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[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




Global Hunter’s Justin Cable Maintains Neutral on Ormat (NYSE:ORA) – $45 Price Target

Small Cap Pulse (November 6th, 2009) Writes:
November 6, 2009 ndash; Analyst Comments - Global Hunterrsquo;s Justin Cable weighed in this morning on Ormatrsquo;s (NYSE:ORA) Q3 results, which came in above expectations. Cable maintains a NEUTRAL rating citing sharp pullback in products due to soft bookings. Q3 Results Ormat reported a 20% Y/Y increase in Q3 revenues to $119.8 million and net income of $23.4 million, or $0.52 per share, compared with $15.8 million for the same period last year. Management said it expects the electricity segment revenues for 2009 to be between $254 and $258 million, with an additional $9 million of revenue from its share of electricity revenue generated by a subsidiary, which is accounted for under the equity method. For its Product Segment results it increased its guidance to approximately $150 million.Cablersquo;s Key Takeaways middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Believes geothermal outlook remains long-term positive, and Ormat best positioned to benefit middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Remains cautious about tight credit markets ...

Global Hunter’s Justin Cable Maintains Neutral on Ormat (NYSE:ORA) – $45 Price Target

Small Cap Pulse (November 6th, 2009) Writes:
November 6, 2009 ndash; Analyst Comments - Global Hunterrsquo;s Justin Cable weighed in this morning on Ormatrsquo;s (NYSE:ORA) Q3 results, which came in above expectations. Cable maintains a NEUTRAL rating citing sharp pullback in products due to soft bookings. Q3 Results Ormat reported a 20% Y/Y increase in Q3 revenues to $119.8 million and net income of $23.4 million, or $0.52 per share, compared with $15.8 million for the same period last year. Management said it expects the electricity segment revenues for 2009 to be between $254 and $258 million, with an additional $9 million of revenue from its share of electricity revenue generated by a subsidiary, which is accounted for under the equity method. For its Product Segment results it increased its guidance to approximately $150 million. Cablersquo;s Key Takeaways middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Believes geothermal outlook remains long-term positive, and Ormat best positioned to benefit middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Remains cautious about tight credit markets ...

Pacific Crest’s Bachman Downgrades Evergreen Solar (Nasdaq:ESLR) to SECTOR PERFORM

Small Cap Pulse (November 6th, 2009) Writes:
November 6, 2009 ndash; Analyst Comments ndash; Pacific Crestrsquo;s Mark Bachman weighed in on Evergreen Solarrsquo;s (Nasdaq:ESLR) Q3 results, stating that ldquo;given the near-term challenges ahead, we no longer have the conviction to recommend putting new money into the stock.rdquo; Bachman downgraded to SECTOR PERFORM. Key Takeaways middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Modeled declines in ASPs (22% in 2010), underutilization at Devens, ramp expenses from China and continued losses from Sovello middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Downside risk is probably minimal at 0.5x price-to-book middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Evergreen may need to return to the capital markets late next year to increase debt or add further dilution middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Lowering 2010 revenue and EPS estimates to $355.3 million and ($0.03) from $466 and $0.29, respectively and removing price target

Bachman Comments on Implications of First Solar (Nasdaq:FSLR) Land Purchase From Ausra

Small Cap Pulse (November 6th, 2009) Writes:
November 6, 2009 ndash; Analyst Comments ndash; Pacific Crestrsquo;s Mark Bachman commented this morning on First Solarrsquo;s (Nasdaq:FSLR) land purchase from Ausra which he says mitigates risk for its 550MWac Topaz Project. middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Environmentalists continue to battle with large project developers, and the Ausra parcel will give First Solar more flexibility in placement of solar arrays from land covered by the Land Conservation Act of1965 to createnbsp; additional wildlife corridors to appease the environmentalists middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; The purchase will also enable faster permitting middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Profitability impact to the Topaz project should be nominal ndash; even at $4,000/acre, at $3.50/Wdc the project is worth almost $2.4 billion. A $3 million impact on the cost of the additional land would impact gross margin by less than 0.2%.

Lion Energy, Southern Star Energy (SSEY.OB), Gold Star Resources Fuse to Create Combined Company with Promising Growth Opportunities

QualityStocks (November 6th, 2009) Writes:

Lion Energy Corp. is a Canadian exploration company focused on the acquisition, exploration and development of oil and gas reserves in Central and East Africa. The company today made a joint announcement with Southern Star Energy Inc. (SSEY.OB), a U.S.- based oil and gas exploration company, and Gold Star Resources Corp. (TSX-V: GXX), a Canadian resource exploration company focused on the strategic acquisition and advancement of prospective oil and gas projects in West Africa, stating that the three companies have signed a non-binding letter of intent to create a mid-sized, “well-capitalized” company with domestic and international exploration operations.

The proposed combination of the three companies will result in one company backed by an experienced management team and board of directors, which will ultimately benefit shareholders as the company takes advantage of growth opportunities.

