Thursday, June 30, 2011

LVLT: up 68% from the Forecast at May 1, 2011- High Quality Forecast

On May 1, it was published by " I Know First" positive forecast for Level 3 (LVLT@$1.64) http://iknowfirst.com/node/82
today LVLT is trading for $2.40 - 68% up from the forecast.
Forecast System Quality is measured by comparision between the forecast and the actual stock performance.

Monday, June 27, 2011

LDK ADS price is grossly undervalued: Announces Share Repurchase Program

As we previously estimated LDK is highly undervalued

See our post and comment from May 23, 2011:
http://stockpicks247.blogspot.com/2011/05/china-gets-60-of-2010-global-solar.html


XINYU CITY, China and SUNNYVALE, Calif., June 27, 2011 /PRNewswire via COMTEX/ --
LDK Solar Co., Ltd. (NYSE: LDK), a leading vertically integrated manufacturer of photovoltaic products, today announced that its Board of Directors approved a share buyback program that authorizes LDK Solar to repurchase up to US$110 million of its American Depository Shares ("ADSs") in the open market or through privately negotiated transactions. The program does not obligate LDK Solar to acquire any particular amount of its ADSs and may be modified or suspended at any time at the sole discretion of LDK Solar.

Mr. Xiaofeng Peng, Chairman and CEO of LDK Solar, commented, "We remain confident in our current outlook as well as the long-term prospects for our business. However, we believe our ADSs are currently grossly undervalued. We believe our share buyback program not only represents a good investment for our company, but also demonstrates our commitment to enhance shareholder value." 

Sunday, June 26, 2011

FORECAST QUALITY: Stocks Actual Performance versus Forecast

Forecast from June 14, 2011 in Green  Actual performance in Blue 

Saturday, June 25, 2011

Actual stocks performance versus weekly forecast

Best Test of Forecast Quality is to compare the forecast to the actual stocks performance
In accordance with the forecast, URRE is up by 8% in 2 days 
In accordance with the forecast, GT is up by 6.5 % in 3 days 
Well Done!

Tuesday, June 21, 2011

PSTI: Up 18.8% according to forecast from June10@2.65

Check this
According to: I Know First forecast from June 10@2.65
PSTI is up 18.5% from $2.65 to $3.15 in 10 days from the forecast
http://stockpicks247.blogspot.com/2011/06/next-week-stock-forecast-psti-is-good.html

Monday, June 20, 2011

Nikkei225 and the Fukushima crisis

Just after Fukushima tragedy began Nikkei dived to 8605.
Seeking Alfa analyst Darrel Whitten estimated on March 20, 2011 that:

  Nikkei 225 could rebound to 12,000 (30%) without much trouble: 

"....Japan’s stock and financial markets,  have already largely discounted the worst of the disaster—including the nuclear crisis—with the 22% fall in the Topix and a similar 21% fall in the Nikkei 225 between the close on March 10, 2011 and the midday low on March 15. The Nikkei 225 could rebound to 12,000 (30%) without much trouble, while we suspect that much stronger fundamentals will be needed for a move beyond that."

Today June 20, 2011 - Nikkei225 is 9354
It appears that Fukushima disaster has much broader impact on Japan than previously estimated.

Friday, June 17, 2011

In accordance with the forecast, PSTI is up by 8% in 2 days ; STP Is up by 12% in 4 days

In accordance with the forecast:
PSTI is up by 8% in 2 days✓
STP Is up by 12% in 4 days
URRE is down by 13% in 4 days✓