posted
If they release a highlight PR, which they likely will, this should have a nice run. I am getting more now before they release it...
Look at the volume already! 721k in the first 19 minutes of trading, pretty big for this stock. People who read the 10-Q are loading up...
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COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Tricell Announces $740 Million Revenue and $6.7 Million Profit For First Half of 2006
STAFFORDSHIRE, England, Aug 21, 2006 /PRNewswire-FirstCall via COMTEX/ -- Tricell, Inc. (OTC Bulletin Board: TCLL), today announced revenue for the first six months of $740.9 million. This compares to $276.8 million in revenue for the same period in 2005. Profit for first half of 2006 was $6,776,389, as compared to a net loss of $162,038 for the same period in 2005. The increase in revenue is the result of our expanded trading operations, which since June 30, 2005, includes the operations of our wholly owned subsidiary, Ace Telecom. Tricell's increased profit is the result of both our expanded operations, our reduced cost of capital, and a one time gain of $3,620,523 realized on net liabilities written off from liquidated subsidiaries. Tricell generated revenue of $357.4 million for the three months ended June 30, 2006 as compared to $220.5 million for the same period in 2005. Tricell's quarterly profit for the quarter ended June 30, 2006 was $1,769,382, as compared to a net loss of $74,930 for the same quarter last year. The significantly improved profitability in the second quarter of 2006 resulted primarily from Tricell internally financing a majority of its trading activities with cash flow from operations, whereas an external line of credit was used to finance operations for the second quarter of 2005.
Andre Salt, Tricell's CEO and Chairman, stated, "Our results through the first six months of 2006 and for the second quarter of 2006 are very satisfying and we look to continue this level of operations through 2006. We plan on building on our base of operations in 2007, including our projected expansion into the United States by the end of the 2007 second quarter. We are continuing to move forward with our plans to acquire N2J, which we hope will allow us to increase not only revenue, but our profit margin."
Tricell Inc. was established in 1999 as a distributor of mobile phones and related accessories to the wholesale markets in the UK, Europe, Middle East and Asia. For more information, please visit our website at http://www.tricellinc.com, or the SEC's Edgar filing system at http://www.sec.gov.
Disclaimer:
The above news release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). These statements are based on assumptions that management believes are reasonable based on currently available information. However, management's assumptions and the company's future performance are both subject to a wide range of business risks and external factors. There is no assurance that these goals and projections can or will be met.
SOURCE Tricell, Inc.
CONTACT: Jeff Nunn, Managing Director of Tricell, Inc., United Kingdom, +44 8707 532360, or Fax, +44 8707 532361, or Info*tricelldistribution.com
posted
Why is it telling me to call my broker to buy now? I bought in earlier this morning no problem? Does it have to do with my broker or is it the stock?
I cant get on the phone right now because im in the office.
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quote:Originally posted by cpeed: Why is it telling me to call my broker to buy now? I bought in earlier this morning no problem? Does it have to do with my broker or is it the stock?
I cant get on the phone right now because im in the office.
I go through Scottrade and the same thing happened to me. I bought this morning and when I went to buy again, it said I have to call in my order. I don't know why.
posted
news flash put it on the stopper list. Must have been the PR. 1st time for a pr other than filing? They should have it cleared up pretty quick. Hopefully today. You can still buy through the broker at the same commision. Could have been due to sudden high volume also. <<<<< Scottrade here too
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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quote:Originally posted by BooDog: news flash put it on the stopper list. Must have been the PR. 1st time for a pr other than filing? They should have it cleared up pretty quick. Hopefully today. You can still buy through the broker at the same commision. Could have been due to sudden high volume also.
What does that mean? Why do brokers do that?
TIA!
BTW, they PR'd last quarters financials on 5/16...
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posted
They do it so us non real trader types have to call in so it delays us getting in so they have more time to get cheaper shares. Causes a period of uncertainty amongst us so we panic and sell thinking a conspiracy which drives down the price so they can get even cheaper shares.
For real? My broker wasn’t sure either, sudden surge in activity was all he said
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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posted
coupla quick charts are encouraging for longs...basically, printed a new 52-week high today, and the the overall trend line is up since it began trading regularly vs spotty....
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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posted
res. list may have put a stop to this. But as far as this as a long it looks very good Tex. That's the reason I was looking to get in a bit cheaper. If this stays on the list I may get my chance.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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