Originally posted by salama:
Do you think, guys, AAC will make it?
I HAVE BEEN ACCUMULATING FOR QUITE SOME TIME.
THIS STOCK WILL MAKE IT TO THE BIGS. I AM HOLDING LONG LONG AND LONGER.
Ticker Symbol: AAC
Contact Info: 1963 Lougheed Highway
Coquitlam, B.C., CN V3K-3T8
CEO/President: Abdul Ladha
Industry: Business Services / Standard Industry Code: 7389
Description: A liquidator and auction technology company. Conducts live auctions and simultaneously broadcasts them over the Internet.
ABLEAUCTIONS.COM - Report History
12mos(3) 2002 2001 2000 1999
Total Revenues ($Mil): 1.3 2.3 10.8 10.6 .9
Depreciation & Amort ($Mil): .1 .2 .7 1.0 .2
Operating Income ($Mil): -.1 -1.0 -1.5 -8.3 -1.4
Net Income ($Mil): .2 -1.6 -2.2 -11.8 -1.3
Earnings Per Share ($): -.01 -.10 -.52 -.58 -.10
Dividends ($): .00 .00 .00 .00 .00
12mos(3) 2002 2001 2000 1999
Current Assets ($Mil): 4.0 .8 1.3 2.7 .8
Current Liabilities ($Mil): .2 .9 4.6 2.1 .3
Long Term Debt ($Mil): .0 .0 1.0 1.0 .0
Shares Outstanding (000): 49086 28726 25127 20977 18310
Common Equity ($Mil): 4.5 .7 -1.5 3.8 2.4
12mos(3) 2002 2001 2000 1999
Profit Margin (%): 15.4 -69.6 -20.4 NC NC
Return on Equity (%): 4.4 NE NE NE NE
Return on Assets (%): 4.3 -100.0 -53.7 -168.6 -46.4
P/E Ratio: NE NE NE NE NA
Price/Book: 9.05 4.50 -12.67 19.44 NA
Debt Equity: .00 .00 NS .26 .00
Interest Coverage: -2.6 NC NC NC NC
Book Value ($): .09 .02 -.06 .18 .13
Price/Sales: 31.34 1.13 1.77 6.86 NA
Dividend Payout (%): .00 .00 .00 .00 .00
Shares Outstanding: 48,384 (000) Market Value: 40,742 ($000)
Percentage of Inst.
Shareholders: 9.8% Number of Inst.
Last Quarter Sales: .2 ($Mil.) Last Quarter Net Income: .0 ($Mil.)
Last Quarter EPS: .01 P/E Ratio: NE
Most Recent Earnings: Earnings Per Share: -.01
Most Recent Split: Annual Dividend Rate: .00
Most Recent Dividend: Annual Dividend Yield: .0%
Press Release Source: Ableauctions.com Inc.
Premier Native Art Auction House Signs 3-Year Contract with Ableauctions
Monday January 12, 9:30 am ET
FIFE, Wash.--(BUSINESS WIRE)--Jan. 12, 2004--Ableauctions.com Inc. (AMEX:AAC - News; the "Company") announced today that is has entered into an agreement with Vancouver based Seahawk Auctions, one of the premier native art auction houses on the North American West Coast, to broadcast their Internet auctions exclusively for a period of three years.
Under the terms of the agreement, effective January 1, 2004, Ableauctions will broadcast all of the Client's Internet auctions exclusively for a period of three years either on its own technology or through eBay Live Auctions.
Seahawk Auctions specializes in western and regional art, antique western collectibles and native items, as well as antiques related to the historic old west. Its partner company, West Coast Estates Auctions, provides Seahawk with an international reach in sourcing its native art and selling it in their auctions.
Seahawk Auctions draws from over a decade of experience in their field and is an expert source for high quality Northwest Coast Native Art and Artifacts. Their focus is predominantly on Old Northwest Coast Art and Native Art throughout North America and the World.
The online technology services provided by the Company have given Seahawk Auctions the international reach in selling to their clients and thus achieving higher prices for their consignors while maintaining a competitive environment for all their bidders.
Ableauctions.com is a high-tech auctioneer that conducts auctions live and simultaneously broadcasts them over the Internet. With the experience of 3,000 auctions, the Company has developed its own technology to broadcast auctions over the Internet (www.ableauctions.com/technology) and currently provides the technology and related services to auction houses, enabling them to broadcast auctions over the Internet. For a comprehensive Corporate Update and prior releases, visit www.ableauctions.com. For more information, contact Investor Relations at firstname.lastname@example.org.
iCollector.com is a wholly owned subsidiary of Ableauctions and is the independent connection to the world's auction houses. It was the first company dedicated to trading antiques, fine art and premium collectibles on the Internet and today represents some of the world's leading auction houses. Since January 2001, it has broadcast hundreds of live auctions in real-time on eBay Live Auctions, directly from the salesroom as the auction happens, selling tens of thousands of lots to many thousands of users online. With its unparalleled understanding and expertise in this sector, iCollector can help you to maximize your opportunities to find, buy or sell art, antiques and collectibles online.
Last Week's Opinion:
Last Month's Opinion:
Direction: Top 1%
0-10 10-20 20-30 30-40 40-50 50-60 60-70 70-80 80-90 90-100
Date Open High Low Last Change Volume % Change
01/21/04 0.84 0.96 0.83 0.87 +0.04 8398300 +4.82%
Trend Spotter (TM) Buy
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 1474310
Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 1784460
Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 1378976
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
0.87 0.76 0.89 1.02
Analysis Chart Fibs Level II Opinion News Fund.(y) Fund (cs) Analysts 5min Chart Quote Options Insiders
Symbol help AAC Analysis
Markets Overview Market Momentum Market Indices Isdex Index Nasdaq 100 Dow 30 Commodities 52 Week Highs 52 Week Lows Volume Leaders Price Advances Price Declines Percent Advances Percent Declines
AAC Ableauctions.com, Inc. Add to Watch List FAQ
Symbol Last Trade Date Change Open High Low Volume
AAC 0.87 Jan-21-2004 0.04 0.84 0.96 0.83 8,398,300
Note: Canadian symbols now end in .c i.e SYMB.C Overall Short Intermediate Long
Analysis Bullish Bullish Very Bullish Bullish
Type Value Conf.
resist. 0.96 2
resist. 0.92 2
supp 0.79 3
supp 0.74 15
supp 0.68 6
supp 0.65 9
supp 0.60 2
supp 0.56 2
supp 0.51 8
supp 0.43 10
Looking for a great book
on Technical Analysis? Proceeds promote site development : )Chart Indicators
Ind. short Inter Long
EMA VBu VBu VBu
MACD VBu Bu N
RSI . Bu .
TDD . Bu .
Fibs VBu VBu VBu
Highs N Bu Bu
Lows VBu Bu N
Trends N Bu N
Stochastic VBe . .
VBu=Very Bullish, Bu=Bullish
Be=Bearish, VBe=Very Bearish
Recent CandleStick Analysis Bullish
Jan-16-2004 Bullish Harami
Jan-15-2004 Bearish Harami
Jan-14-2004 Bullish Engulfing
Direction Date range