business projects and also extend charters as improved and profitable for the bottom line rates on existing vessels of the fleet as the company's recent announceme