A 10Q was released yesterday which will cause stock prices to escalate sharply, so I want to get this information out quickly to afford readers some advance notice.
CLSI is a very safe long term investment. Black ink (profit) all year with revenue growth somewhere around 85% to 90% over the year 2003.
This stock has been briefly discussed here in the past.
Decent buy price .25 to .30 per. CLSI should move up to .38 to .40 fairly soon, but will probably become stuck there for the better part of next year. CLSI is having trouble breaking through the .40 per share barrier.
Have a look at CLSI. This one strikes me as a very safe long term investment. CLSI will be very slow growth but your risks are low.
We have accumulated 20,000 shares and are working at accumulating more. Initial buys were at .22 per share but this was a couple of weeks back, and took a full week to do. We had better luck at .25 but this took several days. I doubt you will be able to get in below .28 per share with this new positive 10Q having been released.
CLSI - slow growth, safe investment.
Be sure you understand, this is a slow growth stock. You will NOT make a huge profit overnight. You will profit, but very slowly, with some ups and downs along the way.
I will add a complete profile early next week, and add any changes found.
Be sure you read their SEC filings. Be sure you research well and make careful decisions. I could be wrong about CLSI, you could lose money.
Their new 10Q and amendment were released on January 12 and January 13. During my review of stocks I monitor, I found those SEC filings yesterday. Sorry about any confusion I may have caused.
posted
PG I am a bit confused-- I am always interested in pennies that are making a profit and it looks like they are. But you are mentioning prices in the $.2 range not the $.03 range which is what I'm seeing--are we looking at Clancy Systems?
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posted
Yes, my mistake. That should be two cents to three cents, not twenty to thirty cents.
CLSI should rise to .035 to .040 in the future and become stuck at four cents a share for a period of time.
This is a stock you will want to accumulate at least ten-thousand shares, with a target around fifty-thousand shares, and wait for a one cent rise in value.
We are looking to .035 per share and sell.
Be sure to figure in your commission fees. Profit will be tight at a one cent rise.
posted
Stock Dawg, clearly you are unaware we are right at the end of a mild market crash. You really should pay attention to major market events, perhaps even check your vested stocks. My hunch is, almost all of your stocks are down, significantly.
"CLSI - slow growth, safe investment.
Be sure you understand, this is a slow growth stock. You will NOT make a huge profit overnight. You will profit, but very slowly, with some ups and downs along the way."
Maybe it is, Stock Dawg, you are actually looking to create problems, possibly start an argument?
I took a mild position in this stock. Based on outstanding shares and other DD, what is a reasonable price that you see this stock go to over the next year?
posted
stockdawg? you need to look at the charts----i COULD be sitting on 40000 free shares here DUDE------it's nono'your biz what i got-- but U R RONG
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posted
Nikolai, for now, it is difficult to make an accurate projection of share value out to a year.
Clancy is in a period of expansion and is a company highly dependent upon income from municipal governments. Currently expanding into Puerto Rico, this is costing them a bit of money generating mild losses. With many municipalities suffering decreases in tax base, this effects Clancy's ability to generate sales and income.
Nonetheless, Clancy has a long history of being a profitable company albeit a very small company. Their products fall within the arena of renewables with their business being parking lot control, parking ticket enforcement and collection of fines; there is a constant demand.
Their most recent 10Q is ok but nothing to really excite investors, save for those who read carefully and well understand the business plan of Clancy. This latest 10Q is less than stellar because their costs have increased dramatically, this is, costs of printing tickets and other paper goods. Another cost mentioned is money invested in UTS expansion down in Puerto Rico. They have a good business plan and are executing this plan, but are in an expansion period. Still, they show good steady growth every quarter and are always profitable.
This is a very long term hold stock, at least one to two years. A year from now, I would expect a nickel a share as a minimum. Two years, perhaps as much as ten cents to twenty cents.
Hard to predict because once they are established in foreign countries, they will generate significantly more income. As tax bases improve, they will win more long term contracts with cities and other pseudo government types, like universities.
They do have an important factor working for them. Their city services actually generate more revenue for cities. This is well demonstrated and makes for a strong advertisement highlight. Moving into city services, though, is a very slow red tape laden activity.
For now, we continue to accumulate and feel quite comfortable very good profits will be realized in a year, in two years.
Consider this week and today to be an excellent chance to load up on stocks.
CLSI will not make any major moves for a long time. It is a very slow growth stock. Current price of .022 is about as low as CLSI will reach, as an average.
posted
Keep in mind, Bob, this CLSI is a very slow growth stock.
Safe and secure, but profits much later.
My hunch is their next 10Q, several months away, will be fairly decent. Lot of costs recently with their expansion leading to a lack luster but profit reporting 10Q just recently.
This expansion, hopefully, will generate additional revenue on the next 10Q filing making for a more impressive report.
posted
CLSI continues to expand and increase their customer base. Most recent news, which discusses a current contract and a newly expanded contract with BART which increases Clancy's revenue base. Full article is found in usual places.
Purl Gurl
(snipped for brevity)
Mar 2, 2004
Clancy Systems International a leading developer of parking enforcement solutions, announces it has been awarded a contract with Bay Area Rapid Transit (BART), Oakland, CA, for its monthly reserved parking permit project and long term parking program.
posted
I find that interesting. The last order i placed went thru fast,-splitting the bid/ask as well. However, prior to Feb 20, i had small orders on the ask get ignored and larger (20Kand+) force the ask up without any fills(mine or others) going through. Does this indicate a new MM strategy--acquire and hold in anticipation of the sales and sell immediately or is it just more retailers selling? NYSE rules(followed or not) require more timely order fills. Or is this an indication of current holders' discouragement at the PPS and a wilingness to move on? Weak holders already out usually allows for stonger runs when they finally do move.
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Oh but Bob, it is so much more fun to blame "things" on the boss man!
Glassman, NITE was certainly playing games with CLSI back then. I still do not have any notion what they were doing.
As you know, there is a multi-million dollar lawsuit against a lot of Market Makers and the NYSE itself, coming out of California. There is another _trillion_ dollar lawsuit coming down against almost all Market Makers, brokers, the SEC and Wall Street in general. Some criminal prosecution is in the pipeline as well.
New and toothless NASD and SEC SHO are on their way in the near future.
Maybe Market Makers are more confused than they already are?
Being caught for crimes usually leads to panic and attempts to cover up. The boys over on Wall Street are not a very popular lot, as is deserved.
Give very close attention to the section which is labeled "Risk Factors" then let me know what you think. Forming an opinion based on what you read, will enhance your ability to perform good research.
If you want to engage in dialog with many investors here, start a thread on CIRT and many will provide valuable input. Maybe a topic like "CIRT - your opinion" would work well.
I believe CIRT will serve as a good example of how research is so important.
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