Shares & Derivatives
Ellipsiz is the second stock which I want to add to my stock pick list…
By Kevin Scully-Financial Blog  •  June 7, 2009
[caption id="attachment_2661" align="alignright" width="150" caption="Photo by Hamed Saber"]Photo by Hamed Saber[/caption] Was out most of the day at meetings and didnt get a chance to discuss the second stock that I want to add to my stock pick list this week. I first started looking at Ellipsiz in January/February 2009 when the share was between 2.5 and 3 cents.  It was unfortunate for me that I didnt do anything about it then and the share closed today at about 11 cents.  The reason for my inaction was that I happened to be playing golf with some former staff of Ellipsiz in January in a Charity golf tournament.  They told me that the calendar Q1-2009 results were bad and that business was also very difficult.   I decided to wait for their Q3-2009 results which is also calendar Q1-2009.  The results were terrible on the surface and I commented about this in my Blog of May 15, 2009. Read more...
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By Kevin Scully-Financial Blog
Kevin began his working life in the regional and economics division of the Ministry of Foreign Affairs. He then moved to the private sector analyzing equities before venturing out to start NRA Capital. After 25 years of watching stocks and living through financial disarray during the Pan Electric Crisis, the 1987 Crash, the Barings debacle, the Gulf War, Asian financial crisis - what can sub-prime do but add another scar to already bruised wounds. Ever since starting his blog, Kevin has been enthusiastically giving his personal views on the market. He discusses about equities, the market turmoil, and the broad economy.
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