“The collaboration of Lion, Southern and Gold Star combines an excellent portfolio of diverse African exploratory opportunities

...

VIASPACE, Inc. (VSPC.OB) Subsidiary Ionfinity Captivates Mass Spectrometry Market

QualityStocks (November 6th, 2009) Writes:

Ionfinity is an expert in commercializing emergent technologies via strong partnerships with the U.S. Department of the Army, the Department of the Navy, and the Air Force (USAF). A subsidiary of the VIASPACE family, Ionfinity is a pioneer in bleeding-edge Mass Spectrometry (MS), a technology which allows for real-time sampling and analysis of trace amounts of a substance.

Ionfinity enjoys a continuous relationship of development with the National Aeronautical and Space Administration (NASA), NASA’s Jet Propulsion Laboratory (JPL), and the California Institute of Technology (Caltech). Ionfinity also maintains partner programs with General Dynamics Corp., Imaginative Technologies LLC., and Sionex Corporation.

Ionfinity is currently developing applications of its proprietary “soft-ionization” technology, capitalizing on a vast wealth of experience in miniaturization, to produce truly next generation MS sensors capable of “sniffing” molecular concentrations of a substance in the parts-per-trillion to sub-parts-per-billion range within

...

Google’s Android Takes a Bite Out of Apple

QualityStocks (November 6th, 2009) Writes:

Even during the worldwide recession it seems consumers continue to abandon ‘dumb’ phones when, for just a little bit more money, they can get a pocket-sized computer – a smartphone – instead. According to research firm Gartner, overall handset sales are expected to shrink by 4 percent this year compared to last year. Meanwhile, smartphone sales are forecast to grow by more than 20 percent.

Smartphones account for only 14 percent of the mobile phone market today, but this segment has doubled its share of the global mobile phone business over the past three years. More than 500 million smartphones are expected to be sold in 2012 when they are forecasted to make up half the market. Revenues from smartphones are expected to double to half the industry total by 2014.

With the smartphone market being really the only game in town, the intensity of the battle for the smartphone market is

...

Continucare Corp. (CNU) First Quarter Fiscal Year 2010 Results Show 116% Increase in Operating Profit

QualityStocks (November 6th, 2009) Writes:

Continucare Corp. yesterday reported its first quarter fiscal year 2010 financial results. The company reported a 113% increase in net income and continued strength in the business with higher quarter-ending cash and working capital balances.

Richard C. Pfenniger, Jr., Continucare’s Chairman and Chief Executive Officer commented, “We are extremely pleased with our first quarter results,” “Record revenues, improved utilization outcomes and operating efficiencies resulted in a 113% increase in net income. Also, during the quarter we added an important new dimension to our business with the launch of Seredor Corporation and the acquisition of our first sleep diagnostic centers.”

First Quarter Highlights Include:

Revenues increased 17% compared to $65.1 million for the same period last year, with total revenue of $76.0 million Income from operations increased 116% to $8.6 million, compared to $4.0 million for the same period last year Launch of Seredor Corporation, a new sleep diagnostic center subsidiary to

...

Muscle Flex, Inc. (MFLI.PK) Now Accepting Orders for the Beagle StepFit, the BUDDY Tablet Caddy and “Danny Alex Commercial Blue” T-Shirts

QualityStocks (November 6th, 2009) Writes:

Prior to their national commercial launch, Muscle Flex Inc. announced that it has gone live with accepting orders for its Muscle Flex Beagle StepFit Pedometer, the BUDDY Tablet Caddy and “Danny Alex Commercial Blue” T-shirts on its newly designed website at www.MuscleFlexInc.com.

“We have already had a number of orders for our Muscle Flex products and we are excited that we have been receiving orders this early into their release,” stated Danny Alex, CEO and Founder of Muscle Flex. “We have a number of high profile promotions that are going to be done in conjunction with our national product commercial releases and seeing orders this early for the Beagle and the BUDDY is an exciting sign.”

Muscle Flex recently released the Muscle Flex(r) Beagle StepFit(tm) 2-minute commercial and one-page landing page at www.BuyTheBeagle.com. The company is releasing the Beagle StepFit(tm) 2-minute direct response

...

Solar Energy Initiatives (SNRY.OB) – Harnessing the Power of the Sun

QualityStocks (November 6th, 2009) Writes:

Solar Energy Initiatives Inc. is dedicated to reducing the world’s dependence on fossil fuels by selling thermal and photovoltaic (PV) technologies while building a profitable company. To this end, they are developing one of the fastest growing dealer networks in the U.S. to sell and install solar solutions to homeowners as well as commercial customers.

The company recognizes that energy from the sun can be used in different ways. Most obvious is the sun’s light, which is used everywhere, via windows, skylights, and solar tubes. But the sun’s thermal energy has been used for a long time for passive solar room heating, hot water and pool heating. And improving technology has now led to an increasing use of the sun’s energy to generate electricity, not only in large solar power plants, but at the individual home and business level.

It’s important to remember

...

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