NLST has a lot of room to fly - last year's high was reached in the Sep - Oct timeframe - this is just the beginning of hurricane season - should see hurricane stocks move between now and Sep/Oct
also see ECCI, WEGI and BUGS for hurricane plays
annual low high current NLST .09 3.20 .46 ECCI .07 .75 .125 WEGI .067 .79 .39 BUGS .01 .075 .014
Posted by MoneyMaker2006 on :
First half of season looks quiet for now for storms, they just predicted they should have upwards of 12 named storms for the second half starting in Sept.
This was just announced on CNBC.
This cyclical stock looks to climb upwards of 2 to 3 dollars
Hope to 4x my cash.. would be nice
Posted by MoneyMaker2006 on :
Brief History and Development Plans of National Storm Management Services, Inc.
Headquartered in Glen Ellyn, Illinois, National Storm Management Services, Inc. (the “Company” or “NLST” was organized by the filing of articles of incorporation with the Secretary of State of the State of New York in March 12, 2002, and through a merger was reconciled in the State of Nevada on September 13, 2004. National Storm Management Services, Inc. seeks to become a leading provider of insurance restoration services, focusing its early efforts on household restoration needs resulting form wind and hail damage. As a result, management plans to offer the best value possible combined with consistent performance, while creating a value for itself and its customers. National Storm Management Services, Inc. has focus on two key elements together to generate success. National Storm Management Services, Inc. has an aggressive marketing strategy that fosters the growth and development of its employees. Second, the Company is committed to providing the utmost in customer service to its client companies in order to achieve the most value added circumstances possible for all parties involved. These factors coupled with a priority placed on individual customer service and satisfaction plans to produce the most pleasurable and advantageous experience for our employees and customers.
Posted by birches on :
NLST files annual report and 10SB and SB-2 enroute to getting listed as a bulletin board stock and ultimately Nasdaq. NLST opened 6 more locations since 3/5/05.
Chart on this looks great. Stabilizing itself in the upper .40's. 50 day MA is near .45, so it has a lot of support where it's at. Next couple of months could be very good for this stock IMO.
Posted by Matrix Trader on :
why is this falling?
Posted by deathtoradio on :
Ouch. Check the pr.
Posted by Tradintexas on :
all the hurricane stocks are down
Posted by BullzeBob on :
Congrats to anyone grabbing the .20's today on MASSIVE dip from .48 high. Geeeeeeez... Couldn't free up $$$ in time. Trying for .30 now if it gets down there.
Posted by BullzeBob on :
Wanted .30...no go. May be history. Hopefully NLST will get back in 40's where many are stuck i'm sure.
Posted by utvolsfan13 on :
Bad PR for this or something?
Posted by birches on :
NLST posting earnings today - they were down year-over-year. But the story on NLST is the future potential, as with all hurricane stocks. Looking to add to my position.
National Storm Management Reports Second Quarter Results Thursday August 17, 9:31 am ET
GLEN ELLYN, Ill.--(BUSINESS WIRE)--Aug. 17, 2006--National Storm Management, Inc. (Other OTC:NLST - News) today announced results for its second quarter ended June 30, 2006. Revenues for the quarter and six months were down from the prior year, but the company pointed out that it has narrowed the loss in comparison with the first quarter of 2006.
For the second quarter, revenues were $2.2 million, versus $3.8 million in the prior year. The company posted a net loss of $481,848, or $0.01 per share based on 61.2 million weighted average shares outstanding. This compares with the 2005 second quarter net loss of $445,501, or one cent per share, based on 40.0 million average shares.
For the six months, revenues were $4.5 million, versus $8.8 million in the prior year. The company posted a net loss of $1.1 million, or two cents per share based on 56.3 million weighted average shares outstanding. This compares with the 2005 six month net loss of $251,140, or one cent per share, based on 40.0 million average shares.
"The second quarter continued to show effects of lagging insurance response to the outer perimeter of Katrina's path, where National Storm's focus is," said Terry Kiefer, chairman and president. "We know that this significant business will materialize at some point in time, but in the meantime we are concentrating on developing business in other areas. We have moved a portion of our Louisiana crew to Indianapolis, so we can capitalize on homeowners' needs in that area. That is an advantage to being a nationally focused business."
"Financially, the trend is positive. The company is showing improvement from the first quarter of 2006," said Mark V. Noffke, chief financial officer. "We narrowed the net loss to $481,848 from $612,824 reported for the first quarter 2006. This is despite absorbing SG&A expenses related to the 10SB filing. While there will always be expenses associated with being a public company, we should be in more of a maintenance mode in the future.
"Although revenues are down from last year, profit margins are stronger. We want to continue to build up cash flow and working capital," he said, "so we can maximize opportunities in all locations. We did agree to a loan of $1,000,000 at the end of July which is mentioned as a subsequent event in the notes for the 10-QSB."
National Storm Management is an expanding national construction company specialized in storm restoration management that works closely with affiliates in seven states. The affiliates are: ABC Exteriors (Illinois), ABC Exteriors (Indiana), Pinnacle Roofing (Orlando, Vero Beach & West Palm Beach, Florida), MSM Builders and Remodelers (Missouri), WRS, Inc (Minnesota), First Class Builders (Maryland), Pinnacle Roofing (Mississippi), First Class Roofing and Siding (Ohio) and Pinnacle Roofing (Louisiana). The company and its affiliates are recognized by all major insurance companies such as State Farm, Allstate, Farmers and many others for storm related claims. The Company is also a member of the National Roofing Contractors Association (NRCA) and the Better Business Bureau.
Posted by Baxt06 on :
Yep, good time to get in. I think this will be back in the .40's soon.
Posted by ballertx on :
quote:Originally posted by Baxt06: Yep, good time to get in. I think this will be back in the .40's soon.
I agree, great place to add imo .....It takes a while to get filled with the float being so low......I put in an order at the ask with two MMs at that price and it took ~25 minutes to get filled.......Didn't get any this time in the .20s.....But my initial buy was at .205 so no worries....Added some in the mid .30s........GLTE
Posted by jagman925 on :
quote:Originally posted by Baxt06: Yep, good time to get in. I think this will be back in the .40's soon.
Good call!
Posted by Zack Donino on :
Very Good Day!
Posted by birches on :
GO NLST
Tropical Depression Forms in Atlantic AP and Reuters, AOL Wire Services
MIAMI (Aug. 22) - Outer bands of a tropical depression were approaching the southern Cape Verde islands in the far eastern Atlantic on Tuesday, forecasters said.
A satellite image shows the tropical depression Monday evening in the eastern Atlantic.
At 0600 GMT, the depression, which formed Monday, was centered 170 miles south of the southernmost Cape Verdes and was moving toward the west-northwest near 16 mph. The storm had maximum sustained winds near 35 mph, 4 mph (6 kph) below the threshold for a tropical storm and well below hurricane strength of 74 mph, according to the National Hurricane Center.
Forecasters said the storm was expected to continue going west-northwest for the next 12 hours with a gradual northwest turn after that. It was expected to become a tropical storm by Wednesday.